Archive for ‘nuclear energy’

11/03/2015

Nuclear Power Gains Traction in China – China Real Time Report – WSJ

China’s government is breathing life into its nuclear sector with the approval of the country’s first new reactors in more than two years. As the WSJ’s Brian Spegele reports:

The National Development and Reform Commission, China’s top economic-planning agency, approved construction of two reactors in the country’s northeastern Liaoning province by state-owned China General Nuclear Power Corp., according to a statement to the Hong Kong Stock Exchange by the company’s listed unit, CGN Power Co.

China is the world’s biggest nuclear growth market. The country operates 24 reactors currently. A further 25 are under construction, out of 68 globally, according to the IAEA. China doesn’t disclose total spending, but based on the cost of reactors, its buildout represents tens of billions of dollars in potential new business for Chinese and foreign companies over the coming decade.

via Nuclear Power Gains Traction in China – China Real Time Report – WSJ.

05/03/2015

China’s nuclear plant plans get new momentum – Business – Chinadaily.com.cn

State Council gives green light for two reactors at Hongyan River in Liaoning

China's nuclear plant plans get new momentum

China’s nuclear energy development plans got a fresh impetus on Wednesday after the State Council gave the green light for new reactors at the Hongyan River nuclear power plant.

According to industry sources, units 5 and 6 of the Hongyan River nuclear plant in the northeastern Liaoning province got construction approval from the State Council before the Lunar New Year.

“It is a big step forward for China to revive the industry and more nuclear projects are expected to start construction this year. However, the official documents are yet to be finalized,” a source in a State-owned nuclear company told China Daily.

New nuclear projects are also in the pipeline, the source said, adding that the moves would help optimize China’s energy mix amid mounting pressure from air pollution.

Tang Bo, an official at the National Nuclear Safety Administration, said earlier that the regulatory body has been working on the environmental impact assessment and safety inspection of nuclear projects including the Hongyan River nuclear project, the Shidao Bay nuclear demonstration project in Shandong province and units 5 and 6 of the Fuqing nuclear power plant in Fujian province.

“We have drawn up a draft list of new projects for final approval,” he told China Daily earlier. “Our job is to clear the potential risks and help with the technical preparation of the nuclear sites before the government’s final approval,” he said.

Following the Hongyan River nuclear project, units 5 and 6 of the Fuqing nuclear power plant are the next possible candidates for approval, experts said.

“The Fuqing nuclear project will possibly get the nod from the government in April at the earliest,” the source said.

The equipment purchase order for units 5 and 6 of the Fujing nuclear power plant, which uses the Hualong One reactor design, known as the third-generation nuclear technology, is nearly complete, the source said.

China, with the world’s largest number of nuclear power plants under construction, is now pushing ahead to embark on a program of new nuclear projects to reduce the proportion of fossil fuels in its primary energy consumption.

Last year, the State Council rolled out an energy plan to have a more efficient, self-sufficient, green and innovative energy production and consumption mechanism.

The plan targets to have 58 gigawatts of nuclear power in operation by 2020 and at least 30 gW under construction. To meet that target, China needs to add at least another 10 gW of installed capacity with approval of six to eight reactors each year, according to estimates from industry experts.

After the Fukushima Daiichi nuclear disaster in Japan in 2011, China suspended approval for nuclear plants in order to revise its safety standards. However, it lifted the ban on new nuclear power stations at the end of 2012, and said it would only approve projects proposed for coastal areas within 2015.

via China’s nuclear plant plans get new momentum – Business – Chinadaily.com.cn.

26/01/2015

Rain on India’s parade, but Obama visit keeps spirits high | Reuters

U.S. President Barack Obama watched a dazzling parade of India’s military might and cultural diversity on Monday, the second day of a visit trumpeted as a chance to establish a robust strategic partnership between the world’s two largest democracies.

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It rained on the parade through the heart of New Delhi, but excitement nevertheless ran high over Obama’s landmark visit, which began on Sunday with a clutch of deals and ‘bromance’ bonding with Prime Minister Narendra Modi.

