Information Technology and Innovation Foundation’s Post

💥 China's nuclear power innovation is on the rise! 🇨🇳🔋 This report uncovers their advances in reactor designs and fuel cycles, challenging the global status quo. 🌍💣 Learn about the implications for international competition and collaboration in the nuclear energy sector. 🤝 Will China lead the way in the next generation of nuclear power? ☢️ #ChinaInnovation #NuclearPower #EnergyFuture via Information Technology and Innovation Foundation

KEY TAKEAWAYS (Summaries from report) ⚛️China to build 150 new nuclear reactors between 2020 and 2035, with 27 currently under construction and the average construction timeline of seven years, far faster than for most other nations. ⚛️China has commenced operation of the world’s first fourth-gen nuclear reactor, China asserts it developed some 90 percent of the technology. ⚛️China is leading in the development and launch of cost-competitive small modular reactors (SMRs). ⚛️Overall, analysts assess that China likely stands 10 to 15 years ahead of the US in its ability to deploy fourth-gen nuclear reactors at scale. ⚛️China’s innovation strengths in nuclear power pertain especially to organizational, systemic, and incremental innovation. Many fourth-gen nuclear technologies have been known for years, but China’s state-backed approach excels at fielding them. ⚛️Looking narrowly at scientific publications on nuclear energy, China ranks first in the H-index, a commonly used metric measuring the scholarly impact of journal publications. ⚛️From 2008 to 2023, China’s share of all nuclear patents increased from 1.3 percent to 13.4 percent, and the country leads in the number of nuclear fusion patent applications. #nuclear #SMR #nuclearpower #fission #fusion

KEY TAKEAWAYS China intends to build 150 new nuclear reactors between 2020 and 2035, with 27 currently under construction and the average construction timeline for each reactor about seven years, far faster than for most other nations. China has commenced operation of the world’s first fourth-generation nuclear reactor, for which China asserts it developed some 90 percent of the technology. China is leading in the development and launch of cost-competitive small modular reactors (SMRs). Overall, analysts assess that China likely stands 10 to 15 years ahead of the United States in its ability to deploy fourth-generation nuclear reactors at scale. https://lnkd.in/gwcEtAqk

• China intends to build 150 new nuclear reactors between 2020 and 2035, with 27 currently under construction and the average construction timeline for each reactor about seven years, far faster than for most other nations. • China has commenced operation of the world’s first fourth-generation nuclear reactor, for which China asserts it developed some 90 percent of the technology. • China is leading in the development and launch of cost-competitive small modular reactors (SMRs). • Overall, analysts assess that China likely stands 10 to 15 years ahead of the United States in its ability to deploy fourth-generation nuclear reactors at scale. • China’s innovation strengths in nuclear power pertain especially to organizational, systemic, and incremental innovation. Many fourth-generation nuclear technologies have been known for years, but China’s state-backed approach excels at fielding them. • Analysts assess that America and China are likely at par when it comes to efforts to develop nuclear fusion technologies, but warn that China’s demonstrated ability to deploy fission reactors at scale gives it an advantage for when fusion comes online. • Looking narrowly at scientific publications on nuclear energy, China ranks first in the H-index, a commonly used metric measuring the scholarly impact of journal publications. • From 2008 to 2023, China’s share of all nuclear patents increased from 1.3 percent to 13.4 percent, and the country leads in the number of nuclear fusion patent applications. https://lnkd.in/eyDaw8Vs

Federal scientists have repeated their breakthrough toward nuclear fusion energy three times this year — and now say they can “consistently” produce fusion energy. Late last year, the Energy Department announced its scientists had achieved a breakthrough — receiving a net-energy gain from a nuclear fusion reaction for the first time. It later announced that it had repeated the achievement — getting a net energy gain for the second time in July.  A recent report from the Lawrence Livermore National Laboratory showed it got a net-gain two additional times — both in October.  “These results demonstrated [the National Ignition Facility’s] ability to consistently produce fusion energy at multi-megajoule levels,” the report said. In a nuclear fusion reaction, atoms are fused together to create energy. Nuclear energy used today is produced by a different process, known as fission, in which atoms are split apart. Nuclear fusion does not create waste that requires long-term storage, as today’s fission power does. https://lnkd.in/dKGApjQg

