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SPRINGFIELDS, United Kingdom – September 28, 2017 — Westinghouse Electric Company today reaffirmed its commitment to delivering economic benefit to the United Kingdom through the company’s Small Modular Reactor (SMR) shared design and development model – allowing the U.K. to move from buyer to global provider of SMR technology.

Westinghouse has ambitions to create high-value, skilled U.K. jobs servicing both national and international markets through the company’s mature concept SMR design. “The U.K. is an extremely important market for Westinghouse. We believe that we can deliver even greater economic benefit to the U.K. through our nuclear new build projects, in addition to the £100m spent annually by the company in the local economy,” said Mick Gornall, U.K. Managing Director for Westinghouse. “More than 85% of our SMR’s design, licence and procurement scope can be delivered by the U.K. Additionally, the fuel would also be manufactured at our Springfields facility, in Lancashire, in the U.K. – this is a special offering that only Westinghouse, with U.K. partners, can deliver.”

Westinghouse’s Springfields nuclear licenced site, a strategic national asset for the U.K. has a proud 70-year history, currently supplying the fuel for up to 22 per cent of the U.K.’s electricity. It is here, where the fuel for the company’s AP1000® nuclear reactors and Small Modular Reactors (SMR) in the U.K. would be fabricated. Currently, Westinghouse employs 1,100 highly-skilled and experienced nuclear in the U.K., between Springfields and West Cumbria. The deployment of Westinghouse’s SMR in the U.K. would help safeguard these skills for the future, and ensure the U.K. supply chain continues to benefit from the £100m spent annually by the company in the local economy.

The AP1000 reactor design completed the U.K. Generic Design Assessment (GDA) in March 2017,resulting in a fully licensed plant ready for U.K. deployment. It is considered by many to be the safest, most efficient and reliable nuclear reactor design currently available in the world. The Generation III+ Westinghouse 225MWe SMR design benefits from sharing platforms, systems, and processes with the Westinghouse AP1000 reactor technology. There are four AP1000 units nearing completion in China, which helps provide increased delivery certainty for Westinghouse’s SMR design. The factory built modules of both the AP1000 technology and the Westinghouse SMR could be manufactured in the U.K., providing Nth of a kind economic benefits - leading to competitive generating costs.