DOCSLIB.ORG

New AREVA Holding Annual Activity Report*

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
New AREVA Holding Annual Activity Report* New AREVA Holding Annual Activity Report* 2016 * Including: - the management report of the Board of Directors, including the management report of the New AREVA group; - the report of the Board of Directors on the principles and criteria for determining, distributing and allocating fixed, variable and exceptional items making up total compensation and benefits of any kind attributable to the executive directors of New AREVA Holding, pursuant to article L. 225-37-2 of the French Commercial Code; - the corporate social responsibility report (CSR); and - the report of the Chairman of the Board of Directors on the conditions for preparing and organizing the work of the Board of Directors and on internal control and risk management procedures. New AREVA Holding | Annual Activity Report – 2016 1/67 CONTENTS 1 SITUATION AND ACTIVITIES OF THE COMPANY AND ITS SUBSIDIARIES ....................................................... 3 1.1 Overview ................................................................................................................................................................................ 3 1.2 Situation and activities of the company and its subsidiaries by business segment during the year ...................................... 7 1.3 Research and development activities .................................................................................................................................. 30 1.4 Key non-financial performance indicators related to the company's specific activities ........................................................ 31 1.5 Foreseeable developments and future prospects ................................................................................................................ 31 1.6 Significant events since the date of closing ......................................................................................................................... 34 1.7 Description of major risks and uncertainties confronting the company ................................................................................ 37 1.8 Company exposure to price, credit, liquidity and cash management risk ............................................................................ 54 1.9 Information on accounts payable to suppliers ..................................................................................................................... 57 1.10 Representative and branch offices ...................................................................................................................................... 58 2 PRESENTATION OF THE ANNUAL FINANCIAL STATEMENTS ......................................................................... 59 2.1 Consolidated financial statements for the year ended December 31, 2016 ........................................................................ 59 2.2 Financial statements for the year ended December 31, 2016 ............................................................................................. 59 2.3 Dividends ............................................................................................................................................................................. 59 2.4 Non-deductible expenses .................................................................................................................................................... 59 3 INFORMATION ON SHARE CAPITAL.................................................................................................................... 59 3.1 Structure and changes in the capital of the company and treasury shares ......................................................................... 59 3.2 Distribution of capital and voting rights ................................................................................................................................ 60 4 MANAGEMENT OF THE COMPANY – STATUTORY AUDITORS ........................................................................ 60 4.1 List of terms of office and functions exercised in any company by each of the executive directors .................................... 60 4.2 Compensation and benefits of any kind paid during the period, and criteria applied to their calculation or the circumstances under which they were established .............................................................................................................. 62 4.3 Detail of commitments of any kind made by the company towards its directors and officers, in particular any item of compensation, payments or benefits due or likely to be due as a result of the assumption, cessation or change of and in these functions or thereafter. Description of methods for determining said commitments as well as their amounts if they appear in the agreements. ................................................................................................................................................... 62 4.4 Stock options allowing subscription or acquisition of shares for no consideration .............................................................. 63 4.5 Delegation of authority to the Chief Executive Officer for sureties, endorsements or guarantees ...................................... 63 4.6 Report of the Board of Directors on compensation of executive directors ........................................................................... 63 4.7 Statutory auditors ................................................................................................................................................................. 