ATOMIC ENERGY POWER CORPORATION JSC ATOMENERGOPROM PRESENTATION 1 - - PowerPoint PPT Presentation

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ATOMIC ENERGY POWER CORPORATION JSC ATOMENERGOPROM PRESENTATION

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Presentation Contents

ATOMENERGOPROM in brief Nuclear energy development forecast Affiliates of ATOMENERGOPROM

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Restructuring of the Atomic Industry

State Corporation ROSATOM

Atomic Energy Power Corporation Nuclear defense complex Nuclear science Nuclear radiation safety and decommissioning

JSC “Atomenergoprom” 89 Enterprises

Goals of the establishment of JSC “Atomenergoprom”: To consolidate the civil part of nuclear industry into an integrated full-cycle company

• f international scale and to increase its efficiency and to enhance its competitiveness

To divide civil and defense sectors of nuclear industry To create conditions for corresponding Russian nuclear industry to international integration processes To realize effectively a large-scale program of building NPP in Russia

Nuclear fuel cycle Engineering Russia and export Machine- building Development

• f

technologies Applied scientific research

Non - nuclear activities

Power generation Export of uranium and services

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JSC Atomenergoprom was established in 2007 according to Russian Federation Presidential Decree № 556 of 27.04.2007. The charter was approved by Russian Federation Government Resolution №432

• f

06.07.2007 The State Corporation Rosatom

• wns

100% shares

• f

JSC Atomenergoprom (Federal law N 317-FL of 01.12.2007) Shares of 89 enterprises of Russian atomic industry will be contributed into equity of JSC Atomenergoprom (incl. 31 JSC, 55 FSUE, 3 FSEI) The staff totals approximately 193,000 employees. Atomenergoprom absorbs a unique experience, which has been accumulated through all sectors of nuclear fuel cycle and construction of NPP during 60 years Government Support: Federal Target Program “Development of Russian Nuclear Energy Industry in 2007-2010 and for a period till 2015» envisions financing totaling 1471,4 bln RUR (Russian Federation Budget – 674,8 bln RUR – 45%).

General Company Information

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Atomenergoprom mission is to provide safe and effective economic development, life quality growth and preservation of the environment Atomenergoprom contributes to economic growth, social stability, prosperity and progress, provides protection of environment and rational usage of natural resources. The company aims at being a responsible member of the world community, known and respected all over the world. Core strategic principle – technological leadership in the global nuclear industry Company’s strategy is to advance to both to unification and technological improvement of product and to diversification of sources of revenue and the geographic expansion

Mission

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ATOMENERGOPROM in brief Nuclear energy development forecast Affiliates of ATOMENERGOPROM

7 300 400 500 600 700 800 2005 2010 2015 2020 2025 2030

WNA 2005 Max WNA 2005 Med IAE A 2006 Max IAE A 2006 Min IE A 2006 Alt IE A‐2006 Ref DOE ‐E IA 2006 Ref Red Book OE C D Max Red Book OE C D Min

The Worldwide Nuclear Installed Capacity Forecast Till 2030

731 691 482 402 438 529 530

GW

368 WNA 2007 projects growth from 415 to 833 GW or from 12% to 126% of installed capacity from 2030

Average 538

551

98% 98% NPP growth NPP growth

447 +9%

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300 600 900 1200 1500 1800 2006 2010 2015 2020

ТЭС, ГРЭС АЭС

Electricity Consumption Growth In Russia *

• bln. kWh

*According to General Plan of Electricity Power Plants Allocation (base scenario) adopted by Russian Government Decision dated February 22th 2008 #215-р

NPP generation growth from 155,1 bln.kWh to 362 bln.kWh (2006→2020 ) – base scenario, i.e. 20,5% of total Russian electricity generation; NPP growth is achieved by new construction and modernization of existing NPPs

