Nuclear build

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Over 120 UK companies have attended a conference organised by Areva to learn about business opportunities that may arise from proposed nuclear new builds.

companies have been invited to bid for up to 70 per cent of the nuclear engineering components of new power stations that could eventually be built in the

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Areva’s EPRTM reactor is one of two being evaluated by the regulators for use in the UK.

‘Although we shall manufacture the main heavy components ourselves, that represents only some 30 per cent of the total nuclear island equipment by value.

'The available market is some 70 per cent of the total,’ said Luc Oursel, president of Areva, who was speaking at a conference organised by Areva for potential suppliers.

‘Yes, we have current suppliers, but we need significantly more if we are to deliver our target of 30 per cent of the global new build programme.

'The UK is in the first wave of a global new-build renaissance and UK suppliers can use this opportunity to open up global opportunities, to join Areva and start national, go global.’

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