European Nuclear Energy Forum Bratislava 25 26 May 2010

2. Working Group Structure Sub WG 1 Competitiveness Chairperson Didier Beutier, AREVA Sub WG 2 Financing Chairperson Kaija Kanurinne, TVO Sub WG 3 Nuclear Legal Roadmap Chairpersons Christian Raetzke, E.ON Kernkraft GmbH Marc Beyens, Electrabel (GDF Suez) Sub WG 4 Smart Grids Chairperson Per Hallberg, Vattenfall

3. Competitiveness (1/2) objective: a SWOT analysis aiming at providing a sound background for discussion on the competitiveness of nuclear power in Europe in view of a more sustainable, less carbon intensive and secure electricity production participants including Utilities, Vendors, Associations, Industries, Consumers, Member States, Academics, chair: Didier Beutier, Areva first part of SWOT Report (Strengths, Weakenesses) finalized and published in parallel to this meeting Strengths and Weaknesses of Nuclear Energy today and in the coming decade: a photography of Nuclear Energy Competitiveness, based on performance indicators (economical,�environmental�and�social) SWOT report Part 1 to be further presented (Panel on EU�Low�Carbon�Economy) Le professeur Kroger indiquera que rapport est un document �volutif, Il repr�sente la photographie � 2008, et les mises � jour pourront �tre envisag�es. Le professeur Kroger indiquera que rapport est un document �volutif, Il repr�sente la photographie � 2008, et les mises � jour pourront �tre envisag�es.

4. second part of the SWOT Report: future Opportunities and Threats of Nuclear based on various energy scenarii timeline 2030 and 2050 requests scenarii a Study Contract by the EU Commission to perform a comparative analysis of selected scenarii (issued e.g. by EC, EP/STOA, IEA, OECD/NEA, WEC, Eurelectric, Greenpeace), SG Competitiveness involved in the selection process the Study�s Findings & Conclusions as an input to the Opportunities and Threats analysis expected delivery: 2011ENEF Meeting Competitiveness (2/2) la Commission vient de signer le contrat avec le consultant allemand Prognos. la Commission vient de signer le contrat avec le consultant allemand Prognos.

5. mandate: establish a roadmap for the responsible use of Nuclear Energy in Europe, covering in particular [�] financial aspects participants: stakeholders of nuclear and power industries (investors, suppliers, operators), members of the financial community method: analysis of possible financial models and several studies on nuclear financing (NEA, WNA, EIB, IAEA, IEA) drawing two risk matrixes: the risks in different phases of a nuclear project the possible mitigation of those risks concern: the issue of investment financing impacts all large industrial projects political situation, regulatory environment and licensing regime construction risks Financing (1/3)

6. Status Report (April 2010) released in parallel to this meeting highlights the need for�sustained policy clarity (EU and Governments) stable regulatory framework stable and predictable market rules for all electricity generation long term contracts visibility on CO2 emission trading, spent fuel�and waste management�policies calls for an effective and efficient licensing process, allowing�adequate public involment multisource financing schemes (incl. Euratom and /or EIB loans, or loan guarantee type instruments) to attract private lenders and improve projects� competitiveness Financing (2/3)

7. work to continue: completing a report on the way and means to support the financing of new built maintain dialogue with financing institutions and try to better understand the ��bankability�� of an industrial project close cooperation with other SGs in particular Legal roadmap and Competitiveness Financing (3/3)

8. Legal roadmap (1/2) mandate: establish a roadmap for the responsible use of Nuclear Energy in Europe, covering in particular legal [�] aspects a survey of licensing procedures in Member States (MS) call for tender to be launched soon (expected delivery: one year) to produce best practice recommendations for MS (efficient and effective design certification/licensing procedures�to avoid undue repetition of work, loss of time and undue costs)

9. Competition and State Aid: how to facilitate new build JVs? Export Control Issues: how to reduce administrative burden? Nuclear Third Party Liability: next steps to be discussed after the June workshop organised by the European Commission and BNLA Cross Cooperation: which support to other SGs? (analysis and impact of legal issues Legal roadmap (2/2)

10. Smart Grids (1/2) objective: impact of and interaction between the development of the "Smart Grid of the future" and the use of Nuclear Power (as an element of the present energy supply and longer term low carbon energy mix) four meetings (with Utilities, Transmission and Distribution Operators): expected evolution of the grid until 2020 and the related underlying challenges integration of renewables in the grid and the impact of the merit-order curve

11. Smart Grids (2/2) to draft a report to assess the impact of �smart grid� and storage on baseload energy in the medium and longer term: up to 2020 (and probably some years beyond): Nuclear Power will continue to be a main contributor to the low carbon electricity mix � with LTO and some new built up to 2050: which energy scenarii? to be linked with SG Competitiveness (SWOT Report Phase 2)

12. a longer term perspective: EU 20/20/20 targets EU Energy Strategy 2011-2020 Energy Roadmap 2050 a link with technology development: the Strategy Energy Technology (SET) Plan the Sustainable Nuclear Energy Technology Platform (SNETP) ? a proposal: to create a dedicated Task Force (within the WG Opportunities) on the EU energy strategy 2011-2020 the Energy roadmap 2050 The Current Context Targets 20/20/20 Targets 20/20/20

13. Nuclear Energy to produce baseload electricity: so far ENEF ��core business�� ENEF / SG opportunities to assess the interest of wider use (other than electricity production): radioisotopes (medicine, industry) transport: hydrogene, other fuel seawater desalination, thermal production space applications (RHU, RTG, reactors) proposal for the next meeting: tbd Looking Ahead

14. objective: to highlight the perspective of the role of nuclear energy in a European Low Carbon Economy Panelists: Pr. Wolfgang Kr�ger, Zurich University, member of the SG Competitiveness to reflect on the first part of the SWOT report on nuclear Dr. Alain Porracchia, CEA Programme Director for Nuclear Energy to focus in particular on the SET Plan and the European Nuclear Technology Initiative Dr. Ralf G�ldner, Vice Chair, E.ON Kernkraft GmbH to provide the industry perspective The Panel