2025.11. 18 作者 | 第一财经 林春挺 本文字数：1633，阅读时长大约3分钟 又一台核电机组投入建设。 11月18日，中国首个配置冷却塔的"华龙一号"核电机组——中广核山东招远核电项目1号机组顺利完 成核岛第一罐混凝土浇筑，标志着该项目一期工程建设全面启动。 这是第一财经记者从中国广核集团（下称"中广核"）获悉的。 山东招远核电项目位于烟台招远市张星镇，是中广核在全国布局的第十个核电基地，规划建设6台"华 龙一号"核电机组。中广核总经理庞松涛表示，该项目是中广核积极融入山东能源发展规划、梯次打 造核风光储一体化清洁能源产业集群的关键项目。 喻向东进一步说明，冷却塔将核电站常规岛的直接冷源由大海变为大气，依托大气热阱带出常规岛热 力循环余热，海水仅作为补充水源。这一设计不仅实现了冷却水的循环使用，还大幅降低水头和能 耗，最大程度降低飘水率，有力保障了冷源安全。采用该技术的招远核电，拓宽了核能项目开发空间 布局，将为中国的核电建设开辟新路径、提供新经验。 中广核工程有限公司副总经理杨亚璋则对二次循环冷却技术的创新价值作了详细解读。他表示，高位 收水自然通风冷却塔凭借自身蓄水量，在失去厂外补水的特殊工 ...

Core Viewpoint - The successful completion of the first concrete pouring for the nuclear island of the Shandong Zhaoyuan Nuclear Power Project marks the full launch of the first phase of construction for China's first "Hualong One" nuclear power unit equipped with a cooling tower [1]. Group 1: Project Overview - The Shandong Zhaoyuan Nuclear Power Project is the tenth nuclear power base established by China General Nuclear Power Group (CGN) in the country, with plans to build six "Hualong One" nuclear units [1]. - Once all units are operational, the project is expected to generate an annual electricity output of 50 billion kilowatt-hours, sufficient to meet the annual electricity needs of approximately 5 million people, while reducing standard coal consumption by about 15.27 million tons and carbon dioxide emissions by approximately 46.2 million tons [1]. Group 2: Technological Innovations - The project features a high-level natural ventilation cooling tower, standing at 203 meters with a splash area of 16,800 square meters, which is a first for the "Hualong One" units [2]. - The cooling tower replaces the conventional cooling source from the sea to the atmosphere, allowing for the recycling of cooling water and significantly reducing water head and energy consumption, thereby ensuring the safety of the cooling source [2]. - The innovative secondary circulation cooling technology allows the cooling tower to maintain continuous operation of the unit for at least 2 hours under special conditions without external water supply, providing a buffer for safe and stable shutdown in extreme situations [2]. - Additionally, the project includes a nuclear-grade mechanical ventilation cooling tower, which can provide cooling for the reactor for no less than 30 days in the absence of supplementary water, further enhancing the cooling assurance for the nuclear island [2].

Core Insights - The Shandong Zhaoyuan Nuclear Power Project's Unit 1, featuring China's first cooling tower configuration for the "Hualong One" reactor, has successfully completed the first concrete pouring for the nuclear island, marking the full commencement of the project's first phase [1] - The project aims to support Shandong's green and low-carbon energy transition and high-quality economic development, with an expected annual power generation of 50 billion kWh, sufficient to meet the electricity needs of approximately 5 million people [1] - The project is designed to significantly reduce coal consumption by about 15.27 million tons and cut carbon dioxide emissions by approximately 46.2 million tons annually, equivalent to reforesting over 110,000 hectares [1] Project Features - The project incorporates a high-level natural ventilation cooling tower, measuring 203 meters tall with a water collection area of 16,800 square meters, which utilizes secondary cooling technology for the first time in the "Hualong One" reactor [2] - This cooling tower design shifts the primary cooling source from seawater to atmospheric air, enhancing water recycling and significantly reducing energy consumption and water loss [2] - The innovative cooling system includes a nuclear-grade mechanical ventilation cooling tower, ensuring a cooling capacity for the reactor for at least 30 days without external water supply, thus enhancing safety [3] Construction Innovations - The construction of the cooling tower employs advanced techniques such as electric climbing molds and mechanized construction methods to improve efficiency while ensuring safety [3][4] - The project utilizes a range of 36 advanced construction technologies, including modular construction and automated welding, to enhance construction quality and efficiency [4] - Automation in construction is emphasized, with the introduction of integrated intelligent template processing systems and automated production lines, marking a shift towards smart construction in the nuclear power sector [4] Comprehensive Utilization of Nuclear Energy - The project is also focused on the comprehensive utilization of nuclear energy, contributing to clean heating initiatives in Shandong's Jiaodong Peninsula [5] - Each unit can provide up to 1,000 tons of steam per hour, covering a heating area of over 15 million square meters, benefiting Zhaoyuan and surrounding areas [5] - Future plans include expanding applications for industrial steam, hydrogen production, and seawater desalination, further promoting regional green and low-carbon development [5]

