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Title: 'Made in China' nuclear reactors a tough sell in global market
Source: Yahoo!/Reuters
URL Source: http://news.yahoo.com/made-china-nu ... -market-071036971--sector.html
Published: Mar 6, 2015
Author: Charlie Zhu and David Stanway
Post Date: 2015-03-06 09:01:55 by Willie Green
Keywords: None
Views: 2183
Comments: 22

HONG KONG/BEIJING (Reuters) - As China signs global deals to export its nuclear power technology, it faces a huge obstacle: it still needs to show it can build and safely operate these reactors at home.

Aided by foreign technology acquired during three decades of development, China has the highest number of reactors being built and ambitions to export its home-grown models to an overseas market worth hundreds of billions of dollars.

Premier Li Keqiang told an annual parliamentary meeting this week that the China aimed to increase its share of global sales in a range of advanced industries, including implementing major projects in nuclear power.

And in a sign of progress on exporting its own nuclear technology, China signed a preliminary agreement last month to sell its flagship Hualong 1 reactor to Argentina.

But despite state media describing the deal as the model's "maiden voyage", China has not yet built Hualong 1, raising questions about the country's capacity to deliver reactors for the global market.

"Our fatal weakness is our management standards are not high enough. There is a big gap with international standards," said Xu Lianyi, a senior expert at China's State Nuclear Power Technology Corp (SNPTC), referring to the challenges China faces expanding its nuclear power sector.

SNPTC, which was set up to receive technology transferred from Westinghouse Electric Co., is trying to develop another reactor ultimately targeted at the world market.

Although China has operated Western-designed reactors at home for more than 20 years, it will need to convince buyers of the reliability of its own technology, particularly given a checkered reputation on industrial standards and safety in some other areas such as mining.

China's first Hualong 1 project, in Fujian province, may not be completed until 2020, assuming it breaks ground this year and construction goes smoothly, said Li Ning, dean of the School of Energy Research at Xiamen University.

TECHNOLOGICAL PROBLEMS

China has been slow to approve new nuclear projects after a year-long safety review following Japan's Fukushima disaster in 2011.

Beijing has promised to stick to the highest safety standards, using so-called "third generation" reactors like Hualong 1 and CAP1400, another home-grown model identified for future export.

Due to be based on technology transferred from Westinghouse, the launch of CAP1400 will depend on the completion of a pilot Westinghouse third-generation reactor in Zhejiang province, which is facing a three-year delay because of technological problems.

Reflecting the obstacles of breaking into a market dominated by the likes of France's Areva and Russia's Rosatom State Nuclear Energy Corp., Beijing is encouraging consolidation to cut internal rivalry and pool intellectual property and financial resources.

Plans for a merger between SNPTC and state-run electricity producer China Power Investment were unveiled on Feb. 3, potentially creating a firm with total assets of more than 600 billion yuan ($96 billion), industry experts estimate.

The strategy is similar to one used in the high-speed rail sector. By adapting foreign technology for a huge home network, China's trainmakers are now emerging as global competitors for Siemens, Alstom and Bombardier.

Under a hotly-fought multibillion-dollar nuclear power deal struck with Pittsburgh-based Westinghouse, China secured a significant technology transfer agreement in 2007.

China has been absorbing and localizing the technology to develop the CAP1400 and says it has full intellectual property rights on the model and Hualong 1.

The Beijing office of Westinghouse, which is now controlled by Japan's Toshiba Corp, did not immediately respond to requests for comment.

While technology rights may not stoke tensions, Beijing's pledge to aid the overseas expansion of Chinese firms risks raising the hackles of competitors if sectors like nuclear are deemed unfairly subsidized.

A fax sent to China's National Development and Reform Commission seeking comment on the country's nuclear strategy was not responded to.

CONFIDENCE

Along with Argentina, progress was being made on potential nuclear deals with Turkey and South Africa, said Wang Zhongtang, chief engineer at SNPTC.

But an official at the China National Nuclear Corporation, which is leading efforts to export Hualong 1 to Argentina, said China still has "huge amounts of work to do" before it can become a nuclear powerhouse, including rolling out Hualong I at home. The official declined to be named because he was not authorized to speak to the media.

