Canada's AtkinsRéalis has signed a Memorandum of Agreement with Turkey’s state-owned nuclear energy company to conduct a comprehensive feasibility study aimed at expanding Turkey’s nuclear sector. Announced during COP31 in Antalya, this agreement marks a significant step in Turkey's long-standing nuclear ambitions and aligns with Canada's strategy to export its Candu reactor technology globally.
What Happened
AtkinsRéalis will undertake a detailed feasibility study and front-end engineering design (FEED) evaluation, examining potential site characteristics, infrastructure requirements, environmental regulations, and project development needs. The study, scheduled for completion by the end of 2027, will also assess local supply chains, domestic nuclear expertise, and the long-term economic value of nuclear expansion in Turkey. This initiative is part of a broader strategy by AtkinsRéalis to promote its Candu reactor technology, which is currently operational in 25 reactors worldwide.
Joe St. Julian, president of AtkinsRéalis’ nuclear division, emphasized the global trend towards nuclear energy as a solution for energy security and resilience. With Turkey planning nuclear stations since the 1970s and the ongoing construction of a four-reactor plant in Akkuyu by Russian firm Rosatom, this new study could be pivotal in finally bringing operational nuclear power to Turkey.
What This Means for Your Business
For AECM industry professionals, the collaboration between AtkinsRéalis and Turkey represents a potential influx of international contracts and investment opportunities within the nuclear sector. Companies involved in construction, engineering, and manufacturing could benefit from supply chain engagement and infrastructure development associated with nuclear projects. The feasibility study's outcomes could shape procurement strategies and investment decisions, particularly as Turkey seeks to strengthen its energy security and infrastructure resilience.
Moreover, the project aligns with increasing global demand for sustainable and reliable energy solutions, presenting opportunities for firms specializing in nuclear technology and infrastructure. US operators should consider positioning themselves for potential partnerships or subcontracting opportunities as Turkey explores its nuclear capabilities.
What US Operators Should Watch
Industry stakeholders should monitor the completion of the feasibility study by the end of 2027, as it will likely dictate the timeline for subsequent phases of Turkey's nuclear expansion. Additionally, keeping abreast of Turkey's regulatory developments and procurement windows will be crucial for firms looking to engage in this market. As nations like Turkey and others seek reliable energy solutions, staying informed about international nuclear projects and technological advancements will be essential for competitive positioning.
Source: Global Construction Review. Read the original story ->
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