French nuclear vendor Areva says UK nuclear relaunch 'essential'

Tuesday, September 11, 2007

French nuclear vendor Areva says UK nuclear relaunch 'essential'

London (Platts)--6 Sep 2007

French nuclear vendor Areva NP says that the revival of a nuclear power program in the UK is "absolutely essential."

CEO Luc Oursel, speaking at a conference in London Thursday, said that the UK would be the first in Europe to relaunch on a large scale a nuclear power effort. Therefore, he said, it has to be successful.

Success in the UK could lead other European countries planning to exit nuclear power to reconsider their plans.

Also significant is that the UK is one of the most competitive markets in Europe, so a successful relaunch here would demonstrate that nuclear power is competitive with other energy sources.

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