China Approves 11 New Nuclear Reactors: $31 Billion Investment


🇨🇳⚛️ China just approved 11 new reactors at five sites. The total cost is estimated to be $31 billion.

China’s deployment of nuclear is accelerating. They’re also showing that nuclear is not inherently expensive, and can be economically competitive. They’re building 11 reactors at a cost similar to what the two Vogtle reactors cost!

🔗 James Hopf

China just made a significant move in their pursuit of nuclear energy by approving the construction of 11 new reactors at five different sites. The total cost of this massive project is estimated to be $31 billion, marking a major investment in clean energy infrastructure.

This decision showcases China’s commitment to accelerating the deployment of nuclear power as part of their overall energy strategy. By approving such a large number of reactors at once, they are sending a clear message about the importance of nuclear energy in their future energy mix.

What is particularly striking about this development is the fact that China is demonstrating that nuclear power is not inherently expensive. In fact, they are proving that it can be economically competitive with other forms of energy generation. The cost of building these 11 reactors is similar to what it cost to build just two Vogtle reactors in the United States, highlighting the efficiency and cost-effectiveness of China’s nuclear program.

This move by China is significant not only for the country itself, but also for the global energy landscape. As one of the world’s largest economies and energy consumers, China’s embrace of nuclear power could have far-reaching implications for the future of clean energy worldwide.

For more information on this development, you can visit James Hopf’s Twitter post on the topic. The link is provided below:

James Hopf’s Tweet

Overall, China’s approval of these 11 new reactors is a major milestone in their quest for a more sustainable energy future. It serves as a reminder that nuclear power has a crucial role to play in the transition to a cleaner, greener energy system.

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