China Sets up Joint Venture to Build Floating Nuclear Reactor


Yongshu Reef (Fiery Cross Reef) airport needs lots of electric power along with other facilities on the artificial island. Photo: CCTV news

SCMP says in its report “Securing power in the South China Sea: Beijing’s plans for floating nuclear reactors get US$150 million boost”, “State-owned China National Nuclear Power announced on Thursday it was establishing the new company – with registered capital of one billion yuan (US$150 million) – in cooperation with Zhejiang Zheneng Electric Power, Shanghai Guosheng Group, Jiangnan Shipyard and Shanghai Electric.”

As China’s major shipyard Jiangnan Shipyard is a party to the joint venture, there is speculation that the joint venture will build floating nuclear reactors for China’s artificial islands on the South China Sea.

SCMP says, “In a separate notice the state power giant said the new company will also seek to promote the development of nuclear-powered vessels.”

Floating power station is certainly nuclear-powered so that the notice proves the above speculation. However, the nuclear-powered vessels may well be nuclear-powered aircraft carriers and other powerful warships.

Anyway, the new joint venture with the huge investment proves that China is making great efforts to provide nuclear power for its warships, islands and exploitation of maritime resources, etc.

Comment by Chan Kai Yee on SCMP’s report, full text of which can be found at http://www.scmp.com/news/china/diplomacy-defence/article/2106473/chinas-ambitions-develop-floating-nuclear-reactors.

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2 Comments on “China Sets up Joint Venture to Build Floating Nuclear Reactor”

  1. Anonymous says:

    mr xi jin ping concentrate on producing nucleat warheads
    only way left to save china
    put all your resources into it now
    all else is late

    Like

  2. Anonymous says:

    when so many countries want war it must war
    study american watch everybody deplete themself
    after the war they were the only left undiminished
    its happening now

    Like


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