Candu Energy and TÜNAŞ Sign Nuclear Expansion Agreement
Candu Energy and Türkiye's state-owned TÜNAŞ signed an agreement to conduct feasibility studies for expanding Türkiye's nuclear power capacity.
Candu Energy Inc., a subsidiary of AtkinsRéalis Group Inc., and the state-owned Türkiye Nükleer Enerji Anonim Şirketi (TÜNAŞ) signed a Memorandum of Agreement during the COP31 summit in Antalya, Türkiye. The agreement initiates a feasibility study and Front-End Engineering Design activities to evaluate the technical, environmental, and economic viability of a multi-unit nuclear deployment.
The study is expected to conclude by the end of 2027. Joe St. Julian of AtkinsRéalis noted that current discussions focus on a six-unit plant with a 4.5-gigawatt capacity, with design work potentially continuing into 2028 to support a final investment decision.
This partnership supports the goal of the Government of Canada to expand the global reach of CANDU reactor technology. For Türkiye, the project aligns with a national objective to increase nuclear capacity to 10 GW by 2040, which would meet 11% of the country's electricity demand.