Andritz Ag · VIE:ANDR

Andritz — Investor Day (2011)

40 slides from Andritz's investor day presentation, 2011

  1. Slide 1: ANDRITZ HYDRO Capital Market Days 2011, Austria

    ANDRITZ HYDRO Capital Market Days 2011, Austria

  2. Slide 2: Contents

    Contents Demands ANDRITZ HYDRO of the future and benefits of hydropower Segmentation of the global hydropower market 2 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011, Austria

  3. Slide 3: Power generation from water: Turbine types

    Power generation from water Turbine types  Francis, 1849, James B. Francis, USA  Pelton, 1879, Lester Pelton, USA  Kaplan, 1913, Victor Kaplan, Austria  Bulb, 1970  Straflomatrix, 1995  Tidal current turbine, 2003 3 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011, Austria

  4. Slide 4: Power generation from water: Types of power plants

    Power generation from water Types of power plants High head (150-2,000 m), low flow  Typical turbine type: Pelton, Francis, pump turbine  Storage, pumped storage  Peak power generation, regulation, and balance energy  Example: Kops II, Austria, 3 x 180 MW, 826 m Medium head (15-150 m), medium fl

  5. Slide 5: Power generation from water: Highest operational efficiency

    Power generation from water Highest operational efficiency Installed Full load operating Produced Capacity hours equivalents / Energy Hauseholds Plant Type Example (MW) year (GWh) equivalent * Remarks High Head / Pumped Storage Limberg II, Austria 480 500-1000 - - balancing, no net generation High H

  6. Slide 6: Hydropower: The most cost-efficient renewable energy source

    Hydropower The most cost-efficient renewable energy source Status of renewable energy technologies: characteristics and costs Typical energy costs include investment costs, operation and maintenance costs, are levelized over respective lifetime, and exclude all subsidies and policy incentives. Sourc

  7. Slide 7: Full product offering from water to wire

    ANDRITZ HYDRO Full product offering from water to wire 10 11 99 8 2 66 6 1 Gates 2 Penstocks 5 7 3 Inlet valve 4 Turbine 4 5 Generator 3 6 Automation, control, protection 7 Medium-voltage switchgear 8 Power transformer 1 9 High-voltage switchgear 10 Transmission line 7 ANDRITZ HYDRO – Wolfgang Sempe

  8. Slide 8: Installed turbine capacity and ANDRITZ HYDRO fleet: 310 GW out of 937 GW

    Installed turbine capacity and ANDRITZ HYDRO fleet 310 GW out of 937 GW ANDRITZ HYDRO is either the Original Equipment Manufacturer (OEM) or has refurbished around one-third of worldwide installed water turbine capacity, i.e. 310 GW out of 937 GW. Total 258 GW Total 170 GW 114 GW 44% 69 GW 41% Total

  9. Slide 9: Pumped storage: Installed turbine capacity and ANDRITZ HYDRO fleet

    Pumped storage Installed turbine capacity and ANDRITZ HYDRO fleet  ANDRITZ HYDRO is either the Original Equipment Manufacturer (OEM) or has refurbished 25-30% of worldwide installed turbine capacities of pumped storage plants.  45% of Europe’s pump turbine capacities are related to ANDRITZ HYDRO.

  10. Slide 10: Benefits of hydropower

    Benefits of hydropower The role of hydropower has changed over time ic am Hydro = n dy smart grid player Hydro as wind- and solar- compensator (new boom for pumped storage) Fast controlled ability, Hydro = t ic stabilizing the grid a st Pumped storage Renewable, for long time storage clean energy Co

  11. Slide 11: Contents

    Contents Demands ANDRITZ HYDRO of the future and benefits of hydropower Segmentation of the global hydropower market 11 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011, Austria

  12. Slide 12: Current segmentation of the global hydropower market

    Current segmentation of the global hydropower market: ~ 7.5 bn. EUR business for electromechanical equipment ~ 7.5 bn. EUR New technologies (ocean, matrix, etc.): ~ 0.3 bn. EUR (200-300 MW/a) Pumped storage: ~ 0.7 bn. EUR (4-6 GW/a) Rehabilitation, modernization, upgrade: ~ 1.0 bn. EUR (~ 10 GW/a) S

  13. Slide 13: Large Hydro

    Large Hydro ~ 7.5 bn. EUR New technologies (ocean, matrix, etc.): ~ 0.3 bn. EUR Pumped storage: ~ 0.7 bn. EUR Rehabilitation, modernization, upgrade: ~ 1.0 bn. EUR Small Hydro (< 30 MW): ~ 0.5 bn. EUR Large Hydro (> 30 MW): ~ 5.0 bn. EUR 13 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011,

  14. Slide 14: Large Hydro: The backbone of renewable energies

    Large Hydro The backbone of renewable energies  Large Hydro (units > 30 MW) will remain the dominating segment within the hydropower market in the future  Most of the increase of hydropower occurs in non-OECD countries (Asia, especially in China and India, as well as South America)  Main focus on

