ROSATOM Rosatom Investment Projects Perspective in Europe and in the world Ivo Kouklík Vice-President, Rusatom Overseas June 13, 2013 Rauma PRESENTATION CONTENT ROSATOM - Introduction ROSATOM – Investment Principles ROSATOM – New NPPs in Europe ROSATOM - New NPPs in the world ROSATOM – Other nuclear projects Conclusion www.rosatom.ru 2 Rosatom - Fully Integrated Nuclear Technology Company Nuclear Power Complex Uranium production Uranium enrichment www.rosatom.ru Fuel Power equipment fabrication manufacturing Applied and Basic Science NPP Design, Engineering and Construction Electricity generation Nuclear and Radiation Nuclear Safety Icebreakers Services and modernization The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 3 Rosatom Global Operations leader in key segments 5 continents. More than 40 countries. Europe Finland, Sweden, the Netherlands, Belgium, Germany, France, Spain, GB, Switzerland, Czech Republic, Slovakia, Hungary, Lithuania, Bulgaria, Slovenia in uranium enrichment CIS Russia, Ukraine, Kazakhstan, Belorussia, Armenia North America USA, Canada, Mexico Asia China, Japan, South Korea, Vietnam, India, Bangladesh, Mongolia in new NPPs construction MENA Turkey, Libya, Morocco, Algeria, Egypt, Iran, Jordan nuclear fleet globally, 25,2 GWe installed capacity Latin America Venezuela, Argentina, Brazil Australia Africa Namibia, South Africa, Tanzania in uranium deposits www.rosatom.ru The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 4 Rosatom operating NPP fleet in Russia Kola NPP Leningrad NPP Bilibino NPP Kalinin NPP Smolensk NPP Beloyarsk NPP Novovoronezh NPP - VVER - RBMK - BN - EGP Balakovo NPP Kursk NPP Rostov NPP Balakovo NPP Kola NPP Kursk NPP Leningrad NPP Beloyarsk NPP Units in operation: 4 Units in operation: 4 Units in operation: 4 Units in operation: 4 Units in operation: 1 Capacity: 4000 MW Capacity: 1760 MW Kalinin NPP Novovoronezh NPP Capacity: 4000 MW Rostov NPP Capacity: 4000 MW Smolensk NPP Capacity: 600 MW Bilibino NPP Units in operation: 4 Units in operation: 3 Units in operation: 2 Units in operation: 3 Units in operation: 4 Capacity: 4000 MW Capacity: 1880 MW www.rosatom.ru Capacity: 2000 MW Capacity: 3000 MW Capacity: 48 MW The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 5 Rosatom - Key figures - 2012 30 nuclear units Simultaneous implementation 275 000 people Number of employees www.rosatom.ru Revenue Net income The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 6 PRESENTATION CONTENT ROSATOM - Introduction ROSATOM – Investment Principles ROSATOM – New NPPs in Europe ROSATOM - New NPPs in the world ROSATOM – other nuclear projects Conclusion www.rosatom.ru 7 Rosatom is the responsible vendor ready to meet the challenges of the evolving market Energy Solution Modern NPP design (Gen III+) NPP construction and life cycle management support (fuel, services, modernization) Operation & maintenance Regulation, Infrastructure and Public acceptance Industrial Solution Creation and development of regulatory base NFC facilities construction, SNF & RW management, Social-political programmes support Rosatom Integrated Solution NPP equipment manufacturing, service & works localization, Technology transfer, Certification of local suppliers, participation in Rosatom third countries projects Financial Solution Knowledge, skills, human capital Personnel education & training (incl. traineeship on NPP sites), BOO projects implementation; R&D base development, Partnership projects State credits, NPP operation experience exchange - basic principle www.rosatom.ru The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 8 Rosatom Generation III+ NPP Design VVER-1200 (Water-Water Power Reactor) Protection from outer impacts Forefront of nuclear technology – Generation 3+ reactor Proven and mature solutions – 1400 reactor years of total operating time Hurricanes, tornadoes Airplane crash Snow load A high level of internal safety gained through evolution of design Most demanded capacity suitable for various grid conditions – 10001200 MWe Tsunamis, floods Outside explosions Earthquakes Long – run facility – design lifetime of the main equipment: 60 years High performing source of supply – availability factor 92 % www.rosatom.ru Meets all current Russian and international safety standards and the IAEA requirements Widely referenced by utilities EUR certified The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 9 PRESENTATION CONTENT ROSATOM - Introduction ROSATOM – Investment Principles ROSATOM – New NPPs in Europe ROSATOM - New NPPs in the world ROSATOM – other nuclear projects Conclusion www.rosatom.ru 10 How strongly did Fukushima affect the plans to the world’s nuclear energy development? Eastern Europe North America 38 Western Europe 150 135 24 24 32 29 Russia 31 Korea 113 113 114 114 111 99 120 123 114 114 47 44 34 32 24 24 38 38 2012 2020 2030 30 31 2012 2020 2030 China 2012 2020 2030 120 124 21 21 74 2012 2020 2030 18 MENA 54 22 India 13 World 12 12 17 11 2012 2020 2030 South Africa -12% 36 37 37 South-East Asia 2012 2020 2030 -11% 652 62 2012 2020 2030 19 19 Installed capacity Latin America 66 26 27 10 GW, reference scenario Japan* 2012 2020 2030 34 2012 2020 2030 5 5 10 7 9,4 7 588 2012 2020 2030 2012 2020 2030 Rosatom’s portfolio 515 460 2012 2020 2030 21 365 365 12 2012 2020 2030 2010 2011 Rosatom’s scenario before Fukushima Rosatom’s scenario after Fukushima www.rosatom.ru * Does not include national nuclear power program potential strategy revision (to be revised shortly) The content of this pre sentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 11 Ongoing NPP construction projects in Europe 4 units under construction in European Union (2 VVER). 