With 22 reactors in operation, and a further 26 under construction, China aims to raise its total domestic nuclear power capacity to 58 gigawatts (GW) by 2020, up from 20.3 GW at the end of last year, in a program estimated to cost $100 billion. Nuclear capacity would still only meet 3 percent of total electricity needs by 2020.

The China representative of the World Nuclear Association, an industry body, said China needed to show it had operational experience, particularly in a foreign environment to sell its new designs abroad.

"It is a question of confidence from outside of China," said Francois Morin.


Poster Comment:

Under a hotly-fought multibillion-dollar nuclear power deal struck with Pittsburgh-based Westinghouse, China secured a significant technology transfer agreement in 2007.

Jorge Arbusto betrayed our nation and enabled China's future as the world's only nuclear superpower.

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#1. To: Willie Green, Vicomte13 (#0) (Edited)

Jorge Arbusto betrayed our nation and enabled China's future as the world's only nuclear superpower.

An unwarranted and even ridiculous conclusion.

USAtoday: French nuclear industry in turmoil as manufacturer buckles

PARIS (AP) — France's nuclear industry is in turmoil after the country's main reactor manufacturer, Areva, reported a loss for 2014 of 4.8 billion euros ($5.3 billion) — more than its entire market value.

The government of France, the world's most nuclear dependent country, has a 29% stake in Areva, which is among the biggest global nuclear technology companies. The loss puts its future — and that of France as a leader in nuclear technology — at risk.

They also lost a big joint deal with Siemens a while back.

And France certainly has a better track record for producing reactors than China does, even discounting the problems of the silly Frog aircraft carrier that poses a known radiation hazard to its own crews.

Tooconservative  posted on  2015-03-06   10:13:27 ET  Reply   Trace   Private Reply  


#2. To: Willie Green (#0) (Edited)

'Made in China' nuclear reactors a tough sell

Gee,I wonder why?

After all,Chinese products have such a well-know reputation for quality.

Aided by foreign technology acquired during three decades of development,

Is that Chinaman talk for "buying technology from the Clintons"?

Don't forget,it was Bubba Bill and his lovely bride that gave them the keys to the house,and even sold them nuclear submarine technology.

Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)

sneakypete  posted on  2015-03-06   23:55:48 ET  Reply   Trace   Private Reply  


#3. To: Willie Green (#0)

Jorge Arbusto betrayed our nation and enabled China's future as the world's only nuclear superpower.

Not really. That was King Jorge 1/AKA "Poppy" that went into partnership with the Chinese and Bill Clinton and started selling the Chinese anything they wanted,from classified computer software that would allow them to build "silent screws" for their nuclear submarines,to the nuclear reactors that power the subs.

Don't forget,Bubbette! had a seat on the board of Wal-Mart while Bubba Bill was the governor of Arkansas,and that's how Wal-Mart got all those Chinese contracts and turned into the huge company it is today. Bubbette! was the baglady that was "out of politics" that handled the money.

Boy Jorge,the "brother by another mother" of Bill Clinton merely followed in Poppy's hoofsteps.

Clinton cut the deals,and the money was laundered through the Bush Crime Family via "Uncle Preston",who was the president of the Chinese American Chamber of Commerce.

Now that "Uncle Preston" has died,his job as chief money launderer was taken over by Neil "I doan no nuttin bout no loans" Bush.

Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)

sneakypete  posted on  2015-03-07   0:11:36 ET  Reply   Trace   Private Reply  


#4. To: sneakypete (#3) (Edited)

from classified computer software that would allow them to build "silent screws" for their nuclear submarines

I think that was the Soviets and happened under Reagan or Bush. It turned out later that we deliberately let them steal really bad software from us. I recall we let them steal other software to control natural gas pipeline controller equipment too, leading to one of the biggest explosions at a pipeline convergence installation ever.

We do dangle bad info to our enemies, trying to get them to follow false leads in technology or to use bad tools to cripple themselves.

America and Israel developed the Stuxnet malware to spread to the controllers for the Iranian centrifuges which caused them to operate out of spec to destroy themselves, setting the Iranian nuclear program back years and making them distrust even more of the needed equipment they tried to acquire from the West.

