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Nuclear companies switch to more lucrative business – closing down reactors

OPG, Westinghouse forge nuclear alliance OPG and Westinghouse will join forces to bid for nuclear projects around the globe  Toronto Star, By:  Business reporter,   Apr 16 2014

Ontario Power Generation will join forces with Westinghouse to bid for nuclear projects around the globe, the companies announced Wednesday.

The news comes the same week that the Ontario government set up a panel headed by TD Bank chairman Ed Clark to consider privatization – or other strategies – for provincial assets.

OPG is 100 per cent owned by the province.

“Under the agreement, the companies will consider a diversity of nuclear projects including refurbishment, maintenance and outage services, decommissioning and remediation of existing nuclear power plants, and new nuclear power plants,” OPG said a release.

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Westinghouse will work directly with Canadian Nuclear Partners, a subsidiary of OPG headed by Pierre Tremblay….http://www.thestar.com/business/2014/04/16/opg_westinghouse_forge_nuclear_alliance.html

April 17, 2014 - Posted by | business and costs, Canada, USA, wastes

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