Nuclear Power
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July 10th, 2008
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In terms of nuclear power generation, China will advance from the moderate development strategy to accelerating development strategy. Nuclear power will play an even more important role in China's future power development. Especially in the developed coastal areas with heavy power load, nuclear power will become the backbone of the power structure there. China has planned to build up another 30 sets of nuclear power generator within 15 years with total installed capacity of 36 to 40 million kWh, accounting for about 4% of China's total installed capacity of the electric power industry.
In the long-term industry plan, the National Development and Reform Commission of China has adjusted the objective of the wind power installed capacity for 2010 from 4 million kilowatts to 5 million kilowatts, and the objective for 2020 has adjusted from 20 million kilowatts to 30 million kilowatts. Conservatively estimated, when the factory price of every kilowatt of equipment is RMB 6 000, the marker value will total RMB 30 billion by the year 2010.
China is speeding up its hydropower development and its hydropower installed capacity will reach 250 million kilowatts by the year 2020. This means that 46%-47% of China's water resource will be exploited and utilized then.
Categories: Energy
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