ONE SOURCE

ONE PURPOSE

MANY SOLUTIONS

Riley Power Inc.

BPI Corporate Presentation Republic of Korea January 14-18, 2013

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Origins of Babcock Power Inc.

1891-1898 1913 1990-1995 1996-2000 1997 1999 2001 2002 2002 2002 Deutsche Babcock formed by B&W Riley was founded Deutsche Babcock acquires Riley and consolidates Borsig, BalkeDuerr, Steinmuller, Noell, and Vogt-NEM Deutsche Babcock renamed Babcock Borsig Thermal Engineering International formed to buy Senior Engineering - includes SWECO, BTA, Senior Australia and Greens Economizers TEi merges with Balcke-Duerr to form BDT Engineering Heat Exchanger - group retains TEi name. BDT is absorbed into Babcock Borsig Babcock Borsig files for insolvency The management of Babcock Borsigs USA based assets and a passive investor group (Hudson Investors) acquires Riley, TEi and Vogt-NEM November 29, 2002 Babcock Power Inc. is established

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Our History of Strength

A long history of providing superior technology
Struthers Wells founded in 1851 Henry Vogt Machine Co. founded in 1880 Riley founded in 1913 Thermal Engineering founded in 1916 Boiler Tube Company of America founded in 1918

Babcock Power Today

Acquired substantially all U.S. assets of Babcock Borsig Privately held Diverse products and services for power market Market leader in environmental solutions Experience with large capital projects

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Acquisitions and Partnerships

Nov. 2003
TEi acquired the assets of Engineers and Fabricators Co. (EFCO)

May 2005
TEi acquired the intellectual property assets of Struthers Industries

Oct. 2005
BPS acquired the intellectual property and assets of Cladding Technology

Aug. 2007
Exclusive License Agreement for Riley Powers Subcritical Coal-fired Technology with Cethar Limited in India

April 2008
Agreement with ThermoEnergy to develop Advanced Carbon Capture

Sep. 2009
BPS acquired assets of Welding Technologies Inc.

Jan. 2010
License Agreement with Siemens for Benson Supercritical technology Riley Power in turn sub-licensed Cethar
2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Extensive In-House Technology and Expertise

Products and services built on hundreds of years of engineering experience for:

Coal fired power plants Nuclear power plants Gas and Oil fired plants CSP Plants Environmental systems Waste-to-Energy systems Biomass Solar

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Experience the Full Spectrum

Traditional Utilities Nuclear Power

Combined Cycle Renewable Energy

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Products

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Located Throughout the U.S.

VPI - Louisville TEi - Los Angeles BPS / BPE Worcester

Sapulpa

Lyman

Joplin

Feedwater heaters Condensers HRSGs

Pressure parts Weld Overlay Tube stock

Feedwater heaters Machining center MSRs

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

ONE SOURCE

ONE PURPOSE

MANY SOLUTIONS

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

Replacement Parts Projects Field Services Engineering Services

Pressure Part Manufacturing

New Units Utility boilers WTE Systems Industrial Boilers Solar Steam

Replacement in-kind

Weld overlay services Accessories Tube Inventory

New Units Repair / Rehab Outage Services Maintenance Agreements

Generators Manufacturing Engineering

Weld Overlay Orbital Welding & Machining

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

 2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

 2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

 2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

 2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

Full Service Provider
Steam Generation Systems
Utility boilers WTE Systems Industrial boilers Solar steam generators

Replacement Components
Low NOx burners Pulverizers, mills Pressure parts

Aftermarket Services
2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Boiler Performance
Boiler Design Systems
Boiler Design Features for specific fuels fired Heat Transfer Modeling (new and After-market) Boiler Circulation Fluid Flow / Steam and Water (pressure loss, distribution) Boiler Tube Metals Design (ASME) Steam Temperature Control Methods Boiler Efficiency Calculations (ASME) Combustion Calculations

Boiler Auxiliary Equipment specifications

Fans Sootblowers Dampers

Performance Modifications
Upgrades Fuel Changes Efficiency Improvements Emissions Studies

Air and Gas Flows Fouling and Slagging Analysis Boiler Performance Testing ASME PTC 4 or 4.1 Data Evaluation Testing Procedures

Tube Failure Problem Analysis Presentations and Report Writing

Superheater
2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Mechanical Design Graphics

Graphics Software
Design and Detailing Pro/Engineer Wildfire 4, 3D AutoCAD 2010, 2D AutoCAD 2010 Engineer To Order (Design Automation and programmed tasks) Pro/TOOLKIT, Smart Assembly, AutoLISP, JAVA, Visual Basic, MS Excel 3D Review Navisworks Dynamic Graphics and Animations Dassault 3DVIA, Pro/Photorender Data Storage Windchill, DCAP

3D CAD Assembly Driven by the Layout Values

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Fuel Equipment Design

Combustion System Design Pulverizer System Design CFD Modeling Field Testing / Emissions Control Fuels Technology
VS III Burner

