Draft2:Areva

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Areva on Wikipedia
File:Areva.jpg
Tour Areva in La Défense. Image courtesy of Olivier Passalacqua.

AREVA is a French multinational group specializing in nuclear and renewable energy headquartered in Paris La Défense.[1] It is the world's largest nuclear company.[2] Its nuclear technology business group was created by absorbing the nuclear business line of German company Siemens; it has developed the European Pressurized Reactor (EPR), an advanced 3rd generation pressurized water nuclear reactor.[3][4] Before its 2016 corporate restructuring, Areva was majority-owned by the French state[5] through the French Alternative Energies and Atomic Energy Commission (54.37%), Banque publique d'investissement (3.32%), and Agence des participations de l'État (28.83%).[6] Électricité de France, of which the French government has a majority ownership stake, owned 2.24%; Kuwait Investment Authority owned 4.82% as the second largest shareholder after the French state.[7] The company was listed at the European stock exchange Euronext.

The corporate name "Areva" is inspired by the Trappist Santa Maria de la Real monastery in Arevalo in Spain.[8]

Company history with DOE

AREVA and The Department of Energy often team up to achieve certain tasks. Most notably, they teamed up for the Vitrification of Simulated High-Level-Waste Calcine in the Idaho National Laboratory. [9]

Subsidiaries

Nuclear Materials

AREVA Nuclear Materials (ANM), is the U.S. subsidiary of New AREVA, a global company that manages and transforms nuclear materials to serve the development of society and support the generation of clean energy.

In the U.S., ANM offers products and services that span the entire nuclear fuel cycle and applies proven technologies to processing waste streams, dismantle and decommission nuclear facilities, and package and transport radioactive materials.

AREVA Nuclear Materials contains five business lines:

  1. AREVA D&D (Decommissioning & Dismantling), based in Washington, D.C., applies global D&D expertise to the U.S. market, including the planned dismantling of the Vermont Yankee reactor vessel during decommissioning.
  2. TN Americas (formerly AREVA TN), based in Maryland, is a global provider of storage, transportation and field services for used nuclear fuel and radioactive waste, with its NUHOMS® used nuclear fuel storage system securely operating at more than 30 U.S. sites.
  3. AREVA Federal Services (AFS), based in North Carolina, provides nuclear fuel cycle technologies and environmental management services to the U.S. federal government, and is a key partner in the MOX Services consortium building the MOX Fuel Fabrication Facility (MFFF) in South Carolina.
  4. Mining, Conversion, Enrichment (MCE) Sales, based in Virginia, is a competitive provider of long-term uranium contracts for U.S. utility customers.
  5. AREVA Med, based in Texas, is developing cancer-fighting isotopes for radioimmunotherapy, with research progressing for the next phase of FDA approval.

Federal services

AREVA Federal Services LLC (AFS), a subsidiary of AREVA Nuclear Materials, combines the capabilities, technologies and resources from multiple AREVA companies to serve the United States Department of Energy (DOE) and its subcontractors in all phases of the nuclear fuel cycle. AFS provides key services as an active member in various projects that support DOE’s five strategic services:

Contact information

Related

External links

References

  1. "Legal Notice". Areva. http://www.areva.com/EN/home-551/legal-notice.html. Retrieved 21 June 2010. 
  2. "Nuclear Power in France". World Nuclear Association. http://www.world-nuclear.org/info/Country-Profiles/Countries-A-F/France/. Retrieved 18 January 2014. "Areva is the world's largest nuclear company, EdF is the largest nuclear electric utility, and set to build new Areva EPR plants in France, UK, China and possibly USA." 
  3. Andrew Teller (2 February 2010). "The EPR Reactor: Evolution to Gen III+ based on proven technology" (PDF). Areva. http://www.iaea.org/NuclearPower/Downloads/INPRO/Files/2010-Feb-DF-WS/15-Teller.pdf. Retrieved 19 July 2010. 
  4. "EPR – Areva brochure" (PDF). Areva NP. May 2005. http://www.areva-np.com/common/liblocal/docs/Brochure/EPR_US_%20May%202005.pdf. Retrieved 2 January 2008. 
  5. Carol Matlack, Areva is costing France plenty, Bloomberg Businessweek, 17 April 2015.
  6. "Les participations publiques" (in fr). Agence des participations de l'État. 30 April 2015. http://www.economie.gouv.fr/agence-participations-etat/Les-participations-publiques. 
  7. "2014 Reference document". Areva. 30 March 2015. http://www.areva.com/finance/liblocal/docs/doc-ref-2014/DDR_EN_310315.pdf. 
  8. "Areva: Divinely Inspired and Consistently Inconsistent". September 28, 2005. http://www.namedevelopment.com/blog/archives/2005/09/areva_divinely_inspired_and_consistently_inconsist.html. Retrieved June 4, 2014. 
  9. https://inldigitallibrary.inl.gov/sites/sti/sti/5282928.pdf