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18 December 2006 -- China has chosen U.S.-based Westinghouse technology for its multi-billion dollar nuclear power plans, leaving French nuclear supplier Areva and Russian competitors behind in the international nuclear power race.
Westinghouse Electric Co. and its consortium partner, The Shaw Group, Inc., publicly thanked China's State Nuclear Power Technology Company (SNPTC) for selecting the Westinghouse AP1000 as the technology basis for four new nuclear power plants to be constructed at the Sanmen and Yangjiang sites.
"Westinghouse is certainly pleased that China has selected the AP1000, the very same advanced plant design that is the technology of choice for most of the new plant programs announced to date in the United States," said Steve Tritch, Westinghouse President and CEO. "We now look forward to working with our Chinese customer to negotiate final contract details so that we can formally implement this forward-looking new build program."
Mr. Tritch also said that Westinghouse, a group company of Toshiba Corp., will work with SNPTC to forge a long-term relationship that will be in the best interests of all parties, including the citizens and governments of the Peoples Republic of China and the United States.
Westinghouse said the selection of the AP1000 would create or sustain 5,000 design, engineering and manufacturing jobs throughout the United States. These jobs will help to load Westinghouse design and manufacturing facilities in Pennsylvania, New England, South Carolina and Utah. Additional jobs will be created at U.S.-based suppliers in at least 20 states, including at major architectural, design and construction organizations. Included are projected jobs in Massachusetts, New Jersey, North Carolina, and Louisiana for Shaw.
Mr. Tritch also said the benefits are long-term in nature. "Approximately one-half of the scope for these first four plants will be sourced from within China," he said. "Over time, though, as Westinghouse wins additional contracts for new plant work in China, additional scope will be sourced in-country. However, Westinghouse, our U.S. supplier base and our consortium partners will continue to benefit much as we do now in the Republic of Korea, where recent new plant awards from that country's maturing industry still provide about US$100 million per plant in U.S. scope."
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