63 5 OTHER INFORMATION .......................................................................................................................................... 63 5.1 Injunctions and fines for anti-competitive practices ............................................................................................................. 63 5.2 Agreements referred to in article L. 225-102 paragraph 13 of the French Commercial Code ............................................. 64 5.3 Review of regulated agreements authorizing in 2016 .......................................................................................................... 64 5.4 Review of regulated agreements authorized during previous financial years with continuing effect in the last financial year ............................................................................................................................................................................................. 64 5.5 Observations of the Works Council ..................................................................................................................................... 64 6 SOCIAL, SOCIETAL AND ENVIRONMENTAL INFORMATION ............................................................................ 64 7 APPENDICES TO THE ANNUAL ACTIVITY REPORT .......................................................................................... 65 New AREVA Holding | Annual Activity Report – 2016 2/67 1 Situation and activities of the company and its subsidiaries As a preliminary comment, we hereby inform you that this management report from the New AREVA Holding company (“the company”) includes the management report of the group constituted by New AREVA Holding and the companies entering into its scope of consolidation (“the NEW AREVA group”, or “the group”). In its capacity as an issuer of securities1 admitted for trading on a regulated market, the company is subject to the provisions of the French Commercial Code applicable to limited liability companies organized under French law as well as to applicable stock market regulations, in particular Regulation (EU) no. 596/2014 of April 16, 2014 on market abuse (market abuse regulation), as well as certain provisions of the General Regulations of the Autorité des marchés financiers (AMF, the stock market regulator). The AREVA SA company controlled the company at December 31, 2016. 1.1 Overview 1.1.1 Change in operations The New AREVA group, refocused on the nuclear fuel cycle operations (including in particular the Mining, Front End and Back End operations), was created on November 10, 2016 in the framework of the implementation of the AREVA SA restructuring plan described in the “2016-2020 roadmap” presented to the market by the AREVA SA company on June 15, 2016. 1.1.2 Highlights of the period Restructuring of the AREVA group Change in management In 2016, the AREVA group underwent a transformation and since July 1, 2016 has been organized into two separate entities: AREVA NP (reactors and fuel operations) and the New AREVA group (fuel cycle operations). Since that date, the New AREVA group thus has an Executive Committee in charge of steering operations. As of this date, the composition of the committee is as follows: Name Title Philippe Knoche Chief Executive Officer of AREVA SA François Nogué Chief Executive Officer of New AREVA Holding and Senior Executive Vice President of Human Resources and Communications Stéphane Lhopiteau Chief Legal and Financial Officer Guillaume Dureau Senior Executive Vice President of Customers, Strategy, Innovation and R&D Éric Chassard Senior Executive Vice President of the AREVA Projects Business Unit and Director of Performance Jacques Peythieu Senior Executive Vice President of the Mining Business Unit Antoine Troesch Senior Executive Vice President of the Chemistry/Enrichment Business Unit Pascal Aubret Senior Executive Vice President of the Recycling BU Alain Vandercruyssen Senior Executive Vice President of the Dismantling
Load more

Recommended publications
  • Framatome in Latin America Strong History and Partnerships
    SEN – Semana da Engenharia Nuclear UFRJ 17/10/2019 Framatome– 2019 1 © Framatome All right reserved Framatome– 2019 2 © Framatome All right reserved Framatome at a glance 60 years of experience, alongside our customers, in developing safe and competitive nuclear power worldwide Design Supply Manufacture Integrate Maintain Framatome– 2019 3 © Framatome All right reserved Framatome at a glance High-performing people and technologies for safe and competitive nuclear plants worldwide 92 14 000 250 3.3 NPPs PEOPLE REACTORS € BILLION As OEM Servicing … All over the world 2017 turnover Framatome– 2019 4 © Framatome All right reserved Our values More than principles, our values guide our actions and describe how we work each other, with our customers and business partners Safety Future Performance Integrity Passion Framatome– 2019 5 © Framatome All right reserved Framatome worldwide presence Germany 4 sites France 17 sites USA 7 sites China 8 sites 58 locations Argentina Japan Sweden 21 Belgium Republic of South Switzerland countries Others Brazil Africa The Netherlands locations Bulgaria Russia Ukraine Canada Slovakia United Arab Emirates Framatome– 2019 Czech Republic Slovenia United Kingdom 6 Finland South Korea © Framatome Hungary Spain All right reserved Our customers Asia CNNC Nawah CGN Tepco North & South America Doosan Hitachi Bruce Power Exelon OPG KHNP Dominion Corporation PSEG Africa MHI Duke Energy Luminant TVA Entergy NA-SA Eskom ETN NextEra Europe ANAV EDF Energy Skoda CNAT Engie TVO CEA EPZ Vattenfall CEZ Iberdrola DCNS KKG EnBW NEK Framatome– 2019 7 EDF RWE © Framatome All right reserved Framatome shareholder structure 19,5% 75,5% 5% • Stock-listed company • Majority shareholder: French state 100% Framatome Inc.
