Michele Kearney's Nuclear Wire

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

Thursday, February 2, 2017

Toshiba To Exit Nuclear Plant Construction Business

Toshiba To Exit Nuclear Plant Construction Business

OilPrice.com - ‎12 hours ago‎
Toshiba is preparing to put an end to its nuclear power plant construction business as part of damage control measures following a huge write-off on its U.S. nuclear operations. This is what unnamed sources close to the company told media, adding that ...http://oilprice.com/Latest-Energy-News/World-News/Toshiba-To-Exit-Nuclear-Plant-Construction-Business.html

Toshiba wants to dump shares in loss-making Westinghouse

Asahi Shimbun - ‎14 hours ago‎
Global giant Toshiba Corp. is planning to sell off a large proportion of its shares in a U.S. nuclear plant company that has incurred enormous losses. Whether Toshiba can find a buyer for the shares in the ailing Westinghouse Electric Co. is uncertain. http://www.asahi.com/ajw/articles/AJ201702020038.html

Toshiba to stop building new nuke plants

Daily Express - ‎14 hours ago‎
TOKYO: 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 ...http://www.dailyexpress.com.my/news.cfm?NewsID=115471

Japan's Toshiba may exit overseas nuclear business

Kallanish Energy (subscription) - ‎13 hours ago‎
Japan's Toshiba, owner of Pennsylvania-based nuclear power plant builder/developer Westinghouse and its CB&I Stone & Webster unit, could soon exit nuclear reactor construction outside Japan, the company's CEO said. “We focused on the nuclear ... https://www.kallanishenergy.com/2017/02/02/japans-toshiba-may-exit-overseas-nuclear-business/


Future of Moorside nuclear power plant thrown into doubt

ITV News - ‎Feb 1, 2017‎
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 - ‎Feb 1, 2017‎
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 is exiting the nuclear construction business: WSJ

CNBC - ‎Jan 31, 2017‎
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 - ‎Jan 31, 2017‎
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 ...

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.

Moorside nuclear power station project in doubt

Construction Enquirer - ‎Jan 31, 2017‎
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 ...
 

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