Market Performance - The Shanghai Composite Index closed at 3939.81 points, down 0.81%, with a trading volume of approximately 790.9 billion yuan [2] - The Shenzhen Component Index closed at 13080.49 points, down 0.92%, with a trading volume of approximately 113.51 billion yuan [2] - The ChiNext Index closed at 3069.22 points, down 1.16%, with a trading volume of approximately 50.88 billion yuan [2] - The STAR Market Index closed at 1596.41 points, down 0.20%, with a trading volume of approximately 18.69 billion yuan [2] - The North Star 50 Index closed at 1481.82 points, down 2.92%, with a trading volume of approximately 20.1 billion yuan [2] Sector Performance - AI-related sectors, including Sora, Xiaohongshu, ChatGPT, Web3, and AIGC, saw significant gains, indicating a growing investor interest in AI infrastructure [1][3] - The new energy industry chain experienced notable adjustments, with sectors such as sodium batteries, titanium metals, and solid-state batteries facing significant declines [1] Company Developments - The C919 and C909 aircraft made their debut at the Dubai Airshow, showcasing China's advancements in commercial aviation, with C909 having delivered over 170 aircraft and opened over 790 routes [4] - The construction of China's first "Hualong One" nuclear power plant with cooling towers has commenced, with a total planned capacity of approximately 7.2 million kilowatts, sufficient to meet the annual electricity needs of 5 million people [5] - Huawei announced the upcoming launch of the Mate X7 foldable smartphone, set to be unveiled on November 25, featuring a new "super-reliable folding structure" and a redesigned camera [6]

Core Viewpoint - The construction of the first unit of the Shandong Zhaoyuan Nuclear Power Project, featuring the "Hualong One" reactor, has officially commenced, marking a significant step in China's nuclear energy development [1][3]. Project Overview - The Zhaoyuan Nuclear Power Project plans to build six "Hualong One" nuclear reactors, with an expected annual electricity generation of 50 billion kilowatt-hours, sufficient to meet the needs of approximately 5 million people [3]. - The project aims to significantly reduce coal consumption by about 15.27 million tons and cut carbon dioxide emissions by approximately 46.2 million tons annually, equivalent to reforesting over 110,000 hectares [3]. Technological Innovations - The project features a high-level natural ventilation cooling tower, standing at 203 meters with a water collection area of 16,800 square meters, which utilizes secondary circulation cooling technology for the first time in "Hualong One" reactors [3][4]. - This cooling system replaces seawater with atmospheric air as the primary cooling source, enhancing water recycling and reducing energy consumption [4]. Safety and Efficiency Enhancements - The cooling tower can maintain continuous operation for at least 2 hours without external water supply, providing a buffer for safe shutdown in extreme conditions [5]. - The project also includes a nuclear-grade mechanical ventilation cooling tower, which can provide cooling for the reactor for at least 30 days without external water supply, further ensuring safety [5]. Construction Techniques - Advanced construction techniques such as electric climbing molds and automated welding are being employed to enhance construction efficiency while ensuring safety [7]. - The project incorporates digital applications for real-time monitoring and quality management, transitioning towards intelligent construction methods [7]. Comprehensive Utilization of Nuclear Energy - The project is also focusing on the comprehensive utilization of nuclear energy, with plans for nuclear heating that can provide up to 1,000 tons of steam per hour, covering an area of over 15 million square meters [8]. - Future expansions may include industrial steam supply, nuclear hydrogen production, and seawater desalination [8].

