Category Archives: Energy

China makes breakthroughs in fourth-generation nuclear technology

China makes breakthroughs in fourth-generation nuclear technology

 

Stockholm, June 4 (Greenpost) — China has made breakthroughs in the fourth-generation advanced nuclear technology featuring secure high temperature reactors.

The preliminary feasibility study report of the 600,000 KW high temperature reactor of the Jiangxi Ruijin nuclear project for commercial use was approved by the authorities, marking a big step forward for China’s first high temperature reactor power station for commercial use, according to the China Nuclear Engineering Group Co., on Wednesday.

Construction is expected to start on the first phase of the Jiangxi Ruijin project’s two units in 2017.

Nowadays, China has already mastered all technologies of high temperature reactors with proprietary intellectual property rights.

The high temperature reactors are suitable for construction in load-center areas and countries or regions with small- and medium-sized power grids, said analysts.

On China’s A-share market, investors can focus on companies as Sichuan Danfu Compressor (002366.SZ), SUFA Technology Industry (000777.SZ) and Jiangsu Shentong Valve (002438.SZ). Enditem

 

China to promote energy price reform

China to promote energy price reform

 

Stockholm, June 2(Greenpost) — China will promote price reforms of energy, especially electricity in 2015, the National Energy Administration (NEA) said Thursday.

The costs and prices of electricity transmission and distribution will be monitored, but the price determined by the market. A power transaction market will be established to better allocate resources. Clean energy will be advanced, according to NEA’s document on market supervision in 2015.

Monopolies in some sections of energy supplies will be reviewed in an effort to open the market to competition.

The NEA demanded more supervision of power suppliers, the quality of the electricity supplied, service levels, price and other charges.  Enditem

Source Xinhua

Editor  Xuefei Chen Axelsson