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Westinghouse Non-Proprietary Class 3   © 2010 Westinghouse Electric Company LLC. All Rights Reserved.




       Westinghouse Electric Company:
       Committed to Providing Sensible Energy
       Solutions for the Czech Republic


       Kerry Hanahan
       Project Development Director
       Czech Republic



                                                                                                   1
Westinghouse Electric Company
                                     Westinghouse Electric Company
                                    provides fuel, services, technology,
                                   plant design, and equipment to utility
                                      and industrial customers in the
                                      worldwide commercial nuclear
                                          electric power industry




Nearly 50 percent of the nuclear
power plants in operation
worldwide are based on
Westinghouse technology
                                                Westinghouse Electric Company
                                                         Headquarters
                                             Cranberry Township Pennsylvania, USA




                                                                                    2
Westinghouse is Committed
to Serving Europe
● ~ 5,000 Employees in EU
● Two nuclear fuel facilities in EU
● Supplier of 25 nuclear
  units in EU
● Designer of 86
  licensed nuclear
  units in EU
● Legacy forms our
  platform for
  future AP1000TM
  deliveries in EU


                                      3
Westinghouse Non-Proprietary Class 3                                           © 2010 Westinghouse Electric Company LLC. All Rights Reserved.



                                  Yesterday’s Operating Model
                                 Today’s Regional Operating Model




                           Americas                             Europe                                        Asia
                                Westinghouse


                  Services             Fuel     New Plants




                                              Westinghouse

                                       Global Products and Services

                                              Center Led-HQ
 4
                                                    Westinghouse Proprietary                                                                               4
                                                                                                                          Does not represent actual plant locations.
Westinghouse Electric Company Four Product Lines

     Nuclear Services
     Focused on operating plant
     success through reliable
     operation, maximized power
     output and better (shorter,
     more predictable) outages
                                                                 Nuclear
                                                                 Power Plants
Nuclear Fuel                                                      Specializing in
                                       One                        the technology
A single-source                    Westinghouse                   of new nuclear
fuel provider for
                                                                  power plants and
PWR, BWR,
                                                                  component
VVER, AGR and
                                                                  manufacturing
Magnox reactors
worldwide

                                                  Nuclear
                                                  Automation
                                                  Instrumentation and control
                                                  solutions to enhance the
                                                  reliability of nuclear plant
                                                  control and safety systems




                                                                                 5
AP1000TM: Designed for Greater Certainty
Simple, Practical, Standardized and Innovative
                                        •   Passive Safety replace
                                            mechanical & electrical systems
                                            -- results in fewer materials and
                                            equipment
                                        •   Modular design drives faster,
                                            predictable construction
                                            schedule
                                        •   Reduced Operations and
                                            Maintenance Cost versus other
                                            plant designs
                                        •   Majority of design utilizes
                                            proven Westinghouse
                                            experience and technology
                                Result:
 Reduced Construction Time, Greater Schedule Certainty, and Lower Costs
                 Greater Levels of Safety and Quality



                                                                                6
AP1000TM: Designed for Greater Certainty
Long-lasting benefits from a simple design



● ~30% less operating staff

● ~40 – 50% less safety-related equipment

● 60-year design life

● Design capacity factor of 93%

● Designed for outage duration of 17 days



                                             7
AP1000TM: Designed for Greater Certainty
Simplicity in Safety Design

  Passive Technology Employs Natural Forces.
  Evaporation
  Condensation
  Natural Circulation
  Compressed gasses
  (nitrogen, air)
  System performance has
  been proven by extensive
  testing and approved by the
  U.S. NRC
  1,100 Mwe supports the
  existing Czech grid



                                               8
AP1000TM: Designed for Greater Certainty
Smaller footprint for improved economics
AP1000 – Dark Red and Light Red
Typical PWR – Dark Blue and Light Blue
• Dark colors denote safety-related
  footprint
•AP1000 has significantly less
 safety-related area, equipment
 and components
•AP1000 construction schedule
 48 months from 1st nuclear
 concrete to substantial
 completion


