(Yicai Global) Oct. 17 -- China National Nuclear Corporation will start construction of the fifth Hualong One nuclear power unit, signaling that third-generation nuclear power technology has entered the mass production phase, it announced yesterday.
Beijing-based CNNC will build six million-kilowatt third-generation nuclear power units in the Zhangzhou nuclear power plant in Fujian province, and the two reactors in the first phase will adopt Hualong One technology, according to CNNC's website.
Two major state-backed nuclear power giants CNNC and China General Nuclear Power Corporation jointly developed Hualong One to meet the requirements of the latest global nuclear safety standards. The pair has started construction of two Hualong One units in Fujian and Guangxi. CNNC is also building two reactors for export to Pakistan.
Countries worldwide have slowed approvals and construction of nuclear power projects since the accident at the Fukushima nuclear power plant in Japan in 2011. China approved eight nuclear power plants in 2015, but no new projects in the next three years. It resumed construction this year after the third-generation nuclear power technology became mature.
China had 47 nuclear power units in operation by the end of June, with an installed capacity of 48.7 million kilowatts, ranking it third in the world, and 10 nuclear power units under construction, placing it first. The Chinese government plans to achieve an installed capacity of 58 million kilowatts for units in operation and 30 million kilowatts under construction by 2020.
Editor: Dou Shicong, Ben Armour