[Main Link: chinanews.com via Enorth, Tianjin]
The Fangchenggang nuclear power plant is a project of Guangxi Fangchenggang Nuclear Power Group (广西防城港核电有限公司), a joint venture between China Guangdong Nuclear Power Co. (CGNPC, 广东核电集团有限公司) and Guangxi Investment Group (广西投资集团有限公司), and co-funded by a syndicate of Chinese banks and financial institutions, according to world nuclear news (wnn, London). CGNPC’s stake is reportedly 61 percent, and Guangxi Investment Group’s at 39 percent respectively. The National Development and Reform Commission (国家发展和改革委员会) approved construction in summer 2010, according to wnn’s report, which also reported that the project’s total investment was expected somewhere near 70 billion yuan by August last year. The current first phase of construction appears to require much less investment:
The cost of constructing Phase I is 25 billion yuan ($3.7 billion). Some 87% of the equipment to be used in the Phase I units is expected to be sourced from Chinese suppliers. The first unit is scheduled to begin operating in 2015, while the second will start up in 2016.
Guangxi Fangchenggang Nuclear Power Group told a Xinhua [update, June 9, 2011: or a China News / 中新网 - JR] reporter on Wednesday that the power plant’s construction won’t be affected by the current Fukushima nuclear power plant accident (福岛核电站事故), and that there would be no delays in the project. The plant is scheduled to begin commercial operation in 2015, according to the article. Addressing possible concerns, the article continues:
Guangxi Zhuang Autonomous Region’s Development and Reform Commission officials revealed that after the Fukushima accident, the state council had
conducted[correction: rather than conducted, it reads "put forward" or "advanced", (提出) - JR, 2011-03-24] a comprehensive investigation of the [Fangchenggang] nuclear facilities, strengthened safety management of the facilities, reviewed the site, strictly examined and approved the requirements on new projects. The Fangchenggang nuclear power project was fully in accordance with these requirements, and by own initiative, another inspection had been carried out after the Fukushima matter, to guarantee that there was no danger of anything going wrong (万无一失, wàn wú yī shī).
Project staff is quoted with more technical remarks, such as that the Fangchenggang plant is based on more advanced technology than Fukushima I [Fukushima I had first been commissioned in 1971, according to Wikipedia - JR].
Fangchenggang nuclear power plant had said that various factors were being taken into account to guarantee safety.
Full consideration of earthquakes and other natural disasters’ influence had been given to the choice of location, in the fold of Qinzhou, which was an area with the earth’s crust being comparatively stable; also considered had been plane crashes, external explosions, tornados (龙卷风), etc.. Large-scale tsunamis also weren’t to be expected, but for safety reasons, tsunamis (海啸, hǎi xiào) and other waves due to storms had still been factored into the design. The last factor mentioned is the securing of electricity supplies to the plant’s safetey facilities in emergency situations.
According to the company, contingency and emergency plans had also been devised, with exclusion zones of five, ten, and more kilometers, equipment for such cases would be ready to hand, and emergency drills would be conducted regularly to ensure that the public would be evacuated in time, in case of an accident.
Fangchenggang article by Wikipedia
Reactions to the Fukushima I Disaster, March 15, 2011
Alstom press release, March 2, 2011
Mitsubishi press release, Nov 17, 2010
To start by 2014, China Daily, Dec 24, 2009