Alstom SA · EURONEXT:ALO
Alstom SA — Investor Day (March 2009)
121 slides from Alstom SA's investor day presentation, Mar 12, 2009
Slide 1: Power Generation: CO2 free?
Power Generation: CO2 free? Analyst Days in Scandinavia 12th March 2009
Slide 2: Agenda
Agenda • Introduction Philippe Joubert • Portfolio Strategy - Nuclear Guy Chardon - Renewable energies (Hydro & Wind) Philippe Cochet • Efficiency - Retrofit Patrick Fragman - Future developments in efficiency Charles Soothill • Carbon Capture and Storage (CCS) - Strategy and Solutions Philippe Pael
Slide 3: Key power market drivers
Key power market drivers Correlation between electricity consumption and GDP growth GDP in Trillion 2000$ TWh PPP* 20000 60 ~3.5% Economic Economic growth growth 15000 50 ~3.1% 40 Increase Increase inin electricity electricity demand, demand, 10000 30 notably notably in in emerging emerging countrie
Slide 4: Installed base (IB) growth by region
Installed base (IB) growth by region Net Capacity Addition 9000 by 2030 in GW p.a (IEA) 8000 7000 6000 5000 Asia MEA 4000 Americas 3000 Europe 2000 1000 0 IB 2006 IB 2030 Source: IEA ref scenario WEO 2006 / 2007 with 3.6% real PPP GDP growth (IB in 2030 is 8240 GW) More than 50% Capacity Increase un
Slide 5: New power plant market per technology
New power plant market per technology Orders per technology in GW p.a Long Term IEA scenarios towards 2030 Average gross capacity addition in GW p.a 300 Wind Hydro Nuclear Ref ~ 225 250 Steam GW p.a Gas 200 150 Demand Growth 100 50 Replacement 0 Av. 2003- Av. 2006- 2009e Av. addition to 2030 2005 20
Slide 6: CO2 emissions by energy use
CO2 emissions by energy use CO2 global emissions per sector Power sector-related CO2 emissions CO2 emission (Gt/Year) Technology Mix Production Efficiency CCS Industry and other 35% Power Gen 41% Transport 24% 2005 2006 IEA2030 Ref 2030 Technology Demand Production CCS Realistic 2030 reduction mix e
Slide 7: Stabilising power emissions by 2030 is possible
Stabilising power emissions by 2030 is possible Alstom involvement • Technology Mix 9 − Nuclear − Renewables 9 • Production Efficiency − Fuel Preparation/Retrofit 9 − New generation plants 9 − Energy management 9 Source: Power Systems analysis • Carbon Capture and Storage 9 Analyst Days - Scandinavi
Slide 8: Technology mix: the impact
Technology mix: the impact World Installed Capacity GW Level of CO2 Emission 10'000 9,100 GW 8,240 GW Other renew. 8'000 Wind Hydro 6'000 Nuclear 4,343 GW 4'000 Gas/Oil 2'000 Coal 0 2006 2006 Reference Technology Think Big mix scenario evolution Source: IEA World Energy Outlook 2006/2007 for ref sce
Slide 9: Technology mix policies
Technology mix policies Japan EU • Renewable: Canada • Renewable: - target 3% energy mix by • Renewable: - target 20% in 2010 -$1.48 billion for energy mix by Renewable - €24M R&D for solar PV 2020 and innovative solar cells Power program • Nuclear: target of 30-40% USA China • Renewable: • Renewabl
Slide 10: Alstom has the most extensive product offering
Alstom has the most extensive product offering A distinct competitive advantage for differentiation Heat Environ- Large Large Gene- Recovery Renewable Nuclear/ Energy Heat mental Gas Steam Boilers rators Steam Exchanger control Conv. Plant mgmt Turbine Turbine Generator Hydro Wind Island systems (*)
Slide 11: Technology Mix: Clean Power
Technology Mix: Clean Power Nr.1 in Hydro Nr. 1 in conventional islands of nuclear power plants Wind Nr. 1 in air quality control systems Strong portfolio of CO2 free technologies (~1/3 of total portfolio) and promotion of clean combustion Analyst Days - Scandinavia, March 2009 - P 11 © ALSTOM 2009.
