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Search resuls for: "Westinghouse Electric Co"


9 mentions found


☆ 3 Energy Companies Compete to Build a New Nuclear Reactor in the Czech Republic
  + stars: | 2023-10-31 | by ( Associated Press | Oct. | At A.M. | ) www.usnews.com   time to read: +2 min
The winner of the lucrative contract will then have an option to build three more nuclear reactors in the country. Last year, the Czech government excluded Russia’s energy giant Rosatom and China’s CNG from the tender process on security grounds. Political Cartoons View All 1227 ImagesPrime Minister Petr Fiala said Russian participation in the project, which is critical for the Czech Republic's energy security, was “unimaginable” following the Kremlin’s invasion of Ukraine. The Czech Republic already relies on six nuclear reactors to generate more than a third of its total electricity. In a separate deal, CEZ had signed a deal with U.S. energy giant Westinghouse Electric Co. to supply nuclear fuel for the Dukovany nuclear plant, eliminating dependence on Russia for such fuel.
Persons: Korea’s, CEZ, Petr Fiala Organizations: U.S, Westinghouse, France’s EdF, Union, Westinghouse Electric Co Locations: PRAGUE, Czech, Ukraine, Czech Republic, Dukovany, Austria, Germany, Central Europe, Slovakia, Hungary, Poland, Russia
☆ Bulgaria Is Launching the Construction of 2 US-Designed Nuclear Reactors
  + stars: | 2023-10-25 | by ( Associated Press | Oct. | At A.M. | ) www.usnews.com   time to read: +2 min
SOFIA, Bulgaria (AP) — Bulgaria on Wednesday decided to expand the country’s nuclear power generation as an alternative to fossil fuels by launching the construction of two additional reactors at its only nuclear power plant. The two new reactors, which will provide a total of 2,300 megawatts, will use Westinghouse’s technology, the government said in a statement. Earlier this year, U.S.-based nuclear equipment manufacturer Westinghouse Electric Co. signed an agreement with the Kozloduy plant for a proposed deployment of one or two AP1000 pressurized water reactor units. Bulgaria currently operates two Russian-designed VVER-1000 reactors of 1000 MW each at the nuclear facility in Kozloduy that generate about a third of the country’s electricity. As part of its energy diversification efforts, Bulgaria signed agreements last year with France’s Framatome and Westinghouse Electric to receive fresh nuclear fuel for its operating reactors.
Persons: Nikolay Denkov, France’s Organizations: —, Wednesday, Westinghouse Electric Co, European Union, Westinghouse Electric Locations: SOFIA, Bulgaria, — Bulgaria, Kozloduy, Ukraine, Moscow
☆ Poland issues environmental permit for first nuclear power plant
  + stars: | 2023-09-22 | by ( ) www.reuters.com   time to read: +1 min
FILE PHOTO-Polish Minister of Climate an Environment Anna Moskwa, speaks during an interview with Reuters at Enviroment Ministry headquarter in Warsaw, Poland, June 15, 2023. REUTERS/Kuba Stezycki/File Photo Acquire Licensing RightsWARSAW, Sept 22 (Reuters) - Poland has issued an environmental permit for the country's first nuclear power plant, state run news agency PAP reported on Friday, citing Climate Minister Anna Moskwa. According to Poland's General Directorate for Environmental Protection (GDOS), the building and operation of the plant will not adversely affect the environment, and its impact will be monitored, PAP reported. Warsaw plans to build its first nuclear power plant on the Baltic coast by 2033. The U.S. consortium and Polish utility Polskie Elektrownie Jądrowe are expected to sign an engineering services contract next week, according to Bechtel.
