China Nuclear Push Stalled by Next-Generation Reactors
- Aims to approve eight new nuclear reactor projects this year
- CGN’s Taishan units see further delay in commercial operations
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China’s decision to approve its first new nuclear reactors in two years may need to wait for its success starting up the world’s first next-generation units.
Plans to green-light eight reactors this year in the world’s fastest-growing nuclear market, announced last week, could depend on whether it’s able to complete some of the world’s most-advanced facilities, including Westinghouse Electric Co.’s AP1000 and Areva SA’s EPR. The first such reactors may come online as early as the first half, followed by new approvals, according to Karl Liu, an analyst at BOC International Holdings Ltd. in Hong Kong.