Wednesday, 23 June 2010

Vietnam to build 13 nuclear reactors by 2030

Vietnam’s government has announced that it plans to build 13 nuclear reactors, with combined capacity of 15GW, by 2030. Once the reactors are completed, the nuclear power will account for ten per cent of the country's total generation capacity, said the government, citing a development plan approved by Prime Minister Nguyen Tan Dung.

The need for development of nuclear powered generating capacity is a direct result of an increasingly ferocious demand for electricity, in a country which has one of Asia's fastest economic growth rates.

The plan is for the first reactor, with a capacity of 1,000 MW, to be fully operational by 2020 and the second by 2021. The reactors will be built in eight locations in Ninh Thuan, Binh Dinh, Phu Yen, Ha Tinh and Quang Ngai provinces, with 30-40 per cent of the construction work to be carried out by domestic companies.

The first plant in Ninh Thuan province is expected to cost around US$8 billion, and construction, which will begin in 2014, will use Russian light water reactor technology.

Source: Wall Street Journal

For more news and expert analysis about Vietnam please see Vietnam Focus.

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