Slide 12: Stabilising power emissions by 2030 is possible
Stabilising power emissions by 2030 is possible Alstom involvement • Technology Mix 9 − Nuclear − Renewables 9 • Production Efficiency − Fuel Preparation/Retrofit 9 − New generation plants 9 − Energy management 9 Source: Power Systems analysis • Carbon Capture and Storage 9 Analyst Days - Scandinavi
Slide 13: Production Efficiency: New Plants
Production Efficiency: New Plants Coal Gas Ò Efficiency 30% to 50% 40% to 60% Ô CO2 40% 33% emissions 60% of the 2030 installed base still to be built Analyst Days - Scandinavia, March 2009 - P 13 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liabilit
Slide 14: Ageing fleet curve
Ageing fleet curve Evolution of installed base reaching 40 years of age (GW) 99 GW p.a 90 GW p.a China 93 GW p.a Asia excluding China South & Central America Middle East & Africa North America 62 GW p.a Europe 36 GW p.a 24 GW p.a 14 GW p.a 1990 1995 2000 2005 2010 2015 2020 2025 Source: Alstom, adap
Slide 15: OEM market shares in worldwide power plants
OEM market shares in worldwide power plants Status at the end of 2007 Total World Installed Base = 100% = 4,517 GW 25% 1,200 Wind Plant Hydro Plant 1,000 18% Nuclear Plant 800 15% Gas turbine plant ( incl. ST for CC) Steam Plant 600 400 6% 200 0 OEM supplied at least the Turbine, the Generator, or t
Slide 16: Production efficiency: Retrofit
Production efficiency: Retrofit Plant Optimisation: -5% CO2 Turbine retrofit: -5% CO2 Boiler retrofit: -3% CO2 Retrofit can avoid up to ~13 % CO2 60% of Carbon emitted in 2030 will come from today’s installed base Analyst Days - Scandinavia, March 2009 - P 16 © ALSTOM 2009. All rights reserved. Info
Slide 17: Stabilising power emissions by 2030 is possible
Stabilising power emissions by 2030 is possible Alstom involvement • Technology Mix 9 − Nuclear − Renewables 9 • Production Efficiency − Fuel Preparation/Retrofit 9 − New generation plants 9 − Energy management 9 Source: Power Systems analysis • Carbon Capture and Storage 9 Analyst Days - Scandinavi
Slide 18: At Alstom we believe coal and gas can and must be clean
At Alstom we believe coal and gas can and must be clean Power Plant with CO2 capture Post-combustion Oxy-combustion Pre-combustion (New + retrofit) (New + retrofit) (New only) Source: Vattenfall Source: Vattenfall Source: Vattenfall Solutions developed by Alstom CCS must be also applied to the insta
Slide 19: CCS funding & regulation status
CCS funding & regulation status Canada • CAD 2 billion for 3-5 CO2 storage projects, 2007 • CAD 1 billion from EU federal government • EUR 6-8 billion funding for demo plants Japan • New power plants to be • Launched CCS CCS ready as of 2011* company with an aim to halve the cost USA of CCS by 2020
Slide 20: Today we provide the cleanest air solutions
Today we provide the cleanest air solutions − for new plants − for the installed base Analyst Days - Scandinavia, March 2009 - P 20 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is subject to change without
Slide 21: Agenda of the 2 days
Agenda of the 2 days Day 1 • Official Start of the Analyst Days • Portfolio Strategy • Efficiency • CCS • CO2 policies Day 2 • Visit of Global Technology Center,Växjö • Visit of Karlshamn pilot for CO2 capture Analyst Days - Scandinavia, March 2009 - P 21 © ALSTOM 2009. All rights reserved. Informat
Slide 22: Power sector-related CO2 emissions
Power sector-related CO2 emissions CO2 emission (Gt/Year) Technology Mix Production Efficiency CCS 2005 2006 IEA2030 Ref 2030 Technology Demand Production CCS Realistic 2030 reduction mix efficiency Target Target Stabilising power emissions by 2030 is possible Analyst Days - Scandinavia, March 2009
Slide 23: Agenda
Agenda • Introduction Philippe Joubert • Portfolio Strategy - Nuclear Guy Chardon - Renewable energies (Hydro & Wind) Philippe Cochet • Efficiency - Retrofit Patrick Fragman - Future developments in efficiency Charles Soothill • Carbon Capture and Storage (CCS) - Strategy and Solution Philippe Paeli
Slide 24: Nuclear Drivers
Nuclear Drivers World Total = 1,766,400 t Ukraine Kazakhstan Russia 27,400 t 235,500 t 47,500 t Drivers • CO2 free • Energy security • Predictable cost of electricity Jordan Mongolia 44,000 t 8,000 t • Fuel source availability Nigeria 21,300 t China 31,800 t Uzbekistan Canada 55,200 t 270,100 t Nami
Slide 25: Nuclear Long term market
Nuclear Long term market Orders per technology in GW p.a Long term IEA scenarios towards 2030 Gross capacity addition in GW p.a 16 GW p.a 16 Green push 14 12 11 GW p.a 10 8 GW p.a 8 Demand Growth Reference scenario 6 4 3 GW p.a 2 Replacement 0 Av. 2003- Av. 2006- . . Av. 2005 2008 addition Source: M
Slide 26: Nuclear Product portfolio - conventional island
Nuclear Product portfolio - conventional island Analyst Days - Scandinavia, March 2009 - P 26 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is subject to change without notice. No representation or warranty
Slide 27: Nuclear ARABELLE: the best turbine for any reactor