Persons: Anna Moskwa, Kuba, Moskwa, Bechtel, Marek Strzelecki, Christina Fincher Organizations: Reuters, Enviroment Ministry, REUTERS, Rights, Environmental Protection, Westinghouse Electric Co, U.S ., Polskie, Bechtel, Thomson Locations: Polish, Warsaw, Poland, Baltic
☆ Many countries and communities are 'very interested' in nuclear power, says nuclear power company
  + stars: | 2023-08-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMany countries and communities are 'very interested' in nuclear power, says nuclear power companyRita Baranwal of Westinghouse Electric Company says that when it comes to decarbonization, "study after study has shown that it's going to take a diverse, clean energy portfolio and nuclear must be part of that."
Persons: Rita Baranwal Organizations: Westinghouse Electric Company
☆ Welders wanted: France steps up recruitment drive as nuclear crisis deepens
  + stars: | 2022-11-29 | by ( Benjamin Mallet | ) www.reuters.com   time to read: +7 min
EDF estimates that France's nuclear industry needs to recruit between 10,000 and 15,000 workers a year over the next seven years. Despite relatively high unemployment, France's manufacturing, construction, engineering and IT industries complain they can't get the workers they need. These people work with molten metal at 1,500 degrees Celsius, and sometimes have to stand upside down," said one welder in the nuclear industry, who asked not to be identified. Before the war in Ukraine, successive administrations sought to reduce France's reliance on nuclear energy, not build new reactors, they say. For a long time, France was Europe's nuclear energy champion - and its biggest electricity exporter.
☆ Poland picks U.S. offer for its first nuclear power plant -PM
  + stars: | 2022-10-28 | by ( ) www.reuters.com   time to read: +2 min
WARSAW, Oct 28 (Reuters) - U.S. firm Westinghouse Electric Co will build Poland's first nuclear power plant, Prime Minister Mateusz Morawiecki said on Friday, confirming a long-awaited decision aiming to reduce the country's carbon emissions and phase out coal. "We confirm our nuclear energy project will use the reliable, safe technology of @WECNuclear," Morawiecki said on Twitter. Westinghouse was competing with South Korea's state-owned Korea Hydro Nuclear Power, which submitted an offer in April. Warsaw had been seeking a partner to build 6-9 gigawatts (GW) of nuclear capacity and provide up to 49% equity financing for the project. Sources have said that Poland would choose the technology first, which would indicate who the partner would be, and discuss the details of the contract afterwards.
☆ Westinghouse Deal Latest Signal of a Nuclear Power Revival
  + stars: | 2022-10-13 | by ( Jennifer Hiller | ) www.wsj.com   time to read: 1 min
A deal by Brookfield Renewable Partners and Cameco Corp. to buy nuclear-services firm Westinghouse Electric Co. is the latest sign of revival in the nuclear-power industry after years of decline. The matchup would create something of a Western nuclear powerhouse, pairing a key nuclear-power service provider with the largest publicly traded uranium company and one of the world’s biggest owners of wind and solar projects. The transaction is a bet that nuclear will play an important role in the energy transition away from fossil fuels. Brookfield and Cameco announced the deal Tuesday, saying the total enterprise value for Westinghouse is roughly $7.88 billion.
☆ Cameco, Brookfield Renewable Partners to Buy Westinghouse Electric Co. for $7.88 Billion
  + stars: | 2022-10-12 | by ( Kathryn Hardison | ) www.wsj.com   time to read: 1 min
Cameco and Brookfield Renewable along with institutional partners, are planning to buy Westinghouse Electric Co. The companies said Tuesday that they are forming a strategic partnership to acquire the nuclear services business. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%, they said.
☆ Cameco, Brookfield Renewable Partners to Buy Westinghouse Electric for $7.88 Billion
  + stars: | 2022-10-11 | by ( Kathryn Hardison | ) www.wsj.com   time to read: 1 min
Westinghouse Electric services about half of the nuclear-power reactors in the world. Cameco and Brookfield Renewable Partners said they will buy Westinghouse Electric Co. in a deal that will boost nuclear power, an energy resource reinvigorated by the need to reduce the use of carbon-based fuels. The Canada-based companies said Tuesday that they are forming a strategic partnership to acquire the nuclear-services business. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%, they said.
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