contract
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Legal & Regulatory
Avoiding Pitfalls in Power and Energy Construction Projects
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
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Nuclear
Framatome Will Supply Fuel for VVER Nuclear Reactors in Slovakia
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 […]
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O&M
How Technology Helps Overcome 10 of the Top Operational Challenges in the Energy Sector
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 […]
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Nuclear
Massive Electrical and Instrumentation Contract Awarded for Hinkley Point C Nuclear Power Project
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 […]
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Nuclear
Major Nuclear Players Team on Innovative Construction Delivery Approach for BWRX-300 SMR at Darlington
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 […]
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Nuclear
Rosatom Picks New EPC Lead for Turkey’s First Nuclear Power Plant
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 […]
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Finance
Standardized Documents and Solid Partners Make Financing Less Stressful for Project Developers
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
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News
How the Energy Transition Is Affecting the EPC Business
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
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Plant Design
How to Plan a Successful Energy Construction Project
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, […]
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Nuclear
TITAN-2 and Framatome-Siemens Consortium sign contract for HANHIKIVI-1 NPP main I&C supply
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 […]