PR93405

CRANBERRY TOWNSHIP, Pa., Dec. 1, 2021 /PRNewswire=KYODO JBN/ --

Westinghouse Electric Company and Energoatom, the state-owned nuclear utility

of Ukraine, signed a contract recently in Kyiv, Ukraine, outlining the details

of their agreement to bring Westinghouse AP1000® reactors to Khmelnytskyi

Nuclear Power Plant.

This agreement initiates engineering and procurement of long-lead items for the

first Westinghouse AP1000 unit at the Khmelnytskyi site. The signing ceremony

was attended by Ukraine Energy Minister Herman Halushchenko, and United States

Charge d'affaires to Ukraine, Kristina Kvien.

"The Agreement signed with partners from Westinghouse opens a new stage in the

development of Ukraine's nuclear energy sector. Construction of new power units

is essential for energy independence of our country. Moreover, we are becoming

the driving force that will pave the way for Europe to carbon neutrality.

Energoatom, in cooperation with our American partners, is ready to make the

green transition to clean and affordable energy," said Petro Kotin, Acting

President of NNEGC Energoatom.

In August it was announced that Energoatom had selected Westinghouse AP1000

technology for its long-term goals to develop new nuclear power plants in

Ukraine. The exclusive agreement provides that Westinghouse and Energoatom will

pursue AP1000 reactor projects to help the country reach decarbonization and

its energy security goals. The AP1000 plant is a proven Gen III+ reactor. It

has unique fully passive safety systems, modularized standard design, high

operability performance and load following capability. The AP1000 projects will

provide Energoatom and Ukraine with substantial economic and localization

benefits through the construction and operating life of each reactor.

"We are proud to continue our partnership with Energoatom in supporting its

objectives to develop nuclear power plants in Ukraine. This contract to build

the first AP1000 plant at the Khmelnytskyi site brings the country one step

closer to reaching its de-carbonization and energy security objectives. We look

forward to continuing our work with Energoatom to ensure that Ukraine is able

to utilize clean, reliable, and cost-effective nuclear energy for the future,"

said Patrick Fragman, President and CEO of Westinghouse.

Source: Westinghouse Electric