China makes breakthroughs in fourth-generation nuclear technology

Stockholm, June 4 (Greenpost) — China has made breakthroughs in the fourth-generation advanced nuclear technology featuring secure high temperature reactors.

The preliminary feasibility study report of the 600,000 KW high temperature reactor of the Jiangxi Ruijin nuclear project for commercial use was approved by the authorities, marking a big step forward for China’s first high temperature reactor power station for commercial use, according to the China Nuclear Engineering Group Co., on Wednesday.

Construction is expected to start on the first phase of the Jiangxi Ruijin project’s two units in 2017.

Nowadays, China has already mastered all technologies of high temperature reactors with proprietary intellectual property rights.

The high temperature reactors are suitable for construction in load-center areas and countries or regions with small- and medium-sized power grids, said analysts.

On China’s A-share market, investors can focus on companies as Sichuan Danfu Compressor (002366.SZ), SUFA Technology Industry (000777.SZ) and Jiangsu Shentong Valve (002438.SZ). Enditem