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China: AREVA and CNNC strengthen collaboration in installed nuclear base management

(PresseBox) (Paris, ) Luc Oursel, President and CEO of AREVA, and Yu Peigen, Vice President of China National Nuclear Corporation (CNNC), have recently signed a memorandum of understanding to strengthen collaboration between AREVA and CNNC in the fields of nuclear safety and operational excellence.

Under the agreement, the two groups will work in particular on improving operating performance and on optimizing the maintenance of existing reactors (installed base).

A working group will be set up to explore the scope and modalities of this collaboration, which will encompass lessons learned from the Fukushima accident as well as measures for optimizing CNNC's power plants.

This agreement is another building block in a long-standing partnership which began several years ago between AREVA and CNNC in many fields. It illustrates the major role played by both groups in achieving ambitious objectives set by the Chinese authorities in the nuclear field, and strengthens AREVA's status as a leading partner of the Chinese nuclear industry.

AREVA GmbH

AREVA supplies solutions for power generation with less carbon. Its expertise and unwavering insistence on safety, security, transparency and ethics are setting the standard, and its responsible development is anchored in a process of continuous improvement.

Ranked first in the global nuclear power industry, AREVA's unique integrated offering to utilities covers every stage of the fuel cycle, nuclear reactor design and construction, and related services. The group is also expanding in renewable energies - wind, solar, bioenergies, hydrogen and storage - to be one of the top three in this sector worldwide in 2012.

With these two major offers, AREVA's 48,000 employees are helping to supply ever safer, cleaner and more economical energy to the greatest number of people.