Core Insights - Nuclear energy is experiencing a resurgence globally, with countries looking to enhance their nuclear capabilities as a clean energy source that supports renewable energy and provides reliable baseload power for data centers [1] Company Developments - Fluor is expanding its operations in Europe, focusing on next-generation small modular reactors (SMRs) and the modernization of traditional nuclear plants [2] - A new office has been established in Bucharest, Romania, to manage nuclear energy projects, positioning Fluor as a key player in Romania's nuclear energy sector [3] - Fluor is involved in two significant projects in Romania: the RoPower SMR project and the expansion of the Cernavodă Nuclear Power Plant [3] Project Details - The RoPower project involves deploying six 77-megawatt (MWe) NuScale Power Modules at a decommissioned power plant, aiming to provide a total of 462 MWe of carbon-free baseload power [4] - The VOYGR-6 plant is a joint venture between Nuclearelectrica and Nova Power & Gas, with the final investment decision approved in February, moving into the pre-engineering procurement and construction phase [5] - The first NuScale Power Module is expected to be operational by July 2033, with the full six-module facility projected for completion by December 2034 [6] Financial Implications - The expansion and refurbishment of the Cernavodă Nuclear Power Plant represents a larger financial commitment for Fluor, with a multibillion-euro program that includes a €1.9 billion refurbishment of Unit 1 and a €3 billion construction of Units 3 and 4 [7]