Chinese Vice Premier Zeng Peiyan called for innovation in
nuclear technologies on Tuesday at the launch of the State Nuclear
Power Technology Co. in Beijing.
The new company is authorized by the State Council, or cabinet, to
sign contracts for third-generation nuclear power technologies
transfer from other countries.
Zeng said the company should speed up the re-innovation of foreign
nuclear power technologies to ensure China's energy supply.
China is seeking alternatives to coal and oil as its double-digit
economic growth faces energy bottlenecks.
Zeng noted the company should strive to invent key nuclear
technologies and build advanced pressurized water reactors using
its own patents and brands as soon as possible.
Nuclear energy will play a key role in helping China build a
resources saving and environment friendly society, the vice premier
said.
The State Nuclear Power Technology Co. is co-funded by the State
Council and four large state-owned enterprises, including the China
National Nuclear Corporation, with registered capital off our
billion yuan (US$519.5 million).
Wang Binghua, 53, has been appointed chairman of the company. He
had previously served as the general manager of the state-owned
China Power Investment Corporation and deputy general manager of
the China National Nuclear Corporation.
The company signed a framework contract on February 28 to buy four
third-generation pressurized water reactors from the U.S.-based
Westinghouse Electric Co.
Talks on the final agreement are still underway, and the official
contract could be signed next month, according to Wang.
He said two pressurized water reactors will be installed in Sanmen
City, east China's Zhejiang Province, and the other two in Haiyang
City, east China's Shandong Province. The two sites have finished
preliminary preparations for the 'AP1000' project.
Of the 11 nuclear power reactors operating in China, three use
domestic technologies, two use Russian technologies, four use
French technologies, and two are Canadian designed. All the
reactors employ second-generation nuclear power technologies.
The third generation program developed by Westinghouse is the only
one that has received final approval from the U.S. Nuclear
Regulatory Commission.
China's present installed capacity of nuclear power plants is less
than nine million kilowatts, about one percent of all its power
generating capacity. It will be increased to 40 million kilowatts
by 2020.
(Xinhua News Agency May 23, 2007)
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