Wartsila Oyj Abp · OMXHEX:WRT1V
Wartsila Oyj Abp — Wärtsilä — Investor Day (May 2018)
14 slides from Wartsila Oyj Abp's investor day presentation, May 31, 2018
Slide 1: Energy Solutions: Engines and Storage Are Unlocking a 100% Renewable Energy Future
ENERGY SOLUTIONS: ENGINES AND STORAGE ARE UNLOCKING A 100% RENEWABLE ENERGY FUTURE Javier Cavada, President, Energy Solutions & Executive Vice President 1 © Wärtsilä PUBLIC 31 May 2018 Javier Cavada
Slide 2: Global power industry trends
EUROPE Low fuel costs Mature stable grids Global power industry trends High renewables penetration NORTH EAST ASIA Diverse range of advanced De-carbonisation energy policy tools – set at EU level, applied at country level High renewables penetration Mostly mature stable grids NORTH AMERICA Low gas p
Slide 3: There is significant potential in renewable energy to cover demand
There is significant potential in renewable energy to cover demand Engines and storage will provide the required reliability and ensure affordable cost of power systems Ocean Thermal energy conversion Estimate of the finite total energy reserves vs the potential from renewables per year. Source:Atmo
Slide 4: Wind and solar cumulative installed capacity will increase from 14% to 47% by 2040
MARKET OUTLOOK Wind and solar cumulative installed capacity will increase from 14% to 47% by 2040… Engines and storage enable the transition Annual gross capacity additions (GW) 2017-2040 700 600 500 400 302 292 333 292 320 260 263 276 300 225 87 94 168 196 79 74 150 200 74 86 97 115 118 83 86 111 1
Slide 5: Supported by growing flexible capacity
MARKET OUTLOOK …supported by growing flexible capacity Annual gross capacity additions (GW) 2017-2040 80 70 60 50 40 30 20 10 0 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 Other flexible capacity Battery Other flexible capac
Slide 6: The optimal path towards 100% renewable energy system
CASE PHILIPPINES The optimal path towards 100% renewable energy system 85% 80% RES RES 60% RES 20% RES 64 271 50 572 MW Storage: 44 000 MWh 37 321 MW Storage: 24 000 MWh 24 735 MW Storage: 4 328 MWh Storage: 0 MWh Installed capacity Renewables Baseload gas Coal Flexible gas Source: Wärtsilä Energy S
Slide 7: The optimal path towards 100% renewable energy system
CASE PHILIPPINES The optimal path towards 100% renewable energy system Biogas, 100% synthetic gas 80% RES RES 60% RES 20% RES 64 271 50 572 MW Storage: 44 000 MWh 37 321 MW Storage: 24 000 MWh 24 735 MW Storage: 4 328 MWh Storage: 0 MWh Installed capacity Renewables Baseload gas Coal Flexible gas So
Slide 8: Renewable share progression: RES 0% to 50%
RES 0% RES 10% RES 20% RES 30% RES 40% RES 50% Good old days WE ARE HERE Tipping point RENEWABLE ENERGY Renewables expensive Renewables reach grid parity compared to fossil fuels with traditional generation INFLEXIBLE GENERATION Majority of energy produced Increasing intermittent load by inflexible
Slide 9: Renewable share progression: RES 60% to 100%
RES 60% RES 70% RES 80% RES 90% RES 100% Renewables as baseload Final push RENEWABLE ENERGY Renewables become Excess renewable energy seen as new baseload raw material for other commodities (power to gas, fuel, water and food) INFLEXIBLE GENERATION No role for inflexible generation FLEXIBLE GENERATI
Slide 10: Energy Solutions: the leading energy system integrator
ENERGY SOLUTIONS THE LEADING ENERGY SYSTEM INTEGRATOR ENGINE POWER ENERGY STORAGE RENEWABLES GAS PLANTS AND INTEGRATION INFRASTRUCTURE Ultra-flexible internal Utility-scale energy storage Utility-scale solar power Small and medium scale combustion engine solutions and advanced plants, solar-engine,
Slide 11: Tucson Electric Power, Arizona
TUCSON ELECTRIC POWER, ARIZONA LARGE INVESTOR-OWNED UTILITIES ARE INVESTING IN SMART POWER GENERATION TOGETHER WITH ENERGY STORAGE • Wärtsilä was selected to provide a Smart Power Generation natural gas power plant with up to 200 MW of capacity • Greensmith Energy provided 10 MW/2.5 MWh energy stora
Slide 12: AGL Energy Limited, Australia
AGL ENERGY LIMITED, AUSTRALIA THE FIRST UTILITY-SCALE RECIPROCATING ENGINE POWER • Wärtsilä will deliver a 211 MW Smart Power Generation PLANT IN AUSTRALIA’S NATIONAL power plant to AGL ELECTRICITY MARKET • Flexibility of our power plants is a key enabler for utilities in an electricity market with
Slide 13: Our smart energy vision
Our smart energy vision The energy landscape is in transition towards more flexible and sustainable energy systems. We envision a 100% renewable energy future. Wärtsilä is leading the transition as the Energy System Integrator – we understand, design, build and serve optimal power systems for future
Slide 14: Thank you
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