Nuclear cooperation discussed in U.K.-China meeting

U.K. Foreign Secretary
U.K. Foreign Secretary
0Comments

United Kingdom Foreign Secretary Philip Hammond met with Chinese Premier Li Keqiang last week and discussed possibilities in increasing nuclear cooperation.

During the meeting, Li stated that China is in the transition phase between its reliance on fossil fuels for electricity generation and nuclear energy production. The World Nuclear Association (WNA) reports that there are currently 24 nuclear reactors under construction in China and the country has 30 in operation.

The WNA also states that China intends to have approximately 150 gigawatts of nuclear generation capacity by the year 2030. As a result of the development of China’s nuclear industry, this provides opportunities for cooperation between the two countries, the premier said. He also indicated that China was interested in facilitating increased collaborative measures with the U.K.

Hammond agreed, and stated that the U.K. is also interested in working with China in nuclear areas and in other international affairs. Both officials noted that relations between the U.K. and China have been improving, and this was apparent in President Xi Jinping’s visit in 2015, the State Council of the People’s Republic of China stated.



Related

WINDESCO: WeBoost Platform Increases Annual Output by $3,000 per Megawatts for Longroad Energy’s 145 Megawatts Acquired Wind Plant

WINDESCO: WeBoost Platform Increases Annual Output by $3,000 per Megawatts for Longroad Energy’s 145 Megawatts Acquired Wind Plant

WindESCo Helps Longroad Energy Optimize Wind Asset Performance to Unlock $430,000 in Annual Revenue

ACWA POWER: Signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

ACWA POWER: Signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

Following the signing of the implementation agreement for the $300 million Independent Power Project in January 2020, and under the patronage of the Ministry of Energy in Saudi Arabia, ACWA Power today executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions.

CAPITAL DYNAMICS: Exits 108-Megawatt Beacon II and V Solar Portfolio in Kern County, California

CAPITAL DYNAMICS: Exits 108-Megawatt Beacon II and V Solar Portfolio in Kern County, California

Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Power News Wire.