Wednesday, June 27, 2007

Toshiba Close to Deal With NRG on Texas Reactors

Details from Reuters.

4 comments:

Anonymous said...

So much for competition in the US. Any chance that Toshiba will also be building Areva EPRs in the US? I smell anti-trust lawsuits due to unfair competitive practices.

Stewart Peterson said...

How's that an unfair practice? They could have signed a contract with Areva and gotten full life-cycle services just as easily.

Anonymous said...

They are getting all of the AP1000 sales in the US (12 reactors at 6 sites from a COL standpoint), not to mention the four AP1000 sales in China, and now they are getting two of the BWR sales in the US (2 reactors at 1 site). Thus far, GE is only left with ESBWR sales in the US (3 reactors at 3 sites), unless Toshiba comes in and sells those to Entergy and Dominion at razor thin margins just to run GE out of town. The US will be dominated by Toshiba in the nuclear world. Everyone else will be striving to be "Apple" at best in terms of market share. Toshiba is too large with too much market power at this stage.

Anonymous said...

Isn't it ironic that after spending so much money to aquire Westinghouse, the first reactor that Toshiba may build is a GE design?