EPR – Areva brochure

CONCLUDING REMARKSLet us summarize the advantages offered bythe 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 financialimpacts,† assurance to be backed in the long run by the world’s largestcompany comprising the entire nuclear cycle,† continuity in the mastery of PWR technology,† competitiveness in terms of installed kW cost andkWh production cost: a 1,600 MWe-class reactor, with highefficiency, reduced construction time, extended service life,enhanced and more flexible fuel utilization, increased availability,† safety:• heightened protection against accidents, including coremeltdown, and their radiological consequences,• robustness against external hazards, in particular airplanecrash and earthquake,† optimized operability,† enhanced radiological protection of operating and maintenancepersonnel,† efficiency in the use of nuclear fuel, fostering sustainabledevelopment.On December 18, 2003,the Finnish electricity utility,Teollisuuden Voima Oy (TVO)signed a contract withthe consortium set up byAREVA and Siemens forthe construction of the Olkiluoto 3EPR in Finland.This first EPR is scheduledto start commercial operationin 2009.58 II 59