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• French President Sarkozy Pushes Use of Nuclear Energy

  France is among the world's top users and exporters of nuclear power. Roughly two-thirds of French electricity is derived from it - Edited by April Murelio - According to a report by VOA, French President Nicolas Sarkozy is urging the world community to embrace nuclear energy as an indispensable tool in the fight against global warming. Mr. Sarkozy also called for poor countries in particular to have access to nuclear power. ... Posted Mar 10 2010, 08:39 AM by steveheiser with | with no comments Filed under: AREVA, France, conference, ENERGY, nuclear, power, Sarkozy, paris, Nicolas Sarkozy

• AREVA: MOX Fuel Provides Electricity For The Second Time In Japan

  Following the contract signed in 2006 between AREVA* and Mitsubishi Heavy Industries Ltd. (MHI), a fuel assemblies delivery took place on May 2009 - By Linton Levy - The Ikata nuclear plant, operated by Japanese electric power company SHIKOKU Epco on the Shikoku Island (Ehime Prefecture) has started power generation with AREVA’s* MOX fuel. ... Posted Mar 09 2010, 08:55 AM by steveheiser with | with no comments Filed under: uranium, AREVA, mixed oxide fuel, MOX, Mitsubishi Heavy Industries, Japan, France, Plutonium, MHI, ENERGY, nuclear, power, mixed oxide, SHIKOKU, melox, SHIKOKU Epco

• AREVA Releases 2009 Financial Numbers

  AREVA expanded its backlog and increased its revenues compared with 2008, on strong installed base business and dynamic major projects, fostering growth in operating income of 240 million euros - Edited by Stephen Heiser - AREVA's Annual results 2009 Highlights: • For the group as a whole, including Transmission & Distribution o Backlog: €49.4bn (+2.5%) o Revenues: €14bn (+6.4%) o Operating income: €501m (+20.1%) • Nuclear and Renewable Energies perimeter: o Backlog: €43.3bn (+1.8%) o Strong revenue growth: +5.4% to €8.5bn o Operating income before provision for the Finnish project in the first half of 2009: €647m o Operating income: €97m, for a €240m increase from 2008 • Net income attributable to equity holders of the parent: €552m, i.e. €15.59 per share • Net debt: €6,193m • Pro forma net debt, including net cash to be received from the sale of T&D in 2010: €3,022m • Dividend of €7.06 per share to be proposed during the Annual General Meeting of Shareholders of April 29, 2010... Posted Mar 05 2010, 08:54 AM by steveheiser with | with no comments Filed under: earnings, financials, AREVA, ENERGY, nuclear, power, 2010, results, 2009, backlog, areva t&d, 2012, guidance

• AREVA Organizes First International Nuclear Recycling Day

  The first International Nuclear Recycling Day was held at the François Mitterrand national library, Paris. - By Linton Levy - The event, organized by AREVA with the participation of the Boston Consulting Group and TNS Sofres, brought together 200 international energy professionals, scientists, industry figures and public officials, to debate and discuss the issue of nuclear fuel recycling. ... Posted Mar 01 2010, 08:55 AM by steveheiser with | with 3 comment(s) Filed under: AREVA, reprocessing, recycling, nuclear waste, spent fuel , AREVA Blog, blog, ENERGY, nuclear, power, fuel, TNS Sofres, Boston Consulting Group

• AREVA And Jordan's JAEC Ink Historical Nuclear Power And Mining Agreement

  This recent agreement paves the way for a long-term partnership between AREVA and JAEC in the development of Jordan’s nuclear power generation program - By Stephen Heiser - His Excellency Mr Abu Hammour, Minister of Finance of the Kingdom of Jordan, His Excellency Dr Khaled Toukan, Chairman of the Jordan Atomic Energy Commission (JAEC), Anne Lauvergeon, CEO of AREVA, and Jean-Jacques Gautrot, Vice-Chairman of Nabataean Energy*, have signed a mining agreement for the uranium resources in the region of Central Jordan. This announcement follows the initial agreement signed between AREVA and JAEC in October 2008 for the joint exploration of the zone. ... Posted Feb 23 2010, 08:55 AM by steveheiser with | with no comments Filed under: AREVA, France, mining, agreement, Jordan Atomic Energy Commission, JAEC, ENERGY, nuclear, power, cooperation, Jordan, Nabataean Energy, sign