Burner CFD

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Pulverizer Engineering

Pulverizer Process / System & Equipment Design Drying / size reduction / pulverization Pneumatic transport / two component flow Classification Mechanical design Materials for Erosion / Wear

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Stress/Structural Steel

Thermo-Mechanical Finite Element Analyses (FEA) Natural Frequency and Vibration FEA Duct, SCR, DFGD engineering ASME Section I BPVC Code engineering ASME Piping analyses (B31.1) ASME Fitness for Service engineering AISC Structural steel engineering and graphics

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Code Committee Affiliations

Importance of Code Committee Affiliations

Direct access to Code committee members Quick code interpretations and questions Quickly aware of all code updates and changes

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Code Committee Representation

ASME, Boiler and Pressure Vessel Code
Section I, Power Boilers Section I, Solar Boilers Section I, Materials Section I, Design Section IX, Welding B31.1 Power Piping
J. Hunter / M. Lewis J. Hunter, Chairman J. Hunter, Secretary / S. Knowles M. Lewis G. Chandler

B. Holbrook / M. Barcelona

ASME, Board on Performance Test Codes

PTC 4, Fired Steam Generators PTC 4.2, Coal Pulverizers PTC 48, Overall Plant Performance PTC 52, Concentrating Solar Power Plants B. Vitalis J. Bianca B. Vitals C. Gillum

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Fuels Experience
Coal
Lignite, Subbituminous, Bituminous, Anthracite

Oil
#2 - #6 Crude

Gas
Natural Gas, Process Gases, Waste Gases

Refuse
Municipal Solid Waste, Refuse Derived Fuel

Petroleum Coke
Fluid, Delayed

Biomass
Wood waste, Wood Chips, Wood Sawdust, Wood Bark, Bagasse, Sunflower Seed Hulls, Coffee Grounds, Furfural, Paper Waste

Solar

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Experience

Stoker and Pulverized Coal Industrial Boilers

Steam Flow Stoker Coal 75,000500,000 Lbs/hr 100,000750,000 Lbs/hr Temp 650-950 F Pressure 400-1200 psi

Pulverized Coal

650-1005F

650-1650 psi

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Experience

Biomass Boiler Industrial

(wood, wood waste, bagasse, coffee grounds, etc.)

Stoker Combustion

Steam Flow 100,000 500,000 Lbs/hr

Temp 650-955F

Pressure 650-1600 psi

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Experience
Municipal Solid Waste (MSW) and Refuse Derived Fuel (RDF)
Stoker Combustion Steam Flow 100-1000 Tons/day Temp 650-825 F Pressure 650-750 psi

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Experience

Waste Gases (Industrial)

Refinery Gases, CO Gas Steam Flow 100,000500,000 Lbs/hr Pressure 700-1500 psi

Temp 750-900F

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Experience

Utility Boilers (subcritical, natural circulation)

Steam Flow Pulverized Coal, Oil, Natural Gas 750,0004,500,000 Lbs/hr Temp 1005/1005 F Pressure 2000-2800 psi

Also: After market design upgrade on sub-critical utility boilers up to 6,000,000 lbs/hr (900MW)

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Experience
Utility Boiler Supercritical Boiler Technology
After Market In-kind and Upgraded Pressure Part Replacement (B&W, CE, FW, Riley)
Temp After market pressure parts supply (Furnace Walls, SH, RH and Economizer) 400-1300 MW 1050/1050 F Pressure 3800-4500 psi

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Typical 200 300 MW Boiler Design

SH Flow 2,500,000 Lb/hr SH Pressure 2,604 psig SH Temp 1055F RH Flow 1,313,000 Lb/hr RH Pressure 535 psig RH Temp 1055F Excess Air 20% Coal Firing

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Plan View

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Rear View

Front View

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Furnace Design
Furnace exit gas temperature Furnace Dimensions Depth Width Height Retention Times
Top Burners to SH tip OFA to SH tip

2400F 42-3 40-3 158-3

1.6 Sec. 1.2 Sec. 26 ft (4 Mills in Service) 32 ft

Furnace Depth Vs. Flame Length

Flame Length (Maximum) (3 Mills in Service)

Furnace Area Heat Release Furnace Volume Heat Release Plan Area Heat Release

58,850 Btu/hr/sq. ft 10,265 Btu/hr/cu. Ft 1.27 x 106 Btu/hr/sq ft

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Boiler Design Features for Slagging Coal

Increased spacing in the convection section The use of the Radiant Superheater church window design SH panel overlap the furnace exit arch to reduce hot spots and flue gas stratification In-line bare tube economizer Large furnace for increased absorption and lower furnace exit gas temperature (FEGT) Increased sootblower coverage

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Boiler Design Features

Sliding Pressure Operation

Ribbed tubing in the furnace Large steam drum during swelling conditions Multiple superheater spray locations Additional steam mixing headers and crossover pipes Split superheater/reheater convective pass Upgraded tube, header and piping material Increased SH/RH spray flow capacity

