China has nuclear power lead and should sell to the developed world, policy researcher says
- Energy crisis sparked by Russia’s war on Ukraine has left many Western nations planning a return to nuclear power
- China has forged ahead as Western reactors languished, and can now sell cutting-edge technology at a low price
“It is critical to consider the global market in advance and study the demand from developed countries,” he said.
Zhou’s remarks came at a web seminar co-sponsored by the International Energy Agency (IEA) and the China Institute of Nuclear Industry Strategy, a subsidiary of the state-owned China National Nuclear Corporation, one of the country’s two major atomic power producers.
The world is facing an energy security crisis as supply disruptions caused by Russia’s invasion of Ukraine spur huge spikes in prices and push countries to reduce dependence on Russian natural gas.
Some countries are planning a return to nuclear power as part of their energy security strategy, after once choosing to phase out production over safety concerns and the availability of natural gas.