Aecon and Norsk Kjernekraft aim to develop SMRs in Norway

The partnership aims to develop a roadmap for feasibility studies, licensing, stakeholder management and site identification – Norsk Kjernekraft has already identified 10 potential locations where environmental assessments will begin.

Jonny Hesthammer, CEO of Norsk Kjernekraft, said: “This agreement represents an important step towards building strong international partnerships that can accelerate the development of SMRs in Norway. Aecon’s experience with Canada’s first BWRX-300 project provides valuable insights as we navigate Norway’s regulatory and policy landscape.”

Aaron Johnson, Senior Vice President, Nuclear, Aecon Group Inc, said: “Partnering with Norsk Kjernekraft marks an exciting step forward … from advanced manufacturing and automation to lessons learned and best practices, we are proud to bring our nuclear expertise to support the critical steps of this new build programme.”

Norsk Kjernekraft aims to build, own and operate SMR power plants in Norway in collaboration with power-intensive industry. It says it will prepare licence applications in accordance with national regulations and international standards. It will follow the International Atomic Energy Agency’s approach for milestones, and focus on what creates value in the early phase. Financing will take place in collaboration with capital-strong industry and solid financial players.

Aecon Kiewit Nuclear Partners were awarded a construction contract in May for the execution phase of Ontario Power Generation’s Darlington New Nuclear Project to build a GE Hitachi BWRX-300 SMR – described as North America’s first grid-scale small modular reactor. It is being delivered under an Integrated Project Delivery model. Aecon, the lead in the general partnership with Kiewit Nuclear Canada, said in May its share of the contract is valued at approximately CAD1.3 billion (USD934 million).

   

  • Related Posts

    Swedish state taking majority stake in Videberg Kraft

    In the spring amended budget for 2026, the government sought authorisation from the parliament – the Riksdag – to acquire 60% of the shares in Videberg Kraft for a maximum…

    First Lightbridge fuel samples removed from INL’s Advanced Test Reactor

    The fuel material samples were being tested under the Fission Accelerated Steady-State Testing method developed at Idaho National Laboratory, which is described as “an accelerated irradiation technique that uses Highly…

    Have You Seen?

    Video | The trends shaping medical gas systems in Europe

    • June 26, 2026
    Video | The trends shaping medical gas systems in Europe

    Cargo ship attack underlines strait volatility

    • June 26, 2026
    Cargo ship attack underlines strait volatility

    Tubing and fitting installation: Preventing leaks

    • June 26, 2026
    Tubing and fitting installation: Preventing leaks

    CPH2 terminates first commercial 1MW membrane-less electrolyser deal

    • June 26, 2026
    CPH2 terminates first commercial 1MW membrane-less electrolyser deal

    OMV Petrom receives all 20MW electrolysers for Romanian clean fuel plant

    • June 26, 2026
    OMV Petrom receives all 20MW electrolysers for Romanian clean fuel plant

    US Oil’s Wildcat Tendencies Sputter Out

    • June 26, 2026
    US Oil’s Wildcat Tendencies Sputter Out

    Rapid US Grid Growth Could Rival Nation’s Largest System, Report Says

    • June 26, 2026
    Rapid US Grid Growth Could Rival Nation’s Largest System, Report Says

    SpaceX Plans to Build ‘Starpipe’ Natural Gas Pipeline to Fuel Starship Rockets

    • June 26, 2026
    SpaceX Plans to Build ‘Starpipe’ Natural Gas Pipeline to Fuel Starship Rockets

    Fire Extinguished at Monroe Energy’s Trainer Refinery in Pennsylvania

    • June 26, 2026
    Fire Extinguished at Monroe Energy’s Trainer Refinery in Pennsylvania

    Oil Prices Climb 2% After Cargo Ship Hit by Projectile Near Oman

    • June 26, 2026
    Oil Prices Climb 2% After Cargo Ship Hit by Projectile Near Oman