Information leaked to the Toronto Star on July 14 provides fuel for interesting speculation on what we could call the political economy of the Ontario nuclear reactor competition. Two sources, one reported to be directly involved with one of the bids, are the basis for the Star’s claim that AECL’s bid was $26 billion and Areva’s $23.6 billion....
Westinghouse nuclear
AECL purchase decision depends on Ontario outcome, Areva executive hints
Would Areva, the French nuclear company, buy the power reactor part of Atomic Energy Canada Limited if AECL wins the Ontario reactor competition? I put this question to Jacques Besnainou, president of Areva North America, in a conference call yesterday. The Canadian government decision to sell AECL came as a surprise, was his diplomatic reply. “So...
Areva’s bold North American gamble: nuclear giant rewrites PR playbook
When it comes to media play, French nuclear giant Areva is a juggernaut. The chart below shows how Areva’s media coverage in the past three months compares quantitatively with that of its two competitors in the Ontario reactor competition. As you can see, Areva out-pulled arch rival Westinghouse three to one, and Ontario incumbent...
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