Electric Power Development Co., Ltd. · TSE:9513

Electric Power Development — Investor Presentation (2010)

59 slides from Electric Power Development's investor presentation, 2010

  1. Slide 1: J-POWER 2010 Medium-Term Management Plan

    2010 J-POWER (2008 2012 )

  2. Slide 2: J-POWER

    J-POWER z 1,700 W 7 z 2,400km z z (CSR) 2009 … z z 2010 … z z z 2

  3. Slide 3: 3

    3

  4. Slide 4: J-POWER

    2008 2007 2009 2010 1998 J-POWER 2008 2010 J-POWER 4

  5. Slide 5: .

    . 5

  6. Slide 6: COP15

    . • • • • COP15 • • 2020 1990 25% • • • • 6

  7. Slide 7: 1,383MW 2014 600MW 8,561MW

    . 2009 • 2 600MW 2009 7 *1 • 1,383MW 2014 11 8,561MW 8.2% 2010 8,427MW 3 20 16,988MW • CO2 603MW 170MW *1*2 • 3,574MW 1 3 532MW • *1*3 • 4,374MW 7% • 160MW 271MW 15 48MW 1 • SPP 780MW PPA 319MW 16 15MW • 3 • 2 3 *4 z 2009 5 *1 2010 3 *2 7 *3 *4 2009 12

  8. Slide 8: . 2009 p.6 p.7 z z z 2020 25% z z z ¾ (

    . 2009 p.6 p.7 z z z 2020 25% z z z ¾ ( p. ) ¾ ( p. ) 8

  9. Slide 9: z z z

    . z z CO2 z CO2 z z CO2 z z z CO2 z CO2 z z 9

  10. Slide 10: . z •“ ” • z • z

    . z •“ ” • z • z 10

  11. Slide 11: CO2

    . CO2 ) z z z z z z 11

  12. Slide 12: CO2

    . CO2 CO2 12

  13. Slide 13: W Power

    W Power (1) (2) (3) (4) (5) 13

  14. Slide 14: (1,383MW)

    . (1) CO2 ( ) z (1,383MW) z CO2 z MOX ABWR(*) 2009 z 2014 11 z (*) MOX ABWR… ( ) z ( 61km) z 14

  15. Slide 15: USC CO2

    . (2) (USC) CO2 CO2 (IGCC) 2009 8 2013 3 2017 3 CO2 CO2 15

  16. Slide 16: IGCC CCS

    . (2) ‹ 700 - (Advanced USC) ‹ ‹ ‹ CCS CO2 + 1-10% 1500 IGCC IGFC USC) 700 A-USC IGCC CCS USC CO2 38 17% 43 (HHV) 48 51 53 60 (HHV) : 41 (HHV :46 46 48 55 : 36 CO2 13 CO2 25 (HHV + 11% + 13% + 25% 16 CO2

  17. Slide 17: . (3) 2009 z z z z

    . (3) 2009 z z z z 17

  18. Slide 18: IPP

    . (4) 2 • • • IPP • • • / *1 / *1 18 *1 * 2010 2009

  19. Slide 19: i i i

    . i i i i J-POWER 12 i * 2009 12 * : i i Î i (ReACT) i i i 11 Î 19

  20. Slide 20: z CO2 z 2012

    . 5 2010 410 2012 600 z CO2 2010 500 410 z 2012 600 2010 2011 ROA 2009 1.7% 2011 z z z 20

  21. Slide 21: . 2010 20.5 z z 2010 20.5 z

    . 5 2010 20.5 z z 2010 20.5 z 21

  22. Slide 22: . ( ) 2008 2012 2013 3,000 2008~2009 3,400 2,700 2,500 ( 900 )

    . 5 ( ) 2008 2012 2013 2 3,000 2008~2009 3,400 2,700 2,500 ( 900 ) 1,000 22

  23. Slide 23: .

    . 23

  24. Slide 24: J-POWER

    . (1) (2002) (2006) ( ) SOX (2007) (2008) J-POWER (2009) (2010) 24

  25. Slide 25: . (2) z ( ) ( ) z z ( )

    . (2) z ( ) ( ) z z ( ) 25

  26. Slide 26: . (3) 2008 2012 3,000 2,700 2,500 1,000 (*)

    . (3) 2008 2012 3,000 2,700 2,500 1,000 (*) 26

  27. Slide 27: z z z

    . (4) z z z z CDP ( OJT Off-JT ) z z z z 27

  28. Slide 28: JP-Australia J-POWER Generation (Thailand) Co., Ltd. J-POWER USA Development Co., Ltd.

    . (5) JP JP-Australia JP JP J-POWER Generation (Thailand) Co., Ltd. J-POWER USA Development Co., Ltd. 28

