1 This material is based upon work supported by the Department
of Energy under Award Number DE-NE0000583. This report was prepared
as an account of work sponsored by an agency of the United States
Government. Neither the United States Government nor any agency
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opinions of authors expressed herein do not necessarily state or
reflect those of the United States Government or any agency
thereof. 2013 Babcock & Wilcox mPower, Inc. All Rights
Reserved. This document is the property of Babcock & Wilcox
mPower, Inc. (B&W mPower) and is "CONFIDENTIAL AND PROPRIETARY"
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B&W mPower. This is a pre-application document and includes
preliminary B&W mPower TM Reactor design or design supporting
information and is subject to further internal review, revision, or
verification. The Future of Energy in Hampton Roads Doug Lee
Manager, Development & Testing, mPower TM NSSS Technology
Slide 2
2 Charlotte, NC headquarters $3B revenue 13,000 employees plus
10,000 joint venture employees Ticker symbol Fossil Nuclear
Renewables Power Generation Naval Reactors U.S. DOE Government
Operations Federal and Environmental Services 21 US government
sites Management and operations The Babcock & Wilcox
Company
Slide 3
3 A Shifting Nuclear Landscape Geopolitical Motivators Climate
Change legislation Energy independence Strained supply chain Field
craft labor availability Transmission capacity Water and land
rights Tight capital markets Modular Design Project Financing
Licensing History Base Load Impact NSSS supply chain Cost
Efficiency 10 MWe 100 MWe 1000 MWe Ideal modular nuclear plant size
Traditional large reactors Small, GEN IV reactors One size does not
fit all
Slide 4
4 Develop and deploy, by 2022, an SMR that offers: Lower
capital cost Schedule & cost certainty Competitive LCOE pricing
within the constraints of: Proven: GEN III+, established NRC
regulation Safe: Robust margins, passive safety Practical: Standard
fuel, shorter construction and simpler operation & maintenance
Benign: Underground, small footprint Goal and Value
Proposition
Slide 5
5 High-Level Requirements Primary Conditions 2060 psia 606F
Core outlet 31 Mlbm/hr Secondary Conditions Steam 571 o F @ 825
psia) 50 o F Superheat (BOL) Feedwater 414 o F 2.12 Mlbm/hr 180 MWe
nominal output per module 60-year plant life NSSS forging diameter
allows: Greater sourcing options Rail shipment Standard fuel (