Work safeguards future of emission-free
electricity generation
DALLAS, April 7,
2022 /PRNewswire/ -- Jacobs (NYSE:J) was selected
alongside General Electric and Westinghouse Electric Company LLC to
support preliminary phase life extension work at the Sizewell B
nuclear power station in Suffolk, United
Kingdom.
EDF, operator of Sizewell B, is leading a Long-Term Operation
(LTO) program aimed at extending the station's operating lifespan
by 20 years to 2055.
Phase 1 of the program entails scoping works and cost-benefit
analysis to underpin the business case before a final investment
decision is made in 2024. EDF estimates the total value of this
phase at $14 million (₤10
million).
Sizewell B is the only pressurized water reactor and the most
modern and efficient plant in the U.K.'s civil nuclear fleet. The
U.K.'s nuclear stations have generated more than 2,000 terawatt
hours of zero carbon electricity since 1976 – enough to power all
the U.K.'s homes for more than 18 years – and their output has
avoided the emission of 700 million tonnes of CO₂.
"This collaboration, between Jacobs, General Electric,
Westinghouse and EDF, brings together the original equipment
manufacturer/architect engineer organizations from the design and
construction of Sizewell B in the1990s," said Jacobs Energy
Security & Technology Senior Vice President Karen Wiemelt. "Jacobs has worked at the station
since initial construction and, along with our partners, we bring
intrinsic knowledge and experience of plant life extension to the
LTO program, which will help safeguard the future of a vital part
of the U.K.'s clean energy infrastructure."
"Sizewell B power station is an important national asset that
helps deliver clean, independent energy supplies. EDF is actively
exploring a 20-year life extension opportunity to take output
to 2055. A final investment decision is anticipated by 2024," said
EDF Chief Nuclear Officer Paul
Morton.
At Jacobs, we're challenging today to reinvent tomorrow by
solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With $14 billion in revenue and
a talent force of approximately 55,000, Jacobs provides a full
spectrum of professional services including consulting, technical,
scientific and project delivery for the government and private
sector. Visit jacobs.com and connect with Jacobs on
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forward-looking statements as such term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such statements
are intended to be covered by the safe harbor provided by the same.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management's current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking statements,
including, but not limited to, the impact of the COVID-19 pandemic,
including the emergence and spread of variants of COVID-19, the
efficacy and availability of vaccines and treatments, and the
related reaction of governments on global and regional market
conditions and the company's business. For a description of some
additional factors that may occur that could cause actual results
to differ from our forward-looking statements, see the discussions
contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 -
Legal Proceedings; and Item 7 - Management's Discussion and
Analysis of Financial Condition and Results of Operations in our
most recently filed Annual Report on Form 10-K, ,and Item 2 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations; Item 1 - Legal Proceedings; and Item 1A -
Risk Factors in our most recently filed Quarterly Report on Form
10-Q, as well as the company's other filings with the Securities
and Exchange Commission. The company is not under any duty to
update any of the forward-looking statements after the date of this
press release to conform to actual results, except as required by
applicable law.
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Kerrie Sparks
214.583.8433
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SOURCE Jacobs