History of UniStar Nuclear Energy

While formally organized in August 2007, the roots of UniStar Nuclear Energy go back to 2005. On the heels of the Energy Policy Act, Constellation Energy and AREVA NP launched UniStar Nuclear LLC, to promote the UniStar business model with a focused plan to design, license, construct and operate the most efficient fleet of advanced nuclear energy facilities in North America - AREVA's U.S. EPR™ design.

Once we selected the safest, most secure technology, we assembled the best and brightest team of nuclear industry professionals, and developed a risk-managed approach to forging ahead to increased energy independence.

This approach focused on the implementation of a standardized plant design, licensing documentation, construction process, and operational procedures for a minimum of four nuclear plants. This would create an efficiency of time and funding - both critical factors in the success of new nuclear.

In July 2006, UniStar was the first in the industry to procure the long-lead materials needed for the construction of a new U.S. nuclear energy facility, ordering the first set of forgings for a potential new nuclear energy facility in nearly three decades.

In August 2007, the EDF Group of France joined Constellation in forming UniStar Nuclear Energy by acquiring a half-interest in the business.

Our success stems directly from fundamental decisions made early in the formation of UniStar Nuclear Energy.  The EPR™ design, of which sister plants are currently under construction in Finland, France, and China, provides the right combination of safety, security and operating efficiency, driving down risk and uncertainty.  Our selection of this technology allows us to offer our customers the highest levels of certainty in terms of licensing, cost and schedule available in the marketplace today.

What you will see as you consider the various elements of our business model is that UniStar Nuclear Energy is unique within the American nuclear energy industry. We represent a motivated, highly energized, tightly disciplined team with the vision to bring new nuclear energy back to America. And we continue to build momentum.