Wärtsilä BrasilPower Plants
“Eficiência Energética: projetos, determinações e investimentos”
Abril / 2013
Jorge Alcaide
19 April 20131 © Wärtsilä
Content
1. Wärtsilä Corporation and main figures
2. Power generation market (world & Brazil energy demand)
3. Future of electricity production - Smart Power Generation
19 April 20132 © Wärtsilä
SERVICES
POWER PLANTS
SHIP POWER
Our business areas
19 April 2013 CORPORATE PRESENTATION 20133 © Wärtsilä
Our personnel
19 April 2013 CORPORATE PRESENTATION 20134 © Wärtsilä
Nearly 19,000 professionals,in 70 countries
Wärtsilä in Brazil
New Niteroi workshop and office to support the offshore (O&G) business
New Niteroi workshop and office to support the offshore (O&G) business
Future Pernambuco workshop to support local PP installations and the shipping market
Future Pernambuco workshop to support local PP installations and the shipping market
Manaus workshop to support local PP installations and to facilitate the training of personnel in Wärtsilä Land & Sea Academy
Manaus workshop to support local PP installations and to facilitate the training of personnel in Wärtsilä Land & Sea Academy
• Wärtsilä Brasil Ltda was founded in 1990• 600 employees today• 29 power plants with installed power of
>2,5 GW
Rio de Janeiro workshop and downtown officesRio de Janeiro workshop and downtown offices
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• (9) TermoCabo, 52,6MW
•(6) Petrolina, 140 MW -HFO
• (5) UTE Bahia, 34MW - HFO
• (20) Santana, 63,7MW - LFO
• (12) Coteminas, 6,4MW (N. Gas)
• (15) Kaiser, 5,2MW – (N. Gas)
•(24) Manaus Energia,164,9MW - HFO
•(29) Termo Norte, 65,2MW - LFO
•(27) Solimões, 4MW - HFO
•(26) Hermasa, 15,8MW -HFO
•(25) Reman, 6,8MW - HFO
• (2)O Globo, 5,4MW (N. Gas)
• (11) Coca Cola, 3,6MW (N. Gas)
•(28) Rio Branco, 10,5MW - HFO
•(23) Gera Manaus 85MWdual Fuel
• (22) Manauara 85MWDual Fuel
•(21) Rio Amazonas 85MW dual Fuel
Brazil installed base, April 2013
• (3) Viana, 176MW -HFO•(4) Linhares, 204MW (N. Gas)
• (17) (18) Geramar I & II, 331MW - HFO
• (10) Suape II, 380MW -HFO
• (13) Borborema 176MW• (14) Maracanaú I, 168 MW -HFO
April 2013
• 29 Power Plants• 2,560 MW installed capacity• 1,800 MW under O &M contract •(1) Itaipú, 15,8MW - LFO
Sistema isolado
Sistema interligado
• (16) Nova 9,3 MW-(N. Gas)
• (7) Itaguassú 12 MW (N. Gas)
• (8) Pernambuco III, 200MW HFO -
•(19) P IV 56MW (N. Gas)
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1) Figures exclude non-recurring restructuring items and selling profits.
Financial highlights
MEUR 2012 2011 2010 2009
Order intake 4 940 4 516 4 005 3 291
Order book at the end of the period 4 492 4 007 3 795 4 491
Net sales 4 725 4 209 4 553 5 260
Operating result1 515 469 487 638
% of net sales1 10.9 11.1 10.7 12.1
Earnings/share, EUR 1.72 1.44 1.96 1.97
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Power Plants
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Electricity consumption
-2,00%
0,00%
2,00%
4,00%
6,00%
8,00%
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
Electricity yearly cons. growth %
GDP yearly growth rate %
0
4.000.000
8.000.000
12.000.000
16.000.000
20.000.000
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
Electricity final consumption
Electricity consumption of industry
Electricity consumption of residential, services,agriculture
Source: Enerdata
Electricity Consumption & GDP GrowthWorld Electricity ConsumptionGWh
Reasons for growth of electricity demand • Electrification (heat pumps, appliances...)• GDP growth• Increasing standard of living
Growth will continue• Recession may stagnate demand growth• GDP growth – divided world!
