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The 12-foot (3.7 metre) long heat pipe manufactured by Westinghouse Electric Company in a project supported by the US Department of Energy's Advanced Reactor Demonstration Project (ARDP) is one of the largest of its kind made and will be used to support a test reactor the company aims to operate in 2026.
- Source: World Nuclear News
- Date: Tuesday, 28 February 2023
- Original article: world-nuclear-news.org/Articles/Major-component-manufacture-is-eVinci-milestone
Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.
New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.
On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.
- Source: Nucnet
- Date: Tuesday, 10 January 2023
- Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023
Cameco Corporation and Brookfield Renewable Partners, together with its institutional partners (the consortium), are forming a strategic partnership to acquire Westinghouse Electric Company. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%.
- Source: NEI Magazine
- Date: Friday, 14 October 2022
- Original article: neimagazine.com/news/newscameco-and-brookfield-renewable-to-acquire-westinghouse-10084610
There is no credible net-zero scenario in which nuclear does not grow its capacity from today, global asset management company Brookfield said in a newly released White Paper.
- Source: World Nuclear News
- Date: Tuesday, 04 October 2022
- Original article: world-nuclear-news.org/Articles/Brookfield-sees-new-dawn-for-nuclear
Bruce Power and Ontario Power Generation (OPG) have agreed to work together to support new nuclear technologies in Ontario. Building from shared experiences with their existing Candu fleets, the companies plan to collaborate on regulatory strategies and other enablers for a new nuclear fleet, as well as evaluating potential opportunities for the future deployment of small modular reactors (SMRs) and other new nuclear technologies.
- Source: World Nuclear News
- Date: Friday, 08 April 2022
- Original article: world-nuclear-news.org/Articles/Canadian-companies-collaborate-to-advance-nuclear
The fund has previously made grants to two SMR projects: CAD20m for Canada-based Terrestrial Energy to accelerate development of its integral molten salt reactor and CAD47.5m to Moltex Energy, another Canadian company. to help develop its 300 MW stable salt reactor-wasteburner (SSR-W) technology.
According to Westinghouse, eVinci is a next-generation, very small modular reactor for decentralised generation purposes including off-grid sites, remote communities, disaster recovery, industrial sites, defence facilities, marine propulsion, hydrogen generation, and water purification among others.
- Source: Nucnet
- Date: Tuesday, 22 March 2022
- Original article: nucnet.org/news/canada-awards-cad27-2m-in-funding-to-westinghouse-for-evinci-development-3-1-2022
Poland has become a focus of interest for companies seeking to develop small modular reactors (SMRs).
- Source: NEI Magazine
- Date: Tuesday, 28 September 2021
- Original article: neimagazine.com/news/newssmr-developers-look-to-poland-9111111
US-based Westinghouse Electric Company said on 3 May that it has signed a definitive agreement to acquire Laveer Engineering, a specialised nuclear engineering firm in Ontario, Canada. The acquisition will further expand Westinghouse's Candu capabilities, enabling the company to deploy its expertise to Candu reactor operators worldwide. It also brings a unique combination of tooling and nuclear plant design to Westinghouse customers.
- Source: NEI Magazine
- Date: Wednesday, 05 May 2021
- Original article: neimagazine.com/news/newswestinghouse-expands-candu-capabilities-8718864
Brookfield Business Partners is considering whether to sell Westinghouse Electric Company, the investment company's CEO, Cyrus Madon, said in a conference call with analysts on 5 February to discuss its fourth-quarter financial results. Bermuda-headquartered Brookfield completed its purchase of Westinghouse from Japan's Toshiba Corporation in August 2018. This marked Westinghouse's exit from US Chapter 11 bankruptcy protection as a restructured company.
- Source: World Nuclear News
- Date: Tuesday, 09 February 2021
- Original article: world-nuclear-news.org/Articles/Brookfield-at-a-crossroads-on-whether-to-sell-West
The UK government has outlined plans to invest £525 million ($686 million) to help develop large and smaller-scale nuclear power plants, and research and develop new advanced modular reactors.
- Source: NEI Magazine
- Date: Saturday, 21 November 2020
- Original article: neimagazine.com/news/newsuks-ten-point-plan-supports-small-and-advanced-reactors-8371307