Nuclear ARABELLETM: the best turbine for any reactor Two ARABELLE™ models cover all reactor types available today Psia 1200 Arabelle 1700 AREVA 1100 US-EPR AREVA Toshiba EU-EPR Arabelle 1000 GE-ABWR -ABWR 1000 Russia VVER GE- ESBWR CHINA-CPR 1200 900 Russia VVER MHI - US-APWR 1000 Toshiba – Westing
Slide 28: Nuclear ARABELLE: not a dream, a proven reality
Nuclear ARABELLETM: not a dream, a proven reality Chooz Chooz B1, B1, France France -- 1‘550 1‘550 MW MW • The world largest steam turbine in operation & in construction • 4 units in commercial operation • 250’000 Operating Hours with 99.97% Reliability Analyst Days - Scandinavia, March 2009 - P 28
Slide 29: Nuclear ARABELLE: demonstrated reliability
Nuclear ARABELLETM: demonstrated reliability Nuclear steam turbines* 0.3% 0.292% Forced Outage Rate 0.2% ALSTOM fleet 0.1% 0.078% 0.068% 0.023% 0.0% <1’000 MW >1’000 MW ARABELLETM US average <1’500 MW >1’500 MW * Period 2001- 2005; Alstom data derived from external EDF data (290 unit years); Referen
Slide 30: Nuclear Historical market share
Nuclear Historical market share Nuclear Steam Turbines ordered between Jan’03 – Sept’08 (42 GW & 37 Nuclear Units ) 4% 1% 10% 40% 3% 17% POWER MACHINES GROUP 4% 4% 3% 2% 12% Analyst Days - Scandinavia, March 2009 - P 30 © ALSTOM 2009. All rights reserved. Information contained in this document is pr
Slide 31: Nuclear References - new plant
Nuclear References - new plant Switzerland Belgium Sweden France South Korea Canada USA China Existing Plants Ling Ao 3 + 4 Under construction Hong Yan He Taishan South Africa Ningde Fuqing Fang Jiashan Flamanville 3 Analyst Days - Scandinavia, March 2009 - P 31 © ALSTOM 2009. All rights reserved. I
Slide 32: Nuclear References - retrofit
Nuclear References - retrofit UK Sweden Finland USA Sizewell A Oskarshamn Forsmark 1+2 Olkiluoto 1+2 Diablo C. 1+2 Quad Cities 2 South Korea Fort Calhoun Ulchin Callaway Yonggwang 1+2 France Laguna Verde Blayais Alstom represents now 30% of the worldwide installed base (110 GW) Analyst Days - Scandi
Slide 33: Nuclear Investing in the future of nuclear: Belfort
Nuclear Investing in the future of nuclear: Belfort The first ARABELLETM 1000 entering the spin pit • Clear trend for bigger unit size • 40% of orders anticipated until 2012 will be for units >1,100 MW & 90% in the longer term • Longer term market could reach the high order levels of the 70’s “Big i
Slide 34: Nuclear Investing in the future of nuclear: Chattanooga
Nuclear Investing in the future of nuclear: Chattanooga 2007 Today 2010 • Status of Chattanooga facility: − Site reconfiguration completed, construction in progress. − All principal production equipment ordered. − Recruitment campaign well underway, core team in place. − Start of production in 2010
Slide 35: Nuclear Summary
Nuclear Summary • Nuclear renaissance worldwide • Alstom’s unique offering with proven solutions and competitive technologies • On-going investment in the future of nuclear Alstom is Nr.1 in conventional island for nuclear Analyst Days - Scandinavia, March 2009 - P 35 © ALSTOM 2009. All rights reser
Slide 36: Agenda
Agenda • Introduction Philippe Joubert • Portfolio Strategy - Nuclear Guy Chardon - Renewable energies (Hydro & Wind) Philippe Cochet • Efficiency - Retrofit Patrick Fragman - Future developments in efficiency Charles Soothill • Carbon Capture and Storage (CCS) - Strategy and Solutions Philippe Pael
Slide 37: Hydro Drivers
Hydro Drivers Drivers • CO2 free • Energy security • Free fuel • Predictable electricity costs • Storage/reactivity Analyst Days - Scandinavia, March 2009 - P 37 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and
Slide 38: Hydro: long term market
Hydro: long term market Orders per technology in GW p.a Long term IEA scenarios towards 2030 Average gross capacity addition in GW p.a 50 45 44 GW p.a 40 GW p.a Green push 40 35 30 28 GW p.a 25 20 GW p.a 20 Reference scenario 15 10 Demand Growth 5 0 Av. 2003- Av. 2006- . . Av. 2005 2008 addition Sou
Slide 39: Hydro Product portfolio
Hydro Product portfolio Turbine Generator Control Systems Hydro Mechanical New, Refurbishment and Services Analyst Days - Scandinavia, March 2009 - P 39 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is subje
Slide 40: Hydro Product portfolio - turbine
Hydro Product portfolio - turbine Bulb Kaplan Francis Pelton Pump turbine Complete portfolio for all applications Analyst Days - Scandinavia, March 2009 - P 40 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and i
Slide 41: Hydro Product portfolio - generator
Hydro Product portfolio - generator Low speed Medium speed High speed Motor generator • Generator/Motors (Pump Storage) • All Speeds (60-1500rpm) • Vertical and Horizontal machines • From Air-cooled to fully Water-cooled machines • Variable speed machines Complete portfolio for all applications Anal
Slide 42: Hydro Product portfolio - control systems
Hydro Product portfolio - control systems Turbine Governor DCS Family Voltage Regulator I/O Controplant EX/HX Controplant Designed for plants with LX extreme level of availability and extra performance Ideal for plants SmartControl requiring high level of SX availability and performance Best suited
Slide 43: Hydro Product portfolio - mechanical equipment
