Latin America

Argentina seeks new China-backed nuclear power plant

Construction of the plant would start next year and be ready by 2028. Chinese banks would finance 85 percent of its USD 8 billion total cost

Labourers work on the assembly of the reactor at Atucha II nuclear power plant in Zarate, some 100 km (62 miles) north of Buenos Aires August 13, 2010. Argentina, whose pioneering nuclear energy program was sidelined for years, has embarked on an ambitiou
Workers assembling the reactor at the Atucha II nuclear power plant in Zarate, some 100 km north of Buenos Aires. Photo: Marcos Brindicci/Reuters via Alamy

President Alberto Fernández of Argentina has decided to reactivate a project to build a new nuclear power plant in Argentina. Located in Buenos Aires province, the plant would generate 1,200 MW and help meet the country’s energy needs, but it is being questioned for its high costs and potential risks. 

The project was originally presented in 2015 by Cristina Fernández de Kirchner, who served as president from 2007-2015. At the time, the aim was to build two power plants financed by China – one with Canadian CANDU technology, which Argentinian plants now use, and the other with the...

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