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Hitachi reviews nuclear power partnership with GE | Reuters - 0 views

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    * Hitachi looks at ways to boost global sales * May recast nuclear power JV ownership structure * Foreign sales not going as hoped -Nikkei * Europe woes delay some contracts -FT quoting president * GE says have been no discussions on changing venture Hitachi Ltd, Japan's largest electronics maker, said on Tuesday that it is reviewing the structure of its nuclear power partnership with General Electric Co, as it seeks to win more deals globally. A Hitachi spokesman did not rule out the possibility of Hitachi and GE changing their investments in their joint ventures as part of an overhaul of Hitachi's global sales network, but said nothing concrete had been discussed or decided."
Energy Net

GE Hitachi will help Polish firm on nuclear power project | StarNewsOnline.com - 0 views

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    "GE Hitachi Nuclear Energy and a major Polish power company have agreed to collaborate on an initiative to build that country's first commercial nuclear power plants, the Wilmington-based company said Friday. The result could be a major financial gain for GE Hitachi. The memo of understanding between with Polska Grupa Energetyczna is one of the first steps toward building two nuclear plants, GE Hitachi spokesman Ned Glascock said Friday."
Energy Net

INTERVIEW-GE-Hitachi eyes 9,000 MW nuclear capacity in India | Reuters - 0 views

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    GE Hitachi Nuclear Energy expects to get orders for six to eight nuclear power reactors in India, with total capacity of up to about 9,000 megawatts, once state-run nuclear firms put out orders to build reactors. GE-Hitachi Nuclear Energy, a joint venture between U.S conglomerate General Electric Co and Japan's Hitachi said it could supply its advanced boiling water reactors (ABWR) once regulatory hurdles are cleared. "The rough idea of work is ABWRs of about 9,000 megawatts at the site. That's a lot of work, but it will be spread over many years," GE-Hitachi's senior vice president Steve Hucik, in India as leader of a U.S. commercial nuclear delegation, told Reuters. India signed a nuclear pact with t
Energy Net

Chubu to sue Hitachi over turbine damage -| Reuters - 0 views

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    Japan's Chubu Electric Power Co is likely to sue Hitachi Ltd (6501.T: Quote, Profile, Research, Stock Buzz), seeking damages for the loss of earnings due to problems with a Hitachi-made turbine, a newspaper reported. Hitachi has said it will bear all the costs for repairing a broken turbine at Chubu's No. 5 nuclear unit at its Hamaoka plant in western Japan.
Energy Net

GE, Hitachi to Seek Guarantees for Nuclear Project (Update1) - Bloomberg.com - 0 views

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    General Electric Co., Hitachi Ltd. and Cameco Corp. plan to seek U.S. Department of Energy loan guarantees to help finance a venture that would use lasers to enrich uranium for nuclear fuel. GE Hitachi Global Laser Enrichment said today it completed an application to the U.S. Nuclear Regulatory Commission to build the world's first commercial uranium enrichment plant to use laser technology. The proposed development in Wilmington, North Carolina, would create as many as 300 permanent engineering and support jobs, as well as employ more than 500 workers during construction, Tammy Orr, chief executive officer of Wilmington- based GE Hitachi Global Laser Enrichment, said today in a telephone interview.
Energy Net

[News] India to supply low-cost nuclear parts for export - Global Times Forum--Discuss ... - 0 views

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    "GE Hitachi Nuclear Energy Ltd. and Westinghouse Electric Co. plan to use India as a low-cost supplier of nuclear parts for export to the U.S. and Europe, executives said on Thursday. "We see India as a very good supply chain for us to supply our world market," said Daniel Roderick, senior vice president at GE Hitachi Nuclear Energy, an alliance between General Electric Co. and Japan's Hitachi Ltd. based in Wilmington, N.C. The decision was driven by cost pressures both companies face as they prepare to build nuclear reactors in India, and it would not have been possible if the 45-nation Nuclear Suppliers Group had not lifted a three-decade global ban on nuclear trade with India last year. In order to keep costs low enough to supply cost-competitive power to India, GE Hitachi said itplans to localize up to 70 percent of production, while Westinghouse plans to use local manufacturing and labour for up to 80 percent of its India work. "
Energy Net

