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Bechtel Welcomes DOE’s Support of Small Modular Reactor Project

FREDERICK, Maryland - November 21, 2012

The Energy Department announced an award to support a new project to design, license, and help commercialize small modular reactors (SMR) in the United States. The project supported by the award will be led by Babcock & Wilcox in partnership with the Tennessee Valley Authority and Bechtel.

“SMR technology offers a flexible solution that is scalable, offers many safety benefits, and requires significantly lower initial investment for an owner than gigawatt nuclear reactors,” said Greg Ashley, president of Bechtel’s nuclear power business line. “The manufacture and deployment of this technology in the future will play an important role in the nation’s energy portfolio.”


 

About Bechtel

Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we’ve completed more than 25,000 extraordinary projects across 160 countries on all seven continents. We operate through four global businesses: Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals. Our company and our culture are built on more than a century of leadership and a relentless adherence to our values, the core of which are safety, quality, ethics, and integrity. These values are what we believe, what we expect, what we deliver, and what we live.  www.bechtel.com