Westinghouse is claiming a nuclear deal would see $80B of new reactors
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Westinghouse is claiming a nuclear deal would see $80B of new reactors
"The agreements were apparently negotiated during President Trump's trip to Japan. An announcement of those agreements indicates that "Japan and various Japanese companies" would invest "up to" $332 billion for energy infrastructure. This specifically mentioned Westinghouse, GE Vernova, and Hitachi. This promises the construction of both large AP1000 reactors and small modular nuclear reactors. The announcement then goes on to indicate that many other companies would also get a slice of that "up to $332 billion," many for basic grid infrastructure."
"As of the publication time, the Department of Energy has no information on the deal; Hitachi, GE Vernova, and the Hitachi/GE Vernova collaboration websites are also silent on it. Meanwhile, Westinghouse claims that it will be involved in the construction of "at least $80 billion of new reactors," a mix of AP1000 and AP300 (each named for the MW of capacity of the reactor/generator combination). The company claims that doing so will "reinvigorate the nuclear power industrial base.""
Westinghouse announced an agreement with the Trump administration to construct at least $80 billion of new nuclear reactors in the United States. The government indicated a separate collaboration of GE Vernova and Hitachi to build additional reactors. An announcement cited Japan and various Japanese companies investing up to $332 billion in energy infrastructure, naming Westinghouse, GE Vernova, and Hitachi. The planned projects include large AP1000 reactors and small modular reactors. The announcement did not specify how much of the $332 billion would go to reactors. The Department of Energy and the companies named have not published details. Westinghouse said the projects will reinvigorate the nuclear power industrial base.
Read at Ars Technica
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