AFP: Hitachi plans to raise 4.6 billion dollars - 0 views

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    Japanese high-tech giant Hitachi Ltd., reeling from massive losses, said Monday that it planned to raise 415.7 billion yen (4.6 billion dollars) from investors to shore up its shaky finances. Hitachi, which makes everything from refrigerators to nuclear power systems, aims to drum up the cash by selling convertible bonds and new shares. The sprawling conglomerate has been hit hard by the global economic downturn. It is restructuring with measures including 7,000 job cuts, after losing 787.3 billion yen in the year to March 2009 -- the biggest ever loss for a Japanese manufacturer. Other cash-strapped Japanese companies are also going cap in hand to investors to bolster their capital, including electronics giant NEC.
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    Japanese high-tech giant Hitachi Ltd., reeling from massive losses, said Monday that it planned to raise 415.7 billion yen (4.6 billion dollars) from investors to shore up its shaky finances. Hitachi, which makes everything from refrigerators to nuclear power systems, aims to drum up the cash by selling convertible bonds and new shares. The sprawling conglomerate has been hit hard by the global economic downturn. It is restructuring with measures including 7,000 job cuts, after losing 787.3 billion yen in the year to March 2009 -- the biggest ever loss for a Japanese manufacturer. Other cash-strapped Japanese companies are also going cap in hand to investors to bolster their capital, including electronics giant NEC.
Energy Net

U.S. firm sheds liability for Canadian nuclear peril - The Globe and Mail - 0 views

