Wednesday, March 14, 2007

TXU to Order Mitsubishi's APWR

From Reuters:

Mitsubishi Heavy Industries Ltd is set to receive a $5.2 billion order to build two nuclear reactors for U.S. power plant operator TXU Corp. the Nikkei business daily reported on Wednesday.

TXU said in August 2006 that it planned to file construction and operating license applications in 2008 to build two to six gigawatts of new nuclear capacity at one to three sites in Texas. The company expects the new reactors to enter service between 2015 and 2020.

This is the first company in the U.S. to announce intentions to build this type and it's the largest reactor (1,700 MW) yet. For a list of other company's new nuclear plant intentions in the U.S. click here.

1 comment:

Seth said...

David,
My name is Seth and I'm a college student. I've been doing some research on this deal.
Since the deal was finalized I would guess a lot of information would be open to public by now, but I can't seem to find any through news media. I would like to know:
1.If MNES won the deal from TXU through a bidding process (and possibly the competitors).
2.(If it were a bidding) What was the qualifications/project history that TXU required to enter the bidding?
If you know of any information regarding aforementioned questions, would you please email to skwon09@gmail.com?
Thank you very much for your help in advance!

- Seth