Elaine Kurtenbach: China races to expand nuclear power industry

From AP:

The shadows of Chernobyl and Three Mile Island no longer reach to the pine-crested hillsides of Hangzhou Bay, where China is rushing to expand a power station to meet soaring demand for electricity for its economic boom.

Driven by crushing fuel shortages, smog and ambitions to profit from its hard-won nuclear prowess, Beijing has embarked on a quest to more than double its nuclear power generating capacity by 2020.

The push for more nuclear power means opportunities for U.S., French and Russian technology suppliers that are competing for up to $8 billion in contracts for two new nuclear power plants – the biggest deals in years for the industry.

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