Region II WIN Feb 6-9 2011© 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved. A practical, scalable, modular ALWR.

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Presentation transcript:

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved. A practical, scalable, modular ALWR

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved. B&W mPower Overview Favorable regulatory, geopolitical and market realities Broad B&W capabilities, workforce and American infrastructure Strong nuclear utility interest Practical design, aligned to existing nuclear infrastructure Robust licensing philosophy, facilitating NRC review.2 Complementary, near-term nuclear energy solution

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved..3 A Shifting Nuclear Landscape Geopolitical Motivators Climate Change legislation Energy independence Strained supply chain Field craft labor availability Transmission capacity Water and land rights Tight capital markets Modular Design Project Financing Licensing History Base Load Impact NSSS supply chain Cost Efficiency 10 MWe 100 MWe 1000 MWe Ideal modular nuclear plant size Traditional large reactors Small, GEN IV reactors One size does not fit all …

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved. Todays Industry Imperatives.4 Dont bet the company on one project Practical, proven technology Utilize existing nuclear infrastructure Repower carbon-intensive facilities Incremental power additions

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved..5 Vertically Integrated Supply Chain Domestic forgings or rolled plate Component fabrication Mt. Vernon, Indiana Barberton, Ohio Cambridge, Ontario, Canada Fuel fabrication Variety of domestic options Control rod drive fabrication Euclid, Ohio Modular construction capabilities Morgan City, Louisiana A North American solution … most manufacturing in existing B&W facilities

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved..6 A Global Business 22,000 employees. 32 countries. B&W Nuclear Experience 50+ years of continuous nuclear engineering and manufacturing 12,000 nuclear professionals Only U.S. NRC Category 1 license Only U.S. company with N-Stamp for NSSS vessel manufacturing Fabricated >1,100 NSSS components and pressure vessels Manufactured approximately 300 steam generators worldwide U.S. nuclear manufacturing in Indiana, Ohio, Virginia B&W Nuclear Experience 50+ years of continuous nuclear engineering and manufacturing 12,000 nuclear professionals Only U.S. NRC Category 1 license Only U.S. company with N-Stamp for NSSS vessel manufacturing Fabricated >1,100 NSSS components and pressure vessels Manufactured approximately 300 steam generators worldwide U.S. nuclear manufacturing in Indiana, Ohio, Virginia

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved..7 B&W Early Integral PWRs B&W has evolved the integrated Nuclear Steam Supply System PWR over 50 yrs. NS Savannah: Designed in 1950s; small PWR with standard design NS Otto Hahn: Designed in 1960s; small integrated steam generator with reactor SMPP: Designed in 1980s; small modular plant developed for land-based military electric generation Designed and fabricated NSSS NS Savannah Consolidated nuclear steam generator NS Otto Hahn More than 40-year legacy of developing integrated NSSS SMPP design

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved..8 Flexible, scalable, nuclear plant Integral 125 MWe modular reactor Proven technology, passively safe Project schedule and cost predictability A Generation III++ Reactor

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved..9 Nuclear Island Features Dry containment - no suppression pool No active core cooling systems Passive decay heat removal No emergency AC power – batteries only Reactor installed after construction Spent fuel storage for 60-year plant life Simple integrated safety features

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved. Scalable Nuclear Plant: Practical, Affordable Fully independent reactor modules 1-8 modules per plant, 125-1,000 MWe Underground containment building Low-impact, air-cooled condenser Scalable to grid, site, load-growth Three-year construction schedule.10 Cost certainty … Schedule certainty … Capital efficient.

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved. Baseline Lead Plant Schedule: Deploy by 2020 DCA COL COD.11

Region II WIN Feb © 2011 Babcock & Wilcox Nuclear Energy, Inc. All rights reserved..12 B&W mPower Value Proposition Flexible … sized to local transmission, site, and power requirements Affordable … cost competitive, cost certainty with incremental financing Practical … reduced site work and existing B&W U.S. manufacturing Proven … established licensing with Generation III++ technology