Bechtel and a consortium of energy builders have been awarded a contract for the planning and design of the Clinch River Unit 1 small modular reactor (SMR) project in Oak Ridge, Tennessee. This contract signifies a concrete advancement in the development of TVA's advanced nuclear energy initiatives. The team will utilize an integrated project delivery model for the project.
The Clinch River Unit 1 project is estimated to be a $5.4 billion undertaking, representing a substantial investment in TVA's future energy infrastructure. This development is a key component of TVA's strategy to diversify its generation fleet and achieve its ambitious carbon reduction targets. TVA is a national leader in exploring advanced nuclear solutions.
The Clinch River site holds the nation's only Nuclear Regulatory Commission (NRC) early site permit for an SMR, positioning TVA at the forefront of this technology. This contract moves the project forward, contributing to TVA's long-term vision for a decarbonized and resilient energy system.
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