AREVA and EDF Sign an Agreement to Supply Fuel to the French Nuclear Fleet from 2015 to 2021

Regulatory News:

AREVA (Paris:AREVA) and EDF have signed an important framework agreement for the future operation of the French nuclear fleet by providing studies and fuel fabrication for EDF’s nuclear reactors in France from 2015 to 2021.

The agreement guarantees the delivery of several thousands of tons of fuel, consequently securing a significant portion of EDF's needs. It provides AREVA with clear visibility of the workload for its fuel fabrication plants, particularly Romans in the Drôme department of France.

As part of this agreement and through an industrial partnership, AREVA and EDF will reinforce their technical cooperation to develop new products aimed at improving performance of the French nuclear fleet. The two groups have already identified an opportunity to cooperate on GAIA, a new fuel developed by AREVA, with the short-term objective of loading assemblies into an EDF reactor.

Luc Oursel said: "This major agreement testifies to EDF’s confidence in AREVA’s engineering and industrial capacities. It illustrates the desire of the two groups to cooperate for the long term in the area of nuclear fuel.”

MORE ABOUT AREVA
AREVA is a world leader in nuclear power. The group’s offer to utilities covers every stage of the nuclear fuel cycle, reactor design and construction, and operating services. Its expertise and uncompromising dedication to safety make it a leading industry player.
AREVA also invests in renewable energies to develop, via partnerships, high technology solutions.
Through the complementary nature of nuclear and renewables, AREVA’s 45,000 employees contribute to building tomorrow’s energy model: supplying the greatest number of people with energy that is safer and with less CO₂.

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