China Civilian Nuclear Industry, Technology, Exports and Supply Chain: News & Discussions

[TaiShang]

China Widens Nuclear Exports With $7.7 Billion Romania Plant

November 10, 2015 — 10:20 AM CST Updated on November 10, 2015 — 11:17 AM CST

• China General Nuclear Power to build 2 reactors in Romania
• Romania has been looking to expand capacity for over decade

State-owned China General Nuclear Power Corp. made an agreement to build two reactors in Romania, continuing China’s push to export nuclear technology abroad.

The memorandum of understanding, signed on Nov. 9 with Romania’s state-owned Societatea Nationala Nuclearelectrica SA, covers construction and operation of two Chinese-developed reactors at the nation’s Cernavoda nuclear power plant, according to a statement on the Chinese company’s website. The project’s total investment will be about 7.2 billion euros ($7.7 billion) and the two companies will establish a venture, the statement said.

Romania’s entire nuclear fleet consists of two reactors at the Cernavoda atomic station, about 48 kilometers (30 miles) west of the Black Sea. The nation has been seeking to expand capacity at the facility for more than a decade. The original plan to build two additional reactors was abandoned by GDF Suez SA, RWE AG and Iberdrola SA in 2011.


China General Nuclear started to look into Romania’s nuclear power market in September 2010 and reached a primary cooperation agreement in November 2013, according to the statement.

China is vying for wider acceptance for its atomic technology and expertise amid a global call for cleaner energy. State-owned China National Nuclear Corp. last week agreed with Argentina to build the South American country’s fourth plant and started talks on a fifth. Chinese banks agreed to provide 85 percent of the financing for the fourth plant that costs about $6 billion to build.

Last month, Electricite de France SA and China General Nuclear Power Corp. signed an accord to build three new nuclear power stations in the U.K., including the 18 billion pound ($27 billion) Hinkley plant in southwest England.

China plans to export as many as eight domestically designed third-generation nuclear reactors to international markets by 2020, China Daily reported in June.

 

[cnleio]

First China export 'Made in China' to the world, Second China phone makers selling in the world, Yesterday China export CRH to foreign railway, Now China export Nuclear plant to foreign city ... what's next for China export, C919 aireline or China automobile ? Good job 'Made in China', pround of U !!!

 

[oproh]

The New Normal, China being the biggest exporter of nuclear plants.

 

[ahojunk]

@cnleio

I can't help but notice that you have changed your DP (avatar) again.

Mr Wang Yi looks good. Why the change?

 

[cnleio]

@cnleio

I can't help but notice that you have changed your DP (avatar) again.

Mr Wang Yi looks good. Why the change?

Wang Yi is a respected diplomatist of PRC, a hardbone Chinese, i like him ... now the avatar is a ancient royal symbol of 2,000-year-ago China Han dynasty, it's a Chinese Dragon.

 

[flamer84]

First China export 'Made in China' to the world, Second China phone makers selling in the world, Yesterday China export CRH to foreign railway, Now China export Nuclear plant to foreign city ... what's next for China export, C919 aireline or China automobile ? Good job 'Made in China', pround of U !!!

There's a misunderstanding in the article.China finances the construction of the 2 reactors,China owns the majority of stokes in the new firm controlling the reactors but the technology used will be Canadian CANDU (same as the allready in use 2 reactors) ,not Chinese.

 

[cnleio]

There's a misunderstanding in the article.China finances the construction of the 2 reactors,China owns the majority of stokes in the new firm controlling the reactors but the technology used will be Canadian CANDU (same as the allready in use 2 reactors) ,not Chinese.

Does this article said Canadia ? What i only see State-owned China General Nuclear Power Corp and two Chinese-developed reactors ... maybe u should provide us a news link how Canadian to build reactors in Romania nuclear plant ?

 

[flamer84]

Does this article said Canadia ? What i only see State-owned China General Nuclear Power Corp and two Chinese-developed reactors ... maybe u should provide us a news link how Canadian to build reactors in Romania nuclear plant ?

I will search and provide a link .If i'm wrong ,i'll also state it here.

 

[Hamartia Antidote]

I will search and provide a link .If i'm wrong ,i'll also state it here.

China signs Candu deals with Romania and Argentina

CANDU reactor - Wikipedia, the free encyclopedia

There are also Canadian Candu reactors in China, Pakistan, India, and South Korea.

Does this article said Canadia ? What i only see State-owned China General Nuclear Power Corp and two Chinese-developed reactors ... maybe u should provide us a news link how Canadian to build reactors in Romania nuclear plant ?

Canadian design being built by Chinese company.

 

[flamer84]

China signs Candu deals with Romania and Argentina

CANDU reactor - Wikipedia, the free encyclopedia

There are also Canadian Candu reactors in China, Pakistan, India, and South Korea.



Canadian design being built by Chinese company.

@cnleio

Yes,he is right....the builder is a Chinese company using CANDU reactors.

 

[Aepsilons]

Good to see mature commensalism.

