China may buy parts instead of plants

ByRod Adams

China is rethinking its planned purchase of nuclear power plants from foreign vendors. Areva, Westinghouse, and Atomstroiexport are currently bidding for a block sale of at least four reactors valued at approximately $8 billion. The announcement of the winning bid has not yet been scheduled, but has been widely expected by the end of 2005.

Here is an article from China Daily that claims that the government is thinking about purchasing just those parts that it cannot produce domestically. Decision on US$8b reactor may be delayed – http://www.thestandard.com.hk/stdn/std/China/GH13Ad06.html.

Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

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