    [Show full text]
  • The Jules Horowitz Reactor Project, a Driver for Revival of the Research Reactor Community
    THE JULES HOROWITZ REACTOR PROJECT, A DRIVER FOR REVIVAL OF THE RESEARCH REACTOR COMMUNITY P. PERE, C. CAVAILLER, C. PASCAL AREVA TA CEA Cadarache - Etablissement d'AREVA TA - Chantier RJH - MOE - BV2 - BP n° 9 – 13115 Saint Paul lez Durance - France CS 50497 - 1100, rue JR Gauthier de la Lauzière, 13593 Aix en Provence cedex 3 – France ABSTRACT The first concrete of the nuclear island for the Jules Horowitz Reactor (JHR) was poured at the end of July 2009 and construction is ongoing. The JHR is the largest new platform for irradiation experiments supporting Generation II and III reactors, Generation IV technologies, and radioisotope production. This facility, composed of a unique grouping of workshops, hot cells and hot laboratories together with a first -rate MTR research reactor, will ensure that the process, from preparations for irradiation experiments through post-irradiation non-destructive examination, is completed expediently, efficiently and, of course, safely. In addition to the performance requirements to be met in terms of neutron fluxes on the samples (5x1014 n.cm-2/sec-1 E> 1 MeV in core and 3,6x1014 n.cm-2/sec-1 E<0.625 eV in the reflector) and the JHR’s considerable irradiation capabilities (more than 20 experiments and one-tenth of irradiation area for simultaneous radioisotope production), the JHR is the first MTR to be built since the end of the 1960s, making this an especially challenging project. The presentation will provide an overview of the reactor, hot cells and laboratories and an outline of the key milestones in the project schedule, including initial criticality in early 2014 and radioisotope production in 2015.
    [Show full text]
  • French Nuclear Company Orano Upgraded to 'BB+' on Improved Liquidity and Capital Structure; Outlook Stable
    Research Update: French Nuclear Company Orano Upgraded To 'BB+' On Improved Liquidity And Capital Structure; Outlook Stable Primary Credit Analyst: Christophe Boulier, Paris (39) 02-72111-226; [email protected] Secondary Contact: Andrey Nikolaev, CFA, Paris (33) 1-4420-7329; [email protected] Table Of Contents Overview Rating Action Rationale Outlook Ratings Score Snapshot Issue Ratings--Recovery Analysis Related Criteria Ratings List WWW.STANDARDANDPOORS.COM/RATINGSDIRECT APRIL 5, 2018 1 Research Update: French Nuclear Company Orano Upgraded To 'BB+' On Improved Liquidity And Capital Structure; Outlook Stable Overview • Orano has reported EBITDA of close to €1 billion for 2017, despite challenging industry conditions, and its recent restructuring and capital increases have improved its liquidity and capital structure. • We think Orano will continue to focus on cost-cutting and generate moderately positive free operating cash flow, enabling it to reduce net debt in 2018-2020. • Consequently, we are upgrading Orano to 'BB+' from 'BB'. • The stable outlook reflects our view that Orano will be able to reduce adjusted debt to EBITDA to below 5.5x in 2019-2020 despite challenging industry conditions, supported by its sizeable, long-term order backlog. Rating Action On April 5, 2018, S&P Global Ratings raised its long-term issuer credit rating on France-based nuclear services group Orano to 'BB+' from 'BB'. The outlook is stable. We also raised our ratings on Orano's senior unsecured bonds to 'BB+' from 'BB'. Although we expect substantial recovery (70%-90%; rounded estimate 85%) on the bonds in the event of a default, the recovery rating is capped at '3' due to the bonds' unsecured nature and issuance by a company rated in the 'BB' category.
    [Show full text]
  • The EPR™ Reactor
    The EPR™ reactor the reference for New Build - © Photo credits: AREVA - EDF - TNPJVC - Tracy FAVEYRIAL - Elodie FERRARE - René QUATRAIN - Charlène MOREAU - Image et Process - Image - Charlène MOREAU QUATRAIN - Elodie FERRARE René FAVEYRIAL - Tracy - EDF TNPJVC AREVA credits: - © Photo April 2014 - design and production: April 2014 - design and production: The value of experience With 4 EPR™ reactors being built in 3 different countries, AREVA can leverage an unparalleled experience in licensing and construction to deliver high-performance new-generation projects to nuclear utilities all over the world. Olkiluoto 3, Best practices from continuous Finland project experience The most advanced new-generation Licensing experience with different regulators: project in the The only reactor with 5 separate licensing processes world underway worldwide • Construction licenses granted in Finland, France and China • Full Design Acceptance Confirmation awarded in the United Kingdom • Licensing review underway in the United States Flamanville 3, The only Gen3+ reactor design submitted to the European France “post-Fukushima” stress tests The first reactor in the new EDF’s EPR™ fleet Project management excellence • The largest in-house nuclear Engineering Procurement Construction (EPC) team: - More than 1,000 project management skilled people - 6,000+ Engineering and Project experienced workforce • Most Taishan Project Directors have worked on Taishan 1 and 2, Olkiluoto 3 or Flamanville 3 projects China EPR™ projects on track to be delivered Company-wide
    [Show full text]
  • RIL AMT Workshop Summary