• China's Inland Nuclear Power Projects Will Use Westinghouse Technology

  China is planning a massive switch over from fossil and hydro-based power to nuclear sources in order to meet huge domestic power demands - Edited by April Murelio - According to a report by Domain-B, China has completed design work for three nuclear power plants, which will be the first to be based inland. All of China's existing nuclear projects too date have been on the coast. ... Posted Feb 11 2010, 08:10 AM by steveheiser with | with no comments Filed under: Westinghouse, AP1000, China, AREVA, India, Rosatom, reactor, demand, project, inland

• AREVA Will Acquire U.S. Company Ausra

  AREVA taps Ausra’s management team and proven technology to become a world leader in concentrated solar thermal energy - By Chris Smith - AREVA has announced the 100% acquisition of U.S.-based Ausra, a leading provider of large-scale concentrated solar power solutions for electricity generation and industrial steam production. This acquisition launches AREVA’s new global solar energy business. It reflects AREVA’s strategic objective to be the world leader in concentrated solar power (CSP) and will further strengthen and diversify its renewables portfolio. ... Posted Feb 11 2010, 08:05 AM by steveheiser with | with no comments Filed under: Engineering, AREVA, acquisition, (EPC), Procurement and Construction, Ausra

• Preparation Of The Fourth MOX Maritime Shipment To Japan

  A transport of MOX fuel from France to Japan is now under preparation - By Stephen Heiser - In agreement with the Governments of the three involved countries of Japan, France and the United Kingdom, in coherence with their transparency engagement and for obvious security reasons, the communication related to this MOX transport operation will be carried out in the following way by the two industrial Companies of Japan (KYUSHU Electric Power Company and KANSAI Electric Power Company), by AREVA in France and by INS in the United Kingdom,: ... Posted Feb 10 2010, 08:55 AM by steveheiser with | with no comments Filed under: uranium, AREVA, nuclear fuel, mixed oxide fuel, MOX, Japan, France, Plutonium, ENERGY, nuclear, power, shipping, KYUSHU Electric Power Company, KANSAI Electric Power Company

• AREVA And EDF Reach Accord On Spent Nuclear Fuel Management

  The agreement lays down the conditions for applying the framework agreement of December 19, 2008, which sets the principles of a long-term partnership for operations of treatment-recycling of used fuel, and reprocessed fuel fabrication (MOX1) - By Stephen Heiser - AREVA and EDF have reached an agreement covering the transportation, treatment and recycling of used nuclear fuel, for which a contract will be signed before the end of the first quarter of 2010. ... Posted Feb 09 2010, 08:50 AM by steveheiser with | with no comments Filed under: uranium, AREVA, MOX, EDF, spent fuel , Plutonium, ENERGY, nuclear, power, fuel, Electrcite de France, mixed oxide

• AREVA, KEPCO Ink Deal To develop Imouraren Mine, Plan To Grow Cooperation

  Under the terms of the agreement, KEPCO will take an indirect 10 % stake in the Imouraren SA mining company, jointly owned by AREVA and the Nigerien state - By Linton Levy - AREVA CEO Anne Lauvergeon and Ssang-Soo Kim, CEO of the Korea Electric Power Corporation (KEPCO), met in Paris to sign an agreement for the Korean group to join the Imouraren mine in Niger. The agreement is a continuation of that reached by AREVA and KEPCO for the Georges Besse II enrichment plant, and confirms their desire to work together at the front end of the nuclear fuel cycle. ... Posted Feb 09 2010, 08:45 AM by steveheiser with | with no comments Filed under: AREVA, France, Korea, Niger, enrichment, KEPCO, Korea Electric Power Corporation, mine, south korea, georges besse II, Imouraren, Georges Besse

