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Westinghouse Signs Deal to Build 4 Nuclear Reactors in China
Fox/AP ^ | December 16, 2006

Posted on 12/16/2006 12:20:01 PM PST by pleikumud

BEIJING — China and the United States on Saturday signed an agreement that paves the way for Westinghouse Electric Co. to build four civilian nuclear reactors in China, a multibillion dollar coup for U.S. business over French and Russian competitors.

A memorandum of understanding supporting the transfer of nuclear technology to China was signed by China's Minister for the National Development and Reform Commission Ma Kai and U.S. Energy Secretary Samuel Bodman.

"This is an exciting day for the U.S. nuclear industry," Bodman said at the ceremony. "It is an example that if we work together we can advance not only our trade relations but also our common goal of energy security."

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: china; congressfailures; congressmorons; foreignoil; nuclear; oildependence; power; unitedstates
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So, I wonder how many nuclear power plants are currently under construction in the United States. Zero?
1 posted on 12/16/2006 12:20:03 PM PST by pleikumud
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To: pleikumud

There are eight in planning stages, permits, etc. I hope only that my uranium mining company gets some sales action from these Westinghouse reactors.


2 posted on 12/16/2006 12:21:34 PM PST by RightWhale (RTRA DLQS GSCW)
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To: pleikumud
We're helping another nuclear power build more civilian reactors? yawn>

"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

3 posted on 12/16/2006 12:22:10 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: goldstategop
We're helping another nuclear power build more civilian reactors? yawn>

maybe there's aren't as good as ours... yet....
4 posted on 12/16/2006 12:23:46 PM PST by Third Order
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To: pleikumud

Westinghouse can make some pretty good reactors - they made a bunch for the US Navy....


5 posted on 12/16/2006 12:23:56 PM PST by Ken522
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To: pleikumud
Yeah, it is a pity. Americans have designed and built some absolutely brilliant reactors like the Gas turbine modular helium reactor but we refuse to make the insurance costs reasonable to construct civilian power plants.
6 posted on 12/16/2006 12:25:28 PM PST by burzum (Despair not! I shall inspire you by charging blindly on!--Minsc, BG2)
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To: RightWhale

Eight in planning stages! Wow, isn't that impressive? Our dependence on foreign oil is a major weakness, yet we have no nuclear plants under contruction? (Thanks to our Congressmorons of both major parties.)


7 posted on 12/16/2006 12:27:46 PM PST by pleikumud
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To: pleikumud

Nearly half of them are by one power company, one of the best power companies in America.


8 posted on 12/16/2006 12:29:02 PM PST by RightWhale (RTRA DLQS GSCW)
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To: RightWhale

Which power compnay is that?


9 posted on 12/16/2006 12:31:42 PM PST by pleikumud
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To: pleikumud

Very interesting.


10 posted on 12/16/2006 12:31:53 PM PST by rjp2005 (Lord have mercy on us)
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To: pleikumud

Duke


11 posted on 12/16/2006 12:32:45 PM PST by RightWhale (RTRA DLQS GSCW)
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To: pleikumud

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.


12 posted on 12/16/2006 12:34:59 PM PST by bert (K.E. N.P. Rozerem commercials give me nightmares)
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To: pleikumud

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.


13 posted on 12/16/2006 12:35:40 PM PST by bert (K.E. N.P. Rozerem commercials give me nightmares)
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To: Third Order
Sad to say, but there's will be FAR BETTER than ours.

It's a new kind of reactor called a "Pebble Bed" reactor, or something.

The libs have fixed it so we can't even TRY this (super safe) stuff here.

14 posted on 12/16/2006 12:39:58 PM PST by gaijin
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To: bert

Looks like you're right. http://atomicinsights.blogspot.com/2006/09/ge-considering-impacts-of-toshibas.html


15 posted on 12/16/2006 12:40:10 PM PST by pleikumud
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To: pleikumud

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]


16 posted on 12/16/2006 12:42:00 PM PST by Lessismore
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To: gaijin

A major example of the Failure of the Republican Party, when it controlled the House, Senate and White House, to address the energy problem. Instead of acting like leaders they spent their time trying to please the lunatic left. Republicans are gutless.


17 posted on 12/16/2006 12:47:42 PM PST by pleikumud
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To: pleikumud

OK, having established that fact, we now have a big money consortium and best of the best working togrther to conquer the nuclear.

There are several projects on the boards on the USA. I had a hand in the construction of several TVA nuc units. Back last winter I was talking with a much younger guy with nuclear project background who had been approached by someone digging up the old guys to actually begin the field construction work.

That was a positive indication that some one here is making some pretty intensiv prepertion for actualllygetting the new work done.


18 posted on 12/16/2006 12:48:10 PM PST by bert (K.E. N.P. Rozerem commercials give me nightmares)
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To: pleikumud
I'm pretty sure they greased the skids for new nuclear work. They not only revised some rules but they got the envirowackos to acquiesce. A major Green came out infavor of nucpower saying it was less harmful than coal or gas fired units.
19 posted on 12/16/2006 12:51:01 PM PST by bert (K.E. N.P. Rozerem commercials give me nightmares)
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To: bert

Since there apparently are no new nuclear power plants currently under construction in the U.S., I'd say whatever our Congressmorons did was too little, too late. There ought to be a dozen under contruction by now, instead of ZERO. Pathetic.


20 posted on 12/16/2006 12:53:38 PM PST by pleikumud
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