Fluor
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Nuclear
Group Has Contract to Build Two New CANDU Reactors in Romania
Canada’s AtkinsRéalis Group announced it has an agreement to build two new CANDU nuclear reactors in Romania, which would be the first new reactors of that type built since 2007. The Montreal-based company on Nov. 15 said the Romanian project is a joint venture with Fluor Corp., Ansaldo Nucleare, and Sargent & Lundy. The contract […]
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Nuclear
Fluor to Bolster Commercialization of Laser Fusion Power
Engineering, procurement, and construction (EPC) giant Fluor Corp. will serve as an engineering and construction partner to design and plan laser fusion power plants developed by Longview Fusion Energy Systems—a company leveraging the recent fusion breakthrough at the National Ignition Facility (NIF). Fluor on April 18 announced it signed a memorandum of understanding (MOU) with […]
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Nuclear
Xcel Energy Considering Nuclear Operator Role at Idaho NuScale SMR Plant
Xcel Energy is exploring a role as operator of the 462-MWe Carbon-Free Power Project (CFPP), potentially becoming a key member of the first-of-its-kind small modular reactor (SMR) power plant that is under development at an Idaho National Laboratory (INL) site in Idaho Falls. The development is another sizable step for the six-module NuScale Power VOYGR project. […]
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Nuclear
Nuclear Field Activities Completed for Idaho NuScale SMR Project
The 462-MWe Carbon-Free Power Project—the first six-module NuScale Power VOYGR-6 power plant—has completed field investigation activities at its Idaho National Laboratory (INL) site in Idaho Falls, Idaho. The achievement announced on Feb. 3 marks a major milestone for CFPP LLC, the entity Utah state energy services interlocal agency Utah Associated Municipal Power Systems (UAMPS) established […]
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Press Releases
Fluor to Collaborate with Bulgarian Energy Holding for Potential New Nuclear Power Units
Companies to Focus on Decarbonization to Support Clean Energy Transition IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that it has signed a memorandum of understanding (MOU) with Bulgarian Energy Holding EAD for the consideration of new nuclear units in Bulgaria. Bulgarian Energy Holding is comprised of a group of companies engaged in the electricity generation, […]
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Nuclear
Fluor Announces that NuScale Power has Engaged Guggenheim Securities to Explore Financing Options
May 07, 2021 06:52 AM Eastern Daylight Time IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that NuScale Power, in which Fluor is the majority investor, has retained Guggenheim Securities, LLC, a leading financial advisory and capital markets firm, to explore financing options to accelerate the commercialization of NuScale’s groundbreaking small modular reactor (SMR) technology. Fluor […]
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Nuclear
NuScale, UAMPS Kick Off Idaho SMR Nuclear Plant Licensing
NuScale Power, Fluor Corp., and Utah Associated Municipal Power Systems (UAMPS) have executed a series of major agreements to prepare for licensing of the Carbon Free Power Project (CFPP) at Idaho National Laboratory (INL) in Idaho Falls, effectively driving forward the nation’s first small modular reactor (SMR) plant. Fluor Corp., the majority investor in NuScale […]
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Nuclear
Commercial NuScale SMR in Sight as UAMPS Secures $1.4B for Plant
Buoyed by two major developments last week for prospective customers, NuScale Power is maintaining “strong program momentum” toward commercialization of its small modular reactor (SMR) technology, the company told POWER. On Oct. 16, the Department of Energy (DOE) approved a $1.355 billion award to fund the Carbon Free Power Project (CFPP), a potential 720-MWe NuScale […]
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Press Releases
Fluor Uses IBM Watson to Deliver Predictive Analytics Capability for Megaprojects
Fluor drives digital transformation with artificial intelligence solution to monitor status of global projects and drive significant project cost savings IRVING, Texas (September 13, 2018) and ARMONK, New York–Fluor Corporation(NYSE: FLR) and IBM(NYSE: IBM) announced today the use of artificial intelligence-based systems to predict, monitor and measure the status of engineering, procurement, fabrication and construction […]
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O&M
Reliability, Resiliency Key to Caribbean Rebuild
As another hurricane season approaches, the lessons learned by energy companies that have repaired power infrastructure in Haiti, Puerto Rico, and other areas provide a path forward for reducing the impact of