15,9 % 20,5 % 84,1% 79,5%

133% 133% growth growth to 362 bln to 362 bln kWh kWh 71,8% 71,8% growth to growth to 1404,9 bln 1404,9 bln kWh kWh

CHPPs HPPs NPPs

14,6 % 85,4% 16,5 % 83,5%

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Increase of capacity according to General Allocation till 2020

Dynamics of nuclear generation (taking into account modernization*) Program of putting into operation and decommissioning of nuclear units (GW)

Installed capacity (GW)

2006 2010 2015 2020

23,5 26,9 38,1 53,2 59,0

Base scenario Expanded scenario

* Increasing of capacity on operating equipment taking into modernization

Till 2010 4 new nuclear units are to be put into operation; 2011-2015 –

10 new nuclear units ; 2016-2020 – 23 units according to base scenario, or 28 units according

expanded scenario During 2016-2020 г.г. – decommissioning of 9 units – 3,9GW

2006-2010 2011-2015 2016-2020

2,07 11,08 19,12 24,87

Decommissioning

3,9

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Active NPPs NPPs under construction Planned NPPs

General Allocation Plan: Map of Russia in 2020

BILIBINO SEVERODVINSK (FNPP) PRIMORSKAYA KOLA PEVEK (FNPP) SEVERSK SOUTH URALS LENINGRAD KALININ BALAKOVO BELOYARSK ROSTOV KURSK TVER SMOLENSK NOVOVORONEZH NIZHNIY NOVGOROD

Active - 31 units Under construction - 11 units (incl. 2 floating) Planned - 31 units (incl. 2 floating) Upgrade – 14 units Decomissioning – 9 units (incl. 3 in Bilibino)

CENTRAL

Unit statistics

BALTIC

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Argentina Canada China Finland France India Japan

• S. Korea

Russia Pakistan Slovakia Iran Тaiwan USA

1 1 1 1 1 1 1 2 2 2 2 1 3 6 24 11 5 10 12 3 7 6

Brazil Bulgaria

1 1

South Africa

• nuclear units under

construction

• nuclear units planned

2 Number of nuclear units under construction

World nuclear power units under construction (2008 )*

2 4 6 8 10 12 14 CGNPC NPCIL KHNP AREVA GE

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Today there are about 35 nuclear power units, 12 of them are being constructed by Atomenergoprom.

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*Sources: Atomenergoprom, IEAE, WNA №1ATOMENERGOPROM

28%

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40 80 120

Active Units Worldwide

Toshiba/ Westinghouse AREVA GE-Hitachi AECL MHI KHNP

3rd

worldwide by quantity

Source: Atomenergoprom

Toshiba/ Westinghouse AREVA GE-Hitachi AECL MHI KHNP

4th

worldwide by installed capacity

69 units GW 49 108 101 56 18 15 8 117 95 64 29 18 8 ATOMENERGOPROM ATOMENERGOPROM

40 80 120

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ATOMENERGOPROM in brief Nuclear energy development forecast Affiliates of ATOMENERGOPROM

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Main Enterprises

OJSC “Atomredmetzoloto” OJSC “PIMCU”, OJSC “Khiagda”, OJSC “Dalur”, JV “Zarechnoye”, JV “Akbastau”, JV with Cameco, OJSC “AECC”, OJSC “SCC”, OJSC“UECC” OJSC “PO ECP” OJSC “TVEL”, OJSC “MSZ”, OJSC “NCCP”, OJSC “ChMP”, OJSC “CMP”, OJSC “MZP” OJSC “TENEX” OJSC “ENERGOATOM” OJSC “Atomenergomash”, JV “Alstom Atomenergomash”, OJSC “ZiO”, OJSC “VPO Tochmash”, “MSZ Molniya” OJSC “Design-bureau Hydropress”, OJSC “OKBM”, OJSC “NIKIET”, 3 OJSC “Atomenergoproject” (Moscow, Saint-Petersburg, Nizhniy Novgorod) CJSC “ATOMSTROYEXPORT” OJSC “VNIINM”, OJSC “NIIAR”, OJSC “IRM” OJSC “Engineering Centre “Russian Gas Centrifuge”, OJSC “NPK Khimprominginiring”

