Toshiba-Westinghouse to build 4 nuclear power plants in China
Westinghouse Electric signed a
multibillion-dollar deal Tuesday with Chinese partners to build four nuclear
reactors in eastern China.
Westinghouse Electric signed a multibillion-dollar deal Tuesday with Chinese
partners to build four nuclear reactors in eastern
China.
“The definitive contracts signed today will result in the first-ever deployment of advanced U.S. nuclear power technology in China,” Westinghouse’s president and CEO, Steve Tritch, said at the signing ceremony at Beijing’s Great Hall of the People.
Construction will begin in 2009, with the first plant slated for operation in 2013 and the remaining three coming online in the next two years, Westinghouse, based in Pittsburgh, said.
The company did not give specific financial terms but said the deal would create about 5,000 jobs in at least 20 states in the United States.
China’s also purchasing from France and Russia and has committed to nuclear power as part of an essential mix of alternative energy sources needed to move away from fossil fuels.
I imagine we’ll discuss the potential for nuclear power for at least another decade before we make any decisions here in the U.S.. Or longer.
“The definitive contracts signed today will result in the first-ever deployment of advanced U.S. nuclear power technology in China,” Westinghouse’s president and CEO, Steve Tritch, said at the signing ceremony at Beijing’s Great Hall of the People.
Construction will begin in 2009, with the first plant slated for operation in 2013 and the remaining three coming online in the next two years, Westinghouse, based in Pittsburgh, said.
The company did not give specific financial terms but said the deal would create about 5,000 jobs in at least 20 states in the United States.
China’s also purchasing from France and Russia and has committed to nuclear power as part of an essential mix of alternative energy sources needed to move away from fossil fuels.
I imagine we’ll discuss the potential for nuclear power for at least another decade before we make any decisions here in the U.S.. Or longer.
Posted: Wed - July 25, 2007 at 06:58 AM