BEIJING, Jan. 11 /CNW/ - Atomic Energy of Canada Limited (AECL) and the
Nuclear Power Institute of China (NPIC) announce the signing of a Memorandum
of Understanding (MOU) on Advanced Reactor Technology Development. NPIC is a
large research & design institute based in Chengdu of Sichuan Province and
affiliated to the China National Nuclear Corporation (CNNC).
The MOU establishes a framework for collaboration on joint engineering
design, research, development and demonstration in furthering the development
and application of low uranium consumption CANDU technologies in China. R&D
efforts will include cooperation in advanced fuel cycle technologies such as
recycling recovered uranium from spent Pressurized Water Reactors (PWR) fuel
and Generation IV nuclear energy systems.
The signing ceremony between representatives of AECL and NPIC was
witnessed by Canadian Ambassador Robert Wright, and Mayor of Chengdu Ge
"CANDU reactors are famous for its low uranium consumption per
terawatt-hour delivered to the grid," said Zhao Hua, President of NPIC. "We
are interested in working with AECL to jointly develop this important
advantage including recycling recovered uranium from spent PWR fuel."
AECL and CNNC have a proven track record of working together, having
successfully delivered two CANDU(R) 6 units under budget and ahead of schedule
at the Qinshan Phase III site, 125 kilometres south of Shanghai, in
cooperation with Chinese and international partners.
AECL's Vice-President of Marketing and Sales Ala Alizadeh added, "We
believe that CANDU nuclear technology is an ideal strategic complement to
China's current nuclear power program. The signing of the MOU between AECL and
NPIC will boost the cooperation in advanced CANDU fuel technologies for lower
uranium consumption and other relevant areas of mutual interest, including
AECL 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 Advanced CANDU Reactor(R)
(ACR-1000(R)) and the CANDU 6, one of the world's top-performing reactors.
AECL's 4,800 employees provide research and development, support, design and
engineering, construction management, specialized technology, life extension,
and waste management and decommissioning in support of CANDU reactor products.
More information on AECL and CANDU technology can be found at www.aecl.ca.
For further information:
For further information: Dale Coffin, Director, Corporate
Communications, AECL, (905) 403-7457