CPR 1000

Areva considers producing cheaper reactors

Friday, January 15, 2010

Areva is weighing whether to bring out cheaper, less sophisticated nuclear reactors after its flagship EPR lost out to a low-cost South Korean rival in one of the biggest civil tenders last year.

Top management at the French group last week launched a review of its product range to determine whether Areva should reintroduce the simpler second-generation CPR1,000 reactors - which it stopped building 20 years ago - for client countries that are new to nuclear power.

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