  15. Slide 15: Large Hydro: Minimum operational costs – high efficiency

    Large Hydro Minimum operational costs – high efficiency Market drivers  Increasing demand for electricity  Renewable energy mix  Avoidance of import dependency Eurelectric/VGB levelised costs of electricity (at 5% discount rate)  No fuel costs 250  Predictable operating costs (independency of f

  16. Slide 16: Large Hydro References

    Large Hydro References Mica, Canada ► Client: British Columbia Hydro & Power Authority ▼ Guri II, Venezuela Output: 2 x 520 MW Client: EDELCA Head: 169.7 Output: 5 x 770 MW Diameter: 7,300 mm ◄ Rio Madeira, Brazil Client: Energia Sustenável do Brasil Santo Antonio Output: 12 x 75.55 MW Diameter: 7,5

  17. Slide 17: Large Hydro References

    Large Hydro References Boyabat, Turkey Client: DOĞUŞ İNŞAAT VE TİCARET A.Ş. Output: 3 x 176 MW Head: 125.5 m ▲ Ruacana, Namibia Client: NamPower Nam Theun II, Laos ► Output: 240 MW Client: Nam Theun Power Company (NTPC) new Unit 4: 1 x 92 MW Output: 1,070 MW 17 ANDRITZ HYDRO – Wolfgang Semper – Capi

  18. Slide 18: Small Hydro

    Small Hydro ~ 7.5 bn. EUR New technologies (ocean, matrix, etc.): ~ 0.3 bn. EUR Pumped storage: ~ 0.7 bn. EUR Rehabilitation, modernization, upgrade: ~ 1.0 bn. EUR Small Hydro (< 30 MW): ~ 0.5 bn. EUR Large Hydro (> 30 MW): ~ 5.0 bn. EUR 18 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011,

  19. Slide 19: Small Hydro: The share of small units in the grid will continuously grow

    Small Hydro The share of small units in the grid will continuously grow Communities in urban areas  Self supply/energy autarchy Industry  Utilities – for local/regional grid supply  Industry – self supply Decentralized Example Austria  480 MW from plants with generation capacities between 0.1 an

  20. Slide 20: Small Hydro: ANDRITZ HYDRO is the world market leader in Small/Compact Hydro

    Small Hydro: ANDRITZ HYDRO is the world market leader in Small/Compact Hydro  Clean and renewable energy Modular water to wire solutions up to 30 MW per unit  Low environmental impact  Low investment cost  Pre-assembly at workshop  Single source of supply  Modular design  Short installation a

  21. Slide 21: Service and rehab

    Service and rehab ~ 7.5 bn. EUR New technologies (ocean, matrix, etc.): ~ 0.3 bn. EUR Pumped storage: ~ 0.7 bn. EUR Rehabilitation, modernization, upgrade: ~ 1.0 bn. EUR Small Hydro (< 30 MW): ~ 0.5 bn. EUR Large Hydro (> 30 MW): ~ 5.0 bn. EUR ▲ Therapy ▲ Analysis ▲ Diagnosis 21 ANDRITZ HYDRO – Wolf

  22. Slide 22: Service and rehab: Favorable potential for rehabilitation

    Service and rehab Favorable potential for rehabilitation 30% of plants worldwide older than 40 years:  ~ 37% of plants in Europe  ~ 43% of plants in North America Today’s “10 GW rehab rate” is not sufficient to stop aging of existing fleet! Source: Alstom; Platts – UDI 22 ANDRITZ HYDRO – Wolfgang

  23. Slide 23: Service and rehab: Various benefits

    Service and rehab Various benefits Enhanced plant performance and higher rate of return  Increased plant availability, reliability, plant lifetime, and safety  Reduced Operation & Maintenance (O&M) costs; risk of standstills reduced  Reduced environmental impact  Remote control ability Costs  N

  24. Slide 24: Service and rehab: Upgrading with seven month payback period

    Service and rehab ANDRITZ HYDRO upgrading with seven month payback period Project Infiernillo, Mexico, 2006-2010 Customer Comisión Federal de Electricidad (CFE) Scope Modernization and upgrading of four Francis turbines Result Capacity increase by 28%  additional 180 MW in total Payback period 7 mo

  25. Slide 25: Service and rehab: Further references

    Service and rehab Further references Ambuklao, Philippines ▼ Bajina Basta, Serbia Client: National Power Corporation (NPC) Client: Drin So Limske He Bajina Basta (DLBB) Output: 75  105 MW Output: 370  420 MW Kindaruma, Kenya Client: KenGen Output: 40  72 MW Grand Coulee, USA ► Client: Bureau of R

  26. Slide 26: Pumped storage

    Pumped storage Upper pool Motor generator Lower pool Pump turbine ▲ Kops II, Austria 26 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011, Austria

