Ad Support : Nano Technology Netbook Technology News Computer Software
The Chinese-made CPR-1000 (based on the french EPR) reactor was “proven, reliable, and cost-effective”. There will soon be operating base of 50 CPR1000s allowing customers to share spare parts, engineering, construction and operating experience.
Despite potential concerns about its safety standards matching Western regulations, Peter Atherton, an analyst at Citigroup, believes its reactors could reach Europe. “The Chinese have a number of reactors designed by themselves. China arriving and saying ‘please approve our technology’ in one or two years is perfectly feasible,” he says.
Among the countries thinking of building their first plants are Vietnam, Bangladesh, Indonesia, Saudi Arabia, UAE, Egypt, Jordan, Algeria, Nigeria, Ghana, Kazakhstan and the Philippines. However, China’s priority is likely to be its own energy-hungry domestic market, where it aims to build enough nuclear power to provide 8pc of its population’s electricity.
Atomic Insights notes that the next round of AP1000 reactors will be CAP1000’s. China will build the reactors without Westinghouse but have Shaw in a supporting role.
If you liked this article, please give it a quick review on Reddit, or StumbleUpon. Thanks
Supporting Advertising
Business Success
How to Make Money
Executive Jobs
Paid Surveys
Thank You
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.