Chinese slowdown may end nuclear’s last hope for growth. This year has been catastrophic for nuclear power, and just when it seemed the situation couldn’t get any worse for the industry, it did, writes Jim Green, editor of Nuclear Monitor: there are clear signs of a nuclear slow-down in China, the only country with a large nuclear new-build program. China’s nuclear slow-down is addressed in the latest World Nuclear Industry Status Report and also in an August 2017 article in trade publication Nuclear Engineering International by former World Nuclear Association executive Steve Kidd. China’s nuclear program “has continued to slow sharply”, Kidd writes, with the most striking feature being the paucity of approvals for new reactors over the past 18 months. China Nuclear Engineering Corp., the country’s leading nuclear construction firm, noted earlier this year that the “Chinese nuclear industry has stepped into a declining cycle” because the “State Council approved very few new-build projects in the past years”. Kidd continues: “Other signs of trouble are the uncertainties about the type of reactor to be utilised in the future, the position of the power market in China, the structure of the industry with its large state owned enterprises (SOEs), the degree of support from top state planners and public opposition to nuclear plans. Over-supply has worsened in some regions and there are questions about how many reactors are needed to satisfy power demand.
Energy Post 18th Oct 2017 read more »