The new nuclear reactor combining the innovative nuclear technologies of AREVA, world lead in nuclear energy, and of MHI (Mitsubishi Heavy Industries), a world leader in heavy industry, will be developed and marketed by a joint venture called ATMEA formed by the two groups. The 1100MW pressurized water reactor, whose design principles have been researched since October 2006, could be ready for licensing in less than 3 years.
"By founding ATMEA, we have combined the experience of two leaders in reactor development construction, licensing and marketing. We thus provide the ideal framework for the development and sale of a reactor whose size fits into almost every grid," said AREVA Board Chairwoman Anne Lauvergeon.
