CLP Holdings Limited · HKEX:2
CLP — Investor Presentation (May 2010)
19 slides from CLP's investor presentation, May 2010
Slide 1: CLP and Renewable Energy in Asia
CLP and Renewable Energy in Asia May 2010 Andrew Brandler CEO CLP Holdings
Slide 2: Disclaimer
Disclaimer This presentation contains some comments about future events including our expectations about the performance of CLP Group's business. The comments are not audited and are based on a number of factors that we cannot control. We cannot be certain that the comments will be accurate or compl
Slide 3: Global Energy Challenge
Global Energy Challenge How to provide energy necessary for social and economic development, yet avoid serious environmental impacts? 2
Slide 4: CLP Group Portfolio – Cross Regional Presence
CLP Group Portfolio – Cross Regional Presence INDIA – 2,421 MW CHINESE MAINLAND – 6,579 MW Largest external investor in electricity industry Largest foreign investor in Diversified portfolio electricity industry - Coal Top investor in wind - Nuclear Diversified portfolio: - Hydro - Coal - Wind - Gas
Slide 5: CLP's Climate Vision 2050
Our Manifesto to Climate Change CLP’s Climate Vision 2050 Towards The CO2 Emissions Non-carbon Renewable Future Intensity Emitting Energy <1% RE 2004 0.83 11% RE Nuclear 2009 (kg CO2/kWh) 15% Non-carbon 0.8 2010 (kg CO2/kWh) 20% By Natural Gas Non-carbon ~5% 0.7 2020 (kg CO2/kWh) Clean Coal >45% 0.4
Slide 6: Climate Vision 2050
Climate Vision 2050 Five major initiatives to implement our climate commitment Renewable Energy Nuclear Power − Largest external investor in RE both − Obtained approval to extend the Daya Bay in China and India joint venture through to 2034 − Exploring solar energy projects – − Looking to extend our
Slide 7: Powering Asia Responsibly: Different Energies, Different Markets
Powering Asia Responsibly …Different Energies, Different Markets Different Energies Different markets offer different opportunities − Wind and hydro power making the major − Wide variances in national or local contribution to the growth policy support of RE capacity in Asia Solar Tariff Wind Hydro B
Slide 8: Our Footprints
Our Footprints Renewables Portfolio ~2,000 Equity MW CHINA – total 1,378 MW INDIA – total 446 MW Operational Operational Wind 534 MW Khandke Wind 50/50 MW (w) Hydro 156 MW Samana Wind-I 50/50 MW (w) Biomass 12 MW Samana Wind-II 38/38 MW (w) Saundatti 21/21 MW (w) Changdao 27/12 MW (w) China Theni 21
Slide 9: CLP Group Renewables Portfolio
CLP Group Renewables Portfolio Equity Capacity Hydro (522 MW) 3 hydropower projects in China (486MW) 1 hydropower project in Wind (1,468 MW) Laos (through EGCO) (36MW) 22 wind farms in China (464 MW) Biomass (15 MW) Strategic investor in CGN Wind in China (416MW) 1 plant in China (12MW) 3 plants in
Slide 10: China
China Our Portfolio HEILONGJIANG Largest external investor in the RE sector in China JILIN XINJIANG LIAONING INNER Repositioning of our portfolio GANSU MONGO BEIJI NG towards low carbon generation LIA HEBEI TIANJIN NINGXIA SHANXI SHANDONG CLP has 1,378 Equity MW in QINGHAI operation or under constru
Slide 11: India
India Our Portfolio Largest wind investor / developer in India (foreign or domestic) A portfolio of 446MW wholly-owned wind projects and significant development pipeline − 180MW in operation − 152MW commissioning by 2010 − 114MW commissioning by 2011 31 Mar 10 cumulative investment of ~HK$1.3 billio
Slide 12: Australia and Thailand
Australia and Thailand Australia Thailand Established R40s with Hydro Tasmania Formed a joint venture with EGCO and Mitsubishi Corp to build a 73MWdc A portfolio of 142 Equity MW (55MWac) solar project in Thailand 3 operational wind farms and 1 wind farm The project is one of the largest solar under
Slide 13: Technologies
Technologies Massive amounts of stable funding needed for the development and demonstration of technologies Wind Best renewable energy option for now Price of wind turbine are commoditised, technology continuing to improve Challenges: Sites, grid connection, grid capacity Hydro Small to medium (up t
Slide 14: Generation Cost – Today & 2030
Generation Cost – Today & 2030 Today 2030 Nuclear Nuclear Gas Gas Coal Coal Tidal Barrage Tidal Barrage Tidal Current Tidal Current Wave Wave Wind onshore Wind onshore Wind offshore Wind offshore Solar PV Solar PV Large Hydro Large Hydro Small Hydro Small Hydro Conventional Geothermal Conventional G
Slide 15: Carbon Markets
Carbon Markets Market Uncertainty Carbon Price Practical difficulties in the CDM process Currently there are benchmarks for CERs CER prices are volatile up to 2012. These can easily be sourced from the European Climate Exchange − CER Dec 10 contract prices fell from c. €24 to (ECX) or BlueNext c. €8
Slide 16: None of us can defeat the threat of global warming on our own
None of us can defeat the threat of global warming on our own — but together we can cool the climate and realise our Climate Vision 2050 The world is in our hands.
Slide 17: Supplementary
Supplementary 16
Slide 18: Tariff and cost spectrum for projects
Tariff and cost spectrum for projects 20.0 Feed in Tariffs at US¢ 30-35 per kWhr 19.0 18.0 Thai Wind Solar Projects still 17.0 far to compete with 16.0 wind 15.0 Project Cost ~ US$ 3 – 4 Mn Tariff in US¢ / kWhr 14.0 India current short-term merchant tariffs per MW 13.0 12.0 11.0 10.0 PRC Wind Austra
Slide 19: General Observations & Ending Remarks
General Observations General Observations & Ending Remarks Regulations drive RE - not markets − Wind tariffs are not at “grid parity” Cost reduction for wind has slowed Less attractive onshore sites and cost of offshore installation is still very high − Cost of solar power is “off the chart” - liter