New Zealand markets closed
  • NZX 50

    12,036.05
    +12.59 (+0.10%)
     
  • NZD/USD

    0.6496
    +0.0003 (+0.05%)
     
  • NZD/EUR

    0.5970
    +0.0015 (+0.26%)
     
  • ALL ORDS

    7,709.50
    +21.50 (+0.28%)
     
  • ASX 200

    7,493.80
    +25.50 (+0.34%)
     
  • OIL

    79.38
    -1.63 (-2.01%)
     
  • GOLD

    1,927.60
    -2.40 (-0.12%)
     
  • NASDAQ

    12,166.60
    +115.12 (+0.96%)
     
  • FTSE

    7,765.15
    +4.04 (+0.05%)
     
  • Dow Jones

    33,978.08
    +28.67 (+0.08%)
     
  • DAX

    15,150.03
    +17.18 (+0.11%)
     
  • Hang Seng

    22,688.90
    +122.12 (+0.54%)
     
  • NIKKEI 225

    27,382.56
    +19.81 (+0.07%)
     
  • NZD/JPY

    84.3200
    -0.0940 (-0.11%)
     

Westinghouse Ready to Deliver for the Czech Republic with Help from Bechtel

Proposal could lead to deployment of multiple AP1000® advanced reactors

CRANBERRY TOWNSHIP, Pa., November 30, 2022--(BUSINESS WIRE)--Westinghouse Electric Company today submitted its proposal to support the Czech Republic’s planned expansion of its nuclear power fleet with the AP1000® reactor, the world’s most advanced, proven nuclear reactor in operation globally.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221130005718/en/

The Westinghouse AP1000® reactor is setting operational records in China and is the only operating Generation III+ reactor with fully passive safety systems, modular construction design and has the smallest footprint per MWe on the market. Photo courtesy of Sanmen Nuclear Power Company

The bid, submitted with Bechtel Nuclear Power Company, proposes construction of one AP1000 unit at the Dukovany nuclear site, with the potential for another unit there and two additional units at the Temelin site. Westinghouse and Bechtel will partner with the Czech nuclear industry to fulfill key roles in procurement of equipment and construction of the reactors.

"We are proud to have the opportunity to expand on our long-term support of the Czech Republic’s nuclear industry," said David Durham, President, Energy Systems at Westinghouse. "As the country continues moving toward a safer, cleaner and more secure energy future, our AP1000 technology is unequaled in its ability to safely decarbonize grids on a massive scale."

"The Westinghouse-Bechtel Team offers safe, proven technology that is already licensed and operating elsewhere," said John Howanitz, President of Bechtel’s Nuclear, Security & Environmental global business unit. "We both have current, hands-on experience building a plant using Westinghouse reactors. Combined with the excellent capabilities of the Czech nuclear industry, we believe our proposal offers excellent value."

Two AP1000 units are preparing for start-up at the Plant Vogtle site near Waynesboro, Georgia, USA, as Bechtel completes construction. Nuclear fuel was loaded into the Unit 3 core in October and commercial operation is expected in the first quarter of 2023.

Earlier this month, the Polish government selected the AP1000 reactor to launch its first-ever nuclear energy program, announcing its intention to construct three units with the potential of adding three more units at a second location. The deployment of AP1000 technology in Poland will drive greater regional synergy that benefits the Czech nuclear program.

The AP1000 plant is the only operating Generation III+ reactor with fully passive safety systems, modular construction design and has the smallest footprint per MWe on the market. In addition to the reactors at the Vogtle site, four AP1000 units are currently setting operational performance records in China with four additional reactors under construction, and two more are planned. Nine units have been announced for Ukraine, and the technology is under consideration at multiple other sites in Central and Eastern Europe, the United Kingdom, and in the United States.

Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear and other clean power technologies and services globally. Westinghouse supplied the world’s first commercial pressurized water reactor in 1957 and the company’s technology is the basis for nearly one-half of the world's operating nuclear plants. Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle. For more information, visit www.westinghousenuclear.com and follow us on Facebook, LinkedIn and Twitter.

Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers’ objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.

Bechtel serves the Infrastructure; Nuclear, Security & Environmental; Energy; and Mining & Metals markets. Our services span from initial planning and investment, through start-up and operations.
www.Bechtel.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20221130005718/en/

Contacts

Media@Westinghouse.com
or
tfdesous@bechtel.com