Saudi Arabia has taken another step towards building up its nuclear power generation capacity by signing a Memorandum of Understanding for in-country collaboration with Westinghouse Electricity, Exelon Nuclear Partners and Toshiba. Nuclear could be a key tool in managing a mismatch between rising in-country energy consumption and a heavy dependence on oil exports to meet… Keep reading →
The US federal government has set aside more than a quarter of a billion dollars to fund the demonstration of a small modular (SMR) nuclear reactor in the US, with potential total funding rising to close to half a billion dollars. With smaller-scale nuclear technology widely discussed as the future of the troubled sector, a whos-who of companies are expected to participate in the project and apply for the funds.
Westinghouse Electric Company, based in Pittsburgh but part of Japan’s Toshiba, has submitted a letter of intent saying it will compete for the SMR nuclear deployment acceleration grant. The company is showcasing a 225 MW-equivalent integral pressurized water reactor that leverages technology from its already-licensed AP1000 nuclear power plant design. Keep reading →
