TXU Recognized in Power Provider Survey

TXU Corp. recently announced that it has been honored as the leading independent power producer by the 2006 Platts Top 250 Global Energy Companies survey, which recognizes the energy industry's top-performing companies around the world. The Platts Top 250 measured financial performance by examining each company's 2005 assets, revenues, profits and return on invested capital. TXU ranked 44th, up from 158th last year. In addition to ranking the top 250 companies, the Platts survey also distinguishes best performance in nine industry subcategories. TXU led the independent power producers subcategory this year, moving from seventh place in the 2005 rankings.

"Being awarded a ranking in the Platts Top 250 is a great accomplishment in itself," said C. John Wilder, chairman and CEO of TXU Corp. "And being at the top of a subcategory is an even greater achievement. It really speaks to the outstanding performance of TXU's team."

Through application of the TXU Operating System, with its program of lean concepts and continuous improvement, the progress TXU's solid-fuel power generation fleet has made to achieve operational excellence is the best in the industry. TXU's 5,800-megawatt coal-fired generation fleet is consistently producing at an industry-leading capacity factor that is almost 10 percent above the top-decile capacity factor for U.S. coal-fired generation plants. TXU's coal-fired power plants are also on a trajectory to achieve top-performing cost management. Its 2,300-MW Comanche Peak nuclear plant achieved its third-best annual production in 2005 in spite of refueling both units, and its cost performance is trending to top levels.

TXU has also launched its Power the Future of Texas program to ensure a reliable supply of electricity and reduce wholesale power costs by $1.7 billion annually for a state with the nation's highest electricity demand, an expanding economy and a growing population. TXU's plan to invest more than $10 billion will bring nine gigawatts (GW) of new low-cost, efficient power generation to Texas. Without massive new supply, the Electric Reliability Council of Texas warns that reserve margins will be unreliable by 2008. TXU's plan will also mean cleaner air for Texans. The combination of investment in the newest emissions control technology and the largest voluntary emissions reduction program ever will create the nation's cleanest large-scale coal fleet, and independent air modeling analysis has determined that TXU's environmental commitments will improve the state's air quality. TXU is using its TXU Operating System, the large scale of its program, a proprietary standard plant design and existing infrastructure to build its plants faster and more economically than the typical developer.

TXU's power generation expansion program also includes plans to develop three to five GW of power generation in the Eastern U.S. and plans to file license applications for two to six GW of nuclear-fueled generation.

For more information, check out the  Platts Top 250 Global Energy Company Rankings