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TerraPower loses its EPC: Bechtel exits Natrium (Sep 21–22)

Energy

From the Energy digest for Oct 2, 2026

Sources ANS WNN

Bechtel and TerraPower "will no longer be involved" with each other on the Natrium first-of-a-kind plant in Kemmerer, Wyo., after failing to agree on the next project phase; TerraPower says it will rebid the engineering-procurement-construction contract.

What's genuinely new: the first FOAK program of this wave to drop its lead EPC mid-stream. Neither side published the dispute's substance (schedule? scope? price?). Rebid timelines on FOAK nuclear EPC historically eat years — this is now the schedule-risk case study inside the SMR/novel-reactor cohort. Ledgered as watch.

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