Hitachi Targets At Least 38 New Nuclear Plant Orders By 2030
Written by NucNet
Wednesday, 09 June 2010
The company said in a statement it would aim for a global market share of one third of the roughly 150 plants it anticipates will be built by 2030. The statement also said Hitachi would aim to increase its nuclear revenues from 210 billion yen (about 2.2 billion US dollars, 1.9 billion euro) in 2009, to 380 billion yen in 2020.
The statement, part of a wider business strategy launched by Hitachi Ltd’s Power Systems Company, says that Hitachi will expand its nuclear fuel cycle business together with subsidiary General Electric.
It aims to increase production capacity for its advanced boiling water reactors (ABWRs), economic simplified boiling water reactors (ESBWRs) and next generation boiling water reactors (BWRs). It said it hoped to win customers for the ESBWR by obtaining US design licensing in September 2011.
The company also reaffirmed its intention to enter the interim storage market in order to become involved in the full nuclear fuel cycle.
Hitachi said next generation 1,800 megawatt BWRs would be developed as a national project and confirmed it would develop 600 MW and 900 MW ABWRs, in addition to small 300 MW class reactors.
