AREVA

Company Description
AREVA supplies solutions for power generation with less carbon. Ranked first in the global nuclear power industry, AREVA’s unique integrated offering to utilities covers every stage of the fuel cycle, nuclear reactor design and construction, and related services. Headquartered in Paris, France, AREVA has a commercial presence in more than 100 countries.  The group is also expanding in renewable energies – wind, solar, bioenergies, hydrogen and storage – to be one of the top three in this sector worldwide in 2012. With these two major offers, AREVA’s 48,000 employees are helping to supply ever safer, cleaner and more economical energy to the greatest number of people.

CEO: Luc Oursel; Revenues:  $12.3 billion (2011); Employees: 48,000 (2011)

Climate Change Actions

  • AREVA is concentrating on reducing GHG emissions, particularly SF6, N2O and CO2, in its mining and chemical activities which together represent three-quarters of the Group’s emissions. The company has committed to operate on a carbon-neutral basis through reducing and offsetting GHG emissions.
  • From 2004-2009, the Group reduced its total CO2 emissions by 59 percent, exceeding its initial objective two years ahead of schedule.
  • The Group is actively supporting renewable energy projects in many parts of the world. For example, in northeastern China, AREVA is involved in the installation of a wind energy farm aimed at giving rural communities energy autonomy. AREVA also has waste recovery programs, in Brazil for example, whereby biomass (such as local sawmill waste) is reused. The energy generated is used to power a soy processing factory. The biomass fuel is a substitute for diesel generators, and the thermal units run on combustible oil.
  • AREVA’s Renewable Energies Business Group is aggressively pursuing four low-carbon product lines: wind energy, biomass, hydrogen and storage, and concentrated solar power (CSP) energy technology. As indicative information only and using the countries grid carbon factor as baseline, AREVA estimates that the plants installed worldwide by its Renewable Energy Business Group save more than 3 million tCO2e per year. In addition, projects located in developing countries can generate CERs or VERs for their owners either under the Clean Development Mechanism (CDM) process or for voluntary offsetting schemes.
  • In its operations, each of the Group’s entities establishes a multiyear energy conservation plan based on an energy assessment that identifies opportunities and actions for energy savings. The assessment follows the Group’s methodology and covers lighting, building ventilation, process ventilation, heating, transportation, steam production, compressed air production, cooling systems, electrical equipment and thermal processes.
  • Among the messages that AREVA advocates for with policymakersare the need to maintain all energy options, the need to have a price for carbon and a sound and robust carbon market, and the need to factor all externalities, in terms of cost and impact, when comparing energy solutions.

Statements on Climate Change
“Climate change is a real issue. The country must find a way to produce energy while reducing carbon emissions. A combination of renewables and nuclear energy can achieve that. We need to stop speaking in ideologies. We need to start speaking in facts.”  Jacques Besnainou, CEO, Areva, Inc. (http://www.bizjournals.com/charlotte/blog/power_city/2011/10/areva-ceo-cheap-energy-is-americas.html?page=all)

Relevant Links:
AREVA Company Web Site, AREVA Sustainable Development