MONTREAL, Dec. 12,
2024 /CNW/ - AtkinsRéalis Group Inc. (TSX:
ATRL), a world-class engineering services and nuclear company with
offices around the world, announced today that it has been selected
as the Owner's Engineer for Energy Northwest's small modular
reactor (SMR) project in Washington
state, US.
"We are thrilled to see utilities worldwide turning to
AtkinsRéalis to support strategic public-private-partnerships by
leveraging the deployment of nuclear power technology," said
Ian L. Edwards, President and Chief
Executive Officer, AtkinsRéalis. "This partnership with
Energy Northwest will highlight SMRs capability to support the AI
revolution with safe and clean electricity for
generations."
Energy Northwest, a public power agency leading the development
of next generation nuclear technologies, owns and operates Columbia
Generating Station, the Pacific Northwest's only nuclear generating
facility, as well as hydroelectric, wind and solar projects and
battery storage. Energy Northwest recently announced an
agreement with Amazon and X-energy to develop four to 12 SMRs.
This SMR development will lead to clean, reliable, sustainable and
carbon-free energy for the Northwest.
Under the Owner's Engineering Services Contract, AtkinsRéalis
will support the design, licensing, construction and commissioning
of the SMR project. Work will be supported by the recently opened
state-of-the-art 32,000 ft2 AtkinsRéalis Technology
Center (ATC) in Richland. The
ATC is a fully integrated engineering and technology facility
dedicated to advancement and testing of technical
innovations.
Energy Northwest has just begun a multi-year feasibility phase
agreement with Amazon, which will focus on comprehensive
environmental, safety, permitting, licensing and risk analyses. If
the project is approved, the next phase will lead to submission of
a construction permit application to build the SMRs.
"AtkinsRéalis possesses extensive technical expertise on
developing complex energy projects, which makes them an ideal
partner," said Greg Cullen, Vice
President for Energy Services & Development at Energy
Northwest. "This collaboration not only supports the proposed
development of next-generation nuclear technology, but will bring
lasting benefits to our region, including job creation, economic
growth, and clean, firm and reliable energy."
"Leveraging our well-documented global nuclear design
capabilities and exceptional engineering experience, we are excited
to be part of the Energy Northwest team for this first of its kind
facility in the Pacific Northwest where we've been working for many
decades," said Joe St. Julian,
President, AtkinsRéalis, Nuclear. "The future of clean energy must
include nuclear power and AtkinsRéalis and Energy Northwest are
uniquely positioned to make this vision become a reality."
AtkinsRéalis has about 40,000 employees around the world and
more than 70 years of experience in the nuclear industry. The
Company has successfully delivered nuclear projects in Argentina, Canada, China, France, Japan, Korea, Romania, South
Africa, Switzerland,
United Kingdom and the United States. AtkinsRéalis understands
the intricacies of nuclear licensing and is uniquely positioned to
provide novel technology guidance in SMR designs. AtkinsRéalis is
the steward of Canadian CANDU® technology and supports SMR
facilities in Canada, the
United Kingdom and the
development of six proposed sites in Poland.
About AtkinsRéalis
Created by the integration of long-standing organizations
dating back to 1911, AtkinsRéalis is a world-class engineering
services and nuclear company dedicated to engineering a better
future for our planet and its people. We create sustainable
solutions that connect people, data and technology to transform the
world's infrastructure and energy systems. We deploy global
capabilities locally to our clients and deliver unique end-to-end
services across the whole life cycle of an asset including
consulting, advisory & environmental services, intelligent
networks & cybersecurity, design & engineering,
procurement, project & construction management, operations
& maintenance, decommissioning and capital. The breadth and
depth of our capabilities are delivered to clients in strategic
sectors such as Engineering Services, Nuclear and Capital.
News and information are available at
www.atkinsrealis.com or follow us on
LinkedIn.
