Westinghouse Is Claiming a Nuclear Deal Would See $80 Billion of New Reactors (arstechnica.com)
- Reference: 0179900898
- News link: https://hardware.slashdot.org/story/25/10/28/2334207/westinghouse-is-claiming-a-nuclear-deal-would-see-80-billion-of-new-reactors
- Source link: https://arstechnica.com/science/2025/10/westinghouse-is-claiming-a-nuclear-deal-would-see-80b-of-new-reactors/
> On Tuesday, Westinghouse announced that it had reached an agreement with the Trump administration that would [1]purportedly see $80 billion of new nuclear reactors built in the US . And the government indicated that it had finalized plans for a collaboration of GE Vernova and Hitachi to build additional reactors. Unfortunately, there are roughly zero details about the deal at the moment. The agreements were apparently negotiated during President Trump's trip to Japan. An [2]announcement of those agreements indicates that "Japan and various Japanese companies" would invest "up to" $332 billion for energy infrastructure. This specifically mentioned Westinghouse, GE Vernova, and Hitachi. This promises the construction of both large AP1000 reactors and small modular nuclear reactors. The announcement then goes on to indicate that many other companies would also get a slice of that "up to $332 billion," many for basic grid infrastructure.
The report notes that no reactors are currently under construction and Westinghouse's last two projects ended in bankruptcy. According to the [3]Financial Times , the government may share in profits and ownership if the deal proceeds.
[1] https://arstechnica.com/science/2025/10/westinghouse-is-claiming-a-nuclear-deal-would-see-80b-of-new-reactors/
[2] https://www.whitehouse.gov/fact-sheets/2025/10/28195/
[3] https://www.ft.com/content/e8a5a61c-f2d2-48d5-ad73-e9e0115cefef
SO about two reactors (Score:1)
If you look at the cost escalation of reactors in the west particularly in UK and USA then I would expect each reactor to cost $40 billion. Best they could do but unlikely would be $20 billion a reactor so they'd get four. Nothing to write home about. .
LOL profit sharing! (Score:2)
That'll be the day.
Company Name? (Score:2)
"Hitachi GE Vernova Nuclear Energy, Ltd" is afaik a single company: [1]https://www.hitachi-hgne.co.jp... [hitachi-hgne.co.jp]
[1] https://www.hitachi-hgne.co.jp/en/
Deal with the Trump administration (Score:2)
On Tuesday, Westinghouse announced that it had reached an agreement with the Trump administration
In other news, Wayne Industries announced that it has reached a licensing and cross-marketing agreement with the Joker.
I'll believe it when... (Score:2)
When Mexico pays for the entirely visible border wall and the Epstein files are released I'll congratulate Westinghouse on their totally real and tangible nuclear reactors.
How many is that? (Score:2)
I think its 4.
Re: (Score:2)
it's