M'bishi Heavy, Japan utilities to develop new nuclear reactor for 2030s use

Mitsubishi Heavy Industries Ltd. said Thursday it will develop a next-generation nuclear reactor with Kansai Electric Power Co. and three other major Japanese utilities in what could be the first project in the government's recent policy shift to push nuclear energy.The five companies will develop an advanced light-water reactor, a new type of pressurized water reactor, or PWR, deemed safer than existing models, and plan to put it into use in the mid-2030s.The other three utilities are Hokkaido Electric Power Co., Shikoku Electric Power Co. and Kyushu Electric Power Co. All four utilities o…READ FULL ARTICLE