20 May 2008 -- Electricite de France (EdF) and Exelon have signed a 5-year agreement to cooperate on nuclear power matters. The memorandum of understanding covers managerial and technical matters such as outage management, fuel operations and equipment reliability. It specifically excludes "any joint venture or new build effort."
EdF is the main electrical utility in France and operates 58 nuclear reactors. Exelon is the largest nuclear power operator in the United States.
EdF has been making major efforts to be involved in the U.S. With Exelon, it is a party in NuStart Energy, the first of the consortia formed in 2004 to tap Department of Energy funding in preparing applications for combined construction and operating licenses (COL) for new nuclear power plants. NuStart has filed two COL applications and Exelon plans to file one in its own name.
EdF is also closely involved with Constellation Energy as a 3 percent shareholder (set to increase to 9.9 percent) and as 50-50 partner with Constellation in Unistar Nuclear Energy, another consortium formed to pursue COL plans. Unistar is focused specifically on Areva's US-EPR technology and plans four COL applications.
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