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Stock impact report

Slow Progress Pushes Trump Admin To Talk With Westinghouse Rivals [zero hedge]

Korea Electric Power Corporation (KEP) 
Company Research Source: zero hedge
Slow Progress Pushes Trump Admin To Talk With Westinghouse Rivals In a stunning pivot that could upend Westinghouse's monopoly-in-progress, the Trump administration’s Department of Energy is quietly shopping for alternatives to Westinghouse’s AP1000 flagship reactor. According to Canary Media , high-ranking DOE officials have held recent talks with executives from GE Vernova Hitachi Nuclear Energy (GVH) and South Korean diplomats representing state-owned Korea Electric Power Corp. (KEPCO) about potential federal financing for gigawatt-scale reactors. In the last 2 months, China has started construction on another 8 nuclear reactors bringing the total to 38. The US meanwhile issues press releases and strongly worded LOIs https://t.co/TJ6BoMghNk pic.twitter.com/S7ETmszBSS — zerohedge (@zerohedge) February 5, 2026 This comes as negotiations with Westinghouse’s majority owner, Brookfield Asset Management, drag on slowly, frustrating utilities who still crave cost-overrun insurance the gov Show less Read more
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