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Tsarbomb | 2 years ago

Westinghouse is owned by Brookfield Renewable Partners and Cameco.

Cameco is the second largest uranium producer in the world. Brookfield Renewable Partners owns and operates a lot of power generation. Both are Canadian where there is a huge pool of both power generation and specifically nuclear power generation talent and experience. As an example until 2016 Canada had the largest operator nuclear power facility in the world, several provinces are currently in the planning phases of SMRs, and Canada will be financing CANDU reactors in Romania.

It's safe to say they see some sort of advantageous vertical integration of the supply chain, as well as believing regulatory and economic outlooks being good.

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soperj|2 years ago

CANDU reactors are pretty spiffy. Can run on unenriched natural uranium, or even uranium mixed with thorium or plutonium. Design also comes with a lot of passive safety features.