AECOM and Toshiba will work together on decommissioning nuclear reactors in Japan, a deal that gives AECOM inroads into the potential $50 billion Asian market for those services.
The alliance agreed to by both companies will offer services to Japanese government organization and commercial power utilities which plan to decommission their reactors and nuclear facilities.
“We are excited to partner with Toshiba and further expand our expertise in the nuclear D&D market,” said John Vollmer, AECOM’s president of its management services group. “In addition to our ongoing work at key U.S. Department of Energy sites and our recent selection for the $400 million Dounreay decommissioning framework, our teams have demonstrated a high level of success as we continue to expand our share within this high-growth market.”
Within the nuclear decommissioning sector, AECOM provides program management; planning, design and engineering; systems engineering and technical assistance; construction and construction management; operations and maintenance; environmental remediation; waste management and decommissioning, dismantling and closure services to a broad range of clients.
Japan, which imports close to 90 percent of its energy needs, currently generates close to 40 percent of its electricity with nuclear power, according to reports. Following the Fukushima accident in 2011, however, the nation temporarily shut down much of its nuclear fleet and is considering decommissioning numerous units.
Los Angeles-based AECOM is a global engineering firm involved in decommissioning projects worldwide. The company is working in the UK at Dounreay and the Low Level Waste Repository, as well as the San Onofre Nuclear Generating Station in southern California.