Nuclear Power Sector in China Opens Doors for New Business Opportunities

  • ID: 680909
  • October 2008
  • Region: China
  • 20 pages
  • GlobalData
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Nuclear Power Sector in China Opens Doors for New Business Opportunities


China is the second largest electricity consumer in the world and the largest in the Asian region. Given the high growth rate of the economy, power demand is expected to increase very rapidly in the coming years. At present, the country currently meets 78% of its electric needs through coal based power. However, owing to growing energy security and environmental concerns, reduction in reliance on thermal power is crucial for China. The government is vigorously making efforts to tap clean energies to optimize the current power generation mix, which relies on coal for most of its power output. Looking to cut its dependence on coal, China is seeking to develop alternative energy sources to generate power.


- GlobalData viewpoints cover the latest key events or important developments in the nuclear energy industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and Our views of various developments that have been taking place in the nuclear energy industry across the world.

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- Develop business strategies with the help of specific insights from GlobalData on the key events happening in the nuclear energy industry.
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1 2
1.1 List of Figures 4
2 GlobalData Viewpoint 5
2.1 Summary 5
3 Nuclear Power Sector in China: Opens Doors for New Business Opportunities 6
3.1 Introduction 6
3.2 New Business Opportunities 6
3.3 Conclusion 8
4 Recent Developments 9
4.1 Sep 08, 2008: China To Start Construction Of First AP1000 Nuclear Unit In March 2009 9
4.2 Aug 12, 2008: China Offers Loan To Build First Nuclear Plant In Belarus 9
4.3 Aug 12, 2008: Guangdong Nuclear To Build Belarus Nuclear Plant 10
4.4 Aug 09, 2008: China And South Korea To Increase Nuclear Power Generation 11
4.5 Aug 05, 2008: China Announces New 70 GW Nuclear Power Target For 2020 12
4.6 Aug 04, 2008: China To Revise Its Nuclear Power Generation Target 13
4.7 Jul 31, 2008: CNNC To Build Nuclear Power Plant In Hainan, China 13
4.8 Jul 29, 2008: Shandong, Westinghouse And Shaw Commence Construction Of Haiyang Nuclear Power Facility In China 14
4.9 Jul 23, 2008: China To Build Nuclear Plant In Sichuan Province 15
4.10 May 09, 2008: China, Pakistan Plan To Set Up A Corporation To Construct Nuclear Power Plants 16
4.11 Apr 14, 2008: China Keen To Help Pakistan To Set Up 4 New Nuclear Power Plants 17
4.12 Jul 25, 2008: CNNC, Huaneng Receive Approval From NDRC To Build Nuclear Plant In China 17
4.13 Jun 16, 2008: DEC Signs CNY5 Billion Contract With CNNC 18
5 Appendix 19
5.1 Methodology 19
5.2 Definitions 20
5.3 Contact Us 20
5.4 About Us 20
5.5 Disclaimer 20

Executive Summary

1.1 List of Figures
Figure 1: GlobalData Methodology 19

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Note: Product cover images may vary from those shown





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