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About UniStar Nuclear
Energy, LLC
UniStar Nuclear Energy, LLC, a Constellation Energy and EDF
company, is working to enhance U.S. energy security through the expansion of
clean, safe and sustainable nuclear energy. We ensure the highest level of
reactor safety, security, and reliability. Through licensing, constructing
and operating the most efficient fleet of advanced nuclear power plants in
North America, we are working to help slow, stop and reverse the impacts of
global climate change.
Utilities,
energy companies and other parties interested in adding nuclear generating
capacity want certainty – certainty that a new plant will be developed,
licensed, constructed and operated in the way the company intends. UniStar
Nuclear Energy’s experienced team, strong partnerships and innovative, four-unit
business model work to drive down risk and increase certainty in licensing,
cost and schedule for new nuclear development. By the time the first U.S. EPR
is built in this country, this advanced technology will already be built and
operating in Finland, France, and quite possibly China, eliminating the added
risks associated with any first-of-its-kind construction project.
About UniStar Nuclear, LLC
In September 2005, Constellation Energy and AREVA, Inc.
launched UniStar Nuclear, LLC – a joint enterprise formed to introduce the
benefits of the advanced design Evolutionary Power Reactor (EPR) to the U.S.
market. The EPR is an evolutionary design based on mature technology from a
proven supplier to power North America for the next 60 years. UniStar Nuclear,
LLC is working to make that happen.
The need is here… the market
is ready… and so is UniStar Nuclear Energy.
Constellation Energy, a
FORTUNE 125 company based in Baltimore, is the nation’s largest competitive
supplier of electricity to large commercial and industrial customers and the
nation’s largest wholesale power seller. Constellation Energy also manages
fuels and energy services on behalf of energy intensive industries and energy
companies. It owns a diversified fleet of more than 100 generating units
located throughout the United States, totaling approximately 12,000 megawatts
of generating capacity. The company delivers electricity and natural gas
through the Baltimore Gas and Electric Company (BGE), its regulated utility
in Central Maryland. In 2004, the combined revenues of the integrated energy
company totaled $12.5 billion.
The
EDF Group, one of the leaders in the energy market in Europe, is an energy
specialist that is active in all the businesses of electricity: production,
transport, distribution, energy supply and trading. The Group is the leading
electricity producer in Europe. In France, it has mainly nuclear and hydroelectric
production facilities where 95 percent of the electricity output involves no
CO2 emissions. EDF operates over 1,200,000 km of low and medium voltage
overhead and underground electricity lines and around 100,000 km of high and
very high voltage networks. The Group is involved in supplying energy and
services to close to 40 million customers around the world, including more
than 28 million in France. The Group generated consolidated sales of euro
58.9 billion in 2006, of which 42 percent was in Europe excluding France. Net
income (Group share) stood at euro 5.6 billion, with net income from ordinary
operations at euro 4.2 billion. EDF is listed on the Paris Stock Exchange and
is a member of the CAC 40 index.
Our Partners
As
the leading U.S. nuclear supplier and a key player in the electricity
transmission and distribution sector, AREVA’s 5000 American employees are
committed to serve the nation and pave the way for the future of the
electricity market. The company’s commitment to America is reflected in its
initial investment of $200 million in the U.S. EPR. With 40 locations across
the nation and $1.7 billion in revenues in 2006, AREVA combines homegrown
leadership, access to worldwide expertise and a proven track record of
performance. In the U.S. and in over 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 towards future generations.
AREVA Inc. is headquartered in Bethesda, Md. Visit us at www.us.areva.com.
Bechtel
Power Corporation is a global engineering, construction and project
management company that builds fossil and nuclear power plants. Bechtel has
worked on more than 150 nuclear plants around the globe and has provided
engineering and/or construction services to more than 50 percent of the 103
operating U.S. nuclear power plants. Bechtel has been rated the #1 overall
contractor in the United States and the #1 power contractor by Engineering
News Record magazine each year for the past seven years. Privately owned with
headquarters in San Francisco, Bechtel has 40 offices around the world and
40,000 employees. The company had revenues of $17.4 billion in 2004. It has
been the No. 1 ranked U.S. contractor seven years running.
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