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China has approved five new nuclear power projects, including 11 nuclear power units, driving 100 billion yuan-level investment, ThePaper reported on Tuesday. The new projects involve a variety of independent third - and fourth-generation nuclear power technology routes. The total investment of these projects is more than 200 billion yuan ($28 billion), according to the rough calculation of ThePaper. The project in Xuwei, East China's Jiangsu province, is world's first nuclear power plant that couples high temperature gas-cooled reactor with pressurized water reactor, focuses on industrial heating and electricity supply. After completion, the project will provide large-scale high-quality low-carbon industrial power to the petrochemical industry base in Lianyungang, East China's Jiangsu province. In recent years, the approval of domestic nuclear power projects has made steady progress. In 2022 and 2023, 10 new nuclear power units were approved within each year. China aims to increase the share of non-fossil energy consumption to about 25 percent by 2030, according to a guideline jointly issued by the CPC Central Committee and the State Council on accelerating the comprehensive green transformation of economic and social development. |
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