Korean builder looks to advance contract with Fermi America in 1st half of year
Hyundai Engineering & Construction (E&C) is strengthening its presence in the US nuclear power sector, showcasing its expertise in large-scale nuclear power plant construction in Texas, the company announced Wednesday.
Hyundai E&C hosted a nuclear power plant technology seminar at The Westin Dallas Downtown, presenting its advanced nuclear technologies to representatives from approximately 100 companies. Attendees included key stakeholders from the American nuclear power and construction industries.
The seminar served as a platform to foster partnerships with leading local companies for Fermi America’s Project Matador, a planned 11-gigawatt private energy campus located outside Amarillo, Texas. The project aims to build a four-unit AP1000 nuclear power plant.
Hyundai E&C’s presentation highlighted critical aspects of nuclear construction, including standards, mechanical installation, modular construction, specialized construction works, heavy lifting, plant building, and workforce development and training.
“AI-driven growth is accelerating faster than most people realize,” said Mesut Uzman, CEO of Fermi Nuclear, during his congratulatory address.
“The next decade will be defined by who can build power infrastructure fast enough to support AI and industrial growth. Hyundai E&C brings the industrial scale and execution discipline needed to deliver significant energy projects like Fermi America’s Project Matador. We see this partnership with Hyundai E&C as a critical step toward rebuilding US energy capacity.”
Recognizing the decline in the US nuclear workforce and supply chain due to a prolonged period of inactivity in nuclear construction, Hyundai E&C intends to leverage the technology seminar to improve industry understanding of nuclear power projects and establish strong relationships with key companies, thereby enhancing its competitiveness in the local market.
Following the successful completion of its front-end engineering design (FEED) contract with Fermi America for the four large-scale nuclear power plants last year, Hyundai E&C is concentrating on site layout planning, cooling system assessments, and cost and schedule estimations. The company anticipates securing an engineering, procurement, and construction (EPC) contract in the first half of this year.
“We believe this seminar, which shared practical knowledge and expertise across various large-scale nuclear construction disciplines while demonstrating Hyundai E&C’s global expertise and technical capabilities, will encourage greater participation from leading local construction firms in nuclear power projects,” stated a Hyundai E&C official.
“As Hyundai E&C and Fermi America continue discussions on a wide range of collaborative initiatives, including pursuing a large-scale nuclear EPC project, we are committed to moving beyond mere project execution and establishing a sustainable framework for nuclear power plant construction in Texas and throughout the United States.”
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