Westinghouse

Global Uranium Production to Increase as Prices Are Expected to Hit a 15 Year High

Retrieved on: 
Tuesday, April 2, 2024
Triple, CPS, Appaloosa, International Financial Reporting Standards, Transport, OTCQX, Party, Westinghouse, Count, Technical, International, PALM, PLS, GlobalData, Fertility, Stallion, Glacier Media, Climate change, COP28, STUD, Ice, OTCQB, FCU, Athabasca Basin, News, Handgun holster, Radioactive decay, TSX, NXE, NexGen, Mining, Conference, Growth, Conference of the Parties, Fission, FUU, BGO, Uranium mining

It added: "Kazakhstan is expected to deliver the highest uranium production growth in 2024, GlobalData says, driven by the planned higher output from the country’s largest uranium producer Kazatomprom.

Key Points: 
  • It added: "Kazakhstan is expected to deliver the highest uranium production growth in 2024, GlobalData says, driven by the planned higher output from the country’s largest uranium producer Kazatomprom.
  • The continuous ramp-up of Canada’s McArthur River uranium mine will also contribute to the global increase, it adds.
  • Despite a 5.1% dip in output in 2023 due to planned lower production from Kazatomprom, its output is expected to recover in 2024, with forecast production of 23.2kt.
  • It continued: “Meanwhile, global uranium production in 2024 will be further bolstered by continuous ramp-up of Canada’s McArthur River, which is aiming to produce 6.9kt of uranium (8.2kt of U3O8) for 2024.

Westinghouse Produces 1,000th Additive Manufacturing Component for VVER-440 Fuel

Retrieved on: 
Wednesday, March 20, 2024
Manufacturing, Other Manufacturing, Energy, Nuclear, Engineering, Westinghouse, Electricity, Multimedia, Westinghouse Electric Company, Innovation, Safety

Westinghouse Electric Company recently reached a significant milestone by manufacturing its 1,000th fuel flow plate using Additive Manufacturing (AM).

Key Points: 
  • Westinghouse Electric Company recently reached a significant milestone by manufacturing its 1,000th fuel flow plate using Additive Manufacturing (AM).
  • View the full release here: https://www.businesswire.com/news/home/20240320135503/en/
    A fuel assembly component produced through additive manufacturing.
  • “This achievement showcases the development of additive manufacturing from prototyping to full-scale production, generating tangible value for our customers,” said Lou Martínez Sancho, Westinghouse Chief Technology Officer and Executive Vice President, R&D and Innovation.
  • In 2020, Westinghouse installed the first ever safety-related AM component, a Thimble Plugging Device, into an operating commercial reactor.

Prodigy Clean Energy and Des Nëdhé Group Exploring Microreactor Transportable Nuclear Power Plants (TNPPs) for Remote Applications

Retrieved on: 
Tuesday, March 19, 2024
Other Manufacturing, Manufacturing, Nuclear, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Environment, Other Energy, Urban Planning, Utilities, Oil, Gas, Green Technology, Maritime, Alternative Energy, Transport, Energy, Philanthropy, Mining, Minerals, Foundation, Natural Resources, Electricity, MOU, Prodigy, First Nations, Indigenous peoples, Westinghouse, Small modular reactor, Economic development corporation, History, SMR, Workforce, Multimedia, Economic development

Today, in a major step toward Indigenous Economic Reconciliation, Prodigy Clean Energy and Des Nëdhé Group announce a Memorandum of Understanding to develop opportunities to power remote mines and communities in Canada utilizing Prodigy microreactor Transportable Nuclear Power Plants (TNPPs).

Key Points: 
  • Today, in a major step toward Indigenous Economic Reconciliation, Prodigy Clean Energy and Des Nëdhé Group announce a Memorandum of Understanding to develop opportunities to power remote mines and communities in Canada utilizing Prodigy microreactor Transportable Nuclear Power Plants (TNPPs).
  • View the full release here: https://www.businesswire.com/news/home/20240319500038/en/
    Conceptual illustration of Prodigy’s Microreactor Power Station™ TNPP.
  • Prodigy is collaborating with Westinghouse to develop a TNPP outfitted with the Westinghouse eVinci™ microreactor, that would be suitable for these applications.
  • “Prodigy’s microreactor TNPP offers a near-term solution to transition remote locations off of diesel,” said Mathias Trojer, President and CEO, Prodigy Clean Energy.

