Areva EPR

CONCLUDING REMARKS
Let us summarize the advantages offered by
the EPR from an electricity utility point of view:
† culminating from the legacy of Western PWR technology,
† evolutionary design, uniquely minimizing design, licensing,
construction and operation technical risks and their financial
impacts,
† assurance to be backed in the long run by the world’s largest
company comprising the entire nuclear cycle,
† continuity in the mastery of PWR technology,
† competitiveness in terms of installed kW cost and
kWh production cost: a 1,600 MWe-class reactor, with high
efficiency, reduced construction time, extended service life,
enhanced and more flexible fuel utilization, increased availability,
† safety:
• heightened protection against accidents, including core
meltdown, and their radiological consequences,
• robustness against external hazards, in particular airplane
crash and earthquake,
† optimized operability,
† enhanced radiological protection of operating and maintenance
personnel,
† efficiency in the use of nuclear fuel, fostering sustainable
development.
On December 18, 2003,
the Finnish electricity utility,
Teollisuuden Voima Oy (TVO)
signed a contract with
the consortium set up by
AREVA and Siemens for
the construction of the Olkiluoto 3
EPR in Finland.
This first EPR is scheduled
to start commercial operation
in 2009.
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