VÄSTERÅS, Sweden, Aug. 28, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Westinghouse Electric Company today announced that it has been selected by OKG AB in Sweden to provide replacement nuclear fuel deliveries for all of their three reactors, Oskarshamn Units 1, 2 and 3. The contract includes yearly deliveries of fuel for their reactors during the five-year period of 2016 to 2020.
Under the terms of the contract, executed between OKG and Westinghouse Electric Sweden AB, Westinghouse will produce the fuel at its facility in Västerås, Sweden. Westinghouse has been a main fuel supplier to OKG, having delivered nearly 8,500 fuel assemblies to the plants.
"This contract reflects OKG's continued confidence in Westinghouse as a high-quality fuel supplier," says Johan Hallén, Westinghouse vice president and managing director, Northern Europe. "It also helps us strengthen our position as a leading boiling water reactor fuel supplier on the European market which ensures a strong domestic industry employing thousands in Sweden."
All three boiling water reactors (BWR) in Oskarshamn were designed and built by ASEA-ATOM, acquired by Westinghouse in 2000.
Westinghouse is a single-source global nuclear fuel provider for pressurized water reactors (PWRs), including Russian-designed VVER reactors, as well as BWRs and advanced gas-cooled reactors (AGRs). Currently Westinghouse is fueling 145 PWR and BWR plants, and has 10 nuclear fuel manufacturing locations around the world, including two sites in Europe: Springfields Fuels Limited in Preston, Lancashire, U.K. and Westinghouse Electric Sweden in Västerås.
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., U.S. Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants, including more than 50 percent of those in Europe.
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Westinghouse Electric Company Hans Korteweg +32 479751360
