ASX-Dividend-Report-Banner

Global First Generation IV Nuclear Power Plant Co-Constructed by Shanghai Electric Enters Commercial Operation

December 26, 2023 08:08 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 Global First Generation IV Nuclear Power Plant Co-Constructed by Shanghai Electric Enters Commercial Operation
Image source: Kalkine Media

SHANGHAI, Dec. 26, 2023 /PRNewswire/ -- The world's first nuclear power plant project equipped with Gen IV nuclear power technology – Shidaowan High-Temperature Gas-Cooled Reactor Pebble-bed Module (HTR-PM) demonstration project, with Shanghai Electric being one of the main equipment suppliers – has entered commercial operation, following the successful completion of 168 hours of test run that confirmed all systems met the design functions. The milestone pushes China to the forefront of nuclear energy innovation as it continues to explore safe, reliable, and sustainable power sources to facilitate its carbon peak and neutrality target.

Generating power through the conversion of nuclear, heat, mechanical, and electricity power, the high-temperature gas-cooled reactor (HTGR), globally recognized as the fourth-generation nuclear power technology, is lauded for its inherent safety and versatility, holding immense potential for commercial applications as an alternative power solution to fossil fuel-based energy sources.

Initiated in 2006 and beginning construction in 2012, the Shidaowan HTR-PM demonstration project is one of the 16 major national scientific and technological projects, standing on par with China's lunar exploration program and the development of the BeiDou navigation satellite system.

Shanghai Electric, one of the key participants in the project, provided equipment including reactor pressure vessels, metallic core internals, control rod drive mechanisms, shutdown systems, turbines, primary helium fans, and helium compressors. The completion of the plant marks the conclusion of a decade-long endeavor led by China's leading energy solution providers to overcome challenges in an effort to develop self-innovated solutions on the cutting-edge of nuclear power technology. 93.4 percent of the equipment used in the reactor is manufactured by Chinese companies.

The reactor pressure vessels, tailor-designed by Shanghai Electric for the project, boast larger sizes and more complex structures compared to their market counterparts, breaking industry records for height and weight. The metallic core internals manufactured for the project are the world's largest thin-walled metallic core internals, a groundbreaking achievement that fills a gap in China's market. Leveraging its 20 years of expertise, the Company developed the world's first high-temperature, high-pressure, high-power, electromagnetic-bearing primary helium fan.

HTGR is set to reshape the future of global nuclear power development with its exceptional safety features. It ensures the reactor remain safe even in the case of the failure of all cooling systems, preventing core meltdown and radioactive material leakage without any intervention. In a significant stride for China's nuclear power safety and nuclear technology innovation, the successful launch of the demonstration project greatly propels China's ability to lead in the global nuclear energy sector, trailblazing future advancements in sustainable and secure energy generation.

For more information, please visit: https://www.shanghai-electric.com/group_en/.

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.