Skip to main content

Toshiba Expects 33 Reactor Orders by 2015

From the World Nuclear News:
Japan's Toshiba Corporation expects orders for at least 33 nuclear power reactors by 2015, and plans to expand all its nuclear businesses over the period to 2020, according to the company's president.

The predictions were made earlier this month in Strategies for Growth 2008, the company's outline of the business directions planned for all its divisions. In a question and answer session, the company said that 33 units could be a conservative estimate, adding "we believe it is possible that the number of orders might increase." The Toshiba presentation does not say where it expects the orders for 33 units to come from but highlights the US, China, South Africa and the UK as countries with plans for new projects and where it is making sales efforts. The company plans to more than double its current annual sales target for the nuclear division, to ¥1 trillion ($9.6 billion) in 2020. ...

Comments

Anonymous said…
With Toshiba-Westinghouse doing APWR as well as AP1000, perhaps 33 orders is possible. I wonder how many orders GE-Hitachi expects for ABWR and ESBWR?
Anonymous said…
Actually, Toshiba-Westinghouse is offering the ABWR and the AP100. Toshiba shared in the development of the ABWR and has independently built a unit in Japan. They also are providing the South Texas Project units 3 and 4. Hitachi/GE also in marketing the ABWR in the US.

Mitsubishi is selling the APWR as at Commanche Peak in Texas.

Popular posts from this blog

Activists' Claims Distort Facts about Advanced Reactor Design

Below is from our rapid response team . Yesterday, regional anti-nuclear organizations asked federal nuclear energy regulators to launch an investigation into what it claims are “newly identified flaws” in Westinghouse’s advanced reactor design, the AP1000. During a teleconference releasing a report on the subject, participants urged the Nuclear Regulatory Commission to suspend license reviews of proposed AP1000 reactors. In its news release, even the groups making these allegations provide conflicting information on its findings. In one instance, the groups cite “dozens of corrosion holes” at reactor vessels and in another says that eight holes have been documented. In all cases, there is another containment mechanism that would provide a barrier to radiation release. Below, we examine why these claims are unwarranted and why the AP1000 design certification process should continue as designated by the NRC. Myth: In the AP1000 reactor design, the gap between the shield bu...

What Happens During a Refueling Outage?

You may have noticed over the past few weeks that a number of nuclear plants are shut down for refueling outages or are resuming operations after just returning from one. This type of routine outage usually occurs in the spring or fall when electricity demand is low so that nuclear reactors can replace about one-third of the spent fuel rods with new fuel and conduct other routine maintenance and repairs at the plant. To get a better sense of how refueling works at a nuclear energy facility, I spoke with Marcus Nichol, NEI’s senior project manager for used fuel storage and transportation, and asked him to explain the basics. Why does a nuclear plant need to replace one-third of its fuel? Nichol: The main purpose of a refueling outage is to replace older fuel that is depleted—meaning it can no longer efficiently produce energy from nuclear fission reactions—with new fuel. This “used fuel” has typically been used in the reactor for four-and-a-half to six years before it is pe...

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...