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Cameco Corp (CCJ) Q1 2021 Earnings Call Transcript


Cameco Corp (CCJ) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
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Cameco Corp (NYSE: CCJ)
Operator
Thank you for standing by. This is the conference operator. Welcome to the Cameco Corporation First Quarter 2021 Conference Call. [Operator Instructions]
I would now like to turn the conference over to Rachelle Girard, VP, Investor Relations, Treasury and Tax. Please go ahead.SPONSORED:
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France extends lifetime of 32 nuclear reactors to increase energy efficiency


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France Extends Lifetime Of 32 Nuclear Reactors To Increase Energy Efficiency
France s Nuclear Safety Authority, on February 25, agreed to extend the operational lifetime of the country’s 32 oldest nuclear reactors by a decade.
The French Nuclear Safety Authority, on February 25, agreed to extend the operational lifetime of the country’s 32 oldest nuclear reactors by a decade to as much as 50 years. The reactors are run by electricity firm EDF, which is responsible for ensuring its safety. France is highly dependent on nuclear energy for electricity, deriving 70 per cent of the total from reactors.
The nuclear authority said in a statement that it finds that measures planned by EDF open the prospect of continued operation of these reactors for a further ten years.” ....

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France postpones closure of oldest nuclear reactors for 10 years


France postpones closure of oldest nuclear reactors for 10 years
France postpones closure of oldest nuclear reactors for 10 years
Paris, Feb 25 (Prensa Latina) The French Nuclear Safety Authority (ASN) on Thursday announced the extension for 10 years of the useful life of the reactors of the oldest nuclear power plants in the country, initially designed to operate for 40 years.
This measure refers to 32 900-megawatt reactors, which were due to be shut down last year and for which the company that manages them, Electricité de France (EDF), requested permission to continue to keep them in operation.
On December 3, 2020, ASN demanded a series of additional tests and studies to be carried out by the electricity operator to obtain the final green light, including crucial points for nuclear safety and technical requirements to be applied. ....

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