China greenlights 8 new nuclear plants
The Chinese government has announced a plan to build eight new nuclear reactors at a cost exceeding 170 billion yuan (approximately $25 billion) in order to meet the country's growing electricity demand. The projects include two reactors in Hunan and Guangdong provinces, each with a capacity of 1,217 megawatts upon completion, enough to supply electricity to one million homes. Additionally, projects for reactors in Liaoning and Shandong provinces have been approved as part of Beijing's efforts to ensure sustainable power supplies. The goal is to produce 110 gigawatts of nuclear energy by 2030, representing a 76% increase over 2022, aiming to surpass France and the United States in nuclear energy production before the end of the decade. Nuclear power is a vital component of China's strategy to provide clean and stable energy alongside renewable sources, following its leadership globally in solar and wind energy sectors.
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