popular articles

Westinghouse signs a 20 billion CAD agreement for nuclear projects in Canada

Westinghouse and Aecon announce partnerships to develop AP1000 reactors in Canada, with an economic impact estimated at 20 billion CAD and thousands of jobs at stake.

Please share:

Westinghouse Electric Company, in partnership with the Canadian company Aecon, has signed two strategic agreements aimed at accelerating the construction of new nuclear reactors in Canada. These initiatives address the growing demand for clean energy and the need to strengthen the country’s energy security.

A cooperation strategy for AP1000 reactors

The first agreement between Westinghouse and Aecon paves the way for the construction of advanced AP1000 reactors at several sites in Canada. This reactor type is recognized for its safety and energy efficiency. Through this commitment, the two partners aim to provide significant energy capacity while boosting the local economy by utilizing Canadian resources and expertise.

Aecon, with longstanding expertise in nuclear component manufacturing, will play a central role in these projects. The company, based in Ontario, has already been involved in supplying modules for major projects in the United States, such as the Vogtle plant in Georgia.

Significant economic impacts

According to Westinghouse, each project involving four AP1000 reactors could generate an economic impact of 28.7 billion CAD on Canada’s GDP. The construction phase alone is expected to mobilize nearly 8,000 local workers, while operational activities will require 12,000 long-term jobs.

These projects are also part of Canada’s energy transition strategy, aimed at reducing carbon emissions while strengthening the resilience of the electrical grid. AP1000 reactors, already operational in several countries, offer an immediate solution to these challenges.

Strengthening Canadian industrial capacity

The collaboration with Aecon highlights Westinghouse’s commitment to integrating local partners into its projects. Aecon will use its Cambridge facility, specialized in manufacturing nuclear components, to meet the technical requirements of AP1000 reactors.

In parallel, Westinghouse has signed several agreements with other Canadian companies, such as BWXT Canada and Seaspan ULC, to strengthen its manufacturing and supply network. These partnerships will ensure the rapid and efficient execution of projects while diversifying local industrial capabilities.

A strategic vision for nuclear energy

With the recent opening of a global engineering hub in Kitchener, Ontario, Westinghouse affirms its intention to position Canada as a hub for advanced nuclear technologies. These initiatives reflect a strategic vision to address urgent energy needs while supporting local economic development.

The announcement of these agreements comes as Canada accelerates its efforts to meet climate goals and ensure a reliable energy supply. AP1000 reactors represent a key option to achieve these priorities, thanks to their ability to provide clean and sustainable energy.

Register free of charge for uninterrupted access.

Publicite

Recently published in

NANO Nuclear strengthens its board with former U.S. Department of Energy official

NANO Nuclear Energy has appointed Intel executive and former U.S. Department of Energy leader Seth Berl as an independent director to support its strategy in advanced nuclear technologies.
The Cour des comptes is calling on the French government to speed up efforts to locate storage sites for over 280,000 m³ of long-lived radioactive waste, which currently lacks an operational solution.
The Cour des comptes is calling on the French government to speed up efforts to locate storage sites for over 280,000 m³ of long-lived radioactive waste, which currently lacks an operational solution.
The French National Assembly’s Economic Affairs Committee mistakenly rejects a crucial article on France's nuclear strategy, causing significant parliamentary confusion and casting doubt on the country’s energy targets.
The French National Assembly’s Economic Affairs Committee mistakenly rejects a crucial article on France's nuclear strategy, causing significant parliamentary confusion and casting doubt on the country’s energy targets.
Czech court authorizes major $18 billion nuclear project, allowing Korea Hydro & Nuclear Power to proceed with the construction of a controversial power plant despite legal challenges.
Czech court authorizes major $18 billion nuclear project, allowing Korea Hydro & Nuclear Power to proceed with the construction of a controversial power plant despite legal challenges.

Ansaldo Energia signs strategic nuclear agreement with Uzbekistan

Italy’s Ansaldo Energia signed a memorandum of understanding with Uzbekistan’s Uzatom agency to cooperate on advanced nuclear technologies, with a focus on small modular reactors.
The US Nuclear Regulatory Commission has approved the uprated version of NuScale’s small modular reactor, paving the way for commercial deployment of compact nuclear projects in the United States.
The US Nuclear Regulatory Commission has approved the uprated version of NuScale’s small modular reactor, paving the way for commercial deployment of compact nuclear projects in the United States.
Korea Hydro & Nuclear Power signed a 26-month contract to assess a site in Uganda’s Buyende region for its first nuclear reactor, in compliance with International Atomic Energy Agency standards.
Korea Hydro & Nuclear Power signed a 26-month contract to assess a site in Uganda’s Buyende region for its first nuclear reactor, in compliance with International Atomic Energy Agency standards.
EDF is challenging the legality of the nuclear contract awarded to KHNP, citing potential South Korean state support in violation of EU rules, leading to a temporary suspension of the Dukovany II project.
EDF is challenging the legality of the nuclear contract awarded to KHNP, citing potential South Korean state support in violation of EU rules, leading to a temporary suspension of the Dukovany II project.

