U.S. Plans $80 Billion Nuclear Power Expansion

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The United States aims to embark on its most active new nuclear construction program since the 1970s. In its most high-dollar nuclear deal yet, the Trump administration in October launched a partnership to build at least $80 billion worth of new, large-scale nuclear reactors, and chose Westinghouse Electric Company and its co-owners, Brookfield Asset Management and Cameco, for the job.

The money will support the construction of AP1000s, a type of pressurized water reactor developed by Westinghouse that…



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U.S. Plans $80 Billion Nuclear Power Expansion


The United States aims to embark on its most active new nuclear construction program since the 1970s. In its most high-dollar nuclear deal yet, the Trump administration in October launched a partnership to build at least $80 billion worth of new, large-scale nuclear reactors, and chose Westinghouse Electric Company and its co-owners, Brookfield Asset Management and Cameco, for the job.

The money will support the construction of AP1000s, a type of pressurized water reactor developed by Westinghouse that…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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