Hualong No.1 took a crucial step China's nuclear power technology went out

After signing the final investment agreement for more than three months, China's nuclear power has once again taken a substantial step into the UK market. On the evening of January 10, reports from authoritative media reported that the British government issued a statement formally accepting the application for "General Design Review (GDA)" Hualong No.1 jointly submitted by CGNPC and EDF. CGNPC said that GDA is the technical premise of Hualong-1, our country's third-generation nuclear power technology, and a crucial step for Hualong-1 to go global.

Hualong No.1 took a crucial step China's nuclear power technology went out

The overseas mergers and acquisitions of Chinese enterprises reached historic highs, and the central enterprises went to sea getting better.

On January 12, China Guangdong Nuclear Power Group Co., Ltd. (hereinafter referred to as CGN) held a press conference in Beijing to inform the British government about the formal acceptance of the general design review (GDA) of China's own third-generation nuclear power technology Hualong No.1.

According to CGN spokesman Huang Xiaofei introduction, GDA is Hualong 1 landing technology premise of the United Kingdom, China Guangdong Nuclear Power has formed a joint venture with EDF (EDF) - General Nuclear Energy Systems Co., Ltd., is responsible for carrying out Hualong 1 GDA work.

Mao Hualian, chief technology officer of Hualong No.1 GDA, said that Hualong No.1 GDA will make use of Fangchenggang No. 3 unit as a reference power station and strive to complete it in 5 years. He also disclosed that the overall profitability of China Guangdong Nuclear UK Project can be expected. "The yield is not disclosed at present but will not be loss-making."

China Guangdong Nuclear Power UK project substantive landing

Huang Xiaofei frankly said at the press conference, China Guangdong Nuclear Power in 2016 to achieve a historic breakthrough on the road.

It is reported that in last September, CGNPC and EDF Group, the British government signed a package of cooperation agreement for the UK to build a new nuclear power project. This means that CGNPC has really entered the veteran nuclear power country. At the same time, it is also the first large-scale nuclear power project won by China in the market competition. Huang Xiaofei also disclosed that the British nuclear power project company's equity delivery, and capital injection, has been completed on the date of signing.

British project ushered in a substantive landing. January 10, the British government said in a statement that the formal acceptance of Hualong 1 "General Design Review (GDA)" application. It is understood that the General Design Review is the technical prerequisite for China's third-generation nuclear power technology Hualong-1 landing in the United Kingdom. It mainly evaluates the common safety and environmental impacts of the new nuclear reactor design. These two areas are respectively controlled by the Nuclear Regulatory Office (ONR) The Environment Agency (EA) is responsible.

Mao Qing bluntly, through the UK nuclear safety regulatory review difficult. He introduced that the concept of nuclear safety regulatory review in the United Kingdom is different from that in China, the United States and other parts of Europe. There is no fixed standard or limit for its nuclear safety requirements. Instead, it must be verified by the auditee that its design meets the principle of "reasonable, BAT principles and best practice principles. "The AP1000 technology in the United States is still under scrutiny after it has been examined by the U.S. regulatory authorities and is still being reviewed for dozens of improvements.

Corresponds with the difficult, it is a considerable benefit. Mao Qing believes that the GDA's start-up means that our country's third-generation nuclear power technology has taken a crucial step toward the Bradwall project in the UK. At the same time, it will also enhance the influence and competitiveness of Hualong No.1 in the international market and promote Hualong One Number of international market development.

The face of the project's difficult and vast market cake, China Guangdong Nuclear announced that it will be Guangxi Fangchenggang Nuclear Power Unit 3 as a reference power station to carry out GDA, and strive to use five years to complete.

Mao Qing explained that CGN will set the logic of GDA for five years. In his view, GDA technically there is no possibility of disruption, at the same time, China Guangdong Nuclear had previously held exchanges with the British side in Shenzhen, the two sides reached a consensus on the concept. "Should still be in the safety, environmental protection, security and other aspects of adjustment, there will be costs, but time can be basically controlled in about 5 years."

At the same time, Mao Qing said that based on the British government gave a reasonable price, the entire project above the profit and loss line. However, he did not even disclose the rate of return.

Central ministries and agencies to promote push the sea

In fact, not only China Guangdong Nuclear Power, other central enterprises in the "going out" is also quite profitable. Wang Jiang, head of the special working group of the SASAC Research Center, said that central SOEs such as COFCO and PetroChina had a good performance on "going global" and that CGNPC was at a medium-to-upper level in the central SOEs. "The ranking standard is based on the efficiency of the central enterprises, the scale of the sea, the capacity of sustainable development, etc."

In addition to the UK project, CGN "Going Global" has also been reported on other projects. In March 2016, CGNPC and Czech Energy Group signed an agreement in Prague that sets out their cooperation in the field of nuclear energy, wind energy and solar energy. In addition, its cooperation with Malaysia is also being promoted at the same time. As of now, CGNPC's overseas clean energy holdings in the total installed capacity of nearly 10 million kilowatts, becoming China's largest installed capacity of overseas power companies.

For the major central enterprises compete for the sea of ​​logic, Wang Jiang also gave their own views. In his opinion, the most important thing is that the central government-owned enterprises can help them allocate resources around the world and improve operational efficiency. On the other hand, they are cooperating with various government strategies and initiatives. This is evident in the Belt and Road Initiative. He also pointed out that going out is also conducive to the supply-side structural reforms, transformation and upgrading of the major central SOEs in their respective industries.

Wang Jiang said the ministries will also continue to introduce policies to support the central enterprises to go to sea. For the future state of the central enterprises to go to sea, Wang Jiang believes that absolute quantity will be further improved, but stressed that the major central enterprises to go to sea will adopt a more cautious attitude.

China Guangdong Nuclear Power frequently go to sea, or also directly related to the slowdown of domestic electricity growth. The slowing down of electricity consumption leads to a decrease in the utilization of nuclear power, while the low utilization rate brings about a low yield.

However, the issue of declining utilization of nuclear power has taken a turn for the better. Huang Xiaofei disclosed that Liu Baohua, director of the nuclear power department of the National Energy Administration, said recently that the management of nuclear power consumption and consumption will be released soon and the formula will be set for the project to give full play to its resource efficiency and make it more and more numerous.

Nuclear power utilization rate will be guaranteed CGNPC performance boost, overseas strategy will be further implemented. Huang Xiaofei said that in 2017, CGN will "go global" as well as in the new energy and nuclear fuel sectors, there will also be a major news event. (Reporter Gao Jiang Hong in Beijing)

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