China joins UK nuclear energy development for Hinkley Point Project
Source: www.chinamining.org Citation: CGTN Date: May 03, 2017
In the remote countryside of southwest Britain, construction has started on the first permanent structures at the 25-billion-U.S.-dollar Hinkley Point nuclear power station. Financed jointly by the Chinese and the French, it`s a significant step towards building the UK`s first new nuclear power plant in nearly three decades.
As CGTN`s Richard Bestic reports, three million cubic meters of earth have been moved for the project, about half of the final amount. And the first concrete has been poured, a significant moment of permanency.
It`s taken years getting to this point, a remarkable joint venture involving the governments of the UK, China and France. For such a gargantuan project, it needs its own jetty for building materials shipped by sea.
Running at full capacity, the reactor will provide around seven per cent of Britain`s energy needs - British consumers controversially repaying the initial cash outlay in higher energy costs.
For the governments of Britain and China, Hinkley Point could act as a possible trigger for a further eight nuclear power stations, some entirely paid for and built by China. This could prove to be not just a renaissance for the nuclear power industry here, but also for longer-term Sino-UK industrial links.
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Congress and Expo 2017 will be held at Meijiang Convention and Exhibition Center in Tianjin in September 23-25, 2017. We invite you to join the event and to celebrate the 19th anniversary of CHINA MINING with us. For more information about CHINA MINING 2017, please visit: m.balanzskin.com.