Westinghouse Releases Report on Economic Impact of AP1000® Deployment in Canada

Retrieved on: 
Wednesday, February 28, 2024
Nuclear, Energy, Other Energy, Engineering, Generation, Westinghouse, AP1000, CDN, GDP, Small modular reactor, PwC, The Electric Company, Employment, Economics, Westinghouse Electric Company, Gross domestic product, Watt, Renewable energy

Westinghouse Electric Company released a comprehensive, independent report today from PricewaterhouseCoopers LLC (PwC) outlining the significant economic impact for Canada by deploying four AP1000® units in Ontario.

Key Points: 
  • Westinghouse Electric Company released a comprehensive, independent report today from PricewaterhouseCoopers LLC (PwC) outlining the significant economic impact for Canada by deploying four AP1000® units in Ontario.
  • Once operational, the units would create an additional $8.1 billion in GDP and support more than 12,000 jobs annually.
  • “Our globally-deployed AP1000 reactor fleet is a licensed and proven technology that provides exceptional availability and economics across the world,” said David Durham, President of Westinghouse Energy Systems.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.

Westinghouse Welcomes Bulgarian Suppliers to Symposium to Support AP1000® Project Opportunities

Retrieved on: 
Friday, February 23, 2024
Utilities, Manufacturing, Alternative Energy, Energy, Other Manufacturing, Nuclear, Machinery, Assembly, Engineering, Generation, Kozloduy Nuclear Power Plant, Senior, Committee, Multimedia, Westinghouse, AP1000, National Assembly, The Electric Company, Westinghouse Electric Company, Parliament, Watt, Uranium mining

Westinghouse Electric Company welcomed representatives from over 50 companies to its Bulgarian Supplier Symposium this week.

Key Points: 
  • Westinghouse Electric Company welcomed representatives from over 50 companies to its Bulgarian Supplier Symposium this week.
  • The event offered a forum to engage with potential suppliers in support of the two AP1000® reactors selected by Bulgaria for the Kozloduy nuclear site.
  • Ambassador to Bulgaria), Alex Nestor (Chairman of Kozloduy New Built Company), Sean Jones (Westinghouse), and Ivan Mihaylov (CEO of Amcham).
  • Westinghouse was awarded a front-end engineering and design contract with Kozloduy NPP-Newbuild project in June 2023.

Westinghouse Awarded Contract to Evaluate AP1000® Reactors in Support of Netherlands’ Energy Future

Retrieved on: 
Tuesday, February 20, 2024
Other Energy, Utilities, Other Manufacturing, Alternative Energy, Energy, Machinery, Nuclear, Manufacturing, Generation, Multimedia, Westinghouse, AP1000, Borssele Nuclear Power Station, Carbon, TFS, Climate, The Electric Company, Electricity, Westinghouse Electric Company, Watt, Economy, Uranium mining

Westinghouse Electric Company announced today the signing of a contract with the Dutch government to conduct a Technical Feasibility Study (TFS) assessing the deployment of AP1000® reactors in support of their nuclear new-build strategy.

Key Points: 
  • Westinghouse Electric Company announced today the signing of a contract with the Dutch government to conduct a Technical Feasibility Study (TFS) assessing the deployment of AP1000® reactors in support of their nuclear new-build strategy.
  • Four AP1000 reactors are currently setting operational performance and availability records in China with eight additional reactors under construction.
  • Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear and other clean power technologies and services globally.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.