  • Nuclear plant supplier GE Hitachi Nuclear Energy shielding finances from the risks of an accident at a Canadian nuclear station Share with friends Close Email Please enter a valid e-mail address Please enter a comma delimited list of valid e-mail addresses Other ways of sharing: Tweet this on Twitter Share on Facebook Add to Delicious Submit post to Digg.com Seed this post at Newsvine Print or License Close Print this page License this story Recommend | 11 Times   Article   Comments (29)   $(document).ready(function(){ art.dividers = $('#article-tabs li.divider'); art.allCommentsRetrieved = false; art.type = "news"; art.tinyFlash = ""; if (location.hash) { $('#article-tabs li a').each(function(i) { if (this.href.split('#')[1] == location.hash.split('#')[1]) { art.defaultSelected = i; art.tabContext = this.href.split('#')[1]; art.intialTabContext = art.tabContext; } }); if (art.intialTabContext == "video") { $('#article-rail .boxr').each(function(i,box) { box.id == "coAd" ? $(box).show() : $(box).hide(); }); } } else { if (art.type == 'picturecollection') { art.tabContext = 'photos'; } else if (art.type == 'flash') { art.tabContext = 'interactive'; } else if (art.type == 'videotabbed') { art.tabContext = 'video'; } else { art.tabContext = 'article'; } art.defaultSelected = 0; } art.isInitialWideStateRequest = function(content) { return ((content == 'photos' || (content == 'interactive' && art.tinyFlash != "true")) && (art.intialTabContext != 'undefined' && art.intialTabContext != null)); } art.initiateWideTabRequest = function(content, height) { height = height + 35; var wideName = content + '-ctr'; $('#'+wideName).addClass('selected').css({paddingTop: height+'px'}); $('#article-rail').css({paddingTop: height+20+'px'}); $('#article-relations').css({paddingTop: height+'px'}); art.intialTabContext = null; } art.controlComments = function(content) { // This is needed so the comments do NOT display twice on the comments tab if(content=='comments') { globalPluckLocation = "comments"; if (!art.allCommentsRetrieved) { globe.pluck.getComments(1,null, globalPluckOrder); art.allCommentsRetrieved = true; } $('#latest-comments').hide(); } else { globalPluckLocation = content; $('#latest-comments').show(); } } art.tabbify = function() { var selected = $('#article-tabs li.ui-tabs-selected')[0]; $(art.dividers).removeClass("right-selected").removeClass("left-selected"); $(selected).prev().addClass("left-selected"); $(selected).next().addClass("right-selected"); } art.growTabs = function(content) { $('.wide-container').removeClass('selected').css({paddingTop: 0}); var contentHeight = $('#'+content).height(); var padding = contentHeight+35; var widePdgTop = padding + 'px'; var wideName = content + '-ctr'; if (content == "interactive" && art.tinyFlash == "true") { return; } else { $('#'+wideName).addClass('selected').css({paddingTop: widePdgTop}); $('#article-relations').css({paddingTop: widePdgTop}); $('#article-rail').css({paddingTop: padding+20+'px'}); } } art.getGalleryImages = function(collectionId) { if (!art.galleryImages) { art.galleryImages = new Array(); var gimg = $("#gallery-image"); var url = "http://www.theglobeandmail.com/template/ver1-0/ajax/pictureCollectionImages.jsp"; var params = { articleId: collectionId, start: 0, version: 'gm-f' //cacheTime: '15m' }; $.ajax({ type: 'GET', url: url, data: params, dataType: 'json', success: function(json) { $.each(json.images, function(i, image) { art.galleryImages.push(image); art.galleryImages[i][0] = new Image(); art.galleryImages[i][0].src = image.src; }); // end each setTimeout(function() { $('#photo-meta p.caption', gimg).text(art.galleryImages[0].caption); $('#photo-meta p.credit em', gimg).text(art.galleryImages[0].credit); $('#photo-count', gimg).text('1 of '+art.galleryImages.length); $('img', gimg).attr({ src: art.galleryImages[0][0].src, alt: art.galleryImages[0].alt, width: art.galleryImages[0].width, height: art.galleryImages[0].height }); $('#galleryLoading', gimg).fadeOut(200, function() { $(this).remove(); $(gimg).removeClass('loading').addClass('gimg-0'); $('#gallery-controls').fadeIn(1000); $('#photo-meta',gimg).fadeIn(1000); $('img',gimg).fadeIn(1000); }); }, 200); }, error: function(XMLHttpRequest, textStatus, errorThrown) { $('#galleryLoading') .css({'background-image': 'none', 'width': '60%', 'text-align': 'left'}) .html("This gallery's images aren't loading properly. 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    Nuclear plant supplier GE Hitachi Nuclear Energy shielding finances from the risks of an accident at a Canadian nuclear station One of the world's largest nuclear plant suppliers has ordered its Canadian division to hermetically seal itself off from its U.S. parent, going so far as to forbid engineers at the U.S. wing from having anything to do with Canadian reactors. The move by GE Hitachi Nuclear Energy is spurred by concerns about liability - if an accident at a Canadian plant spreads damage across the border, Americans might be able to sue the parent company. The result is a Canadian company cut off from the technical advances of its parent, a leading player in the industry. The company also won't allow any equipment built or designed by the U.S. parent to be used in Canadian reactors for the same reason.
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    Nuclear plant supplier GE Hitachi Nuclear Energy shielding finances from the risks of an accident at a Canadian nuclear station One of the world's largest nuclear plant suppliers has ordered its Canadian division to hermetically seal itself off from its U.S. parent, going so far as to forbid engineers at the U.S. wing from having anything to do with Canadian reactors. The move by GE Hitachi Nuclear Energy is spurred by concerns about liability - if an accident at a Canadian plant spreads damage across the border, Americans might be able to sue the parent company. The result is a Canadian company cut off from the technical advances of its parent, a leading player in the industry. The company also won't allow any equipment built or designed by the U.S. parent to be used in Canadian reactors for the same reason.
Energy Net

Bloomberg.com: GE-Hitachi Likely to Miss Turkish Nuclear Deadline - 0 views

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    General Electric Co., the world's biggest maker of power generation equipment, still plans to submit a bid to build Turkey's first nuclear power plant even though it will probably miss a Sept. 24 government deadline. GE's nuclear venture with Hitachi Ltd., Japan's third- largest builder of atomic plants, is working on a bid with partners Turkey's Haci Omer Sabanci Holding AS and Spain's Iberdrola SA, Jack Fuller, GE Hitachi Nuclear Energy's chief executive officer, said in an interview.
Energy Net

