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AREVA Inks Deal For Third Nuclear Clean Energy Park Project

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The site would feature a mid-sized generation III+ nuclear plant and renewable energy sources all built by AREVA. Power from the park would be used domestically in the province and exported to the Canadian Maritime region and to New England (USA)

 – By Linton Levy –

AREVA, the province of New Brunswick and the utility New Brunswick Power, have signed a letter of intent to develop a clean energy park near the Point Lepreau nuclear station (Canada). The project represents the third clean energy park in the world that would be developed by AREVA.
 
The site would feature a mid-sized generation III+ nuclear plant and renewable energy sources all built by AREVA. Power from the park would be used domestically in the province and exported to the Canadian Maritime region and to New England (USA).
 
“This is an important agreement for AREVA as it further validates the relevance of the clean energy park concept to build new CO2-free energy facilities,” said Jacques Besnainou, CEO of AREVA Inc. “It is also the recognition of AREVA’s expertise and the reliability and effectiveness of our technologies.”
 
AREVA is working on similar developments near Piketon, Ohio (USA) with Duke Energy and Fresno, California (USA) with FNEG. 
 
The group is developing two mid-sized generation III+ reactors: the 1,250 megawatt KERENA boiling water reactor and the 1,100 megawatt AT-MEA1 pressurized water design. AREVA also offers a broad portfolio of renewable energy solutions.  
    
The KERENA reactor is a mid-power reactor. It is intended for all types of networks, especially mid-power electrical networks.

The KERENA reactor is distinguished from EPR and ATMEA1 reactors by the technology employed: boiling water. It is therefore suitable in particular for operators who have operational experience in this domain.

Designed on the basis of the latest reactors of the Gundremmingen power plant in Germany, the KERENA reactor uses proven technologies while incorporating innovative solutions, such as a significant number of passive safety features to back up active systems. E.ON, a leading European utility, has already shown strong interest in the KERENA design.

Like the EPR reactor, the KERENA reactor is a generation III+ model. It therefore has similar characteristics in terms of safety and environmental impact. Its performance makes its users more competitive thanks to reduced electricity production costs.

AREVA provides its customers with solutions for carbon-free power generation in North America and all over the world. As the leader in nuclear energy and a significant, growing player in the renewable energies sector, AREVA combines U.S. and Canadian leadership, access to worldwide expertise and a proven track record of performance. Sustainable development is a core component of AREVA’s strategy. Its more than 5,000 U.S. and Canadian employees work every day to make AREVA a responsible industrial player helping to supply ever cleaner, safer and more economical energy to the greatest number of people. AREVA Inc. is headquartered in Bethesda, Maryland.


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