There are eight in planning stages, permits, etc. I hope only that my uranium mining company gets some sales action from these Westinghouse reactors.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
Westinghouse can make some pretty good reactors - they made a bunch for the US Navy....
Very interesting.
I thought it was announced in very recent time that Toshiba bought Westinghouse nuclear unit. I know I read it in the last issue of Forbes.
I thought it was announced in very recent time that Toshiba bought the Westinghouse nuclear power company. I know I read it in the last issue of Forbes.
From http://www.prnewswire.com/cgi-bin/micro_stories.pl?ACCT=no&TICK=WE&STORY=/www/story/10-17-2006/0004453746&EDATE
Toshiba Completes Westinghouse Acquisition
Heralds the Dawn of a New Era for Nuclear Energy
TOKYO, Oct. 17 /PRNewswire/ -- Toshiba Corporation today announced its
acquisition of BNFL USA Group Inc. and Westinghouse UK Limited
(collectively Westinghouse), following completion of the final arrangements
with British Nuclear Fuels Limited on October 16, US Eastern Standard Time.
Westinghouse Electric Company is now a Toshiba Corporation consolidated
group company.
The integration of Westinghouse into Toshiba, along with its extensive
expertise in nuclear power generation and nuclear fuel and worldwide market
presence, is of great significance in terms of taking Toshiba Group's
energy systems business to the global level. The powerful combination of
Toshiba and Westinghouse's respective strengths, complementary technologies
and businesses, will position Toshiba as the world's leading nuclear power
group, with an unrivaled business range extending to both BWR*1 and PWR*2
systems.
[story continues at URL]
Greed. Considered a sin by some.
If this had been 1938,these same corporate elitists would have been building gas chambers for Hitler.
Are you sure those 5,000 jobs will be created here, Secretary Bodman?
Nevertheless, not to worry investors of Japan and America, American taxpayer-backed Ex-Im Bank will pay if China does not. Don't ya just hate government interference -- I mean, like how can capitalism succeed. . . .
Ex-Im Bank press release
http://www.exim.gov/pressrelease.cfm/26B570EA-CA86-5AD7-1905AF49748D2881/
"The preliminary commitment [guaranteed and/or direct loans of up to almost $5 billion to support export sales to construct four nuclear power plants at two sites in the Peoples Republic of China] is being issued in conjunction with a bid by the exporters that will be delivered in response to a "Request for Proposals" issued by the Government of China. Westinghouse is proposing to utilize its groundbreaking AP1000 1000-megawatt pressurized water reactor design, which incorporates key passive safety and other features. Aggressive competition is expected from companies from other countries, along with the support of their respective governments."
What a deal, Comrade! All that power, technology transfer, jobs -- and we don't even have to pay if we don't want to! We can do a Dabhol Power plant thing!
--So, I wonder how many nuclear power plants are currently under construction in the United States. Zero?--
Most of the US plants are/have been refurbished with new major components extending their useful lifetimes. Many have also obtain power uprates above their original licensed power. Keeping a lot of grey-haired contractors that originally built the plants presently employed.
Provided the rip-offs have any kind of safety record at all, China will then proceed to sell the stolen design plus whatever modifications they made, on the open market to other countries.
Look, they've already got the bomb. A few billions in power plant technology will help the ol' trade deficit, I say.