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Saturday, October 30, 2010

The land of the rising economy

China not only is the country adding nuclear, hydroelectric, wind, and solar power at an unrivaled pace, but it’s fast becoming a proving ground for next- generation energy technologies that have stalled elsewhere.
It has 22 nuclear reactors under construction, with a combined capacity of 23 gigawatts.
China is now building lines carrying direct current at 800 kilovolts and alternating current at 1,000 kilovolts to pump that power to cities and manufacturing hubs in the east.
China is also poised to take the lead in deploying carbon capture and storage (CCS) technology on a large scale.
Once the problem of energy dependency has been solved, its economy won’t need big exports to bloom.
The huge internal market will absorb the full production, building a new economic boom.
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