Despite the severity of the accident at the Fukushima I plant,
nuclear reactor designers don't expect the same type of backlash against the nuclear industry as occurred a generation ago after Three Mile Island and Chernobyl.
Nuclear reactor designers say that the reactors being built or planned today are quite different — and they say much safer — than those that are still smoldering in Japan.
Not exact matches
Westinghouse, General Electric and other companies are major
designers and suppliers of components for
nuclear reactors.
The project has been plagued by billions of dollars in cost overruns, stagnant demand for electricity, competition from cheap natural gas plants and renewables, and the bankruptcy of Westinghouse Electric, the lead contractor and the
designer of the AP1000
reactor that was supposed to be the foundation of a smarter, cheaper generation of
nuclear power plants.
The NRC's July 1986 «Statement of Policy for Regulation of Advanced
Nuclear Power Plants» encourages
reactor designers to discuss licensing issues with the agency before submitting a full license application.
1983: Davis Polk successfully defends Babcock & Wilcox, a
designer and manufacturer of
nuclear reactors, in a $ 4 billion suit brought by General Public Utilities as a result of the Three - Mile Island accident.