<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

布魯克菲爾德可再生能源

布魯克菲爾德與核能公司（TNC）合作開發西屋反應堆技術，成立了一家新的未命名公司，旨在執行核能項目。該項目的重點是重新啓動南卡羅來納州的兩個 AP1000 反應堆，預計將在 2027 年前做出最終投資決定。TNC 的首席核能官強調需要一種協作模式來加速核能發展。然而，美國的核能復興面臨挑戰，中國正在迅速擴大其核能產能，而自去年以來，美國政府的重大支持仍未得到利用

核能公司與 Brookfield 合作開發新的大型反應堆項目