Agreement Supports Deployment of Advanced Reactors in Canada and Globally
Peterborough, Ontario, December 12, 2024 – Westinghouse Electric Company and BWXT Canada, Ltd. announced today they have signed a memorandum of understanding (MoU) to support nuclear new-build projects in Canada and globally. Under the agreement, BWXT Canada has the potential to manufacture key AP1000® and AP300™ reactor components, including steam generators, reactor vessels, pressure vessels, and heat exchangers.
Westinghouse is developing a local supply chain in Canada for future projects locally and globally. Deploying four Westinghouse advanced AP1000® reactors in Canada would mean thousands of local jobs, add $29 billion CAD to the country's GDP and provide carbon-free electricity for 3 million homes.
“BWXT has unmatched manufacturing capabilities that support the global current and future nuclear fleets,” said John MacQuarrie, President of BWXT Commercial Operations. “We are ready to leverage our highly-skilled Canadian workforce and decades of experience to bring Westinghouse’s designs to life and expand the power of clean energy around the globe.”
Headquartered in Cambridge, Ontario, BWXT Canada has more than 60 years of expertise and experience in the designing, manufacturing, commissioning, and servicing of nuclear power generation equipment including pressurized water reactor steam generators, nuclear fuel and fuel components, critical plant components, parts and related plant services. As North America’s dominant player in nuclear power generation equipment, BWXT will provide Westinghouse and its customers with certainty around the supply of major components for AP1000 and AP300 new build projects.
“BWXT Canada is a leading supply chain partner that will help us deliver North America’s next AP1000 project on time and on budget,” said Dan Lipman, President of Westinghouse Energy Systems. “In addition, we see them as a key player supporting global AP1000 and AP300 projects, which will benefit the Canadian economy by employing local trades and creating jobs in Canada.”
“Canada is home to one of the strongest nuclear supply chains in the Western world, that when combined with the U.S. supply chain, provides a powerful platform to deliver new nuclear generation quickly to North America,” said John Gorman, President of Westinghouse Canada. “By taking advantage of our combined presence in both Canada and the U.S., Westinghouse and BWXT will work together to further strengthen both nations' capacity to promote and build cost-effective nuclear solutions at home and abroad.”
This announcement is the latest in a series of agreements with Canadian firms to support Westinghouse’s AP1000 and AP300 projects globally. For each AP1000 unit that is built outside of Canada, Westinghouse could generate almost $1 billion of Canadian dollars in gross domestic product (GDP) through local suppliers.
Owned by Canadian energy powerhouses Brookfield and Cameco, Westinghouse is the only nuclear vendor with an advanced, proven and fully operational Generation III+ reactor technology that is ready to be deployed in Canada and generate electricity by as early as 2035. A four-unit AP1000 facility in Canada can power at least three million homes while supporting $28.7 billion Canadian dollars in GDP during construction and $8.1 billion in GDP annually in ongoing operations. The four-unit project would also create 12,000 high-quality full-time Canadian jobs and provide Canadian firms opportunities to support the more than 30 AP1000 units in the pipeline globally.
