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Atomic energy technology, politics, and perceptions from a nuclear energy insider who served as a US nuclear submarine engineer officer

Areva announces 500 new jobs in the salary range of $60,000 – $100,000 in Lynchburg, VA

June 8, 2008 By Rod Adams

The U. S. arm of Areva has announced a plan to invest $25 million for additional space at its Lynchburg, VA engineering/nuclear services site. The additional space will be needed as the company hires the 500 new employees that it intends to add during the next 3 years. These new employees will be assisting in the effort required to license the firm’s newest reactor design in the US.

According to WSLS 10 web article titled 500 New jobs for Lynchburg most of the new jobs will be engineering positions paying between $60,000 and $100,000 per year. The company calculates that it will be investing 5 million engineering hours into the detailed design for the Evolutionary Power Reactor (U. S. EPR), a design that is based on the European Pressurized Water Reactor (EPR) that is currently under construction in both Finland and France.

Some might wonder why there is so much effort required to produce the detailed designs for reactors that are already being built. In fact, I put myself into that category of wonderers. If anyone can help me understand why such an enormous investment – probably nearing a quarter of a billion dollars – is required, please chime in.

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About Rod Adams

Rod Adams is an atomic energy expert with small nuclear plant operating and design experience, now serving as a Managing Partner at Nucleation Capital, an emerging climate-focused fund. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., one of the earliest advanced nuclear ventures, has engaged in technical, strategic, political, historic and financial discussion and analysis of the nuclear industry, its technology and policies for several decades. He is the founder of Atomic Insights and host and producer of The Atomic Show Podcast.

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