Tooconservative  posted on  2015-03-07   2:18:03 ET  Reply   Trace   Private Reply  


#5. To: TooConservative (#4)

I think that was the Soviets and happened under Reagan or Bush.

Nope. IIRC,the Soviets STOLE some sub technology while Poppy was president,but it was Bubba that sold it to the Chinese under some sort of trade agreement. I can't remember right at this moment every detail,but IIRC,the sale included the computers as well as the software.

And of course the Bush Crime Family got their cut as the money launderers using the system set up by Poppy when he was Ambassador to China,and had his uncle set up the Chinese-American Chamber of Commerce. This means that Bush Crime Family got to dip their beaks into virtually every business deal involving America and China. Including the Wal-Mart import deals that began while Bubbette! had a seat on the Wal-Mart board. She didn't get that seat because of her vast business experience which totaled "none at all". She got it because she was the Clinton Crime Family bag lady.

All this is why the Bush and the Clinton Crime Families are so close.

We do dangle bad info to our enemies, trying to get them to follow false leads in technology or to use bad tools to cripple themselves.

Yup. Good for us. We didn't do this in China,though. Any and all industrial accidents that happened in China were due to poor engineering and faulty materials.

Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)

sneakypete  posted on  2015-03-07   6:12:42 ET  Reply   Trace   Private Reply  


#6. To: sneakypete (#3)

Not really. That was King Jorge 1/AKA "Poppy" that went into partnership with the Chinese

I'm aware of Poppy's traitorous relationship to the Chicom's, pete.

I was referring more specifically to what I had highlighted in red: the agreement to transfer nuclear technology that occurred in 2007 when the Dumb One occupied the Oval Orifice.

Willie Green  posted on  2015-03-07   8:09:31 ET  Reply   Trace   Private Reply  


#7. To: sneakypete (#5)

Including the Wal-Mart import deals that began while Bubbette! had a seat on the Wal-Mart board. She didn't get that seat because of her vast business experience which totaled "none at all". She got it because she was the Clinton Crime Family bag lady.

The monied class likes to demonstrate to the political class to do as they desire and the rewards can run into the millions. Also, admission to the top Ivy League colleges for your offspring, etc.

You see this regularly. Rahm Emmanuel left as WH chief of staff and had a seat on the board of some big investment bank. His training as a ballet dancer must have been useful. He became a made man, to use mob terms.

Petraeus is raking in millions at an investment bank. While he might have valuable experience and knowledge as a top general and CIA head, you can't argue that those are normally a banking qualification.

"Do as we wish and you and your children will be part of the 1% for life."

Recall how Junior, an alcoholic and failed Texas oilman, suddenly got a sports team and a town had its taxes raised sharply to build him a stadium. He sold that for $15M before he entered the WH.

A few years ago, Jeb Bush started, as I recall at the moment, 3 different offshore investment funds that the Saudis and other cash-rich mogul types plowed $160 million into. He was never considered any investment whiz before this. He does, however, get 5% of everything invested. IOW, he got $7M even if he lost every penny they invested. Of course, hiring a few mediocre traders off Wall Street to handle it means he could probably break even any year and make at least 5% profit in good years (and we are in good years for the tycoon/investor class).

You suggest the Indonesians or the Chinese bought the Xlintons and I do grasp why you think so. I think the indicators are far stronger that American (or US-affiliated) tycoons are buying them all up, making them part of the 1%.

After they get over being nouveau riche, they quickly come to represent the policies of the 1% because, of course, they are the 1%. Like the Xlintons are, like the Bushes are.

Tooconservative  posted on  2015-03-07   8:15:39 ET  Reply   Trace   Private Reply  


#8. To: Willie Green, sneakypete (#6)

I was referring more specifically to what I had highlighted in red: the agreement to transfer nuclear technology that occurred in 2007 when the Dumb One occupied the Oval Orifice.

The United States has had agreements to implement the old Atoms For Peace program that dates back to the early post-WW II period.

