Business · Energy & Commodities · 50 mins ago

AtkinsRealis and Turkey agree to study a possible nuclear plant

AtkinsRealis and Turkey agree to study a possible nuclear plant

AtkinsRealis and Turkey’s TUNAS signed an agreement for a study of a possible nuclear project in Turkey.

The study will examine a potential multiunit plant, with work due to be completed by the end of 2027.

The parties are discussing a six-unit, 4.5-gigawatt plant, and a separate engineering design study is planned for completion by 2028.

Turkey is considering new sites in Sinop on the Black Sea and in the Thrace region, beyond the 4.8-gigawatt Akkuyu plant under construction.

Turkey aims to raise nuclear capacity to 10 gigawatts by 2040, when it expects nuclear power to provide 11 per cent of electricity demand.

The study and design work could lead to a final investment decision, while financing and project costs remain important factors.

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What people are saying

Joe St. Julianpresident of nuclear at AtkinsRealis
There was also agreement on a road map for financing the project
via Globe and Mail
Alparslan BayraktarTurkey’s energy minister
2027 as a decision year for plans in Sinop or Thrace
via Globe and Mail