Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, February 1, 2017

Toshiba exiting the nuclear construction business

Toshiba is exiting the nuclear construction business: WSJ
Meanwhile, Westinghouse will only focus on designing nuclear reactors in the future. The company will, however, finish the construction of two nuclear ...http://www.cnbc.com/2017/01/31/toshiba-to-put-a-halt-to-nuclear-power-plant-business-ambitions.html

Report: Toshiba to stop building nuclear reactors

Atlanta Business Chronicle - ‎7 hours ago‎
Toshiba Corp. plans to stop building nuclear power plants after incurring billions of dollars in losses trying to complete long-delayed projects in the U.S., including Georgia's Plant Vogtle, the Wall Street Journal is reporting. The paper says the ...

Future of Moorside nuclear power plant thrown into doubt

ITV News - ‎6 hours ago‎
The future of a multi-billion-pound nuclear power development in West Cumbrian has been thrown into doubt by the company behind the plans. It had been hoped Moorside would bring more than 20,000 jobs to the region. Share · Tweet · Plus · Reddit ...

Toshiba to 'stop building' new nuclear plants

Yahoo Singapore News - ‎8 hours ago‎
Japan's Toshiba is set to dramatically reduce its nuclear operations and stop building new atomic power plants after suffering billion of dollars of losses on US projects, a report said. The engineering conglomerate, a once proud pillar of corporate ...

Toshiba 'reviewing' £10bn nuclear development

ITV News - ‎8 hours ago‎
The Japanese company behind a planned £10 billion nuclear development in Cumbria has thrown the future of the project into doubt. Toshiba has confirmed to ITV Border reporter Hannah McNulty that it is "reviewing the future of nuclear businesses outside ...

Prime Minister 'committed' to Moorside nuclear deal

ITV News - ‎6 hours ago‎
The Prime Minister has said the government is "committed" to ensuring the potential Moorside nuclear development in Cumbria goes ahead. Theresa May was responding to an urgent question asked in Parliament by Cumbrian MP John Woodcock. He asked ...

Toshiba's nuclear review 'huge development'

ITV News - ‎8 hours ago‎
Toshiba's review of its nuclear projects, including the proposed Moorside power plant in Cumbria, is a "huge development" according to a nuclear expert. Paul Dorfman, Founder of the Nuclear Consulting Group, told ITV Border he thinks the company will ...

Toshiba is exiting the nuclear construction business: WSJ

CNBC - ‎17 hours ago‎
Containers for new nuclear fuel rod assemblies from Global Nuclear Fuel, a joint venture of General Electric Co., Toshiba Corp., and Hitachi Ltd., are moved inside the number two reactor at Exelon Corp.'s Limerick nuclear power generating station in ...

Toshiba losing big on Plant Vogtle expansion

MyAJC - ‎20 hours ago‎
2015 photo of construction at Plant Vogtle, where two new nuclear reactors are being built, adding to two already in operation. BRANT SANDERLIN / BSANDERLIN@AJC.COM. Posted: 5:31 p.m. Tuesday, January 31, 2017 ...

Moorside nuclear power station project in doubt

Construction Enquirer - ‎11 hours ago‎
Plans to build Europe's biggest nuclear power station in West Cumbria are now in serious doubt after a key Japanese investor said it was pulling out of overseas investment. Moorside. Moorfield nuclear power station was to be the biggest in Europe with ...

Toshiba to Exit Nuclear Construction Business

Wall Street Journal - ‎Jan 31, 2017‎
Toshiba Corp. plans to stop building nuclear power plants after incurring billions of dollars in losses trying to complete long-delayed projects in the U.S., a move that could have widespread ramifications for the future of the nuclear-power industry.

WSJ: Toshiba to exit nuclear construction unit

Seeking Alpha - ‎Jan 31, 2017‎
Toshiba (OTCPK:TOSBF -0.6%) plans to stop building nuclear power plants after incurring billions of dollars in losses trying to complete long-delayed projects in the U.S., WSJ reports. The decision would deal a fatal blow to Toshiba's ambitions to ...

Nuclear power plant plans thrown into doubt

Insider Media - ‎7 hours ago‎
The proposed development of a new nuclear power plant at Moorside has been thrown into doubt by reports that one of the key players is reviewing its involvement. Toshiba will halt its nuclear construction ambitions after its Westinghouse unit incurred ...

NuGen's proposed nuclear power plant at Moorside

News & Star - ‎Jan 31, 2017‎
The future of a new Cumbrian power plant is in doubt, after one of the key players admitted it is reviewing its involvement. A spokesman for Toshiba - which holds a 60 per cent stake in Moorside developer NuGen, alongside ENGIE of France - told the ...

Still unclear on nuclear

Construction News - ‎2 hours ago‎
But is there a better word to sum up the future prospects of the country's nuclear new build programme at the moment? A watershed moment was trumpeted for the faltering programme last September, following the government's 'green light' of Hinkley Point C.

Toshiba's resolve to rebuild nuclear business put to the test

The Japan News - ‎8 hours ago‎
The Yomiuri ShimbunA corporate management crisis that could affect the future of Japan's energy policy must be averted. To restore the lost trust, a fresh start is needed through drastic restructuring. Toshiba Corp. has worked out plans to shrink its ...
 
 
 

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