The Government of China has reportedly approved the construction of two nuclear power projects in the country.
Reuters quoted state radio as saying that China’s cabinet approved the Hainan Changjiang nuclear power plant phase 2 project, and the Zhejiang San’ao nuclear power plant phase 1.
For these two new nuclear power plants, the country has invested approximately $10.24bn (CNY70bn).
Hainan Changjiang nuclear power plant phase 2 will come online in 2026, while the Zhejiang San’ao nuclear power plant phase 1 will begin operations by 2025.
The two new nuclear power plants will form part of the country’s policy to cut pollution levels and boost its economy.
China’s cabinet made the decision in a meeting chaired by Premier Li Keqiang.
In the meeting, the cabinet announced it would focus on maintaining a flexible monetary policy to support its economy affected by the pandemic.
In an official statement, the cabinet said: “Pushing forward the construction of nuclear power projects actively and steadily is an important measure to expand effective investment, enhance energy support, and reduce greenhouse gas emissions.”
Last year, China launched three new nuclear power plants in the provinces of Shandong, Fujian and Guangdong, which marked the end of a moratorium on new projects.
China’s nuclear association said that six to eight nuclear reactors a year will be built in the country between 2020 and 2025. These will raise the country’s total capacity to 70GW, up 43.5% from May-end, according to the official China Daily in July.
The association also said that the total installed nuclear capacity in China is expected to stand at 52GW by the end of this year.