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Areva Seeks to Develop Atmea With Guangdong Nuclear, EDF

Feb. 10 (Bloomberg) -- Areva SA wants a 1,000-megawatt nuclear reactor it agreed to develop with Electricite de France SA and China Guangdong Nuclear Power Group Co. to be based on the Franco-Japanese Atmea model.

“This is what we’re hoping for,” Claude Jaouen, senior vice-president for reactors and services at Areva, told reporters on a conference call today. “It would be a shame to have two 1,000-megawatt reactors on the market.”

Areva is bidding to sell the Atmea, developed with Mitsubishi Heavy Industries Ltd., to Jordan, competing with Russia’s ZAO Atomstroyexport and Canada’s SNC-Lavalin International Inc. for a $4.5 billion contract. Getting China to adopt the model would help future sales, Jaouen said.

GDF Suez SA, operator of seven nuclear reactors in Belgium, has said it wants to develop an Atmea in the Rhone River Valley in France. The model, which has never been built, would widen the range of French reactors that includes the EPR, a 1,650-megawatt generator EDF is developing at Flamanville in Normandy.

A new review by France’s nuclear safety authority, the Autorite de Surete Nucleaire, found the Atmea meets requirements, including those for extreme hazards such as earthquakes, Areva said today in a statement.

EDF, Europe’s biggest power generator, operates 58 reactors in France.

To contact the editor responsible for this story: Tara Patel at tpatel2@bloomberg.net

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