Areva

I met one of the guys from Areva after the announcement last week.  We had a good discussion.  It seems logical enough to me.  Areva is a huge player with no deployed nuclear reactors in North America (I think this is true).   They see the Americans serious about using nuclear power – Obama has already agreed to provide loan guarantees to at least one new plant in Maryland and has talked about many more.  New Brunswick has a site that was designed for more nuclear reactors and is in the backyard of the US. 

It seems to me that Areva is looking at New Brunswick as a beachhead for their North American nuclear strategy. 

Makes sense to me.

This entry was posted in Uncategorized. Bookmark the permalink.