                                           9
AP1000TM: Designed for Greater Certainty
Licensing maturity means less risk

● 1300 man year design and testing effort over 20 years
● US NRC review process
   – Independent, confirmatory plant analysis and testing
   – AP1000 certified January 2006 with Design Control Document
     (DCD) Rev 15
   – DCD amendments for aircraft crash resistance, among others,
     currently under review by NRC
● Approved for construction in China
● EU Compliance Certificate received, May 15, 2007
● Being reviewed by UK regulator


                                                             10
AP1000TM: Designed for Greater Certainty
Modular construction makes a difference

Modular Construction means more work done in parallel




Shorter schedule & Increased safety & Improved quality


                                                         11
AP1000TM: Designed for Greater Certainty
Positive Effects of Modular Construction

                                          Feb 2007 plan     Actual    Delta
 First Concrete Milestone Completed         31-Mar-09     26-Mar-09    0
 Auxiliary Building Module Set in Place     31-May-09     29-Jun-09    1
 CV Bottom Head Set in Place                31-Jun-09     21-Dec-09    6
 CV 1st Ring Set in Place                   31-Dec-09     18-Mar-10    3
 CV 2nd Ring Set in Place                   31-May-10      2-Jun-10    0

With the setting of the CV 2nd
Ring, against the
construction schedule
milestones Sanmen Unit 1
has basically recovered the 6
month delay in setting the
CVBH.

This would not have been
achievable if it were not for
modular construction.
                                                                              12
Committed to Delivering the AP1000TM
AP1000 projects are progressing
      TM




      First AP1000
      in the World:
     On Schedule
      For 2013
                       Setting of the
                 Containment Vessel
                        Second Ring
                     Sanmen Unit 1



                                        13
Committed to Delivering the AP1000TM
Sanmen Units 1 & 2




                                       14
Committed to Delivering the AP1000TM
Haiyang Units 1 & 2




                                       15
Committed to Delivering the AP1000TM
First New U.S. Construction in 30 Years Has Begun
                             Southern Nuclear Vogtle Units 3 & 4




       Site Aerial View – January 2010
                                                    Module Assembly Bldg Pad Installation



                                                                                            16
Committed to Delivering the AP1000TM
First New U.S. Construction in 30 Years Has Begun
                      SCANA VC Summer




                                                    17
Westinghouse Supports Supply Chain
Supply Chain Development is Critical To The Czech Republic


• Our progress and success on existing projects
  relies upon the localization of supply chain
   • High quality, delivery assurance
   • Capable of and experienced with development
     of new suppliers
   • We Buy Where We BuildTM part of our success
     in the Czech Republic



                                                         18
Commitment to Localization of Supply
Supply chain solutions: think global, act local

Immediate opportunities for Czech Suppliers…
   Component manufacturing
   Equipment supply
   Module construction and
    logistics
   Construction
   Civil works
   Construction management
   Project Management                            Transportation / Misc.



…and potential partnership with Westinghouse in the
AP1000™ Integrated Global Supply Chain Network.

                                                                           19
Westinghouse Nuclear Power Plants
A Long-Term Partner for Czech Energy Solutions

• The right choice for inherently safe technology…
  • Passive Gen III+ is the most advanced
  • Safe, Simple, Standardized and Innovative
  • Modular construction for a shorter schedule
• The right choice for greater energy security…
   • Commitment to serving Europe
  • Greater diversity of fuel and supply chain
• The right choice for economic responsibility…
   • Simplification for greater project certainty
  • ”Fits” the existing grid – 1,110 MWe
  • Proven project execution excellence


                                                     20
We Are Committed to the Czech Republic
A Long-Term Partner for Czech Energy Solutions

•The right choice for a long-term partnership…
  • Commitment to the
    Czech community
  • Localization with Czech
    industry as the base
  • Job creation
  • Cornerstone for Europe
  • Technology exchange
   A Westinghouse – Czech relationship means safe,
     secure and economically responsible energy
     in the Czech Republic for the next 100 years!


