Report: British Energy Group plc Nuclear Operational Analysis TOC

1 Table of Contents 2
1.1 List of Tables 6
1.2 List of Figures 7
2 Company Snapshot 8
2.1 Key Information 8
2.2 Company Overview 8
2.3 Financial Performance 8
2.4 Industry Outlook - Nuclear 8
3 British Energy Group plc Nuclear Operational Analysis 10
3.1 British Energy Group plc Operable Commercial Reactors 10
4 Reactor Details 12
4.1 Reactor Details, Dungeness B1 12
4.2 Reactor Details, Dungeness B2 14
4.3 Reactor Details, Hartlepool 1 16
4.4 Reactor Details, Hartlepool 2 19
4.5 Reactor Details, Heysham 1-1 21
4.6 Reactor Details, Heysham 1-2 24
4.7 Reactor Details, Heysham 2-1 26
4.8 Reactor Details, Heysham 2-2 29
4.9 Reactor Details, Hinkley Point B1 31
4.10 Reactor Details, Hinkley Point B2 34
4.11 Reactor Details, Hunterston B1 36
4.12 Reactor Details, Hunterston B2 38
4.13 Reactor Details, Sizewell B 40
4.14 Reactor Details, Torness 1 43
4.15 Reactor Details, Torness 2 45
5 Business Description 48
5.1 Business Overview 48
5.2 Major Products and Services 48
5.2.1 Overview 48
6 History 49
7 SWOT Analysis 50
7.1 Overview 50
7.2 British Energy Group plc Strengths 50
7.2.1 Market Leader 50
7.2.2 Minimal carbon emitter 50
7.3 British Energy Group plc Weaknesses 51
7.3.1 Weak Financial Position 51
7.3.2 Lower Output 51
7.4 British Energy Group plc Opportunities 51
7.4.1 Focused investments 51
7.4.2 Increasing use of nuclear energy 51
7.5 British Energy Group plc Threats 51
7.5.1 Increasing price of raw materials 51
7.5.2 Regulations 51
7.5.3 Intense Competition 52
8 Competitors 53
9 Key Employees 54
10 Key Employee Biographies 55
11 Company Statement 56
12 Locations And Subsidiaries 57
12.1 Head Office 57
12.2 Other Locations & Subsidiaries 57
13 Financial Deals Landscape 58
13.1 British Energy Group plc, Deals Volume Summary, 2004 to YTD 2009 58
13.2 British Energy Group plc, Deals Summary By Region, 2004 to YTD 2009 59
13.3 British Energy Group plc, Deals Summary, 2004 to YTD 2009 60
13.4 British Energy Group plc Detailed Deal Summary 61
13.4.1 Rumored Deals 61
13.4.2 Acquisition 62
13.4.3 Equity Offerings 70
13.4.4 Partnerships 71
14 Recent Developments 72
14.1 New Contracts 72
14.1.1 Dec 30, 2008: RWE npower Signs Agreement With National Grid To Connect Three Nuclear Plants To Country' s Network 72
14.1.2 Jul 17, 2008: AMEC Receives Contract From British Energy For Nuclear Power Plant Services 72
14.1.3 Jun 20, 2007: AMCO Gets Contract From British Energy 73
14.2 Operations Updates 73
14.2.1 Jan 06, 2009: British Energy Restarts 610 MW Hinkley Point B7 Nuclear Power Reactor 73
14.2.2 Jan 05, 2009: British Energy Plans To Restart Four Nuclear Power Reactors 73
14.2.3 Nov 18, 2008: British Energy Expects Its Five Reactors To Be Back by The End Of 2008 73
14.2.4 Nov 11, 2008: British Energy' s B2 Turbine At Sizewell Nuclear Power Plant Back On Line 73
14.2.5 Nov 10, 2008: British Energy' s B2 Turbine Becomes Offline At Sizewell Nuclear Power Plant 74
14.2.6 Aug 29, 2008: British Energy Updates On Hunterston B Nuclear Power Station 74
14.2.7 Jul 09, 2008: British Energy Updates On Q1 2008/09 Output 75
14.2.8 Apr 10, 2008: British Energy Updates On 2007/08 Nuclear Output 75
14.2.9 Dec 11, 2007: British Energy Extends Lifetime Of Hunterston B Nuclear Power Station 75
14.2.10 Dec 11, 2007: British Energy Extends Lifetime Of Hinkley Point B Nuclear Power Station 76
14.3 Financial Announcements 76
14.3.1 Aug 13, 2008: British Energy Reports 1Q Fiscal 2009 Results 76
14.3.2 May 28, 2008: British Energy Declares Final Dividend 78
14.3.3 May 28, 2008: British Energy Reports Fiscal 2008 Preliminary Results 78
14.3.4 Feb 13, 2008: British Energy Declares Q3 Fiscal 2008 Results 80
14.3.5 Nov 13, 2007: British Energy Declares H1 Fiscal 2008 Results 81
14.3.6 Aug 16, 2007: British Energy Reports Q1 Fiscal 2008 Results 82
14.3.7 Jun 20, 2007: British Energy Reports Fiscal 2007 Results 84
14.3.8 Feb 13, 2007: British Energy Reports Nine Months Fiscal 2007 Results 85
14.4 Strategy and Business Planning 87
14.4.1 May 13, 2008: AMEC Signs Agreement With British Energy To Provide Support For Its Nuclear Fleet Stations 87
14.4.2 May 01, 2008: British Energy Signs Technical Support Alliance For Its Nuclear Fleet Stations 87
14.5 Other Significant Developments 88
14.5.1 Dec 07, 2008: EDF To Invest GBP22 Billion To Build Four Nuclear Plants In UK 88
14.5.2 May 01, 2008: British Energy Announces Name Change 89
14.5.3 Apr 21, 2008: Lewis Wind' s Proposal To Build Wind Farm Rejected By Scottish Government 89
14.5.4 Feb 14, 2008: British Energy To Invest GBP5.5 Billion For Creating New Company To Build Nuclear Power Plants 89
14.5.5 Aug 30, 2007: British Energy Appoints Non-Executive Director 89
15 Appendix 91
15.1 Methodology 91
15.2 About Global Markets Direct 91
15.3 Contact Us 91
15.4 Disclaimer 91