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Mechanical Design Features for Sliding Pressure

Upgraded boiler metallurgy (tube, header and piping) for higher oxidation limits and thinner wall The furnace SH pendants use less welded tube attachments and use steam cooled alignment systems and church key designs High temperature seal box design with thermal sleeves for improved flexibility Economizer inlet header designed per EPRI recommendations HTSH & HTRH header tube connector welds ground smooth Use of block forgings for tee, wye and lateral connections rather than fabricated nozzle connections Manufacturing QC programs exceed typical ASME NDE requirements Shop provided safe-end all dissimilar welds Improved flexibility
Linked buckstay design Roof and wall connection to headers Downcomer and piping Windbox connections

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Solar Boiler
Ivanpah Steam Generator
Three steam generators
Steam Generator

845,000 lbs/hr steam 2,480 psig steam pressure 1013 F superheat temperature 905 F reheat temperature Forced circulation Solar field contains approximately 56,000 heliostats Heliostat field approximately 1.2 x 1.2 miles Air cooled condenser
2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Support Structure

37

Solar Boiler

Steam drum and internal piping Superheater

Evaporator

Reheater

Forced recirculation pumps

Steam Generator
2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

38

Solar Boiler
Ivanpah, September 2012
Solar mirror fields Steam generator and structure

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

39

Constructability
Constructability has a direct input into the final mechanical design.
Component size for access Location of field welds Type of field welds (safe-end requirements) Modulization Design Flexibility Component weight for lifting Construction sequence

Construction plan mutually developed by the Plant, constructor and pressure part manufacturer.

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Courtesy AEP Cardinal

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Courtesy AEP Cardinal

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

BPI Pressure Parts
Solutions for ALL boilers
Majority of pressure parts can be replaced in-kind or as built Option to upgrade existing components with Riley designs Our engineering, design and sales teams bring decades if experience with multiple OEMs Extensive inventory of parts in multiple locations

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

ATRITA Pulverizers

MPS Pulverizers Ball Tube Mills

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

Riley Power Parts
Riley Power OEM Parts Tangentially Fired Burner Parts MPS Pulverizer Parts EL Mill Pulverizer Parts CE/Alstom Pulverizer Parts Gearbox Rebuilds/Gearing
2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

CE/Alstom Rebuild Program
Cladding Technology
Patented process apply tungsten carbide to pulverizer wear parts
RB/RP/RPS/HP Mills

Compared to OEM rolls and other overlay processes, more than doubles wear life

Roll Wheel assembly re-builds Journal assembly re-builds Replacement worm gears
RS/RP/RPS
2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

Low NOx Burner Technology
Burners for Any OEMs Installation Rileys CCV (Controlled Combustion Venturi)
Coal types lignite, sub bit., PRB, bituminous, pet. coke blends Wall, corner and TURBO Furnace Unit capacities up to 1,300 MWs

Oil & Gas - wall fired

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

Low NOx Burner Technology The Next Generation

Rileys VSIII
Lowest level of NOx control Mitigates waterwall flame impingement On-line flame length adjustment Scanner/igniter compatibility Tertiary Air vane control

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

BTA Lyman Operations
Located in South Carolina, USA 20 Acre Site 150, 000 sq ft under roof Three Bays Five Tube Benders 50,000 sq ft Tube Warehouse

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

BTA Products
Superheaters Reheaters Wall panels Economizers Headers Loose tubes Imtec doors Tubular products Port Punchers Laminar Flow Dampers Weld Overlay Re-design service Erosion/Corrosion protection

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

Plant Installation, Repair and Maintenance
Boilers HRSGs Pollution control equipment Piping Condensers Feedwater heaters Provides open-shop direct hire construction services to the utility and industrial market for the new installation, repair, and maintenance of boilers and related equipment

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Services

Specialty Welding
Comprised of Two Specialty Welding Departments: Automated Mig Overlay & Orbital Machine Welding

Power Generation
Boiler Overlay/Buildup Boiler Tube Butt Welding Waterwall Auto/Manual GTAW CrMo and P91 High Energy Pipe Welding

Petrochemical
Cokers, Towers and Reactors Weld Overlay/Buildup of Vessels Auto GTAW Pipe Welding ID Nozzle Overlay Piping and Vessel Overlay Turnkey Services Clad Plate for Fabrication

Pulp & Paper

Batch Digester Overlay/Buildup Continuous Digester Overlay/Buildup Digester Scaffold Power & Recovery Boiler Repair

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved

Babcock Power Inc.

Like Nowhere Else
One Source, Multiple Fuels and Products
Coal, biomass, solar and WTE boilers, steam generators, fuel handling and firing systems, repair, replace and construct

OEM Testament
Percentage of Babcock Power equipment and services installed and executed on other OEMs equipment grows year after year

Innovation
Continually striving to improve and create products to meet our customers requirements on time and within budget

2013 Information contained herein is proprietary and confidential to Babcock Power Inc. All Rights Reserved