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China’s Nuclear Power
In February 2008, construction began on the Ningde Nuclear Reactor in Fujian province. According to China Daily, the reactor should cost around $7.1 billion to construct and will open for generation in...
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Uranium Update
China’s 2006 agreement for Australian companies to supply uranium to China, has finally borne some fruit. (And see Forbes). Energy Resources of Australia (ERA), which is controlled by Rio Tinto and...
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China’s Nuclear Power Expansions
On August 1, China raised its planned development of nuclear power to account for 5% of China’s total energy mix by 2020 instead of the previously projected 4%. This would account for over 60 GW of...
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China Cleantech: 2008 in Review
2008 was a rocky year for energy markets. Oil soared to $140/barrel, and then crashed to $40. Natural gas spot prices likewise jumped high to $13 MMBtu, then ended low around $6 (EIA). Investors,...
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China’s Coal (Part II): Alternatives
Coal accounts for over 70% of China’ energy mix, whereas in the United States, coal is 44% of the energy mix. Below I analyze several reasons why China has such high coal requirements as a percentage...
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