Going Nuclear
Starting with a single, French-designed reactor near Hong Kong, nuclear reactors today are spread up and down China’s coast. While Japan’s Fukushima disaster has slowed the buildout somewhat, dozens of additional units are expected to open in the coming years.
Today China is outward bound. It is developing an indigenous reactor that would compete with advanced models from the U.S., France, Korea and elsewhere.
Chinese executives have been aggressively marketing the Hualong One, and envision building units in many developing markets with rapidly growing power needs. To compete with the Chinese, Westinghouse knows it will need to prove to the industry it can build the AP1000 on time and within budget.
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