Hydro Product portfolio - mechanical equipment Optimisation of control, transport, treatment and distribution of water Analyst Days - Scandinavia, March 2009 - P 43 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only
Slide 44: Hydro Major projects
Hydro Major projects Turkey France Deriner (4 × 186MW) Marocco Grand Maison Birecik (6 × 112MW) Afourer (4 units, 450MW) (12 units, 1,740MW) Yedigoze (2 × 150MW) Portugal Spain Switzerland Iran Canada Alqueva (2 x 130MW) La Muela (4 x 215MW) Nant De Drance Karun I (4 x 250MW) La Grande (4 × 157MW) C
Slide 45: Hydro Market share in GW
Hydro Market share in GW Turbine & Generator (Av. 2003-07: 270 units / 30.4 GW yearly new) 12% 4% POWER MACHINES 5% 26% Others China mfg 2% 10% 1% 2% 20% 16% Analyst Days - Scandinavia, March 2009 - P 45 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without l
Slide 46: Hydro Global footprint
Hydro Global footprint France Grenoble Canada Tracy China Tianjin India Baroda Manufacturing Facilities Brazil Sales location Taubate - Sao Paulo We are … where the market is! Analyst Days - Scandinavia, March 2009 - P 46 © ALSTOM 2009. All rights reserved. Information contained in this document is
Slide 47: Hydro Product roadmap - laboratory evolution
Hydro Product roadmap - laboratory evolution Grenoble Baroda • 2 Pelton test stands • 1 new test stand for Pump Turbine – Head up to 320 m • Doubling test capacity • Sand erosion test stand • Cycle time reduction Increasing Development Capabilities Analyst Days - Scandinavia, March 2009 - P 47 © ALS
Slide 48: Hydro Product roadmap - Pump storage plant
Hydro Product roadmap - Pump storage plant Global cycle efficiency ~ 80 % Maximum Maximum dam dam level level Maximum Maximum dam dam level level Minimum Energy transfer Minimum level level Minimum Minimum level level Upper reservoir Pumping Mode (Power storage) Turbining Mode (Power generation) Anc
Slide 49: Hydro Summary
Hydro Summary • The largest worldwide installed base − Generators totalling 310,000 MVA − Turbines totalling 155,000 MW • Most comprehensive range of hydro products and services • In-house turnkey, refurbishment and service capabilities • Unique global engineering and manufacturing footprint • Conti
Slide 50: Wind Drivers
Wind Drivers Drivers Cost of electricity • Environmental regulations €/ MWh − CO2 free power 90 generation 80 • Energy security 70 60 • Cost competitiveness 50 − Free fuel 40 − Technological 30 improvements 20 10 0 Coal Gas Nuclear Wind Wind Hydro 2006 2015 Source: Alstom analysis, Windpower Monthly
Slide 51: Wind: long term market
Wind: long term market Orders in GW p.a Long term IEA scenarios towards 2030 Gross capacity addition by GW p.a 45 GW p.a 45 Green push 40 35 30 25 22 GW p.a 20 GW p.a Reference scenario 20 Demand Growth 15 9 GW p.a 10 5 Replacement 0 Av. 2003- Av. 2006- . . Av. 2005 2008 addition Source: Market unti
Slide 52: Wind Installed base
Wind Installed base Key references • Herrerías (Cádiz) - 28 ECO74 x 1.670 kW, Spain • Las Loras (II) (Palencia) - 31 ECO80 x 1.670 kW, Spain • Pedreros (Albacete) - 30 ECO74 x 1.670 kW, Spain • La Mallada (León) - 28 ECO74 x 1.670 kW, Spain • Chantada (Galicia) - 30 ECO74 x 1.670 kW, Spain • Mondoñe
Slide 53: Wind Product portfolio - ECO80 platform strategy
Wind Product portfolio - ECO80 platform strategy Today Future 80 m 86 m Platform evolution: • 1.67 MW 60 Hz product • 1.67 MW Class III China & Americas • Leverage operational experience Class II Class III Market driven product management Analyst Days - Scandinavia, March 2009 - P 53 © ALSTOM 2009.
Slide 54: Wind New product portfolio - ECO80 - 2.0
Wind New product portfolio - ECO80 - 2.0 First access to the 2MW segment Product characteristics Power: 2,000 kW Class: II (8.5m/s av.) Rotor diameter: 80.5m Hub height: 70-80m Track record Total installed: Prototype in operation for > 18 months Major projects completed: First project under construc
Slide 55: Wind Product portfolio - ECO100 platform strategy
Wind Product portfolio - ECO100 platform strategy Today Future ~110 m 100 m Platform Evolution: • Larger rotor • Leverage Operational Experience • Upgraded Converter/Generator Class II Class III Market driven product management Analyst Days - Scandinavia, March 2009 - P 55 © ALSTOM 2009. All rights
Slide 56: Wind New product portfolio - ECO100 - 3.0
Wind New product portfolio - ECO100 - 3.0 Large annual energy yield, future workhorse 100 m Product characteristics Power: 3,000 kW Class: II (8.5m/s av.) Airbus 380 Rotor diameter: 100m Hub height: 90m Track record Total installed: Prototype in operation since early June Major projects completed: N
Slide 57: Wind Historical market share 2007
Wind Historical market share 2007 23% Others 9% 2% 17% 3% 3% 4% 15% 4% 7% 14% 10% Source : BTM Consult March 2008 Analyst Days - Scandinavia, March 2009 - P 57 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and i
Slide 58: Wind Expansion strategy
Wind Expansion strategy • Growth in Europe 1 • Bulk: ECO 80, Launch ECO 100 • Market expansion to North America 2 • Start: ECO 80 • Localise production 3 • Market expansion to Asia- Pacific/China • Start: ECO 80 • Localise production Leverage global sales presence Analyst Days - Scandinavia, March 2
