Saturday, May 1, 2010

AREVA And Fresno Nuclear Energy Group Ink MOU For Clean Energy Park

AREVA And Fresno Nuclear Energy Group Ink MOU For Clean Energy Park

According to the MOU agreement, AREVA and FNEG will work together on the site selection and initial development of a nominal 1,600 Megawatt U.S. EPR reactor

 - By Stephen Heiser -

AREVA and the Fresno Nuclear Energy Group, LLC (FNEG) have announced that they have signed a memorandum of understanding (MOU) to develop the country's most advanced Clean Energy Park near Fresno, California, including nuclear and renewable generation.

According to the MOU agreement, AREVA and FNEG will work together on the site selection and initial development of a nominal 1,600 Megawatt U.S. EPR reactor. The agreement also includes potential development of other AREVA energy technologies such as concentrated solar power.

"Our goal is to create a power-producing infrastructure that combines clean electric energy sources, including nuclear, solar and future technologies," said John Hutson, president of FNEG. "We’ll begin with solar because that’s what’s available in Western Fresno County right now."

"We look forward to helping to realize a California Clean Energy Park. This agreement with FNEG is an important step toward reaching our goal of developing a fleet of U.S. EPR reactors, which will produce cost-effective, CO2-free electricity, spur local investment and manufacturing, and create thousands of jobs,” said Jacques Besnainou, CEO of AREVA Inc. “AREVA, which holds a complete renewable energy portfolio, is also pleased with the potential development of concentrated solar power generation as part of this Clean Energy Park.”

John Hutson added, "Our vision of a Clean Energy Park in California's Central Valley would produce large amounts of clean electricity and usable water for our state's critical agricultural industry while meeting our self-imposed commitment to reduce greenhouse gases."

FNEG and AREVA are considering dozens of promising sites in the Central San Joaquin Valley. Once a site is selected, work will begin on the solar phase of the Clean Energy Park.

Construction of the nuclear facility will create up to 11,000 direct and indirect jobs, and more than 400 permanent jobs upon completion. Additionally, the project will generate billions of dollars of regional economic investment.  When complete, the solar and nuclear plants will produce clean, constant, reliable, carbon-free electricity for more than 1.6 million households.

As a leading U.S. nuclear vendor and a significant, growing player in the renewable energies and electricity transmission and distribution sectors, AREVA Inc.’s 6,000 U.S. employees are committed to serving the nation and paving the way for the future of the energy market. With 45 locations across the nation and $2.4 billion in energy revenues in 2009, AREVA Inc., through its subsidiaries, combines U.S. leadership, access to worldwide expertise and a proven track record of performance. In the U.S. and in more than 100 countries around the world, AREVA is engaged in the 21st century’s greatest challenges: making energy available to all, protecting the planet, and acting responsibly toward future generations. AREVA Inc. is headquartered in Bethesda, Maryland.

Published Apr 30 2010, 09:56 AM by steveheiser Filed under: AREVA, Memorandum of Understanding , agreement, MOU, ENERGY, nuclear, power, nuclear power, deal, Fresno Nuclear Energy Group, fneg, sign, ink, Clean energy park

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