The 2011 Fukushima disaster — the worst nuclear accident in 25 years — threw a major wrench into China’s ambitious nuclear plans. It sent authorities scrambling to reassure people that they were not at risk of a similar catastrophe and sparked an immediate moratorium on new power plants. That ban was lifted this year. Now, China is gradually ramping up construction again. With around a dozen nuclear power plants in the works, China will overtake France as the number two producer of atomic energy worldwide within two years. If it continues with its aggressive plan, it will surpass the United States to become number one by 2030. China is the world’s largest consumer of energy, thanks mainly to industrial activity. This is only going to increase, with households expected to use nearly twice as much energy by 2040, according to the International Energy Agency. At present, some 60% of that energy consumption is powered by coal. But China is spending heavily on natural gas and nuclear power, as well as renewables — the country accounted for almost half of all investments in the latter globally in 2017.
KTVZ.com 14th Sept 2019 read more »