NRC - NRC Accepts GE-Hitachi Application for Uranium Enrichment Facility in North Carolina - 0 views

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    The Nuclear Regulatory Commission has accepted for formal review an application by General Electric-Hitachi Global Laser Enrichment for a license to construct and operate a uranium enrichment plant using laser technology in Wilmington, N.C. GE-Hitachi submitted the application in two stages: an environmental report, submitted on Jan. 30, and a safety report, tendered on June 26. The NRC staff has completed an initial acceptance review and determined that the application is sufficiently complete for the agency to begin its formal licensing reviews. The agency has already requested additional information from the applicant, and additional requests are possible throughout the licensing review. Acceptance of the application for review does not indicate whether the Commission will issue a license.
Energy Net

GE Hitachi advances new nuclear reactor design | Green Business | Reuters - 0 views

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    GE Hitachi Nuclear Energy said on Wednesday it has submitted the revised design documents for its Economic Simplified Boiling Water Reactor (ESBWR) to the U.S. Nuclear Regulatory Commission. GE Hitachi said the submission marks a milestone in the company's effort to move forward with the 1,520-megawatt design which two U.S. utilities have selected to use for two new nuclear plants, some of the first reactors proposed after a three-decade lapse in U.S. nuclear expansion. Two other U.S. utilities dropped the ESBWR design fearing that the time needed to obtain NRC certification would slow their efforts to pursue construction of new reactors.
Energy Net

Toshiba, Hitachi, Tokyo Electric to Form Japan Nuclear Venture - Bloomberg - 0 views

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    "Toshiba Corp., Hitachi Ltd. and Tokyo Electric Power Co. are among six Japanese companies that will form a joint venture to sell nuclear reactors and technology to Vietnam and other countries. The group, which includes Mitsubishi Heavy Industries Ltd., Chubu Electric Power Co. and Kansai Electric Power Co., will seek financial assistance from the trade ministry, they said in a joint statement yesterday. The companies have set up an office ahead of forming the venture this autumn. Japan is holding talks for nuclear cooperation treaties with India, Jordan, and Russia and has had preliminary discussions with Vietnam. The trade ministry will work to speed negotiations for the treaties, which are necessary for Japanese companies to export nuclear technology, the ministry said in a statement yesterday. "
Energy Net

URS gets contract for new Texas nuclear project | Markets | Markets News | Reuters - 0 views

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    URS Corp said on Thursday it had been chosen by Hitachi for an engineering, procurement and construction contract for a new nuclear project in Victoria County, Texas. The project for Exelon Corp (EXC.N), the largest U.S. nuclear plant operator, includes two 1,350-megawatt reactors based on the Advanced Boiling Water Reactor design from GE Hitachi Nuclear Energy (GE.N) (6501.T). URS Chief Executive Martin Koffel, announcing the deal on a conference call to discuss the company's quarterly results, said he was not in a position to provide further details.
Energy Net

N-plant pipe data falsified : National : DAILY YOMIURI ONLINE (The Daily Yomiuri) - 0 views

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    Hitachi Ltd. and Hitachi-GE Nuclear Energy Ltd. announced Monday that they had found falsified data in the inspection records of components they manufactured for use in nuclear power plants. The falsified data related to the welding of pipes to moisture separator reheaters manufactured by the companies for use in the No. 5 reactor of Chubu Electric Power Co.'s Hamaoka nuclear power plant in Omaezaki, Shizuoka Prefecture, and the No. 3 reactor of Chugoku Electric Power Co.'s Shimane nuclear power plant, which is under construction, in Matsue.
Energy Net

