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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Westinghouse, Poland's PGE agree nuclear feasibility study AFP - 2 hours 40 minutes ago Send IM Story Print Westinghouse, Poland's PGE agree nuclear feasibility study Slideshow: Full Photo Coverage: Business & Economy WARSAW (AFP) - – The US-Japanese Westinghouse Electric Company LLC and Poland's PGE energy group agreed a memorandum of cooperation Tuesday for a feasibility study on Poland's first civilian nuclear program, PGE said. The two sides "will cooperate to prepare a feasibility study on AP1000 PWR nuclear reactor technology and opportunities to build the first reactor of this type in Poland by 2020," a PGE statement said. PGE has plans to build two nuclear power stations at a capacity of 3000 MW each. The launch of the first reactor is scheduled for late 2020. Westinghouse is the third consortium with which PGE has agreed a feasibility study. Others include French companies EDF and Areva, and the US-Japanese consortium GE Hitachi Nuclear Energy. "Based on an analysis of cooperation with all partners, we will choose the technology to be used in nuclear power plants in Poland," PGE said. Owner of forty-two power plants and lignite mines in Poland and worth some 10.58 billion euros (14 billion dollars) PGE is the largest capital group on he Warsaw Stock Exchange. With a population of 38 million, Poland, a member of the European Union since 2004, currently has no nuclear power plant and produces virtually all its electricity using coal. Plans call for the share of electricity generated by nuclear plants to rise to 9.3 percent by 2030, while reliance on coal for electricity is to drop to 60 percent, according to the Polish government. Recommend Send IM Story Print Related Articles Westinghouse, Poland's PGE agree nuclear feasibility study AFP - 2 hours 40 minutes ago Ford posts quarterly profit, raises 2010 outlook Reuters - Wednesday, April 28 Toyota to sell $1.25 bln of auto ABS securities Reuters - Wednesday, April 28 Renault Q1 sales beat forecasts; confirms FY goal Reuters - Wednesday, April 28 US-BUSINESS Summary Reuters - Wednesday, April 28 News Search Top Stories Goldman denies fraud in Congress grilling BP's soaring profits overshadowed by oil rig tragedy British bank Lloyds returns to profit in first quarter US Fed expected to hold low interest rates Wall Street overhaul bill stalls in US Senate More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Aliens may exist but contact would hurt: Hawking Bereaved twin runs for Polish president Chile desert to host world's biggest telescope Obama 'disappointed' Republicans block finance debate Ex-Bin Laden bodyguard writes against Qaeda More Most Viewed » Aliens may exist but contact would hurt: Hawking Apple engineer loses iPhone prototype Two-million-year-old hominid sheds light on evolution Taiwan's male 'Susan Boyle' a web sensation French driving veil row escalates More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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