Affected by the nuclear leakage incident at the Fukushima nuclear power plant in Japan in 2011, domestic nuclear power construction once slowed down, but as the pressure on energy and environmental protection continues to increase, nuclear power construction has quietly accelerated.

Recently, a reporter from the Securities Times interviewed the chief engineer of a nuclear power design institute, a domestic nuclear power expert. He believes that the next few years will be a period of rapid development of domestic nuclear power construction. It is estimated that there will be more than one trillion investment, half of which will be used for nuclear power equipment. The profit of nuclear power equipment is very high, and it is expected that a group of companies will benefit from it.

Average annual equipment investment is 50 billion

Last week, the China Nuclear Energy Industry Association released the research results of the "Environmental Impact Assessment of Inland Nuclear Power Plants" in Yiyang, Hunan. It believed that inland nuclear power plants would not affect the environment and public health. Outsiders speculate that in addition to speeding up coastal nuclear power units, the restart of inland nuclear power in the future may be on the agenda. Compared with the "Nuclear Power Safety Plan (2011-2020)" and the "Nuclear Power Mid- and Long-term Development Plan (2011-2020)" proposed at the end of last year, "no inland nuclear power projects will be arranged during the 12th Five-Year Plan" period. The past few months.

Experts estimate that the compound growth rate of nuclear power installed capacity will reach about 20% in the next 10 years. The approval and start of nuclear power projects will have a peak in the next 10 years. Six to seven new nuclear power plants are newly approved every year.

According to reports, according to the general rule, 50% of the investment in nuclear power plants will be used for equipment, and the average annual investment for equipment is close to 50 billion yuan. Newly built or newly approved nuclear power plants will be based on third-generation nuclear power technology. The current level of nationalization of the third-generation nuclear power technology is only 50%, and it is expected that the level of nationalization will reach 70% or even higher in the future.

At the same time, the nuclear power industry has a long chain, with a total of more than 300 systems, nearly 10,000 sets of equipment, and equipment manufacturing involves many industries. The huge cake of the nuclear power industry has enabled domestic nuclear power equipment manufacturers to enter a period of rapid growth, and there are a huge number of potentially benefiting industries and companies.

However, nuclear power equipment manufacturing has high technology and investment thresholds.

Nuclear power plants have extremely high requirements for equipment stability and safety, and relevant nuclear equipment manufacturing certifications are required. Most of the sub-sector industries are in an oligopolistic competition. And the profitability of nuclear power equipment manufacturing is at the highest level of power plant equipment manufacturing, and the gross profit margin is usually 40% to 60%. Therefore, some companies are eager to see the high gross profit of nuclear power.

But the expert cautioned that companies that have never done nuclear power should not enter the industry lightly. "The requirements for nuclear power equipment are high, especially the safety and reliability requirements of operation are very high, the barriers to entry are high, and the cycle from product development to national certification is very long. If you enter blindly, there is a great investment risk."

Source: June 5, 2013 Securities Times Network Author: Yang Lihua