US lags far behind China in nuclear power, report says | Nuclear energy

The United States is 10 to 15 years behind China in deploying next-generation reactors, according to a research institute.

The United States is far behind China in nuclear power, with the world's largest economy 10 to 15 years behind the Asian giant in deploying next-generation reactors, according to a report.

China has 27 nuclear reactors under development, with an average reactor taking seven years to come online much faster than in most other countries, the Information Technology and Innovation Foundation said in a report released on Sunday.

Between 2008 and 2023, China's share of nuclear patents increased from 1.3% to 13.4% and the country now leads in the number of nuclear fusion patent applications, the Institute of Technology said. research based in Washington.

Beijing's rapid rise in this area is due to a coherent national strategy to develop nuclear power, including low-interest financing, feed-in tariffs and simplified regulatory approval, the institute said.

The Chinese government has placed considerable priority on building domestic nuclear reactors as part of Beijing's broader energy strategy, the report said.

In the future, China appears likely to use this established domestic capacity as a basis for competitive reactor exports, just as its dual-circulation strategy has accomplished in other areas, such as electric vehicles and batteries. .

According to the institute, the widespread idea that China is a copycat and the United States an innovator has encouraged a lackadaisical attitude toward industrial policy.

First, this assumption is flawed because it is possible that innovators will lose leadership to photocopiers with lower cost structures, as we have seen in many U.S. industries, including consumer electronics, semiconductors , solar panels, telecommunications equipment, machine tools and, as previously noted. here, most likely, nuclear energy. Second, it is not clear that China is a slow copier and always destined to be a follower, the report said.

The United States remains the leading producer of nuclear energy, ahead of France and China, with its 94 reactors representing around a third of global production.

But the country has built only two new reactors in the past decade, both arriving years late and billions of dollars over budget.

China inaugurated the world's first so-called fourth-generation nuclear power plant in December, in Shidao Bay, in the eastern province of Shandong.

Chinese state media has touted the plant's reactors, which use gas for cooling instead of pressurized water, as safer and more efficient than previous generations of nuclear technology.

Sources 1/ https://Google.com/ 2/ https://www.aljazeera.com/economy/2024/6/17/us-falling-far-behind-china-in-nuclear-power-report-says The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos