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Wednesday, 07/30/2014 9:11:55 AM

Wednesday, July 30, 2014 9:11:55 AM

Post# of 3394
Westinghouse: Additional 26 reactors for China

Anya Litvak July 29, 2014 12:00 AM

Westinghouse Electric Co. may be close to a $20 billion deal with China, according to its president and CEO Danny Roderick.

Following a meeting July 21 with Chinese government nuclear leaders, Mr. Roderick walked away “with a really clear message” — China wants to commission 26 more plants using Westinghouse technology.

“We’re at the cusp of having a big wave of units authorized,” Mr. Roderick said. “What they wanted to share with us is they really want to accelerate these programs. The premier wants to accelerate nuclear to reduce coal.”

The 26 new plants, which would be slated for inland sites, would be in addition to eight coastal plants currently being negotiated between Westinghouse and China.

powersource.post-gazette
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