2nd Nuclear Energy Finance Forum - Brochure (PDF 527 KB)

CONFERENCE HIGHLIGHTS:? Targeting both corporate andproject investments? Sharing experience from theUS, China and Middle Eastmarkets? Extensive capital analysis focus:Front-end and back-end risks? Extra networking time includinga power networking sessionUniquely focused on investment opportunities in the nuclear marketsnuclear energy2ndfinance forumSPECIAL CONCESSIONSGovernment • Non-profit • Academic See booking form for detailsSAVE £200Book by 10 September 2009www.euromoneyenergy.com/nuclearTime is of the essence as utilities and suppliersnow position themselves on asset biddings andprocurement chains. The global development rush anda diversified regulatory landscape offer ampleopportunities to invest in the new nuclear markets.Companies across the supply chain are activelyseeking financing to scale up their operations, andfinancial sector services are in demand to bring innovationto the traditional risk landscape for nuclear build.The 2nd Nuclear Energy finance Forum returnsto examine the value investors can extract fromengagement in the nuclear markets.Featuring a faculty of over 30 high-level speakers, theevent brings together financiers, energy companies,nuclear business specialists and policy stakeholders. Itprovides analysis and insight on the needs forcommercial financing and the development of nucleargeneration going forward.The demand for large scale generation capacityin a carbon constrained economy has led to asurge of renewed interest in the nuclear sector.28-29 October 2009 I Hilton Tower Bridge, LondonAbout the organisersEuromoney Energy Events (EEE) is a division of EuromoneyInstitutional Investor PLC, the leading provider of financial mediaand research, whose titles include Petroleum Economist, ProjectFinance and Power Finance & Risk magazines. EEE focuses onfinancial forums for the clean energy sectors. With over adecade of experience, we cover renewable energy finance in every major market(including China, Eastern and Western Europe, India, Latin America and the US),as well as the waste, energy efficiency and nuclear sectors.5nuclear energy2ndfinance forumnuclear energy2ndfinance forumInvestment focus: Scope for financing? A special panel will feature the investment perspectiveson the opportunities emerging from the growth in thenuclear energy market.The economics of nuclear in context? The viability of nuclear investments much depends on thelong-term infrastructure investment landscape. In adedicated session the forum will review how theseinvestments will impact on the financing of nuclear power.? Corporate finance executives? Project financiers, fund managers and investors inthe energy sector? Engineering, construction and operation companies? Nuclear waste management and decommissioning professionals? Specialist strategy consultantsCONFERENCE HIGHLIGHTS: WHO ATTENDS THE NUCLEAR ENERGY FINANCE FORUM?UNPARALLELED NETWORKING OPPORTUNITIES Network with 150+ regional and international market professionals during the lunches, breaks and drinks receptionsPLUSA power networking refreshment break with a roving microphone, where delegates can introduce themselves and their business to fellow conference attendees.Supporters:DAY 1: WEDNESDAY 28 OCTOBER 20090800 Registration and coffee0845 Welcome and opening remarksVered Tsedaka, Conference Manager, Euromoney Energy Events0900-1015: Session 1Opening policy keynotes This session debates key policies to enable the development ofnuclear new build with reference to the broader Europeanenergy regulatory framework.0900 The role of nuclear generation within theframework of climate targets? The UK clean power generation incentive structure? What actions are the government taking to ensure a level playing field?Mark Higson, Chief Executive, Office for NuclearDevelopment, Department of Energy and Climate Change0915 Support structures for financing nucleargeneration in key markets ? Review of the recent evolution of the OECD disciplinesto facilitate financing of nuclear build ? What is the role ECAs can take in this market? Jean Le Cocguic, Principal Administrator, Export CreditsDivision, Trade Directorate, Organisation for Economic Co-operation and Development (OECD) 0930 How are responsibilities for new nucleargeneration shared between