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UTILITIES SELECT WESTINGHOUSE REACTOR TO LEAD U.S. NUCLEAR REVIVAL

 PITTSBURGH, Jan. 11 /PRNewswire/ -- Westinghouse Electric Corporation (NYSE: WX) said today that its AP600, an advanced reactor that protects the public through the use of natural forces rather than redundant mechanical safety systems, has been selected by a group of major utilities to lead a revival of U.S. nuclear plant construction in the mid-1990s.
 As a result of the selection, Westinghouse will receive a contract from a group of 16 U.S. utilities and funding support from the U.S. Department of Energy (DOE) and several international utilities to complete the final phase of engineering on the AP600. This will assure that a new generation of highly safe and more-economical plants which can be built on shorter construction schedules will be commercially available in time to meet the need for new baseload power, Westinghouse said.
 Total funds to be shared by Westinghouse and another U.S. nuclear manufacturer in the utility/DOE-sponsored "first-of-a-kind" engineering program are approximately $150 million, including $100 million from the DOE and $50 million from U.S. utilities. The exact amount of funding to be awarded each manufacturer was not disclosed today. Manufacturers' contributions to complete final, or first-of-a-kind, engineering will match or exceed the $50 million contributed by U.S. utilities, and additional funding support will come from international utilities.
 First-of-a-kind engineering goes beyond the design work Westinghouse submitted to the U.S. Nuclear Regulatory Commission in June of 1992 for review and certification of the AP600 design from a safety standpoint, and will result in engineering documents that can be used to begin planning for plant construction.
 The AP600 is a 600-megawatt pressurized water reactor that uses the finest of proven, state-of-the-art components, reconfigured to create a new generation of simplified plants. Although active safety systems are also available, ultimate safety is assured by non-active or passive systems based on laws of nature such as gravity, convection and the physical properties of materials. In the unlikely event of an accident at an AP600, no operator action would be required to protect the public.
 "This award is a clear endorsement of passive safety technology by leading U.S. and international utilities and the Department of Energy," said Nathaniel D. Woodson, vice president and general manager of the Westinghouse Energy Systems business unit.
 "It is a major achievement on the path to licensing the AP600 as a standard design in the U.S. and making it commercially available by the time utilities need to order new baseload power."
 Woodson said Westinghouse is working at an accelerated pace with the U.S. Nuclear Regulatory Commission to license the AP600 design. The Westinghouse award was announced in Washington today by the Advanced Reactor Corporation, a group of 16 major U.S. utilities formed to support development of new designs that meet utility requirements for next-generation nuclear power plants. These requirements include simplified construction and operation, shorter construction schedules, use of proven technology to generate power, and smaller plants that fit load growth more closely.
 "The actions announced by U.S. utilities today through the Advanced Reactor Corporation, in particular the support voted the Westinghouse AP600, will benefit the U.S. economy in two ways," said John B. Yasinsky, president of Westinghouse Electric Corporation.
 "First, the DOE/Advanced Reactor Corporation's first-of-a-kind engineering program should ensure the U.S. the availability of adequate, low-cost power, which is a prerequisite for making manufacturers more competitive in the global marketplace in the 21st century.
 "And second, the actions will help strengthen U.S. leadership in commercial nuclear technology -- a major U.S. export," Yasinsky said.
 -- Westinghouse Plans To Quote Firm Price on AP600
 The "utilities' vote for the Westinghouse AP600 is a vote of confidence -- in both the design and in the Westinghouse commitment to the U.S. nuclear industry," Woodson said. "We intend to show that this confidence is well-placed."
 "Completion of the engineering will allow us to quote firm prices and schedule for building new AP600 plants," Woodson said.
 "Coupled with the new licensing legislation combining construction and operating licenses for standardized designs, firm price/completion dates mean that utilities can build nuclear power plants with the certainty that their investments will be productive," he said.
 -0- 1/11/93
 /CONTACT: Bob Henderson, 412-642-3117, or Mimi H. Limbach, 412-642-3341, both of Westinghouse Electric/
 (WX)


CO: Westinghouse Electric Corporation ST: Pennsylvania IN: OIL ARO SU:

CD -- PG006 -- 3486 01/11/93 11:29 EST
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Date:Jan 11, 1993
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