IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-298-9_26.html

Comparison of Nuclear Power Industry Between China and the United States

In: Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)

Author

Listed:
  • Fangyu Liu

    (Rutgers University)

  • Liangkun Wei

    (Syracuse university)

  • Yue Pan

    (Shanghai Lingke Bilingual School)

  • Xinyu Wang

    (Kangqiao International School)

Abstract

Under of the global trend towards achieving net zero emissions, nuclear power emerges as a key clean energy source, playing an important role in the energy transition. As the world's two largest economic entities, China and the United States are leading the charge in global nuclear power development and implementation. Understanding their development through comparison is important for understanding the future of nuclear energy. The study begins with a detailed description of the evolution of the nuclear energy industry in both countries. It then discusses in depth the respective environmental impacts of the two countries, illustrating the current status and impact of technological advances in nuclear power generation, particularly Small Modular Reactors and Recycling Fuel. Subsequently, the study offers an in-depth comparative analysis of the policy support for nuclear power development, as well as the nuclear contamination regulatory laws in China and the United States. Moreover, from LCOE's viewpoint, the study analyzes and compares the economic efficiency and the differences between China and the U.S. inside different cost components. So overall, China is more competitive than the United States in all aspects of nuclear power development.

Suggested Citation

  • Fangyu Liu & Liangkun Wei & Yue Pan & Xinyu Wang, 2023. "Comparison of Nuclear Power Industry Between China and the United States," Advances in Economics, Business and Management Research, in: Amalendu Bhunia & Rubi Binti Ahmad & Yifeng Zhu (ed.), Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023), pages 234-245, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-298-9_26
    DOI: 10.2991/978-94-6463-298-9_26
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6463-298-9_26. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.