contract

What’s driving a fundamental shift in engineering, procurement, and construction (EPC) contracting? Equipment lead times. Workforce shortages. Data center timelines. POWER examines how the traditional EPC

Power and energy construction projects face unique challenges that make effective risk allocation critical to their success. A well-crafted contract serves as the foundation for managing these risks, helping

Framatome and Slovak utility Slovenské elektrárne on July 23 announced the companies have signed a major contract for the long-term supply of nuclear fuel to the Bohunice and Mochovce VVER reactors from 2027. This follows on from the Memorandum of Understanding signed by the two companies in May 2023. “This contract marks a new milestone […]

Recent government legislation and initiatives have prompted positive momentum in the energy industry. From regulatory matters to technology upgrades to renewable energy trends boosted by the Inflation Reduction Act (IRA) tax incentives, energy demand and projects are increasing across the sector. However, every opportunity comes with its own set of issues, especially if an organization […]

BGEN, one of the UK’s largest engineering firms, has been awarded an £84 million project by GE Steam Power Systems to provide electrical and instrumentation solutions to Hinkley Point C (HPC), which is a two-unit EPR nuclear power station under construction in Somerset, England. When complete, Hinkley Point C is expected to deliver 7% of […]

Ontario Power Generation (OPG), GE Hitachi Nuclear Energy (GEH), SNC-Lavalin, and Aecon have signed a trailblazing six-year alliance agreement designed to bolster the deployment of a BWRX-300 small modular reactor (SMR) at the Darlington New Nuclear Project (DNNP) in Clarington, Ontario. The contract unveiled on Jan. 27—a year after OPG selected GEH’s BWRX-300 for the […]

A new contractor has been named to finish construction of Turkey’s first nuclear power plant. Russia’s state-owned energy giant Rosatom on July 30 said it had chosen TSM Enerji, a company owned by three Russian groups and incorporated in Turkey, as the project’s new engineering, procurement, and construction lead. The Turkish government has said it […]

Many small- and medium-sized power projects are simply not large enough to gain the interest of highly sought-after institutional investors. The complexity and related costs of smaller projects means risks and

Larger changes in the power industry are shaking up the engineering, procurement, and construction (EPC) business in the U.S. and abroad. Experts explain how the industry is fielding business impacts

These Ten Steps May Help Power Companies Avoid Headaches, Delays, Higher Costs, and Legal Complications Jacqueline Greenberg Vogt, Esq. and Robert C. Epstein, Esq. The International Energy Agency projects the rapid growth of renewables, with solar at the center of this new constellation of electricity generation technologies. Hydropower remains the largest renewable source of electricity, […]

CONCERN TITAN-2 JSC, contractor for building and supply of equipment for Hanhikivi-1 NPP construction, has signed today a contract with Framatome-Siemens, the French-German consortium, to supply Main Instrumentation and Control (I&C). The signature followed a competitive procedure with the participation of international companies that are market leaders in the field of integrated I&C solutions at […]

Taipei, Taiwan — Taiwan’s largest EPC contractor CTCI has been awarded an EPCC contract for Van Phong-1 1,320MW Thermal Power Plant BOT Project in Vietnam in cooperation with IHI Corporation, Toshiba Energy Systems & Solutions Corporation, and Doosan Heavy Industries and Construction Co., Ltd as consortium. The contract award marks a milestone for the company […]

Lock in safe, reliable operations by opening the door to third-party expertise There’s still a big takeaway from a 2008 Florida blackout, and it’s not the size of the fine that followed. Although it was the largest penalty levied under the new reliability standards at that time, here’s the bigger elephant in the room: Florida […]

Agreement Includes Services for Two Additional Pressurized Water Reactors  WILMINGTON, North Carolina—April 26, 2017—Exelon Generation, operator of the largest nuclear fleet in the U.S., has awarded an integrated outage contract to GE Hitachi Nuclear Energy (GEH) for the utility’s entire fleet of boiling water reactor (BWR) nuclear energy facilities and three pressurized water reactor (PWR) […]

Houston, TX – EthosEnergy has been awarded a $8m, five year contract for full operations and maintenance (O&M) by Quantum Utility Generation for their Nevada Cogeneration Associates #2 plant in Nevada, US. The contract is for full care, custody and control operations, and maintenance including mobilization. This will be the fourth plant in the Quantum […]