Norsk Hydro Asa · OSL:NHY
Norsk Hydro Asa — Pareto Securities' Power & Renewable Energy Conference 2023
12 slides from Norsk Hydro Asa's conference presentation, Feb 28, 2023
Slide 1: Long-term industrial approach in a perfect storm
Long-term industrial approach in a perfect storm Arvid Moss, EVP Energy, Norsk Hydro Pareto Securities’ Power & Renewable Energy Conference, 28 February 2023
Slide 2: Back drop: Putin's war in Ukraine is putting the global energy system to test
Back drop: Putin’s war in in Ukraine is putting the global energy system to test Photos: Vladimir Smirnov/POOL/AFP/Getty Images and UNICEF 2
Slide 3: Response: IRA and REPowerEU are fast-forwarding the energy transition
Response: IRA and REPowerEU are fast- forwarding the energy transition Photo: von der Leyen, Twitter
Slide 4: Hydro aims to lead the way decarbonizing the industrial sector
Hydro aims to lead the way decarbonizing the industrial sector 1 Strengthen our position in low-carbon aluminium 2 Diversify and grow in new energy Profitability & Sustainability 4
Slide 5: Our technology roadmap provides energy and materials for the green transition
Our technology roadmap provides energy and materials for the green transition Energy: Renewable power, green hydrogen and batteries, addressing 100% of industrial emissions Renewable power Green hydrogen Batteries Aluminium: Zero-carbon aluminium for the green transition HalZero CCS Recycling and ca
Slide 6: The internal roadmap taking Hydro to net-zero
The internal roadmap taking Hydro to net-zero On track to achieve 30% carbon emissions reduction by 2030 and net-zero by 2050 or earlier GHG emissions – ownership equity Million tonnes CO2e (% of 2018 baseline emissions) 2018 2025 2030 2050 Fuel switch, Renewable power, green or earlier Electrifying
Slide 7: The external perspective: Strong expected demand for renewables and storage
The external perspective: Strong expected demand for renewables and storage/energy carrier solutions towards 2030 Norway and Sweden renewable capacity Cumulative pipeline of green hydrogen European battery demand forecast1) electrolysers proposed by EMEA developers TWh GW GW 210x Solar PV Wind 105.5
Slide 8: Hydro Energy is set up to support Hydro and other industrial companies decarbonize
Hydro Energy is set up to support both Hydro and other industrial companies decarbonize • Approx 3.5 BNOK earnings “platform” (LTM adjusted to normal Energy Operations production and no area price gain) & Energy Markets • In addition, commercial contribution of approx. 400 MNOK average last 3 years
Slide 9: Position and capabilities across entire value chain
Position and capabilities across entire value chain Major renewable energy producer, market player and offtaker In Operation Offtake Aluminium Metal Hydropower in Norway (equity): 9.4 TWh Norwegian smelters: 17 TWh Hydropower in Norway (operator): 13 TWh Wind power in Norway (operator): 0.7 TWh Offt
Slide 10: All renewable technologies are needed to get to net-zero
All renewable technologies are needed to get to net-zero Hydropower Onshore wind and solar Grid capacity Offshore wind Tax system that incentivizes Development of onshore wind and Development of grid capacity. Facilitate rapid scaling of offshore upgrading and further sustainable solar power with mu
Slide 11: Value creation across Hydro's energy space going forward
Value creation across Hydro’s energy space going forward Expanded footprint in the Nordics in terms of 1 power and market operations, projects and sourcing Sourcing and management of power and fuels for 2 Hydro operating assets across geographies Hydro Rein successfully established as separate 3 com
Slide 12: Hydro
Hydro Industries that matter
Norsk Hydro — Pareto Securities' Power & Renewable Energy Conference 2023 on 6ix