Areva, MHI submit nuclear reactor design for Canadian approval

Pickering, Ontario, February 22, 2011 – ATMEA, a joint venture between Areva and Mitsubishi Heavy Industries, Ltd., has submitted the ATMEA1 reactor for pre-project design review with the Canadian Nuclear Safety Commission.

The ATMEA1 reactor is under consideration as part of the proposed Clean Energy Park near the Point Lepreau nuclear station in New Brunswick.

Areva, the province of New Brunswick and utility New Brunswick Power signed a letter of intent last July to develop a Clean Energy Park that would feature a mid-sized reactor and renewable generation built by Areva.

ATMEA1 is a 1,100 MW Generation III+ pressurized water reactor (PWR) using technology developed by ATMEA.

“This is an important step forward for the proposed Clean Energy Park project in New Brunswick and for the pursuit of new nuclear generation in Canada. Projects such as these would create thousands of jobs in Canada and spur billions of dollars in regional investment,” said Jacques Besnainou, CEO of Areva North America.

If approved by the CNSC, the ATMEA1 design also could be selected at sites in other Canadian provinces.

The ATMEA1 reactor is under certification in France, where the construction of a unit is studied.

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