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CNNC Plans to Expand Controllable Installed Capacity of Nuclear Power to 16 Gigawatts in Five Years

By the end of the 12th Five-Year Plan (2011-15), China National Nuclear Corporation's (CNNC) (Beijing) controllable installed capacity of operational nuclear power units will be increased to 16 gigawatts (GW), with another 20 GW under construction, as was announced at the Annual Working Conference of CNNC, which was held in Beijing recently.
The next five years will be critical for CNNC's reform and development, said CNNC in its announcement. In 2015, CNNC will achieve its objectives of more than $15.2 billion in business income; net profits of more than $1.52 billion; annual average income per capita of more than $15,200; 10 breakthrough results in nuclear technology innovation; and more than 10 overseas science, technology and trade platforms.
As reported, CNNC's business income and net profits in the nuclear power sector reached about $3.9 billion and $900 million in 2010, respectively, accounting for 114% and 140% of the planned value, respectively.
In 2010, CNNC performed a series of adjustments in its nuclear power business by dividing it into five specialized subsidiaries: nuclear power financing; nuclear power engineering and construction (general contracting); nuclear power operation; nuclear power maintenance and technical services; and nuclear power research and development.
As of the end of 2010, CNNC has eight nuclear units with a total installed capacity of 5,810 megawatts (MW) in four nuclear power plants: Qinshan I, II, III and Tianwan I. In 2010, its power generation output reached 44.13 billion kilowatt-hours. Major nuclear power plants owned by CNNC that are under construction include Qinshan I Expansion (2,000 MW); Qinshan II Unit 4 (650 MW); Tianwan II and III (4,240 MW); Hainan I (1,300 MW); Fuqing I (2,000 MW); Sanmen I (2,500 MW); Taohuajiang I (2,500 MW); and Xudabao I (2,000 MW).

source: www.industrialinfo.com

 

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