China indeed has ambitious plans for nuclear power expansion. According to a report by the Information Technology & Innovation Foundation (ITIF), China intends to construct 150 new nuclear reactors between 2020 and 2035. Currently, China has 27 reactors under construction, which is more than two and a half times the number of any other country. Their goal is to build 6 to 8 new nuclear power plants annually for the foreseeable future, with projections indicating that China will surpass the United States in nuclear-generated electricity by 20301. This significant investment reflects China’s commitment to nuclear energy as part of its comprehensive national strategy, which includes state financing, supportive policies, and streamlined regulatory processes.
Eye-popping assessment of China’s nuclear power program:
– China intends to build 150 new nuclear reactors between 2020 and 2035, with 27 currently under construction and the average construction timeline for each reactor about seven years, far faster than for most other… pic.twitter.com/TEtow0Lpjp
— Matthew Pines (@matthew_pines) June 23, 2024