Wartsila Oyj Abp · OMXHEX:WRT1V

Wartsila Oyj Abp — Wärtsilä — FT Energy Transition Summit (2019)

9 slides from Wartsila Oyj Abp's conference presentation, Oct 20, 2019

  1. Slide 1: Jan Andersson, Senior Market Development Analyst

    Jan Andersson Senior Market Development Analyst, Wärtsilä Energy Business 1 © Wärtsilä

  2. Slide 2: Market Outlook

    MARKET OUTLOOK Annual gross capacity additions (GW) 2018-2050 700 600 500 400 300 200 100 0 Nuclear Coal Gas Hydro Wind Solar Other renewables Flexible gas Other flexible capacity Source: Bloomberg New Energy Outlook 2019 © Wärtsilä

  3. Slide 3: Renewables Have Reached a Tipping Point Globally

    RENEWABLES HAVE REACHED A TIPPING POINT GLOBALLY UNITED KINGDOM CHINA LCOE ($/MWh, 2018 real) LCOE ($/MWh, 2018 real) 140 180 CCGT 160 120 140 100 120 80 100 Solar PV CCGT 60 80 60 40 COAL Onshore wind 40 Onshore wind 20 20 Solar PV 0 0 2019 2025 2030 2035 2040 2045 2050 2019 2025 2030 2035 2040 204

  4. Slide 4: Daily, Weekly and Seasonal Variations

    WEEKLY OR LONGER DAILY VARIATIONS SEASONAL VARIATIONS DURATION VARIATIONS © Wärtsilä

  5. Slide 5: The Changing Role of Gas

    THE CHANGING ROLE OF GAS CCGT CAPACITY FACTOR (% ) 70% GAS INSTALLED CAPACITY (GW) China 3 000 60% Americas 2 500 50% Europe 2 000 Flexible Gas 40% Global average 1 500 30% 1 000 20% Gas 500 10% 0 0% 2018 2025 2030 2035 2040 2045 2050 2018 2025 2030 2035 2040 2045 2050 FLEXIBLE GAS PLANT CAPACITY FA

  6. Slide 6: 2 x 50 MW Gas Engine Power Plants for Balancing

    2 X 50 MW GAS ENGINE ALLOWS MORE SECURED GRID POWER PLANTS FOR RENEWABLES TO STABILITY AND BALANCING ENTER THE SYSTEM RELIABILITY

  7. Slide 7: Role of Technologies in the Energy Transition

    ROLE OF TECHNOLOGIES IN THE ENERGY TRANSITION UK RES 24% RES 0% RES 20% RES 80% RES 100% Good old days Tipping point Renewables as baseload Final push Renewable Energy Renewables expensive Renewables reach grid parity Renewables become Excess renewable energy seen as compared to fossil fuels with tr

  8. Slide 8: Liddell Coal Plant Replacement in Australia by AGL

    LIDDELL COAL PLANT REPLACEMENT IN AUSTRALIA BY AGL RENEWABLE ENERGY 1600 MW 1000 MW 106 INFLEXIBLE FLEXIBLE 83 GENERATION TRANSITION GENERATION 750 MW VALUE ENERGY STORAGE 250 MW Coal Flexible LEVELIZED COST OF ENERGY, $/MWH © Wärtsilä

  9. Slide 9: Wärtsilä

    re, WARTSILA

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