    RIL 2021-03 NRC WORKSHOP ON ADVANCED MANUFACTURING TECHNOLOGIES FOR NUCLEAR APPLICATIONS Part I – Workshop Summary Date Published: Draft April 2021 Prepared by: A. Schneider M. Hiser M. Audrain A. Hull Research Information Letter Office of Nuclear Regulatory Research Disclaimer This report was prepared as an account of work sponsored by an agency of the U.S. Government. Neither the U.S. Government nor any agency thereof, nor any employee, makes any warranty, expressed or implied, or assumes any legal liability or responsibility for any third party’s use, or the results of such use, of any information, apparatus, product, or process disclosed in this publication, or represents that its use by such third party complies with applicable law. This report does not contain or imply legally binding requirements. Nor does this report establish or modify any regulatory guidance or positions of the U.S. Nuclear Regulatory Commission and is not binding on the Commission. EXECUTIVE SUMMARY Advanced manufacturing technologies (AMTs) are defined by the U.S. Nuclear Regulatory Commission (NRC) as those techniques and material processing methods that have not been traditionally used or formally standardized/codified by the nuclear industry. In June 2020, the NRC released Revision 1 to the Agency Action Plan for AMTs (AMT AP) (Agencywide Documents Access and Management System Accession No. ML19333B980 (package)). The AMT AP is a strategic plan that responds to the rapid pace of developments in respective AMTs and industry implementation plans. The NRC’s AMT activities are driven by industry interest in implementing specific AMTs and ensuring that the NRC staff are prepared to review potential AMT applications efficiently and effectively.
    [Show full text]
  • ITER Project Garching for the Fusion Community an Historic Milestone Was Achieved at the Eighth ITER Negotiations Meeting on February 18-19, 2003 in St
    newsletternewsletter Vol 2003 / 2 April 5, 2003 EUROPEAN FUSION DEVELOPEMENT AGREEMENT News Issued by the EFDA Close Support Unit China and the US as New Partners in the ITER Project Garching For the fusion community an historic milestone was achieved at the Eighth ITER Negotiations Meeting on February 18-19, 2003 in St. Petersburg (Russian Federation), when delega- tions from the People’s Republic of China and the United States of America joined those from Canada, the European Union, Japan and the Russian Federation in their efforts to reach agreement on the implementation of the ITER pro- ject. The Head of the Chinese Delegation indicated that Contents China, as the largest developing country in the world, has a great need to pursue alternative energy sources. China . Interview: believes that ITER can potentially lead to new forms of ener- Dr. Joseph V. Minervini gy and contribute to the peaceful and sustainable development page 2 of the world in the long-term. China expressed its strong wishes to be a valuable member of the ITER family, to make joint efforts with . Interview: other partners to the successful exploitation of fusion energy. Prof. Huo Yuping At their St. Petersburg meeting the ITER Negotiators approved the Report on the page 3 Joint Assessment of Specific Sites (JASS). The JASS Report provided as a main con- clusion and despite the differences between the candidate sites (Clarington in Canada, . ITER: Cadarache in France, Vandellos in Spain and Rokkasho-mura in Japan) that the JASS First Full Scale Primary assessment ascertained that all four sites are sound and fully capable to respond to all First Wall Panel ITER Site Requirements and Design Assumptions, as approved by the ITER Council in its January 2000 meeting.
    [Show full text]
  • Green Hydrogen the Next Transformational Driver of the Utilities Industry
    EQUITY RESEARCH | September 22, 2020 | 9:41PM BST The following is a redacted version of the original report. See inside for details. Green Hydrogen The next transformational driver of the Utilities industry In our Carbonomics report we analysed the major role of clean hydrogen in the transition towards Net Zero. Here we focus on Green hydrogen (“e-Hydrogen”), which is produced when renewable energy powers the electrolysis of water. Green hydrogen looks poised to become a once-in-a-generation opportunity: we estimate it could give rise to a €10 trn addressable market globally by 2050 for the Utilities industry alone. e-Hydrogen could become pivotal to the Utilities (and Energy) industry, with the potential by 2050 to: (i) turn into the largest electricity customer, and double power demand in Europe; (ii) double our already top-of-the-street 2050 renewables capex EU Green Deal Bull Case estimates (tripling annual wind/solar additions); (iii) imply a profound reconfiguration of the gas grid; (iv) solve the issue of seasonal power storage; and (v) provide a second life to conventional thermal power producers thanks to the conversion of gas plants into hydrogen turbines. Alberto Gandolfi Ajay Patel Michele Della Vigna, CFA Mafalda Pombeiro Mathieu Pidoux +44 20 7552-2539 +44 20 7552-1168 +44 20 7552-9383 +44 20 7552-9425 +44 20 7051-4752 alberto.gandolfi@gs.com [email protected] [email protected] [email protected] [email protected] Goldman Sachs International Goldman Sachs International Goldman Sachs International Goldman Sachs International Goldman Sachs International Goldman Sachs does and seeks to do business with companies covered in its research reports.
