Lord Green, Trade and Investment Minister, attended the signing at the Royal Academy of Engineering, London.
The two companies have agreed to work together to deliver new nuclear projects for AREVA’s EPRTM reactor design. This agreement builds on the progress made since joint work began in 2008. The scope of the agreement includes the manufacturing of complex components for nuclear power stations and will lead to the development of a joint plan to meet the demand for the first new nuclear reactors to be built in the UK since the completion of Sizewell B in 1995.
Anne Lauvergeon, CEO AREVA, said: “We are delighted that Rolls-Royce, a world-wide symbol of excellence, will become a major industrial partner of AREVA. We look forward to sharing processes, knowledge and skills with them to ensure that UK industry can perform a key role in manufacturing the new plants to be built in the UK and abroad.”
Sir John Rose, Rolls-Royce, Chief Executive, said: “We have an excellent relationship with AREVA, which is reflected in this important agreement. With 50 years’ nuclear experience and an extensive nuclear supply chain we can bring our significant expertise to bear for the benefit of the nuclear new build programme. This will deliver benefits to the UK and will further enhance the export potential in this fast growing sector”
Rolls-Royce has significant nuclear skills, with a large existing nuclear certified supply chain, and supports a number of key phases of the nuclear programme, including providing advice to governments and operators, supply chain management expertise, as well as manufacturing and technical engineering support. The Group also provides safety-critical instrumentation and control systems to all 58 operating nuclear power facilities in France and to more than 50 others across Europe, the USA and wider international markets
- Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets – civil aerospace, defence aerospace, marine and energy.
- As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,500 marine customers, including 70 navies, and energy customers in nearly 120 countries, with an installed base of 54,000 gas turbines.
- Annual underlying revenues were £10.8 billion in 2010, of which more than half came from the provision of services. The firm and announced order book stood at £59.2 billion at 31 December 2010, providing visibility of future levels of activity.
- Rolls-Royce employs over 39,000 skilled people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.
- In 2010, Rolls-Royce invested £923 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.
- Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company’s engineers with the forefront of scientific research. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. Rolls-Royce has a large and highly experienced nuclear skills base with approximately 2,600 employees in the UK, France, US, Canada and the Czech Republic.
- Rolls-Royce provides nuclear power utility vendors and operators with integrated, long-term solutions and support services spanning the whole reactor lifecycle, from concept design through to obsolescence management and plant life extension. With nuclear expertise including component manufacturing, licensing, project and supply chain management as well as world-class engineering, the company has been a key player in the industry for over 50 years.
- As the lead industrial partner, Rolls-Royce is supporting the development of the UK’s Nuclear Advanced Manufacturing Centre that will bring together an industrial consortium of around 30 companies from the UK nuclear supply chain. University partners will lead key research themes.