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).

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.

This industry-first milestone increases bottom nozzle debris resistance from 65% to 96%

CRANBERRY TOWNSHIP, Pa., June. 26, 2024 – In an industry first, Westinghouse Electric Company used additive manufacturing (AM) to fabricate bottom nozzles that improve debris capture and fuel endurance within its fuel assemblies. The nozzles were integrated into four Lead Test Assemblies delivered to Alabama Power’s Joseph M. Farley Nuclear Plant operated by Southern Nuclear, in the first quarter of 2024.

Saskatoon, Saskatchewan, June 17, 2024 – Saskatchewan Power Corporation (SaskPower), Westinghouse Electric Company (Westinghouse) and Cameco Corporation (Cameco) (TSX: CCO; NYSE: CCJ) have signed a memorandum of understanding (MOU) to evaluate the potential of Westinghouse’s nuclear reactor technology and the associated nuclear fuel supply chain required for Saskatchewan’s future clean power needs.

New Fuel Ensures Supply Diversification for Kozloduy Nuclear Power Plant

Sofia, Bulgaria – May 29, 2024 – Westinghouse Electric Company delivered the first reload of VVER-1000 fuel assemblies to Kozloduy Nuclear Power Plant (KNPP) in April, marking a key fuel diversification milestone in Bulgaria. The loading of the new fuel into KNPP Unit 5 was celebrated today at an event attended by Prime Minister of the Republic of Bulgaria Dimitar Glavchev, Minister of Energy Vladimir Malinov and the U.S. Ambassador to Bulgaria Kenneth Merten.

Cranberry Township, PA, May 28, 2024 – Westinghouse Electric Company released its 2023 Sustainability Report today. The report provides the latest updates on the company’s efforts to integrate sustainability throughout its business and deliver clean, affordable and secure nuclear energy for a carbon-free future.

Cranberry Township, PA, April 1, 2024 – Westinghouse today announced key changes to its leadership team. Effective immediately:

• Ron Timperio is appointed Chief Operating Officer and Executive Vice President, Global Operations Services 
• Adam Silverstein is appointed Executive Vice President, Quality, Environment, Health & Safety