Print This Story  Email This Story  Save this Link View PR Newswire's RSS Feed  Blogs Discussing this News Release  Search Blogs that Mention this News Release  Click this link to view linked Bookmarking Services Click this link to view linked Blogging Services


30 Billion Pounds Sterling of Value to UK's Economy Could be Created by Westinghouse AP1000(TM)

    PITTSBURGH, Sept. 22 /PRNewswire/ -- Westinghouse Electric Company has
today published an important report outlining how the AP1000(TM) nuclear
reactor could deliver in excess of 30 billion pounds Sterling of value to
the UK's economy via their unique and mutually beneficial 'Buy Where We
Build(TM)' strategy for supply chain engagement.

    Westinghouse is the first of the reactor vendors interested in the UK
market to quantify the value that could be created in the UK supply chain
by building and operating a fleet of AP1000s(TM).

    The report, entitled 'Maximising Opportunities for the UK Supply
Chain', has been launched today at an event attended by Malcolm Wicks, the
Energy Minister and has been independently reviewed and verified by the
GMB, Prospect and Unite Trades Unions.

    David Powell, Westinghouse's UK Regional Vice President said: "A fleet
of AP1000s(TM) built and operated in the UK, using local resources and
skills is hugely positive and represents massive opportunities for local
communities over many years.

    "Westinghouse is unique because we do not have our own in-house supply
chain organisation. This means that, through our 'Buy Where We Build(TM)'
strategy we can make maximum use of the local supply chain and that creates
opportunity for everyone. Only two weeks ago we signed three groundbreaking
UK nuclear supply chain agreements with BAE Systems, Rolls-Royce and Doosan
Babcock to collaborate on work associated with bringing the AP1000(TM)
nuclear power plant to the UK."

    Secretary of State John Hutton said: "This report from Westinghouse
illustrates why I am so determined to press all the buttons to get nuclear
built in this country at the earliest opportunity. Nuclear is absolutely
indispensable for our long term energy security bringing British jobs and a
wealth of opportunities for UK manufacturers."

    Dougie Rooney, National Officer, Unite added: "The AP1000 nuclear
reactor could secure thousands of jobs and Westinghouse's strategy is
leading the campaign to develop the UK supply chain into a global player.

    "The opportunity to create up to 10,000 highly skilled jobs, reduce the
UK's dependency on energy sources from overseas and the reduction of CO2
emissions all form a compelling case to support nuclear energy."

    Westinghouse has a successful track record of localisation wherever it
operates and the modular nature of the AP1000(TM) design particularly lends
itself to this approach enabling a large proportion of the plant to be
built in UK shipyards and factories.

    Westinghouse currently operates the UK's nuclear fuel factory at
Springfields in Preston and this is where they could manufacture the fuel
for the AP1000(TM) plants in the UK, thereby securing hundreds of high
quality jobs for two generations


For further information contact: Adrian Bull (UK) Vaughn Gilbert (US) 011 44 7894 836553 1 412 491 9820 About Westinghouse Electric Company Westinghouse Electric Company, a group company of Toshiba Corporation, is the world's pioneering nuclear power company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse supplied the world's first PWR in 1957 in Shippingport, Pennsylvania. Today, Westinghouse technology is the basis for approximately half of the world's operating nuclear plants. China will build four AP1000s -- two on the Sanmen site and two on the Haiyang site. Construction on the first of these plants, at Sanmen, began in February 2008. Westinghouse has also signed two contracts to build four AP1000 nuclear power plants in the United States. The AP1000 has been identified as the new plant technology of choice for no less than a total of 10 additional nuclear plants that could be built in the United States. The AP1000 has passed all the steps for compliance with European Utility Requirements. In addition, the AP1000 is the only Generation III+ plant to receive design certification by the US Nuclear Regulatory Commission. In the UK, Westinghouse runs the Springfields site in Preston, Lancashire (where around 1500 people are employed), on behalf of the Nuclear Decommissioning Authority. The vast majority of the UK's nuclear fuel has been made at Springfields over the past 50 years.
For more information on Westinghouse, visit: http://www.Westinghousenuclear.com For pictures of AP1000, visit: http://www.westinghousenuclear.com/News_Room/image_gallery.shtm For more information on the AP1000 visit: http://ap1000.westinghousenuclear.com
SOURCE Westinghouse Electric Company




Back to Topback to top

Related links:
  • http://www.westinghousenuclear.com
  • http://ap1000.westinghousenuclear.com
  • http://www.prnewswire.com/comp/127481.html /
    CONTACT:
    Adrian Bull (UK), 011 44 7894 836553, or
    Vaughn Gilbert (US), +1-412-491-9820, both of Westinghouse
    Electric Company