26 Nov (NucNet): Westinghouse Electric said today it had formed a new UK-based company to pursue commercial nuclear power business in the country.
Westinghouse Electric Company UK, an organisation based in Preston, will be chaired by David Bonser. Mike Tynan will serve as vice-president UK Growth Team and as the chief executive officer of Westinghouse UK.
Mr Bonser is a former executive board director of the UK’s BNFL and is currently chairman of the UK’s National Skills Academy for Nuclear and president of the European Nuclear Society. Mr Tynan was most recently managing director of Springfield Fuels Ltd for Westinghouse and is a director of the National Skills Academy for Nuclear.
Westinghouse Electric’s president and chief executive officer Aris Candris said forming the new UK company was reflective of “both the importance and imminence” of the UK’s nuclear power market.
Mr Bonser said: "Westinghouse believes that a fleet of our AP1000 reactors deployed in the United Kingdom could contribute as much as 30 billion pounds (35 billion euro; 46 billion US dollars) to the UK economy.
About half of this value would arise during construction of the fleet of plants, with the rest being delivered over the full 60-80 year period of operation."
– by John Shepherd
>>Related reports in the NucNet database (available to subscribers)
Westinghouse Signs ‘Pioneering’ UK Nuclear Build Supply Chain Agreements (World Nuclear Review No. 34, 5 September 2008)
New Nuclear Could Give UK Economy ‘GBP 30 Billion Boost’ (News in Brief No. 111, 22 September 2008)