UPDATE: GE Hitachi To Resubmit Reactor Design To UK In 2011 - WSJ.com - 0 views

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    -U.S.-Japanese joint venture GE Hitachi Nuclear Energy expects to resubmit its nuclear reactor design into the U.K. regulatory process in 2011, after it completes the process in the U.S., the company's senior vice president told Dow Jones Newswires on Thursday. Once the reactor design clears the U.K. regulatory process, the company expects to be able to have its first nuclear reactor in operation by 2020, Danny Roderick said. "We believe we could have it licensed in the U.K. before 2014,"
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    -U.S.-Japanese joint venture GE Hitachi Nuclear Energy expects to resubmit its nuclear reactor design into the U.K. regulatory process in 2011, after it completes the process in the U.S., the company's senior vice president told Dow Jones Newswires on Thursday. Once the reactor design clears the U.K. regulatory process, the company expects to be able to have its first nuclear reactor in operation by 2020, Danny Roderick said. "We believe we could have it licensed in the U.K. before 2014,"
Energy Net

NRC: Draft Environmental Impact Statement for the Proposed GE-Hitachi Global Laser Enri... - 0 views

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    "On January 30, 2009, General Electric (GE)-Hitachi Global Laser Enrichment LLC (GLE) submitted an environmental report to the U.S. Nuclear Regulatory Commission (NRC) for a license to construct, operate, and decommission the GLE Global Laser Enrichment Facility. The proposed GLE Facility would be located in the North-Central Sector of the existing GE property near Wilmington, North Carolina. The proposed GLE Facility, if licensed, would enrich uranium for use in commercial nuclear fuel for power reactors. Feed material would be comprised of non-enriched uranium hexafluoride (UF6). GLE would employ a laser-based enrichment process to enrich uranium to up to eight percent uranium-235 by weight, with an initial planned maximum target production of six million separative work units (SWUs) per year. GLE expects to begin preconstruction activities in 2011. If the license is approved, GLE would expect to begin facility construction in 2012, and continue some construction activities through 2017. GLE anticipates commencing initial production in 2013 and reaching peak production in 2017. Prior to license expiration in 2052, GLE would seek to renew its license to continue operating the facility, or plan for the decontamination and decommissioning of the facility per the applicable licensing conditions and NRC regulations. The proposed GLE Facility would be licensed in accordance with the provisions of the Atomic Energy Act. Specifically, an NRC license under Title 10, "Energy," of the U.S. Code of Federal Regulations (10 CFR) Parts 30, 40, and 70 would be required to authorize GLE to possess and use special nuclear material, source material, and byproduct material at the proposed GLE site."
Energy Net

Dominion unable to reach nuclear deal with GE Hitachi | Reuters - 0 views

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    Dominion Resources Inc (D.N) has been unable to reach an agreement with GE Hitachi to pursue development of a new nuclear plant in Virginia, a spokesman said on Friday. Jim Norvelle said Dominion has decided to open a competitive bidding process to select a new engineering, procurement and construction partner for a proposed single new reactor at the North Anna nuclear station in Virginia.
Energy Net

Nuclear Project Hits Obstacle As Exelon Balks - WSJ.com - 0 views

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    GE Hitachi Nuclear Energy has a problem with its latest nuclear reactor: getting someone to build it. A decision by Exelon Corp. to drop the next-generation GE Hitachi reactor at the Chicago firm's proposed Texas nuclear project casts a shadow over the design that, so far, exists only on paper and is mired in a difficult certification process at the Nuclear Regulatory Commission.
Energy Net

Entergy seeks license for new nuclear power plant in Louisiana - 0 views

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    Entergy on Thursday filed an application for a combined construction permit-operating license for a 1,520-MW GE-Hitachi nuclear unit at its River Bend site in Louisiana. The application marks the company's second COL request. Entergy in February submitted an application for an new reactor that would also be supplied by GE-Hitachi at its Grand Gulf site near Port Gibson, Mississippi.
Energy Net

Bloomberg.com: GE Asks U.K. to Suspend Approval of Nuclear Reactor - 0 views

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    General Electric Co.'s nuclear venture with Hitachi Ltd. asked the U.K. to temporarily halt the process of assessing the company's latest reactor design and will focus its efforts on getting U.S. approval instead. GE-Hitachi requested the suspension of the assessment of its so-called Economic Simplified Boiling Water Reactor and will now focus its resources on a design certification process in the U.S., spokeswoman Elizabeth Kuronen said today by phone from Wilmington, North Carolina.
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