Some good news on the WW nuclear front. The title of story is somewhat confusing though.
China will build six to eight nuclear reactors a year between 2020 and 2025 and raise total capacity to 70 gigawatts (GW), up 43.5% compared to the end of May, the official China Daily said on Thursday, citing the country’s nuclear association.
The China Nuclear Energy Association said the country’s total installed nuclear capacity is expected to stand at 52 GW by the end of 2020, falling short of a 58 GW target.
But it would soon get back on track and could bring total capacity either in operation or under construction to around 200 GW by 2035, the association was quoted as saying.
According to the International Atomic Energy Agency - IAEA - China currently has 45,518 of operating nuclear capacity and 10,442 MW of capacity under construction. So the above announcement means that 6,500 MW of the construction will finish this year. That would be good.
Once all the plants under construction finish - China will a total of 56 GW of Nuclear capacity. So this announcement implies that an additional 14 GW of plants will start and finish construction by 2025. No new construction starts have been made so far this year - so this is a very aggressive goal.
Depending on the size of the reactors this means 10-12 new reactors over this timeframe - not 30-40 as the headline implies.