Westinghouse President and CEO Statement on U.S. NRC Granting COL to SCE&G

Mar 30, 2012, 14:30 ET from Westinghouse Electric Company

PITTSBURGH, March 30, 2012 /PRNewswire/ -- The following statement is attributable to the President and CEO of Westinghouse Electric Company, Dr. Aris Candris:

"Today, as I end my professional career and tenure as president and CEO of Westinghouse Electric Company, I applaud the U.S. Nuclear Regulatory Commission's decision to grant South Carolina Electric & Gas (SCE&G) a combined construction and operating license (COL). I join with Westinghouse employees around the world in congratulating SCE&G on receiving its COL for two new AP1000® units at its VC Summer site.  Now, a workforce of thousands can fully begin safety-related construction on the new units and South Carolinians can look forward to a new generation of safe, clean and reliable baseload electricity. 

"Thirty-seven years ago when I started my career in the nuclear industry, I truly believed then, as much as I do now, that nuclear energy must play a major role in supplying the baseload electricity that will contribute to sustainable, global economic growth.  With COLs now in place for two U.S. utilities to build four AP1000 units, it is a clear affirmation that nuclear energy will continue to play an important role in the energy mix of this country, now and in the future.  Further, it solidifies the AP1000 design's foundational role as the preeminent technology of choice in the United States and around the world.

"Westinghouse looks forward to working with South Carolina Electric & Gas, Southern Nuclear and our consortium partner Shaw in continuing to make the nuclear renaissance an absolute reality here in the States."

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, including 60 percent of those in the United States.


SOURCE Westinghouse Electric Company