Project owner Electricité de France now expects to complete the project between 2029 and 2031 and estimates its cost at between $39 billion and $43 billion.
Global construction volume will grow by 1.2% this year and by 3% annual average over the rest of the decade, forecasts London-based Global Construction Perspectives in a report released Jan. 23.
Nearly 150 parking structures in parts of Manhattan have been deemed unsafe or in need of repairs and continued monitoring, and reports on hundreds more are pending review or late to be filed.
Some of the technologies being developed with the grants, ranging from subsurface sensors to microtunneling robots, could have construction applications beyond grid projects.