Tuesday, August 20, 2024

China Approves Record 11 New Nuclear Power Reactors for $31 billion

While some Western countries (e.g. Germany) hesitate or even refuse for mostly irrational reasons, China pushes ahead with nuclear power!

China also has built hundreds of new coal fired power plants in recent years!

"Beijing gives go-ahead to 11 reactors across five regions
The country approved 10 units in each of the last two years

... The total investment for all 11 units will be at least 220 billion yuan ($31 billion) with construction taking about five years, according to financial publication Jiemian. ..."

China Approves Record 11 New Nuclear Power Reactors to Cut Emissions - Bloomberg

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