AtkinsRéalis and Hoosier Energy to explore up to eight CANDU reactors in Indiana
AtkinsRéalis and Hoosier Energy signed a memorandum to explore up to eight CANDU reactors totaling 6.0 GW in Indiana, Reuters reports.
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what happened
AtkinsRéalis and Hoosier Energy have signed a memorandum of understanding that opens discussions on assessing CANDU nuclear technology in the US state of Indiana. The talks concern a possible deployment of up to eight units with combined capacity of 6.0 GW.
According to Reuters, the evaluation also considers smaller gas turbine plants that could come online before any nuclear plants.
why it matters
The agreement is preliminary and does not commit any funding or a final decision to build. For markets, it signals that local utilities are weighing nuclear generation as an option for future capacity, but there are no firm commitments yet, so the effect on uranium markets and equipment makers is currently limited.
market impact
Uranium and nuclear equipment: interest in new US reactors supports long-term sector expectations
tags
instruments
sources
- Atkinsréalis - Co, Indiana, Hoosier Energy Sign MoU To Explore Up To Eight Candu Reactors, 6.0 GW — Reuters, 19 October 2026 at 22:10 UTC
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