Cameco, Brookfield complete Westinghouse acquisition

November 10, 2023, 9:30AMNuclear News

Cameco, the front-end uranium mining, milling, and conversion company headquartered in Saskatchewan, Canada, is now officially a co-owner of Westinghouse Electric Company—alongside Brookfield Asset Management, its publicly listed affiliate Brookfield Renewable Partners, and its institutional partners.

Small and Advanced Reactors with Diverse Fuel Cycles Can Deliver Energy Security

July 29, 2022, 7:08AMNuclear News

Nuclear energy offers a pairing of high capacity factors and low carbon emissions unrivaled by other power sources, and advanced reactors and small modular reactors (SMRs) hold promise to deliver that power with even more efficiency and versatility. Researchers in the public and private sectors, backed by government funding through programs like the Department of Energy’s Advanced Reactor Demonstration Program and Advanced Research Projects Agency–Energy (ARPA-E), are bringing that promise closer to fulfillment by engineering solutions to open questions about advanced reactor materials and fuel cycles.

Bechtel, Toshiba partner on Polish nuclear project

June 15, 2022, 9:30AMNuclear News
Bechtel’s Ahmet Tokpinar (right) at the MOU signing ceremony with Toshiba executives Yuki Arima (left) and Kentaro Takagi. (Photo: Bechtel)

Engineering, construction, and project management firm Bechtel Corporation last week announced the signing of a memorandum of understanding with Toshiba America Energy Systems and Toshiba Energy Systems & Solutions to pursue a civil nuclear power plant project in Poland.

NuScale responds to SMR critique

June 2, 2022, 9:30AMNuclear News

A Stanford University–led research article on small modular reactors published Tuesday in Proceedings of the National Academy of Sciences (PNAS) is not sitting well with SMR developers or, for that matter, with much of the largely pro-SMR nuclear community.

Westinghouse to pay over $20 million for failed Summer project

September 2, 2021, 9:30AMNuclear News

Westinghouse Electric Company has entered into a cooperation agreement with the Department of Justice in connection with its role in the failed effort to build two AP1000 reactors at the Summer nuclear plant in Jenkinsville, S.C.