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Energy & Environment

US, China to cooperate on overseas nuclear projects

The US and China will cooperate to develop new nuclear reactors in both countries and will also encourage joint bids for projects elsewhere, Reuters reported, citing a speech made by US Energy Secretary Ernest Moniz on Wednesday. “Nuclear collaboration played an important role in our visit and deservedly so,” Moniz said. China is also keen to raise its nuclear capacity from 12.6 gigawatts (GW) to 58 GW by 2020, which has led foreign reactor builders, such as Westinghouse, to compete intensely for new projects.

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