China General Nuclear Power Corporation has confirmed its investment in the United Kingdom’s nuclear industry as Britain’s regulator began the second stage of the process to assess China’s third-generation nuclear power technology. Speaking in London on Tuesday, He Yu, who is chairman of the company that is also known as CGN, said the enterprise will continue investing in the UK’s nuclear sector as part of the globalization of China’s nuclear sector. “The successful completion of the first stage of the UK regulator’s assessment of our technology signifies the UK regulator recognizes that CGN has sufficiently prepared itself for the assessment,” He said. The UK nuclear authority’s assessment process is considered to be one of the most rigorous in the world. China’s third-generation nuclear technology, the Hualong Pressurized Reactor 1000, which is also known as HPR1000, was submitted for assessment in January. CGN estimates the process will take five years.
China Daily 22nd Nov 2017 read more »