Energy futureWestinghouse wins $200 million Watts Bar contract

Published 24 January 2008

The rising price of oil and anxiety about global warming make nuclear power generation more attractive; companies servicing the nuclear power industry benefit

Nuclear power is gaining favor as the price of all rises and concern about the environment grows. Companies servicing the nuclear power industry benefit: Westinghouse Electric Company has won a contract valued at $200 million for scope in support of the TVA Watts Bar Nuclear Plant Unit 2, located near Spring City, Tennessee. Work to be carried out by Westinghouse, a Toshiba-owned company, includes the supply of new reactor coolant pumps, steam generator services, crane replacement and upgrades, licensing services and safety analysis. According to Westinghouse, once it is completed, Watts Bar Unit 2 will provide more than 1,200 MW of electricity.

The Watts Bar Unit 2 is expected to begin commercial operation by early 2012.