Atoms for Peace created the ideological background for the creation of the International Atomic Energy Agency and the Treaty on the Non-Proliferation of Nuclear Weapons, but also gave political cover for the U.S. nuclear weapons build-up, and the backdrop to the Cold War arms race. Under Atoms for Peace related programmes the U.S. exported over 25 tons of highly enriched uranium (HEU) to 30 countries, mostly to fuel research reactors, which is now regarded as a proliferation and terrorism risk. The Soviet Union also exported over 11 tons of HEU under a similar programme.
Pakistan and Iran both received their first research reactors and some highly enriched uranium under this program.

Even Afghanistan was part of Atoms For Peace.

Tooconservative  posted on  2015-03-07   8:20:59 ET  (1 image) Reply   Trace   Private Reply  


#9. To: Willie Green (#0)

Although China has operated Western-designed reactors at home for more than 20 years, it will need to convince buyers of the reliability of its own technology, particularly given a checkered reputation on industrial standards and safety...

This, from the same people who demonstrate a complete and utter disregard for human life.

Does ANY one doubt that ChiCom nuclear reactors are booby-trapped?

Willie, would you ride a ChiCom manufactured train with any measure of confidence?

Liberator  posted on  2015-03-07   9:50:29 ET  Reply   Trace   Private Reply  


#10. To: sneakypete (#5) (Edited)

It was Bubba that sold it to the Chinese under some sort of trade agreement. I can't remember right at this moment every detail,but IIRC,the sale included the computers as well as the software.

Wasn't that about Bubba's campaign contributions?? Both he and AlGore got cozy with ChiCom bagmen.

of course the Bush Crime Family got their cut as the money launderers using the system set up by Poppy when he was Ambassador to China,and had his uncle set up the Chinese-American Chamber of Commerce. This means that Bush Crime Family got to dip their beaks into virtually every business deal involving America and China. Including the Wal-Mart import deals that began while Bubbette! had a seat on the Wal-Mart board. She didn't get that seat because of her vast business experience which totaled "none at all". She got it because she was the Clinton Crime Family bag lady.

All this is why the Bush and the Clinton Crime Families are so close.

Nailed it to the wall, Pete.

And let's not forget the Arbusto's strong financial connection to the Saudis.

Liberator  posted on  2015-03-07   9:53:09 ET  Reply   Trace   Private Reply  


#11. To: TooConservative (#8)

"Atoms For Peace"

Like it. Almost as catchy as "Religion of Peace."

Liberator  posted on  2015-03-07   9:55:45 ET  Reply   Trace   Private Reply  


#12. To: Liberator (#9)

Willie, would you ride a ChiCom manufactured train with any measure of confidence?

I think the Maglev technology they stole from Transrapid would be relatively safe. It's elevated guideway is a dedicated right-of-way that completely avoids potential for collision with other vehicles. And the wrap-around design of the maglev vehicles prevents them from flying off the track if anything does go wrong.

I don't think I'm being a naive pollyanna about this, just because I like choo-choo trains. Quite the opposite... I'm a cynical old fart and a firm believer in Murphy's Law. I would NEVER sit atop a ChiCom rocket for a tourist trip to the International Space Station. As an engineer, I'm still fascinated by space age technology... but I'm not so stupid to risk blowing my butt to kingdom come by sitting on top of a giant chinese firecracker. LOL!

Willie Green  posted on  2015-03-07   10:31:21 ET  (1 image) Reply   Trace   Private Reply  


#13. To: All (#12)

I would NEVER sit atop a ChiCom rocket for a tourist trip to the International Space Station.

Well the truth is... I'd never sit on top a rocket that ANYBODY built.
Mr Murphy turns too many of them into firecrackers, even if it's only 1-in-a-1000 or 1-in-100,000... I'm more than happy to watch someone else blast off into space from a safe distance right here on the earth's surface where the Good Lord's gravity intends me to be.

Willie Green  posted on  2015-03-07   10:42:47 ET  Reply   Trace   Private Reply  


#14. To: Willie Green (#12)

I think the Maglev technology they stole from Transrapid would be relatively safe.