10 units (all VVER) in other Europe countries are successfully implemented . Olkiluoto 3 NPP (EPR) Baltic 1-2 NPP (VVER-1200) Flamanville 3 NPP (EPR) Belorussian 1-2 NPP (VVER-1200) Khmelnitsk 3-4 NPP (VVER-1000) Mohovce 3-4 NPP (VVER-440) Akkuyu 1-4 NPP (VVER-1200) www.rosatom.ru The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 12 Akkuyu NPP Key parameters Akkuyu is the first Rosatom’ foreign NPP project configured on BOO principles • Project value – $ 20 bn. • Implementation period – 2011-2021 • Legal basis – Intergovernmental Agreement of May 12, 2010 • Reactor design – NPP-2006 (VVER-1200) • Total capacity – 4 800 MW (4 units) • PPA period –15 years, fixed price terms Project highlights • First NPP project in Turkey Turkey • Sound Russian and Turkish State encouragement • Strong support to Turkey with regulatory system establishment and personnel training Site – Akkuyu, province Mersin, Turkey • The project is implemented in close cooperation with Turkish partners, involvement of Turkish suppliers mainly in civil construction • International investors are welcome to join the project with up to 49% Akkuyu SPV stake www.rosatom.ru The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 13 PRESENTATION CONTENT ROSATOM - Introduction ROSATOM – Investment Principles ROSATOM – New NPPs in Europe ROSATOM - New NPPs in the world ROSATOM – other nuclear projects Conclusion www.rosatom.ru 14 VVER technology has potential to be built worldwide Czech Republic 2 Slovakia 1 Hungary 2 Brazil 4 Argentina 2 Finland 1 Belorussia 2 Russia 9 Ukraine 2 Kazakhstan 2 9 Armenia China 1 Turkey 2 4 Egypt India Bangladesh 3 2 Vietnam 4 2 Jordan 12 2 Malaysia 2 Saudi Arabia Indonesia 2 2 South Africa 8 46 28 8 In progress Tendering process/ negotiations Potential Rosatom NPP construction perspective backlog – more than 80 units www.rosatom.ru The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 15 Busher NPP, Iran Key Parameters Reactor design: VVER-1000 (V-446) Total Gross Capacity: 1000 MW (1 x 1000 MW) First criticality: 08 May 2011 First grid connection: 03 Sep 2011 Legal basis: IGA (1992) Construction on the “turn-key” basis www.rosatom.ru The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 16 Kudankulam NPP, India Key Parameters Reactor design: VVER-1000 (V-412) Total Gross Capacity: 2000 MW (2 x 1000 MW) First criticality: 2013 (anticipated date) First grid connection: 2013 (anticipated date) Legal basis: IGA (1998) www.rosatom.ru The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 17 PRESENTATION CONTENT ROSATOM - Introduction ROSATOM – Investment Principles ROSATOM – New NPPs in Europe ROSATOM - New NPPs in the world ROSATOM – other nuclear projects Conclusion www.rosatom.ru 18 Russian Experience in Design and Construction of Research Reactors in Foreign Countries Ukraine Ukraine Belarus IR-100, 0.2MW VVR-M, 10MW IRT-M, 4MW Uzbekistan Kazakhstan Kazakhstan VVR-K, 6MW IVG, 1.60MW VVR-SM, 10MW Latvia IRT-M, 5MW Kazakhstan IGR Georgia Czech Republic LVR-15, 10MW IRT-M, 8MW North Korea IRT, 8MW Germany RFR-10, 10MW Serbia China RFR-10, 10MW Iraq RA, 6.5MW IRT-5000, 5MW Vietnam Hungary DRR, 0.5MW BRR, 10MW Poland Romania VVR-S, 2MW EVA,10MW Libya Bulgaria IRT-1, 10MW IRT-2000, 2MW Egypt Poland MARIA, 30MW ETRR-1, 2MW Reactor Type: www.rosatom.ru - Tank - Heavy Water - Pool - Pulse - Channel in Pool The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 19 Nuclear Innovation – Variety of Applications Nuclear Icebreaker Fleet - #1 nuclear fleet in the world - Assures stable functioning of Northern Sea Route Fast Reactors (Gen IV) - #1 fast neutron reactor in the world - #1 operating fast neutron reactor in the world - Broad development programme Small and Medium Size Reactors - Variety of different designs with referent parameters - #1 floating NPP in the world is being built - #1 successful public-private partnership for developing SMR Radiation Technologies - Isotope production - Nuclear medicine - Irradiation facilities www.rosatom.ru The content of this presentation is for discussion purposes only, shall not be considered as an offer and doesn’t lead to any obligations to Rosatom and its affiliated companies. Rosatom disclaims all responsibility for any and all mistakes, quality and completeness of the information. 20 CONCLUSION ROSATOM is currently the world leading company in the construction of new nuclear units. Company utilizes the advantages of continuing development and construction of nuclear installations without interruption for decades, very broad research and engineering base and strong financial position. www.rosatom.ru 21 Thank You for Attention! Ivo Kouklík Vice-president Rusatom Overseas E-mail: IIKouklik@rosatom.ru Phone: +7 967 213 7935 www.rosatom.ru 22