China embraces the atom

Recognizing the potential consequences associated with any protracted energy shortage, Beijing has embraced nuclear power as a solution. According to the China National Nuclear Corp (CNNC), the government body responsible for much of the country’s nuclear-power program, China plans to invest US$48 billion to build 30 nuclear reactors by 2020. Currently, the country has nine reactors in operation with another two under construction at a combined cost of $3.2 billion.

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Although Beijing’s efforts to address its emerging energy needs have received a positive response from many observers, several questions remain unanswered concerning the nuclear program. Under even the most optimistic projections, a 2-4% increase in the country’s overall power capacity over a 15-year period as a result of nuclear-power-plant construction will not be nearly enough to cover expected increases in residential and commercial energy demand.

Asia Times