An anonymous reader quotes an Ars Technica report: On Tuesday, Westinghouse announced that it had reached an agreement with the Trump administration that $80 billion worth of new nuclear reactors will supposedly be built in the US.. And the government indicated it had finalized plans for a collaboration between GE Vernova and Hitachi to build additional reactors. Unfortunately, at the moment there are practically no details about the agreement. The agreements were apparently negotiated during President Trump’s trip to Japan. A advertisement of these agreements indicates that “Japan and several Japanese companies” would invest “up to” 332 billion dollars in energy infrastructure. This specifically mentioned Westinghouse, GE Vernova and Hitachi. This promises the construction of both large AP1000 reactors and small modular nuclear reactors. The announcement then goes on to state that many other companies would also get a portion of that “up to $332 billion,” many of them for basic network infrastructure. The report notes that there are currently no reactors under construction and that Westinghouse’s last two projects ended in bankruptcy. According to the Financial timesThe government may share profits and ownership if the deal goes through.
Westinghouse says a nuclear deal would mean $80 billion in new reactors