                                                     21
Thank You!




             22
July 2010

  Westinghouse                                         President and Chief
                                                       Executive Officer*



  Electric Company                                     Aris Candris




           President             President                                   Senior Vice President   Senior Vice President
           Americas*             Operations*                                 Operations Support*     Human Resources &
                                                                                                     Corporate Relations

           Jim Ferland           Ric Pérez                                   Dan Lipman              Tony Greco



           President                Senior Vice President                                            Senior Vice President,
           Asia*                    Nuclear Services*                                                Legal & Contracts,
                                                                                                     Environment, Health &
                                                                                                     Safety, and General Counsel
           Jack Allen               Nick Liparulo                                                    Ramsey Coates


           President                Senior Vice President                                            Senior Vice President,
           Europe, Middle East      Nuclear Fuel*                                                    Research & Technology,
           and Africa*                                                                               and Chief Technology
                                                                                                     Officer
           Anders Jackson           Joe Belechak                                                     Kate Jackson


                                    Senior Vice President                                            Senior Vice President,
                                    Nuclear Power Plants*                                            Finance, and Chief
                                                                                                     Financial Officer

* Operating Committee Members       Deva Chari                                                       Masayoshi Hirata

 Effective October 2010
                                    Senior Vice President                                            Senior Vice President
                                    Nuclear Automation*                                              and Chief Coordination
                                                                                                     Officer

                                    David Howell                                                     Tetsuya Noda




                                                                                                                              23
Westinghouse NPP Top Five Priorities
1. Successfully Deliver on our Commitments
2. Successfully Capture New Markets
3. Continuously Improve Operations and Project
   Execution
4. Enhance Organizational Effectiveness
5. Build Strategy for the Future


                                                 24
Westinghouse NPP Vision and Mission

              NPP will be the global supplier of choice in delivering
NPP Vision
              new nuclear power plant projects to meet the world’s
              growing need for energy

              We will realize this vision by …
NPP Mission
              • Leading the industry with new and innovative technology
              • Maintaining world-class safety and quality performance
              • Successfully delivering projects on time and within budget
              • Offering innovative solutions to our customers
              • Leveraging the capabilities of Toshiba/Shaw to maximize our
               Global Market Share
              • Developing and empowering our employees
              • Leveraging C1st to differentiate ourselves in the marketplace




                                                                            25
Four China AP1000TM Units
Under Construction
Sanmen 1 – RV to set in April 2011   Haiyang Unit 1 – CVBH Set April 2010




