Westinghouse Receives UK Government Grant to Explore Uranium Conversion Services

SPRINGFIELDS, England--(BUSINESS WIRE)--Westinghouse is pleased to confirm that it received a Direct Award Grant from the UK Department of Business, Energy and Industrial Strategy (BEIS) to explore the development of Uranium Conversion Services at the company’s Springfields facility in Lancashire, England.

The £13M (US$15.9M) award from BEIS, along with ongoing Westinghouse investment, will be used to prepare the necessary design and enabling work to begin new conversion capability for the world’s utilities from 2028. The proposed facility would provide both reprocessed (RepU) and naturally occurring Uranium (NIU) conversion services to utilities around the world as they seek to diversify supplies and transition from Russian-provided services.

“There is a strong global appetite for diversified and secure sources of supply of fuel and services and the UK’s nuclear excellence and experience, particularly at Springfields, offer utilities an attractive option,” said Tarik Choho Westinghouse President of Nuclear Fuel. “We are delighted the UK government recognises the role of Springfields, and its workforce, as a strategic asset that supports a clean and secure energy future.”

The facility will leverage the UK’s domestic uranium enrichment capability, nuclear research and development strength and Springfields’ world-class fuel manufacturing expertise to offer utilities a high-quality western fuel alternative.

Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear and other clean power technologies and services globally. Westinghouse supplied the world’s first commercial pressurized water reactor in 1957 and the company’s technology is the basis for nearly one-half of the world's operating nuclear plants. Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle. For more information, visit www.westinghousenuclear.com and follow us on Facebook, LinkedIn and Twitter.