Slide 59: Wind Summary
Wind Summary • Strong governmental support for all renewables, including Wind • Further broaden our portfolio of technologies for clean power - Reinforcing our position as a key player on renewables • Accelerating our entry in China and North America • A proven, reliable and competitive technology •
Slide 60: Power sector-related CO2 emissions
Power sector-related CO2 emissions CO2 emission (Gt/Year) Technology Mix Production Efficiency CCS 2005 2006 IEA2030 Ref 2030 Technology Demand Production CCS Realistic 2030 reduction mix efficiency Target Target Stabilising power emissions by 2030 is possible Analyst Days - Scandinavia, March 2009
Slide 61: Agenda
Agenda • Introduction Philippe Joubert • Portfolio Strategy - Nuclear Guy Chardon - Renewable energies (Hydro & Wind) Philippe Cochet • Efficiency - Retrofit Patrick Fragman - Future developments in efficiency Charles Soothill • Carbon Capture and Storage (CCS) - Strategy and Solutions Philippe Pael
Slide 62: Retrofit Drivers
Retrofit Drivers Evolution of installed base reaching 40 years of age (GW) 99 GW p.a Drivers 90 GW p.a 93 GW p.a • Ageing fleet 62 GW p.a • Environmental regulations & permitting 36 GW p.a 24 GW p.a • Fuel costs 14 GW p.a • Investment & payback 1990 1995 2000 2005 2010 2015 2020 2025 China Asia excl
Slide 63: Retrofit Experience
Retrofit Experience Alstom Retrofit Expertise Type Alstom Fleet Other OEM * Total Boilers 903 units 557 units 1,460 units Steam Turbines (since 1984) 451 units 320 units 771 units * Other Turbine Original Equipment Manufacturer include GE, Siemens, Westinghouse, Parsons, MHI, Hitachi, Toshiba, Zamec
Slide 64: Retrofit Product portfolio
Retrofit Product portfolio Offering & strategy solutions for all needs Fuel Flexibility Environmental Compliance Life Extension Re-powering & Efficiency Integrated Solutions CO2 Analyst Days - Scandinavia, March 2009 - P 64 © ALSTOM 2009. All rights reserved. Information contained in this document i
Slide 65: Thermal retrofit: Components/packages approach
Thermal retrofit Components/ packages approach Environmental Control Area Turbine Boiler Generator Extended plant owner’s responsibility: • Is the plant’s thermodynamic performance fully optimised? Balance of Plant • Are the skilled engineering / execution resources available? • Are the project sche
Slide 66: Thermal retrofit: Integrated retrofit approach
Thermal retrofit Integrated retrofit approach Optimised Emissions Heat Rate / Efficiency / MWs Environmental Boiler Turbine Control Area Generator Balance of Plant Extended plant owner’s benefit: Balance of Plant Get more than just the sum of components retrofit! Analyst Days - Scandinavia, March 20
Slide 67: Retrofit Arnot case study
Retrofit Arnot case study Eskom needs: Alstom delivers (3 units to date): • Modernisation and life extension • Gross output per unit increased from for 6 units (350MWe) of more than 30 350MWe to over 400MWe years old • Short timescales with quick MWe to the • Generation capacity (peak margins, grid
Slide 68: Retrofit Jaenschwalde case study
Retrofit Jaenschwalde case study • CO2-reduction per unit: 110,000 t/year; 880,000 t/year in the 8 units • Savings of € 17.6M at 20€/t in CO2 • NOx reduction from ≈500 mg/Nm3 to < 200 mg/Nm3 • Further potential with co-firing biomass Highly attractive ROI < 3 yr Analyst Days - Scandinavia, March 200
Slide 69: Retrofit Coal retrofit market
Retrofit Coal retrofit market Retrofit market (B€ p.a) Installed base (GW) 7 6 800 700 5 600 4 500 Steam Plant 3 ECS Brownfield 400 ST Retrofit Boiler Retrofit 300 2 200 1 100 0 0 av 06-07 av 08-12 M I s E H en G O M T em Source: ALSTOM & UDI LS Si A Alstom has the biggest Installed Base (28%) Analy
Slide 70: Retrofit Summary
Retrofit Summary • Ageing fleet brings substantial retrofit opportunities • Retrofit brings significant efficiency gains • Alstom has a unique integrated offer and the largest fleet Alstom is the integrated retrofit market leader Analyst Days - Scandinavia, March 2009 - P 70 © ALSTOM 2009. All right
Slide 71: Agenda
Agenda • Introduction Philippe Joubert • Portfolio Strategy - Nuclear Guy Chardon - Renewable energies (Hydro & Wind) Philippe Cochet • Efficiency - Retrofit Patrick Fragman - Future developments in efficiency Charles Soothill • Carbon Capture and Storage (CCS) - Strategy and Solutions Philippe Pael
Slide 72: Impact of efficiency on emissions
Impact of efficiency on emissions Future Tech 1200 Av. BAT (700°C) Black CO2 emissions (g/kWh) 1000 Coal -35% -40% 800 600 Gas Av. Future Tech 400 -33% 200 0 25 30 35 40 45 50 55 60 Efficiency (%) Source: Alstom Ò Efficiency Ô CO2 emissions • Coal: 30% to 50% 40% • Gas: 40% to 60% 33% Analyst Days -
Slide 73: Key R&D programs
Key R&D programs Product Target 50/60Hz Gas Combined • Integrated Plants based on next derivatives of GT26 cycle • 60Hz Large GTCC plant Advanced SC Coal • 600/600 °C 600/1000MW China Steam • 700 °C - next future step Boiler Island • Integrated boiler for ASME* and China • Coal and lignite Nuclear •
Slide 74: Gas combined-cycle power plants
