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New Nuclear Plants Outlook

New Nuclear Plants Outlook. Bob Powers, NEI 202-739-8117, rjp@nei.org. New Nuclear Plants Global Status ( 2008 ). 35 plants under construction ~ 28 GW 93 plants on order or planned in 18 countries Expected to be in operation by 2017 200 projects under consideration in 27 countries

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New Nuclear Plants Outlook

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  1. New Nuclear PlantsOutlook Bob Powers, NEI 202-739-8117, rjp@nei.org

  2. New Nuclear PlantsGlobal Status (2008) • 35 plants under construction ~ 28 GW • 93 plants on order or planned in 18 countries • Expected to be in operation by 2017 • 200 projects under consideration in 27 countries • Statement of intent/proposal • Media reports US Navy production expansion to two Virginia class submarines per year in 2012 • Reactor equipment orders in 2010 • Additional equipment orders for nuclear aircraft carriers periodically Source WNA Jan 2008

  3. Potential New Nuclear Plants

  4. Short-Term Order long-lead items Site preparation COL review COL Approval Arrange financing Load fuel Construction COL submitted Start-up testing (4-6 months) Pre-COL construction Commercial operation General procurement 2013 2008 2011 2014 2009 2016 2012 2015 2007 2010 2017

  5. Licensing & Construction Then and Now

  6. US Commercial Outlook to 2020 • First 4 – 8 plants expected to start commercial operations in 2016 • Others under construction • Building rate and projects adjusted based on the success of the first few projects • Potential for new plants • 15 - 20 in 2020; 35+ in 2030 • If first projects are successful

  7. Equipment & Commodities for First Eight Plants (Examples) • Cable – over 1800 miles • Nuclear grade valves -- Over 11,000 • Pumps -- 1400 to 2200 • Nuclear grade piping – 30 – 150 miles • Concrete – over 3 million cubic yds • Electrical components -- Over 700,000 • Structural & reinforcing steel -- 500,000 tons approx. • Large and small heat exchangers -- 500 to 1300 • Fasteners -- 320,000

  8. Support for New Nuclear & Expanded US Manufacturing Base • Bipartisan political support • Strong public support • Solid support from labor • Strong support from other industries • Growing support from environmental community • Increasing concern about carbon emissions

  9. The Future • New nuclear power plants will be built • Need for power, environmental limitations and need for long-term stability in electricity prices • Strong policymaker support • High potential for incentives for US manufacturing sector • Opportunity is there -- will US-based manufacturers be able to take advantage?

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