Westinghouse In Talks for Role in US Nuclear Expansion Plan: FT
An illustration of Westinghouse Electric Co.'s AP 1000 Reactor.
Source: Westinghouse Electric Co.
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.