History
2022: Agreement with Westinghouse to help build AP1000 reactors
In May 2022, Westinghouse Electric Corporation and Hyundai Engineering & Construction (E&C) signed an agreement on strategic cooperation in the construction of nuclear power plants at AP1000 reactors around the world. We are talking about generation III + reactors, the fate of which turned out to be unenviable. Numerous problems with the construction of AP1000 in the United States and China previously led to the bankruptcy of Westinghouse.
By this time, four Westinghouse AP1000 reactors had been built and commissioned in China. Two reactors are being built in the United States and should be launched in the coming months. At almost all facilities, certain problems arose that delayed the start of operation and inflated the budget. In the end, Westinghouse filed for bankruptcy and severely undermined the business of the Japanese company Toshiba, which owned its assets.
However, preliminary agreements have already been signed for the construction of these reactors in India, Poland, Ukraine and other countries.
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