  29. Slide 29: J-POWER

    . (6) J-POWER z z z SO NO z z z z z THP z 29

  30. Slide 30: .

    . 30

  31. Slide 31: J-POWER CSR

    . J-POWER (CSR) (*)J-POWER 31

  32. Slide 32: . z z z z

    . z z z z 32

  33. Slide 33: 24.0% 20.4% 19.6% 23.4% 21.0% 28.4% 39.8% 52.8% 44% 60 60 60 60 60

    100 50 0 01 02 03 04 05 06 07 08 09 24.0% 20.4% 19.6% 23.4% 21.0% 28.4% 39.8% 52.8% 44% 60 60 60 60 60 60 70 70 70 (*) 08 09 33

  34. Slide 34: J-POWER CSR

    . J-POWER CSR J-POWER z (*) z J-POWER 2 (*) CSR 34

  35. Slide 35: APPENDIX

    W Power APPENDIX

  36. Slide 36: APPENDIX

    APPENDIX 2007 37 CO2 38 39 CO2 40 41 CO2 42 43

  37. Slide 37: IEA World Energy Outlook 2009

    44 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 81% 1%2% 15% 0% 1% 68% 5% 8% 2% 16% 0% 49% 2% 21% 19% 6%2% 49% 2% 11% 22% 4% 5% 31% 3% 22% 28% 9% 3% 28% 14% 26% 24% 7% 2% 42% 6% 21% 14% 16% 1% 37 IEA World Energy Outlook 2009

  38. Slide 38: CO2

    CO2 CO CO22 33 CO CO22 CO2 2007 2030 2007 2030 32% 35% 30% 34% 38 IEA World Energy Outlook 2009

  39. Slide 39: (GW) kW

    (GW) 100 kW 45% 4000 43% J-POWER 30 3000W 41% 27 3000 2700W 39% 37% 212100W 35% 2000 33% 141400W 31% 1000 29% 27% 600 900 1200 1400 25% 0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2007 2020 2030 2035 Ecofys International Comparison of Fossil Power Efficiency and 39 CO2 Intensity 2009 2009

  40. Slide 40: CO2

    CO2 CO CO22 13 13 2005 2005 CO CO22 266 266 55 CO CO22 CO2 2005 1 BP Mt-CO2 2000 377 377 705 705 1500 180 13 1000 500 180 22 0 BP BP BP BP IEA World Energy Outlook 2007 Ecofys International Comparison of Fossil Power Efficiency and CO2 Intensity 2008 40

  41. Slide 41: • USC /650

    ¾ • USC /650 2020 • A-USC 700 +CCS ¾ IGCC IGFC 2016 • CCS IGFC • 9 ¾CO2 2008 2010 • EAGLE [ ] • ) 2010 2014 • [ ] 2007 2008 • [ ] 41

  42. Slide 42: EAGLE

    CO2 /NEDO 150 / IGFC/ 2001 2009 EAGLE CO2 9 / / 1,700 / 250MW IGCC 2007 2009 /NEDO 1,000Nm3/h CO2 20 t-CO2/ EAGLE 08 11 10 3 IHI / CO2 30MW CO2 30,000 t-CO2/ 2011 2014 / 1,750Nm3/h CO2 10 t-CO2/ 07 4 09 3 42

  43. Slide 43: IGCC

    4 4 IGCC IGCC 4 42012 2012 43

  44. Slide 44: APPENDIX

    W Power APPENDIX

  45. Slide 45: APPENDIX

    APPENDIX 46 47 48 49 50 52 53 54 55 56 57

  46. Slide 46: 1,800 1,500 1,200 2000 2001 2002 2003 2004 5 2006 2007 2008 2009 2010

    1,800 1,500 1,200 900 600 300 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 9 9 9 9 46 * 08 09

  47. Slide 47: 2000 1,669 1,554 1,525 1,450 1500 1,400 1,323 1,300 1000 723 645 605 500

    2000 1,669 1,554 1,525 1,450 1500 1,400 1,323 1,300 1000 772 723 645 605 500 110 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 * * 08 09