government and industry?Norman Harrison, Chief Executive, UK Atomic Energy Authority0945 Questions and discussion1015 Networking refreshment break1045-1215: Session 2Investment focus I: Financing nuclear projectsChair: Andrew Steel, Managing Director, Head of EnergyUtilities and Regulation, Fitch RatingsThis session will focus on the business landscape required tofacilitate nuclear project development as utilities positionthemselves towards further investments.1050 Can a competitive market deliver sufficientincentives for nuclear generation?Clare Spottiswoode CBE, Office of the PolicyholderAdvocate and former Director General, Ofgas 1105 The utilities perspectives? Expectations on timelines for new build in the UK? The view on global growth: Which markets are perceived as most attractive, and how is the risk of venturing into these markets assessed?? Where do utilities see investment shortages in the nuclear sector?Humphrey Cadoux-Hudson, Managing Director, Nuclear New Build, EDF Energy Pedro Azagra, Director, Corporate Development,Iberdrola1130 Questions and discussion1215 Networking lunch1345-1515: Session 3Investment focus II: Investment potential through nuclear market growth Chair: Richard Morse, Senior Adviser, Greenhill & CoThe session will feature insight from investors on theopportunities emerging from the growth in nuclear markets. 1350 Applying alternative approaches to traditionalproject finance for new nuclear generation? Experience gained from new build projects in the Middle East David Stearns, Director, Resource and Energy Group, HSBC1405 Demand for corporate lending towards scale-up in the supply chainDr Graham Honeyman, Chief Executive, Sheffield Forgemasters1420 Redistribution of risk and further engagementof the financial sector? Structuring the nuclear power notesJohn Lynch, Head of Power Investment Banking, EMEA, Bank of America Merrill Lynchconference programmetel: +44 (0)20 7779 899921435 Decommissioning efforts as part of an investment framework? The financial structuring of decommissioning efforts in Bulgaria? Applying a wider economic perspective to facilitate clean energy infrastructure investmentsZoltan Kiss, Senior Project Manager, Nuclear SafetyUnit, European Bank of Reconstruction and Development 1450 Questions and discussion1515 Networking refreshment break1545-1700: Session 4The economics of nuclear in context The viability of nuclear generation much depends on the scope ofinfrastructure investments, the context of the alternatives availableand their associated costs.The session will examine the relating trends in development of theUK energy market, and how they are likely to impact the longterm development of new nuclear generation.1550 Long term network development scenarios? Expected outcomes for network development – What are the different scenarios?? Key drivers influencing the form of network developmentStuart Cook, Director of Transmission, Ofgem1600 What infrastructure investments are required toaccommodate new nuclear generation capacity?Gareth Brett, Chief Executive Officer, Highview Power andformer Head of New Nuclear Development, British Energy1610 Review of the Carbon Capture and Storage experience ? How far away is commercial scale CCS?? What is the investment framework within the UK to facilitate CCS development?Dr Jeff Chapman, Chief Executive, The Carbon Captureand Storage Association1620 What role will carbon instruments play in thecost structure of generation?? Carbon as a global commodity? Comparison of support available for low-carbon technologies? Significance of carbon price volatilityDaniel Radov, Associate Director, Nera Consulting1630 Questions and discussion1700 Networking drinks receptionDAY 2: THURSDAY 29 OCTOBER 20090800 Registration and coffee0845 Welcome and opening remarksVered Tsedaka, Conference Manager, Euromoney Energy Events0900-1030: Session 5The global landscape for nuclear new build Chair: Stephen W Kidd, Director of Strategy and Research,World Nuclear Association*The session will cover the political and commercial indicators toassess the scale of growth in the global nuclear markets.It will feature a series of presentations covering the pivotalmarkets emerging in the race towards new installations, anddebate on the sectors that can potentially benefit from this growth.0900 