Company seeking to modernize nuclear construction using digital technologies
WASHINGTON–(BUSINESS WIRE)–The Nuclear Company, which is deploying 6 gigawatts of fleet-scale nuclear power across America, today announced the issuance of a solicitation of interest to contractors in engineering, procurement and construction to support its first fleet. Contractors of all sizes and capabilities are encouraged to request invitations to the formal process.
The Nuclear Company is committed to redefining nuclear construction by adopting fleet-scale deployment, which employs a design-once, build-many approach. The approach focuses on streamlining processes, utilizing advanced construction and manufacturing methods, and employing cutting-edge digital technologies. These technologies will integrate advanced analytics, AI and IoT to streamline site selection, permitting, construction management, regulatory management, engineering processes and supply chain logistics.
By utilizing this approach, The Nuclear Company aims to achieve significant cost reductions and shortened project timelines, meeting its commitment to on-time, on-budget deployment of its first fleet of 6 gigawatts of nuclear power. Beyond that, the design-once, build-many approach combined with digital technologies ensures an empowered workforce, data-driven decision-making, improved safety and operational excellence.
“We look forward to working with partners at the forefront of construction to apply process and digital advancements to nuclear,” said The Nuclear Company Chief Nuclear Officer Joe Klecha. “The United States will lose its leadership position in nuclear power unless we act quickly to build a resilient American supply chain.”
Contractors with experience in large-scale infrastructure construction are invited to express interest at thenuclearcompany.com/soi. Requests for invitations to the formal process will be accepted through Jan. 6, 2025.
The Nuclear Company emerged from stealth mode in July with the mission to address America’s surging energy demand driven by AI data computing, onshoring manufacturing, and the electrification of everything. The International Energy Agency projects global electricity demand will increase nearly 30 percent by 2030 — the equivalent of adding the energy requirements of another United States and European Union combined. Despite the need for nuclear’s around-the-clock, zero-carbon power, the biggest challenge facing the industry is that one-off nuclear projects almost always are over budget and behind schedule. The Nuclear Company’s model seeks to avoid these pitfalls.
The Nuclear Company’s fleet-scale model combines using proven, licensed technology and a design-once, build-many approach to lower costs and minimize delays. The model is anchored by the Industry Working Group of partners that include utilities and independent power producers, hyperscalers, nuclear technology suppliers, and private equity. By joining together, each Industry Working Group member helps mitigate risk and make nuclear power an attractive investment.
About The Nuclear Company
The Nuclear Company is a fleet-scale nuclear deployment company using proven technology to construct a series of nuclear power plants across America. Through its design-once, build-many approach and coalition building across communities, regulators, and financial stakeholders, The Nuclear Company is committed to delivering safe and reliable electricity at the lowest cost, while catalyzing the nuclear industry toward rapid development in America and globally. For more information, visit: www.thenuclearcompany.com
Contacts
The Nuclear Company Media Relations: info@thenuclearcompany.com
