Energy · People's Republic of China
How much did the first phase of Haiyang Nuclear Power Plant cost?
The Haiyang Nuclear Power Plant is the nuclear power station at Haiyang in Yantai, Shandong, China, owned by State Power Investment Corporation, planned for six million-kilowatt pressurized water reactors, of which the first two units are Westinghouse AP1000 reactors, Unit 1 officially started construction in September 2009 and passed its 168-hour full-power test on 22 October 2018 as the world's second AP1000. Daily Economic News reported then that the estimated investment for the phase one project was 40 billion yuan.
Published project estimate
CNY 40 billion
Approximately $6.05 billion
Cost basis: 2018
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Cost evidence
Basis of the published figure
Published project estimate2018
Project record