History of UniStar Nuclear Energy
While formally organized in August 2007, the roots of UniStar Nuclear Energy go back to 2005. On the heels of the Energy Policy Act, Constellation Energy and AREVA NP launched UniStar Nuclear LLC, to promote the UniStar business model with a focused plan to design, license, construct and operate the most efficient fleet of advanced nuclear energy facilities in North America - AREVA's U.S. EPR™ design.
Once we selected the safest, most secure technology, we assembled the best and brightest team of nuclear industry professionals, and developed a risk-managed approach to forging ahead to increased energy independence.
This approach focused on the implementation of a standardized plant design, licensing documentation, construction process, and operational procedures for a minimum of four nuclear plants. This would create an efficiency of time and funding - both critical factors in the success of new nuclear.
In July 2006, UniStar was the first in the industry to procure the long-lead materials needed for the construction of a new U.S. nuclear energy facility, ordering the first set of forgings for a potential new nuclear energy facility in nearly three decades.
In August 2007, the EDF Group of France joined Constellation in forming UniStar Nuclear Energy by acquiring a half-interest in the business.
In November 2010, EDF, Inc. became the sole owner of UniStar Nuclear Energy after acquiring Constellation's 50 percent interest in the business.