Enfission Announces Addition of EDF Energy to its Nuclear Utility Fuel Advisory Board
May 20 2019 - 8:55AM
Enfission LLC, a joint venture of Lightbridge
Corporation (NASDAQ: LTBR) and Framatome, today announced
that EDF Energy, a subsidiary of Électricité de France S.A. (EDF
Group), the largest owner and operator of nuclear power plants
around the world, has joined its Nuclear Fuel Advisory Board
(NUFAB). Roger Float, Nuclear Fuel Strategy & Commercial
Manager, will represent EDF Energy. EDF Energy is a diversified
energy company in the United Kingdom, including a portfolio of
nuclear power stations plus new reactors under construction.
NUFAB was formed in 2011 comprising senior fuel
managers from leading electric utilities that account for
approximately 50% of the installed nuclear capacity in the U.S.
With the addition of EDF Energy, NUFAB now includes leading
commercial nuclear operators both in the U.S. and
internationally.
Roger Float, Nuclear Fuel Strategy &
Commercial Manager at EDF Energy, commented, "We welcome the
opportunity to join NUFAB and provide our insight to Enfission,
given the unprecedented level of evolution/revolution that fuel
design is undergoing - of which Lightbridge Fuel™ is such an
important part. Specifically, there are a number of potential
benefits the fuel could bring to the nuclear industry including
improved economics, power uprates, longer fuel cycles, as well as
enhanced safety benefits. I look forward to working closely with
Enfission and the other members of NUFAB to contribute to the
success of this fuel development program worldwide."
Seth Grae, Chief Executive Officer of Enfission,
stated, "We are honored to welcome EDF Energy, represented by Roger
Float, a senior nuclear industry executive, to NUFAB. EDF Energy
brings insight and expertise that will be valuable towards the
development and qualification of Lightbridge Fuel™."
About Enfission
Enfission is a US-based 50-50 joint venture
between Lightbridge Corporation and Framatome. Enfission was
established January 25, 2018 to complete the development,
regulatory licensing, and commercial deployment worldwide of
nuclear fuel assemblies based on multi-lobe metallic twisted fuel
technology. Enfission will produce Lightbridge Fuel™ assemblies
initially for operators of U.S. commercial nuclear power plants,
then follow with production of Lightbridge Fuel™ assemblies for
other types of reactors and for markets around the world.
Additional information about the Company is available at:
www.enfission.net.
Enfission Contact:
David Waldman/Natalya Rudman Tel. +1 855-379-9900
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