My impression is that China has copied some of the US regulatory framework, but still allows more discretion.
I used financial data from CGN Power Company to estimate nuclear electricity selling prices. Data for 2011 from this report shows RMB0.3695 ($0.0558) / KWh, declining to RMB0.30 ($0.0425) / KWh in 2020 (from this report).
That’s not enough to have a big effect on the Chinese economy, but it’s enough to show that something’s working better in China than in the US.
Nuclear costs are declining in China.
My impression is that China has copied some of the US regulatory framework, but still allows more discretion.
I used financial data from CGN Power Company to estimate nuclear electricity selling prices. Data for 2011 from this report shows RMB0.3695 ($0.0558) / KWh, declining to RMB0.30 ($0.0425) / KWh in 2020 (from this report).
That’s not enough to have a big effect on the Chinese economy, but it’s enough to show that something’s working better in China than in the US.