Westinghouse Electric Co. Acquires Rolls-Royce’s North American Civil Nuclear Systems Services Business
On September 26 it was announced that Westinghouse Electric Company will acquire Rolls-Royce’s Civil Nuclear Systems and Services business in North America. The agreement will allow Westinghouse to “absorb Rolls-Royce’s civil nuclear service businesses in the U.S. and Canada, along with sites at Mondragon, France, and Gateshead, UK, which are currently part of Rolls-Royce’s Power Systems business unit.” Not included in the deal are Rolls Royce’s instrumentation and controls business in Grenoble, France, the company’s UK new build operations or small modular reactor activities. According to the article “the merger will conjoin two of the most traditionally significant nuclear businesses in the U.S. and the UK and give the two industry giants more clout in the global nuclear power operating plant services sector. It could also substantially boost growth for Westinghouse, which emerged from bankruptcy in August 2018 as a Brookfield company.”
Source: Power Magazine
United States and Romania Sign Civil Nuclear Power Agreement
The United States and Romania have signed a Memorandum of Understanding (MoU) allowing the two countries to cooperate on civil nuclear energy. U.S. Energy Secretary Rick Perry and Romanian Prime Minister Viorica Dancila signed the agreement on September 24 during the United Nations Climate Action Summit in New York. A representative from the U.S. State department stated that “this memorandum strengthens US-Romania ties in an area of cooperation that is deeply rooted in our mutual national security and strategic interests, and is supportive of our respective energy security goals…”It signals our long-term commitment to working together to develop Romania’s civil nuclear program and jointly pursue the peaceful uses of nuclear energy.” The Romanian government said that the MoU will “serve as a basis for encouraging bilateral cooperation in the promotion of state-of-the-art technologies in the nuclear field, radioactive waste management, development of the nuclear medicines sector, and research activities on the applicability of developing nuclear technologies in physics, biology, and agriculture.”
Source: World Nuclear News
Nuclear Innovation Alliance Releases Two Reports on Nuclear Innovation
The Nuclear Innovation Alliance released two important reports this week. The first report studies the challenges of the nuclear energy National Environmental Policy Act (NEPA) reviews and the second report focuses on enhancing the approval process for advanced reactor vendors. Please find links to both reports below.