nuclear-news

latest news on the uranium/nuclear industry

Westinghouse nuclear plans delayed in Florida and in India

Westinghouse says Florida nuclear units to be delayed US nuclear regulator action delays Florida units By C.J. Kuncheria, NEW DELHI, Feb 3 (Reuters) – Nuclear energy firm Westinghouse Electric, owned by Japan’s Toshiba Corp (6502.T), said regulatory issues would delay the starting of two reactors it is building in Florida by 1-½ to 3 years.

Westinghouse is building the units for Progress Energy (PGN.N), and they were originally planned to have come up in 2018. Work has been delayed as the U.S. Nuclear Regulatory Commission (NRC) would not allow the utility to start work at the sites before receiving a licence………………

INDIA PLANS

A 2008 nuclear energy treaty between the United States and India has opened up the multi-billion dollar market for U.S. firms like Westinghouse and General Electric (GE.N).

However, the companies cannot do business until the two countries reach another agreement on reprocessing spent nuclear fuel, putting U.S. firms at a disadvantage to French and Russian rivals such as Areva (CEPFi.PA) and Rosatom.

UPDATE 1-Westinghouse says Florida nuclear units to be delayed | Reuters

February 4, 2010 - Posted by | 2 WORLD, business and costs | , , , , , , ,

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 55 other followers