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.
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.
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.
Power producer won't renew permits to allow private firm to complete Bellefonte plant after court ruling cancels a 2016 purchase deal; TVA seeks options to redevelop the 1,600-acre site.
The pandemic is still in full force [eating] away at our opportunity to recover lost time from 2020," says Hinkley Point C project's managing director.