AECL President highlights CANDU new build success at OECD Nuclear Energy Agency Conference



    PARIS, Oct. 16 /CNW/ - Canada's CANDU nuclear industry has a tremendous
role to play in the worldwide nuclear renaissance and is ready to assist
members of the Organization for Economic Co-operation and Development (OECD)
in meeting the challenges of new nuclear build faced by the nuclear industry
today.
    Speaking at the OECD Nuclear Energy Agency's 50th Anniversary conference
in Paris, France, Hugh MacDiarmid, President & CEO of Atomic Energy of Canada
Limited (AECL) highlighted some of the key lessons learned from AECL's seven
successful CANDU reactor projects delivered internationally in the last 12
years.
    "AECL's experience in Korea, China, and Romania positions us well to meet
the challenges facing the global nuclear industry today," says MacDiarmid.
"Having delivered all of these projects on-time and on-budget, the CANDU
project management model is an excellent one for OECD countries to adopt."
    MacDiarmid highlighted the need to stick to delivery schedules and budget
targets in order to gain buyer confidence: "The new global economic
circumstances will undoubtedly place increased pressure on the nuclear
industry to deliver projects on time, on budget and reflect the best economies
of power generation."
    Key to CANDU's international success is the modular design of its two
flagship products - the 1200-megawatt Advanced CANDU Reactor(R) (ACR-1000(R))
and the 740-megawatt Enhanced CANDU 6(TM) (EC6(TM)).
    "Building modularity into reactor designs is key to having flexibility in
any project's critical path, and results in a shorter delivery schedule and
reduced construction risk," says MacDiarmid.
    Other key lessons learned cited by MacDiarmid includes the need for
countries to nourish their nuclear supply chain. Canada's nuclear industry,
with its robust supply chain of over 100 companies, will assist AECL in
fulfilling domestic and international new build orders. He also spoke of the
increased focus AECL has put on partnering with educational institutions to
encourage young people to pursue careers in nuclear science and engineering.
    "The global nuclear industry must retain project management skills at all
levels and although our educational institutions can plant the seeds of
nuclear knowledge, the project management skills required for the magnitude of
these builds cannot be taught from a textbook, which is why AECL's experience
is useful to OECD countries looking to grow nuclear programs," says
MacDiarmid.

    About the Advanced CANDU Reactor(R) and Enhanced CANDU 6(TM)

    AECL has two reactor designs, the 1200-megawatt Advanced CANDU Reactor
(ACR-1000) and the 740-megawatt Enhanced CANDU 6 (EC6). The EC6 is a smaller
reactor that provides markets with a natural uranium solution, while the
larger ACR-1000 is based on slightly enriched uranium. The spent fuel cycle
capability of the CANDU design, combined with the future use of thorium as a
fuel source, makes AECL's reactor design extremely versatile for the world
market.

    About AECL

    Atomic Energy of Canada Limited is a full service nuclear technology
company providing services to nuclear utilities around the world. Established
in 1952, AECL is the designer and builder of CANDU technology including the
CANDU 6, one of the world's top-performing reactors. AECL's 4,800 employees
deliver cutting edge nuclear services, R&D support, design, and engineering,
construction management, specialized technology, refurbishment, waste
management and decommissioning in support of CANDU reactor products. More
information on AECL and CANDU reactor technology can be found at www.aecl.ca.





For further information:

For further information: Dale Coffin, AECL, Director, Corporate
Communications, (905) 403-7457

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