Clinton backs Westinghouse bid to build Czech reactors
Secretary of State Hillary Clinton urged the Czech government to diversify its energy sources by picking Westinghouse Electric Co. as a supplier for two new reactors at CEZ AS's Temelin nuclear plant.
“We are encouraging the Czech Republic to diversify” its energy sources and suppliers in a way that is environmentally sound and safe, Clinton said in Prague on Monday. Earlier, she met with Czech Foreign Minister Karel Schwarzenberg. The United States hopes “that Westinghouse will receive the utmost consideration.” The secretary, traveling in Europe to discuss NATO funding commitments, urged Czechs to reduce their dependence on Russian energy. She touted Westinghouse technology as having the highest safety standards.
CEZ, the Czech state-controlled power utility, plans to pick the supplier of the Temelin reactors by the middle of next year. Westinghouse, based in Cranberry, is competing for the $10 billion project against a Russian-Czech group led by Atomstroyexport, a unit of Russia's state-run Rosatom Corp.
Accepting Westinghouse's bid would create jobs and spur investment opportunities in both countries, Clinton said.
Paris-based Areva SA, the world's largest supplier of nuclear fuel, was disqualified from bidding in October and has appealed to the Czech anti-monopoly office.
The Czechs buy 60 percent of their oil, 70 percent of their natural gas and all of their nuclear reactor fuel from Russia. All of the country's 6 nuclear reactors are of Soviet design.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Harmar developer sells 15 hotels in Western Pa., West Virginia
- Rice Energy spin-off priced below expected range
- Wesco cautious, reaffirms guidance
- Federated Investors forecasts optimistic scenario for growth in economy, markets
- FedEx to buy product-return firm Genco in e-commerce push
- Fed emphasizes patient approach on rate increases
- Consumer prices drop aside gas cost plunge
- EDMC accused in GI Bill scheme
- Natural gas groups says increase in Pennsylvania taxes would bring dire results for economy
- Insurers give customers extra time to pay first month’s premium for 2015 under Obamacare
- FedEx 2Q profit jumps 23%; revenue up 8% at Moon-based Ground business