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Page Background 6.1. MARKETS FOR NUCLEAR POWER AND RENEWABLE ENERGIES 43 6.1.1. Nuclear power and renewable energies in the global energy landscape 43 6.1.2. Nuclear energy markets 49 6.1.3. Renewable energies markets 51 6.2. AREVA’S CUSTOMERS AND SUPPLIERS 52 6.2.1. Customers 52 6.2.2. Suppliers 53 6.3. OVERVIEW AND STRATEGY OF THE GROUP 54 6.3.1. Overview 54 6.3.2. Strategy 57 6.3.3. Operating organization 58 6.4. OPERATIONS 59 6.4.1. NewCo’s Operations 59 6.4.2. AREVA NP operations 80 6.4.3. Other operations 89

BUSINESS

OVERVIEW

06

A FEW FUNDAMENTAL CONCEPTS FOR AN

UNDERSTANDING OF NUCLEAR POWER

Since the beginning of this century, energy has been a centerpiece of many of

our society’s challenges, which may be summed up as the need to continue

to produce and consume energy without threatening the climate. If the share

of fossil fuels in the global energy mix is to be reduced from its current level

of more than 80%, low-carbon energy sources that do not affect the climate

must be developed, including nuclear power, capable of producing massive

quantities of electricity on demand, and renewable energies.

Using fission energy in nuclear power plants

A nuclear power plant is an electric generating station with one or more

reactors. Like all conventional thermal power plants, each reactor unit

consists of a steam supply system that converts water into steam, among

other things. The steam drives a turbine, which in turn drives a generator,

producing electricity.

A “nuclear reactor” is an industrial facility that produces heat from the energy

released by the fission of combustible atoms during a controlled chain

reaction. A “nuclear steam supply system” is the combination of equipment

used to produce steam from fission energy. A “nuclear island” is the system

encompassing the nuclear steam supply system and the fuel-related facilities,

as well as the equipment required for the system’s operation and safety. A

“conventional island” consists of the alternating current turbogenerator

coupled to the nuclear island, along with the equipment required for its

operation. A nuclear power plant thus consists primarily of a nuclear island

and a conventional island. The reactor is enclosed in a solid, leaktight building

meeting nuclear safety requirements. The three main components needed

to sustain, control and cool the fission process in the reactor core are fuel,

a moderator and a coolant. The combination of these three components

determines the reactor type or model. Several combinations have been tested,

but only a few of them have gone beyond the prototype stage to commercial

operation.

A heat source and a cooling source

Like all other thermal power plants, a nuclear power plant has a heat source

(the nuclear steam supply systemwith its fuel core and heat exchangers) and

a cooling source designed to condense steam after it has passed through

the turbine. That is why power plants are usually built near the sea or a river

– the water is used to cool the steam. Some power plants are also equipped

with cooling towers in which cooling water is dispersed like rain so that it will

evaporate, improving the efficiency of cooling and reducing the environmental

impacts (reduced withdrawal of water and elimination of thermal releases

to rivers).

A moderator and a coolant

During the fission process, neutrons are released at very high speed. As they

strike light atoms (hydrogen contained in water) and slow down, they react

much more with the uranium-235 atoms. That is how “thermal neutron” or

“slow” reactors function. The level of uranium-235 enrichment required for

the chain reaction is much lower than for “fast” reactors. In water reactors, the

water is used as a moderator, i.e. to slow the neutrons released by nuclear

fission, but it also serves as a coolant, i.e. the fluid that circulates in the reactor

core to extract heat.

2016 AREVA

REFERENCE DOCUMENT

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