Westinghouse Electric, Cameco, and Brookfield Asset Management have entered into a “strategic partnership” with the U.S. government to deploy more than $80 billion for the construction of new nuclear power reactors. In a statement on Tuesday, the company said the partnership will facilitate the growth and future of the American nuclear power industry and the supporting supply chain. “Our administration is focused on ensuring the rapid development, deployment, and use of advanced nuclear technologies,” Secretary of the United States Department of Commerce Howard Lutnick said in the statement. “This historic partnership supports our national security objectives and enhances our critical infrastructure. Together with Westinghouse, we will unleash American energy. This partnership embodies the bold vision of President Trump – to rebuild our energy sovereignty, create high-paying jobs, and drive America to the forefront of the nuclear renaissance.”At the center of the new strategic partnership, at least $80 billion of new AP1000 reactors will be constructed across the United States using Westinghouse nuclear reactor technology. The new reactors are said to reinvigorate the nuclear power industrial base.Once constructed, Westinghouse said the reactors will generate reliable and secure power, including for significant data center and compute capacity that will drive America’s growth in AI. “This historic partnership with America’s leading nuclear company will help unleash President Trump’s grand vision to fully energize America and win the global AI race,” Secretary of the United States Department of Energy Chris Wright said. “President Trump promised a renaissance of nuclear power, and now he is delivering.”Ten nuclear power reactors will be constructed as part of the partnership. The Allegheny Conference on Community Development has worked to set the stage for nuclear power to grow across the world and in Pittsburgh. CEO of the ACCD, Stefani Pashman, says she’s hopeful that one of the 10 new reactors will be built in Pittsburgh, going on to say the region could see thousands of new jobs. Download the WTAE app to stay connected with breaking news. Sign up for our email newsletters to get breaking news in your inbox.
Westinghouse Electric, Cameco, and Brookfield Asset Management have entered into a “strategic partnership” with the U.S. government to deploy more than $80 billion for the construction of new nuclear power reactors.
In a statement on Tuesday, the company said the partnership will facilitate the growth and future of the American nuclear power industry and the supporting supply chain.
“Our administration is focused on ensuring the rapid development, deployment, and use of advanced nuclear technologies,” Secretary of the United States Department of Commerce Howard Lutnick said in the statement. “This historic partnership supports our national security objectives and enhances our critical infrastructure. Together with Westinghouse, we will unleash American energy. This partnership embodies the bold vision of President Trump – to rebuild our energy sovereignty, create high-paying jobs, and drive America to the forefront of the nuclear renaissance.”
At the center of the new strategic partnership, at least $80 billion of new AP1000 reactors will be constructed across the United States using Westinghouse nuclear reactor technology.
The new reactors are said to reinvigorate the nuclear power industrial base.
Once constructed, Westinghouse said the reactors will generate reliable and secure power, including for significant data center and compute capacity that will drive America’s growth in AI.
“This historic partnership with America’s leading nuclear company will help unleash President Trump’s grand vision to fully energize America and win the global AI race,” Secretary of the United States Department of Energy Chris Wright said. “President Trump promised a renaissance of nuclear power, and now he is delivering.”
Ten nuclear power reactors will be constructed as part of the partnership.
The Allegheny Conference on Community Development has worked to set the stage for nuclear power to grow across the world and in Pittsburgh.
CEO of the ACCD, Stefani Pashman, says she’s hopeful that one of the 10 new reactors will be built in Pittsburgh, going on to say the region could see thousands of new jobs.
Download the WTAE app to stay connected with breaking news. Sign up for our email newsletters to get breaking news in your inbox.