Aug 01, 2023 07:32 PM
BUSINESS
China Adds to World Leading Nuclear Expansion With Six New Reactors
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The nuclear island of Unit 4 at the Shandong Haiyang Nuclear Power Plant in Yantai, Shandong province. Source: Bloomberg
(Bloomberg) — China’s State Council approved six new nuclear reactors as it continues to expand the world’s biggest pipeline of new atomic energy projects.
Two units each were approved at a July 31 meeting for the Shidaowan power plant in Shandong, Ningde in Fujian and Xudabao in Liaoning, with a total estimated investment of 120 billion yuan ($17 billion), state-owned The Paper reported.
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