Enel Chile Sa · BCS:ENELCHILE
Enel Chile Sa — Enel Generación Chile — Investor Day (June 2017)
17 slides from Enel Chile Sa's investor day presentation, Jun 1, 2017
Slide 1: Enel Generación Chile - Analyst Update Meeting 2017
Enel Generación Chile Analyst Update Meeting 2017 Valter Moro Santiago, June 1st , 2017
Slide 2: Generation Assets
Generation Assets Competitive generation mix in the electricity market Thermal Hydro 2,808 MW 3,463 MW 2016 Net generation: 17.6 TWh 18.1 18.3 17.6 51% 65% 65% Tarapacá TV Tarapacá TG Atacama Tal-Tal 49% Los Molles 35% 35% Huasco Rapel Quintero Sauzal San Isidro 2014 2015 2016 Sauzalito San Isidro I
Slide 3: Safety, Environment and Sustainability
Safety, Environment and Sustainability Activities involved in our day-to-day operations Safety Indicators Environment Sustainability NATIVE SPECIES REFORESTATION BOCAMINA OPTIMIZATION AGREEMENT - RALCO 0.12 1.60 1.25 1.40 0.10 -23% 1.20 0.08 0.96 1.00 0.06 0.80 0.04 0.03 0.03 0.60 0.40 ENVIRONMENTAL
Slide 4: Hydrological Context
Hydrological Context Impact of hydrological conditions in the country SIC - Affluent energy Since 2010, each year has 50,000 been among the driest in 45,000 hydrological history 40,000 35,000 30,000 25,000 GWh 20,000 Driest years in 15,000 history 10,000 5,000 0 1960 1961 1962 1963 1964 1965 1966 19
Slide 5: Operational Efficiency - Availability of our power plants
Operational Efficiency Availability of our power plants Hydro CCGT Total Generation Fleet 96.9% 96.2% 95.9% 93.5% 95.5% 95.7% 92.1% 92.3% 91.9% 94.2% 94.4% 84.7% 2014 2015 2016 2017 2018 2019 2014 2015 2016 2017 2018 2019 92.3% 94.8% 94.3% 89.2% 89.4% 91.6% Coal Oil & Gas 2014 2015 2016 2017 2018 20
Slide 6: Operational Efficiency - Continuous improvement
Operational Efficiency Continuous improvement Cash Cost/MW1 (kUS$/MW) Opex1 (MUS$) Maintenance Capex1 (MUS$) -37% -16% -37% 60.3 185.0 129.0 155.4 81.9 37.8 2016 2019 2016 2019 2016 2019 Efficiencies in our operations in accordance with best practices of Enel Group 1 Net of inflation and exchange ra
Slide 7: Flexibility for Antuco's turbines operation
Operational Efficiency Flexibility for Antuco’s turbines operation • Project developed to optimize the use of water at Antuco power plant considering drought scenario and in compliance with irrigation obligations (required flow below technical limits of the units). • Use of air injection to reduce p
Slide 8: CEN Project - Control Room for Hydro Power Plants
Operational Efficiency CEN Project - Control Room for Hydro Power Plants • Project started in 2008 intended to: • Improve coordination and efficient response to service recovery in case of power outages. • Standardize operational systems. • Overview of hydroelectric power plants and electrical syste
Slide 9: San Isidro and Bocamina improvements
Operational Efficiency San Isidro and Bocamina improvements Water Management and Maintenance Strategy Bocamina Competitive Improvement Project Bocamina PP 2016 Bocamina PP 2017 Makeup water San Isidro 1 & 2 Own Wells Blowdown water External Discharge pipes to river External trucks Cooling Towers Ext
Slide 10: Commercial Leadership
Capacidad Innovadora – Portafolio Commercial Leadership Comercial++++++++++++++++++++++++++++++++ Strong portfolio of contracts favors margin stability 22 Negocio de Generación 20 4.3 4.3 4.2 3.4 2.0 18 3.0 2.0 1.6 2.0 16 2.0 0.5 0.4 2.0 14 1.6 5.3 TWh 5.8 5.8 12 2.0 10 0.2 17.6 18.5 17.9 17.5 8 15.
Slide 11: Strategic Plan 2017 - 2019: EBITDA evolution and drivers
Strategic Plan 2017 - 2019 EBITDA evolution and drivers +26% Drivers Normalization of hydrology since Hydrology 2018, favors an increase in hydro production, improving margin Commercial operations of 1,108 Additional Los Cóndores, increasing our 879 capacity production in 600 GWh/year approx. Contra
Slide 12: Strategic Plan 2017 - 2019: Capex
Strategic Plan 2017 - 2019 Capex Maintenance and Business Development Total 2017-2019 349 219 248 264 Mantenimiento Maintenance BD 119 439 158 18 85 101 61 2017 2018 2019 Total investment for the period 2017 – 2019: MM US$ 687: Mantenimiento Maintenance BD • New Capacity: Los Cóndores. • High enviro
Slide 13: Optimization of Bocamina
Optimization of Bocamina Environmental improvement • Thermal Complex with two Coal Units: • 128 MW (U1) • 350 MW (U2). • The following improvements were made: • Advanced technology filters for the water cooling suction system. • Inline air quality monitoring system. • Coverage of coal collection fie
Slide 14: Project under construction: Los Cóndores
Project under construction To support growth of the country Los Cóndores • Run-of-the-river, hydroelectric power plant. • Located in San Clemente, in Maule region, Chile. • 150 MW of installed capacity. • Estimated generation of 600 GWh/year. • 50% progress as of April 2017. 14
Slide 15: Closing Remarks
Closing Remarks Attractive business in Chile Environmental Flexible and improvements Strong Safety as competitive and Operational relationships portfolio of our priority generation Efficiency with contracts fleet communities 15
Slide 16: Thank you
ene Thank you
Slide 17: Disclaimer
DISCLAIMER This presentation does not constitute an offer to sell any securities and is not soliciting an offer to buy any securities in any jurisdiction. This presentation contains certain “forward-looking statements” regarding anticipated financial and operating results and statistics and other fu