MINING CONVERSION AND ENRICHMENT FABRICATION

EXPORT OF URANIUM PRODUCTS & SERVICES

RESEARCH AND DEVELOPMENT GENERATION MACHINEBUILDING ENGINEERING EXPORT OF ENGINEERING TECHNOLOGY DEVELOPMENT

ОАО “ATOMENERGOPROM”

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Technology Chain

Fuel fabrication Machinebuilding Uranium mining Conversion and enrichment NPP construction Research and development Generation Spent nuclear fuel management Manufacturing of gas centrifuge

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Global Presence of JSC “Atomenergoprom”

Australia USA Canada Mexico Argentine Brazil 36 countries Finland, Sweden, the Netherlands, Belgium, Germany, France, Spain, Great Britain, Switzerland, Poland, Czech Republic, Hungary, Slovakia, Lithuania, Bulgaria, Slovenia South Africa Namibia Libya Russia Kazakhstan Ukraine Armenia Japan China South Korea Vietnam India Mongolia Iran

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5 10 15 20 25 2007 2010 2015 2020 2024

Uranium mining

Atomredmetzoloto (ARMZ) ATOMENERGOPROM

Uranium Mining Forecast, ‘000 t

Source: ARMZ Note: 25% in 2024 includes JV in Kazakhstan *Including reserves in Kazakhstan 25% JV in Kazakhstan

PIMCU

Dalur Khiagda UDK Gornoye Elkonskiy Mining Olovskaya MCU JVs in Kazakhstan: Zarechnoye, Akbastau JV in Canada (Cameco) JV in Armenia New JV: Canada, Ukraine Mongolia, Namibia Foreign assets of ARMZ

Extractable Reserves of Uranium, ‘000 t

342 Elkonskiy Mining Olovskaya MCU UDK Gornoye PIMCU, Dalur 156 Khiagda 41

Main Business Activities: Secured supply of raw materials matching growing demand of nuclear industry; Uranium mining and raw material base replenishment; Use of the newest technologies (in-situ leaching); 583,000* t 2-nd worldwide

Growth 5,7x 5,7x

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Fuel Fabrication Affiliates

TVEL ATOMENERGOPROM

Nuclear Fuel World Market (Fuel Assembly)

Source: TVEL data, 2007 Novosibirsk Chemical Concentrates Plant Chepetsky Mechanical Plant Chemical and Metallurgical Plant

Main Business Activities Increased Domestic and Export Fuel Market Demands Secured Supply Nuclear Fuel Development and Optimization; Fuel assembly “TVS-Kvadrat” project development ; Participation in MOX project development; Participation in ITER project development ; Cooperation expanding with Areva, AECL and KNFC etc.

Mashinostroitelny Plant (Electrostal)

TVEL representative office: Slovakia, Ukraine

In cooperation with AREVA NP supplies fuel for PWR/BWR (6 reactors in 2007)

Others 83% 17% TVEL

74 commercial reactors – 14 countries 30 research reactors – 17 countries TVEL-labeled fuel keeps running Continuation of Finland (from 2008) and Czech (from 2010) fuel supply projects

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Enrichment / Conversion Affiliates

ATOMENERGOPROM

SWU World Market

Source: Atomenergoprom data, 2007 г.

