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Page added on April 10, 2007

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TXU seeks to build biggest U.S. nuclear plants

Utility company TXU, which scrapped plans to build eight coal-fired plants when it agreed to be acquired by two private equity firms, is now hoping to build the biggest nuclear power plants in the United States, said the Wall Street Journal.


TXU has shifted its focus to nuclear power at a time when three other utilities have also said they may build nuclear plants in Texas, said the Journal, without citing sources.


The Journal said reactors selected by TXU would be designed and build by Mitsubishi Heavy Industries of Japan, and would be 50 percent bigger than TXU’s current nuclear reactors.


Reuters



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