China : 60 GW of Nuclear by 2020

China is aiming high for nuclear power. From a current 9 GW of nuclear, China aims to produce 60 GW by the year 2020 -- a mere 11 years away.

China this week started the construction of the Yangjiang nuclear power plant in Guangdong province with an investment of 70 billion yuan.

The plant will have six 1,000-megawatt (MW) units with the first unit to begin operation in 2013.

Last month, the construction of a 100-billion-yuan nuclear power plant was kicked off in Fujian province.

The plant is designed to have six reactors each with a capacity of 1,000 MW and the first two reactors will become operational in 2013 and 2014.

The NDRC said in November that in order to boost domestic demand, construction of a series of large energy projects was due to start this year.

They include three nuclear power plants with a total of 101,000-MW reactors, including the plants in Fujian and Guangdong and another one in Zhejiang.

China's nuclear sector will continue to see accelerated development in the future, and is not affected by the ongoing financial crisis, Yu Jianfeng, vice-general manager of China National Nuclear Corp, said in November.

"With the development of such rapid pace, nuclear power capacity will exceed 60 GW with no doubt," said Fu Manchang, president of State Nuclear Power Automation System Co. _ChinaDaily

By pursuing all forms of energy despite economic slowdowns, China is taking the wiser course in preparing for a more prosperous future. It is better for China to invest in its own capacity to grow and produce, than to continue to invest its earnings in overseas economies such as the US, which have fallen under the control of neo-fascist promoters of government control and ownership of the economy.

Using the full spectrum of nuclear fuels that will be available, China's fission plants should be well powered for centuries. Within that time span, other more abundant and more sustainable methods of power production will certainly be developed.

The collapse of the Chinese empire into competing smaller nation-fragments appears inevitable in the long run. But in the short run, the CCP appears to have things well in hand. Of course, that's what Barney Frank and Maxine Waters said about Fannie Mae a few years ago.