Chairman’s opening remarksPolitical indications supporting nuclear newbuild in leading economies? Review of the regulatory structures in place across major economies committed to nuclear new build? Is the political climate shifting in economies traditionally averse to nuclear generation?? Expectations for political stances going forwardStephen W Kidd, Director of Strategy and Research, World Nuclear Association*0915 Order book catch-up – What are the market signals?? What are the orders outstanding along the supply chain?? What are current terms of supply and requirements for advanced commitment of capital?Chris Gadomski, Head of Nuclear Research, New Energy FinanceMARKET COVERAGE0925 The development of nuclear new build in the US ? Support structures and the potential for project financeBob Percopo, Executive Vice President, Global Marineand Energy, A division of AIU Holdings0935 The development of nuclear new build in China? Growth in the Chinese nuclear market – Targets set, progress achieved and the regulatory framework in place? Strengths of the domestic industry and the requirementsfor international suppliers? Bidding for contractsJohn Polcyn, Vice President and Chief Nuclear Officer,Invensys0945 Are market signals confused with projectdevelopment risk hedging?? What can be viewed as firm indicators that a nuclear market is emerging? Tom Burke, Environmental Policy Advisor, Rio Tinto0955 Questions and discussionw: www.euromoneyenergy.com/nuclear3“The conference had a refreshing focus on pragmatic rather than theoretical implementation of new nuclear capacity.”Alan Thomson, Arup* Awaiting final confirmation 1030-1130: Power networking refreshment breakIn this special networking break a roving microphone will circulate between conference delegates, giving them the opportunity to briefly introduce themselves to fellow conference participants.1130-1545: Session 6Capital analysis focus A great degree of uncertainty on risks and costs surroundsnuclear new build and decommissioning. This double sessionwill examine how industry challenges perceived as investmentrisk are addressed by those at the heart of the nuclear industry.1130-1300: Session 6ANuclear new build Chair: Malcolm Grimston, Associate Fellow, Chatham HouseThis panel will feature the practical experience gained in navigatingthe regulatory and commercial landscape of new nuclear build.1135 Development of the South Texas Nuclear Project? Assessing capital costs and aligning the supply chainSteve Winn, Chief Executive Officer, Nuclear Innovation North America 1145 Factoring in public stakeholder commitment to riskmanagement for nuclear energy developmentsJohn Osborne, Partner, Clifford Chance LLC1155 Supply of reactors across markets? The differences in supplying to the US and Chinese markets, and implied considerations? Managing delivery risk with client timelinesDavid Powell, Head of Customer Relations,Westinghouse UK1205 How are the UK new nuclear hurdles changingover time?? Mapping the timelines for nuclear projects development? The road so far – What issues were mapped in the past and how were they addressed?? Challenges ahead – Financial, regulatory and supply-chain issuesAlastair Scrimgeour, Partner, Corporate Finance andHead of Nuclear Services, Deloitte LLP1215 Questions and discussion1300 Networking lunch1415-1545: Session 6BDecommissioning activitiesThe session will feature a debate on how the informationavailable can help investors assess decommissioning costs,and how they fit within the overall cost structure of anuclear project.1420 How do nuclear insurers viewdecommissioning risks?? Costing decommissioning risks on existing facilities? Managing risks for pre-mature decommissioning in the coming yearsMark Tetley, Managing Director, Nuclear Risk Insurers1435 The policy landscape for decommissioningefforts in the UK? What long term guarantees are provided by government?? How is decommissioning finance structured?? What infrastructure is put in place to facilitate decommissioning towards new nuclear?Rupert Cowen, Partner, Hammonds LLP1450 Nuclear clean-up in the UK – Key drivers andchallenges ? Planning for decommissioning as part of the new build process – forward planning, existing site facilities, challenges, potential costs ? UK decommissioning project example – Timeline, typical