Post on 29-Dec-2015
7671-9/06-1
Nuclear PowerPoised for Expansion
7671-9/06-1
Jimmy WangVice President
Bechtel Nuclear
7671-9/06-2
Projected U.S. Energy Demand
The U.S. Is Projected to Need 50% more Electricity by 2025
Source: U.S. Department of Energy
1980 19901970 2003 2015 2025
5,787BkWh
3,839BkWh
7671-9/06-3
103 nuclear plants 20% of the nation’s electricity
U.S. Nuclear Energy—Quick Facts
Displaces 680 million metric tons of CO2/yr
Equivalent to 131 millionpassenger cars/yr
7671-9/06-4
U.S. Nuclear Drivers
Safety first
Proven performance
Cost effective
Affordable
Energy security andindependence
Lowest cost base load generation/grid stability
Emission-free
7671-9/06-5
U.S. Nuclear Drivers
92%
'82 '84 '86 '88 '90 '92 '94 '96 '98 '00 '02 '04
55
60
65
70
75
80
85
90
95
Ca
pa
cit
y F
ac
tor
(%)
0
0.2
0.4
0.6
0.8
1
NRC significant events Continuously declining
Proven performance Continuously increasing Record levels
‘05
Years ‘05
Years
7671-9/06-6
U.S. Nuclear Drivers
Cost effective 1.68 cents/kWh
Emissions Emits no GHGs On par with renewables
1041
622
17 18 46 14 39 150
200
400
600
800
1000
1200
0
1
2
3
4
5
6
7
8
9
10
11
Years‘05
Coal
Gas
Nu
clear
Hyd
ro
Bio
mass
Win
d
Sola
r
Geo
1.682 ¢/kWh
Life Cycle CO2 EmissionsTons CO2-equiv./GWeh
7671-9/06-7
Source: Bisconti Research Inc.
Increasing Public Support
Important
for our energy
future
83%
Keep the option to build nuclear plants
74%
Definitely build
nuclear plants in
future
58%
Accept new
reactors at nearest
plant
69%
Favor use of nuclear
energy
70%
Evidence of U.S. Nuclear Revival
86% of People Within 10 Miles of Existing Nuclear PlantsFavor New Nuclear Power Plants
7671-9/06-8
DeliveringInvesting in
Insuring Reliable
Jump Start
Transmission
InfrastructureDiversityof Fuels
NuclearNew Plant
Construction R&D
Energy Policy Act of 2005
7639-8/06-8
7671-9/06-9
Nuclear
New PlantConstruction R&D
Loan guarantees Risk assurance Production tax credit Price-Anderson Decommissioning funds
Next generation nuclear plant Nuclear hydrogen production Advanced fuel cycle initiative Nuclear engineering program Medical isotopes
Energy Policy Act of 2005
7639-8/06-9
7671-9/06-10
Key Provisions for New Nuclear Plant Construction
Loan guarantees 80% of project cost Higher leverage Lower debt cost
Production tax credit $18/MW hr Through 2021 $125M/1000 MW per year 6,000 MW eligible
Risk assurance Delay protection $500M for 1st 2 plants $250M for next 4 plants
Price-Anderson Nuclear liability insurance Reauthorization for 20 years
Decommissioning funds
Updates for treatment Allows companies to establish funds and make contributions
Allows transfer of nonqualified funds to qualified funds
7671-9/06-11
Nuclear R&D—Key Provisions
Next generation nuclear plant $1.25B Test 2 advanced designs of INL
Nuclear hydrogen production $200M Demonstrate production of hydrogen
Advanced fuel cycle $580M More proliferation-resistant fuel
University nuclear engineering program $56M Recruit and educate students in
nuclear science and technology
Medical isotope assurance Clarifies procedures for licensing the export of HEU
Ensure a robust, affordable supply of isotopes to U.S. medical community
7671-9/06-12
Reactor Designs Being Considered
Design Vendor TypeDesign Certification
Status
ABWR GE Nuclear BWR Approved
System 80+ Westinghouse PWR Approved
AP 600 Westinghouse PWR Approved
AP 1000 Westinghouse PWR Approved
ESBWR GE Nuclear BWRDocketed—December 2005
Certification—2008
EPR Framatome ANP PWR COL Application—December 2007
Certification—June 2010
Genera
tion III +
Genera
tion III
7671-9/06-13
New Generation in the United States
EPREPR
ESBWRESBWR
AP 1000AP 1000
ABWRABWR
Southern
Constellation
Dominion
SCE&G
Entergy
Duke
Progress Energy
TVA
FPL
STP
Amarillo Power
TXU
Technologies
Utili
ties
AREVA NP
Westinghouse
General Electric
7671-9/06-14
New Nuclear Plant Players: The ScorecardCompany Application Status Plant Technology
