Westinghouse

A consortium comprised of Brookfield Renewable Partners, together with its institutional partners, and Cameco Corp. announced on Oct. 11 an agreement to acquire Westinghouse Electric Co. from Brookfield Business Partners (BBU). The deal has a total enterprise value of about $8 billion, including proceeds from the disposition of a non-core asset expected to be received […]

Westinghouse and Ansaldo Energia’s Switzerland-based nuclear arm, Ansaldo Nucleare, will cooperate in developing a nuclear power plant based on lead-cooled fast reactor (LFR) technology. The two companies, which have separately spearheaded the development of fast-reactor designs, said they will advance a common design “to maximize synergies, combine experience in design, testing and licensing, and align […]

NuScale has signed a first task order and a statement of commencement with Polish mining and processing firm KGHM Polska Miedź S.A., kicking off early work for a VOYGR nuclear power plant of up to 924 MWe that the partners could deploy as early as 2029 to support KGHM’s copper and silver production in Poland. […]

Southern Co. on July 28 increased its cost estimate for Georgia Power’s share of the two-unit expansion of the Vogtle nuclear plant. Southern, during an investor presentation of the company’s second-quarter financial results, said Georgia Power’s share of capital costs for the project has risen by $52 million, to about $10.5 billion in total. Georgia […]

Västerås, Sweden – June 13, 2022 – Westinghouse installed its StrongHold® AM 3D-printed nuclear fuel debris filters in two Nordic Boiling Water Reactor (BWR) units – Olkiluoto 2 in Finland, and Oskarshamn 3 in Sweden – to further improve the plants’ operational reliability. Westinghouse created the StrongHold AM filter in close cooperation with plant operators […]

An updated financial report from one of the owners of the Plant Vogtle nuclear expansion in Georgia shows the cost to build two new reactors has now topped $30 billion, more than double the original price tag expected for the project. The Municipal Electric Authority of Georgia (MEAG), one of four groups with an ownership […]

Work safeguards future of emission-free electricity generation DALLAS – Jacobs (NYSE:J) was selected alongside General Electric and Westinghouse Electric Company LLC to support preliminary phase life extension work at the Sizewell B nuclear power station in Suffolk, United Kingdom. EDF, operator of Sizewell B, is leading a Long-Term Operation (LTO) program aimed at extending the […]

Company’s micro-reactor receives Government of Canada Funding, supports country’s aggressive climate goals Burlington, Ontario, Canada – March 17, 2022 – Westinghouse Electric Canada announced today, along with the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, an investment of C$27.2 million from the Government of Canada’s Strategic Innovation Fund (SIF). This investment will support […]

A government agency that supports research into Brazil’s energy sector has forecast a significant jump in demand for electricity within the country over the next several years. Empresa de Pesquisa

NuScale Power has signed a definitive commercial agreement with mining and processing firm KGHM Polska Miedź S.A. to deploy a VOYGR power plant of up to 924 MWe as early as 2029 to support KGHM’s copper and silver production in Poland. Under an “early works agreement” signed in a ceremony on Feb. 14 in the […]