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Comanche Peak History

Comanche Peak Nuclear Power Plant Existing and Proposed Units American Society of Civil Engineers Dallas Chapter November 1, 2010. Comanche Peak History. Unit 1 - Commercial Operation August 1990 20 years of Operation Unit 2 - Commercial Operation August 1993 17 years of Operation

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Comanche Peak History

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  1. Comanche Peak Nuclear Power PlantExisting and Proposed UnitsAmerican Society of Civil EngineersDallas ChapterNovember 1, 2010

  2. Comanche Peak History • Unit 1 - Commercial Operation August 1990 • 20 years of Operation • Unit 2 - Commercial Operation August 1993 • 17 years of Operation • Squaw Creek Reservoir • Closed for security reasons after September 11, 2001 • Reopened to public for fishing earlier this year

  3. Comanche Peak Units 1 & 2 2

  4. Unit 1 & 2 Operation Overview • Top priority is to maintain nuclear and personnel safety • Excellent results • Ongoing corrective action plan • Focus on management behaviors that maximize solutions • Unique cooperation within industry to share information • Constructive culture led by Servant Leaders • Costs are low – in top 5% of industry

  5. Units 1 & 2 Area Impacts 4

  6. Comanche Peak Oversight • Created by nuclear industry • Helps industry achieve operational excellence • Evaluates & assists • Accredits training • U.S. Regulatory Agency • Develops rules & regulations • Inspects plants Comanche Peak Operations Review Committee Nuclear Committee QA • Committee of Luminant Board • Receives periodic reports of CPNPP performance • Reports to the Board • Required by Technical Specifications • Includes off-site industry experts • Quarterly intensive reviewof performance • Reports to CNO & providesfeedback to the Board

  7. More than 11 Million New Texans by 2040… Texas’ Projected Population Growth Assuming Net Migration Equal to 2000-2040 Millions Source: Texas State Data Center 6

  8. …Means Additional Electric Demand and New Generation Needs Increased Electric Demands MW Source: ERCOT 7

  9. Overview of Proposed Expansion (Units 3 & 4) Proposed Existing • 1700 MW each unit; 3400 MW total • Uses existing Comanche Peak site and infrastructure • Comanche Peak Nuclear Power Company – Joint venture between Luminant and Mitsubishi Heavy Industries • Attractive, emissions-free growth opportunity

  10. Benefits of Potential Expansion 9

  11. Future Economic Benefits of Proposed Expansion (Perryman Group) • $22 billion in Texas Economic Impact: Including increased retail sales, personal income and gross state product. This would be the largest economic development project in state history. • Thousands of New Jobs: In addition to thousands of construction jobs, the new units would create about 1,000 new, on-site jobs. With the economic development multiplier, this is expected to create a total of 6,200 Texas jobs. • Increased State Revenue: State tax revenue is projected to increase by more than $490 million during development and construction –by more than $30 million annually once the plant is operational. 10

  12. Potential Construction of Comanche Peak 3 & 4 (Especially for Engineers)

  13. Project Milestones 12

  14. Nuclear Regulatory Commission Licensing process Federal Loan Guarantee process www.ExpandComanchePeak.com Looking Forward 13

  15. Questions 14

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