While questions swirl around the future of large nuclear plants in the U.S. NuScale, majority owned by Fluor, is pushing a plan to build a nuclear plant using its small, 50-megawatt modular reactors.
The U.K. Nuclear Decommissioning Authority will cancel a 14-year contract worth about $7.7 billion awarded in 2014 and pay over $122 million compensation to the U.S.-based consortium that failed to win the contract.
The presence of power marks a significant milestone in the creation of a major new structure at the U.S. Dept. of Energy’s Waste Treatment and Immobilization Plant at the Hanford Nuclear Waste Site in southeast Washington state.
Brendan Bechtel, soon to be chief executive of the engineering and construction company that bears his family’s name, sounded an alarm about the industry’s performance on megaprojects with words as plainly spoken as any you will hear at a conference.
The Saudi government has awarded Bechtel a five-year contract extension for project management services at the giant Jubail and Ras Al Khair industrial cities, the company announced on June 6.