▲ | maxglute 3 days ago | |||||||
They only revised down 12th since it was mid Fukushima. 13th they missed targets due to AP1000/EPR and having to pivot to domestic but didn't revise down. Special circumstances. 14th latest, midterm review a couple years ago (amidst solar boom) said most indicators were meeting expectations. Last I checked they're on trend to hit 65/70GW by 2025 with ~30GW under construction, and 70GW by 2026/27, i.e. reasonably late, which given nature of nuclear I'd give a pass and categorize as on trend give nuclear leadtimes. +1-2 year of execution delays isn't unexpected, but they're not dramatically cutting targets/plans. Have to wait until next long term strategies, i.e.see if they revise down their ~100 GW by 2030, or ~200GW by 2035 plans, reality is they're basically on first wave of domestic plants with associated growing pains. If things go well, they can quickly scale. | ||||||||
▲ | ViewTrick1002 3 days ago | parent [-] | |||||||
> In December 2011 China’s National Energy Administration (NEA) announced that China would make nuclear energy the foundation of its electricity generation system in the next “10 to 20 years”, adding as much as 300 gigawatts (GWe) of nuclear capacity over that period. > This was followed by a period of delay as China undertook a comprehensive review of nuclear safety in the aftermath of the Fukushima nuclear disaster. > Subsequently, moderated nuclear energy targets were established, aiming for a nuclear energy contribution of 15% of China’s total electricity generation by 2035, 20-25% by 2050 and 45% in the second half of the century. > However by 2023 it was becoming clear that China’s nuclear construction program was well behind schedule. The target for 2020 had not been achieved, and targets for subsequent 5-year plans were unlikely to be achieved. > In September 2023 the China Nuclear Energy Association (CNEA) reported that China was now aiming to achieve a nuclear energy contribution of 10% by 2035, increasing to around 18% by 2060. https://reneweconomy.com.au/chinas-quiet-energy-revolution-t... China has also revamped the funding model for nuclear power with it now having to compete on costs with alternative generation. They have an enormous backlog of reactors which has achieved regulatory approval but have yet to start construction. In 2025 only 4 reactors have so far started construction, in 2024 the total number was 6 reactors. At current expansion rates nuclear power's slice of the Chinese grid is shrinking. Let alone multiplying. | ||||||||
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