Areva to work on California nuclear plant
Areva has said FNEG is a group of investors that wants to acquire the socalled EPR, or European Pressurized Reactor, technology for California.
EPR reactors are under construction in France, Finland and China, and the certification process is under way in the United States and Britain.
In California, Areva said that it has signed an agreement with FNEG to jointly select a site and work on the initial development of a 1,600megawatt EPR unit.
Our goal is to create a powerproducing infrastructure that combines clean electric energy sources, including nuclear, solar, and future technologies, said John Hutson, president of FNEG, in a statement.
Once the site is selected, FNEG and Areva will also start developing solar power.
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Day-Ahead Market Implementation: Introducing a day-ahead market is intended to provide clearer pricing signals and improve the scheduling of electricity generation. This approach allows market participants to plan and commit to energy production in advance, enhancing grid stability.
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