Latest news with #reactors
Yahoo
3 days ago
- General
- Yahoo
France extends operating life of 20 nuclear power stations
France's nuclear safety authority has approved an extension to the operating life of 20 nuclear power stations to 50 years while instructing state-run electricity generator EDF to improve safety measures. The Autorité de Sûreté Nucléaire (ASNR) had in 2021 extended the operating life of 32 older model reactors to 50 years. The French nuclear fleet is made up of a current total of 57 reactors. The new extension refers to the 1,300-MW series which largely went into operation in the 1980s, some of which are nearing the end of their original operating life of 40 years. French reactors undergo a safety check every 10 years. An extension beyond 40 years is seen by the ASNR as particularly significant and as requiring the concept to be updated or for materials to be renewed. France is currently considering the construction of 14 or more new nuclear power stations, with the commissioning of the first of six planned new reactors scheduled for 2038. Only the United States generates more electricity from nuclear power.
Yahoo
08-06-2025
- Business
- Yahoo
Westinghouse pursues US nuclear expansion after Trump orders, FT says
(Reuters) -Nuclear equipment supplier Westinghouse is in talks with U.S. officials and industry partners about deploying 10 large reactors, in response to presidential executive orders, the Financial Times reported on Sunday, citing the company's CEO. President Donald Trump's executive orders, which were published on May 23, directed the government to cut down on regulations and fast-track licences for reactors and power plants to shrink a multi-year process to 18 months. Dan Sumner, Westinghouse interim chief executive, told the FT that the company was "uniquely positioned" to deliver the president's agenda because it had an approved reactor design, a viable supply chain and recent experience of building two of its AP1000 reactors in Georgia. "There is active engagement with the administration, including key points of interface with the loan programmes office, recognising the importance of financing to the deployment of the model," he told the FT. Westinghouse did not immediately respond to requests for comment outside regular business hours.
Bloomberg
08-06-2025
- Business
- Bloomberg
Westinghouse In Talks for Role in US Nuclear Expansion Plan: FT
Westinghouse Electric Co. is in discussions with US officials to deploy 10 large nuclear reactors, as it seeks a role in fulfilling President Donald Trump's ambitions to bolster America's nuclear energy capabilities, the Financial Times reported. The nuclear developer could build all 10 with its AP1000 design, Westinghouse interim Chief Executive Officer Dan Sumner told the newspaper in an interview published on Sunday, referring to Westinghouse's flagship pressurized water reactor. The projects could cost $75 billion, the newspaper said, citing estimates from investment bank TD Cowen, excluding potential delays or budget overruns.
Al Arabiya
08-06-2025
- Business
- Al Arabiya
Trump executive orders spur Westinghouse plans for 10 large US reactors by 2030
Nuclear equipment supplier Westinghouse is in talks with US officials and industry partners about deploying 10 large reactors, in response to presidential executive orders, the Financial Times reported on Sunday, citing the company's CEO. President Donald Trump's executive orders, which were published on May 23, directed the government to cut down on regulations and fast-track licenses for reactors and power plants to shrink a multi-year process to 18 months. Dan Sumner, Westinghouse interim chief executive, told the FT that the company was 'uniquely positioned' to deliver the president's agenda because it had an approved reactor design, a viable supply chain and recent experience of building two of its AP1000 reactors in Georgia. 'There is active engagement with the administration, including key points of interface with the loan program office, recognizing the importance of financing to the deployment of the model,' he told the FT. Westinghouse did not immediately respond to requests for comment outside regular business hours.
Yahoo
08-06-2025
- Business
- Yahoo
Westinghouse targets $75bn US nuclear expansion after Trump order
Westinghouse is in talks with US officials and industry partners about deploying 10 large nuclear reactors to meet the goals of President Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
