Engineer-contractor giant cited project impacts and less-than-expected energy business earnings, but market watchers see key areas of growth next year.
Government spend indicates UK push for nuclear power in energy transition, taking stake in company building 3.3 GW project equally with French state controlled Electricité de France.
Canada will build nation’s first small modular reactor (SMR), with $717M in federal bank funding, while TVA chooses same design for up to 20 new units, says CEO
First 300-MW modular facility in Ontario, to be built at site of existing 3,500-MW nuclear plant, may cost billions; US power producer TVA also will use GE Hitachi BWRX-300 design in up to 20 SMRs.
_ENRready.jpg?height=168&t=1668019257&width=275 "GE Hitachi BWRX-300")