enCore Energy receives licence for Texas uranium project and begins construction

Canadian company enCore Energy has received regulatory approval to extend its radioactive materials licence to the Upper Spring Creek project, initiating the construction of new ISR facilities near its Rosita site.
The International Atomic Energy Agency revealed that Iran conducted undeclared nuclear activities at three sites, which could lead to a non-compliance resolution by mid-June.
The International Atomic Energy Agency revealed that Iran conducted undeclared nuclear activities at three sites, which could lead to a non-compliance resolution by mid-June.
EDF plans a new nuclear pipework factory at Cordemais by 2028, confirming the end of coal-fired power in France and the site's industrial conversion.
EDF plans a new nuclear pipework factory at Cordemais by 2028, confirming the end of coal-fired power in France and the site's industrial conversion.
Uranium Royalty Corp. invests CAD1mn ($730,000) in a 2% royalty on Forum Energy Metals’ Aberdeen project, located near one of the world’s largest undeveloped uranium deposits.
Uranium Royalty Corp. invests CAD1mn ($730,000) in a 2% royalty on Forum Energy Metals’ Aberdeen project, located near one of the world’s largest undeveloped uranium deposits.

NexGen Announces Record Uranium Discovery at Patterson Corridor East

NexGen Energy unveils exceptional assay results at the Patterson Corridor East site, with uranium intercepts among the highest concentrations globally, highlighting the growing economic relevance of this strategic area for the nuclear industry.
Nano Nuclear Energy announced a $105mn fundraising from institutional investors, bringing its total cash position above $200mn to accelerate its small-scale nuclear reactor projects.
Nano Nuclear Energy announced a $105mn fundraising from institutional investors, bringing its total cash position above $200mn to accelerate its small-scale nuclear reactor projects.
The suspension of the nuclear contract between KHNP and the Czech Republic has triggered intense reactions in South Korea, where the company and authorities express dissatisfaction with European legal and regulatory obstacles.
The suspension of the nuclear contract between KHNP and the Czech Republic has triggered intense reactions in South Korea, where the company and authorities express dissatisfaction with European legal and regulatory obstacles.
Facing growing energy demands, Indonesia has announced an ambitious nuclear program targeting 10 GW capacity by 2040, attracting interest from global industry giants to support this strategic shift towards a low-carbon economy.
Facing growing energy demands, Indonesia has announced an ambitious nuclear program targeting 10 GW capacity by 2040, attracting interest from global industry giants to support this strategic shift towards a low-carbon economy.

Washington approves launch of uranium and vanadium mine in Utah

The U.S. Department of the Interior has approved the Velvet-Wood site, the first mining project to benefit from an expedited environmental procedure aimed at strengthening national mineral security.
Blue Sky Uranium’s Ivana mining project in Argentina could begin production within three years, backed by an initial $35mn investment and an annual output capacity of 1.5 million pounds of uranium.
Blue Sky Uranium’s Ivana mining project in Argentina could begin production within three years, backed by an initial $35mn investment and an annual output capacity of 1.5 million pounds of uranium.
The German government expresses openness toward French nuclear energy, promising a technologically neutral approach despite internal divisions over recognizing nuclear as a sustainable energy within the European Union.
The German government expresses openness toward French nuclear energy, promising a technologically neutral approach despite internal divisions over recognizing nuclear as a sustainable energy within the European Union.
Donald Trump announces four executive orders to quadruple U.S. nuclear energy production within 25 years, radically accelerate regulatory approvals, secure enriched uranium supplies, and address the surging energy demands linked to artificial intelligence.
Donald Trump announces four executive orders to quadruple U.S. nuclear energy production within 25 years, radically accelerate regulatory approvals, secure enriched uranium supplies, and address the surging energy demands linked to artificial intelligence.

India approves siting of four new nuclear reactors in Rajasthan

India’s nuclear regulator has approved the siting of the Mahi Banswara project, which includes four 700 MWe PHWR reactors, reinforcing the country’s strategy of fleet-based deployment.
Emmanuel Macron is visiting Vietnam as the country expands its nuclear partnerships, signing today an agreement with the American company Westinghouse, following recent cooperation with Russia, intensifying competition in this strategic market.
Emmanuel Macron is visiting Vietnam as the country expands its nuclear partnerships, signing today an agreement with the American company Westinghouse, following recent cooperation with Russia, intensifying competition in this strategic market.
Westinghouse has signed seven new agreements with Bulgarian suppliers to support the construction of two AP1000 reactors at the Kozloduy nuclear power plant, further expanding its local industrial footprint.
Westinghouse has signed seven new agreements with Bulgarian suppliers to support the construction of two AP1000 reactors at the Kozloduy nuclear power plant, further expanding its local industrial footprint.
The Maanshan 2 reactor has been permanently disconnected from the grid, marking the end of nuclear operations in Taiwan in line with the national phase-out legislation.
The Maanshan 2 reactor has been permanently disconnected from the grid, marking the end of nuclear operations in Taiwan in line with the national phase-out legislation.

Advertising