CNNC’s new re­ac­tor set to go into global mar­ket

China Daily (Hong Kong) - - BUSINESS -

GW tor plant at Shi­daowan in Shan­dong prov­ince.

China has in­de­pen­dent in­tel­lec­tual prop­erty rights for the pro­duc­tion line, which was put into op­er­a­tion in 2016.

The com­pany has vowed to con­tin­u­ously push for­ward the com­mer­cial­iza­tion of the HTR re­ac­tors, striv­ing for more nu­clear power con­sump­tion in the com­ing decades, in or­der to achieve China’s pledge to the in­ter­na­tional com­mu­nity to re­duce car­bon emis­sions and gen­er­ate 20 per­cent of its elec­tric­ity from clean en­ergy sources by 2030.

The gov­ern­ment has pledged that re­new­able en­ergy will play a more sig­nif­i­cant role in green growth, with the share of non­fos­sil en­ergy reach­ing 15 per­cent by 2020 and 20 per­cent by 2030.

In­stalled nu­clear ca­pac­ity, which more than dou­bled to 27.17 GW dur­ing the pe­riod of the 12th Five-Year Plan (201115), is ex­pected to dou­ble again by 2020 to 58 GW.

XINHUA

A worker per­forms a sol­der­ing job at a fac­tory in Qin­huang­dao, He­bei prov­ince, which makes equip­ment for the HTGR re­ac­tor plant at Shi­daowan in Shan­dong prov­ince.

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