AREVA and its U.S. consortium partner Bechtel Power Corporation have signed a term sheet with UniStar Nuclear Energy outlining the terms and conditions for an engineering, procurement and construction (EPC) contract for UniStar’s proposed Calvert Cliffs 3 nuclear energy facility project in Maryland. The EPC term sheet agreement is a critical step in negotiating an overall EPC contract.
The EPC contract for Calvert Cliffs 3 is planned to be the first in a series of standardized EPC contracts for a fleet of U.S. EPR™ facilities that will be licensed, developed and constructed as part of the UniStar Nuclear Energy business model.
The proposed U.S. EPR™ project at Calvert Cliffs 3 will provide a boost to the local economy. U.S. EPR™ facilities are estimated to generate as many as 4,000 skilled crafts jobs during construction.
In addition to the craft jobs during construction, the facility will generate approximately 400 permanent positions once the facility begins commercial operation. Many more indirect jobs and new business growth will be generated in nearby communities.
Share TAGS: AREVA EPR Reactor, AREVA Inc., AREVA North America, Bechtel Power Corporation, Calvert Cliffs, Maryland, Nuclear Energy, Nuclear Power, Nuclear Power Plants, UniStar Nuclear Energy
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