China Starts Construction of More Reactors as Part of Rapid Nuclear Buildout China is rapidly expanding its nuclear energy capabilities, with 55 reactors currently in operation, making it the third-largest producer of nuclear power globally, following the U.S. and France. Recent updates from the China Nuclear Energy Association highlight ongoing construction of additional reactors as part of this significant nuclear buildout. For more details, read about China's ambitious nuclear projects. This article was sourced, curated, and summarized by MindLab's AI Agents. Original Source: Original Source: POWER Magazine Full Article: https://lnkd.in/ggK4gPzf

China is 10 to 15 years ahead of the United States in rolling out advanced nuclear power technologies. Regardless, the US remains the largest producer of nuclear energy in the world, with 94 plants accounting for 31% of global nuclear production., China is far ahead of the US in the deployment of fourth generation nuclear reactors. China's ambitious plans include building 150 new nuclear reactors by 2035, with an average construction time of seven years per reactor, far quicker than most other nations. The country currently has 56 operational nuclear reactors, with 27 under construction, positioning it to surpass the US in nuclear-generating capacity by 2030. In the last decade, China has nearly tripled its nuclear capacity, while the USA took nearly 40 years to add the same nuclear capacity. Notably, China's significant increase in nuclear patents, has grown from 1.3% to 13.4% between 2008 and 2023, now leading in nuclear fusion patent applications. China’s success in nuclear power innovation lies in its systemic and organizational approach. The country has developed a comprehensive national strategy for nuclear power, encompassing both federal and provincial levels. To reclaim its leadership in the nuclear reactor industry, The US senate passed  ADVANCE Act to Accelerate Deployment of Advanced Nuclear Reactors. Beside this, the Department of Energy announced to inject $900 million into developing small nuclear reactors. https://lnkd.in/ggwqThEX #China, #United states, #Nuclear energy

🕮 World Nuclear Performance Report 2023 - World Nuclear Association 🟨 World #Nuclear Performance Report 2023 contains analysis of global nuclear reactor performance and progress on nuclear construction in 2022, using the latest data from the International Atomic Energy Agency (IAEA). The report also includes updates on countries with nuclear reactors operating or under construction. There are also three case studies examining new nuclear #construction and reactor refurbishments. In 2022 nuclear energy supplied around 10% of the world’s electricity, and around one quarter of all low-carbon clean electricity. However, the amount of electricity supplied from nuclear energy was 2545 TWh, down 4.2% on the previous year. The global fall in nuclear generation was due to extended outages in France, the shutting down of reactors in Germany, and the halting of the Zaporizhzhia plant in Ukraine. However, in Asia, nuclear generation rose by 5%. Nuclear generation in Asia has more than doubled over the last decade. 🟨 These facts are included in World Nuclear Performance Report 2023, the definitive publication on nuclear generation and construction. ➜ Read more: see comment ___ #nuclearindustry #nuclearenergy

China Able to Accelerate World’s Fastest Nuclear Power Expansion -Nation could add as many as 10 reactors a year: CNNC chairman -China likely to surpass US nuclear capacity by 2030, BNEF says Countries trying to replicate China’s boom in renewable electricity might want to take a page out of its nuclear power playbook. Beijing is able to approve as many as 10 new reactors a year, the chairman of China National Nuclear Corp. said last week, which would accelerate an already impressive expansion of atomic energy. The nation has 36 reactors under development, and is expected to leapfrog France and the US to become the world’s largest source of nuclear power by the end of the decade, according to BloombergNEF. The country’s breakneck pace of additions has, however, been largely overshadowed by its rapid adoption of solar and wind. Those technologies come with the drawback of only producing electricity at certain times of the day, and China’s grids are already straining to deal with intermittent generation without more energy storage. Nuclear offers around-the-clock power that can easily slide into networks in place of gas and coal-fired supply. Capital Innovations, LLC