Construction progress of taishan nuclear power generating units. As no nuclear power generating unit with EPR Technology been put into commercial operation taishan nuclear will requires longer construction time. Expected commercial operation of Taishan unit 1 and Taishan unit 2 are adjusted to second half of 2017 and first half of 2018, respectively.
Reuters 20th Feb 2017 read more »
China’s decision to approve its first new nuclear reactors in two years may need to wait for its success starting up the world’s first next-generation units. Plans to green-light eight reactors this year in the world’s fastest-growing nuclear market, announced last week, could depend on whether it’s able to complete some of the world’s most-advanced facilities, including Westinghouse Electric Co.’s AP1000 andAreva SA’s EPR. The first such reactors may come online as early as the first half, followed by new approvals, according to Karl Liu, an analyst at BOC International Holdings Ltd. in Hong Kong. “There are indications that Chinese policy makers want to wait for the AP1000s and EPRs under construction to come online and see how they do operationally before approving new projects,” said M.V. Ramana, a professor at the University of British Columbia. “I am not entirely sure that this plan will actually translate into reality.” China is seeking to be the first country to bring online either an AP1000 or EPR, so-called generation III+ reactors, which have suffered costly delays in the U.S. and Europe. The world’s second-biggest economy, and largest energy consumer, is aiming to boost its nuclear power capacity and develop its own next-generation technology for export. Construction delays for third-generation units are among reasons the Chinese government approved no new reactors last year, according to BOC’s Liu. “The country wants to wait until the first AP1000 reactor successfully starts commercial operations before approving reactors using the same or similar technologies,” he said. The National Energy Administration sees at least five units finishing construction this year, including what may be the first commercially operating AP1000, used for the Sanmen No. 1 reactor in Zhejiang and EPR for the Taishan No. 1 reactor in Guangdong, which China General Nuclear Power Corp. began building in 2009. Commercial operation of Taishan No. 1 is expected to begin in the second half of 2017, delayed from its original schedule start in the first half, Shenzhen-based CGN Power Co. said in a statement to the Hong Kong stock exchange Monday. That timeline “would be very challenging to achieve” given how long tests and fuel loading may take, Morgan Stanley analyst Simon Lee said in a research note.
Bloomberg 20th Feb 2017 read more »