InvestorsHub Logo
Followers 141
Posts 35147
Boards Moderated 4
Alias Born 08/24/2003

Re: 3xBuBu post# 233

Monday, 11/24/2014 12:59:38 PM

Monday, November 24, 2014 12:59:38 PM

Post# of 318
Tripartite agreement on third Turkish plant

Westinghouse Electric Company, China's State Nuclear Power Technology Corporation (SNPTC) and Turkish power company Elektrik Üretim AS (EÜAS) have signed an agreement to begin exclusive negotiations to develop and construct a four-unit nuclear power plant in Turkey.

Westinghouse and SNPTC have a long history of close collaboration on AP1000-based nuclear reactor technology. In addition to the first four AP1000 units under construction at Sanmen and Haiyang in China, China's own CAP1400 reactor has evolved from the Westinghouse design.

With Chinese intellectual property rights and backed by full fuel cycle capability, the CAP1400 is central to Chinese policy aims to become an exporter of nuclear technology. A site at Shidaowan in Shandong province is being prepared for the start of construction of the first CAP1400.

Meanwhile, in addition to the four Chinese units, AP1000s are under construction at Vogtle and VC Summer in the USA. The reactor is also being considered for construction at Moorside in the UK and at Kozloduy in Bulgaria.

Work is expected to start next year on Turkey's first nuclear power plant, four VVER-1200 units to be built at Akkuyu. Rosatom will build, own and operate the plant as part of a long-term power purchase agreement. A second plant of four Atmea 1 reactors, designed by Areva and Mitsubishi Heavy Industries, is pencilled in for construction at Sinop.

http://www.world-nuclear-news.org/NN-Tripartite-agreement-on-third-Turkish-plant-2411147.html


The Chinese nuclear regulator has approved the preliminary safety analysis report of the CAP1400 reactor design following a 17-month review.

http://www.world-nuclear-news.org/NN-CAP1400-preliminary-safety-review-approved-0909145.html


My post is for my entertainment, do your own DD before pushing your
buy/sell buttons