Areva and Rolls Royce team up in Anglo-French nuclear agreement

The UK and France have signed a nuclear energy agreement with plans to build a new nuclear power plant at Sellafield in the UK.

Areva (Euronext: CEI)is set to supply nuclear reactor cores with Rolls Royce (LSE: RR.) to provide other engineering work. David Cameron and President Nicolas Sarkozy are set to meet in Paris where the tie up will be discussed along side other areas.

The tie up will also mean UK and French companies in the nuclear energy field will be encouraged to work more closely.

The government confirmed a list of eight sites it deems suitable for new power stations by 2025, all of which are adjacent to existing nuclear sites.

The sites are: Bradwell, Essex; Hartlepool; Heysham, Lancashire; Hinkley Point, Somerset; Oldbury, Gloucestershire; Sellafield, Cumbria; Sizewell, Suffolk; and Wylfa, Anglesey.

Rolls-Royce is expected to win a £400m ($632m) share in the building of the first of the planned power plants.

"Rolls-Royce will become our prime manufacturing partner to supply some £100m of key critical components of the reactor for each EPR [next generation nuclear power plant] that's constructed in the UK." said Robert Davies from Areva UK.

Rolls-Royce plans to build a factory in Rotherham to meet orders resulting from the deal.

The coalition said the agreement will lead to a 1500 new jobs and more than £500 million of new contracts.

"This joint declaration will signal our shared commitment to the future of civil nuclear power, setting out a shared long term vision of safe, secure, sustainable and affordable energy, that supports growth and helps to deliver our emission reductions targets," a statement from Downing Street said.

For more nuclear power news

Follow Power Engineering International on Twitter

Editor's Picks

China tops renewables investment poll but UK slips down

China is now the top destination for renewables investment in the world according to an influential poll published today.
PEi

Power Engineering International Magazine – latest issue

The latest issue of Power Engineering International Magazine is now online with some outstanding news and analysis of the ...

Gas-fired power dominated UK energy sector in Q2

A combination of coal-fired power plant outages and falling gas prices saw a surge in gas-fired power in the UK in the sec...
Mike Winkel of E.ON

E.ON calls for assistance in renewables investment drive

Germany’s largest utility says it can no longer afford to push large renewable projects on its own and is looking for part...
Wilhelmshaven

Molluscs force German coal-fired power plant to shut down

The 757 MW Wilhelmshaven hard coal-fired power plant has had to be temporarily shut down after North Sea mussels clogged t...

PEI Magazine Issues



>> Current Issue           >> Past Issues

Latest Wire News

Pacific Energy Development to Present at IPAA OGIS Conference in San Francisco

Pacific Energy Development to Present at IPAA OGIS Conference in San Francisco

Enbridge Energy Partners Receives $900 Million Drop Down Proposal From Enbridge

Enbridge Energy Partners Receives $900 Million Drop Down Proposal From Enbridge

ENSERVCO to Present at 12th Annual OGIS San Francisco Conference

ENSERVCO to Present at 12th Annual OGIS San Francisco Conference

Ideal Power Receives Multi-Unit Orders From Sharp

Ideal Power Receives Multi-Unit Orders From Sharp

BioSolar Names Nobel Laureate Dr. Alan Heeger and Dr. David Vonlanthen as Scientific Advisors

BioSolar Names Nobel Laureate Dr. Alan Heeger and Dr. David Vonlanthen as Scientific Advisors

Editorial Guides

How to cut your OPEX

How to cut your OPEX In a constantly evolving electricity market, factors such as over capacity and low coal costs can pu...

Alstom Editorial Guide: Thailand to showcase latest upgrade of Alstom's GT26 in combined-cycle

Read all about Alstom's new advanced GT26 gas turbine in the North Bangkok CCPP expansion project online with the Power En...

PLEXOS® Integrated Energy Model – Leading the Field in Energy Market Modelling

PLEXOS® Integrated Energy Modelling is an advanced software tool that employs the latest mathematical programming methods ...

Power Engineering International

Whitepapers

How to lower your total cost of ownership on DC Control Power

In this whitepaper, we look at implementing battery management solutions and how smart battery management effectively lowers the total cost of DC Control power systems and the risk of their failure...

Portfolio Optimization by PLEXOS

PLEXOS performs the Security Constrained Unit Commitment and Economic Dispatch using Mixed Integer Programming (MIP) to minimize a cost function subject to all operational constraints. The PLEXOS M...

Evaluating cogeneration for your facility: A look at the potential energy-efficiency, economic and environmental benefits

The energy-efficiency, economic and environmental benefits of cogeneration are the subject of this in-depth white paper. The paper argues that producing electricity and heat/cooling from the same f...

The Effect of Moisture on the Breakdown Voltage of Transformer Oil

Power transformers utilize oil as a heat transfer medium and a dielectric material, together with cellulose. Breakdown voltage (dielectric strength) is one of the most important parameters of trans...

Improving Mission Critical Cooling Systems With More Reliable Level Sensing

The choice of coolant level sensor may seem like an insignificant detail when designing complex machinery such as emergency generators and cranes, but if this sensor fails, the operator has no warn...

Steps Towards a Low Carbon Future: Solutions and Technologies That Will Support the Global Revolution Required

A smart grid is becoming more and more essential as clean energy becomes more dominant. In addition, the demand for electricity is expected to treble the ability to supply it over the next decade. ...

Latest Digital Edition

  Power
  Engineering
  International
Look Inside >
Cover
Current Issue

Article Archives for Power Engineering International Magazine

Latest Energy Jobs

View more Job Listings >>