by Bloomberg, April 2, 2019 in SouthChinaMorningPost
China’s home-grown nuclear technology is gaining favour in the battle for the nation’s next generation of reactors, according to a state-owned developer, as it sought to recover from delays and cost blowouts from imported designs.
China’s reactor, known as the Hualong One, will be faster and easier to repair and maintain than competing foreign designs because it will be made at home, according to Chen Hua, chief executive officer of China National Nuclear Power company (CNNP), which builds and operates nuclear power projects.
“We prefer the Hualong One,” Chen said on Monday at a nuclear energy conference in Beijing.
The global nuclear industry has been awaiting a revival in China after cost overruns and stricter regulation after the 2011 Fukushima disaster in Japan stalled the approval and construction of more units.