En Español



Very usefull links



PW
Bookstore





News links

AP

AFP

Aljazeera

Dow Jones

Oil price

Reuters

Bloomberg

Views and News
from
Norway

 

 

 

 

Argentina to start building a Chinese and a Canadian nuclear reactors in 2018

 

 

 

By Sylvia Westall

ABI DHABI
Petroleumworld 11 01 2017

Argentina plans to start building two new nuclear reactors next year, a government official said on Tuesday.

The South American country already generates about 5 percent of its electricity with three heavy water nuclear reactors, two German-built and one Canadian, with combined capacity of 1,600 megawatts (MW).

Argentina's Undersecretary of Nuclear Energy Julian Gadano told Reuters that besides extending the life of the Canadian-built 600 MW Candu Embalse reactor - which produced its first power in 1983 - the country plans to build two new reactors at a cost of about $13 billion over 10 years.

A new Candu reactor with capacity of 720 MW will be built by Canadian company SNC-Lavalin's Candu Energy unit and Argentina state nuclear company NASA. A second project is for a 1,150 MW Hualong One reactor to be built by China National Nuclear Corp (CNNC).

“We are finishing negotiation of the commercial and financial contracts to build two new power plants. We will begin to construct these plants in the second half of 2018,” Gadano told Reuters on the sidelines of a nuclear power conference in Abu Dhabi.

He added that the projects would be financed 85 percent by Chinese institutions and 15 percent by the Argentine treasury.

Gadano said that the Embalse upgrade started in January 2016 and the plant should be able to operate for 30 more years after the upgrade is completed in the second half of 2018.

Argentina is also developing its own small and modular reactor technology (SMR) and Gadano said its prototype 25 MW SMR is expected to be completed in 2018.

“We expect to have the basic engineering of the commercial model next year. Our intention is to be a player in the SMR market,” he said.

Several countries, including Britain and Russia, are developing SMRs as an alternative to the huge conventional pressurised water reactors that cost several billions of dollars and take years to build.



Story by Sylvia Westall; Writing by Geert De Clercq; Editing by David Goodman from Reuters.

reuters.com 10 31 2017

We invite all our readers to share with us
their views and comments about this article.
Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels

Nov 13-14 ;
Mexico City, Mexico

 

 

 

 

TOP

Contact: editor@petroleumworld.com,

Editor & Publisher:Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2016, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2017, Petroleumworld ™  / Elio Ohep - All rights reservedThis site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.