Sweden: AREVA Wins a Contract to Supply Fuel to Vattenfall

Regulatory News:

The utility Vattenfall has selected AREVA (Paris:AREVA) to supply fuel assemblies for four of its seven reactors in Sweden.

The contract for four years' supply covers the period 2016-2020 and includes services associated with the fuel supply. AREVA will manufacture the assemblies in Germany, at its plant in Lingen.

Through this cooperation, Vattenfall is securing a significant portion of its nuclear fuel supply over the long term. "By choosing AREVA as a main supplier, Vattenfall confirms the confidence it places in our products and services, for the supply of boiling water reactors (BWRs) and pressurized water reactors (PWRs)," said Stefan vom Scheidt, CEO of AREVA in Germany.

In parallel, with a view to meeting its future fuel needs, Vattenfall is pushing ahead at the Swedish Ringhals power plant with irradiation of GAIA lead prototype fuel assemblies, a new fuel design developed by AREVA for PWRs.

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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.
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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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