Team CANDU supports Ontario Power Authority's supply plan recommendations



    MISSISSAUGA, ON, Aug. 30 /CNW/ - Team CANDU supports the Ontario Power
Authority's new Integrated Power System Plan (IPSP) outlining a balanced
approach for meeting the province's electricity needs by incorporating
aggressive conservation and reliance on renewable energy sources, and
continuing to rely on nuclear for base load power.
    "Team CANDU welcomes the OPA's recommendation to refurbish existing CANDU
nuclear plants," says Ken Petrunik, Chief Operating Officer of Atomic Energy
of Canada Limited. "We also look forward to working with the province of
Ontario on new nuclear projects to address future energy demands."
    "Team CANDU has excellent opportunities in both domestic and
international new nuclear builds," says Patrick Lamarre, President & CEO,
SNC-Lavalin Nuclear Inc., "and we are committed to delivering proven,
world-class CANDU technology on time and on budget to ensure Ontario has the
base load power it needs."
    Team CANDU is a joint initiative between five of the world's leading
nuclear technology and engineering companies who have joined together to
deliver a turnkey service and competitive solution for building new nuclear
power plants in Ontario. Members of Team CANDU include Atomic Energy of Canada
Limited (AECL), Babcock & Wilcox Canada (B&W), GE-Hitachi Nuclear Energy
Canada Inc., Hitachi Canada Ltd. (HCL) and SNC-Lavalin Nuclear Inc. (SLN).

    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 technology can be found at www.aecl.ca.

    About Babcock & Wilcox Canada

    Babcock & Wilcox Canada serves North American electric utility and
industrial markets and the global nuclear utility market. Based in Cambridge,
Ontario, it is a wholly-owned subsidiary of The Babcock & Wilcox Company in
Barberton, Ohio, which is an operating unit of McDermott International, Inc.
(NYSE:  MDR). The Babcock & Wilcox Company is located on the Internet at
www.babcock.com.

    About General Electric Canada

    GE is Imagination at Work - a diversified technology, media and financial
services company focused on solving some of the world's toughest problems.
With products and services ranging from aircraft engines, power generation,
water processing and security technology to medical imaging, business and
consumer financing and media content. GE serves customers in more than 100
countries and employs more than 300,000 people worldwide. In Canada, GE has
more than 10,000 employees, 15 manufacturing plants and more than 150 sales
and service locations across the country. GE Canada has been a partner in the
CANDU technology since its inception in the 1950's. For more information,
visit the company's Web site at www.ge.com.

    About Hitachi Canada Ltd.

    Hitachi markets and manufactures power and industrial equipment for use
in the Generation and Utility industries as well as a broad range of
electronics, medical equipment, information and telecommunications systems and
consumer products and services throughout the world, making Hitachi, Ltd. a
leading global manufacturer of high technology equipment, employing
approximately 347,000 people worldwide. Within Canada, Hitachi has a workforce
of over 1000 with two manufacturing facilities. Hitachi Canada Ltd. is a
member of Team CANDU and provides support for the design and construction of
the Balance of Plant using state of the art construction technologies
developed in over 40 years of continuous nuclear power construction
experience, covering all proven technologies. For more information, please
visit our website at www.hitachi.ca.

    About SNC-Lavalin Nuclear Inc.

    SNC-Lavalin Nuclear Inc. is the largest private sector nuclear
engineering company in Canada with nearly 40 years of nuclear-related
experience worldwide, it is a wholly owned subsidiary of SNC-Lavalin (TSX:
SNC), one of the leading groups of engineering and construction companies in
the world, a key player in the ownership of infrastructure, and in the
provision of operations and maintenance services. The SNC-Lavalin companies
have offices across Canada and in 34 other countries around the world and are
currently working in some 100 countries. www.snclavalin.com





For further information:

For further information: Dale Coffin, Director, Corporate
Communications, AECL, Direct: (905) 403-7457, Toll free: 1-866-886-2325,
E-Mail: coffind@aecl.ca

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Atomic Energy of Canada Limited

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