Amazon also follows Microsoft in spinning up nuclear energy, with plan to build small reactors in Washington state and Virginia and leading $500 investment in SMR technology.
Host UAE, now completing its first nuclear plant at 5.6 GW, is one of 22 countries that agreed to triple capacity by 2050—but construction cost, supply chain and permit realities are hurdles, sector experts say.
Balfour Beatty announced December agreement with US developer Holtec to support its plan to deploy 32 SMR units by 2050 that would amount to a capacity of 5.1 GW, with construction of the first to start in 2028.
NuScale Power has announced its first submittal to the Canadian Nuclear Safety Commission for pre-licensing vendor design review of NuScale's small modular reactor (SMR) design.
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.
States are scrambling to site small modular nuclear reactors under development and funded by $452 million in federal grants; four design concepts have been submitted by companies.
