4,000-MW Zhexi project to begin in 2010
BEIJING, CHINA - China National Nuclear Corporation (CNNC) announced at a meeting in mid-August that a feasibility study report has begun for the Zhexi nuclear power project in Hangzhou, the capital of Zhejiang province.
During the meeting, a preliminary report for the project was reviewed, and arrangements for the feasibility study were made. Officials of CNNC and Zhejiang's Development and Reform Commission have decided to begin construction on the project by the end of 2010.
The project will be jointly invested by CNNC and Zhejiang Energy Group Company Limited. According to the preliminary report, the project has a planned capacity of four 1,000-megawatt units, two of which will be built in Phase I.
The plant's currently recommended site is in Tuanshi, Longyou County, and its alternative site is in Yangwei, Jiande City. Upon completion, the project will be the third nuclear power station in Zhejiang after Qinshan and Sanmen.
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Hydro One stock has too much political risk to recommend, Industrial Alliance says
TORONTO - A seemingly positive development for Hydro One is overshadowed by ongoing political and regulatory risk, Industrial Alliance Securities analyst Jeremy Rosenfield says.
On October 4, staff from the Washington Utilities and Transportation Commission filed updated testimony in support of the merger of Hydro One and natural gas distributor Avista.
The merger, which was announced in July of 2017 has received the green light from federal and key states, with Washington, Oregon and Idaho being exceptions.
But Rosenfield says even though decisions from Oregon and Idaho are expected by December, there are still too many unknowns about Hydro One to recommend investors…
