China raises nuclear power target to 5% by 2020

China is working to increase the proportion of nuclear power in its total installed capacity to more than 5% by 2020, said Zhang Guobao, Director of the recently established National Energy Administration.

According to a nuclear power development plan issued in 2007, China's objective was to have nuclear power make up 4%, or 60 gigawatts (GW), of its total installed capacity. The new goal now sets the target for nuclear power at more than 70 GW.

China has 11 nuclear power units in operation at six nuclear power stations with a combined total capacity of nearly 10 GW. Gao Shixian, Director of the Energy Research Institute of the National Development and Reform Commission, stated that reaching 5% is feasible.

Although the announcement is attracting a number of companies into the market, China Guangdong Nuclear Power Corporation and China National Nuclear Corporation maintain their status as leaders in China's nuclear power development. However, the market could change, as more companies launch nuclear development plans to reduce their reliance on coal.

Related News

jay grewal

New president at Manitoba Hydro to navigate turmoil at Crown corporation

WINNIPEG - The Manitoba government has appointed a new president and chief executive officer at its Crown-owned energy utility.

Jay Grewal becomes the first woman to head Manitoba Hydro, and takes over the top spot as the utility faces mounting financial challenges and turmoil.

Grewal has previously held senior roles at Capstone Mining Corp and B.C. Hydro, and is currently president of the Northwest Territories Power Corporation.

She will replace outgoing president Kelvin Shepherd, who recently announced he is retiring, on Feb. 4.

The utility was hit by the sudden resignations of nine of its 10 board members in March, who said they had…

READ MORE
Savannah River Nuclear Plant

Coalition pursues extra $7.25B for DOE nuclear cleanup, job creation

READ MORE

kenya nuclear program

Kenya on Course for $5 Billion Nuclear Plant to Power Industry

READ MORE

houston

In a record year for clean energy purchases, Southeast cities stand out

READ MORE

power pylons

Energy minister unveils Ontario's plan to address growing energy needs

READ MORE