Tue 6 May 2008
Areva’s arrival
by Randy StapilusThe announcement by Areva corporation that it wants to build a uranium-enrichment plant, estimated to cost $2 billion, west of Idaho Falls, could be a good thing for eastern Idaho. The mere possibility that it might not seems not to have been discussed, pretty much at all. Idaho’s elected officials seem in a permanent come-hither mode as regards businesses moving in; often the news really does signify something good, but the blanket assumption can cover a range of problem areas.
Enthusiasm over the possible plant construction has been ongoing for months, even before the Idaho Legislature passed and dangled a major tax break - let’s be plain, that means a shift in taxes to other, already-present Idahoans - to lure it. The announcement press release went out under the cover of the governor and the region’s congressional delegation - all wanted to get a say in. “Phenomenal news,” “a natural fit,” and so on.
This may be a good thing. Some hundreds of jobs will be created, and they are likely to pay well, no small consideration.
But the public hasn’t seen a whole lot more than that; a lot of obvious questions haven’t been much asked. (Here’s one from the underground.) Areva will be engaging in uranium enrichment; what exactly will be entailed? Might more tasks be added, or changed? What are the implications of Areva’s ownership - which is, in an area not culturally thrilled with France in recent years, the French government? What are the environmental considerations; where will the waste go?
(A shorthand description from Wikipedia: “a French public multinational industrial conglomerate that deals in energy, especially nuclear power. It was created on 3 September, 2001, by the merger of Framatome and Cogema (now AREVA NC). Its main shareholder is the French owned company CEA, but the German company Siemens also retains 34% of the shares of AREVA’s subsidiary, AREVA NP, in charge of building the European Pressurized Reactor. The parent company is incorporated under French law as a société anonyme (SA - public corporation). The French State owns more than 90%.”) It does have close ties to the Bush Administration, which we know because its U.S. subsidiary is now led by former Bush Administrator Energy Secretary Spencer Abraham. What implications all that may have, we don’t know.
Guess we’ll find out.
2 Responses to “Areva’s arrival”
Leave a Reply
You must be logged in to post a comment.
May 6th, 2008 at 7:33 pm
Actually, the potential downsides have been discussed extensively, including in public hearings before the Legislature. Don’t agree at all that the public hasn’t had much asked or answered, or that there hasn’t been a significant review by competent experts in Idaho and elsewhere.
The gas centrifuge enrichment technology is well known and has been publicized from the beginning. See both the Areva NC and the NRC web sites.
Areva’s French ownership was discussed extensively in hearings.
The primary environmental consideration is the industrial chemical hazard of UF6. Waste (depleted UF6 gas) will be shipped to the DOE reclamation plant in Portsmouth, OH (or possibly one at Paducah, KY).
I’ll admit I’m not thrilled about the ties to Bush, but Areva’s US subsidiaries have been reasonably good US corporate citizens for a long time now.
May 7th, 2008 at 12:59 pm
Fair points, but I’d also add in those from today’s Twin Falls Times News editorial on Areva.