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Westinghouse desperate to sell nuclear equipment to Europe

Buy-Japan's-nukes-2Note about Westinghouse Westinghouse hasn’t been a US corp. for 15 or more years. First it became British and now is Toshiba. The biggest pushers of new reactors are thus Japan, Russia and France. GE is Hitachi Japan. France is Areva and EDF and the Russian gov has Rosatom.

http://en.wikipedia.org/wiki/Westinghouse_Electric_Company#Westinghouse_Electric_Company.27s_history_1999-present

Comment by miningawareness | August 26, 2014

Westinghouse seeks EU aid to weaken Russia’s nuclear fuel role in Europe ITar-Tass   August 21,  Michael Kirst, Westinghouse’s vice-president for strategy, says Europe needed the second supplier in case of technical failures and possible political sanctions LONDON, August 21. /ITAR-TASS/. US-based Westinghouse has asked the European Union to introduce competition rules on the nuclear fuel market with the aim of reducing Europe’s dependence on the Russian fuel supplies, the Financial Times reported on Thursday………

Finland is one of the European states depending heavily on supplies of Russian nuclear fuel, while Hungary, Slovakia, Bulgaria and the Czech Republic are entirely dependent on the Russian deliveries.

The FT reports that, according to Westinghouse “the EU’s weak spot lies in Russian VVER reactors across the former communist bloc and Finland, for which the Russian company TVEL is the only supplier.”

Westinghouse presses the EU for diversification in the Eastern Europe, since the US-based company is the only alternative for supplies of nuclear fuel for VVER-440 reactors.

The company said it needs an investment of $20 million to reprise the nuclear fuel production for the VVER-440 reactors, however, the work would take up to two years. http://en.itar-tass.com/world/746081

August 22, 2014 - Posted by | business and costs, USA

2 Comments »

  1. Westinghouse hasn’t been a US corp. for 15 or more years. First it became British and now is Toshiba. The biggest pushers of new reactors are thus Japan, Russia and France. GE is Hitachi Japan. France is Areva and EDF and the Russian gov has Rosatom.
    http://en.wikipedia.org/wiki/Westinghouse_Electric_Company#Westinghouse_Electric_Company.27s_history_1999-present

    miningawareness's avatar Comment by miningawareness | August 26, 2014 | Reply

    • Thanks, miningawareness, for that correction – I have now corrected the post and picture!

      Christina Macpherson's avatar Comment by Christina MacPherson | August 26, 2014 | Reply


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