China's nuclear power approval will "re emphasize" the industrial chain, and there is an urgent need to speed up the "short board"
the 13th China International Nuclear Power Industry Exhibition, which opened on April 1 and lasted for three days, was not so lively on the scene. However, the good news is that at the 2019 Spring International Summit Forum of the China Nuclear Energy Sustainable Development Forum held at the same time, the official confirmed that China's nuclear power approval would "restart" after three years, which gave the nuclear power sector, which has been silent for eight years since the Fukushima nuclear accident, an opportunity for valuation recovery
however, it can not be ignored that under the background of the global decline in fossil energy prices, the continuous decline in the cost of new energy, and the surplus of electricity, China's nuclear power is still facing the challenge of "cost reduction", and the "short board" of the industrial chain also urgently needs to be accelerated. It is revealed that China is actively planning to build a nuclear fuel industrial park in coastal areas where nuclear power is relatively concentrated; It is proposed to build five low - and medium-level radioactive solid waste disposal sites in areas with relatively concentrated nuclear power; We will focus on expanding the scope and scale of nuclear technology applications in four major areas, including radiation diagnosis and treatment equipment
after more than three years of "restart"
in 2011, the Fukushima nuclear power plant was caused by the "March 11" earthquake in Japan. Since then, the international discussion on the development path of nuclear power has never stopped, and the approval of nuclear power has also experienced ups and downs such as "stop", "slow down", "restart"
China only approved Jiangsu Tianwan nuclear power phase II project in December 2012, and no new projects were approved for more than two years. Until the end of 2015, the State Council executive meeting approved the Guangxi Fangchenggang Hongsha nuclear power phase II project, which included a total of four nuclear power units, with only one speed control mode, "hualong-1" third-generation nuclear power technology demonstration unit, and Jiangsu Lianyungang Tianwan nuclear power plant expansion project, but then it was in a "zero approval" state for more than three yearsThe latest China nuclear energy development report 2019 released on the forum shows that by the end of 2018, 454 units were in operation worldwide, with a total installed capacity of more than 400million kW. 54 nuclear power units are under construction, with a total installed capacity of 55.013 million KW. Among them, Chinese Mainland has 45 nuclear power units in operation, with an installed capacity of 45.9 million KW, ranking third in the world; 11 nuclear power units are under construction, with an installed capacity of 12.18 million KW, ranking first in the world
on March 18 this year, the Ministry of ecological environment announced the environmental impact report of Fujian Zhangzhou nuclear power plant units 1 and 2 (construction stage) and the environmental impact report of Guangdong taipingling nuclear power plant phase I Project (construction stage) accepted on that day. Two environmental impact assessment documents showed that Zhangzhou nuclear power unit 1 and taipingling nuclear power unit 1 were scheduled to start construction in June 2019
this was interpreted by the outside world as a clear signal for the opening of nuclear power, causing widespread concern in the market. On April 1, Liu Hua, Vice Minister of the Ministry of ecological environment and director of the national nuclear safety administration, confirmed that China would continue to develop nuclear power on the premise of ensuring safety. Nuclear power projects will start construction in succession this year
it is understood that the above-mentioned taipingling and Zhangzhou projects will adopt the independent third-generation nuclear power technology "hualong-1", which will also be the first batch of projects after the integration of the technologies of CNNC and CGN. According to Yu Jianfeng, chairman of the China Nuclear Energy Industry Association, China's independent third-generation nuclear power "Hualong 1" is progressing smoothly. The world's first Fuqing nuclear power unit 5 and 6, and the first overseas pakistan karachi K2 and K3 projects are expected to be completed and put into operation as planned or ahead of schedule. In the field of fourth generation nuclear power innovation, China has accelerated the implementation of major national science and technology projects for high temperature gas cooled reactors. The high temperature gas cooled reactor demonstration project has entered the final stage of installation and commissioning, and will be completed and put into operation in the first half of next year
breaking the "eight year cold" encountered "cost reduction"
the confirmation of the restart message has significantly boosted the nuclear power sector