Westinghouse Congratulates Vogtle Team on First Criticality at Unit 4

Retrieved on: 
Wednesday, February 14, 2024
Alternative Energy, Energy, Nuclear, Other Energy, Utilities, Generation, Georgia Power, Third generation, Multimedia, Plant, All rights reserved, Westinghouse, AP1000, Unit, The Electric Company, Westinghouse Electric Company, Unit4, Watt, Uranium mining

Westinghouse Electric Company today congratulated Southern Company, Georgia Power, project partners and the Vogtle team for achieving the initial criticality of self-sustaining nuclear fission at Unit 4.

Key Points: 
  • Westinghouse Electric Company today congratulated Southern Company, Georgia Power, project partners and the Vogtle team for achieving the initial criticality of self-sustaining nuclear fission at Unit 4.
  • Plant Vogtle, located near Waynesboro, Georgia, is the site of the first two AP1000® reactors built in the U.S.
  • View the full release here: https://www.businesswire.com/news/home/20240214163229/en/
    Plant Vogtle Unit 4 in Georgia has reached initial criticality.
  • “We applaud the efforts and dedication of the Vogtle team as they continue working toward bringing Unit 4 online to deliver safe, reliable, competitive and clean energy for customers,” said Patrick Fragman, Westinghouse President and CEO.

Canada Rich in Uranium Resources Projected to Fuel Strong Growth for Mining Industry Over Next Five Years

Retrieved on: 
Tuesday, February 13, 2024
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Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.

Key Points: 
  • Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.
  • The industry in Canada will continue to be primarily driven by fluctuations in the prices of its underlying commodities.
  • Declining prices for molybdenum and platinum will inhibit industry growth, but be partly offset by inclines/rises in the price of uranium.
  • The prices of three of the most prominent industry products, molybdenum, platinum and uranium have all grown since 2018.

Westinghouse Initiates UK Generic Design Assessment Process for the AP300™ Small Modular Reactor

Retrieved on: 
Tuesday, February 13, 2024
Manufacturing, Energy, Nuclear, Engineering, Utilities, Multimedia, Gen, SMR, Power plant engineering, Westinghouse, AP1000, GDA, Small modular reactor, EUR, The Electric Company, Pedigree, CNP, Westinghouse Electric Company

Westinghouse Electric Company announced today it has formally submitted an application to the U.K. Department of Energy Security and Net Zero (DESNZ) for approval to enter the General Design Assessment (GDA) of the AP300™ Small Modular Reactor (SMR).

Key Points: 
  • Westinghouse Electric Company announced today it has formally submitted an application to the U.K. Department of Energy Security and Net Zero (DESNZ) for approval to enter the General Design Assessment (GDA) of the AP300™ Small Modular Reactor (SMR).
  • This is the first step in the formal licensing process within the U.K.
  • View the full release here: https://www.businesswire.com/news/home/20240213946891/en/
    The Westinghouse AP300 SMR is the only SMR based on proven, deployed nuclear technology.
  • The AP300 small modular reactor is the only SMR based on an advanced, large Generation III+ reactor already in operation globally – Westinghouse’s proven AP1000® technology, which is licensed in the U.K.

Westinghouse Welcomes UK Suppliers to Symposium for Civil Nuclear Project Opportunities

Retrieved on: 
Friday, February 9, 2024
Nuclear, Energy, Other Energy, Watt, Westinghouse, Generation, Nuclear Industry Association, Roadmap, Multimedia, Senior, The Electric Company, Lancashire County Council, AP1000, Education minister, GBN, Westinghouse Electric Company, SMR, Renewable energy

View the full release here: https://www.businesswire.com/news/home/20240209579859/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240209579859/en/
    Sean Jones, a Westinghouse Energy Systems senior director, spoke this week at the U.K.
  • (Photo: Business Wire)
    The recent publication of the Civil Nuclear Roadmap has confirmed the U.K.’s ambition to deliver 24GW of new nuclear capacity by 2050 and establish a secure and independent nuclear fuel supply chain.
  • Westinghouse also recently signed an agreement with Community Nuclear Power Ltd to deploy four AP300 SMRs in North Teesside, advancing the U.K.’s first privately financed SMR project.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.