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How AREVA perceives the Fukushima disaster

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The dizzying cynicism of AREVA

April 9, 2011

espagnol

The network

Exit Nuclear

obtained an internal document circulating within the AREVA group, which only cares about the impact that the Fukushima events could have on "the nuclear market".

This document, in English (could someone provide us with a French translation?)

Title:

The impact of the Fukushima event

on the nuclear industry sector

TRANSLATION INTO FRENCH OF EXCERPTS FROM THIS AREVA INTERNAL DOCUMENT:

Page 4:

Main expected effects of the Fukushima event on the nuclear power sector

  • Most countries involved in nuclear energy or in a construction program have had rather rational reactions following the Fukushima event
  • Nuclear energy is necessary

  • Do not ride on an emotional wave

  • Lessons must be learned from the Japanese crisis

  • Most countries have announced safety reviews of their existing nuclear power plants:
  • For fourteen European countries, these reviews will include audits * A few countries have already announced that they will review their safety standards
  • Only Germany has immediately announced stricter measures regarding its installations (temporary closure of the seven oldest plants, a three-month moratorium on extending their lifespan).

  • New constructions - especially those with the closest commercial operation dates - may be delayed to take into account modified safety standards and licensing procedures.

However, there is no question - outside of Japan - of canceling any construction program, or stopping ongoing constructions

EXCERPTS FROM THE ORIGINAL AREVA INTERNAL DOCUMENT

Page 4:

Main potential impacts of Fukushima event on nuclear power sector

  • Most countries with a nuclear installed base and/or a New Build program have had pretty rational reactions following Fukushima event
  • Nuclear energy is necessary - Do not surf on the wave of emotion

  • Lessons have to be learned from Japanese crisis * Most countries announced safety reviews on their existing NPPs :

  • For 14 European countries, those reviews will include check-ups * A few countries have also already announced that they will review their safety standards * Only Germany directly announced more stringent measures regarding its installed base (temporary shut-down of 7 oldest plants, 3-month moratorium on lifetime extension)

  • New Builds – especially the ones with the closest CODs – may be delayed in order to integrate amended safety standards / licensing process *

However there is no question – outside of Japan – to cancel New Build programs or stop current constructions

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