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Nuclear Power

Nuclear power has the advantages of zero pollution and high availability. China currently has 11 nuclear power plants with total generation of 9.1GW, 24 units under construction totaling 25.4GW, and nine more planned units. Since August 2008, the NDRC has given approval for 35 plants of over 1GW each. The original target of 40GW by 2020 is expected to be met in 2015, and the capacity in 2020 should be over 75GW. China’s nuclear power plants are still few compared to developed countries (US: 104, France: 59, Japan: 55, Russia: 31, UK: 27) and the contribution to overall energy is small. Total new investment may reach Rmb750bn. By 2020, nuclear power may account for over 5% of total generation, compared to just 1.3% in 2008.

China has accelerated building its nuclear power generating units (reactors) to help increase power generation, leading to strong demand for valve products. China currently has 11 nuclear power generating units. Based on the Medium and Long‐term Development Plan for Nuclear Power, the country is expected to build 20 new nuclear power generating units by the end of 2020. The total installed capacity from nuclear power generation is expected to reach 40 million KW in 2020, up from 8.9 million KW in 2008.