China approves $10bn plan to build four nuclear reactors

Source: International Energy Agency
Last updated: 17 November 2022

The government of China recently approved the construction of two nuclear power projects at a cost of US$10.24 billion. The plants are Hainan Changjiang phase 2 and Zhejiang San’ao phase 1. The Changjiang units will be built by a joint venture between China National Nuclear Corporation and China Huaneng Group and are expected to go live in 2025. The Hainan Changjiang nuclear power plant phase 2 project has been scheduled to operate from 2026. The government noted that the construction of nuclear power projects “an important measure to expand effective investment, enhance energy support and reduce greenhouse gas emissions,”

Want to know more about this policy ? Learn more