Analysis

China Set To Surpass US Reactor Capacity By 2030 As Country Finds Key To Breaking ‘Cost Escalation Curse’

By Nigel Davies
4 May 2026

US thinktank says unit costs are around a quarter of those in US

China Set To Surpass US Reactor Capacity By 2030 As Country Finds Key To Breaking ‘Cost Escalation Curse’
China has had the world’s largest under-construction fleet of reactors for 19 consecutive years. Courtesy Sanmen Nuclear Power Company.
The key to China’s expected nuclear dominance by 2030 has been to beat the “global cost escalation curse” with the cost of installing reactors falling to a fraction of what they are in the West, according to Washington-based thinktank Jamestown Foundation.

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