westinghouse

A majority of the funding will support three Advanced Modular Reactor (AMR) projects, which are much smaller than traditional nuclear energy power plants

The deal is subject to regulatory approvals

Westinghouse Electric Company is to continue providing nuclear fuel to Ukraine between 2021 and 2025. The Toshiba-owned firm has signed a nuclear fuel contract extension with Ukraine’s state company Energoatom for the deliveries to seven of 15 nuclear reactors. The existing contract for six reactors is set to expire in 2020. Last year, a reactor […]

Toshiba is reportedly preparing to put its nuclear power plant in Cumbria on hold. Reports claim its joint venture NuGen, which is developing the project, has warned suppliers it will have to cut spending due to its Japanese owner’s financial issues. Earlier this year it insisted Toshiba “remains committed” to the project, which is expected […]

French energy company ENGIE is selling its stake in the venture behind a proposed new nuclear power station in Cumbria. It intends to sell its 40% shares to Toshiba, which owns the remainder of NuGen – the UK-based nuclear energy company that plans to build three Westinghouse reactors at Moorside. Toshiba is to pay ¥15.3 […]

A reactor designed by Toshiba’s nuclear unit has been approved by UK regulators. The Office for Nuclear Regulation (ONR), the Environment Agency (EA) and Natural Resources Wales (NRW) said they are satisfied the reactor meets expectations on safety, security and environmental protection. The approval is needed before Westinghouse can use the reactor at NuGeneration’s (NuGen) […]

Toshiba’s US nuclear unit Westinghouse Electric Company (WEC) has filed for bankruptcy protection. It is seeking to undertake a strategic restructuring “as a result of certain financial and construction challenges in its US AP1000® power plant projects”. Toshiba and the WEC Group are working with the owners of the two sites in Georgia and South […]

While the UK is to build a nuclear plant at Hinkley Point, Sweden has started dismantling one. US Westinghouse Electric Company will segment the reactor pressure vessel at the Barsebäck Nuclear Power Station in the south of Sweden. It has two reactors with a capacity of 600MW each, which were closed in 1999 and 2005. The works […]

Bulgaria has signed an agreement with Westinghouse Electric Company for the expansion of a nuclear power plant in the country. US-based Westinghouse, part of Japan’s Toshiba group, said it will provide all of the plant equipment, design, engineering and fuel for the Kozloduy nuclear power plant. It will help build a new 1,000 reactor estimated […]

Engineering giant Toshiba’s US nuclear business Westinghouse is rumoured to be on the verge of buying a 50% stake in Britain’s NuGen. NuGen is a joint venture between Spanish utility Iberdrola and French firm GDF Suez. The firms plan to build up to 3.6GW of new nuclear at the Sellafield nuclear site on the northwest coast […]