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Bechtel, based in Virginia, next to the Sargent contractor and Lundy and the nuclear energy signature, GE Hitachi, won a contract to support the initial planning and initial evaluation of the first small modular reactor in the nuclear site of the valley of the valley The Tennessee Valley, in Oak Ridge, Tennessee.
The scale of the contract is for the planning and evaluation, which could be extended to the purchase, construction and commissioning, according to one January 23 of the statement of the authority. The total cost of construction could reach $ 5.4 billion, According to the Knoxville News Sentinel. The costs for additional reactors on the site, if built, would probably be lower once the first unit is in place.
Bechtel, with Sargent and Lundy and GE Hitachi from Wilmington, North Carolina, will work together with the TVA under an integrated projects approach, which the TVA stated that it will align all parties in a unified plane, according to the launch.
“The integrated project delivery model is the preferred method that will make our project a real team effort,” said Bob Deacy, the Senior Vice President of the TVA of the Clinch River project, in the statement. “We will work actively together with a target budget and programming: create a significant advantage to promote nuclear innovation, share risks and reduce costs.”
Bechtel and TVA have worked together in other nuclear projects over the years, more recently in the construction of the Watts bar unit in Rhea County, Tennessee in 2016. Through the Integrated Project Delivery Method, TVA claims that Bechtel will provide valuable information from its breadth of experience in the construction of nuclear installations.
Although the value of the planning contract was not disseminated, the TVA is Looking for $ 800 million of the United States III+ Small Reactor Modular Reactor Program+ Small Reactor, according to a statement from January 17, who said that the grant, if granted, would help accelerate creation. Officials plan for the plant to enter commercially by 2033, according to the news Sentinel.
Bechtel has been active in other nuclear work. In June 2024, the contractor occurred on a land on a $ 4 billion, the nuclear reactor supported by Bill Gates In Kemmerer, Wyoming. Later, by 2023, $ 30 billion The Bechtel Built Vogtle Unit opened In Georgia, after the builder assumed the work in 2017. The plant was the first new atomic power unit built in the United States in more than 30 years.
