South Texas nuclear work difficult

Tokyo Electric Power Co. said it would be difficult to continue working to develop a Texas nuclear reactor in a joint venture between NRG Energy Inc. and Toshiba Corp.

"On the South Texas project, I think there are questions in the United States about whether it should be continued, and we, too, have financial difficulties, so it's hard to continue the project," Tokyo Electric Chairman Tsunehisa Katsumata was quoted as saying by the Reuters news agency.

Reuters said in March 2011 that work has been halted on the $10 billion proposed South Texas Project in the wake of the crisis at Tepco’s Fukushima Daiichi plant in Japan. Last year, Tepco agreed to invest $155 million for a 10 percent share in units 3 and 4 at the South Texas project.

Subscribe to Nuclear Power International magazine

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...