GSA inks $1B+ ‘historic’ deal with Constellation Energy for nuclear power supply to 13 federal agencies from its northeast and midwest plants such as the 2.35-MW Byron facility in Illinois, now being expanded.
Engineer-contractor giant cited project impacts and less-than-expected energy business earnings, but market watchers see key areas of growth next year.
Host UAE, now completing its first nuclear plant at 5.6 GW, is one of 22 countries that agreed to triple capacity by 2050—but construction cost, supply chain and permit realities are hurdles, sector experts say.
Firms, GE Hitachi and Ontario Power will build the 300-MW plant under a single collaborative agreement to
avoid potential delays and cost overruns, said Ken Hartwick, utility
president and CEO.