China General Nuclear and China Huaneng are to cooperate in nuclear power, fuel and technology through a newly signed framework agreement. CGN has 21 power reactors in operation in China and a further seven under construction. Under a strategic investment agreement signed in October 2016, CGN agreed to take a 33.5% stake in EDF Energy’s Hinkley Point C project in Somerset, UK, as well as jointly develop new nuclear power plants at Sizewell in Suffolk and Bradwell in Essex. The Hinkley Point C and Sizewell C plants will be based on France’s EPR reactor technology, while the new plant at Bradwell will feature the Hualong One design. China Huaneng Group was formed from the State Power Corporation in 2002 as one of five major generators, and it has about 138 GWe in operation, none of it nuclear. It has formed links with both CGN and China National Nuclear Corporation. It is an independent state-owned but incorporated business entity focused on power generation. China Huaneng is the fourth Chinese central enterprise to obtain qualification for nuclear power development. It had a 49% stake in the Changjiang nuclear plant but transferred this to Huaneng Power International in December 2010. It also has a 5% stake in the Haiyang project.
World Nuclear News 23rd April 2019 read more »