China's nuclear power net growth will account for half of the world in the next 20 years

On the 20th, leaders from the State Grid Corporation of China, Sinopec, Huaneng, Chinalco, China Electricity Council, Shell, Sinochem Group, China Wind Power, and even CICC, CIC, Malaysian sovereignty, etc., related to energy giants. He attended a closed-door conference in Beijing.

What attracts them is a research report concerning the global energy development trend in the next 50 years.

The latest research report released by the McKinsey & Co. Consulting Company stated that in the next 20 years, China’s newly installed power generation capacity will account for 32% of the global new volume, close to 1/3 of the global total.

The report predicts that as traditional energy supplies such as oil and coal are far from meeting the rapidly growing energy demand, China will invest heavily in the development of renewable energy in the next 20 years.

Among them, by 2030, China will account for 23% of the world's new renewable energy generation capacity. During this period, China will account for 32% of the global new hydropower capacity and 26% of the wind power capacity, while nuclear power Power generation capacity will account for 47% of the global new capacity.

In an interview, McCain’s global managing partner, Wang Ju, said that from 2010 to 2030, China expects to invest an average of US$130 billion annually to build 1.1 million megawatts of new power plants, equivalent to the current installed capacity of the United States, the world’s largest electricity producer. .

Of the total global investment of US$490 billion per year, China accounts for 27%.

Among them, nearly half of the newly added power generation capacity, ie, 470,000 megawatts of electricity, is renewable energy such as wind power, hydropower, and solar energy, equivalent to more than three times the current total power generation in Germany.

Wang Ju believes that coal is still the main body of energy in China. By 2050, the proportion of coal and liquid fuels in the energy structure will drop from the current 80% to 70%.

The drop of about 10% is supplemented by hydropower, nuclear power, natural gas and renewable energy. Nuclear power and natural gas are important supplementary fields.

According to the McKinsey report, China’s installed nuclear power capacity will increase by 145 gigawatts over the next 20 years, accounting for 47% of global net growth.

“For nuclear power projects, we also solicited opinions from domestic nuclear power related companies, and the common concept is that including Japan’s Fukushima nuclear leakage and Marcule nuclear plant explosion will not affect the long-term development of China’s nuclear power. It is just for safety. The cost of safeguards under consideration will increase accordingly. In addition, because nuclear power projects have been approved too quickly in the past few years, China’s nuclear power projects need to slow down.”

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