WASHINGTON, Dec. 6 /PRNewswire-FirstCall/ -- Atomic Energy of Canada
Limited (AECL) and Bechtel today announced they will work together on the
deployment of the Advanced CANDU Reactor(TM) (ACR(TM)).
AECL President and Chief Executive Officer Robert Van Adel and Bechtel
Nuclear President James Reinsch said that AECL and Bechtel will establish a
project team in Bechtel's Frederick, Maryland, office for the deployment of
the ACR in the United States. According to Van Adel, the agreement combines
AECL's expertise as an innovative technology developer and international
project manager with Bechtel's premier engineering and project management
The ACR is an evolutionary design based on AECL's well-proven 700-megawatt
class CANDU nuclear power plant. It features light-water coolant, heavy-water
moderator, and slightly enriched fuel. The ACR represents a competitive
package geared to a 36-month construction schedule. It currently is in
preapplication review with the U.S. Nuclear Regulatory Commission and has a
parallel licensing track with the Canadian Nuclear Safety Commission.
Reinsch stated that "AECL and Bechtel have had a successful project with
the construction of two CANDU 6 reactors at the Qinshan Phase III site in
China. The new ACR agreement is as a logical extension of this relationship."
First electricity has been generated by one unit in China and both units will
go on line in 2003. The project is on budget and ahead of schedule.
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