  48. Slide 48: 21,084MW

    2010 3 4 4 21,084MW 21,084MW (2010 (2010 33 * (%) 2010 3 (MW) (MW) 67 16,988 16,988 80.6 97.0 IPP PPS 3 352 281 1.3 1.6 15 271 242 1.1 1.4 85 17,610 17,510 83.0 100.0 9 2,770 1,020 4.8 28.5 9 4,390 1,390 6.6 38.9 5 5,944 511 2.4 14.3 3 1,446 653 3.1 18.3 26 14,550 3,574 17.0 100.0 111 32,160 21,084

  49. Slide 49: ABWR MOX

    8.2% 8.2% 2010 2010 33 20 20 2014 2014 11 11 ABWR MOX 9 49

  50. Slide 50: W Power

    W Power (2010 3 ) (2010 3 ) 50

  51. Slide 51: W Power

    W Power (2010 3 (2010 3 ol

  52. Slide 52: (kW) (kW) (kW)

    2010 3 (kW) (kW) 30,600 100% 30,600 2000 24,750 67% 16,583 2001 1,700 100% 1,700 2002 21,000 100% 21,000 2003 15,000 70% 10,500 2004 17,500 81% 14,175 2004 22,000 100% 22,000 2004 12,000 100% 12,000 2005 65,980 100% 65,980 2006 14,850 49% 7,277 2001 4,500 90% 4,050 2003 26,000 80% 20,800 2002 8,500

  53. Slide 53: J-POWER

    4 4 4 4 * J-POWER 53

  54. Slide 54: [EBITDA] 3Q

    2005 2006 2007 2008 2009 3Q 6,219 5,732 5,877 7,049 4,269 [EBITDA] 1 2,364 2,002 1,657 1,717 1,265 1,014 771 507 571 368 679 555 428 395 317 435 351 293 194 223 4,330 4,611 4,663 3,801 3,997 19,646 19,997 20,131 20,054 20,270 14,082 14,215 14,238 14,707 14,688 1,739 1,572 1,362 1,586 1,022 -723 -1,5

  55. Slide 55: E(%) 3Q t)

    2005 2006 2007 2008 2009 3Q 10.9% 9.7% 7.3% 5.6% 7.4% (%) 22.0% 23.1% 23.2% 19.0% 19.7% / 3.3 3.1 3.1 3.9 3.7 E(%) 1 10.6% 7.9% 6.3% 4.6% - (%) 2 3.4% 2.8% 2.1% 2.0% - ( ) 260.76 3 211.14 175.99 121.65 149.02 ( ) 2,598.90 3 2,768.95 2,800.18 2,533.28 2,663.83 1 ROE= / 2 ROA= / 3 18 3 1 1 1.2 2005 20

  56. Slide 56: kWh) 3Q 3Q

    ( kWh) 2005 2006 2007 2008 2009 3Q 62,626 58,672 60,786 57,532 38,969 8,582 10,633 8,287 8,384 6,747 54,044 48,039 52,499 49,147 32,222 1,701 1,657 1,682 1,616 1,095 64,328 60,329 62,469 59,148 40,065 2005 2006 2007 2008 2009 3Q 4,950 4,500 4,572 5,712 3,362 1,268 1,234 1,145 1,109 833 3,682 3,265 3

  57. Slide 57: 2005 2006 2007 2008 2009 3Q 6,219 5,732 5,877 7,049 4,269 5,731 5,237 5,317

    2005 2006 2007 2008 2009 3Q 6,219 5,732 5,877 7,049 4,269 5,731 5,237 5,317 6,483 3,898 487 494 560 565 371 5,204 4,961 5,370 6,478 3,901 4,697 4,444 4,778 5,888 3,503 212 272 377 436 269 1,608 1,498 1,915 2,643 1,301 387 411 304 514 346 314 317 302 332 211 1,315 1,185 1,103 1,101 865 859 758 774 85

  58. Slide 58: Slide 58

  59. Slide 59: Electric Power Development Co., Ltd.

    Electric Power Development Co., Ltd. WWW.JPOWER.CO.JP WWW.JPOWER.CO.JP

Electric Power Development Co., Ltd. (J-POWER) — Investor Presentation (2010) on 6ix