Citing a need for smaller and more affordable nuclear reactors, Babcock & Wilcox Co. is developing a self-contained, modular 125-MW nuclear reactor to be built in its U.S. plants and shipped by rail to construction sites. B&W would like to secure turnkey contracts with utilities to manufacture and install the reactors, says Christofer Mowry, president and chief executive officer of the new Lynchburg, Va.-based division of Babcock & Wilcox, B&W Modular Nuclear Energy LLC. Photo: The Babcock & Wilcox Co. Four reactors combine for 500 MW. An array of the 15-ft-dia x 75-ft-tall modules could create small and mid-sized nuclear
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.