Mon, Dec. 4th, 2023, 08:51 pm
[info]formica: Because they can

https://www.reuters.com/world/china/china-launches-first-commercial-onshore-small-reactor-project-2021-07-13/

https://www.bloomberg.com/news/articles/2021-12-21/new-reactor-spotlights-china-s-push-to-lead-way-in-nuclear-power

"No country in the world is investing in nuclear power like China, which is expected to pour as much as $440 billion into new plants over the next decade and a half and overtake the U.S. as the top generator of nuclear electricity."
https://archive.is/nnAxM

https://www.powermag.com/china-starts-up-first-fourth-generation-nuclear-reactor/

"The growth of nuclear power has stalled in Western countries for a number of reasons. Reactors require a large upfront investment and take years to construct. The industry is heavily regulated. China, though, has smoothed the path for nuclear power by providing state-owned energy companies with cheap loans, as well as land and licences. Suppliers of nuclear energy are given subsidies known as feed-in tariffs. All of this has driven down the price of nuclear power in China to around $70 per megawatt-hour, compared with $105 in America and $160 in the European Union, according to the International Energy Agency, an official forecaster."
https://www.economist.com/china/2023/11/30/china-is-building-nuclear-reactors-faster-than-any-other-country

#HualongOne
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