AREVA awarded $73MM nuclear fuel contract by Dominion

Source:AREVA

AREVA awarded significant nuclear fuel contract by Dominion for the Millstone Power Station in Connecticut.

AREVA has won a $73 million nuclear fuel contract with the U.S. utility Dominion (NYSE: D) for Unit 2 at its Millstone Power Station in Waterford (Connecticut). AREVA, which currently supplies fuel to Millstone 2, will provide fuel to the plant through 2035, when the operating license expires.

In addition to the fuel fabrication, the scope of work also includes studies and engineering services.

The Millstone Power Station generates enough electricity from its two operational units to power about 500,000 homes. Unit 2 began commercial operation in December 1975, and generates 869.5 megawatts.

"The AREVA design has operated well in the Millstone Unit 2 core and helped us achieve our fuel performance goals,” said Kerry Basehore, director Nuclear Analysis and Fuel, Dominion.

“With this contract, we will offer stability for Dominion in terms of pricing for decades into the future. This security of supply is invaluable to utility companies, and it was made possible through the reliability of our products,” said Markus Birkhofer, executive vice-president of AREVA’s fuel activities.

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