SLIDE 1
IPEC Shutdown: Key Factors
Revenues Operational Costs License Renewal Opposition and Costs
1
Indian Point Energy Center Announcement January 09, 2017 IPEC - - PowerPoint PPT Presentation
Indian Point Energy Center Announcement January 09, 2017 IPEC - - PowerPoint PPT Presentation
Indian Point Energy Center Announcement January 09, 2017 IPEC Shutdown: Key Factors Revenues Operational Costs License Renewal Opposition and Costs 1 Key Factors: Power Market Prices (Currently at Record Low) Every $10/MWh in Price = ~
SLIDE 2
SLIDE 3
30 60 90 2005 2010 2015 2020 Winter 2014 Polar Vortex Zone G Energy Prices
$/MWh
Historical Spot Prices Forward Market Today
2016: ~$28/MWh
Record Low
Key Factors: Power Market Prices (Currently at Record Low)
Every $10/MWh in Price = ~ $160M/yr in Revenue
2
SLIDE 4
Source: ABB Velocity Suite for HH, Platts for Zone G
Henry Hub Gas Futures Prices
$/MMBtu
30 40 50 60 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 2017 2018 2019 2020 2021
Zone G Forward Power Prices
$/MWh
2.5 3.0 3.5 4.0 4.5 5.0 5.5 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 2017 2018 2019 2020 2021
Key Factors: Gas and Power Futures – Continued Decline
3
SLIDE 5
U.S. Nuclear Plant Operating Costs; $/MWh
25 35 45 55 2008 2009 2010 2011 2012 2013 2014 2015
Source: Nuclear Energy Institute
Nuclear cost escalation exceeds Inflation
Key Factors: Increased Operating Costs
4
SLIDE 6
500 1000 1500 2000 2500 3000 3500 4000 Plant Indian Point All US Plants NYS (minus IPEC)
Key Factors: License Renewal
- No. of Days for
license renewal
5
SLIDE 7
5
Plant Operational Performance
SLIDE 8