Development of new energy planning objectives previously disclosed in accordance with the National Energy Board, by 2015, the installed nuclear power capacity will reach 49 million kilowatts and 70 million -80 million kilowatts by 2020, by then nuclear power installed capacity will account for more than 5% of the total electricity installed.Herels an English summary of the story, but it's only a very brief summary, go to the link above and use GoogleTranslate if you want the full story: Nuclear Power Planning Reports Submitted to State Council
Whether it is 4% or 5% of the total installed capacity of 1.6 billion kilowatts, according to the currently projected 2020 electricity, installed capacity of at least 64 million kilowatts -80 million kilowatts.
If you want to invest in this, Global X Uranium ETF (URA) is one way to play it.
No doubt China will be building quite a few nuclear plans in the years ahead. I wonder if there are more direct ways to play this though? Any Chinese suppliers for instance that are listed?
ReplyDeleteI made a list of Chinese suppliers, but most are listed on the Mainland exchanges. See
ReplyDeleteChinese nuclear power plays