Edison International · NYSE:EIX
Edison International — Bernstein Alternative Energy Conference 2008
21 slides from Edison International's conference presentation, Sep 15, 2008
Slide 1: Leading the Way in Electricity
Exhibit 99.1 Leading Bernstein Pedro September J. Pizarro the Alternative 16, Way2008 Executive in Electricity EDISON EnergyVice Conference INTERNATIONAL® SM President September Southern California 16, 2008 Edison
Slide 2: Forward-Looking Statements
Leading Forward-Looking Statements not differ International’s our September purely expectations materially thehistorical, 16, contained Way 2007 2008 from only inStatements Electricity Form 1are in as current EDISON this of forward-looking 10-K the presentation expectations. SM date INTERNATIONAL® a
Slide 3: SCE: Largest Customer Base and Earnings Growth in California
SCE Leading Largest Earnings Customer – California September 13 million 4.8 50,000 SCE Earnings Cost 2008System million earnings inflation new peak electric the square-mile model and and 16, driven connections Way demand residents customer load SCE 2008 utility are forecast inby growth decoupled Ele
Slide 4: SCE's Power Mix and Low-GHG Resources
1 Leading Power Other Natural 7% <1% 100% Low-GHG 50% 45% 51% SCE 2% 5% 16% 12% 6% 21% 15% 20% Renewables Hydroelectric Large Nuclear California US SCE’s 27% 39% 42% Total 2 20072007 Coal generation Mix SCE’s Gas the 3INTERNATIONAL® 2007 116, CEC’sResources Comparison Energy September 3 EDISON Way20
Slide 5: Renewable Energy Procurement and Goals
Leading Biomass 12.5 Wind Solar 2007 ~16% ~1/8 Over Sources: SCE September Billion of Renewable 2007 is 90% Renewable 2010 5% 21% ofcommitted all the Energy 8% SCE’s Small of Renewable US 2020 Geothermal 16, Way kWh 28% US renewable 2008 portfolio Hydro Actual Energy Information Resources solar in 2
Slide 6: Renewable Opportunity and Interconnection Queue Capacity
Leading Opportunity Capacity 100% NEVADA SW Antelope Territory Windhub Vincent Santa Pardee San 25% Renewable Tehachapi SCE’s 1 September Inclusive Service Diego Clarita Geothermal opportunity Mira Sthe 57,800 SARIZONA CALIFORNIA SCE Segments 16, of Resource Energy Palmdale Way 75% for S50% CAISO So
Slide 7: New Transmission Projects 2008-2012
Leading SCE New 2008-2012 CALIFORNIA Territory Windhub Palmdale Antelope Santa Mira Loma Los Palo San Verde DPV2 Tehachapi SCE’s 1 Angeles Diego Total Transmission transmission Devers Clarita Rancho Licensing2 FERC September 2 here. Subject the PetitionsOther Total Reliability transmission Segments
Slide 8: Renewable Delivery System Challenges
Leading Renewable System Capacity Technical: Challenges The September objective Delivery the Schedule Integrating 16, Transmission Way of 2008 SCE’s reliability inCost Electricity 7 EDISON Intermittent transmission and Planning power SM INTERNATIONAL® resources quality planningRegulatory: is to buil
Slide 9: Install Initial Solar Rooftop Program
Leading Install Initial – SCE SCE’s 1 1-2requested $875 Expected First Solar MW 2250 Septemberproposed Solar million Subject MW theaverage Rooftop MW operational Way awarded 16,start-up capital authority to of rooftop inCPUC 2008 thin-film project Program Electricity 8in PV spending September Fontan
Slide 10: Smart Grid Technology and Low Carbon Solutions
Leading Electric Smart Advanced Demand-Side SCE September will Grid Technology the deploy Grid-connected 16, Way Low 2008 advanced inCarbon Electricity 9Solutions EDISON Generation technology Management to SM INTERNATIONAL® Meet Smart that the&Climate delivers Fuel Circuit MixChange required ofEnerg
Slide 11: Appendix
