China Able to Accelerate World’s Fastest Nuclear Power Expansion

  • Nation could add as many as 10 reactors a year: CNNC chairman
  • China likely to surpass US nuclear capacity by 2030, BNEF says
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China can aim to approve as many as 10 new nuclear reactors a year to accelerate its rapid expansion of capacityBloomberg Terminal, according to the chairman of one of the nation’s largest developers.

Three or four new reactors will be added to the national fleet this year to take China’s capacity to about 60.8 gigawatts, according to Lu Tiezhong, chairman of China National Nuclear Corp. That roll-out could speed up further and would benefit from policy changes to include nuclear plants in systems to trade credits for green energy production or emissions reduction efforts, he said.