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Chinese Company Testing Potentially Game-Changing Nuclear Reactor

January 12, 2022
Source: marketmadhouse.com marketmadhouse.com
News Snapshot:
Chinese Company Testing Potentially Game-Changing Nuclear Reactor A Chinese company is testing the world’s first small modular nuclear reactor. The small modular reactor could be a game-changer because it could be cheaper, safer, and easier to deploy than traditional reactors. The China Huaneng Group is generating electricity with the modular reactor at Shidao Bay in Shandong Province, Bloomberg reports. The Shidao Bay Unit 1 has a radically different design from traditional nuclear power plants. For example, Unit 1 heats helium gas to move a turbine to produce electricity. In contrast, most nuclear reactors heat water to create steam to power...
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