- NERS 2016 -

EDF Presentation

Prague,

November, 9th 2016

Patrick ZAK EDF SA

New Nuclear Projects and Engineering

Pre development & Marketing Director

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SUMMARY

1.EPR Technology and Safety Principles

2.Licensing

3.Localization

4.Financing

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1. EPR TECHNOLOGY A PROVEN AND EVOLUTIONARY TECHNOLOGY

Evolutionary design based on the most advanced French and German technologies, N4 & Konvoi

Large Power: 4,590 MWth, 1,650 MWe

High efficiency: up to 37%

Target Design Availability: 92% (EUR methodology)

Lower operating costs: -20%

Low fuel costs: -15% U consumption

Design service life: 60 years

A proven design, based on the most powerful

reactors operating in Europe

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The EPR reactor is designed to resist to exceptional events

and prevent damage to the surroundings

The Design of the Safety Systems is based on Redundancy, Diversity

and Complementarity

spray nozzles

xx

x

x

FL flow limiter

CHRS

water level in case of waterinjection into spreading compartment

(2x)

passive

spreading compartment

melt flooding via cooling deviceand lateral gap

in-containment refuelingwater storage tank

flooding device

Complementarity (between active and

passive systems)

Diversity (against

Common Cause

Failures)

Redundancy (against

single failure)

4 train systems in

4 Safeguard Buildings

1

2 3 4

Diversified Emergency

Diesel Generators

Core Catcher &

Containment Spray

1. EPR SAFETY PRINCIPLES Reactor safety approach

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Diesel building door

Double wall, up to 1.8m thick

Large commercial airplane crash resistant:

External reinforced concrete containment

protecting critical buildings

High earthquake resistance

Doors able to withstand explosions

and flooding

Ability to withstand extreme external events

Airplane Crash

resistance shell

Common raft for

nuclear island

1. EPR SAFETY PRINCIPLES Designed to meet the most demanding nuclear and industrial safety standards

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Independent cooling trains

+ physical separation

6 protected, redundant and

diversified emergency

diesel generators

Large protected water reserves

Robustness of cooling functions

IRWST2 (1800 m3)

EFWS1 tanks

(4x400 m3)

Fire fighting

tank

(2600 m3)

1: EFWS Emergency Feed Water System

2: IRWST In Containment Refueling Water Storage Tank

1. EPR SAFETY PRINCIPLES Designed to meet the most demanding nuclear and industrial safety standards

Core catcher to collect and cool the

corium

Passive hydrogen recombiners to

avoid H2 detonation

No impact on local populations in the event of

serious accident

Reactor pit

IRWST

Spreading area

Sacrificial concrete

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Construction license granted in 4 countries

Design license well advanced in US

In line with the safety objectives of the Western European Nuclear Regulators‘ Association (WENRA)

2. LICENSING A design already assessed and licensed by various independent

bodies and safety authorities, worldwide

NNSA 国家核安全局

A smoother licensing phase supported by experienced team

involved in numerous licensing contexts

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3 LOCALIZATION Distinct areas and levels offering opportunities for a wide range of

supply and jobs

Within a wide range of opportunities in Engineering,

Procurement, Construction, Operating & Maintenance

Balance of Plant

10%

Conventional

Island

20%

Nuclear Island

40%

Civil & marine

works

30%

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1. Sourcing – Establish the master supplier list – Initiate first contact visits – Send Request For Interest (RFI)

2. Pre-selection – Preselect suppliers according to RFI feedback analysis – Visit supplier for pre-assessment (quality management,

design, manufacturing, etc.)

3. Pre-Qualification – Define action plan and follow-up – Carry out product or process qualification tests as necessary – Send a blank RFQ for detailed technical assessment

4. Qualification – Approve supplier once qualification is satisfactory before the

contract is signed (Approved Vendor List)

Steps

1. Sourcing

2. Pre-selection

3. Pre-Qualification

4. Qualification

Approved Vendor List

No - Go

No - Go

No - Go

Tim

es

ca

le ~

2 y

ea

rs

Go

Go

NPCIL or French team

NPCIL or French team

French team support

French team support

Go

3 LOCALIZATION A step by step and robust Suppliers Qualification Process

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4. FINANCING Nuclear power plant project key bankability requirements

KEY NON FINANCIAL REQUIREMENTS

NUCLEAR SAFETY FIRST !

KEY FINANCIAL REQUIREMENTS

Strong support from the State

to provide visibility on long-term political

commitment at national and local levels

Shareholders’ reputation

and Financial strength Proven / Approved Technology

Strong and stable legal and regulatory

framework

Nuclear project management & operational

experience of the Owner/Operator

Key stakeholders support

including Unions and Public Acceptance

solid integration of environmental and

social impacts

Long term visibility and certainty on

revenues during operations

Experienced main contractors with in-

house design capabilities

KEY BUSINESS REQUIREMENTS

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4. FINANCING Sources and possible financing mix for the investment

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Development

Phase

Construction

Phase

Decommissioning

Phase

Operation Phase

FID First

concrete

pouring

End of loan

reimbursement

Shareholders' Equity

Commercial banks

Multilateral banks, development banks

Export Credit Agencies

Pension /

Infrastructure /

Sovereign funds Refinancing options Owner-Operator

State-linked financial institutions

Purely financial investors

Investment covers engineering and construction costs, owner’s costs, debt interests,

long-term liabilities (decommissioning, waste and spent fuel management)

Building of decommissioning funding through

provisions

Decommissioning

funding drawdown

Commercial

Operation Date

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Thank you for

your attention