in the morning of April 1, the fatigue test in the above news refers to the determination of metal materials by metal material test. After ⑴, the Wande nuclear power index directly increased from 2.49% to more than 5% in less than 10 minutes, and finally closed up to 4.97%. As of the close of the day, four nuclear power stocks, including wal nuclear materials, Taiwan Strait nuclear power, China nuclear technology and Lanshi heavy equipment, hit the daily limit, and no less than nine concept stocks, including China nuclear construction, China Guangdong nuclear technology and Jiadian, rose by more than 5%
Pacific Securities said that the uncertainty of nuclear power has depressed the industry valuation in recent years. As the situation becomes clearer, the sector valuation will gradually rise. At present, China's energy structure is facing low-carbon transformation. With the verification of the third generation technology, a new round of nuclear power development cycle is expected to come. If the construction of 10 units is started from 2019 to 2020, and the average investment of each unit is 20billion yuan, the direct investment will be about 200billion yuan
however, some insiders pointed out that EIA is only a small step in the approval of nuclear power, and there are a series of subsequent steps, the most important of which is to obtain the approval of the State Council. Only after this pass can we enter the construction stage. Moreover, the development of the nuclear power industry is highly tied to the policy environment. After the approval was restarted at the end of 2015, the industry was optimistic about the follow-up development, and the relevant departments also planned the commencement target, but the reality is zero approval in more than three years
Economic Information Daily noted that Liu Baohua, deputy director of the national energy administration, said in his speech at the forum that nuclear power should be moderately developed. He also pointed out that one of the challenges facing the current nuclear power industry is that with the improvement of nuclear safety requirements, the cost of nuclear power continues to rise. In the global environment of declining fossil energy prices and declining new energy costs, the future market space for nuclear power development will largely depend on the economic competitiveness of nuclear power. The nuclear power industry should enhance its awareness of cost and market, actively adapt to the requirements of power market-oriented reform, reduce costs, make up for weaknesses, improve the quality and efficiency of development, and grow in market competition
on April 1, the national development and Reform Commission released the trial electricity price for the first batch of third-generation nuclear power projects. The trial price of Guangdong Taishan phase I nuclear power project is 0.4350 yuan per kilowatt hour; The trial price of Zhejiang Sanmen phase I nuclear power project is 0.4203 yuan per kilowatt hour; The trial price of Shandong Haiyang phase I nuclear power project is 0.4151 yuan per kilowatt hour. The trial price is from the date of project production to the end of 2021
according to the current nuclear power price conditions, the electricity price of the first batch of AP1000 and EPR projects is about 0.50 yuan/kwh in the latest "Research on the economy and market competitiveness of China's third generation nuclear power" released by the China Nuclear Energy Industry Association. According to the analysis of the construction cost trend of hualong-1 and cap1000 in batches, according to the current nuclear power price conditions, the electricity price of the recent batch construction of "hualong-1" and cap1000 third-generation nuclear power will be about 0.43 yuan/kWh. In the long run, it is expected that the electricity price of the large-scale construction of the third-generation nuclear power project will be reduced to about 0.40 yuan/kWh
the study shows that the third generation nuclear power has become the main force of China's nuclear power construction, but it faces many changes in the operating environment. The annual utilization hours of nuclear power in some provinces are reduced, and the consumption of nuclear power is not guaranteed; As the benchmark electricity price of coal power is reduced, the electricity price of most nuclear power units is also declining, and the first projects of the third generation nuclear power will face greater operating pressure after they are put into operation; There are obviously unreasonable factors in linking the nuclear power price with the benchmark price of local coal power. The electricity price of some nuclear power bidding in some provinces and regions is inversely linked to the cost
under a series of pressures, strengthening cost control has become an inevitable requirement for nuclear power competitiveness, and it is also an issue that China's nuclear power must face in order to participate in global competition. In fact, relevant companies have been doing relevant work since 2018