Gas combined-cycle power plants Gas Turbine Plant Steam Turbine Generator Integrator™ Clutch Heat Recovery Condenser Steam Generator Optimisation: • Best conversion of heat in exhaust gas of Gas Turbine in Steam Cycle • Minimise losses in Low Pressure and condenser Heat Control Recovery Steam • Stea
Slide 75: Gas turbine Latest GT26 upgrade
Gas turbine Latest GT26 upgrade Low Pressure Turbine / Sequential Environmental (SEV) Environmental Combustor Compressor Combustor • Leakage reduction by improved • Staged burner premix • Mass flow increase seals concept • Higher power output • Efficiency improvement • Operational flexibility Demons
Slide 76: Gas turbine Future developments
Gas turbine Future developments Advanced Turbine design concepts to increase efficiency and reduce emissions Analyst Days - Scandinavia, March 2009 - P 76 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is sub
Slide 77: Air cooled generator
Air cooled generator Air Cooled Generator Technology leadership maintained TOPAIRTM generator in manufacturing Analyst Days - Scandinavia, March 2009 - P 77 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is s
Slide 78: Coal fired power plants
Coal fired power plants NOx Control Plant Integrator™ Leftovers Boiler Burner NOx Retrofits Steam Turbine Burner Systems and Generator Coal Substation Pile Systems Pulverizer Ash Handling Construction Particulate Flue Gas Control Desulphurization Air Preheated Analyst Days - Scandinavia, March 2009
Slide 79: Coal fired power plants: Performance improvements
Coal fired power plants Performance improvements 16 Net efficiency 700/720 oC > 50% by 2020 Relative efficiency improvement (%) Single Reheat 14 12 10 8 600/620oC > 46% today 6 600/600oC 4 565/565oC 540/540oC 2 0 160 200 240 280 320 360 400 Inlet Pressure (bar) Temperature of the steam cycle is the
Slide 80: Steam turbine – key achievements
Steam turbine – key achievements Highly optimised individual component Analyst Days - Scandinavia, March 2009 - P 80 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is subject to change without notice. No repr
Slide 81: Steam turbine blade efficiency
Steam turbine blade efficiency Analyst Days - Scandinavia, March 2009 - P 81 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is subject to change without notice. No representation or warranty is given or to be
Slide 82: Advanced low pressure blades
Advanced low pressure blades − Large exit area • Extracts more power − Optimised design • Aerodynamics ~ 1.75 meters • Mechanically stiff • Low number of blades • High strength material Analyst Days - Scandinavia, March 2009 - P 82 © ALSTOM 2009. All rights reserved. Information contained in this do
Slide 83: Coal-fired power station with efficiency > 50%
Coal-fired power station with efficiency > 50% Boiler Live Steam 350 bar Boiler enclosing walls 700°C Reheat Steam 720°C Heating surface final stages Header and piping materials Valves and fittings Analyst Days - Scandinavia, March 2009 - P 83 © ALSTOM 2009. All rights reserved. Information containe
Slide 84: 700oC steam turbine development
700oC steam turbine development • Builds on unique welded rotor technology differentiator Analyst Days - Scandinavia, March 2009 - P 84 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is subject to change with
Slide 85: Summary
Summary • Efficiency increase provides the power needed for emissions reduction • On-going R&D across entire product portfolio • Plant integrator TM for optimal efficiency Efficiency is the key to CO2 reduction Analyst Days - Scandinavia, March 2009 - P 85 © ALSTOM 2009. All rights reserved. Informa
Slide 86: Power sector-related CO2 emissions
Power sector-related CO2 emissions CO2 emission (Gt/Year) Technology Mix Production Efficiency CCS 2005 2006 IEA2030 Ref 2030 Technology Demand Production CCS Realistic 2030 reduction mix efficiency Target Target Stabilising power emissions by 2030 is possible Analyst Days - Scandinavia, March 2009
Slide 87: Agenda
Agenda • Introduction Philippe Joubert • Portfolio Strategy - Nuclear Guy Chardon - Renewable energies (Hydro & Wind) Philippe Cochet • Efficiency - Retrofit Patrick Fragman - Future developments in efficiency Charles Soothill • Carbon Capture and Storage (CCS) - Strategy and Solutions Philippe Pael
Slide 88: At Alstom we believe coal and gas can and must be clean
At Alstom we believe coal and gas can and must be clean Power Plant with CO2 capture Post-combustion Oxy-combustion Pre-combustion (New + retrofit) (New + retrofit) (New only) Source: Vattenfall Source: Vattenfall Source: Vattenfall Solutions developed by Alstom CCS must be also applied to the insta
Slide 89: Post combustion - chilled ammonia
Post combustion - chilled ammonia Analyst Days - Scandinavia, March 2009 - P 89 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is subject to change without notice. No representation or warranty is given or to
Slide 90: Post combustion - advanced amines
Post combustion - advanced amines Exclusive Partnership Dow Chemical Contribution Alstom Contribution • World’s largest supplier of amines • Improved process • Global technology leader in • Improved plant integration amines • Ongoing aggressive R&D program Amine Technology Advanced Amine Technology
