AREVA and MHI's Joint Reactor Development

From AREVA:

AREVA, the world's largest business group in the nuclear energy field, and Mitsubishi Heavy Industries, Ltd. (MHI) confirm the fast deployment of their alliance in the nuclear energy area, as established last October.

...

Since October 2006, AREVA and MHI teams have worked together to define the conceptual bases on which the future advanced reactor will be developed. They have agreed on the main features of this reactor: an advanced generation 3, pressurized water, 3 loops reactor with a power of around 1100 MWe. It will integrate the latest features already adopted by AREVA and MHI in terms of safety (resistance to commercial airplane crashes for instance), environment (reduced spent fuel and waste) and efficiency (possibility of extended fuel cycles and capacity to use MOX fuel for instance).

Sweet stuff!