Not inspiring much confidence in me IF I were traveling on a ChiCom manufactured track and system -- even IF it were based on reliable technology. (The ChiComs have a nagging habit of cutting every corner known to man.)

I don't think I'm being a naive pollyanna about this, just because I like choo-choo trains. Quite the opposite... I'm a cynical old fart and a firm believer in Murphy's Law. I would NEVER sit atop a ChiCom rocket for a tourist trip to the International Space Station. As an engineer, I'm still fascinated by space age technology... but I'm not so stupid to risk blowing my butt to kingdom come by sitting on top of a giant chinese firecracker. LOL!

HEH! @"sitting on top of a giant Chinese firecracker." That'll clear the sinuses.

I realize you're practical and appreciate technology. It's just that were the Germans or French were building nuke reactors (or train systems), the confidence level would be appreciably elevated. "Murphy's Law" applies to ALL ChiCom stuff, doesn't it?

Liberator  posted on  2015-03-07   10:49:28 ET  Reply   Trace   Private Reply  


#15. To: TooConservative (#7)

You suggest the Indonesians or the Chinese bought the Xlintons and I do grasp why you think so. I think the indicators are far stronger that American (or US-affiliated) tycoons are buying them all up, making them part of the 1%.

In truth I don't think neither the Clinton's or the Bushes can be bought.

They CAN be rented,though.

Not to say they didn't and won't sell America to the highest bidder,because they have in the past and still are every chance they get. Their only real loyalty is to themselves.

Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)

sneakypete  posted on  2015-03-07   11:46:53 ET  Reply   Trace   Private Reply  


#16. To: TooConservative (#8)

The United States has had agreements to implement the old Atoms For Peace program that dates back to the early post-WW II period.

Thanks for the info. I had never even heard of that organization before.

Started by the commies in King Roosevelt's cabinet?

Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)

sneakypete  posted on  2015-03-07   11:48:35 ET  Reply   Trace   Private Reply  


#17. To: Liberator (#10)

And let's not forget the Arbusto's strong financial connection to the Saudis.

Well,the Sauds don't own them outright,but they do pimp them out to the highest bidders on occasion.

Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)

sneakypete  posted on  2015-03-07   11:50:22 ET  Reply   Trace   Private Reply  


#18. To: Willie Green (#12)

I think the Maglev technology they stole from Transrapid would be relatively safe.

You might want to think that one over again,Willie. The tracks and every other part will be made in China out of Chinese steel.

Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)

sneakypete  posted on  2015-03-07   11:52:02 ET  Reply   Trace   Private Reply  


#19. To: sneakypete (#16) (Edited)

Started by the commies in King Roosevelt's cabinet?

Nope, it's based on a famous speech by Ike, given at the U.N. in 1953. At the time, probably more famous than his departing speech about the dangers of an unrestrained military-industrial complex.

The link I posted gives more info.

Tooconservative  posted on  2015-03-07   11:52:46 ET  Reply   Trace   Private Reply  


#20. To: TooConservative, sneakypete (#19)

The link I posted gives more info.

self-ping for later reading.

Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)

sneakypete  posted on  2015-03-07   11:58:47 ET  Reply   Trace   Private Reply  


#21. To: Liberator (#14)

(The ChiComs have a nagging habit of cutting every corner known to man.)

Well yeah... that's why I used the modifier "relatively." For instance, I'd also choose a Chicom Maglev before I'd board one of their passenger jets.

But then again, the way Wall Street has betrayed, attacked, ransacked & crippled our own manufacturing sector, I don't have as much confidence in "Made in America" as much as I once did either. The rich get richer by making the other 99% live in squalor.

Willie Green  posted on  2015-03-07   12:11:03 ET  Reply   Trace   Private Reply  


#22. To: sneakypete (#18)

The tracks and every other part will be made in China out of Chinese steel.

Well yeah, Transrapid is German technology and I'd certainly prefer German steel over Chinese...
But it's all relative & depends on what you compare it to...

I think the German Maglev is better than the Chicom Maglev...
But I also think the Chicom Maglev is better than a Chicom passenger jet.

Willie Green  posted on  2015-03-07   12:21:38 ET  Reply   Trace   Private Reply  


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