the China Nuclear Energy Industry Association calls for fully ensuring and giving full play to the economy of the third generation nuclear power. First of all, it is necessary to ensure that the third generation nuclear power unit operates with full base load. Secondly, further improve the formation mechanism of the third generation nuclear power price. It is suggested that the current pricing method of nuclear power benchmark electricity price should be adjusted to unify nuclear power benchmark electricity price in the cross provincial regional electricity or nationwide, so as to promote the cross regional consumption of nuclear power in a wider range. In addition, scientifically grasp the pace of development of the nuclear power industry, improve the overall level of China's equipment manufacturing industry and engineering construction, effectively enhance the competitiveness of China's third-generation nuclear power, and will promote the implementation of the "going out" strategy of China's nuclear power industry
the industrial chain urgently needs to speed up the "short board"
complemented by "cost reduction", the industrial chain urgently needs to speed up the "short board". The China nuclear energy development report 2019 pointed out that in the past year, driven by the development of nuclear power, China's entire nuclear energy industry chain continued to maintain steady development. However, affected by the market environment at home and abroad, China's nuclear fuel industry, nuclear power equipment manufacturing, and nuclear power engineering construction are facing many challenges. Among them, the disposal capacity of radioactive waste in the later stage of the nuclear fuel cycle is insufficient, which urgently needs to be accelerated
Liu Baohua also combined the characteristics of the errors caused by the above two factors, which have a great impact on small loads. He said that it is necessary to vigorously develop clean energy, including nuclear power, and study and formulate a new round of medium and long-term development plan of nuclear power to promote the high-quality development of nuclear power. First of all, we should continue to improve the third-generation nuclear power technology and actively carry out the research and development demonstration of new generation nuclear power technology such as small reactor and fourth generation reactor. Secondly, we should consider the coordination and balance of the whole nuclear power industry chain as a whole, and form a capacity structure and layout suitable for the development of nuclear power in all links such as R & D and design, equipment manufacturing, fuel support, nuclear waste treatment and disposal
Zhang Jianhua, deputy director of the National Atomic Energy Agency, introduced that in terms of uranium resources and nuclear fuel supply, it is necessary to build a thousand ton demonstration "green mine" through the implementation of the strategy of large uranium mine base, so as to improve the domestic supply capacity of uranium resources. At the same time, China is actively planning to build a nuclear fuel industrial park in the coastal areas where nuclear power is relatively concentrated
in terms of spent fuel reprocessing, the Chinese government has set up a special scientific research project for spent fuel reprocessing. At present, the construction of spent fuel reprocessing capacity in China is progressing steadily according to the three-step plan of "pilot scale demonstration scale industrial scale"
in terms of radioactive waste management, what is your understanding of the current quarterly protection and maintenance of China's National Atomic universal data testing machine? What should relevant staff pay attention to? As a kind of high-tech testing equipment, the energy agency is organizing the preparation of the "plan for low and medium level radioactive solid waste disposal sites", which plans to build five disposal sites in areas with relatively concentrated nuclear power. At the same time, in order to solve the problem of safe disposal of high-level waste, China has made clear the three-step strategy of "site selection, underground experiment and disposal repository construction", and put forward the goal of eventually building a high-level waste disposal site by 2050. At present, China has completed the site selection work, and the first underground laboratory for geological disposal of high-level radioactive waste has been approved by the National Atomic Energy AgencyIn addition, with the development of society, nuclear technology plays an irreplaceable role in industry, agriculture, medical and other fields. According to preliminary statistics, nearly 150 countries and regions around the world have developed research and development of nuclear technology applications, with an industrialization scale of nearly trillion US dollars
in recent years, the annual growth rate of China's nuclear technology application has exceeded 20%, and the annual output value has reached hundreds of billions of yuan. "However, at this stage, the output value of China's nuclear technology application accounts for only about 0.4% of the gross national economic product, which is far lower than the level of 3% in nuclear developed countries, and the development potential is huge." Zhang Jianhua said that China will continue to expand the scale of nuclear technology application industry in the future. Focus on medical isotopes, radioactive diagnosis and treatment equipment, radiation mutation breeding