Exelon Corporation · NASDAQ:EXC
Exelon — Bernstein Alternative Energy Conference 2008
6 slides from Exelon's conference presentation, Sep 16, 2008
Slide 1: A Nuclear Renaissance?
Exhibit 99.1 A Nuclear Renaissance? Tom O’Neill Vice President, New Plant Development Exelon Generation Bernstein Alternative Energy Conference September 16, 2008
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are subject to risks and uncertainties. The factors that could cause actual results to differ materially from these forward-looking statem
Slide 3: It's About the Economics
It’s About the Economics Uncertainties make cost confidence difficult • Vendor estimates remain soft, fluid • Designs not yet complete, some not certified • Engineering/Procurement/Construction contract pricing will include “fixed”, “firm”, and “target” categories • Commercial risk-sharing provision
Slide 4: Time & Action Will Reduce Level of Uncertainty
Time & Action Will Reduce Level of Uncertainty Decision process is a series of decisions, not a single commitment – Decide to file a COLA – Decide to procure long-lead materials – Decide to build • Individual milestones move the process forward in a more manageable, deliberate way A new administrati
Slide 5: Exelon Takes a Long View of New Build
Exelon Takes a Long View of New Build We do not expect to be a first mover Our strategy is to preserve our options • Phased project approach, with off-ramp options Active participation in industry new build initiatives Continue to advocate for sound public policy on energy, including • Adequate fede
Slide 6: From a Long View, New Nuclear Looks Good
From a Long View, New Nuclear Looks Good Despite capital cost, cost of electricity generated by new nuclear can be competitive in nearly any likely scenario • Brattle Group study for State of Connecticut: SCPC w/ IGCC w/ Gas CC Nuclear SCPC CCS IGCC CCS Gas CC w/ CCS Capital Cost 4,038 2,214 4,037 2
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