China Approves 10 New Nuclear Reactors

China's State Council has approved the construction of 10 new nuclear reactors at five coastal sites, with a total investment exceeding 200 billion yuan ($27.4 billion). These projects expand existing plants in Zhejiang, Fujian, Guangdong, Guangxi, and Shandong, and will use domestically developed third-generation nuclear technology. With these new approvals, China leads the world with 102 nuclear power units either operational, under construction, or approved. In 2024, China generated 444.7 billion kilowatt-hours of nuclear electricity, nearly 5% of its total power and reducing carbon emissions by about 334 million tons. The sector has achieved full localization of key equipment and maintains a focus on absolute safety and adherence to world-class standards. China aims to achieve carbon neutrality by 2060 and is projected to have the highest installed nuclear capacity globally by 2030.