China is planning to develop a floating nuclear power platform in five years in a bid to provide stable power to offshore projects and promote ocean gas exploitation, it was reported on Tuesday.
Wang Yiren, vice-director of the State Administration of Science, Technology and Industry for National Defence, made the announcement, the People's Daily reported.
Wang said Chinese authorities had carried out research on relevant core technologies as well as the standardisation of maritime nuclear power plants, adding that the development of the facility was a crucial part of the country's five-year economic development plan, running through 2020.
According to Wang, a diesel generator is currently the main power source for China's offshore operation and the daily lives of residents on the Nansha and Xisha Islands.
Diesel power is both inefficient and damaging to the environment. Developing a floating maritime nuclear power platform may solve these problems and facilitate the construction of larger vessels in the future, he said.
China won't be the first country to employ floating nuclear power plants.
In the 1960s, the US installed a nuclear reactor inside the hull of a freighter to provide electricity for the Panama Canal Zone. Ever since, nuclear reactors have been used on American and Russian ships to provide electrical power.
"Once China's own platform has been created, the design will be put to use in ocean gas and oil exploitation. The country is doing its own research on the project, as well as seeking cooperation with Russia to hasten the process," Wang said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)