Friday, August 01, 2008

China's Olympian Efforts

China-Olympics-NuclearThe builders at Beijing Stadium aren't the only ones in China working double-time these past few weeks: UPI is reporting (sub. req'd.) that ground has been broken on the new nuclear plant in Haiyang - one month ahead of schedule.

Shandong Nuclear Power, Westinghouse Electric and Shaw Group (NYSE:SGR) are all working on the facility in China's eastern Shandong province, which will have two separate nuclear plants.

The project will use Westinghouse's AP1000 reactor. According to a release from the consortium, excavation work began a month ahead of schedule for the first of the two plants. It is expected to take about three months to dig the holes for the foundations.

China, like many other developing nations, including India, is working fast to increase its power supplies from alternative sources

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