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Economic growth to drive the increase in installed power
0
500
1 000
1990 1995 2000 2005 2010 2015 2020 2025 2030
National energy demand (TWh / year)
-10
-8
-6
-4
-2
0
2
4
6
8
10
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
GDP Electrical Energy Consumption
Annual change in GDP vs. increase in electrical energy consumption (% p.a.)
2001 Rationing 2008 Financial Crisis
Source: EPE Plano Nacional de Energia 2030 and IBGE; MME
% TWh
The National Energy Agency EPE anticipates the annual energy demand to more than double during 2010 - 2030, from less than 500 TWh to more than 1000 TWh per year
The historically strong correlation between real GDP growth and the annual increase in eletrical energy consumption suggests that the strong demand for power plants is to continue.
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19 April 2013 CORPORATE PRESENTATION 201311 © Wärtsilä19 April 201311 © Wärtsilä
19 April 2013 CORPORATE PRESENTATION 201312 © Wärtsilä19 April 201312 © Wärtsilä
Smart Power Genetarion - Movie
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Cumulative capacity
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
GW
Nuclear Coal Gas Oil Other thermal Hydro Pumped Storage Wind Solar
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• GDP growth, electrification and increasing standard of living drive the growth of electricity demand
• Demand for sustainability and focus on climate change
• Rapid growth of intermittent renewable generation
• Escalating daily, weekly and seasonal demand fluctuation increases the need for flexibility
• Increasing role of gas, especially as a balancing fuel
• Ageing installed capacity drives investments in new technologies
The world needs affordable, clean, flexibleand reliable power.
Market trends and drivers
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16 © Wärtsilä
Coal power plants Load
Wind generation
Gas generation
Plains End power plantsWärtsilä’s flexible generation
PLAINS END POWER PLANT, COLORADO, USA
Type: Grid stabilityEngines: 20 x Wärtsilä 18V34SG
14 x Wärtsilä 20V34SGTotal output: 227 MWFuel: Natural gasInstalled: 2002 and 2008
Remote controlled from Colorado Dispatch Center
Screen shot from Colorado Dispatch Center, Xcel Energy, USA3 May 2008
Estudo de Caso: Smart wind chasing in Colorado, US
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Power generation in Brazil – forecast for future
Smart Power Generation is a new concept which enables an existing power system to operate at maximum efficiency by effectively absorbing current and future system load variations, providing significant savings.
Reliable Sustainable
Affordable
Smart Power
Generation
19 April 201318 © Wärtsilä
ChallengesFirm energy is necessary. New hydro projects are based on run-of-river concept, i.e. without huge reservoirs / wind power will not be able to assure the system reliability / solar will be introduced in the energy matrix.
Balancing offer / demand / price equation is a must. This discussion shall be solved.
Up to 2020 the main hydro plants without huge requisitions about environmental questions shall be under construction or under design, after that it will be difficult to explore the Brazilian hydro potential (located in Amazonas region, where the environmental questions are the key).
NG is going to be a bridge to link today's period t o the future.
Nuclear will be the next target to the government.
1 - The electrical sector expansion will be based on :Conventional electric power generation (means hydro) / Renewable / Thermal power
2 - The energy consumption is going to double from 2 010 to 2030
3 - Natural gas will be available (it is the future of pre-salt exploration and LNG availability)
Jornal Valor Econômico
19 April 201319 © Wärtsilä
Maximum efficiency = Highest energy efficiency, lower emissions, dramatic savingsSmart Power Generation concept system savings have been proven in several power systemsSPG can provide spinning reserve while it is NOT spinning, using no fuel
Smart Power Generation
Smart Power Generation is a new concept which enables an existing power system to operate at its maximum efficiency by most effectively absorbing current and future system load variations, providing dramatic savings.
Wärtsilä is the leader inSmart Power Generation!
AFFORDABLE
SMARTPOWERSYSTEM
RELIABLE SUSTAINABLESMARTPOWER
GENERATION
ENERGYEFFICIENCY
OPERATIONALFLEXIBILITY
FUEL FLEXIBILITY
19 April 201320 © Wärtsilä
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