The two leaders announced plans to unlock billions of dollars in nuclear trade and to deepen defence ties.

Most significant was an agreement on two issues that, despite a groundbreaking 2006 pact, had stopped U.S. companies from setting up nuclear reactors in India and had become one of the major irritants in bilateral relations.

“Mobama breaks N-deadlock,” the Mail Today newspaper said on its front page, which carried a photograph of Modi and Obama hugging each other warmly.

The bonhomie was a remarkable spectacle, given that a year ago Modi was persona non grata in Washington and was banned from visiting the United States for nearly a decade after deadly Hindu-Muslim riots in a state he governed.

Obama is the first U.S. president to attend India’s Republic Day parade, an annual show of military prowess that was long associated with the anti-Americanism of the Cold War.

via Rain on India’s parade, but Obama visit keeps spirits high | Reuters.

16/12/2014

China Wants its Nuclear Reactors ‘Made in China’ – China Real Time Report – WSJ

When a unit of North Carolina’s Curtiss-Wright Corp. won a roughly $300 million deal in 2007 to supply components for new reactors in China, industry officials trumpeted China’s nuclear boom as good for U.S. business.

Today, Chinese companies are competing for that business—and foreign companies risk getting left out. Meanwhile, Curtiss-Wright’s contract is caught up in a legal dispute, while Chinese authorities blame the company in part for the delay of a landmark nuclear project. As the WSJ’s Brian Spegele reports:

U.S. and other foreign companies are now struggling to keep their hold in China, the industry’s biggest growth market and a rare bright spot more than three years after the Fukushima disaster in Japan put many of the world’s nuclear projects on hold. Yet China is increasingly turning to local companies to build crucial parts for multibillion-dollar nuclear projects, a result of Chinese industrial nationalism and frustration over U.S. supplier problems.

With the global nuclear industry focused on China, the Chinese government has used the heft of its huge market to secure transfers of key technology and gradually localize production. In the process, China is achieving a political aim to source sensitive manufacturing at home and satisfying a practical need to avoid complications posed by faraway suppliers.

One of those supplier issues has surfaced in eastern China’s Zhejiang province, where Pennsylvania’s Westinghouse Electric Co. is building the first of four of its most advanced, commercially available reactor, the AP1000, in China. Local authorities blame two-year delays in part on quality problems related to Curtiss-Wright. In a written statement, Curtiss-Wright said it has “refined and improved our design processes” as a result.

Still, despite the challenges, opportunities remain for international providers, said Rosemary Yeremian, president of Strategic Insights Inc., a Toronto-based consultancy. China is new to the global nuclear stage, and partnerships bring quality and other assurances, she said.

via China Wants its Nuclear Reactors ‘Made in China’ – China Real Time Report – WSJ.

19/11/2014

More nuclear plants and renewable energy under new development plan | South China Morning Post

China will boost oil exploration, use less coal and more natural gas, build more nuclear plants and develop renewable energy under a new seven-year development plan.

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The State Council’s newly released plans for 2014-2020 marks the latest attempt by policymakers to limit the nation’s appetite for energy. Reflecting its rapid industrialisation and economic growth, China has become a voracious consumer of energy, changing global energy markets and the geopolitics of energy security.

The document sets out five strategic tasks for the nation’s energy development. The first is to achieve greater energy independence by promoting clean and efficient use of coal, increasing domestic oil production, and developing renewable energy .

China plans to develop new and existing oilfields in nine regions where it has large proven reserves – including in the northwestern, central and northeastern provinces as well as offshore fields in the Bohai Gulf and the East and South China seas.

The plan also calls for boosting offshore oil exploration though improved exploration trace analysis, promoting deep-sea bidding from foreign corporations to develop offshore sites and greater research and development in deep-sea oil discovery technology and equipment.

