China’s rapid nuclear expansion will result in it overtaking the United States as the nation with the largest atomic power capacity by 2026, according to BMI Research.
The world’s second biggest economy would almost triple its nuclear capacity to nearly 100 gigawatts by 2026, making it the biggest market globally, analysts said in a note dated on January 27.
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China has committed to boosting nuclear power, which accounted for about 1.7 per cent of its total generation in 2015, to help reduce its reliance on coal, which accounts for about two-thirds of the country’s primary energy.
The nation has 20 reactors currently under construction, according to the International Atomic Energy Agency.
Another 176 were either planned or proposed, far more than any other nation, the World Nuclear Association has reported.
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“Furthermore, by expanding its own domestic nuclear sector, the country will develop the expertise to export nuclear capabilities and nuclear technology abroad.”
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