China to build 20 floating nuclear reactors
China is planning to build about 20 floating reactor platforms to meet the demand of maritime atomic propulsion, driving a market that could be worth tens of billions of dollars, a report said.
The country’s first floating nuclear plant is about to start final assembly in Huludao, a coastal city in Liaoning province.
Zhu Hanchao, deputy chief engineer of the CSIC 719 Research Institute, said that the average cost of a pilot project is about 3 billion yuan ($463 million). He said that the cost could go lower with mass production of such platforms.
A floating nuclear power plant is often used to supply stable electricity not only to remote areas, but also to large industrial facilities such as seawater desalination plants and offshore oilfield exploration rigs.