I
Aii ,
NRC Commissioners Visit
February 9, 2007The way energy works:.
UniStar Nuclear
ConstellationMichael Wallace- -Constellation GeneiGroup
Energy AREVA'resident, Thomas Christopher -
ration Pioneering President, AREVA NP Inc.
BechtelE. James Riensch -
President, Bechtel Nuclear
UniStar President -- GeorgeVanderheyden 2
UniStar Advisory Board
General John Gordon (US Air Force, Retired) - Chairman - former HomelandSecurity Advisor and Assistant to President George W. Bush; Administrator ofNational Nuclear Security Administration; Under Secretary of Energy and DeputyDirector Central Intelligence Agency
James Asselstine - Member - Managing Director, Lehman Brothers; formerCommissioner, Nuclear Regulatory Commission
Richard Meserve, PhD - Member - President, Carnegie Institution; formerChairman, Nuclear Regulatory Commission
Neil Todreas, PhD - Member - Professor of Nuclear Science and Engineering, andProfessor of Mechanical Engineering, Massachusetts Institute of Technology
Kyle McSlarrow - Member - President E CEO of the National Cable FtTelecommunications Association; former Deputy Secretary and Chief operatingOfficer of the US Department of Energy
3
UniStar and New NucLear Summary
UniStar creates a unique and valuable option for new nuclear plantsthrough a flexible business model that:
Provides an option to invest in the first four US EPRs,Provides early value realization, and
Lays-off risk
0 2006 efforts focused on COL business and preliminary developmentactivities for Calvert Cliffs Unit 3
* UniStar Business Model is expanding
Focuses on a new market segment, and
Expands the UniStar COL business into a development business
UniStar Business Expansion Opportunities
Market dynamics support expansion of COL business intoa development business
COL Business (Initial Focus)>, Design Early . i
Destigiatn Site " ,Construction/• •
/ C rtiicatitivities/Uni'Star: AREV/y >/Atvte/""/ !'
Development Business (Expansion Opportunity)
5
Market Movement is to U.S. EPR
CONFIDENTIAL INFORMATION
6
Expanded Opportunity is Attractive to Niche Market
CONFIDENTIAL INFORMATION
7•
Funding Summary
CONFIDENTIAL INFORMATION
8
Construction TimelineI-
ESPICOL IProduct is an asset -
License to build a U.S. EPR at aspecific site (good for 40 years)T=5
$70M
Commit toLong Lead Material
LogngLeadj $Material t'$l6M to
*T=2 lOOM
Commit toConstruct
T=5 T=16$3B
9,
Long Lead Materials
• 17 of the 44 forgings forU.S. EPR 1 have beenpoured
lot* Negotiations in progress for.- a second set of 44 forgings.
10
2006 1 2007 0820-20120-1-I.---- 212'2 113
ý ý,JQ IQ0 12 1 3 14 10 1 2Q34QQ934iQ Q4_ 11Q2Q03 14Qt _1Q3Q4 Qt23 QI Q$
Prepare DC Application 9/30/2007
- A'
NRC Review DC Application L1f3o/29._Q9
_.9/30/2010
IDC Rule-MakingJ ,Prepare COL Application 10/31/2007
NRC Review Of COLA 1/31/2010
I iPrepare CPCNVMWM-"&
* MD Review/Hearings of CPCN
6/30/2009
* *10/31/2010J
Hearing/COLA I
..... I
A
Coiditionial Project Approval
9//208 i4/1/2008 - -- 1
CCNPP Unit 3 Ground Breaking
9/30/2008
2rii
i
II
IIIIIr
IIIIY
colm ircis
v LWA Construction .Plant ConstructionA
UniStarNUCLEAR Summary Project Schedule
CCNPP Unit 3USEPROl Jmumry24,207Confidential/Proprietary UniStar: Information - Distribution Prohibited
Calvert Cliffs Unit 3 GroundBreaking, Activities
wwmý wmwwpwý
e Receive Environmental Restrictions and Pei
* Construct Plant Access Roade Implement Limited Deforestation Plan
- Clear Portion of Switch Yard
- Clear Portion of Unit 3 Site* Install Temporary Lighting a Power
e Install Site Safety Barriers* Install Storm Water Management Devices* Temporary Water and Fuel Services
* Construct Ground Breaking Ceremony Area
I I I II II II•ll .. .......... ... ... .. . .0
Current Site Condition
Expected Site Condition
12
CCNP-3 Cash Requirements------- ----
(U
700-
600 -----
500
400
300
200----
100
02007 2008 2009 2010 2011 2012 2013 2014 2015
3500
3000
2500
E0
2000
1500
1000
500
0m
2006
Year
13
NRC Review ScheduleSuggested process for accelerating review schedule
* Early Review and Issue Resolution
- NRC needs to quickly put in place a simple process fordocumenting its review of stand-alone early submittalsfrom applicants
- This process needs to be separate and apart from"Topical Report" review process - no Safety EvaluationReport
- Such a process would give the staff a method forreviewing stand-alone documents that UniStar Nuclearhas submitted (generic Emergency and Security Plans)
* Plan on raising this suggestion to senior NRCmanagement at upcoming quarterly review meeting 14
SUMMARY
• UniStar deployment expanding
" Constellation Commitment Significant
" Ground Breaking for1 st New Nuclear Plant in the U.S.
Possible in 4 th Quarter, 2008
15
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