Wednesday, December 22, 2010

Foreign uranium to feed 60 pct of China nuclear sector-research

China may need foreign uranium supply by 2020
China may depend on a foreign supply to secure at least 60% of the uranium needed for its power plants by 2020, researchers said. The country initially set a goal of 40 gigawatts of nuclear generating capacity, but it is considering doubling the value to achieve emissions-reduction goals. If this happens, China would need to boost investments and increase local production capacity because the supply is enough for only the 40-gigawatt target, the study suggests. Reutershttp://af.reuters.com/article/energyOilNews/idAFTOE6BK02620101221
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