    [Show full text]
  • Design of Liquid Metal Fast Breeder Reactor (Lmfbr) Core Under Dynamic Loading
    Transactions, SMiRT-22 San Francisco, California, USA - August 18-23, 2013 Division III DESIGN OF LIQUID METAL FAST BREEDER REACTOR (LMFBR) CORE UNDER DYNAMIC LOADING Nadim Moussallam1, Guilhem Deuilhé2, Benoit Bosco3, Daniel Broc4, David Gentet5 1 Engineer, AREVA Engineering & Projects, Lyon (France) - [email protected] 2 Engineer, AREVA Engineering & Projects, Lyon (France) 3 Engineer, AREVA Engineering & Projects, Lyon (France) 4 R&D Engineer, CEA/DEN/DANS/DM2S/SEMT, F-91191 Gif-sur-Yvette, France 5 R&D Doctor-Engineer, CEA/DEN/DER/SESI/LE2S, F-13108 Saint-Paul les Durance, France ABSTRACT The present paper (a) describes the main structural characteristics of a Liquid Metal Fast Breeder Reactors (LMFBR) core, (b) exposes the design challenges posed to such structure by dynamic loadings, (c) details the different modeling strategies that could be used to represent the leading physical phenomena for the dynamic response of the core, and (d) illustrates the application of these modeling strategies to improve the design of the ASTRID (Advanced Sodium Technological Reactor for Industrial Demonstration) core against dynamic loadings. INTRODUCTION LMFBR belong to the 4th generation of nuclear reactors. This type of reactor is expected to significantly increase the amount of energy that could be extracted from both natural uranium and existing plutonium reserves. It does also have the potential for reducing the inventory of highly activated long duration nuclear wastes. Several experimental LMFBR have been built around the world, some of them are in operation today and some others are planned or under construction. In France, the ASTRID project aims at completing the detailed design of a LMFBR, with sodium as a primary coolant.
    [Show full text]
  • Olkiluoto 3: Framatome Teams All Set for Fuel Loading
    PRESS RELEASE March 26, 2021 Olkiluoto 3: Framatome teams all set for fuel loading March 26, 2021 – The Olkiluoto 3 EPR reactor completes a decisive stage of its commissioning. The Finnish safety authority (STUK) has authorized the fuel load for the Olkiluoto 3 EPR reactor. Loading operations led by plant operator TVO, with the support from AREVA and Framatome, can begin. "Fuel loading is a major milestone for the project. Reaching this milestone illustrates the expertise and know-how of our teams," said Bernard Fontana, CEO of Framatome. "Framatome's teams are fully mobilized alongside AREVA and TVO to finalize and deliver the nuclear power plant while meeting the highest safety and security standards. I thank them for their engagement.” To carry out the loading operations, an integrated team made up of approximately 40 employees from TVO, AREVA and Framatome has been formed. It includes around 15 fuel handlers, employees specializing in the fuel handling operations, and four neutronics engineers in charge of monitoring the core during loading. A total of 241 fuel assemblies manufactured in Framatome's plants in Germany and in France will be loaded in the reactor vessel to constitute the first core. The Areva NP and Areva NP GmbH Olkiluoto 3 project teams, who will later join Framatome, are supported by over 110 Framatome employees permanently based on the site, and by Framatome engineering teams located in France and in Germany. Completion of the fuel loading will be followed by a new series of hot functional tests before the first criticality and commissioning for commercial operation.
