China Guangdong Nuclear Power Group

China Guangdong Nuclear Power Group
China Guangdong Nuclear Power Group
中国广东核电集团
Type State-owned
Founded 1994
Headquarters , People's Republic of China
Area served Guangdong province
Products Nuclear power
Owner(s) State Council
Parent SASAC
Website www.cgnpc.com.cn/

China Guangdong Nuclear Power Group (Chinese: 中国广东核电集团) is a major nuclear power corporation under the SASAC of the State Council.

CGNPG currently owns Guangdong Daya Bay Nuclear Power Station (GNPS) and Ling Ao Nuclear Power Station (LNPS) Phase I with nearly 4000 MWe of installed generating capacity,[1] and there are six new nuclear power stations under construction with another 4 in plan.[2]

CGNPG also operates in other new energy industries like wind energy and solar energy, as well as more traditional industries like Hydroelectricity industry.

Contents

History

China Guangdong Nuclear Power Holding Co., Ltd. (CGNPC) was established in September 1994 with a registered capital of RMB 10.2 billion with nuclear power as its core business. With CGNPC as its core enterprise, China Guangdong Nuclear Power Group (CGNPG) comprises more than twenty wholly owned or controlling subsidiaries.

In April 2009, a fund run by China Guangdong Nuclear Power Group signed a deal raising $1.03 billion for nuclear and related energy projects. Guangdong Nuclear's fund, the first industrial fund set up by a state-owned enterprise with approval from the State Council signed the fund-raising agreement with Bank of China, China Development Bank and other institutions, which will become shareholders in the fund. The financing is the first of two phases for the fund, which plans to raise a total of 10 billion yuan.[3]

Technology import and development

CGNPG's first nuclear station uses reactors designed and built by the French National Company, Framatome. Then it develops an improved PWR (pressurized water reactor) called CPR-1000[4] based on the French type. CPR-1000 is a fully Chinese designed and constructed reactor type which takes a large proportion in all the reactors being built in China, and is believed to be the company's main presentation of its innovation power.

In February 2007 CGNPG signed a contract with Areva to build Taishan nuclear station with Areva's European Pressurized Reactor, and the Xianning nuclear station will use Westinghouse Electric Company's AP1000. These two events makes this company among the first to build a nuclear station with generation III+ reactors.

CGNPG's nuclear stations

Operating stations :Daya Bay Nuclear Power Plant[5] and Ling Ao Nuclear Power Plant phase I.[6]

Under construction :Ling Ao Nuclear Power Plant phase II,[7] Hongyanhe Nuclear Power Plant,[8] Ningde Nuclear Power Plant,[9] Yangjiang Nuclear Power Station,[10] Taishan Nuclear Power Plant[11] and Fangjiashan Nuclear Power Plant.[12]

Planned : Lufeng Nuclear Power Plant,[13] Xianning Nuclear Power Plant (entering early construction),[14] Wuhu Nuclear Power Plant[15] and Jiangsu's Second Nuclear Power Project[16]

References

External links



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