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Areva Inc and Constellation Energy have formed a business venture to for licensing and constructing a new nuclear plant in the US using Areva's EPR design (although in America they are marketing this as the US Evolutionary Power Reactor). The new company, UniStar Nuclear, would facilitate joint ventures in individual projects, allowing companies to become part owners or receive power from a new plant without getting involved in the licensing, construction, or operation of the plant. Because it is now backing the EPR technology, Constellation said today it was pulling its Calvert Cliffs and Nine Mile Point sites out of the running for a combined operating permit construction license application by the NuStart Energy consortium, which plans to announce later this month one site that will be paired with Westinghouse's AP1000 design and another site with GE Energy's ESBWR. |