China signs Candu deals with Romania and Argentina

CANDU reactor - Wikipedia, the free encyclopedia

There are also Canadian Candu reactors in China, Pakistan, India, and South Korea.



Canadian design being built by Chinese company.

Thanks!

 

[TianyaTaiwan]

China is a funny country. Signs 10s of billion dollars of deals with countries that do not have money to repay. They will have lots of non performing assets.

Thanks for the concern from the superpower.

 

[ahojunk]

Previously, China may have made some bad loans, but I think they have learned from them.

I don't think China gives out loans anymore without collateral.

If it does, China would not be the world's largest trading nation.

 

[TaiShang]

Romania and China seal Cernavoda agreement
10 November 2015

Nuclearelectrica has signed a memorandum of understanding (MOU) with China General Nuclear (CGN) for the development, construction, operation and decommissioning of units 3 and 4 of the Cernavoda nuclear power plant. The Romanian national nuclear company said a joint venture project company is to be established, with CGN owning at least 51% of the share capital.

That company will oversee construction of the units, which will be 700 MWe Candu 6 reactors. Two Candu units already operate at the Cernavoda site.

Romania and China signed a letter of intent in November 2013 during a visit to Bucharest by Chinese premier Li Keqiang. During his visit, the two countries signed numerous bilateral agreements, including an MOU on the peaceful uses of nuclear energy. The Romanian government and Nuclearelectrica's shareholders approved the MOU on 2 September and 22 October, respectively.

Nuclearelectrica and CGN said their MOU moves the project closer to the organization of an investor selection procedure and that it also establishes the direction of future cooperation between the two companies. They will subsequently start the negotiation process covering detailed terms of establishments of the new project company.

Signing of the MOU "represents a concrete step forward" in the establishment of the major coordinates of the project, Nuclearelectrica CEO Daniela Lulache said. These include an investment agreement, the articles of incorporation of the new project company, the structuring of the project's financing and the contracting of engineering, procurement and construction services.

According to the Nuclearelectrica statement, CGN CEO Zhang Qibo said the signing of the MOU represents a major milestone in CGN's pursuit of collaboration with its Romanian partners.

Cernavoda is home to two operating Candu 6 pressurized heavy water reactors (PHWRs) supplied by Candu Energy's predecessor, Atomic Energy of Canada Ltd (AECL), and built by a Canadian-Italian consortium of AECL and Ansaldo. Unit 1 started up in 1996, but work was suspended on a further four units in 1991. Unit 2 was subsequently completed and has been in operation since 2007. In July 2014, China Nuclear Power Engineering Co (CNPEC) signed a "binding and exclusive" cooperation agreement with Candu Energy for the construction of two more reactors at the Cernavoda nuclear power plant in Romania. CGN is CNPEC's parent company.

"Against the backdrop of China's widening cooperation with Central and Eastern Europe (CEE), the introduction of China's funding and excellent engineering and operation management experience – with 15 reactors in operation and 11 reactors under construction - serves as testimony to the ever deepening ties between China and CEE in general, and China and Romania in particular," Qibo said. "CGN is ready to work closely with Romanian, Canadian and European partners to move the Cernavoda units 3 & 4 project forward as a strategic partner, and in a spirit of mutual benefits and win-win cooperation – now and into the future."

The new units will have an operating life of 30 years with the possibility of extension by an additional 25 years, Nuclearelectrica said. The doubling of the production capacity of the Cernavoda plant through the construction of two new units "represents a major competitive advantage in the medium and long term as Romania owns the entire nuclear fuel cycle", it said.

By doubling Romania's nuclear power production capacity, the emission of about 12 million tonnes of carbon dioxide each year will be avoided, it said. From the energy efficiency perspective, the energy produced by a single nuclear fuel assembly, about 1115 Mwe, is equal to the energy produced by 470 tonnes of conventional fuel, 2220 tonnes of brown coal, 317 tonnes of crude oil and 363,000 cubic metres of natural gas, it said.

 

[cirr]

China's CGN to build nuclear plant in Kazakhstan

Published December 14, 2015

EFE

Chinese state nuclear power company CGN on Monday announced the signing of an agreement with Kazakhstan to build a power plant in that Central Asian nation.

CGN's Kazakh counterpart, Kazatomprom, will participate in the project.

The agreement, signed during the official visit to China by Kazakh Prime Minister Karim Massimov, includes the joint exploitation of uranium deposits in Kazakhstan.

CGN and Kazatomprom had begun cooperating in 2006, and to date those joint efforts have focused on exploiting a uranium mine and trade in that nuclear fuel, which is imported from Kazakhstan to a Chinese market that is more and more avidly seeking alternatives to coal, which is still the most heavily used energy source in the world's second largest economy.

CGN currently has the capacity to produce 16 GW of energy using 15 installations in different parts of China.

The governments of the two countries also on Monday announced the establishment of a $2 billion joint fund for bilateral projects within the framework of the "New Silk Route," the new Chinese investment program.

China's CGN to build nuclear plant in Kazakhstan | Fox News Latino