Areva seeks leading role in UK nuclear

Areva, the French nuclear reactor manufacturer, aims to dominate the next wave of UK nuclear power generation after receiving government assurances that its goal of supplying the technology for all the nation’s new reactors would not breach competition rules.

Anne Lauvergeon, chief executive of the company which has already won pledges of support from energy companies EDF and Eon, told the Financial Times the UK was now “the most exciting place in Europe” for nuclear. Areva had been “very impressed by the decisions taken by the British government over a short period of time, over the last two years, to restart nuclear investment in Great Britain”, she said. ... Read full article