China approves building of 10 new nuclear power units for $27 billion
April 29, 2025
BEIJING, April 28 (Reuters) - China's State Council has approved the construction of 10 new nuclear generating units, according to a report from government-backed media The Paper late on Sunday, which estimated the total outlay at 200 billion yuan ($27.44 billion).
That continues the pace of expansion of the past few years, with 10-11 units having been approved annually in 2022-2024.
The newly approved projects, which all use domestic technologies, represent expansions at five operational nuclear power plants: Fangchenggang in Guangxi, Sanmen in Fujian, Haiyang in Shandong, Xiapu in Chongqing, and Taishan in Guangdong.
As of the end of 2024, China had 57 units in operation with an installed capacity of close to 60 gigawatts, according to the white paper.
By 2030, China is forecast to reach the top spot globally for installed nuclear capacity, the report forecast. Currently, it's in third place after the U.S. and France.
Nuclear made up close to 5% of China's power generation in 2024 and is expected to rise to 10% by 2040.
https://www.reuters.com/sustainability/boards-policy-regulation/china-approves-b... If Labor and Lefties think nuclear is expensive that's because of all the kickbacks they give to CFMEU