About AtkinsRéalis' Nuclear Business
AtkinsRéalis has over 70 years of global nuclear expertise,
delivering nuclear technology products and full-service solutions
to nuclear utilities around the world. AtkinsRéalis is the steward
of CANDU® nuclear technology, operating on four continents, and
provides advisory and engineering services to other nuclear
developers. With an innovative technology portfolio, including
access to over 500 patented solutions, AtkinsRéalis solves
technically complex challenges across the whole nuclear lifecycle
from design and new build through asset management and from life
extension and late life management through decommissioning and
waste management. AtkinsRéalis operates and manages government
nuclear research sites, transforming ageing infrastructure and
safely managing legacy nuclear waste. AtkinsRéalis' CANDU
technology also allows for the co-production of medical
radioisotopes for cancer detection and treatment. The company also
supports cancer treatment through its partnership with TerraPower
to extract isotopes from legacy nuclear material. Learn
more on our Nuclear market page.
Forward-Looking Statements
References in this press release to the "Company",
"AtkinsRéalis", "we", us" and "our" mean, as the context may
require, AtkinsRéalis Group Inc. or all or some
of its subsidiaries or joint arrangements or associates. Statements
made in this press release that describe the Company's expectations
or strategies constitute "forward-looking statements", which can be
identified by the use of the conditional or forward-looking
terminology such as "estimates", "expects", "forecasts", "intends",
"may", "objective", "plans", "projects", "should", "will",
"likely", or other variations thereon. Forward-looking statements
also include any other statements that do not refer to historical
facts. The Company cautions that, by their nature,
forward-looking statements involve risks and uncertainties, and
that its actual actions or results could differ materially from
those expressed or implied in such forward-looking statements.
Forward-looking statements are presented for the purpose of
assisting investors and others in understanding certain key
elements of the Company's current objectives, strategic priorities,
expectations and plans, and in obtaining a better understanding of
the Company's business and anticipated operating environment.
Readers are cautioned that such information may not be appropriate
for other purposes. Forward-looking statements made in this press
release are based on a number of assumptions believed by the
Company to be reasonable as at the date hereof. The assumptions are
set out throughout the Company's 2023 annual management disclosure
& analysis ("MD&A") (particularly in the sections entitled
"Critical Accounting Judgments and Key Sources of Estimation
Uncertainty" and "How We Analyze and Report our Results") filed
with the securities regulatory authorities in Canada, available on SEDAR+ at
www.sedarplus.com and on the Company's website
at www.atkinsrealis.com under the "Investors" section.
If these assumptions are inaccurate, the Company's actual results
could differ materially from those expressed or implied in such
forward-looking statements. In addition, important risk factors
could cause the Company's assumptions and estimates to be
inaccurate and actual results or events to differ materially from
those expressed in or implied by these forward-looking statements.
Those risks are identified in the Company's 2023 annual MD&A
(particularly in the sections entitled "Risk and Un
certainties"), as updated in the first and second
quarters 2024 MD&A, are not exhaustive. The
forward-looking statements herein reflect the Company's
expectations as at the date of this press release and are subject
to change after this date. The Company does not undertake to update
publicly or to revise any such forward-looking statements whether
as a result of new information, future events or otherwise, unless
required by applicable legislation or regulation. The
forward-looking information and statements contained herein are
expressly qualified in their entirety by this cautionary
statement.
About Energy Northwest
Energy Northwest is a Washington
state public power joint operating agency and a premier
provider of carbon-free electricity. Energy Northwest comprises 29
public power member utilities, serving more than 1.5 million
customers, and provides its members and regional customers with
safe, reliable, cost-effective, responsible power generation and
innovative energy and business solutions. The agency owns and
operates hydroelectric, solar, battery storage, wind and the
Northwest's only nuclear power facility. Energy Northwest also
actively supports transportation electrification and new generation
projects to the benefit of public
power. www.energy-northwest.com.
SOURCE AtkinsRéalis