Nuclear powerplant development in the U.K. and U.S. is moving forward with vigor. In the U.K., imminent eBay-style land sales will lead to the first major financial commitments by power companies in the nation’s emerging nuclear-plant program. In the U.S., the Nuclear Regulatory Commission is processing 17 applications for 26 possible new nuclear powerplants even as new questions arise over whether the government’s Yucca Mountain nuclear-waste repository will ever open. Photo: NDA Greenfield site next to NDA’s Bradwell powerplant is being auctioned for new units. Construction of a fleet of new plants in the U.K. is not expected to start
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.