 Sanmen 2 - CVBH Set June 2010         Haiyang Unit 2 – FCD June 20th




                                                                            26

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Westinghouse

  • 1. Westinghouse Non-Proprietary Class 3 © 2010 Westinghouse Electric Company LLC. All Rights Reserved. Westinghouse Electric Company: Committed to Providing Sensible Energy Solutions for the Czech Republic Kerry Hanahan Project Development Director Czech Republic 1
  • 2. Westinghouse Electric Company Westinghouse Electric Company provides fuel, services, technology, plant design, and equipment to utility and industrial customers in the worldwide commercial nuclear electric power industry Nearly 50 percent of the nuclear power plants in operation worldwide are based on Westinghouse technology Westinghouse Electric Company Headquarters Cranberry Township Pennsylvania, USA 2
  • 3. Westinghouse is Committed to Serving Europe ● ~ 5,000 Employees in EU ● Two nuclear fuel facilities in EU ● Supplier of 25 nuclear units in EU ● Designer of 86 licensed nuclear units in EU ● Legacy forms our platform for future AP1000TM deliveries in EU 3
  • 4. Westinghouse Non-Proprietary Class 3 © 2010 Westinghouse Electric Company LLC. All Rights Reserved. Yesterday’s Operating Model Today’s Regional Operating Model Americas Europe Asia Westinghouse Services Fuel New Plants Westinghouse Global Products and Services Center Led-HQ 4 Westinghouse Proprietary 4 Does not represent actual plant locations.
  • 5. Westinghouse Electric Company Four Product Lines Nuclear Services Focused on operating plant success through reliable operation, maximized power output and better (shorter, more predictable) outages Nuclear Power Plants Nuclear Fuel Specializing in One the technology A single-source Westinghouse of new nuclear fuel provider for power plants and PWR, BWR, component VVER, AGR and manufacturing Magnox reactors worldwide Nuclear Automation Instrumentation and control solutions to enhance the reliability of nuclear plant control and safety systems 5
  • 6. AP1000TM: Designed for Greater Certainty Simple, Practical, Standardized and Innovative • Passive Safety replace mechanical & electrical systems -- results in fewer materials and equipment • Modular design drives faster, predictable construction schedule • Reduced Operations and Maintenance Cost versus other plant designs • Majority of design utilizes proven Westinghouse experience and technology Result:  Reduced Construction Time, Greater Schedule Certainty, and Lower Costs  Greater Levels of Safety and Quality 6
  • 7. AP1000TM: Designed for Greater Certainty Long-lasting benefits from a simple design ● ~30% less operating staff ● ~40 – 50% less safety-related equipment ● 60-year design life ● Design capacity factor of 93% ● Designed for outage duration of 17 days 7
  • 8. AP1000TM: Designed for Greater Certainty Simplicity in Safety Design Passive Technology Employs Natural Forces. Evaporation Condensation Natural Circulation Compressed gasses (nitrogen, air) System performance has been proven by extensive testing and approved by the U.S. NRC 1,100 Mwe supports the existing Czech grid 8
  • 9. AP1000TM: Designed for Greater Certainty Smaller footprint for improved economics AP1000 – Dark Red and Light Red Typical PWR – Dark Blue and Light Blue • Dark colors denote safety-related footprint •AP1000 has significantly less safety-related area, equipment and components •AP1000 construction schedule 48 months from 1st nuclear concrete to substantial completion 9
  • 10. AP1000TM: Designed for Greater Certainty Licensing maturity means less risk ● 1300 man year design and testing effort over 20 years ● US NRC review process – Independent, confirmatory plant analysis and testing – AP1000 certified January 2006 with Design Control Document (DCD) Rev 15 – DCD amendments for aircraft crash resistance, among others, currently under review by NRC ● Approved for construction in China ● EU Compliance Certificate received, May 15, 2007 ● Being reviewed by UK regulator 10
  • 11. AP1000TM: Designed for Greater Certainty Modular construction makes a difference Modular Construction means more work done in parallel Shorter schedule & Increased safety & Improved quality 11
  • 12. AP1000TM: Designed for Greater Certainty Positive Effects of Modular Construction Feb 2007 plan Actual Delta First Concrete Milestone Completed 31-Mar-09 26-Mar-09 0 Auxiliary Building Module Set in Place 31-May-09 29-Jun-09 1 CV Bottom Head Set in Place 31-Jun-09 21-Dec-09 6 CV 1st Ring Set in Place 31-Dec-09 18-Mar-10 3 CV 2nd Ring Set in Place 31-May-10 2-Jun-10 0 With the setting of the CV 2nd Ring, against the construction schedule milestones Sanmen Unit 1 has basically recovered the 6 month delay in setting the CVBH. This would not have been achievable if it were not for modular construction. 12
