Toshiba-Westinghouse to withdraw from nuclear plant construction, chairman to quit | The Japan Times

Some time ago, Westinghouse was a powerhouse. I remember it buying CBS, then suddenly Westinghouse was CBS. Sold off a lot of its stuff, transfered assets and pieced it off. The United States wouldn't allow it to be sold to a foreign country. Morrison Knudson and BNFL bought the Nuclear side. Then Morrison transferred/sold their majority share to BNFL. Then the Nuclear renaissance, the future was so bright you gotta wear shades. End life of reactors meant new builds in the future. A big ramp up, a lot of new employees. Westinghouse nuclear sold to Toshiba based on promise/hype... Layers on layers of middle management. Not many left to do the actual work. Spending more time on meetings, making fancy charts, programs of the month, etc. Cannot change or fix even the simplest of things without a thousand signatures. Floor operators are frustrated, huge disconnect between what is really happening vs. what their leads, supervisors, managers, plant managers pass on... Toshiba is left holding the bag for this mess... Nuclear really can be competitive. NuScale, Terrapower, etc. Nuclear powered ships go 25 years between refuelling. NuScale SMR doesn't need to shut down to refuel. Terrapower uses spent fuel for their systems. There are many different reactor designs, the field is ripe for the next Elon Musk of Nuclear to change things up... (sorry about the formatting, my cell sucks. Also these are just uneducated impressions of an industry I know nothing about)

/r/energy Thread Parent Link - japantimes.co.jp