[In 2015 China contributed eight out of the ten reactor
startups—resulting in a total of 31 operating units—and six of the
seven new building sites in the world. The other startups were in
South Korea and Russia (after 31 years of construction), while outside
China only one new-build project was launched, at Barakah in the
United Arab Emirates. Of the 62 nuclear power plants with a combined
capacity of 60 gigawatts now under construction in 14 countries, 24
units (24 gigawatts of capacity) are located in China. The world total
is down 8 percent from a 25-year-high of 67 reactors in various
building stages in 2013.
...
In 2009, China launched the construction of seven of the nine units in
the world and in 2010, ten out of 15. Since the Fukushima disaster
started unfolding in 2011, the number of construction starts globally
plunged to three in 2014. Even in China construction starts slowed and
over the five years 2011—2015 only 13 new projects were started, just
three more than in 2010 alone. In 2015, the Chinese government granted
permission for the building of eight reactors, however, it remains to
be seen, whether China can maintain such a high expansion speed and
thus remain the exception to the global trend.]

http://www.worldnuclearreport.org/UPDATE1-World-Nuclear-Industry-Status-as-of-1-January-2016-Mind-the-China.html

UPDATE1: World Nuclear Industry Status as of 1 January 2016: Mind the
China Effect
Monday 4 January 2016

Paris. 4 January 2016—UPDATE 5 January 2016 In 2015, a total of ten
new nuclear reactors were connected to the world’s grids, more than in
any year since 1990. Two reactors were closed, Grafenrheinfeld in
Germany and Wylfa in the United Kingdom. As of 1 January 2016, a total
of 398 reactors—eight more than a year ago, but 40 less than in
2002—were operating in 31 countries. Two reactors, Sendai-1 and -2,
were restarted in Japan, the first since the country was shaken by the
triple disaster earthquake-tsunami-radioactive fallout on the coast
line of Fukushima in 2011. Most of the Japanese reactors, 38 units,
remain in Long-Term Outage (LTO). An additional reactor in Belgium,
Doel-1, was restarted after the Belgian nuclear phase-out legislation
was amended in order to extend the lifetimes of Doel units 1 and 2 by
ten years. However, the decision does not affect the legal date for
nuclear phase-out completion in 2025.

Whereas the nuclear industry’s situation in the rest of the world
continued to deteriorate developments in China bucked this trend and
distort the global picture. ***In 2015 China contributed eight out of
the ten reactor startups—resulting in a total of 31 operating
units—and six of the seven new building sites in the world. The other
startups were in South Korea and Russia (after 31 years of
construction), while outside China only one new-build project was
launched, at Barakah in the United Arab Emirates. Of the 62 nuclear
power plants with a combined capacity of 60 gigawatts now under
construction in 14 countries, 24 units (24 gigawatts of capacity) are
located in China. The world total is down 8 percent from a
25-year-high of 67 reactors in various building stages in 2013.***
[Emphasis added.]

***In 2009, China launched the construction of seven of the nine units
in the world and in 2010, ten out of 15. Since the Fukushima disaster
started unfolding in 2011, the number of construction starts globally
plunged to three in 2014. Even in China construction starts slowed and
over the five years 2011—2015 only 13 new projects were started, just
three more than in 2010 alone. In 2015, the Chinese government granted
permission for the building of eight reactors, however, it remains to
be seen, whether China can maintain such a high expansion speed and
thus remain the exception to the global trend.*** [Emphasis added.]

[Graph]

The Paris Agreement on climate change did not provide the push for
nuclear power the industry had hoped and intensely worked for. The
term “nuclear” does not even appear in the 32-page Agreement. While
nuclear builders and the traditional utilities continue to struggle
with the rapidly changing energy sector environment. The French
state-controlled AREVA, having announced an outlook of a further
“heavy loss” in 2015, was downgraded by credit-rating agency Standard
& Poor’s to B+ (“highly speculative”). On 29 December 2015, the
company plunged to a new historic low on the stock market (€5.30
compared to €72.50 eight years ago). On 7 December 2015, Euronext
ejected the French heavy weight Électricité de France (EDF), largest
nuclear utility in the world and “pillar of the Paris Stock Exchange”,
from France’s key stock market index, known as CAC40. One day later,
EDF shares lost another four percent of their value, which led to a
new low, a drop of over 85 percent from its 2007 level. Two days
later, the trade union representatives at the Central Enterprise
Committee of EDF—unanimously and for the first time—launched an
official “economic alert procedure” considering the “seriousness of
the situation”.
The French nuclear industry’s international competitors are not doing
much better. AREVA’s Russian counterpart Atomenergoprom as well as the
Japanese controlled Toshiba-Westinghouse were both downgraded to
“junk” (“speculative”) by credit-rating agencies during the year. The
Chinese utility China General Nuclear Power Corporation (CGN), listed
on the Hong Kong stock exchange, lost 45 percent of its stock value
since June 2015, more than EDF in the same timeframe (—35 percent).
Both companies cooperate on the Taishan project that comprises of two
European Pressurized Water Reactors (EPRs) which is now more than two
years behind schedule. This is still significantly better than the two
other EPRs under construction in Europe, where Olkiluoto-3 in Finland
is nine years behind schedule and the startup of the Flamanville-3
unit in France has been delayed by at least six years. EDF had claimed
in January 2015 that Taishan-1 would be commissioned “by the end of
the year”, which did not happen. However, the construction schedule
might slip further following the discovery of serious fabrication
flaws in the forgings of the Flamanville EPR pressure vessel head and
bottom, made public by the French Nuclear Safety authorities in April
2015. No final decision on the safety case is expected before the end
of 2016. The equivalent parts of the Taishan EPRs, forged in the same
French AREVA facility are likely to have identical flaws. It remains
to be seen how the Chinese safety authorities will deal with the
issue. Their attitude will be closely monitored by international
observers as China embarks on a strategy of exporting its nuclear
technology to other countries.
Note: Other overviews of nuclear developments in 2015 (for example by
World Nuclear News) or the International Atomic Energy Agency (IAEA)
indicate 8 units shut down over the year. However, six of these
reactors (Mihama-1 and -2, Tsuruga-1, Shimane-1, Genkai-1 in Japan and
Oskarshamn-2 in Sweden) have not generated any electricity in 2015,
and were thus closed before. WNISR defines startup as grid connection
and shutdown as final grid disconnection. The WNISR statistics are
therefore modified retroactively to the date of latest power
generation once the decision for a final closure has been taken.

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Peace Is Doable

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