Constellation EnergyPlans to submit COL Application AREVA NP’s EPR
Plans to submit ESP and COL Application Westinghouse’s AP 1000
Dominion Submitted ESPPreparing COL General Electric’s ESBWR
Submitted ESPPreparing COL Application
Plans to submit ESP and COL
General Electric’s ESBWR
Preparing COL application Westinghouse AP 1000
Preparing COL application Westinghouse AP 1000
Preparing COL application Westinghouse AP 1000
Preparing COL application Westinghouse AP 1000
Plans to submit COL TBD
Plans to submit COL ABWR
Plans to submit COL ABWR
Plans to submit COL TBD
Vogtle
North AnnaNorth Anna
Grand Gulf
River BendRiver Bend
Harris
Bellefonte
V.C. Summer
Cherokee
Calvert Cliffs
Nine Mile Point
TBD
South Texas
ABWR
South Texas
7671-9/06-15
Potential New Nuclear Construction Plans
Company Site DesignNumber of Reactors COL Application Filing Date
Projected Date of Operation
Dominion North Anna (VA) ESBWR 2 September 2007 TBD
Duke Power Cherokee (SC) AP 1000 2 Late 2007/Early 2008 TBD
Entergy Grand Gulf (MS) ESBWR 1 4th Qtr. 2007/1st Qtr. 2008 TBD
Entergy River Bend (LA) ESBWR 1 Early 2008 TBD
TVA/ Southern Bellefonte (AL) AP 1000 2 4th Qtr. 2007 TBD
Progress Energy Harris (NC) AP 1000 2 Late 2007/Early 2008 2015
Progress Energy Florida (TBD) AP 1000 2 Late 2007/Early 2008 2015
SCE&G/Santee Cooper
V.C. Summer (SC) AP 1000 2 3rd Qtr. 2007 2015
Southern Co. Vogtle (GA) AP 1000 2 March 2008 TBD
UniStar Calvert Cliffs (MD)Nine Mile (NY)(FL)
EPR 1 – 4 June 2008 and June 2009 2015
STP South Texas (TX) ABWR 2 June 2008 2014
Amarillo Power Amarillo (TX) ABWR 2 August 2008 2014
TXU Comanche Peak TBD 6 TBD TBD
PotentialConstruction
27 – 30
7671-9/06-16
Summary Estimate of New Nuclear PlantsBased on the Design NRC-Centered Approach
COLs Units
AP 1000 6 12ESBWR 3 4EPR 2 4ABWR 2 4Unspecified 3 6
Total 16 30
7671-9/06-17
U.S. Nuclear Industry—First Movers
ConstellationCalvert Cliffs
SouthernVogtle
FPLTBD
DominionNorth Anna
TVA/SouthernBellefonte
EntergyGrand Gulf
EntergyRiver Bend
Progress EnergyFlorida—TBD
Duke/SouthernCherokee
Progress EnergyHarris
SCB&GVC Summer
ConstellationNine Mile
STPSouth Texas
AmarilloAmarillo
TXUComanche
Peak
7671-9/06-18
New Reactor Licensing Applications20122011201020092008200720062005
AP 1
00
0 P
rog
ram
Revie
wES
BW
RPro
gra
m R
evie
wU
nsp
eci
fied
AB
WR
Pro
gra
m
Revie
wEPR
Pro
gra
m R
evie
w2013
Design Cert
Design Certification
UniStar—Calvert Cliffs (MD) Hearing
UniStar—Nine Mile Pt (NY) Hearing
Design Certification
Dominion—North Anna (VA) Hearing
NuStart—Grand Gulf (MS) Hearing
Entergy—River Bend (LA) Hearing
Unannounced Applicant ESP Hearing
Duke—Cherokee (SC)
Hearing
Progress Energy—Harris (NC) Hearing
HearingSouth Carolina E&G—Summer
Progress Energy—TBD (FL) Hearing
Southern—Vogtle (GA) Hearing
FPL No Site or Vendor Specified Hearing
NuStart—Bellefonte (AL) Hearing
Amarillo Power Hearing
Vogtle ESP Hearing
North Anna ESP Hearing
Grand Gulf ESP Hearing
UniStar—EPR—COL 3 Hearing
UniStar—EPR—COL 4 Hearing
UniStar—EPR—COL 5 Hearing
NRG Energy—South Texas Project Hearing
Duke ESP Hearing
Duke ESP Hearing
Unannounced Applicant COL Hearing
Clinton ESP Hearing
7671-9/06-19
Infrastructure Challenges
Skilled and experienced personnel Architect/engineers and constructors
• Design • Construction management
• Engineering • Craft Nuclear power plants
• Operators • Engineers• Project managers • Rad Protection
technicians• Long lead times for major components
NSSS suppliers• Engineering• Design
NRC• Engineers for COL reviews• Construction inspection personnel
Supply chain Nuclear grade equipment, components, and materials
• N-stamp • App. B QA program• Fabrication capability/capacity• Quality issues
Nuclear fuel Availability with nuclear expansion Cost
Areas of Concern
7671-9/06-20
Nuclear PowerPoised for Expansion
7671-9/06-20
Jimmy WangVice President
Bechtel Nuclear