MENA nuclear decommissioning market, 2012

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MENA nuclear decommissioning market, 2012

  1. 1. THE MIDDLE EAST NUCLEAR NEW BUILD REPORT 2012 MENA Nuclear Power Market Map 2012 www.nuclearenergyinsider.com
  2. 2. THE MIDDLE EAST NUCLEAR NEW BUILD REPORT 2012 | PAGE 2 Forecast for the the Middle East and North Africa 30% of executives surveyed expected11-15 GWe (Gigawatt of Electrical Energy) to be in operation by 2020 58% of executives surveyed expected up to 40 GWe to be in operation by 2030 Anticipated demand for electricity is expected to grow by 25% per year from 2010 to 2015 (Deloitte) Morocco Algeria Tunisia Libya Egypt Syria Turkey Iraq Kuwait Bahrain Qatar Jordan Israel Lebanon Saudi Arabia Yemen Oman UAE 2010 2011 2012 2013 2014 2015 2020 2030 This presentation shows the expanding market for nuclear equipment and services in support of the construction of new Nuclear Power Plants (NPPs) in the Middle East and North Africa Region. Further analysis of the market, including 15 in-depth interviews with senior nuclear industry executives with direct experience of the MENA Market and government officials, can be found in the The Middle East Nuclear New Build Report 2012 available now at nuclearenergyinsider.com.
  3. 3. THE MIDDLE EAST NUCLEAR NEW BUILD REPORT 2012 | PAGE 3 MENA nuclear program tracker UAE 4 Unit Nuclear Power Power Plant under contract Project: Braka Size: Four 1400 MW (e) APR1400 reactors Supplier: KEPCO Construction subcontracts: $5.59 billion – Samsung and Hyundai Completion: 2017 TURKEY 4 Unit Nuclear Power Power Plant under contract Project: Akkuya Size: Four VVER 1200 reactors Capacity: 4.8 GWe Construction suppplier: Rosatom Construction deal: $20 billion EPC Contractor: JSC Atomstroyexport Completion: 2019 EGYPT On hold due to political turmoil, which prior to the Arab Spring was scheduled for NPP tender in 2011. JORDAN Project: Majdal project Size: Single unit 750 to 1000MW plant Scheduled commencement: 2013 Completion: 2017 SAUDI ARABIA 16 reactors to be built over next 20 years.
  4. 4. THE MIDDLE EAST NUCLEAR NEW BUILD REPORT 2012 | PAGE 4 Future MENA Commercial Nuclear Power Market n NPP contracted n Near term developments programs n Long term interest UAE 1 to 3 additional 4 reactor NPPs with unit capacity expected to exceed 1200 MWe. Kuwait Post Fukushima – halted plans for four 1000 MWe reactors by 2022. EGYPT Subject to political stability: Announced nuclear capacity target: Four reactors by 2025 JORDAN Nuclear will provide: • 6% of total energy by 2020 • 30% of total energy by 2030-2040 SAUDI ARABIA Nuclear energy will provide 20% of total energy by 2030. Announced nuclear capacity target is 16 reactors by 2030: • First two reactors targeted for completion by 2021 • Two more to be completed each year after 2021 Expected total capacity: 22.4 GWe TURKEY Nuclear will provide 5% of total energy by 2020. Future programs Project: Sinop Status: Negotiations with TEPCO regarding a NPP (four 1350nMWe ABWR reactors) were halted following the accident in Fukushima. Possible future bids: • APWR reactors supplied by Mitsubishi with Kansai • French consortium of Areva and GDF Suez NPP contracted Turkey UAE * Near term development programs Bahrain * Egypt Jordan Kuwait * Oman * Qatar * Saudi Arabia * Long term interest Algeria Iraq Israel Lebanon Libya Morocco Syria Tunisia Yemen * Members of the Gulf Cooperation Council’s (GCC) nuclear power cooperation initiative. Further explanation of the GCC’s role and objectives can be found in section 2.5.4 of the full report.
  5. 5. THE MIDDLE EAST NUCLEAR NEW BUILD REPORT 2012 | PAGE 5 Potential civilian nuclear energy spending 2012 2019 2025 $1.5bn $13bn $9bn 2012 2019 2025 $3bn $18.5bn $14bn $0.25bn 2012 2019 2025 $3.5bn $1bn JORDAN TURKEY $0bn $1bn $0.5bn 2012 2019 2025 EGYPT 2012 2019 2025 $1bn $7bn $7bn SAUDI ARABIA UAE
  6. 6. THE MIDDLE EAST NUCLEAR NEW BUILD REPORT 2012 | PAGE 6 MENA research reactors status tracker EGYPT Facility: ETRR-1 Type: Tank WWR Power KW(t): 2,000 Status: Operational LIBYA Facility: IRT-1 Type: Pool, IRT Power KW(t): 10,000 Status: Operational MOROCCO Facility: MA-R1 Type: Triga Mark II Power KW(t): 2,000 Status: Operational ALGERIA Facility: NUR Type: Pool Power KW(t): 1,000 Status: Operational EGYPT Facility: ETRR-2 Type: Pool Power KW(t): 22,000 Status: Operational ALGERIA Facility: ES-SALAM Type: Heavy Water Power KW(t): 15,000 Status: Operational ISRAEL Facility: IRR-1 Type: Pool Power KW(t): 5,000 Status: Operational TURKEY Facility: TR-1, Turkish Reactor 1 Type: Pool Power KW(t): 1,000 Status: Shut down ISRAEL Facility: IRR-2 Type: Heavy Water Power KW(t): 26,000 Status: Unverified information TURKEY Facility: TR-2, Turkish Reactor 2 Type: Pool Power KW(t): 5,000 Status: Shut down JORDAN Facility: JSA Type: Subcritical Power KW(t): 0 Status: Under construction IRAQ Facility: TAMMUZ-2 Type: Pool Power KW(t): 500 Status: Shut Down JORDAN Facility: Jordan Research and Training Reactor Type: Tank in Pool Power KW(t): 5,000 Status: Under construction IRAQ Facility: IRT-5000 Type: Pool, IRT Power KW(t): 5,000 Status: Operational TURKEY Facility: ITU-TRR, Tech Univ Type: Triga Mark II Power KW(t): 250 Status: Operational