Slide 91: Oxy-Combustion Process
Oxy-Combustion Process Oxy-Combustion is a sound technological option Analyst Days - Scandinavia, March 2009 - P 91 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is subject to change without notice. No repre
Slide 92: Main Partnerships & Projects Portfolio
Main Partnerships & Projects Portfolio ADVANCED Joint Development Partnership 20 MWth AMINES Belchatow (Poland) - Coal >150 MWe Pleasant Prairie (US) - Coal 5 MWth Mountaineer (US) - Coal 30 MWth CHILLED Northeastern (US) - Coal >200 MWe AMMONIA Transalta (Canada) - Coal 200 MWe Karlshamn (Sweden) -
Slide 93: Alstom activity on major demonstrations
Alstom activity on 10 major demonstrations Running / Commissioning In construction Study / Engineering We Energies Pleasant Vattenfall Schwarze AEP Mountaineer PGE Belchatow Vattenfall Prairie Pumpe USA - 30 MWth Poland – 20 MWth Jänschwalde USA - 5 MWth Germany - 30 MWth Chilled Ammonia - Coal Advd
Slide 94: Alstom CO2 Capture and Storage Roadmap
Alstom CO2 Capture and Storage Roadmap Capture 2007 2010 2015 2020 2025 2030 Post- Pre- Pilot / Demo Commercialisation comb. commercial Oxy- Pilot / Demo Pre-commercial Commercialisation comb. Transport EU,US Local, limited EOR* Progressive pipeline deployment, Australie projects + Demo depending on
Slide 95: Pre-investments report for capture retrofit
Pre-investments report for capture retrofit Waste Waste Water Water Treatment Treatment System: System: foresee foresee interconnection with power interconnection with power Optimisation Optimisation of of the the cooling cooling block block WWTS WWTS system system recovery of heat in recovery of he
Slide 96: Plant arrangement and integration of capture
Plant arrangement and integration of capture Level III Level II Level I • Footprint • Preliminary foot-print of • Detailed Capture Ready study • Lay-out for single & capture subsystems multiple units • Interface data Analyst Days - Scandinavia, March 2009 - P 96 © ALSTOM 2009. All rights reserved. I
Slide 97: Economics of Carbon Capture and Storage
Economics of Carbon Capture and Storage 90 €/ tonne CO2 80 Es 70 tim CC ated Public funding 60 S co sts 50 of 40 30 20 10 0 Demo phase Early commercial phase Mature commercial phase Source: McKinsey & Company “CCS – assessing the economics” for the cost numbers; policy implications drawn by ZEP Anal
Slide 98: Conclusions
Conclusions • Developed countries are showing leadership funding early large-scale CCS • The world targets cannot be achieved without the participation of Asia as early as 2020 • Retrofitable CCS technologies and capture ready are a must Alstom is the technology leader in CO2 capture for Power Gen A
Slide 99: Agenda
Agenda • Introduction Philippe Joubert • Portfolio Strategy - Nuclear Guy Chardon - Renewable energies (Hydro & Wind) Philippe Cochet • Efficiency - Retrofit Patrick Fragman - Future developments in efficiency Charles Soothill • Carbon Capture and Storage (CCS) - Strategy and Solutions Philippe Pael
Slide 100: CO2 emissions by energy use
CO2 emissions by energy use CO2 Global emissions per sector Power Sector-related CO2 emissions CO2 emission (Gt/Year) Technology Mix Production Efficiency CCS Industry and other 35% Power Gen 41% Transport 24% 2005 2006 IEA2030 Ref 2030 Technology Demand Production CCS Realistic 2030 reduction mix e
Slide 101: Targets
Targets Overview of commitments Intergovernmental Panel on Climate Change (IPCC), EU, G8 & US Source 2020 target cuts from 2050 target from 1990 levels 1990 levels Intergovernmental Panel on 25% - 40% 50-85% Climate Change (IPCC) EU 20% (30%*) 60-80% G8 - 2008 No target 50% US new administration 16%
Slide 102: EU climate & energy package
EU climate & energy package CCS Directive Emissions Trading Scheme Directive (2012-2020) Renewables Directive -20% GHG emissions by 2020 Highly ambitious legislation with a major economic implication Analyst Days - Scandinavia, March 2009 - P 102 © ALSTOM 2009. All rights reserved. Information conta
Slide 103: 20/20/20 by 2020
20/20/20 by 2020 • 20% reduction in GHG (30% if international agreement on a successor to Kyoto) • 20% of final energy consumption from renewables (= 30% + of power generation) • 20% improvement in Energy Efficiency BY 2020 Analyst Days - Scandinavia, March 2009 - P 103 © ALSTOM 2009. All rights res
Slide 104: Directive on the geological storage of CO2
Directive on the geological storage of CO2 • Legal framework for CO2 transport and storage • New plant “CCS ready” • Review 2015 • Demo funding €6-10 billion Analyst Days - Scandinavia, March 2009 - P 104 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without
Slide 105: The market for CCS in the EU
The market for CCS in the EU 2009 2011 2015 2020 2030 •CCS •New •Review of Directive stations directive “capture ready” •Commercial •Commercial offer ramp-up •3-5 CCS •Another 5- •10-12 CCS •Early •CCS stations demo 7 CCS demo stations operating projects demo projects operational worldwide agreed pr
Slide 106: New US administration - new policies
