Nuclear Power Plant New Build Activity: A Market Overview
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1 Nuclear Power Plant New Build Activity: A Market Overview Tim Collier Vice President Customer Relations & Sales - Asia Westinghouse Electric Company
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Nuclear Power Plant New Build Activity: A Market Overview. Tim Collier Vice President Customer Relations & Sales - Asia Westinghouse Electric Company. The Need for Power and Energy Security. Asia Electricity Demand Growth Rate. Net Electricity Consumption. - PowerPoint PPT Presentation
Transcript of Nuclear Power Plant New Build Activity: A Market Overview
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Nuclear Power Plant New Build Activity: A Market Overview
Tim Collier
Vice President
Customer Relations & Sales - Asia
Westinghouse Electric Company
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The Need for Power and Energy Security
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Asia Electricity Demand Growth Rate
The electricity sectors of the countries in developing Asia are expected to be the fastest-growing in the world. In the region as a whole, net electricity consumption is projected to increase at an average rate of 3.7 percent per year from 2001 to 2025.
Source: Energy Information Administration
Net Electricity Consumption
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Anticipated Global Demand for New Nuclear Capacity
Ref: The Future of Nuclear PowerAn Interdisciplinary MIT Study (2003) and Westinghouse Analysis
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100 8761 64
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31 367 17 11 9 02
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2050 (High)
2050 (Low)
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New Build Activity
Where?Just about everywhere!
New plants under construction or strong consideration:Canada South Africa ChinaSouth Korea Czech Republic Switzerland Finland Taiwan France
Turkey India U.K. Russia U.S. VietnamJapan Indonesia
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Challenge: Nuclear Power Must Be Cost-Competitive
Comparative electricity generating cost projections for year 2010
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Westinghouse History and Strength
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Reactor Vessel for Westinghouse Shippingport PWRFirst US Commercial Nuclear Power Plant (1957)
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Achieve Sustainable Growth by Contributingto Our Customers’ Success
CustomerIntimacy
OperationalExcellence
TechnologyLeadership
Westinghouse Strategic Objectives
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Leader in Advanced Reactor Licensing
20 years ago Evolutionary ALWR reactor technology– System 80+ Design Certification (DC) on
May 21,199715 years ago Passive reactor technology
– AP600 DC on December 16, 1999Extended to Generation III+ AP1000
– DC December 30, 2005Generation IV nuclear plant technology
– PBMR and IRIS (Pre-Application reviews underway)
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Key for Success:Localization and Technology Transfer Robust ROK new build program will also help us ensure success with other new build efforts
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Westinghouse AP1000
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A Historical Plant PerspectiveCurrent nuclear power plants are safe, economic and increasingly competitive
Complicated systems with numerous active components
Quest for improved performance and safety pursued through redundancy and diversity
Operators required to take action on a relatively short time in response to plant upset conditions
Numerous designs with diverse project delivery teams and equipment suppliers
“Stick-build” construction and large on-site staffs
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Westinghouse Passive Technology
Passive Safety Systems
US Licensing Approval
Reduced Components & Commodity Components
Short Engineering and Construction Schedule
Innovative Design Features
Modular Construction
AP1000
NRC Approves Certification of Westinghouse
AP1000 Advanced
Reactor Design – the only
Genreation III+ design to
receive such certification
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AP1000: Simplicity and Standardization
Design SafetyConstructionProcurementOperationsMaintenance
Schedule for a Standard AP1000 Plant – 60 Months
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Involve Suppliers Early in the Process To improve cost efficiencies Streamline the overall planning of
the project Manage and identify global capacity,
determine worldwide demand, identify gaps and implement gap closure plans
Align supply strategies to the area of the world where the plant is to be built
Identify customer localization requirements, reduce lead times, and continue the pursuit of qualified suppliers
The result: A power plant with fewer sourced components from a pool of tightly
integrated suppliers and sub suppliers
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U.S. Market Signals Are Clear
Westinghouse in discussion with other utilities on AP1000 applications
Utility Submittal Technology
NuStart – TVA 2007 AP1000(2)Dominion 2007 ESBWR(1)Progress #1 2008 AP1000(2)Duke 2007 AP1000(2)Constellation 2008 EPR(1)NuStart–Entergy 2008 ESBWR(1)Entergy #2 2008 ESBWR(1)Progress #2 2008 AP1000(2)Southern 2008 AP1000(2)SCANA 2007 AP1000(2)
U.S. Utilities are
Overwhelmingly Choosing
Passive Reactor Technology
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AP1000 – The Right Choice for New Build