  • 13. Committed to Delivering the AP1000TM AP1000 projects are progressing TM First AP1000 in the World: On Schedule For 2013 Setting of the Containment Vessel Second Ring Sanmen Unit 1 13
  • 14. Committed to Delivering the AP1000TM Sanmen Units 1 & 2 14
  • 15. Committed to Delivering the AP1000TM Haiyang Units 1 & 2 15
  • 16. Committed to Delivering the AP1000TM First New U.S. Construction in 30 Years Has Begun Southern Nuclear Vogtle Units 3 & 4 Site Aerial View – January 2010 Module Assembly Bldg Pad Installation 16
  • 17. Committed to Delivering the AP1000TM First New U.S. Construction in 30 Years Has Begun SCANA VC Summer 17
  • 18. Westinghouse Supports Supply Chain Supply Chain Development is Critical To The Czech Republic • Our progress and success on existing projects relies upon the localization of supply chain • High quality, delivery assurance • Capable of and experienced with development of new suppliers • We Buy Where We BuildTM part of our success in the Czech Republic 18
  • 19. Commitment to Localization of Supply Supply chain solutions: think global, act local Immediate opportunities for Czech Suppliers…  Component manufacturing  Equipment supply  Module construction and logistics  Construction  Civil works  Construction management  Project Management Transportation / Misc. …and potential partnership with Westinghouse in the AP1000™ Integrated Global Supply Chain Network. 19
  • 20. Westinghouse Nuclear Power Plants A Long-Term Partner for Czech Energy Solutions • The right choice for inherently safe technology… • Passive Gen III+ is the most advanced • Safe, Simple, Standardized and Innovative • Modular construction for a shorter schedule • The right choice for greater energy security… • Commitment to serving Europe • Greater diversity of fuel and supply chain • The right choice for economic responsibility… • Simplification for greater project certainty • ”Fits” the existing grid – 1,110 MWe • Proven project execution excellence 20
  • 21. We Are Committed to the Czech Republic A Long-Term Partner for Czech Energy Solutions •The right choice for a long-term partnership… • Commitment to the Czech community • Localization with Czech industry as the base • Job creation • Cornerstone for Europe • Technology exchange A Westinghouse – Czech relationship means safe, secure and economically responsible energy in the Czech Republic for the next 100 years! 21
  • 23. July 2010 Westinghouse President and Chief Executive Officer* Electric Company Aris Candris President President Senior Vice President Senior Vice President Americas* Operations* Operations Support* Human Resources & Corporate Relations Jim Ferland Ric Pérez Dan Lipman Tony Greco President Senior Vice President Senior Vice President, Asia* Nuclear Services* Legal & Contracts, Environment, Health & Safety, and General Counsel Jack Allen Nick Liparulo Ramsey Coates President Senior Vice President Senior Vice President, Europe, Middle East Nuclear Fuel* Research & Technology, and Africa* and Chief Technology Officer Anders Jackson Joe Belechak Kate Jackson Senior Vice President Senior Vice President, Nuclear Power Plants* Finance, and Chief Financial Officer * Operating Committee Members Deva Chari Masayoshi Hirata Effective October 2010 Senior Vice President Senior Vice President Nuclear Automation* and Chief Coordination Officer David Howell Tetsuya Noda 23
  • 24. Westinghouse NPP Top Five Priorities 1. Successfully Deliver on our Commitments 2. Successfully Capture New Markets 3. Continuously Improve Operations and Project Execution 4. Enhance Organizational Effectiveness 5. Build Strategy for the Future 24
  • 25. Westinghouse NPP Vision and Mission NPP will be the global supplier of choice in delivering NPP Vision new nuclear power plant projects to meet the world’s growing need for energy We will realize this vision by … NPP Mission • Leading the industry with new and innovative technology • Maintaining world-class safety and quality performance • Successfully delivering projects on time and within budget • Offering innovative solutions to our customers • Leveraging the capabilities of Toshiba/Shaw to maximize our Global Market Share • Developing and empowering our employees • Leveraging C1st to differentiate ourselves in the marketplace 25
  • 26. Four China AP1000TM Units Under Construction Sanmen 1 – RV to set in April 2011 Haiyang Unit 1 – CVBH Set April 2010 Sanmen 2 - CVBH Set June 2010 Haiyang Unit 2 – FCD June 20th 26