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[cdn-nucl-l] AREVA and SIEMENS selected to be preferred bidder to build an EPR in Finland
Press releases on AREVA website
October 16, 2003
The consortium led by AREVA has been named preferred supplier by the Finnish
electricity utility Teollissuden Voima Oy (TVO) for the construction of a
fifth nuclear power plant. The selected design is based on the European
Pressurized Water Reactor (EPR) advanced technology. The plant would be
constructed at the Olkiluoto Site.
Upon signature of a final contract by the end of the year, FRAMATOME ANP,
an AREVA and SIEMENS company, will notably supply the nuclear island and
Siemens the conventional island.
With a capacity of about 1600 MWe, the EPR has a number of major innovative
features making it safer and more competitive. The electricity generated is
10% cheaper than that generated in the nuclear reactors currently in
operation. It uses 15% less uranium to generate the same amount of
electricity and so produces less spent fuel. Maintenance operations are
simpler and therefore shorter, increasing availability to over 90%.
"I am proud that TVO has put its trust in the Framatome ANP/SIEMENS
consortium. We will do everything to ensure that our project attains a
positive end and is a resounding success", said Anne Lauvergeon, Chairman of
AREVA's Executive Board.