Energy firm reveals plans to build 18 next-gen nuclear reactors around globe: ‘Delivering energy security’

Westinghouse Electric Company is working with a Finnish energy company, Fortum Corporation, to deploy an advanced AP1000 reactor.

According to a Westinghouse press release, the two companies signed an agreement to collaborate on nuclear energy development in the Nordic region.

The AP1000 reactor is a Westinghouse-designed pressurized water reactor that uses Generation III+ nuclear power. It features a passive safety system, modular construction, and a cost-effective design that’s easier to build and maintain than the alternatives, though the Union of Concerned Scientists has often urged caution against less conventional nuclear reactor types.

Under the new agreement, Fortum will conduct a two-year feasibility study. The companies will initially be focused on site evaluation, early project planning, licensing and permitting requirements, and compliance assessments.

This new business agreement is significant because it addresses a growing demand for cleaner energy in Finland and other Nordic countries.

“With the AP1000 reactor, Fortum is advancing the world’s most proven Gen III+ technology that is setting operational and performance records around the globe,” said Elias Gedeon from Westinghouse. “Not only will this AP1000 project provide clean, reliable baseload power to the Nordics, it will also deliver real economic benefits and high-quality jobs for years to come while delivering energy security.”

Although nuclear energy has unique challenges and concerns, it is a cleaner energy source than oil, coal, and gas.

Many misconceptions about nuclear power exist, yet there is no denying that this energy solution creates nuclear waste that must be carefully stored.

When used alongside renewable energy strategies such as solar and wind power, nuclear energy can help us transition to a more sustainable future. When companies work together to advance nuclear energy as a reliable power source, they can boost local economies and offer jobs while reducing local pollution.

You can contribute to cleaner power where you live by installing solar panels on your home and upgrading outdated appliances with energy-efficient models.

If you’re interested in going solar, check out EnergySage’s free tool to compare quotes from local installers and save up to $10,000. Meanwhile, Mitsubishi Electric can help you find an affordable heat pump that runs on solar energy and ensures you stay comfortable in your home year-round.