SNC-LAVALIN'S NUCLEAR BUSINESS


Associated tags: Waste management, Government, TerraPower, Engineering, SNC-Lavalin, Nuclear, SNC, Uranium mining, Electricity, TSX, Renewable energy, CANDU, Climate change, Carbon, Nuclear energy, OPG, Employment, Ontario Power Generation, Darlington, SMR, Canadian Nuclear Safety Commission, Small modular reactor, Darlington Nuclear Generating Station

SNC-Lavalin Continues to Advance Romanian Nuclear Refurbishment with $65 Million Contract

Retrieved on: 
Tuesday, March 7, 2023

The two-year mandate, worth roughly $65 million, will see SNC-Lavalin perform long lead and front-end engineering services for the utility.

Key Points: 
  • The two-year mandate, worth roughly $65 million, will see SNC-Lavalin perform long lead and front-end engineering services for the utility.
  • This is in preparation for the upcoming Cernavoda Unit 1 Refurbishment project, which would see the reactor's operating life extended to 2060.
  • The two CANDU units at the facility supply 20% of Romania's electricity, providing an emissions-free, low cost, energy-secure, and uninterrupted flow of power to Romanian consumers and businesses.
  • The Romanian government and SNN have also signaled their intent to complete Units 3 and 4 at Cernavoda .

SNC-Lavalin Signs Agreement to Develop Canada's First Small Modular Reactor for Ontario Power Generation

Retrieved on: 
Friday, January 27, 2023

MONTREAL, Jan. 27, 2023 /CNW Telbec/ - Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), has entered into an agreement with Ontario Power Generation (OPG) to deliver the Darlington New Nuclear Project.

Key Points: 
  • MONTREAL, Jan. 27, 2023 /CNW Telbec/ - Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), has entered into an agreement with Ontario Power Generation (OPG) to deliver the Darlington New Nuclear Project.
  • The project is spearheading the deployment of the GEH BWRX-300 Small Modular Reactor (SMR) before the end of the decade.
  • "SNC-Lavalin is a strong proponent for the necessary role of nuclear power in the Net Zero energy mix," said Ian L. Edwards, President and CEO, SNC-Lavalin.
  • The 6-year alliance agreement represents an innovative contracting approach for a nuclear project in North America.