EDF, Areva's New Nuclear Reactor Design to Be Approved in UK By Year End
November 14 2012 - 1:56PM
Dow Jones News
The design of the new EPR nuclear reactor currently elaborated
by French power utility Electricite de France SA (EDF.FR) and
nuclear engineering firm Areva SA (AREVA.FR) is on course to be
approved by U.K. regulators by the end of the year.
MAIN FACTS:
- EDF said the update from regulators means that the UK EPR
remains on schedule to be approved by the end of this year, in time
for a decision from EDF Energy on whether to proceed with the
project.
- The EPR reactor design is planned for new nuclear power
stations at Hinkley Point and Sizewell.
- According to EDF, a report from the U.K. regulator recognizes
"the improvements in the quality and timeliness of the submissions"
made by EDF Energy and AREVA to address issues during the last six
months, and concludes that "closure of all issues should be
achievable before the end of the year".
- Write to Inti Landauro at inti.landauro@dowjones.com
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