Nuclear Energy Insider: Nuclear Construction Market Booms to $120bn as SCE&G, Southern, Duke, FPL and the DOE Make Headway

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This week valuations of the US nuclear construction industry boomed to levels that ensure the US will be at the forefront of the Nuclear Renaissance from 2012.

The development of projects from SCE&G’s VC Summer Plant, Southern’s Plant Vogtle, Duke’s Levy site and FPL’s Turkey Point, in conjunction with over $26bn in new government construction programs have given huge support for the industry. From these projects alone there is set to be in excess of $120bn of spend in the next 10 years.

This creates a vital opportunity for suppliers and service providers to secure a huge part of the market share and develop decades of sustainable business throughout the life cycle of these new plants by making vital new partnerships with core buyers.

Due to this Nuclear Energy Insider are hosting the 4th Annual Nuclear Construction Summit (October 23-24) in partnership with the Carolinas Nuclear Cluster. This is the only industry event that brings together 500 senior executives from Utilities, EPC’s and OEMS to learn how to deliver on time and on budget construction projects.

This year the event boasts –

  • Dozens of senior utility executives delivering case studies from projects including VC Summer, Vogtle, Turkey Point, Levy, Lee, Shearon Harris, Blue Castle Project, and many more
  • The latest government construction programs which will inject over $26bn into the industry to ensure attendees stay ahead of the market trends
  • Small Modular Reactor development forecasts from utility buyers who will be deploying multiple SMR programs so attendees know exactly how to penetrate this lucrative new market
  • Over 500 senior-level decision makers from across the supply chain at the region’s largest construction focussed conference and exhibition

This prestigious event will also host a keynote presentation from Westinghouse Electric Company’s President Ric Perez. This rare appearance from Mr. Perez has already begun to generate a huge amount of buzz, causing the event to double its capacity due to early demand.

If you wish to know more about the 4th Annual Nuclear Construction Summit you can download the full conference brochure at http://www.nuclearenergyinsider.com/nuclear-construction-summit/conference-event-brochure.php

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Tommy Angell
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