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Japan's Westinghouse signs deal to build 2 US nuclear reactors
Washington (AFP) May 27, 2008 The Westinghouse Electric Company, a US subsidiary of Japanese firm Toshiba Corporation, said Tuesday it had signed a deal to build two nuclear power reactors in the US state of South Carolina. Westinghouse said it had signed the nuclear plant deal with South Carolina Electric & Gas Company (SCE&G) and Santee Cooper, a South Carolina state-owned electric and water utility. It did not disclose the financial value of the deal. SCE&G and Santee Cooper lodged an application with the federal Nuclear Regulatory Commission in March to construct and operate two AP1000 nuclear power plants. The application has yet to be approved by the US government. Westinghouse and its partner, The Shaw Group Inc., said the nuclear reactors would rank among the first to be constructed in the United States in decades if the government grants approval for their construction. "We congratulate South Carolina Electric & Gas and Santee Cooper for taking a forward-looking and long-term approach to both electricity generation and energy independence," said Westinghouse president and chief executive Steve Tritch. Interest in nuclear power has been revived in some US states as global crude oil prices have soared to record peaks. Oil prices struck record heights above 135 dollars a barrel last Thursday. If approved, the deal would provide for Westinghouse to construct two AP1000 nuclear power units at the V.C. Summer Nuclear Station in Jenkinsville, South Carolina. The deal covers an engineering, procurement and construction (EPC) contract. Westinghouse said it was the second EPC contract it had signed in the last six months after it signed a similar deal with Georgia Power to provide two reactors at the Vogtle site near Waynesboro, Georgia, in April. Community Email This Article Comment On This Article Share This Article With Planet Earth
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Nuclear power the answer to high oil costs: French PM
Paris (AFP) May 27, 2008French Prime Minister Francois Fillon told parliament on Tuesday that boosting France's nuclear power sector was the answer to soaring oil costs. |
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