The Asian country is carrying out a powerful task of energy reconversion
China has taken a major step in its energy strategy by approving Five new nuclear projects valued at more than $28 billion according to what they claim in the South China Morning Post. This initiative, which includes 11 reactors distributed in the coastal provinces Shandong, Zhejiang, Jiangsu, Guangdong and Guangxi Zhuang Autonomous Region, marks the country’s largest nuclear expansion since 2019 and sets the Asian superpower on a path to becoming a leading guarantor of its clean, renewable energy, nuclear power. It’s no surprise, then, that it’s trying to outdo its rivals in the nuclear race.
Although, yes, China also continues to rely on other energy sources like oil and has a huge source of resources in its country. After all, it is gigantic.
China’s Commitment to Nuclear Weapons
The decision aims to achieve China’s economic and social development goals set out in its economic plans, demonstrating a continued commitment to nuclear energy that it had already sealed in recent years. the last five yearsThe country has constantly increased its investments in this sector, with a growth of 13.5% in the first half of this year compared to the previous one.
Currently, China operates 55 nuclear power plantsoccupying third place in the world. With 36 additional units under construction, the country is leading the global increase in nuclear projects. This expansion is not being done on any basis, since the country has a very clear objective: to reach the peak of CO2 emissions before 2030 and achieve carbon neutrality by 2060. In this way, China is showing its commitment to stop being one of the most polluting countries in the world.
China’s energy strategy seeks to diversify at every turn, increasing the share of non-fossil fuel consumption to 25% by 2030 and gradually reducing the use of coal, one of the most polluting sources and in which the country is still dependentIn 2023, China’s nuclear power plants generated 433.3 billion kilowatt-hours of electricity, contributing about 5% of the country’s electricity supply and eliminating more than 123.3 million tons of coal.
This commitment to nuclear energy is a huge step forward in China’s energy transition, but it also allows it to present a very different face than the one we are used to when talking about the country: its commitment to clean energy helps the world’s most polluting country, alongside the United States, join the fight for a greener world.
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