5% others 11% Usec 20% Urenco Atomenergo prom 45% Areva 19% Enrichment / Conversion Division TENEX UEIP AECC SCC ECP UEC IUEC

Gas Centrifuge Engineering Division Carbon Fiber Engineering Division

Main Business Activities : Secured supply of enriched uranium and enrichment / conversion services to domestic NPPs and export supply to NPP Operators; Development of enrichment technologies

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22 44 66

Nuclear Electric Generation

ATOMENERGOPROM

Installed Capacity TOP-5 Operators, GW «ENERGOATOM» CONCERN

Balakovo NPP (4хVVER 1000) 4000 MW Beloyarsk NPP (LWGR-600) 600 MW Kalinin NPP (3хVVER 1000) 3000 MW Novovoronezh NPP (2хVVER 440, 1хVVER 1000) 1834 MW

Total: 10 NPPs, 31 reactors with 23242 MW capacity installed

Bilibino NPP (4хLWGR 6) 48 MW Rostov NPP (1хVVER 1000) 1000 MW Kola NPP (4хVVER 440) 1760 MW Kursk NPP (4хRBMK 1000) 4000 MW Leningrad NPP (4хRBMK 1000) 4000 MW Smolensk NPP (3хRBMK 1000) 3000 MW TEPCO KHNP EXELON EDF

23,2

15 30 45 60

TEPCO EXELON KHNP EDF

Reactor Number TOP-5 Operators

31

Number 2 worldwide

Source: IAEA (NPP World Wide Report 2006), Rosenergoatom Source: IAEA (NPP World Wide Report 2006), Rosenergoatom

Number 2 worldwide

63 58

ENERGOATOM ENERGOATOM

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Position of ENERGOATOM among Russian generation companies

23,2 31 63 58

JSC “RusGidro» JSC “Mosenergo”

JSC “OGK-1”

10 20 30

2-d 2-d pl place ce in in installed installed capacity capacity

23,2 25 JSC “Irkutskenergo”

• 40

80 120 160

82,3

158,3

1-st 1-st place in place in generation generation

• f electricity
• f electricity

JSC “OGK-4” JSC “Irkutskenergo” JSC “Mosenergo” JSC “RusGidro» ТОР-5 Generation of electricity 2007, bln. kW/h ТОР-5 Installed capacity, GW ENERGOATOM ENERGOATOM

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Nuclear Machinebuilding Industry Affiliates

ZIO Podolsk JV«ALSTOM- Atomenergomash» ZIOMAR

Perlovsky Plant Zavod Progress Kaluga Turbine Plant

«Intelenergomash» «Arako» (Czech) «Stalenergoproekt» JV with Ganz Energetica Kft (Hungary) and others companies

ATOMENERGOPROM Hydropress OKBM CKBM SverdNIIKHim Mash ATOMENERGOMASH GROUP

Auxiliary Equipment Electrochemical Equipment Turbine Island

Turbine Island Reactor Island Auxiliary Equipment

Main Business Activities : Transition to new production and technology platform and increase of production efficiency Increasing production rate from 2 to 4-5 equipment sets per year for new NPPs after 2011

R&D

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Cooperation JSC “Atomenegoprom’ with Japanese Companies Japanese nuclear energy market has strategic importance for JSC “Atomenergoprom” At present JSC ”TENEX” provides about 15% of fuel requirements for Japanese NPP JSC “Atomredmetzoloto” (ARMZ) active cooperates with Mitsui company in realizing collaborative exploration and uranium mining projects in Russia

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On March 20, 2008 Atomenergoprom signed General Framework Agreement on business cooperation with Toshiba Corporation Parties have started an investigation of collaborative projects in different fields, including NPP’s design and construction, production and technical services for heavy equipment, products and services for nuclear fuel cycle Close interconnections between two companies can led to the creation of strategic partnership Cooperation JSC “Atomenegoprom’ with Japanese Companies

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Contacts: JSC «Atomenergoprom» Address: 24/26 B.Ordynka, Moscow 119017 Russia Anton V. Kovalevskiy Investment Policy Director

• tel. +7 (495) 270-17-31

e-mail: Kovalevskiy-av@atomenergoprom.ru Roman S. Kuvshinov Head of IR-office tel.: +7 (495) 969-29-39, ext.3291 e-mail: Kuvshinov-rs@atomenergoprom.ru

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