China NPP Development and Financing Li Kang Department of Nuclear Power CNNC.

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China NPP Development and Financing Li Kang Department of Nuclear Power CNNC

Transcript of China NPP Development and Financing Li Kang Department of Nuclear Power CNNC.

Page 1: China NPP Development and Financing Li Kang Department of Nuclear Power CNNC.

China NPP Development and Financing

Li Kang

Department of Nuclear Power

CNNC

Page 2: China NPP Development and Financing Li Kang Department of Nuclear Power CNNC.

OutlineOutline

• Introduction to CNNCIntroduction to CNNC

• China Energy Composition

• Current Status of Current Status of China Nuclear Power Nuclear Power

• Prospect of China Nuclear Power

• Flexible and diverse international cooperation

Page 3: China NPP Development and Financing Li Kang Department of Nuclear Power CNNC.

Introduction to CNNCIntroduction to CNNC

• China National Nuclear Corporation was organized and establisChina National Nuclear Corporation was organized and established based on the Ministry of Nuclear Industry on Jul. 1, 1999.hed based on the Ministry of Nuclear Industry on Jul. 1, 1999.

• Super-huge state-owned Super-huge state-owned sole-investor enterprise approved by tsole-investor enterprise approved by the State Council of China.he State Council of China.

• Totally-owned or shares-controlled enterprises and commercial Totally-owned or shares-controlled enterprises and commercial & trading companies: 186 & trading companies: 186

• Total number of Employees: about 98,000Total number of Employees: about 98,000 ,, among which, techamong which, technical staff : around 50,000, and senior professionals: about 8000nical staff : around 50,000, and senior professionals: about 8000

• Current Total Assets: RMB125 billionCurrent Total Assets: RMB125 billion

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China Energy Composition in 2005

HydroHydro--powerpower7.7%7.7%

Natural gasNatural gas2.9%2.9%

Thermal Thermal powerpower74.0%74.0%

Nuclear Nuclear powerpower2.0%2.0%

PetroleumPetroleum13.2%13.2%

New energyNew energy0.2%0.2%

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Nuclear Power is the Inevitable Choice

for China Energy Supply• The average GDP increase in the “11th Five-Year Program” is foreThe average GDP increase in the “11th Five-Year Program” is fore

casted to be 7.8% and southeast coastal region will reach 12%~15casted to be 7.8% and southeast coastal region will reach 12%~15% . % .

• The energy composition is not reasonable; thermal power’s propThe energy composition is not reasonable; thermal power’s proportion is too high; there are too many small-capacity units; the effortion is too high; there are too many small-capacity units; the efficiency is low, investment on clean energy and iciency is low, investment on clean energy and rerenewnewableable energy energy is not much, the proportion is low. is not much, the proportion is low.

• Protocol in KyotoProtocol in Kyoto has come into effect has come into effect ,, China shall be a responChina shall be a responsible country and undertake the correspondent international oblisible country and undertake the correspondent international obligations. The economy development shall certainly consider the hgations. The economy development shall certainly consider the harmony between human and environment.armony between human and environment.

• Up to the end of year 2005, the total installed electric generation cUp to the end of year 2005, the total installed electric generation capacity of the whole country has exceeded 500GWe. The electric apacity of the whole country has exceeded 500GWe. The electric generation has reached 2.47trillion KWhgeneration has reached 2.47trillion KWh

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Approved for new project

8 units around 8 GWe

Current Status of Current Status of China Nuclear Power Nuclear Power

11 units, totally 9 GWe

Operation

8 units, 7.3 GWeUnder

Construction

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中国大陆潜在核电厂址分布图Potential Site Distribution

About 70 nominated sites

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Prospect of China Nuclear Power

• Government policy to develop NP changed from appropriate Government policy to develop NP changed from appropriate to activeto active

• the NP development program of the Medium & Long Term the NP development program of the Medium & Long Term Plan(2005-2020) was Issued in Oct.2007Plan(2005-2020) was Issued in Oct.2007

• The total installed NP capacity will reach 40GWe till 2020, 4% The total installed NP capacity will reach 40GWe till 2020, 4% of the total electricity capacityof the total electricity capacity

• NP generation may take 6% of the total power generation NP generation may take 6% of the total power generation

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Nuclear Power Plan in Mainland China up to 2020

2.11.20.3

4.36.0 6.7

8.5

12.5

40

0

5

10

15

20

25

30

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40

1991

1992

1993

2002

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2004

2005

2010

2020

GW

e

40 GW in operation

18 GW under construction

Prospect of China Nuclear Power

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Seeking for flexible and diverseinternational cooperation

• All NP projects are state-owned till now.All NP projects are state-owned till now.

• ““Foreign investment and private capital are admit to enter Foreign investment and private capital are admit to enter NPP construction”NPP construction”

----said by Mr.Wangyiren, Chief secretary of the 2nd ----said by Mr.Wangyiren, Chief secretary of the 2nd department of system engineering, Commission of Science department of system engineering, Commission of Science Technology and Industry for National Defense (COSTIND),Technology and Industry for National Defense (COSTIND),

• Diversified NP investment system will be built to implement Diversified NP investment system will be built to implement the medium and long-term nuclear power development planthe medium and long-term nuclear power development plan

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Seeking for flexible and diverseinternational cooperation

• The target is the self-reliance and localization The target is the self-reliance and localization

• China welcome the foreign competent suppliers to actively China welcome the foreign competent suppliers to actively participate in the nuclear power construction on the basis of participate in the nuclear power construction on the basis of equality and mutual benefit.equality and mutual benefit.

• In the new century, China will continue to develop nuclear In the new century, China will continue to develop nuclear power vigorously. The nuclear power in the world is also power vigorously. The nuclear power in the world is also tending to be revived, therefore, we can expect that the tending to be revived, therefore, we can expect that the future for such cooperation will be much broader.future for such cooperation will be much broader.

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Closing Remarks

Broad nuclear power market will provide a stage for the Broad nuclear power market will provide a stage for the relevant corporations all over the world to present your relevant corporations all over the world to present your performance. I sincerely hope in the circle of the future performance. I sincerely hope in the circle of the future China nuclear industry, we may work with all the friends China nuclear industry, we may work with all the friends together for the lift-off of the undertaking of peaceful together for the lift-off of the undertaking of peaceful utilization of nuclear energy.utilization of nuclear energy.

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Thanks for your attention!Thanks for your attention!