<div id="readability-page-1"><div>Brookfield announcedthat it has formed a partnership with The Nuclear Company (TNC), to create a new company for developing Westinghouse reactor technology.This new company, which remains unnamed, is being positioned as a world-leading nuclear project execution company.A few weeks ago, we coveredhow Bloomberg anticipated an announcement for new AP1000s. But it appears TNC is focusing the JV's efforts, in the near term, on the possible restart and completion of the two AP1000 reactors at VC Summer in South Carolina.Westinghouse originally attempted to construct the two large reactors in 2017, but eventually canceled the project after costs spiraled out of control. Brookfield is now performing the studies necessary to make a Final Investment Decision by 2027, which would mean purchasing the partially-completed assets from Santee Cooper for $2.7 billion.<img width="500" height="345" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/IMG_2264-1536x1058.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/IMG_2264-1536x1058.jpg"/>The new company will also offer execution capabilities for deploying Westinghouse's smaller AP300 design with “end-to-end project management, licensing support, and oversight of engineering, procurement, construction and commissioning activity.”TNC's Chief Nuclear Officer, Joe Klecha, frames the announcement as finally addressing what the nuclear industry has been lacking in order to truly unleash the nuclear renaissance build out phase, “We know what it takes to deliver nuclear. What’s been missing is a model that brings together the people, the capabilities, and the capital to do it at speed and scale. That’s what this partnership creates.”The timelines are still relatively disappointing. Every month China seems to be adding another reactor to their &#34;under construction&#34; stack, with India gaining speed as well. As the months go on, it becomes harder and harder to take the nuclear renaissance seriously in the United States, given the lack of nuclear energy being added to the grid.<img width="500" height="299" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/nuclear%20plants%20under%20construction.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/nuclear%20plants%20under%20construction.png"/>It's also bewildering that Brookfield and Cameco are still leaving money on the table with the previously announced$80 billion worth of support from the US government.These massive amounts of money remain untouched since they were announced in October of last year.The progress being made under programs like the DOE Reactor Pilot Program are promising. But the program's wins, with being close to taking kilowatt-scale reactors critical for the first time in decades, struggle to stand out when China is adding over 1,000 megawatts of energy to their grid every month or two.</div></div>

BEP-A

BEPC

布鲁克菲尔德可再生能源

布鲁克菲尔德与核能公司（TNC）合作开发西屋反应堆技术，成立了一家新的未命名公司，旨在执行核能项目。该项目的重点是重新启动南卡罗来纳州的两个 AP1000 反应堆，预计将在 2027 年前做出最终投资决定。TNC 的首席核能官强调需要一种协作模式来加速核能发展。然而，美国的核能复兴面临挑战，中国正在迅速扩大其核能产能，而自去年以来，美国政府的重大支持仍未得到利用

核能公司与 Brookfield 合作开发新的大型反应堆项目