Stockholm, Sweden, September 10, 2024 – Westinghouse Electric Company and Hyundai Engineering & Construction Company have signed a teaming agreement to pursue AP1000® technology opportunities in Sweden and Finland.
Study Reveals Initial Economic Contribution of Kč 292.7 Billion to GDP with an Additional Kč 95.3 Billion Annually Once Units are Operational
Prague, Czechia, September 10, 2024 – Today, Westinghouse Electric Company released a comprehensive, independent report conducted by PricewaterhouseCoopers LLC (PwC) highlighting the substantial economic benefits of deploying 3 gigawatts (GW) of nuclear power through a fleet of AP300™ small modular reactors (SMRs) in Czechia.
New industry-specific GenAI will enable customers to develop nuclear AI solutions
London, United Kingdom, Sept. 4, 2024 – Westinghouse Electric Company launched its Hive™ nuclear-specific Generative Artificial Intelligence (GenAI) System to deliver custom GenAI solutions for its global customer base. The Hive System will be a game-changing capability that will drive improved cost and schedule through the entire reactor lifecycle from design, licensing, manufacturing, construction and operations.
Long-Term Deal Boosts Finland’s Security of Supply with Reliable Western Fuel
Loviisa, Finland – September 2, 2024 – Westinghouse Electric Company has delivered the first reload of VVER-440 fuel assemblies to the Loviisa Nuclear Power Plant. The loading of the new fuel is a key diversification milestone for Fortum that guarantees a dependable Western alternative for fuel supply in Finland. This breakthrough was celebrated today at an event attended by the Minister of Climate and the Environment, Kai A. Mykkänen, members of his team and representatives of the City of Loviisa.
New Units at Bailong and Lufeng Bring Total Number of Operational and Approved China AP1000-Based Reactors to 16
Cranberry Township, PA, August 29, 2024 – Westinghouse Electric Company congratulates China’s State Power Investment Corporation (SPIC) and China General Nuclear Power Corporation (CGN) for receiving approval from China’s State Council to add four AP1000® technology-based plants to their growing list of newbuild projects. This brings the total number of operational and approved reactors in China based on AP1000 technology to 16.
Reaffirms IP Protections and Export Control Obligations for Deployment of Westinghouse Technology
Cranberry Township, Pa., August 26, 2024 – Westinghouse Electric Company announced it has filed an appeal with the Czech Anti-Monopoly Office to protest the decision by CEZ to select Korea Hydro & Nuclear Power (KHNP) as the preferred bidder for the construction of two new nuclear reactors at the Dukovany power plant.
The approval is the first step in the technology licencing process to make SMRs a reality in the U.K.
Lancashire, United Kingdom, Aug. 23, 2024 – Westinghouse Electric Company announced today it has received formal approval from the U.K. Department of Energy Security and Net Zero (DESNZ) to enter the Generic Design Assessment (GDA) for the AP300™ Small Modular Reactor (SMR).
Incremental burnup increases fuel utilization and reduces fuel cycle costs for U.S. utilities
Cranberry Township, Pa., August 15, 2024 - Westinghouse Electric Company received the Nuclear Regulatory Commission’s approval for an increase in the burnup limit for the Westinghouse Encore® fuel designs. This allows better nuclear fuel efficiency, longer times between reactor refuels and lower operating costs.
LEU+ ADOPT™ pellets will improve fuel cycle safety and reactor operational costs
Lancashire, England, August 7, 2024 - Westinghouse Electric Company has completed the first pressing of its Low Enriched Uranium (LEU+) ADOPT™ nuclear fuel pellets for commercial application at its Springfields Fuel Manufacturing Facility in the UK. This milestone was achieved in partnership with Southern Nuclear and the support of the U.S. Department of Energy.
Cranberry Township, Pa., August 1, 2024 – Westinghouse Electric Company announced today that Dan Lipman has been appointed president of its Energy Systems business unit. In this role, Mr. Lipman will be responsible to deploy the AP1000® pressurized water reactor and AP300™ small modular reactor, as well as advanced reactor development and other non-nuclear energy systems, including long-duration energy storage.
