20
an
environmental
impact report impact report would
given to understand that
also be prepared and made public.
Economic Aspects (Paragraph 5.2.9 of the Report)
59.
At Our request for an assurance that the future level
of electricity charges to the Hong Kong consumers should not be
higher than the tariff charged by the Hong Kong utility companies for coal-generated power, the Chinese authorities confirmed that China had already fully taken into account
into account the interest of Hong
Kong people and entered into a guaranteed price agreement for the Hong Kong consumers for the first 6 years. Thereafter, it was expected that Hong Kong's policy for public utility charges operational costs plus a reasonable profit margin
would be
adopted. The Chinese Government was of the view that once business contracts were signed, there should not be promises made
outside the terms of the contracts. GNPJVC had to discharge its
contractual obligations. As to the price in 13 years' time (i.e. 7 years of construction and 6 years of guaranteed price period),
it would not be possible to make an accurate estimation.
However, the Chinese authorities generally believed that nuclear power should be cheaper than coal-fired power after the first 6 years of operation.
To gather as much facts as possible about nuclear power development in China
60.
have obtained
better a
During our three-day visit, we have gathered much information on the development of nuclear
nuclear energy in China. We
understanding of the Chinese national policy for the development of nuclear energy, and the work of the National Nuclear Safety Admininstration in the control
and
No comments yet.
Private notes are available after approval.