A groundbreaking financing event for the inaugural phase of the Xuwei nuclear power facility took place recently, as reported by the China National Nuclear Corporation (CNNC). Located in Lianyungang, Jiangsu Province, this advanced plant aims to deliver both industrial heating and electricity through an innovative combination of high-temperature gas-cooled reactors and pressurized water reactors. This strategic project not only represents a significant step towards diversifying China’s energy portfolio but also showcases cutting-edge nuclear technology.
The kick-off meeting on 26 March featured a comprehensive update on the development progress and current status provided by CNNC Suneng Nuclear Power Company. As the owner of the Xuwei project, this subsidiary is tasked with overseeing investment, construction, and operational management. Key stakeholders from various financial institutions attended the event, including representatives from major banks such as China Development Bank, Industrial and Commercial Bank of China, and others. These entities expressed their commitment to offering steadfast financial support and premium services to ensure the project’s success.
Among the 11 reactors approved by China’s State Council last August, Xuwei Phase I stands out with its ambitious plan to construct two Hualong One units of 1208 MWe (net) capacity each and one 660 MWe high-temperature gas-cooled reactor (HTGR) unit. The inclusion of a steam heat exchange station marks a first-of-its-kind operation mode where heat is converted into electricity efficiently. Positioned near the existing Tianwan plant, the facility will utilize demineralized water heated by primary steam from the Hualong One units to generate saturated steam. Subsequently, the HTGR's primary steam will enhance the temperature of this saturated steam for secondary heating.
Once fully operational, the Xuwei plant promises substantial benefits. It is expected to annually supply 32.5 million tonnes of industrial steam while generating over 11.5 billion kilowatt-hours of electricity. This translates to reducing standard coal usage by 7.26 million tonnes and cutting carbon dioxide emissions by 19.6 million tonnes per year. Such advancements align perfectly with CNNC's mission to revolutionize China's energy structure and promote the commercialization of fourth-generation nuclear power technology.
Inclusion in the national plan followed by rigorous safety assessments highlights the significance of this initiative. With preparatory work progressing steadily at the site, all eyes are now set on transforming this vision into reality. The Xuwei nuclear power project exemplifies a pivotal moment in advancing sustainable energy solutions while fostering technological innovation.