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Westinghouse Submits Letter of Intent to Compete for US Department of Energy's Second Funding Opportunity Announcement

PITTSBURGH, April 8, 2013 – Westinghouse Electric Company today announces that it has submitted a Letter of Intent to respond to the recent Department of Energy (DOE) Funding Opportunity Announcement (FOA) to accelerate the deployment of small modular reactor (SMR) technology.

The Westinghouse SMR is a 225 MWe integral pressurized water reactor (PWR) with all primary components located inside of the reactor vessel. It is the company's next product innovation utilizing passive safety systems and proven components, as well as modular construction techniques – all realized and already licensed in the nuclear industry-leading AP1000® nuclear power plant design, the first and only Generation III+ reactor to receive Design Certification from the U.S. NRC and which is currently being built in China and the U.S. Westinghouse believes that by building upon the concepts and advances in technology achieved in the Westinghouse AP1000 reactor, the Westinghouse SMR design will provide licensing, construction and operational certainty that no other SMR supplier can match with competitive economics.

The Westinghouse/Ameren Missouri SMR team is working collaboratively to execute a proposed project having an objective of receiving from the U.S. Nuclear Regulatory Commission design certification of the Westinghouse SMR and then a combined construction and operating license for a Westinghouse SMR at Ameren Missouri's Callaway Energy Center.

Westinghouse Electric Company, a group company of Toshiba Corporation (TKY:6502), is the world's pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse supplied the world's first pressurized water reactor in 1957 in Shippingport, Pa. Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants.

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Westinghouse Electric Company
 
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