What will Westinghouse's bankruptcy mean for its nuclear projects in the U.S.?
Westinghouse is one of the biggest names in nuclear energy around the world, and has been working on four new U.S. nuclear plants for years. Those South Carolina and Georgia-based projects have already run some $8 billion over budget. Now, Westinghouse has declared bankruptcy. This raises big questions about whether there’s a place for more […]
Westinghouse Electric Company, the nuclear energy firm based in Pittsburgh, filed for Chapter 11 bankruptcy Wednesday. Westinghouse is owned by the Japanese company Toshiba and has been running several years late and billions of dollars over budget in its construction on several nuclear reactors in the southern United States. Click the above audio player to […]