Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: d[-_-]b who wrote (404575)	1/16/2011 5:40:24 AM
From: goldworldnet	2 Recommendations Read Replies (1) \| Respond to of 794277

Toshiba may hit nuclear power rev target earlier: report Mon Dec 20 5:39 pm ET (note google search said this was a 2010 article) (Reuters) – Toshiba Corp (6502.T) may log 1 trillion yen ($11.94 billion) in sales from its nuclear power business by fiscal 2013, instead of fiscal 2015, due to a growing demand in emerging markets and the United States, its President Norio Sasaki told The Nikkei in an interview. After acquiring major U.S. nuclear power firm Westinghouse Electric Co, Toshiba had set a target to receive orders for 39 nuclear reactors from fiscal 2006 through fiscal 2015, the daily said. "We'll continue promotional activities with an aim to top this target," The Nikkei said quoting Sasaki. With demand for nuclear power growing in emerging markets, Toshiba has stepped up efforts to propose projects in China, Vietnam, Turkey and Saudi Arabia, the business daily said. Despite concerns of a slowdown in nuclear plant construction in the U.S. due to the nation's fiscal problems, Sasaki said the country is still promoting the use of nuclear power, the daily said. Toshiba's projects have high priority in receiving U.S. government guarantees for nuclear plant construction, the newspaper quoted Sasaki as saying. According to Sasaki, Westinghouse's sales are growing by 20 percent a year in dollar terms, with operating profit margin for Toshiba's overall nuclear power business, including the U.S. subsidiary, likely to hit 10 percent as early as fiscal 2013, the Nikkei reported. --- ($1=83.77 Yen) (Reporting by Divya Sharma in Bangalore; Editing by Roshni Menon) news.yahoo.com Toshiba Builds 100x Smaller Micro Nuclear Reactor December 17, 07 Toshiba has developed a new class of micro size Nuclear Reactors that is designed to power individual apartment buildings or city blocks. The new reactor, which is only 20 feet by 6 feet, could change everything for small remote communities, small businesses or even a group of neighbors who are fed up with the power companies and want more control over their energy needs. The 200 kilowatt Toshiba designed reactor is engineered to be fail-safe and totally automatic and will not overheat. Unlike traditional nuclear reactors the new micro reactor uses no control rods to initiate the reaction. The new revolutionary technology uses reservoirs of liquid lithium-6, an isotope that is effective at absorbing neutrons. The Lithium-6 reservoirs are connected to a vertical tube that fits into the reactor core. The whole whole process is self sustaining and can last for up to 40 years, producing electricity for only 5 cents per kilowatt hour, about half the cost of grid energy. Toshiba expects to install the first reactor in Japan in 2008 and to begin marketing the new system in Europe and America in 2009. nextenergynews.com Toshiba Nuclear Website toshiba.co.jp * * *