Wartsila Oyj Abp · OMXHEX:WRT1V

Wartsila Oyj Abp — Wärtsilä — Investor Day (March 2012)

18 slides from Wartsila Oyj Abp's investor day presentation, Mar 29, 2012

  1. Slide 1: Growing with Gas

    GROWING WITH GAS VESA RIIHIMÄKI Group Vice President, Power Plants 1 © Wärtsilä 29 March 2012 VESA RIIHIMÄKI

  2. Slide 2: Long term outlook: Coal and oil losing share

    Long term outlook: Coal and oil loosing share 2008 Wind 2030 CSP Solar PV 3% 5% 1% Biomass & waste 1% Wind Coal Coal 12% 25% 33% Hydro Biomass & 20% waste +742GW 3% 4712 GW 7800 GW Oil Nuclear 3% 8% Hydro +670GW 19% Oil +210GW 9% Gas Gas Nuclear 24% 26% 8% 1) In the next 20 years we will build as ma

  3. Slide 3: Energy policy: Renewables and gas are widely supported

    Energy policy: Renewables and gas are widely supported 881 GW 1 252 GW 416 GW 1 186 GW 201 GW 132 GW 237 GW 412 GW 3 © Wärtsilä 29 March 2012 VESA RIIHIMÄKI

  4. Slide 4: Electricity consumption returns to growth

    Electricity consumption returns to growth Electricity consumption growth vs. GDP growth GWh World electricity consumption 1990-2010 1990-2010 20,000,000 8.00 % Electricity yearly cons. growth % GDP yearly growth rate % 16,000,000 6.00 % 12,000,000 4.00 % 8,000,000 2.00 % 4,000,000 0 0.00 % Electrici

  5. Slide 5: Liquid fuel prices continue to increase

    Liquid fuel prices continue to increase 120 LIQUID FUELS 120 NATURAL GAS 100 100 80 80 EUR / MWh EUR / MWh 60 60 40 40 20 20 0 0 Jan Jan Jan Jan Jan Jan Jan Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Oct Apr Oct Apr Oct Apr Oct Apr Oct Apr

  6. Slide 6: Gas generation market is growing

    Gas generation market is growing • 2011 was a significant step up in new GW CCGT and SCGT orders 2002-2011 gas plant orders 120 CCGT • Q4/2011 represented more than 35% of the SCGT annual orders 100 • Top 5 countries ordering gas ̶ China 18.6GW (98% CCGT’s, 2010 5GW) 80 ̶ Saudi Arabia 9.8GW (70% CCG

  7. Slide 7: Gas plant sizes are growing

    Gas plant sizes are growing • Plants >500MW represent more than 50% CCGT and SC orders 2002-2011 GW Plant sizes of the market 120 ̶ Typical projects >500 MW • China CCGT 0.4-2.5GW size 300-500 • Saudi-Arabia IWPP (Integrated Water and Power 100 200-300 Project) 1GW size range, rigid baseload solutio

  8. Slide 8: Steep growth in installed wind power capacity

    Steep growth in installed wind power capacity • 40.7 GW of wind capacity added during 2011 Cumulative installed wind capacity 2000-2011 • Capacity added 2011: EU-27: 9.3 GW 250.0 USA: 6.6 GW 238 GW China: 18 GW Rest of the world: 6.8GW 200.0 • World total wind capacity growing by approximately 20-30

  9. Slide 9: Dramatic increase in installed solar power capacity

    Dramatic increase in installed solar power capacity • 28 GW of Solar PV capacity added during 2011 Cumulative installed solar PV capacity 2000–2011 • Capacity added 2011: EU-27: 17.9 GW 80.0 USA: 1.7 GW China: 2.0 GW Rest of the world: 6.2 GW 67 GW • World total PV capacity currently growing by appr

  10. Slide 10: Opportunities in customer segments

    Opportunities in customer segments • Utilities – Utilities in emerging countries continue to pursue power generation projects – Political pressure continues to push for investments in renewable energy – The renewable integration issues have been recognised but market mechanisms are still largely mis

  11. Slide 11: Smart Power Generation – Efficiency and flexibility

    Smart Power Generation – Efficiency and flexibility 1) All in One! A unique combination of valuable features! Energy Efficiency Smart Power Generation Fuel Operational Flexibility Flexibility 2) The missing piece of the low carbon power system puzzle! Affordable Smart Power System Reliable Sustainab

  12. Slide 12: SPG supports customer business models

    SPG supports customer business models ENERGY CAPACITY • DYNAMIC CAPACITY • ENERGY • Baseload energy • Reliability services – Long-term supply agreement (ppa) – Operation in connection with electricity – Maximum turnover is reached at exchange (market) maximum running hours – Revenue is maximised by

  13. Slide 13: Every day is a new day... Flexibility is the key

    Every day is a new day... Flexibility is the key Decisions for the market participation are made on daily basis Load curve, future -­‐ high wind Load curve, future -­‐ low wind Load curve, future -­‐ average wind Solar Wind Solar Wind Wind curtailment Flexible capacity Solar Wind Wind curtailment Fl

  14. Slide 14: Example: 1 day cycle in the electricity market = 3 markets

    Example: 1 day cycle in the electricity market = 3 markets Buy Sell Day ahead market Intraday market Balancing bidding (regulating) market Competitive auction Competitive Agreed and bidding of next continuous bidding committed capacity day’s supply against in 1 hour intervals reserves for next day’s

  15. Slide 15: All in one solution: Wärtsilä Flexicycle

    All in one solution: Wärtsilä Flexicycle™ Wärtsilä Flexicycle plants combine energy efficiency, operational flexibility and fuel flexibility 1. Heat Recovery Steam Generator (HRSG) 2. Feed Water Tank 3. Steam Turbine 4. Condenser 5. Condensate preheater 6. Auxiliary Boiler 7. Cooling Tower 15 © Wärt

  16. Slide 16: Case: Haina & Barrick, 430MW Flexicycle

    Case: Haina & Barrick, 430MW Flexicycle™ 16 © Wärtsilä 29 March 2012 VESA RIIHIMÄKI

  17. Slide 17: Power Plant strategy going forward

    Power Plant strategy going forward • Maintain our leading position in HFO power plants • Grow strongly in large gas power plants • Grow in power plants based on renewables • Grow in oil and gas and emergency power applications 17 © Wärtsilä 29 March 2012 VESA RIIHIMÄKI

  18. Slide 18: © Wärtsilä 29 March 2012 VESA RIIHIMÄKI

    18 © Wärtsilä 29 March 2012 VESA RIIHIMÄKI

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