9/25/2006
Press release
AREVA, Washington Group International and BWX Technologies Inc. have jointly submitted Expressions of Interest (EOI) to the U.S. Department of Energy (DOE) for both the development and deployment of a Consolidated Fuel Treatment Center (CFTC) and an Advanced Burner Reactor (ABR).
These Expressions of Interest support the DOE's Global Nuclear Energy Partnership (GNEP) initiative* and demonstrate that the AREVA-led team has the technology and experience to successfully accelerate GNEP safely and securely.
GNEP aims to expand the use of nuclear power to address the growing demand for energy. The initiative can increase U.S. and global energy security and provide for a safe expansion of clean nuclear power.
In August 2006, DOE announced its intention to seek Expressions of Interest from the domestic and international nuclear industry on the feasibility of accelerating development and deployment of a Consolidated Fuel Treatment Center and an Advanced Burner Reactor.
The Consolidated Fuel Treatment Center will be capable of processing used nuclear fuel into recyclable, energy-producing components and final waste materials. It will serve also as a fuel manufacturing plant. The Advanced Burner Reactor, a new type of nuclear reactor, will be designed to use recycled nuclear materials in a way that generates electricity with the valuable content of the irradiated fuel as well as to consume minor actinides.
* Press release about GNEP available on http://www.areva.com/ (February, 8, 2006)
More about
AREVA Inc. is the largest nuclear energy vendor in America (5,000 employees; 40 locations across the nation; nearly $2 billion in energy revenues in 2005). With manufacturing facilities in 40 countries and a sales network in more than 100 countries, the AREVA Group offers customers reliable technological solutions for CO2-free power generation and electricity transmission and distribution. We are the world leader in nuclear power and the only company to cover all industrial activities in this field. Our 58,000 employees are committed to continuous improvement on a daily basis, making sustainable development the focal point of the group's industrial strategy.
www.areva.com
A primary contractor for the U.S. Department of Energy and its predecessor agencies since 1942, Washington Group International is a global leader in engineering, procurement, construction pre-operational testing, start-up and safe and efficient operation of complex nuclear and non-nuclear facilities. Headquartered in Boise, Idaho, with more than $3 billion in annual revenue, the company has approximately 24,000 people at work around the world providing solutions in power, environmental management, defense, oil and gas processing, mining, industrial facilities, transportation and water resources.
BWX Technologies Inc. has a 50-year history of owning and operating nuclear and national security production facilities both commercially and for the DOE. BWXT is licensed by the Nuclear Regulatory Commission to fabricate, process, use and store highly enriched uranium. BWXT currently has a contract with the DOE at its Lynchburg Technology Center where it has demonstrated that spent nuclear fuel can be temporarily stored, transferred and repackaged safely and securely. BWXT is a wholly owned subsidiary of McDermott International, Inc. (NYSE: MDR), a leading worldwide energy services company.
Press Office
Charles Hufnagel
Patrick Germain
T: 33 1 44 83 71 17
F: 33 1 44 83 25 52
press@areva.com
Investors Relations
Vincent Benoit
T: 33 1 44 83 71 79
vincent.benoit@areva.com
Frédéric Potelle
T: 33 1 44 83 72 49
frederic.potelle@areva.com
These Expressions of Interest support the DOE's Global Nuclear Energy Partnership (GNEP) initiative* and demonstrate that the AREVA-led team has the technology and experience to successfully accelerate GNEP safely and securely.
GNEP aims to expand the use of nuclear power to address the growing demand for energy. The initiative can increase U.S. and global energy security and provide for a safe expansion of clean nuclear power.
In August 2006, DOE announced its intention to seek Expressions of Interest from the domestic and international nuclear industry on the feasibility of accelerating development and deployment of a Consolidated Fuel Treatment Center and an Advanced Burner Reactor.
The Consolidated Fuel Treatment Center will be capable of processing used nuclear fuel into recyclable, energy-producing components and final waste materials. It will serve also as a fuel manufacturing plant. The Advanced Burner Reactor, a new type of nuclear reactor, will be designed to use recycled nuclear materials in a way that generates electricity with the valuable content of the irradiated fuel as well as to consume minor actinides.
* Press release about GNEP available on http://www.areva.com/ (February, 8, 2006)
More about
AREVA Inc. is the largest nuclear energy vendor in America (5,000 employees; 40 locations across the nation; nearly $2 billion in energy revenues in 2005). With manufacturing facilities in 40 countries and a sales network in more than 100 countries, the AREVA Group offers customers reliable technological solutions for CO2-free power generation and electricity transmission and distribution. We are the world leader in nuclear power and the only company to cover all industrial activities in this field. Our 58,000 employees are committed to continuous improvement on a daily basis, making sustainable development the focal point of the group's industrial strategy.
www.areva.com
A primary contractor for the U.S. Department of Energy and its predecessor agencies since 1942, Washington Group International is a global leader in engineering, procurement, construction pre-operational testing, start-up and safe and efficient operation of complex nuclear and non-nuclear facilities. Headquartered in Boise, Idaho, with more than $3 billion in annual revenue, the company has approximately 24,000 people at work around the world providing solutions in power, environmental management, defense, oil and gas processing, mining, industrial facilities, transportation and water resources.
BWX Technologies Inc. has a 50-year history of owning and operating nuclear and national security production facilities both commercially and for the DOE. BWXT is licensed by the Nuclear Regulatory Commission to fabricate, process, use and store highly enriched uranium. BWXT currently has a contract with the DOE at its Lynchburg Technology Center where it has demonstrated that spent nuclear fuel can be temporarily stored, transferred and repackaged safely and securely. BWXT is a wholly owned subsidiary of McDermott International, Inc. (NYSE: MDR), a leading worldwide energy services company.
Press Office
Charles Hufnagel
Patrick Germain
T: 33 1 44 83 71 17
F: 33 1 44 83 25 52
press@areva.com
Investors Relations
Vincent Benoit
T: 33 1 44 83 71 79
vincent.benoit@areva.com
Frédéric Potelle
T: 33 1 44 83 72 49
frederic.potelle@areva.com