Core Viewpoint - The construction of China's first "Hualong One" nuclear power plant using cooling towers has officially commenced with the successful pouring of the first concrete for the nuclear island, marking the full start of the Shandong Zhaoyuan nuclear power base [1][4]. Group 1: Project Details - The nuclear island at the Zhaoyuan site covers an area of over 2,000 square meters, equivalent to five basketball courts, and the pouring of 8,823 cubic meters of concrete took approximately 55 hours, executed at six points in a single pour [4]. - The "Hualong One" project utilizes a high-level natural ventilation cooling tower for the conventional island system's cooling, replacing seawater with atmospheric air as the direct cooling source, which significantly reduces water resource usage [6]. Group 2: Environmental Impact - Upon completion, the six "Hualong One" units at the Zhaoyuan nuclear project will have a total installed capacity of approximately 7.2 million kilowatts, capable of meeting the annual electricity needs of 5 million people [10]. - The project is expected to generate 50 billion kilowatt-hours of clean electricity annually, reducing standard coal consumption by about 15.27 million tons and cutting carbon dioxide emissions by approximately 46.2 million tons, equivalent to reforesting over 110,000 hectares [10].

Core Viewpoint - China General Nuclear Power Group has launched a new generation of intelligent industrial control system products (iNICS), marking a significant advancement in the digitalization of nuclear power control systems [1] Group 1: Product Overview - The iNICS product suite includes 20 items across four major categories, featuring new DCS physical and virtual systems, as well as new development tools and service platforms [1] - The system represents a shift from "automated control" single-point devices to an "intelligent service" open ecosystem [1] Group 2: Technological Integration - The new system integrates digital twin and artificial intelligence technologies, creating a comprehensive closed-loop process for nuclear power operations that includes perception, analysis, decision-making, and execution [1] - It achieves 100% domestic production and offers advanced intelligent features such as fault prediction, intelligent monitoring, and decision support [1] Group 3: Industry Impact - The launch signifies a leading breakthrough in the digitalization field of China's nuclear power instrumentation and control systems [1] - The previous "Harmony System," developed by China General Nuclear, has been widely applied in 33 nuclear power units, covering second, third, and fourth generation nuclear technology routes since its release in 2010 [1]

Core Viewpoint - China General Nuclear Power Corporation (CGN) announced that its subsidiary, Shandong Zhaoyuan Nuclear Power Co., Ltd., will commence the construction of Zhaoyuan Unit 1 on November 18, 2025, marking the start of the civil construction phase [1] Group 1 - Zhaoyuan Unit 1 will utilize the Hualong One nuclear power technology [1] - The installed capacity of a single unit is 1,214 MW [1]

Group 1 - The company is actively expanding its overseas market while developing its domestic market [1] - The company has achieved some business presence in the European Union [1] - Specific financial data regarding the company's overseas operations will be provided in official announcements [1]

Core Points - The nuclear power sector is experiencing significant positive developments, particularly with the construction of the first "Hualong One" nuclear power plant in Shandong, marking a major milestone for the industry [2][7] - The Shanghai nuclear power industry aims to achieve a total output of 520 billion yuan by 2025 and 1 trillion yuan by 2030, focusing on advanced technologies and equipment manufacturing [7] - The fusion energy sector is also seeing substantial investment, with recent procurement projects exceeding 20 billion yuan, indicating a growing interest and funding in this area [8] Group 1: Nuclear Power Developments - The successful pouring of the first concrete for the "Hualong One" nuclear power plant signifies the full launch of the construction at the Zhaoyuan nuclear power base [2][7] - The Zhaoyuan project plans to build six "Hualong One" reactors with a total capacity of approximately 7.2 million kilowatts, enough to meet the annual electricity needs of 5 million people [7] Group 2: Economic Projections - By 2025, the Shanghai nuclear power industry is projected to reach an output of 520 billion yuan, with a target of 1 trillion yuan by the end of the 14th Five-Year Plan [7] - The focus will be on batch construction of third-generation nuclear power plants, enhancing economic efficiency, and advancing fourth-generation demonstration projects [7] Group 3: Fusion Energy Investments - Recent procurement announcements in the fusion energy sector include a project worth over 20 billion yuan from Fusion New Energy (Anhui) Co., indicating a robust investment climate [8] - Additional procurement projects from the Hefei Institute of Physical Science total over 1.3 billion yuan, covering various platforms related to tritium safety and extraction [8]