• Baker Wins 2010 ACEC/PA Diamond Honor Award for Three Mile Island Steam Generator Transport Project

  This fast-track project required delivery of the generators in September 2009 to support TMI’s license renewal to continue operations through 2034 - By April Murelio - Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation, was presented with a Diamond Honor Award in the Special Projects Category at the 2010 Annual Awards Dinner by the American Council of Engineering Companies of Pennsylvania (ACEC/PA) in Hershey, Pa. Baker received the award for its outstanding route planning, and bridge and highway engineering to support AREVA NP Inc.’s delivery of two steam generators to Three Mile Island Generating Station (TMI) at Middletown, Pa. ... Posted Feb 08 2010, 08:50 AM by steveheiser with | with no comments Filed under: AREVA, steam generator, AREVA NP, TMI, award, three mile island, Michael Baker Corporation, Michael Baker Jr., Baker

• AREVA And Brazil's INB Ink Conversion Services Agreement

  Both partners stress the value and benefits of such a longstanding agreement that brings security of supply to INB and is in line with AREVA's strategy to develop stable and long term partnerships with major actors in the nuclear field - By Stephen Heiser - INB (Industrias Nucleares do Brasil) and AREVA have signed a major conversion services contract, covering the next 5 years of conversion service supply for ANGRA* Nuclear Power Plants (existing units 1 and 2 and next unit 3). ... Posted Feb 04 2010, 08:58 AM by steveheiser with | with no comments Filed under: AREVA, Brazil, reprocessing, ENERGY, nuclear, power, fuel, conversion, angra, Industrias Nucleares do Brasil, INB

• AREVA's New Website Provides More interaction And More Information

  Users will be given the opportunity to put their questions directly to group employees, who will answer on their own expertise, and dialog with a community interested in the group's activities and in current and future energy issues - By Chris Smith - AREVA has launched its new internet site, areva.com, after an 18-month development process. With its added content, interactive features and wealth of factual information, the new site illustrates the group’s commitment to transparency and dialog, and meets the highly-developed expectations of today’s Internet users. ... Posted Feb 04 2010, 08:47 AM by steveheiser with | with no comments Filed under: AREVA, information, ENERGY, website, nuclear, power, employees, interaction, experts

• AREVA Gets NRC Approval For Safety-Related Digital I&C System

  TELEPERM XSTM is included in the design for new nuclear plants, like the EPR reactor - By Stephen Heiser - AREVA has announced that the U.S. Nuclear Regulatory Commission (NRC) has granted approval for the digital Instrumentation & Controls (I&C) system upgrade of a U.S. nuclear station. AREVA is the first and only supplier to receive NRC approval for full application of a safety-related digital I&C system. ... Posted Feb 03 2010, 08:56 AM by steveheiser with | with no comments Filed under: NRC, AREVA, EPR, Safety, reactor, ENERGY, nuclear, power, Nuclear Regulatory Commission, U.S., control, instrumentation, instrumentation and control, power plant, I&C, TELEPERM XS

• Areva Enjoys Strong Revenue Growth In 2009: +5.4% to €8.5B

  Areva Sees Strong revenue growth in 2009: +5.4% to €8.5B • Disposal of the Transmission & Distribution division • Strong installed base business in Nuclear and Renewable Energies o Despite a weak economic environment, the backlog at year-end 2009 is up 2% to 43.3 billion euros (€B), incl. more than €1B in Renewables o Strong revenue growth in 2009: +5.4% to €8.5B o 2010 outlook: significant growth in backlog and in revenue ... Posted Feb 02 2010, 08:55 AM by steveheiser with | with no comments Filed under: earnings, AREVA, ENERGY, nuclear, power, 2010, reactors, finacials, results, 2009, areva t&d, maintainence