
Tuesday June 27, 2006
Hitachi, GE plan to build nuclear plant in US
sg.biz.yahoo.com :
Hitachi and General Electric plan to jointly build the first nuclear power plants in the United States since the Three Mile Island accident in 1979, a Hitachi spokesman said. The Japanese and US electronics giants will construct two nuclear power reactors in the suburbs of Houston at a cost of 5.2 billion dollars if they get US approval.
President George W. Bush's administration wants to relaunch construction of nuclear reactors in the United States as the cost of crude oil is soaring near record highs due to both geopolitical and supply concerns.
Resource-strapped Japan depends on nuclear power generation for about 30% of its total electricity needs. Hitachi's rival Toshiba, a key manufacturer of nuclear power facilities in Japan, announced an agreement in February to buy the US nuclear power plant maker Westinghouse from British Nuclear Fuels (BNFL) for 5.4 billion dollars. Toshiba's acquisition, the biggest by a Japanese firm in years overseas, came amid expectations that the US nuclear market will grow strongly.
See also :
1. Toshiba agrees to buy Westinghouse for $5.4 bln
2. Toshiba plans to triple nuclear power sales
3. The atom may be the future - again
(2006-06-27 12:53:31 SGT)
[Energy]
Permalink
Most popular blog postings on lowem.log :
1. 2010 Nissan Leaf electric car specifications : 107hp, 24KWh lithium-ion batteries, 100-mile range
2. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
3. 2010 Honda Civic Hybrid preliminary specifications released
4. Singapore SIBOR rate falls to 0.69% in Jan 2009, lowest since Apr 2004
5. How to insert currency exchange rates into Google Spreadsheets
6. Singapore : Nuclear power not ruled out
7. Live spot gold price quotes chart on COMEX
8. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
Featured articles on lowem.log :
1. 2010 Honda Civic Hybrid preliminary specifications released
2. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
3. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
4. Honda, GS Yuasa JV to make lithium-ion batteries for 2010/2011 Honda Civic Hybrid
5. New efficient nanotech materials may boost enhanced geothermal power systems
6. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
7. Singapore property market recovery seen as private home sales surge 52% in Jul 2009
8. Singapore SIBOR rate falls to 0.69% in Jan 2009, lowest since Apr 2004
|