On Tuesday, Westinghouse announced it had reached an agreement with the Trump administration that would reportedly see $80 billion worth of new nuclear reactors built in the US. And the government indicated it had finalized plans for a partnership between GE Vernova and Hitachi to build additional reactors. Unfortunately, there are virtually no details about the deal at the moment.
The agreements were apparently negotiated during President Trump's trip to Japan. An announcement of these agreements indicates that “Japan and various Japanese companies” would invest “up to” $332 billion in energy infrastructure. This specifically mentioned Westinghouse, GE Vernova and Hitachi. This promises the construction of both large AP1000 reactors and small modular nuclear reactors. The announcement then goes on to indicate that many other companies would also get a share of that “up to $332 billion,” many of which would be for basic network infrastructure.
So the total amount spent on nuclear reactors is not specified in the announcement or elsewhere. At the time of publication, the Department of Energy has no information on the deal; Hitachi, GE Vernova and the Hitachi/GE Vernova collaboration websites are also silent about it.
Meanwhile, Westinghouse claims it will be involved in building “at least $80 billion worth of new reactors,” a mix of AP1000 and AP300 (each named for the MW capacity of the reactor/generator combination). The company claims this will 'reinvigorate the nuclear energy industrial base'.