    [Show full text]
  • Specials Steels and Superalloys for Nuclear Industry
    Specials Steels and Superalloys for Nuclear Industry Enhancing your performance or almost 60 years Aubert & Duval has been a key partner for the development Aubert & Duval: Your partner F of forged and rolled products, especially those customized for the nuclear market. to energize your success With full vertical integration from melting, to remelting, hot converting and machining (rough machining through to near-net-shape parts), Aubert & Duval offers wide-ranging cutting edge capabilities for nuclear application. Equipment Process flow . MELTING Melting furnaces (EAF, AOD, LF) Melting up to 60 tons Vacuum Induction Melting (VIM) HPS NiSA up to 20 tons Remelting furnaces (ESR, VAR) up to 30 tons powder atomization (Gaz, VIM) . FORGING Open-die forging presses Remelting Powder atomization from 1,500 to 10,000 tons Closed-die forging presses from 4,500 to 65,000 tons . ROLLING MILL HPS 7-200 mm diameter bars High Performance Steels: Conversion . HEAT TREATMENT A range of alloyed steels with Solution and ageing furnaces tightly controlled characteristics HPS Ti NiSA AL PM Horizontal and vertical quenching offering optimum value for equipment customers. TESTING Forging Closed-die Hot Isostatic Immersion UT up to 13 tons and/or rolling Forging Forging Pressing (HIP) ©Valinox-Franck Dunouau (28,000 lbs) Automated contact UT up to 20 tons NiSA Aubert & Duval has also put in place over many decades dedicated skills to co-design re-engineered Nickel-base Superalloys: Nickel-based superalloys: materials metallurgical solutions with our clients. keeping high surface integrity while Sales of alloys and superalloys have progressively expanded across a broad spectrum of primary withstanding severe mechanical circuit contractors and their subcontractors.
    [Show full text]
  • Press Kit Inauguration of the Conversion Orano Tricastin BP 16 26 701 Pierrelatte Plant 10 September 2018
    Press kit Inauguration of the conversion Orano Tricastin BP 16 26 701 Pierrelatte plant 10 September 2018 Contacts Presse Nathalie Bonnefoy +33 (0)6 23 17 24 24 [email protected] Gilles Crest +33 (0)6 71 08 11 54 [email protected] www.orano.group Oranogroup EDITORIAL The plant we are opening today is a major industrial investment for Orano, for the French nuclear industry and for the industry of our country. ith the Georges Besse II enrichment plant on the same site, it is probably the largest industrial investment made in France in recent years. The Comurhex W II project was launched to give France an industrial facility offering cutting- edge safety, security, and environmental and industrial performance. A facility that gives us a global competitive advantage and guarantees an uninterrupted electricity supply for our markets. A tool integrating technological innovations in terms of safety, environment, and improvement of industrial performance: recycling of chemical reagents, reduction by 90% of water consumption, automated control-command system to improve the process control. It is an exceptional project that has required the best of our expertise from the teams of Orano Chemistry and Enrichment as well as Orano Projets, and throughout our group alongside our industrial partners. The project successfully completed at the same time as our group was reinventing itself to create a new flagship technology business to give nuclear materials all their value. While an important debate is taking place on France's multi-year energy program, the investment we have made in the Tricastin site and its plants shows the confidence we have in the future of nuclear energy.
    [Show full text]
  • The Jules Horowitz Reactor Core and Cooling System Design
    The Jules Horowitz Reactor core and cooling system design M. Boyard*, JM. Cherel**, C. Pascal*, B. Guigon*** * AREVA-Technicatome, 1100 rue Jean René Guillibert Gautier de la Lauzière 13100 Aix en Provence, FRANCE ** AREVA-Framatome-ANP, 9-10 rue Juliette Récamier 69006 Lyon, FRANCE *** Commissariat à l’Energie Atomique, 13108 Saint-Paul-lez-Durance cedex, FRANCE ABSTRACT The CEA (Commissariat à l’Energie Atomique) is planning to build a new MTR called the Jules Horowitz Reactor (JHR). JHR at Cadarache will become by 2014 and for decades a major research infrastructure in Europe for supporting existing power plants operation and lifetime extension as well as future reactor developments [1]. AREVA (Technicatome and Framatome- ANP) and EDF are performing the design studies. The JHR will be a tank pool type reactor using light water as coolant and moderator. The reactor has been designed to provide a neutron flux strong enough to carry out irradiation relevant for generations 2, 3 and 4 power plants: flexibility and adaptability, high neutron flux, instrumented experiments, loops to reproduce environments representatives of the different power plant technologies . Updated safety requirements and LEU fuel elements have been taken into account in the design of this high flux reactor. This paper presents the guidelines for the design of the main items, the various options considered and the choices made at the end of the detailed studies phase regarding: − Core shape, − Fuel element and core pitch, − Reflector and core-reflector interface, − Normal and emergency cooling systems, − Reactivity control system. MAIN OBJECTIVES OF THE REACTOR The “Jules Horowitz Reactor” (JHR) will be a structuring infrastructure of the European research area.
    [Show full text]