JOURNAL ARTICLE

Bechtel Expects 10 US Reactor Projects With New Shared-Risk Model.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Wade, Will 3 of 3

Abstract

The article discusses the potential for the construction of up to 10 large nuclear power plants in the U.S. within the next five years, a goal aligned with initiatives from the Trump administration. Bechtel Group Inc., a leading construction firm in the nuclear industry, expresses optimism about this prospect, contingent on a well-sequenced approach starting in 2026. However, this optimism is tempered by the challenges faced in the completion of the Vogtle power plant, which was significantly delayed and over budget. Bechtel is considering a new model for managing construction risks and is reevaluating its cost estimation processes to better handle potential project overruns. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/10, pN.PAG
  • Document Type:Article
  • Subject Area:Construction and Building
  • Publication Date:2025
  • Accession Number:188600571
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