Hitachi, Ltd. · TSE:6501
Hitachi — Investor Day (December 2022)
21 slides from Hitachi's investor day presentation, Dec 5, 2022
Slide 1: Hitachi Energy R&D Strategy
R&D and IP Strategy Briefing Hitachi Energy R&D Strategy December 5, 2022 Gerhard Salge CTO, Hitachi Energy © Hitachi, Ltd. 2022. All rights reserved.
Slide 2: Today's Key Messages
Today’s Key Messages Electricity will be the backbone of the entire energy system 1 • Tomorrow’s Power System will be a “System of Systems” • In the global Power System of 2050, we need four times of today’s generation capacity, and we will need to transfer three times as much electrical energy Mark
Slide 3: Contents
Hitachi Energy R&D Strategy Contents 1. Hitachi Energy heritage 2. Energy system 2050: Towards a carbon-neutral energy system 3. Market leadership enabled by technology and global approach 4. Hitachi Energy core technology areas for the Power System evolution 5. One Hitachi synergies © Hitachi, Ltd.
Slide 4: Hitachi Energy heritage
1-1. Hitachi Energy heritage 1893 1970 2011 2017/18 First 3-phase Led First digital First digital transmission development substation distribution system, of first sold & power Sweden 1954 SCADA 2004 2012 transformers First system Pioneered HVDC breaker commercial implementation solving a 100- HVDC2
Slide 5: Record-breaking HVDC technology from Hitachi Energy
1-2-1. Record-breaking HVDC technology from Hitachi Energy 1 st 3.6 GW Dogger Bank Wind Farm First ever large-scale HVDC interconnection in the Middle Connecting the world’s largest offshore East and Africa windfarm to the UK 720 km 1,100 kV North Sea Link Changji-Guquan World’s longest sub-sea elec
Slide 6: Record-breaking technology from Hitachi Energy
1-2-2. Record-breaking technology from Hitachi Energy Sutong Project ewz Oerlikon Substation Transmission Line Gas-insulated switchgear installation with eco- Transmission line efficient gas mixture under the Yangtze river Oman Electricity SIMCOA Operations Transmission Company Internal power transf
Slide 7: Energy system 2050: Towards a carbon-neutral energy system
2-1. Energy system 2050: Towards a carbon-neutral energy system 01 Tomorrow’s Power System will be a Accelerated shift from fossil-based to renewable “System of Systems” Electricity will power generation be the 02 Flexible grid scaling, based on modular sub-systems. backbone Growing electrification
Slide 8: Energy system 2050: Hitachi Energy growth opportunities
2-2. Energy system 2050: Hitachi Energy growth opportunities 01 Hitachi Energy is a leader in connecting renewable Accelerated shift from fossil-based to renewable power generation to the power system Electricity will power generation be the 02 Hitachi Energy is working with various industries on th
Slide 9: Market leadership enabled by technology and global approach
3-1. Market leadership enabled by technology and global approach Fundamental technology areas for the Key aspects of global technology leadership Power System evolution Sustainable Products & Solutions Power Electronics • Anticipating future customer needs – one company Digitalization technology and
Slide 10: Global Hitachi Energy R&D organization
3-2. Global Hitachi Energy R&D organization CTO Gerhard Salge Technology functions Product development • Technology licensing & controlling • Grid Automation • Market Innovation • Grid Integration • Portfolio management • High Voltage Products • R&D processes and quality • Transformers • Product sec
Slide 11: Global Hitachi Energy Research organization
3-3. Global Hitachi Energy Research organization 5 Research centers, 7 countries, 200 researchers Västerås Power electronics Multiphysics & materials Montreal Protection and signal processing AI Cyber security UX*1 Kraków Multiphysics simulations Data analytics and ML*2 Additive manufacturing Raleig
Slide 12: Core technology areas in Hitachi Energy R&D
4-1. Core technology areas in Hitachi Energy R&D Sustainable Products & Solutions • High-voltage switchgear and current interruption (e.g., EconiQ 420kV circuit breaker) • Insulation coordination and thermal design in gaseous, liquid and solid materials (e.g., EconiQ, OceaniQ and dry-type Traction T
Slide 13: Technology leadership examples: eco-efficient 420 kV circuit breaker
4-2-1. Technology leadership examples The world’s first eco-efficient 420 kV circuit breaker Unlocks the widest range of EconiQ switchgear applications Breakthrough in the industry for SF6-free solutions for higher voltage levels Reliable and scalable technology Eliminates the carbon footprint of th
Slide 14: Technology leadership examples: floating technologies
4-2-2. Technology leadership examples Game-changing floating technologies 60+ meters depth or seabed not suitable for bottom-fix Hitachi Energy now has a complete range of transformers and reactors for floating applications 15+ meters waves with associated vibrations and shocks 01 Lightweight, resil
Slide 15: Technology leadership examples: HVDC Light
4-2-3. Technology leadership examples HVDC Light® enabling a carbon-neutral interconnected energy system Environmental benefits UK – France IFA 2 HVDC Dogger Bank HVDC system from HVDC Light® connectors interconnector avoids 1.2 million connects efficiently 3.6 GW of Constantly innovating to reduce
Slide 16: Technology leadership examples: Lumada Inspection Insights
4-2-4. Technology leadership examples Lumada Inspection Insights Video-based insights e.g., substation / infrastructure inspections Image-based insights e.g., transmission line inspections Satellite-based insights e.g., vegetation management Map enabled actionable insights from images and analytics
Slide 17: One Hitachi synergies around the Lumada Growth Cycle
5-1. One Hitachi synergies around the Lumada Growth Cycle Lumada Inspection Insights Energy Trading and Risk Management Software Maintain Plan Prioritize and streamline Identify risks & opportunities to operation remediation to reduce impact and environment Understand the customers’ management chall
Slide 18: Implementing the Lumada Growth Model by digitally-enabled Services
5-2. Implementing the Lumada Growth Model by digitally-enabled Services for System-lifecycle Management © Hitachi, Ltd. 2022. All rights reserved. 17
Slide 19: One Hitachi synergies
5-3. One Hitachi synergies One Hitachi technology and market synergies for even stronger future leadership position • Combination of Hitachi Energy Lumada EAM, FSM & APM*1 with AI for image and video processing from Hitachi Digital, leading to Lumada Inspection Insights • Data integration capabiliti
Slide 20: Hitachi Social Innovation is Powering Good
Slide 21: Cautionary Statement
Cautionary Statement Certain statements found in this document may constitute “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such “forward-looking statements” reflect management’s current views with respect to certain future events and financial