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GE Asks U.K. to Suspend Approval of Nuclear Reactor

 
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.

The U.K.'s Nuclear Installations Inspectorate, the regulator for the industry, has been assessing GE-Hitachi's reactor design alongside the latest designs of Areva SA and Toshiba Corp.'s Westinghouse Electric since July 2007. The government wants new reactors to replace older atomic facilities and coal-fired plants.
Thursday 18 September, 2008 10:33 AM
 
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