New US administration - new policies • 80% reduction in greenhouse gas emissions by 2050 • Cap and trade legislation being considered in 2009 • 10% of electricity from renewables by 2012 (25% by 2025) • Environmental Protection Agency to reconsider block on states’ vehicle emission standards Analyst
Slide 107: American recovery and reinvestment bill 2009
American recovery and reinvestment bill 2009 American Recovery & Reinvestment Act contains $3.4 billion for coal-related fossil energy programmes, including: • $1B for fossil energy research • $800M increased funding for the Clean Coal Power Initiative program • $1.52B Carbon Capture & Storage demon
Slide 108: China
China • Massive power generation investment programme: − 15% energy from renewables by 2020 − 70GW of nuclear capacity by 2020 (5% of total generation capacity) − Energy intensity reduction: 20% per unit GDP (2005 baseline) − Carbon Capture & Storage programmes − Investment expected in next China En
Slide 109: The UNFCCC process
The United Nations Framework Convention on Climate Change (UNFCCC) process Kyoto Phase 1 Kyoto Phase 2 Post-Kyoto, tbd 2005 2006 2007 2008 2009 2010 2011 2012 COP 13 - BALI: Agreement to define roadmap for Post-Kyoto COP 14 – POZNAN: Interim review on roadmap COP 15- COPENHAGEN: Post-Kyoto long-term
Slide 110: Technology mix policies
Technology mix policies Japan EU • Renewable: Canada - target 3% energy mix by • Renewable: • Renewable: 2010 - target 20% in -$1.48 billion for energy mix by - €24M R&D for solar PV Renewable 2020 and innovative solar cells Power program • Nuclear: target of 30-40% (continuing) USA China • Renewabl
Slide 111: Efficiency incentives
Efficiency incentives Canada EU • Efficiency premiums • Part of EU policies being introduced impacting electricity generation* China • Policy to close USA smaller, older, less- • 3.2 B$ for Energy efficient plants Efficiency and Conservation Block Grants India • Integrated Energy policy recommendati
Slide 112: CCS funding & regulation status
CCS funding & regulation status Canada • CAD 2 billion for 3-5 CO2 Japan EU storage projects, 2007 • Launched CCS • EUR 6-8 billion funding • CAD 1 billion from company with an for demo plants federal government aim to halve the cost • New power plants to be CCS ready as of 2011* of CCS by 2020 USA
Slide 113: Conclusions
Conclusions • There will be increasing pressure to act on CO2– expect to see dramatic increase in the stated level of ambition globally • A range of ambitious policies have been announced Action needs to be taken in all regions of the world Analyst Days - Scandinavia, March 2009 - P 113 © ALSTOM 200
Slide 114: Agenda
Agenda • Introduction Philippe Joubert • Portfolio Strategy - Nuclear Guy Chardon - Renewable energies (Hydro & Wind) Philippe Cochet • Efficiency - Retrofit Patrick Fragman - Future developments in efficiency Charles Soothill • Carbon Capture and Storage (CCS) - Strategy and Solutions Philippe Pael
Slide 115: Alstom CO2 solutions portfolio and leadership
Alstom CO2 solutions portfolio and leadership Wind Power sector-related CO2 emissions Technology N° 1 in hydro Mix Production Efficiency N° 1 in nuclear conventional islands CCS N° 1 in air quality control systems Efficiency: Plant Optimisation and Retrofit 2005 2006 IEA2030 Ref 2030 Technology Dema
Slide 116: Alstom has the most extensive product offering
Alstom has the most extensive product offering A distinct competitive advantage for differentiation Heat Environ- Nuclear/ Large Large Gene- Recovery Heat Renewable Energy Boilers mental Conv. Plant Gas Steam rators Steam Exchanger control Island mgmt Turbine Turbine Generator Hydro Wind systems (*)
Slide 117: Production Efficiency
Production Efficiency New Plants Coal: +20 p.p in efficiency saves Gas: +20 p.p in efficiency saves 40% CO2 emissions 33% CO2 emissions 60% of the 2030 installed base still to be built Retrofit Plant Optimisation: -5% CO2 Turbine retrofit: -5% CO2 Boiler retrofit: -3% CO2 60% of Carbon emitted in 20
Slide 118: Alstom activity on major demonstrations
Alstom activity on 10 major demonstrations Running / Commissioning In construction Study / Engineering We Energies Pleasant Vattenfall Schwarze AEP Mountaineer PGE Belchatow Vattenfall Prairie Pumpe USA - 30 MWth Poland – 20 MWth Jänschwalde USA - 5 MWth Germany - 30 MWth Chilled Ammonia - Coal Advd
Slide 119: Load Management in future SmartGrids
Load Management in future SmartGrids Operate CCGT between 9am Tomorrow Weather : Windgeneration and 4pm at 80% and Sunny & warm forecast standby for Grid services 25MW Charge Hybrid Cars with Solar Panels Buy 150kW green energy balance to market for Air Cond Day Ahead Price at Source: Alstom 60Euros
Slide 120: Today we provide the cleanest air solutions
Today we provide the cleanest air solutions − for new plants − for the installed base Analyst Days - Scandinavia, March 2009 - P 120 © ALSTOM 2009. All rights reserved. Information contained in this document is provided without liability for information purposes only and is subject to change without
Slide 121: www.power.alstom.com
www.power.alstom.co ALSTOM