  27. Slide 27: Pumped storage: How to make the energy mix green?

    Pumped storage How to make the energy mix green? Wind and solar power have tremendously increased their roles Example Energinet.dk in the European power generation mix; trend continuously growing Europe has the highest installed capacities for solar and wind: ~ 86 GW installed capacity wind (mainly

  28. Slide 28: Pumped storage: Development in the Alps since 2000

    Pumped storage Development of pumped storage in the Alps since 2000 Selected pumped storage power implemented plants in the Alpine Region planned Germany ▲ Limberg II, Tauernmoos 130 MW Austria Atdorf 1400 MW Kühtai II 200 MW Hintermuhr 75 MW Limberg II 480 MW Kaunertal 220 MW Feldsee 70 MW Limberg

  29. Slide 29: Pumped storage References

    Pumped storage References Bemposta II, Portugal ► Client: Energias de Portugal (EDP) Output: 193 MW Head: 65 m ◄ Hongrin-Leman, Switzerland Client: Forces Motrices Hongrin Léman SA (FMHL) Output: 2 x 118.8 MW Head: 804.7 m 29 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011, Austria

  30. Slide 30: New technologies

    New technologies ~ 7.5 bn. EUR New technologies (ocean, matrix, etc.): ~ 0.3 bn. EUR Pumped storage: ~ 0.7 bn. EUR Rehabilitation, modernization, upgrade: ~ 1.0 bn. EUR Small Hydro (< 30 MW): ~ 0.5 bn. EUR Large Hydro (> 30 MW): ~ 5.0 bn. EUR 30 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days

  31. Slide 31: New technologies: Intensive R&D

    New technologies Intensive R&D . . . Hydromatrix®  Utilization of existing structures or new buildings with very low heads  235 modules since 1987, thereof currently under implementation:  Ashta, Albania: 90 units  Lower St. Anthony Falls, USA: 16 units  Austrian State Prize 2010 for the Chievo

  32. Slide 32: New technologies: tapping the untapped resources

    New technologies . . . for tapping the untapped resources Tidal power plants  Seawater-proof bulb turbines  World’s largest tidal plant in Sihwa, South Korea (10 x 26 MW); commis- sioning in 2011 Tidal stream power plants  Distributed underwater installation on the seabed  HS300 (300 kW) – Hamme

  33. Slide 33: Contents

    Contents Demands ANDRITZ HYDRO of the future and benefits of hydropower Segmentation of the global hydropower market 33 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011, Austria

  34. Slide 34: ANDRITZ HYDRO Prepared for the demands of the future

    ANDRITZ HYDRO Prepared for the demands of the future 34 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011, Austria

  35. Slide 35: ANDRITZ HYDRO Prepared for the demands of the future

    ANDRITZ HYDRO Prepared for the demands of the future Nuclear Thermal (gas, oil, coal, lignite) Industry Households 35 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011, Austria

  36. Slide 36: ANDRITZ HYDRO Prepared for the demands of the future

    ANDRITZ HYDRO Prepared for the demands of the future Storage (smart ready) Nuclear Small hydro Thermal (gas, (smart ready) oil, coal, lignite) Pumped storage (smart ready) Run-of-river Industry (smart ready) Households 36 ANDRITZ HYDRO – Wolfgang Semper – Capital Market Days 2011, Austria

  37. Slide 37: ANDRITZ HYDRO Prepared for the demands of the future

    ANDRITZ HYDRO Prepared for the demands of the future Storage (smart ready) Nuclear Small hydro Thermal (gas, (smart ready) oil, coal, lignite) Pumped storage (smart ready) Tidal Run-of-river Industry (smart ready) Hydromatrix® Tidal streams Large solar Wave energy Households 37 ANDRITZ HYDRO – Wolfg

  38. Slide 38: ANDRITZ HYDRO Prepared for the demands of the future

    ANDRITZ HYDRO Prepared for the demands of the future Compact ocean pump (wind/solar) Storage (smart ready) Nuclear Small hydro Thermal (gas, (smart ready) oil, coal, lignite) Energy island Pumped (pump-wind) storage (smart ready) Tidal Run-of-river Industry (smart ready) Hydromatrix® Small solar Tid

  39. Slide 39: ANDRITZ HYDRO Prepared for the demands of the future

    ANDRITZ HYDRO Prepared for the demands of the future Compact ocean pump (wind/solar) Storage (smart ready) Nuclear Small hydro Thermal (gas, (smart ready) oil, coal, lignite) Energy island Pumped (pump-wind) storage (smart ready) Tidal Run-of-river Industry (smart ready) Hydromatrix® Small solar Tid

  40. Slide 40: Disclaimer

    Disclaimer Certain statements contained in this presentation constitute ‛forward-looking statements.’ These statements, which contain the words ‛believe’, ‛intend’, ‛expect’ and words of similar meaning, reflect management’s beliefs and expectations and are subject to risks and uncertainties that ma

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