Steam Power
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NewsGE Confirms Sale of Lucrative Nuclear Steam Turbine Segment to EDF
GE has signed an exclusive agreement with EDF Group, an entity majority held by the French government, to sell the equipment segment and some services that make up Steam Power’s nuclear-serving steam turbine business—part of a portfolio that GE adopted during its 2015 merger with French equipment giant Alstom. The American technology conglomerate confirmed it signed […]
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NewsGE Hitachi: Nuclear Costs, Innovation Must Be a Pivotal Focus for Carbon-Free Future
Nuclear energy’s future as a critical pillar in a decarbonized world will depend on its adaptability to rapid change, but the sector must focus on costs, certainty of outcome, reliability, and experience to cement its role beyond the transition, GE Hitachi Nuclear Energy (GEH) President and CEO Jay Wileman told POWER in an exclusive interview. […]