(URANIUM) Westinghouse plans to build 10 large nuclear reactors in U.S!
Key Points
Westinghouse plans to build 10 large nuclear reactors in the U.S., with construction to begin by 2030.
The company disclosed its plans during a conference on energy and artificial intelligence at Carnegie Mellon University.
Technology, energy and financial executives announced more than $90 billion of investment in data centers and power infrastructure at the conference, according to the office of Sen. Dave McCormick, who organized the event.
Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030, interim CEO Dan Sumner told President Donald Trump at a roundtable in Pittsburgh on Tuesday.
Westinghouse’s big AP1000 reactor generates enough electricity to power more than 750,000 homes, according to the company. Building 10 of these reactors would drive $75 billion of economic value across the U.S. and $6 billion in Pennsylvania, Sumner said.
The Westinghouse executive laid out the plan to Trump during a conference on energy and artificial intelligence at Carnegie Mellon University. Technology, energy and financial executives announced more than $90 billion of investment in data centers and power infrastructure at the conference, according to the office of Sen. Dave McCormick, who organized the event.
Trump issued four executive orders in May that aim to quadruple nuclear power in the U.S. by 2050. The president called for the U.S. to have 10 large nuclear reactors under construction by 2030. He ordered a “wholesale revision” of the Nuclear Regulatory Commission’s rules and guidelines.
The U.S. has built only two new nuclear reactors over the past 30 years, both of which were Westinghouse AP1000s at Plant Vogtle in Waynesboro, Georgia. The project notoriously came in $18 billion over budget and seven years behind schedule, contributing to the bankruptcy of Westinghouse.
The industry stalwart emerged from bankruptcy in 2018 and is now owned by Canadian uranium miner Cameco and Brookfield Asset Management.
Westinghouse announced a partnership with Google on Tuesday to use AI tools to make the construction of AP1000s an “efficient, repeatable process,” according to the company.
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It would be exciting to see it get done. I’m not holding my breath. One AP-1000 that came in near schedule and budget would be enough.
No thanks.