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Tuesday, June 17, 2008

Detroit Edison Energy chose nuclear reactor unit designed by GE-Hitachi Nuclear Energy Inc.

Detroit Edison Energy (DTE), Michigan’s largest electricity utility is going to set up a new nuclear reactor unit at its Fermi-2 power plant site on the shore of Lake Erie, 35 miles south of Detroit, Michigan. For its new plant, the company chose next generation Economic Simplified Boiling Water Reactor (ESBWR), designed by GE-Hitachi Nuclear Energy Inc.(GEH). REUTERS reports:

General Electric Co (GE.N: Quote, Profile, Research, Stock Buzz) said on Monday that Michigan's largest electric utility had selected a nuclear reactor designed by GE and Hitachi for a potential new unit at its existing nuclear plant south of Detroit.

GE, which has a nuclear joint venture with Japan's Hitachi Ltd (6501.T: Quote, Profile, Research, Stock Buzz), said that Detroit Edison, a unit of DTE Energy Co (DTE.N: Quote, Profile, Research, Stock Buzz), notified the U.S. Nuclear Regulatory Commission to choose the 1,520-megawatt reactor. (Reporting by Scott Malone; editing by Jeffrey Benkoe)

DTE is the fourth US energy company to chose the ESBWR reactor. The company is planning to build up six ESBWR rectors and under a recent agreement GE-Hitachi Nuclear Energy (GEH) will provide technical support to DTE

Jack Fuller, GEH President and CEO, said that they were extremely pleased that DTE had selected the ESBWR for its potential new unit to meet the long-term energy needs of Michigan State.

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