The spacewalk is scheduled to begin Friday at 7:55 am (1255 GMT) and end 6.5 hours later.
Hoisting a rectangular voltage regulator that would weigh 200 pounds (90 kilograms) on Earth, Peake will have to maneuver more than 200 feet (60 meters) out of the International Space Station airlock to the worksite, the US space agency told reporters yesterday.
"It's about as far at the space station as you can go from the airlock, which certainly raises the pucker factor for the crew," said Paul Dum, lead spacewalk officer, in a briefing with reporters.
NASA isn't exactly sure why the power unit -- one of eight on the ISS -- failed, so they want the astronauts to avoid any danger from potential sparks by doing the work when the space station is doing a night pass.
"We need to protect the crew from the power that would come from the array," said Dum.
The task should only take about 15 minutes.
But the astronauts will have to squeeze into a small area to do their work while wearing bulky space suits and gloves.
"Imagine going out with thick winter gloves on and trying to do anything that takes fine dexterity. That is going to be challenging," said Dum.
He added that the team has practiced on Earth in a buoyancy lab, and using virtual reality equipment.
"From a station perspective, we could live in this state for a while but the reality is if we were to have an additional failure in another channel, we would probably find ourselves a little more strapped," Todd said.
"We think it is probably about time to go get this work behind us."
Peake will be known as EV 2 (extravehicular spacewalker 2) and will be wearing a white spacesuit.
His job is to carry the replacement unit out of the station and over to the work site, and tote the faulty unit back to the airlock.
