Sensing Nuclear Power in United States Δ 3rd of January 2014 Ω 6:00 AM

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~ Georgia Power ~ Luminant ~ sense for Ξ	~ Mitsubishi Nuclear Energy Systems ~ sense for Ξ ~ CH2MHILL	~ Power Shares ~ Nuclear Regulatory Commission ~ sense for Ξ
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«Nuclear Power Sensing	Θ	Θ
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~ Georgia Power

»Georgia Power

News:
»Westinghouse strikes deal to build US nuclear power plants
ξ Westinghouse Electric, a unit of the Japanese Toshiba Corp. struck a deal with Georgia Power
ξ to build two nuclear power plants in the southern United States, the first such projects in 30 years
ξ two Westinghouse AP1000 power plants would be built at a site near Augusta, Georgia
ξ which already had two existing nuclear reactors,
ξ came days after the 29th anniversary of a major US nuclear accident at Three Mile Island.
ξ Westinghouse chief executive Steve Tritch described the deal as evidence that
ξ the "nuclear renaissance has moved beyond the planning stage" and said
ξ it would "ensure that the United States will have the power it will need to support long-term economic growth."
ξ The Shaw Group said the nuclear division of its Power Group and Westinghouse Electric Company had been awarded
ξ an engineering, procurement and construction (EPC) contract by Georgia Power Company
ξ to build the reactors at the existing Vogtle Electric Generating Plant site near Augusta, Georgia.
ξ The two AP1000 units will have an electric generating capacity of 1,100 megawatts and
ξ are expected to be built by 2016 and 2017 respectively.
ξ "Nuclear energy is vital for the future of our nation's electricity supply system as the demand for clean, reliable and cost-effective power continues to soar,"
ξ said J.M. Bernhard, Shaw's chairman, president and chief executive officer.
ξ "We applaud Georgia Power for its leadership role in choosing new nuclear power and
ξ the world's most advanced reactor technology as part of its balanced supply portfolio approach to meeting future electricity needs."
ξ The financial details of the deal were not disclosed.
ξ No nuclear power plants have been built in the United States since 1978, and
ξ the accident at Pennsylvania's Three Mile Island nuclear facility in 1979 effectively put a halt to the country's civilian nuclear energy program.
ξ A malfunction in the cooling unit of the nuclear power plant caused the reactor's core to overheat,
ξ raising concerns of a massive radiation spill.
ξ No deaths were caused by the incident, which nevertheless sparked stricter federal controls.
ξ The nuclear scare turned the country's attention toward safer yet more polluting sources of energy,
ξ such as natural gas and coal, which are blamed for high levels of greenhouse gas emissions contributing to climate change.

Companies involved:
»Westinghouse
»Toshiba
»Shaw Group

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~ Luminant

»Luminant

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~ Mitsubishi Nuclear Energy Systems

»Mitsubishi Nuclear Energy Systems

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~ CH2MHILL

»CH2MHILL
ξ in UAE with >»Thorium Power

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~ Power Shares Global Nuclear Energy Portfolio

»Power Shares Global Nuclear Energy Portfolio

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~ United States Nuclear Regulatory Commission

»United States Nuclear Regulatory Commission

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