Westinghouse Electric Company: Difference between revisions

 

Westinghouse owns a nuclear fuel fabrication plant at [[Västerås]], [[Sweden]] which has provided nuclear fuel for Russian [[VVER-1000]] nuclear reactors. In 2000 Westinghouse started development of fuel for customers in Finland and Hungary, supported by cheap [[Export–Import Bank of the United States]] loans, but the business remained small-scale in competition from cheaper Russian suppliers.<ref name=bl-20170330>{{cite news |url=https://www.bloomberg.com/view/articles/2017-03-30/u-s-nuclear-setback-is-a-boon-to-russia-china |title=U.S. Nuclear Setback Is a Boon to Russia, China |first=Leonid |last=Bershidsky |publisher=Bloomberg |date=30 March 2017 |access-date=21 April 2017}}</ref> A 2008 contract was agreed to supply VVER-1000 fuel;<ref name=euractiv-20170227>{{cite news |url=http://www.euractiv.com/section/energy/interview/westinghouse-only-ukraine-applies-eus-nuclear-diversification-policy/ |title=Westinghouse: Only Ukraine applies EU's nuclear diversification policy |first=Georgi |last=Gotev |newspaper=EURACTIV |date=27 February 2017 |access-date=7 March 2017}}</ref> however, in trial use the fuel became deformed.<ref name=nei-20180201/> In 2015, the [[European Union]] awarded $2 million in funding to a Westinghouse-led consortium to support the development of a more competitive fuel for the Russian built reactors.<ref name=bl-20170330/><ref name=ppg-20150707>{{cite news |url=http://powersource.post-gazette.com/powersource/companies/2015/07/07/Politics-helps-commerce-for-Westinghouse-nuclear-European-Union-Russia/stories/201507070016 |title=Politics helps commerce for Westinghouse |first=Anya |last=Litvak |newspaper=Pittsburgh Post-Gazette |date=7 July 2015 |access-date=21 April 2017}}</ref> In 2018, the contract to supply VVER fuel was extended to 2025.<ref name=nei-20180201>{{cite news |url=http://www.neimagazine.com/news/newsukraine-signs-new-fuel-contract-with-westinghouse-6043909 |title=Ukraine signs new fuel contract with Westinghouse |publisher=Nuclear Engineering International |date=1 February 2018 |access-date=3 February 2018}}</ref> In 2018, Westinghouse, under a further EU-funded project, became able to also supply [[VVER-440]] fuel.<ref name=wnn-20180313>{{cite news |url=http://www.world-nuclear-news.org/UF-Westinghouse-ready-to-supply-VVER-440-fuel-1303185.html |title=Westinghouse ready to supply VVER-440 fuel |publisher=World Nuclear News |date=13 March 2018 |access-date=16 March 2018}}</ref>

 

Westinghouse also has business locations in Italy, Germany, Spain, the UK, Russia, and Bulgaria.