Contract for second-stage engineering study on planned 462-MW small modular reactor project uses technology of NuScale Power, of which Fluor is a majority investor.
U.S. developer TerraPower's natrium design is not among those of U.S., British and French developers selected for next phase of fast-track competition.
Firms, GE Hitachi and Ontario Power will build the 300-MW plant under a single collaborative agreement to
avoid potential delays and cost overruns, said Ken Hartwick, utility
president and CEO.