China ranks third in the world in terms of nuclear energy. They are ahead of the United States and France. China is planning to build 150 nuclear reactors in the next 15 years, which is more than the rest of the world has built in the last 35 years, indicated the Polish Economic Institute.
According to the data of the International Renewable Energy Agency IRENA, quoted by PIE, in 2020 nuclear power plants produced energy in 32 countries. Most – 97 GW of capacity – is installed in the United States, 61 GW in France and 50 GW in China. Apart from China (361 percent), at least 10 percent in the last decade. the increase in nuclear power was recorded in Pakistan (147%), Argentina (75%), India (42%), Korea (31%), Russia (21%), Mexico (18%) and Canada ( 11 percent) – added.
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China’s nuclear plans
As PIE pointed out, 20 years ago in China there were just over 2 GW installed in nuclear power plants, and in the middle of the decade, according to the plans of the Chinese government, the installed capacity will exceed the current values in the United States.
“China is planning construction over the next 15 years 150 new reactors, that is more than the rest of the world has built in the last 35 years “- said analysts in the latest issue of” Tygodnik Gospodarczy PIE “. According to experts, this may save greenhouse gas emissions by 1.5 billion tons per year, which is about as much as the total emitted by Germany , UK, France and Spain. “The construction costs of 147 GW of reactors are estimated at around US $ 440 billion, which is less than US $ 3,000 per kW.” France and the United States.
It was explained that the capital cost of building a power plant, and thus the average cost of electricity produced from it, in the case of nuclear power is largely influenced by the amount of the so-called discount rates. “In Western countries this value may be as high as 10 percent, while in China or Russia it may be 1.4 percent.” – it was stated. Experts assessed that with such a comparison, a revival of nuclear energy in our region is unlikely, “even if we ignore other aspects, such as public moods.” According to PIE, savings can be found in cheaper Chinese technologies, but the West does not trust them in nuclear energy.
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