Small Modular Reactor - Nuclear - Tractebel

Independent Cost Review for Gen IV SMR FOAK project

  • Cost Review
  • Risk Management
Client
Confidential
Country
Canada
Period
2023
Fabio_Nouchy
Fabio Nouchy
Business Manager - Small Modular Reactor
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Services provided
  • Pre-Feasibility & Feasibility study

The Challenge

To secure internal and external support for a major infrastructure investment, the client needed to increase confidence in its cost estimates. The complexity of the project, combined with uncertainties in supply chain strategy, construction methodology, and benchmarking data, made it difficult to validate the financial assumptions. A robust and transparent cost review was essential to build traction and move the project forward.

The Solution

Tractebel conducted a comprehensive techno-economic due diligence, leveraging its multidisciplinary expertise and international project experience. The scope included verifying the completeness of the Code of Accounts, collecting and processing cost data from benchmarked global projects, and reviewing the supply chain and construction strategies. Tractebel also integrated lessons learned from previous projects to refine assumptions and validate the cost structure. This systematic approach ensured that all critical cost drivers were assessed and aligned with industry best practices.

The Impact

Tractebel delivered a detailed and credible cost review that strengthened the client’s confidence in the financial viability of the project. Supported by international benchmarks and Tractebel’s first-hand experience, the analysis provided a solid foundation for stakeholder engagement, risk management, and investment decision-making. This mission exemplifies Tractebel’s role as a trusted advisor in complex infrastructure development, helping clients move from concept to execution with clarity and confidence.

Small Modular Reactor - Nuclear - Tractebel

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