Word: powerized
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...Luckily for Areva, it retains a handy lead over its rivals. Created in 2001 when Lauvergeon combined state-owned uranium-mining and fuel-recycling company COGEMA with nationalized reactor builder Framatome, Areva is still the first place that countries or power companies go when looking for all of their nuclear services - supplying and enriching uranium, building and managing plants, disposing of their waste - under a single roof. The Paris-based firm operates in more than 100 countries and employs some 75,000 people. Its order book boasts an impressive $67.5 billion worth of contracts, the most in the business...
...first oil crisis by forgetting it ever happened, France decided to kick its petroleum habit by pouring money into its young nuclear industry. France now has 59 operational reactors, which generate 80% of the country's electricity and have allowed it to become a net exporter of power...
...service élite, first gained public attention as Socialist President François Mitterrand's sherpa during the 1980s. After taking control of the key state-owned nuclear companies, she merged them to create Areva eight years ago. Her early success in convincing foreign clients that nuclear was the power source of the future earned her a remarkable degree of independence from political meddling. "If you look at what she's done since taking her job, you realize Anne Lauvergeon had the drive, creativity and vision to assemble all these parts into a single unit to be ready...
...clean electricity. A reactor currently under construction in Tennessee is the first of at least a dozen nuclear plants planned in the U.S. over the next decade or so. Italy has just reversed a 22 year-old freeze on building new nuclear plants; Rome aims to use nuclear power to help reduce foreign-energy imports, and cut costs by 30% in the coming years. Belgium and Sweden are considering revising laws to extend the life of existing reactors, and to open the door to newer nuclear technology. Britain plans at least four new nuclear reactors, while Japan...
...driving force is China, whose gangbusters economy requires ever more energy. Beijing says it wants to lift nuclear-generated power from its current 11 gigawatts to 86 gigawatts by 2020 - an increase equivalent to France's current total output. China is already adding 14 reactors to the 11 it operates, including three third-generation installations supplied by Areva and Westinghouse. And it won't stop there: Beijing has signed on for an additional 35 plants to be built over the next decade, and is studying a further 80. (See pictures of China's wild side...