lifetime costsJohn Chubb, Managing Director, VT Nuclear Services1505 Questions and discussion1545 Closing drinks and refreshments 4e: energyevents@euromoneyplc.com“Attending the Forum gave an excellent opportunity to gather a good knowledge of the latest industry developmentsthanks to concise presentations and speeches delivered by the key players ” - Tom MC Neyrinck, Electrabel SPONSORSHIP OPPORTUNITIESOur tailored sponsorship options provide the ideal platform toreach forum delegates, both during the event and in pre-eventmarketing. By becoming the sponsor of this dynamic networkingevent, or by branding conference facilities or an individualsession, you can create significant brand awareness and ensureyour exposure to the emerging nuclear markets. For furtherinformation and prices, contact Chris White atcwhite@euromoneyplc.com, tel: +44 (0)20 7779 8917© 2009 Euromoney Energy EventsEuromoney Energy Events reserves the right to change the programme without notice6£400 DISCOUNT£200 DISCOUNTPost: Euromoney Energy Events Ltd Nestor House, Playhouse Yard London EC4V 5EX, UK Four other waysto registerFax: +44 20 7779 8946Telephone: +44 (0)20 7779 8999(quoting brochure ref:)The easiest way to register is online at www.euromoneyenergy.comSUPER EARLY BIRD £999+VAT (by 20 August) - EARLY BIRD £1199+VAT (by 10 September)STANDARD FEE £1,399+VAT (after 10 September)The conference fee includes: Attendance at all conference sessions,conference documentation, lunches, refreshments and power networkingrefreshment breakINFORMATION Please tick appropriate box ? ?? I would like to attend the power networking refreshment break?? Please provide me with the conference sponsorship and exhibition optionsPAYMENTPayment may be made in one of three ways - please tick appropriate box ??? 1. To make a payment by credit card, please visit euromoneyenergy.com.com?? 2. Payment by BANK TRANSFER should be made through Lloyds TSB Bank plc,PO Box 72, Bailey Drive. Gillingham Business Park, Gillingham, Kent, ME8 0LS,£ account number 01083711, sort code: 30-00-02, IBAN number GB23LOYD30000201083711, swift code: LOYDGB2LCTY, all charges to be paid by sender.?? 3. CHEQUES should be drawn on a UK Bank and made payable toEuromoney Energy Events Ltd. Please complete and return this form together with a copy of your bank transfer orcheque, payable in £ to Euromoney Energy Events Ltd, and send by post or fax to:Euromoney Energy Events Ltd, Nestor House, Playhouse Yard, London EC4V 5EX, UKTel: +44 (0)20 7779 8999, Fax: +44 20 7779 8946energyevents@euromoneyplc.com www.euromoneyenergy.comDocumentation only £399 ?? Hard copy ?? Soft copy VAT is charged at the standard rate for the U.K. 15%. Companies operatinginside the EU may be able to claim the VAT back, please check with your localexcise authority.HOTEL BOOKING: Accommodation is available for participants of the NuclearEnergy Finance Forum (NEFF) at the Hilton London Tower Bridge Hotel at thespecial discounted rate of £199 including breakfast, excluding VAT. To bookrooms please contact the reservations department directly on +44 20 30024300, or e-mail them reservations.towerbridge@hilton.com and quote "NEFF09".There are a limited number of rooms so please ensure that you place yourreservation as soon as possible to avoid disappointment. Take note of thecancellation terms upon receipt of your confirmation from the hotel. Email: energyevents@euromoneyplc.com(quoting brochure ref:)CANCELLATIONSConference fee: By completing this registration form, you are agreeing to the terms and conditions whereby you are liable for the full conference fee. All cancellationsmust be received in writing by 28 September2009 for a full refund, less a 10% administration charge. We cannot accept verbal cancellations. Cancellations receivedafter 28 September2009 are liable for the full conference fee. However, substitutions can be sent to attend in your place at no extra charge. Registrations received after28 September2009 are still liable for the full conference fee in case of cancellation. If owing to a force majeure, Euromoney Energy Events is obliged to postpone orcancel the event, Euromoney Energy Events will not be liable for any travel or accommodation expenses incurred by delegates or their organisations. 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