Leading the16, September Appendix Way2008 in Electricity 10 EDISON SMINTERNATIONAL®
Slide 12: California's Eligible Renewable Portfolio Standard Approaches
Leading California’s 20 Eligible Three – Flexible September Wind Increase 33% Biomass Geothermal Hydro Solar Competitive Bilateral Utility-owned percent acceptable RPS renewable the compliance projects 1of negotiations 16, requirement Renewable Way percent customers’ solicitations 2008 renewable les
Slide 13: 2007 RPS Status for California Utilities
Leading 2007 16.0% 8.0% 9.0% 11.8% 14.0% 5.5% 6.0% Glendale SCE SMUD 3.3% Riverside Pasadena Anaheim SDG&E Source: September RPS 8.0% 5.5% 15.8% Municipal the PacifiCorp PG&E Public LADWP Sierra Status 16, Way 2008 Water Utilities for inutilities Water Electricity All 12 Major &EDISON ESPs & Power a
Slide 14: Key Delivery System Challenges
Leading Key Delivery ??FERC ??CPUC System & Frequency ??Adequate ??Evaluating Voltage ??Static Interconnection Schedule ??Leading Permitting ??Concurrent ??Facilitating Clustering Cost SCE September Power Renewables Customer recovery Reliability Control VAR the abandoned Capacity renewable Quality G
Slide 15: SCE Multiple Procurement Programs
Leading SCE 2/3 Multiple – New September All-source ~$7 Renewables Natural Shorter-term ofPower generation billion/year allthe procurement electrons gas 16, Procurement Way power physical contract 2008 power RFO ininpurchased contract Electricity 14 transactions for and initiatives and RFOs EDISON a
Slide 16: Bid Evaluation: Benefit/Cost Ratio
Leading Bid B/C Present Energy Reduction The Direct Based Transmission Debt Proposals Note: September Evaluation value maximum Ratio Equivalence Information on Costs Benefit Value the the are of =in 16, Way the total proposed costs ranked of 2008 production Approach Total increased in–energy provide
Slide 17: Competitively Priced Solicitation Success Factors
Leading Solicitation Competitively Early Demonstrated Thoughtful – SCE Note: September Allows Projects On-peak Federal Provides Helps Site Plan Strong Realistic Demonstrates Gives considers place Information control tosome bidders the financial deliver for subsidies that deliveries on-line priority
Slide 18: SCE Renewable Energy and Clean Energy Leadership
Leading SCE Renewable Energy Demand Edison Electric – Clean September Saved Reduced Nation’s Partnerships Leadership hydrogen SmartConnect™: efficiency Transportation more the response: largest GHG 16, energy: Way than with 2008 power in emissions in EV (2003-2007) Largest 5Clean 16% Ford, Electrici
Slide 19: SmartConnect Meter Installation Timeline and Capital Spending
Leading Meter Annual 2008 2009 2010 2011 2012 Application On Estimated Edison Integrate SCE 1 August SmartConnectTM is $300 $100 $350 $145 Installation leading SmartConnectTM SeptemberCapital Subject the Homes Smart total 4.6 –16, 1.4 3.0 5.3 19, filed Wayreceived the project Spending Appliances tow
Slide 20: SCE Smart Grid Vision and Technology
Leading SCE Composite Power Potential Shandin, Mobile Fault Static Vacuum Compensator Smart September Smart Current VAR Grid outages Distributed the Fault CA problems 16, Poles technology Grid Way Substation Limiter Interrupter 2008 expected Vision incan Generation Electricity 19 be will EDISON in t
Slide 21: Energy Efficiency Overview and Results
Leading Overview 1992 10,000 GWh 4,041 7,090 9,031 2,226 Results During National 7 2 PG&E customers has to 3,863 Alliance American SCE 1 is 9,000 & national 2006 the reduced &Council of Recognition past international Way NSP SCE’S 8,000 National saved 5US in FPL greenhouse years international the Se
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