Jacobs Engineering Group Inc. (NYSE: J) is an American international technical professional services firm.The company provides engineering, technical, professional and construction services, as well as scientific and specialty consulting for a broad range of clients globally, including companies, organizations, and government agencies. Jacobs has consistently ranked No. 1 on both Engineering News-Record (ENR)'s 2018/2019/2020 Top 500 Design Firms and Trenchless Technology’s 2018/2019 Top 50 Trenchless Engineering Firms. Its worldwide annual revenue reached over $10 billion in the 2018 fiscal year, and earnings rose to over 163 million.
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In 2021 a study found that Hinkley Point C would pump up 120,000 litres of seawater a second from the Severn Estuary, killing an estimated 182 million fish a year.
Jacob's Engineering is constructing the Hinkley Point C nuclear reactor, controversial for the reason of its excessive delays and cost overruns. “It’s three times over cost and three times over time where it’s been built in Finland and France,” said Paul Dorfman of UCL Energy Institute. The companies involved have been accused of a conflict of interest as the company advising the UK about cost management was owned by Jacobs Engineering, while Jacobs was working for the company managing the project EDF. In other words, a subsidiary of a company hired by EDF was advising the UK how much money to grant EDF.
In 2015, Greenpeace, the state of Austria, and nine German and Austrian utility companies, sued the European Commission for approving the deal, contending that state aid was unfair. “Nuclear power is the technology of the past. We should not keep it alive artificially with government subsidies,” said Andrä Rupprechter, Austria's minister of agriculture and forestry.
In 2021 a study found that Hinkley Point C would pump up 120,000 litres of seawater a second from the Severn Estuary, killing an estimated 182 million fish.
Breakthroughs water episode
March 2, 2022