Thursday, October 18, 2012

Proposed Safety Spending in China Hints at Resumption of New Nuclear Plant Approvals

Proposed Safety Spending in China Hints at Resumption of New Nuclear Plant Approvals

The Chinese government proposed $12 billion in safety improvements at nuclear facilities Tuesday, brightening the prospect that the country is moving toward resumption of approvals for new nuclear plants.

China is far and away the world leader in nuclear construction, with more than two dozen reactors going up across the country. While work has resumed at those sites, permission for new projects has been on hold since a review of the country's nuclear safety framework was initiated following the Fukushima Daiichi accidents in Japan.http://nuclearstreet.com/nuclear_power_industry_news/b/nuclear_power_news/archive/2012/10/18/proposed-safety-spending-in-china-hints-at-resumption-of-new-nuclear-plant-approvals-101802.aspx

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