Enel, EDF and Ansaldo Energia Sign Memorandum for the Development of Nuclear Power in Italy

10 April 2010

The aim is to enhance the role of Italian industry in the construction of the new nuclear power plants planned in Italy. The cooperation agreement could be extended to international EPR projects.

Thanks to the efforts of Fulvio Conti, Enel CEO and General Manager, Henri Proglio, EDF Chairman and CEO, and Pier Francesco Guarguaglini Finmeccanica Chairman and CEO, Enel, EDF and the Finmeccanica companies Ansaldo Energia and Ansaldo Nucleare, today signed a Memorandum of Understanding in Paris on the occasion of the Fifth French-Italian Dialogue Forum, chaired by Italian Prime Minister Silvio Berlusconi and French President Nicolas Sarkozy.

The objective of the agreement is to specify areas of potential cooperation between Enel-EDF and Ansaldo Energia which holds 100% of Ansaldo Nucleare in the development and construction of at least four EPRs (Evolutionary Pressurised Reactor) that Enel and EDF, with Areva technology, intend to build in Italy. Enel and EDF will act as investors and architect engineers, with overall responsibility for the project management, design as well as construction and commissioning. They will intend to benefit from the experience of Ansaldo both in the study, design and commissioning activities of nuclear systems and for the licensing process.

In addition, Ansaldo Energia will participate in the qualification and tender process carried out by Enel and EDF for the supply of equipment, installation and engineering systems (packages).

The agreement, which has minimum duration of five years, leverages on the existing expertise of Ansaldo Energia in the nuclear power sector and sets out the scope for the future development of the company in this area, along with the construction of the Enel and EDF plants in Italy.

As envisaged in the agreement, Finmeccanica has undertaken to support Ansaldo Energia in the qualification process and in developing the activities with the necessary investments both in terms of production lines and human resources.

The agreement and the related qualification activities will also enable Ansaldo Energia and Ansaldo Nucleare, following the launch of a qualification process by Enel and EDF, to participate in the tenders for the engineering and supply activities of numerous EPR projects of EDF out of Italy.

This key agreement is a concrete first step towards maximising the involvement of the Italian industry in the construction of the nuclear power plants that Enel and EDF plan to build in Italy.

The nuclear renaissance is a worldwide trend: at present, there are as many as 55 new nuclear power plants under construction, based upon different technologies, in 14 different countries. These new facilities will add more than 50,000 MW to the existing installed nuclear generation capacity. Many other projects are also under development.

 Source: http://www.oilvoice.com/n/Enel_EDF_and_Ansaldo_Energia_Sign_Memorandum_for_the_Development_of_Nuclear_Power_in_Italy/048ab0a4f.aspx

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