1.1 List of Tables
Table 1: British Energy Group plc,Key Facts 8
Table 2: Operable Commercial Reactors 11
Table 3: Reactor Details, Dungeness B1 12
Table 4: Reactor Details, Dungeness B2 14
Table 5: Reactor Details, Hartlepool 1 16
Table 6: Reactor Details, Hartlepool 2 19
Table 7: Reactor Details, Heysham 1-1 21
Table 8: Reactor Details, Heysham 1-2 24
Table 9: Reactor Details, Heysham 2-1 26
Table 10: Reactor Details, Heysham 2-2 29
Table 11: Reactor Details, Hinkley Point B1 31
Table 12: Reactor Details, Hinkley Point B2 34
Table 13: Reactor Details, Hunterston B1 36
Table 14: Reactor Details, Hunterston B2 38
Table 15: Reactor Details, Sizewell B 40
Table 16: Reactor Details, Torness 1 43
Table 17: Reactor Details, Torness 2 45
Table 18: British Energy Group plc, SWOT Analysis 50
Table 19: British Energy Group plc, Key Employees, 54
Table 20: British Energy Group plc, Other Locations 57
Table 21: British Energy Group plc, Deals Summary, 2004 to YTD 2009 58
Table 22: British Energy Group plc, Deals Summary by Region, 2004 to YTD 2009 59
Table 23: British Energy Group plc, Deals Summary, 2004 to YTD 2009 60
Table 24: Iberdrola To Form A Joint Venture With British Energy 61
Table 25: Electricite de France Completes Acquisition Of British Energy 62
Table 26: Government of U.K. Sells 28% Stake In British Energy Group 64
Table 27: FPL Energy Acquires 50% Interest In AmerGen Energy Company 65
Table 28: Exelon Acquires An Additional Interest In AmerGen Energy Company From British Energy Group 66
Table 29: Bruce Power Acquires 3.4% Interest In General Hydrogen 67
Table 30: British Energy Sells 82.4% Stake In Bruce Power For $437.22 Million 68
Table 31: Cameco Acquires 15% Interest In Bruce Power From British Energy Group 69
Table 32: British Energy Group Completes Private Placement For $89.68 Million 70
Table 33: Amec And British Energy Forms Joint Venture 71

1.2 List of Figures
Figure 1: British Energy Group plc Capacity Distribution 10
Figure 2: British Energy Group plc, Deals Volume Summary, 2004 to YTD 2009 58
Figure 3: British Energy Group plc, Deals Summary by Region, 2004 to YTD 2009 59