Nuclear Facts
Canada is the world’s largest producer of natural uranium providing about 21 per cent of total world production from Saskatchewan alone in 2008.
IN JANUARY 2003, ATOMIC ENERGY OF CANADA LIMITED (AECL) COMPLETED THE CONSTRUCTION OF ONE OF TWO 728 MEGAWATT CANDU REACTORS AT QINSHAN IN EASTERN CHINA APPROXIMATELY 125 KM SOUTH OF SHANGHAI.
The two CANDU units are the first built in China and were delivered four months ahead of schedule and under budget. The project holds the record for the shortest construction schedule ever accomplished for a nuclear power plant in China.
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The first of two nuclear reactor cores is shipped from its Canadian manufacturing site at Tracy, Quebec on
its journey to a new reactor in China. |
Total capital and construction cost of the project is $4 billion, of which Canada provided $1.5 billion in an interest-bearing loan to China.
Facts and figures:
China’s need for electricity
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Shown above are the two CANDU reactors at Qinshan, China under construction. Both reactors were placed in service in 2003. |
China has a large demand for new sources of electricity. Currently, each Chinese citizen has access to about 5% of the electricity available per capita in any modern industrial nation. As a result, growth of China's electricity system is expected to be much larger than its already robust economic growth for many decades to come. Qinshan will thus provide China with an additional source of clean, low-cost, reliable electricity.
New generating stations are urgently needed in China, as it has a fast-growing demand for electricity.
Environmental impacts
China has large reserves of soft, or brown, coal which is being used
to generate electricity but with serious environmental consequences.
If the electricity to be generated by the two CANDU units at Qinshan
were generated by coal, about 9 million tonnes of carbon dioxide and
tens of thousands of tonnes of sulphur and nitrous oxides would be
emitted each year. In addition, CANDU 6 reactors produce only about
3.3 cubic metres of used nuclear fuel waste each year; waste material
that is completely contained and stored to prevent release to the
environment.
Jobs for Canadians
The CANDU project at Qinshan resulted in the creation of 27,000 person-years of work for Canadians through the Chinese purchase of
goods and services from more than 100 Canadian private-sector companies.
This includes 9700 person-years of work for Atomic Energy of
Canada Limited. Finally, the provision of the $1.5-billion loan is being
repaid at an interest rate of 7.49%, meaning that Canada will profit
from providing financing as well as through direct employment.