The plan’s second task is to curb excessive energy consumption and implement energy-efficiency programmes in urban and rural areas. The third task builds on this goal by cutting the proportion of coal used in the nation’s energy production while using more natural gas, nuclear power and renewable energy. The plan calls for more nuclear plants to be built along the coast “at a suitable time” while also studying the feasibility of inland nuclear plants.

The fourth task is to expand international cooperation in energy, establish regional markets and participate in global energy governance. The fifth is to promote innovation in energy-related technology.

via More nuclear plants and renewable energy under new development plan | South China Morning Post.

18/09/2014

India to hold talks with China on civil nuclear cooperation | Reuters

India will open talks on civil nuclear energy cooperation with China, Prime Minister Narendra Modi said on Thursday after summit talks with Chinese President Xi Jinping in New Delhi.

The announcement, part of the new government’s push to broaden its nuclear energy sector, comes on the heels of a deal India struck this month to buy uranium from Australia to increase its fuel supplies.

“We will begin the process of discussions on civil nuclear energy cooperation that will bolster our broader cooperation on energy security,” Modi said in a statement, with Xi beside him, at a news conference.

Ahead of Xi’s visit, Chinese Assistant Foreign Minister Liu Jianchao told reporters that China had a “positive attitude” towards nuclear cooperation with India, but offered no details.

Behind the scenes, China has been pressing India hard to begin talks on civil nuclear cooperation, said W.P.S. Sidhu, a senior fellow at Brookings India.

Any deal for India to buy civil nuclear reactors from China may take years, but both countries benefit by starting the conversation, said Sidhu.

“It’s a way for India to explore other options,” he said.

via India to hold talks with China on civil nuclear cooperation | Reuters.

05/09/2014

Australia to sign uranium export deal with India – Businessweek


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Australia’s Prime Minister Tony Abbott met with his Indian counterpart Friday on a two-day state visit during which they are expected to sign a deal to allow the export of Australian uranium to India for use in power generation.

The agreement is expected to be signed Friday evening. Australia, which has almost a third of the world’s known uranium reserves, imposes strict conditions on uranium exports and India’s failure to sign the Nuclear Non-proliferation Treaty had long been a barrier to a trade deal.

Australia and India have been negotiating a nuclear safeguards agreement with verification mechanisms since 2012, when a former Australian government agreed on civil nuclear energy cooperation with India that would eventually allow the export of Australian uranium to the energy-starved South Asian nation.

India faces chronic shortages of electricity and about 65 percent of its installed power generation capacity comes from burning fossil fuels including oil, coal and natural gas. India is eager to expand its nuclear power capacity.

Australia’s decision to sell uranium to India follows a civil nuclear agreement with the United States. The deal with the U.S. was signed in 2008 and allowed Washington to sell nuclear fuel and technology to India without it giving up its military nuclear program.

India is seeking a similar agreement with Japan. The two sides have claimed “significant progress” but failed to reach a last-minute agreement on safeguards sought by Tokyo when the Indian Prime Minister Narendra Modi was in Japan earlier this month.

via Australia to sign uranium export deal with India – Businessweek.

23/04/2014

Energy-Hungry China Plans to Accelerate Approvals for New Nuclear Reactors – Businessweek

China slowed down the approval process for new nuclear power plants in the wake of Japan’s 2011 Fukushima disaster. Now it intends to speed things up again.

The construction site of the No. 2 reactor at the Changjiang Nuclear Power Plant on Hainan Island, China, on Sept. 25, 2012

On Friday, China’s State Energy Commission met in Beijing to review energy forecasts and discuss safety considerations regarding nuclear power. According to a statement released on the commission’s website on Sunday, it now intends to expedite the approval process for new reactors in China.

In 2013, China approved the construction of just two new nuclear reactors, with a combined generating capacity of 2.1 gigawatts. This year, it intends to green-light another 8.6 GW of nuclear energy, according to an article in Monday’s state-run China Daily newspaper.

via Energy-Hungry China Plans to Accelerate Approvals for New Nuclear Reactors – Businessweek.

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