Tuesday, May 19, 2015

Electricity: "China developing fast reactors that will be cheaper than coal"

For some of my friends that sounds like the start of a "Good news/Bad news" joke.
From Next Big Future:
China has a long range plan to develop nuclear power that is cheaper than coal. China will develop its own commercial scale fast reactor in 2023 with a more advanced version in 2030. They will then scale up production as part of a build up to around 400 gigawatts of nuclear power by 2050. This would be four times more than the nuclear power currently in the USA.
China will build a lot more hydro power, wind power and solar power but there are limitations based on running out of rivers to dam and how much solar and wind can be integrated into the electrical grid.