Nuclear, Reactors

China purchases Westinghouse nuclear reactors for $24B

Westinghouse AP1000 reactor Sanmen China control room

China is in the process of completing several contracts for eight Westinghouse Electric Co. nuclear reactors, for a total of $24 billion.

This would be the world’s largest civilian nuclear power expansion since the Fukushima disaster in 2011, according to Reuters. The reactors will be built at four locations including Sanmen and Haiyang.

In addition, China’s largest nuclear power companies are in the works to purchase third-generation Westinghouse AP1000 reactors, said Timothy Collier, China’s Managing Director of Westinghouse.

China currently has 20 nuclear power reactors online and an additional 28 under construction.

China set a goal to have installed nuclear generation capacity to 58-GW by the end of the decade. Currently, installed nuclear capacity is 15.69-GW, according to the latest official data.

Sanmen’s first unit is expected to be operational by 2015, Collier said.

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