Advanced Design Reactor is Basis for UniStar's Planned U.S. Nuclear Fleet
BALTIMORE, Dec. 11 /PRNewswire-FirstCall/ -- UniStar Nuclear Energy,
LLC (UNE), a strategic joint venture between Constellation Energy (NYSE:
CEG) and EDF, today congratulated AREVA on its submittal of a design
certification application for the U.S. Evolutionary Power Reactor (U.S.
EPR) to the U.S. Nuclear Regulatory Commission (NRC). UNE has proposed
building at least four standardized U.S. EPRs at selected sites throughout
the U.S. UNE and AREVA are partners in a joint venture created in 2005 to
market AREVA's EPR technology in the U.S.
"The U.S. EPR is the cornerstone of the UniStar business model," said
George Vanderheyden, president and chief executive officer of UNE,
president of UniStar Nuclear, LLC, and senior vice president, Constellation
Energy Nuclear Group. "AREVA's design is the safest, most secure, advanced
nuclear power plant technology available in the world today, and today's
submittal is a major milestone in our efforts to build the first new fleet
of nuclear power plants in the U.S. in three decades. We congratulate
AREVA, our partner in the nuclear renaissance, on this significant
accomplishment as we continue to work together to provide clean,
emissions-free, base-load power to help secure America's energy future."
UNE worked closely with AREVA in developing the design certification
application. In July, UNE submitted a partial combined license application
(COLA) to the NRC to potentially construct and operate a third reactor at
Constellation Energy's Calvert Cliffs Nuclear Power Plant in Lusby, Md. UNE
plans to submit the full COLA, which will reference information contained
in AREVA's design certification application in early 2008.
UniStar Nuclear Energy, a strategic joint venture between Constellation
Energy (NYSE: CEG) and EDF, is powering the nuclear renaissance in North
America through industry leadership, disciplined business practices and
effective risk-management. Based in Baltimore, UniStar Nuclear Energy
provides the licensing, construction and operating services needed to
support the expansion of clean, safe and sustainable nuclear energy in the
United States.
Constellation Energy (http://www.constellation.com), a FORTUNE 125
company with 2006 revenues of $19.3 billion, is the nation's largest
competitive supplier of electricity to large commercial and industrial
customers and the nation's largest wholesale power seller. Constellation
Energy also manages fuels and energy services on behalf of energy intensive
industries and utilities. It owns a diversified fleet of 78 generating
units located throughout the United States, totaling approximately 8,700
megawatts of generating capacity. The company delivers electricity and
natural gas through the Baltimore Gas and Electric Company (BGE), its
regulated utility in Central Maryland.
The EDF Group, one of the leaders in the energy market in Europe, is an
energy specialist that is active in all the businesses of electricity:
production, transport, distribution, energy supply and trading. The Group
is the leading electricity producer in Europe. In France, it has mainly
nuclear and hydraulic production facilities where 95 percent of the
electricity output involves no CO2 emissions. EDF operates over 1,200,000
km of low and medium voltage overhead and underground electricity lines and
around 100,000 km of high and very high voltage networks. The Group is
involved in supplying energy and services to close to 40 million customers
around the world, including more than 28 million in France. The Group
generated consolidated sales of euro 58.9 billion in 2006, of which 42
percent was in Europe excluding France. Net income (Group share) stood at
euro 5.6 billion, with net income from ordinary operations at euro 4.2
billion. EDF is listed on the Paris Stock Exchange and is a member of the
CAC 40 index.
As the leading U.S. nuclear vendor and a key player in the electricity
transmission and distribution sector, AREVA Inc.'s 5,000 energy employees
are committed to serving the nation and paving the way for the future of
the electricity market. With 40 locations across the nation and nearly $2
billion in energy revenues in 2006, AREVA Inc., through its subsidiaries,
combines U.S. leadership, access to worldwide expertise and a proven track
record of performance. In the U.S. and in more than 100 countries around
the world, AREVA is engaged in the 21st century's greatest challenges:
making energy available to all, protecting the planet, and acting
responsibly towards future generations. AREVA Inc. is headquartered in
Bethesda, Maryland.
SOURCE UniStar Nuclear Energy, LLC
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Related links:
http://www.constellation.com
http://www.prnewswire.com/comp/084087.html/
CONTACT:
Maureen Brown, or Lori A. Vidil,
+1-410-470-7433, both for UniStar Nuclear Energy, LLC
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