EDF receives approval to build and operate two nuclear reactors in China

> Dec 22 - Datamonitor
>
> EDF has received the final approval from the Chinese authorities for
> the
> creation of Guangdong Taishan Nuclear Power Joint Venture Company, in
> partnership with the China Guangdong Nuclear Power Company to build
> and
> operate two European pressurized nuclear reactors in Taishan, in the
> province of Guangdong in China.
> According to the deal, EDF will hold 30% interest for 50 years of the
> partnership with the China Guangdong Nuclear Power Company. EDF
> believes
> that this development makes the company an investor in nuclear
> generation in
> China.
>
> The first unit of Taishan nuclear plant, modeled on the European
> pressurized
> reactors currently under construction at Flamanville in Normandy, is
> scheduled for commissioning in late 2013.
>
> Areva, CGNPC to develop new nuclear power plants in China
> Dec 22 - Datamonitor
>
> French nuclear engineering group Areva and China Guangdong Nuclear
> Power
> have signed an agreement for the engineering and development of new
> nuclear
> power plants in China.
>
> Under the terms of the agreement, Areva and China Guangdong Nuclear
> Power
> (CGNPC) will create WECAN, a joint venture in which CGNPC will have
> a 55%
> stake and Areva will have a 45% stake. Based in Shenzhen, WECAN will
> be up
> and running in 2010, with a headcount of more than 2,000.
>
> The company will be responsible for engineering and procurement for
> the
> nuclear islands of the new plants to be built in China by CGNPC and
> Areva.
> These are European pressurized reactors and 1,000MWe plants
> identical to
> those already built by Areva at Daya Bay and Ling Ao.
>
> Areva and CGNPC will also sign an agreement under which WECAN will
> possibly
> provide nuclear island engineering and procurement services outside
> China.
>
> Areva, via its subsidiary Areva Dongfang, has besides won a contract
> worth
> close to E200 million to supply 24 reactor coolant pumps for CGNPC.
> These
> key primary system components will be installed in the 1,000MWe
> reactors.
>
>