China likely to approve more nuclear power plants

13/03/2010 at 1:58 pm Leave a comment

China Securities Journal reported that China National Energy Administration is carrying forward the promulgation of administration regulations for nuclear power, which indicated that China may build an increasing amount of nuclear power plants.

Mr Li Min analyst with Yuanta Securities said that setting a unified threshold for market entry is a crucial problem in the bid to promote the development of nuclear energy.

The regulations promulgation suggests that domestic independent power producer such as Huaneng Power International Inc and Datang International Power Generation Co may soon join the force of nuclear power producers.

A number of enterprises have so far obtained government approval to carry nuclear power programs, including China National Nuclear Corp China Guangdog Nuclear Power Holding Co and China Power Investment Corp.

Most of China nuclear power plants were erected in coastal areas, and the construction of nuclear power plants in inland areas is lagged closely behind.

Source: http://steelguru.com/news/index/MTM2NTM1/China_likely_to_approve_more_nuclear_power_plants.html

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Entry filed under: Policy.

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