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News Releases

Toshiba Ships its First Major Component for Nuclear Energy Project in U.S.

- The Company Ships Condenser to be Used for Vogtle Unit 3 AP1000^TMNuclear Energy Plant of Georgia Power -

1 Dec, 2011

TOKYO - Toshiba Corporation (TOKYO: 6502) today announced the completion and shipping of the condenser for the Vogtle Unit 3 AP1000^TM nuclear energy plant that is being constructed for Georgia Power, a wholly-owned subsidiary of Southern Co. of the U.S. The condenser is the first shipment from Toshiba of a major component for a new generation of nuclear energy plants under construction in the U.S.

The condenser of a nuclear energy plant is a key component that condenses the steam used to drive the turbines and generators back into water. In April 2008, Westinghouse Electric Company, Toshiba's subsidiary, was awarded an engineering, procurement and construction contract to provide two AP1000^TM nuclear energy plants for Southern Co.'s Vogtle Units 3 and 4. The condenser destined for Vogtle Unit 3 was designed by Toshiba and, with the provision of technical and quality control support by Toshiba, manufacturing was consigned to BHI Co., Ltd, a Korean engineering company. Toshiba will supply the condenser for Vogtle Unit 4 as well.

The condenser shipped from BHI's manufacturing plant in Sacheon, Korea on November 14th. It will leave the Port of Masan, about 300km south-east of Seoul in early December, destined for the Port of Savannah, Georgia.

Westinghouse's AP1000^TM is an advanced pressurized water reactor. Four units are currently under construction in China, at Sanmen Units 1 and 2 and Haiyang Units 1 and 2. AP1000^TM received a Final Safety Evaluation Report from the U.S. Nuclear Regulatory Commission (NRC) in August 2011.

Site preparation and limited construction on Vogtle Units 3 and 4 began in 2009. The project received a Final Safety Evaluation Report from the NRC's technical staff for the Combined Construction and Operating License in August 2011. Vogtle unit 3 is scheduled to start operation in 2016 as the first AP1000^TM in the U.S.

Nuclear energy generation is expected to see continuing demand in light of needs for energy independence and environmental conservation. Toshiba is committed to advancing further safety improvements in nuclear energy plants and to making a positive contribution to reviews of international safety evaluations and equipment standards.