  7. 7. THE MIDDLE EAST NUCLEAR NEW BUILD REPORT 2012 | PAGE 7 Major nuclear programs: Jordan Jordan Mid 2007 Nuclear Engineering Department established at Jordan University of Science and Technology May 2008 Nuclear Law establishes JAEC and independent JNRC July 2008 Atomic Energy of Canada Ltd (AECL) with SNC-Lavalin conduct a 3-year feasibility study on building an AECL 740 MWe Enhanced Candu-6 reactor using natural uranium fuel, for power and desalination December 2008 MOU with Korea Electric Power Corp (KEPCO) to carry out site selection and feasibility study on nuclear power and desalination projects January 2009 JRTR RFP issued September 2009 Tractabel Engineering, a subsidiary of GdF Suez, undertakes a two-year siting study November 2009 $11.83 million agreement with Worley Parsons for the pre-construction phase of a 1000 MWe nuclear power plant. (Technology selection, tender preparation and bid evaluation) March 2010 $130 million agreement with Korean Atomic Energy Research Institute and Daewoo Engineering and Construction Co, to construct a 5-megawatt reactor, a radioactive isotope manufacturing facility, and a nuclear training centre near the northern city of Irbid April 2010 Agreement with Areva for the protection of the planned nuclear installations and the exploration and mining of uranium July 2010 Fixed price EPC contract for JRTR awarded to KAERI & Daewoo E&C Mid 2010 JSA construction initiated November 2010 Groundbreaking for Jordan Center for Nuclear Research February 2011 GDF Suez, Rosatom, Datang International Power Generation Co. and Kansai Electric Power Co. short-listed as possible strategic partners to operate and invest in the new plant Mid 2011 JSA commissioning Late 2011 JRTR PSAR Submittal December 2011 NPP Supplier selected December 2013 JRTR FSAR Submittal July 2014 JRTR Operating License & Fuel load 2020 First NPP online Program Highlights and Schedule
  8. 8. THE MIDDLE EAST NUCLEAR NEW BUILD REPORT 2012 | PAGE 8 Major nuclear programs: Turkey Turkey 1976 Akkuyu site license approved 1982 Revised nuclear law establishing Turkish Atomic Energy Authority (TAEK) issued 1997 Proposals for Akkuyu received 2000 Akkuyu Project cancelled 2007 Nuclear laws updated to address the construction and operation of NPP and sale of their electricity • TAEK set criteria on construction and operation of NPP March 2008 Issued Tender for Akkuyu June 2008 123 Civilian nuclear cooperation agreement signed with US May 2009 High Planning Council approved the Strategy Paper Concerning the Electricity Market and Security of Supply targeting nuclear to reach a minimum of 5% by 2020, expected to increase May 2010 $20 billion Intergovernmental agreement (IGA) signed with Rosatum to build, own and operate the AES 2006 Akkuyu plant with four 1200 MWe units June 2010 Civilian nuclear cooperation agreement signed with South Korea November 2010 KEPCO withdraws from negotiation for Second Project Mid 2011 TEPCO withdraws from negotiation for Second Project Late 2013 Akkuyu First concrete 2018 First unit to be operational 2019 Akkuyu Commercial Operation 2021 Last units operational Program Highlights and Schedule
  9. 9. THE MIDDLE EAST NUCLEAR NEW BUILD REPORT 2012 | PAGE 9 Nuclear Energy Insider Thank you for your interest in the nuclear power market in MENA. Nuclear Energy Insider hopes you found the information extracted from the The Middle East Nuclear New Build Report 2012 interesting, but this is only the beginning of the discus- sions around nuclear energy in the region. Please get in touch if there is more information, data, interviews with executives or networking opportunities that you need. For more information please visit nuclearenergyinsider.com and or contact Tommy Angell at tangell@nuclearenergyinsider.com Join the conversation facebook.com/NuclearEnergyInsider linkedin.com/groups/Nuclear-Energy-Insider-3734003 @nuclearenergyinsider1 Nuclear Energy Insider MENA Nuclear Energy Markets map © 2012 FC Business Intelligence® The information of this document was prepared by Nuclear Energy Insider (part of FC Business Intelligence) and its partners. Nuclear Energy Insider has no obligation to tell you when information in this document changes. Nuclear Energy Insider makes every effort to use reliable, comprehensible information, but we make no representation that it is accurate or complete. In no event shall Nuclear Energy Insider and its partners be liable for any damages, losses, expenses, loss of data or profit caused by the use of the material or contents of this document. Nuclear Energy Insider grants you a license to make one free copy of the information contained herein for personal or non-commercial use only. Accordingly, no part of this document may be copied, performed in public, broadcast or adapted without Nuclear Energy Insider´s prior written permission. Please contact Tommy Angell at tangell@nuclearenergyinsider. com to request permission.

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