Exec: Mitsubishi, Hitachi Open to Nuclear Power Cooperation
In
an interview published Saturday, Mitsubishi Heavy Industries President
Hideaki Omiya said a recent partnership with Hitachi may lead to further
cooperation on nuclear power.
The
Japanese firms announced a joint venture last week that merges their
fossil power generation businesses, with MHI owning 65 percent of the
new company. The deal did not involve the 
companies'
nuclear divisions, but in an interview with the Asahi Shimbun, Omiya
described nuclear power as a potential area of future cooperation. He
noted that the new fossil venture will encompass steam turbine
technology also used at nuclear plants, and further cooperation could
potentially offer the companies' nuclear customers both pressurized
water reactors and boiling water reactors.
Such a partnership would further consolidate the market for reactor manufacturers. General Electric currently partners with Hitachi to produce its generation III reactors, and Areva has a partnership with Mitsubishi. Westinghouse, based in the U.S., is a subsidiary of Toshiba. http://nuclearstreet.com/nuclear_power_industry_news/b/nuclear_power_news/archive/2012/12/04/exec_3a00_-mitsubishi_2c00_-hitachi-open-to-nuclear-power-cooperation-120401.aspx
The
Japanese firms announced a joint venture last week that merges their
fossil power generation businesses, with MHI owning 65 percent of the
new company. The deal did not involve the 
companies'
nuclear divisions, but in an interview with the Asahi Shimbun, Omiya
described nuclear power as a potential area of future cooperation. He
noted that the new fossil venture will encompass steam turbine
technology also used at nuclear plants, and further cooperation could
potentially offer the companies' nuclear customers both pressurized
water reactors and boiling water reactors.Such a partnership would further consolidate the market for reactor manufacturers. General Electric currently partners with Hitachi to produce its generation III reactors, and Areva has a partnership with Mitsubishi. Westinghouse, based in the U.S., is a subsidiary of Toshiba. http://nuclearstreet.com/nuclear_power_industry_news/b/nuclear_power_news/archive/2012/12/04/exec_3a00_-mitsubishi_2c00_-hitachi-open-to-nuclear-power-cooperation-120401.aspx
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