Why is China going nuclear?
In November 2007, China's State Council approved its "Medium- and Long-Term Nuclear Power Development Plan", which set as a goal to increase the nation's nuclear capacity from about 7 to 40Â GWe by 2020. In March 2008, the National Development and Reform Commission suggested installed nuclear power capacity might even exceed 60Â GWe by 2020 due to faster than expected construction. Even with this growth, nuclear power's share of China's installed total capacity would be only about 5 percent. Yet China's rapid nuclear expansion poses serious financial, political, security, and environmental challenges. This study investigates China's claim that nuclear energy is necessary to meet its growing energy demands by analyzing China's energy alternatives and assessing their likelihood of contributing to total Chinese capacity. By looking at China's transformative energy policy from several perspectives, this study finds that nuclear energy is indeed a necessity for China.
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- C. Fred Bergsten & Bates Gill & Nicholas R. Lardy, 2006. "China: The Balance Sheet What the World Needs to Know Now about the Emerging Superpower," Peterson Institute Press: All Books, Peterson Institute for International Economics, number pa04648, November.
- Zhao, Lifeng & Gallagher, Kelly Sims, 2007. "Research, development, demonstration, and early deployment policies for advanced-coal technology in China," Energy Policy, Elsevier, vol. 35(12), pages 6467-6477, December.
- Auffhammer, Maximilian & Carson, Richard T., 2008.
"Forecasting the path of China's CO2 emissions using province-level information,"
Journal of Environmental Economics and Management,
Elsevier, vol. 55(3), pages 229-247, May.
- Auffhammer, Maximilian & Carson, Richard T., 2007. "Forecasting the Path of China's CO2 Emissions Using Province Level Information," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt6d28j8rg, Department of Agricultural & Resource Economics, UC Berkeley.
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