FuelCell Energy, Inc. · NASDAQ:FCEL
FuelCell Energy — Investor Presentation (March 2012)
14 slides from FuelCell Energy's investor presentation, Mar 19, 2012
Slide 1: Ministry of Knowledge and Economy, March 19, 2012
March 19, 2012 Ministry of Knowledge and Economy 1
Slide 2: Contents
Contents Ⅰ RPS Background Ⅱ Renewable Energy Policy(Generation part) Ⅲ RPS Scheme Ⅳ Implementation Plan for RPS 2
Slide 3: RPS Background
RPS Background Ministry of Knowledge and Economy Present Situation Development Process The 2ndRenewable Energy Plan Dec. 2003, RPS proposed Green Energy Strategy (VIP) Sep. 2008, RPS clarified The 3rd Renewable Energy Plan Dec. 2008, RPS Adopted We decided to introduce Renewable Portfolio Standard (
Slide 4: Renewable Energy Policy (Generation part)
Renewable Energy Policy(Generation part) Ministry of Knowledge and Economy Renewable Portfolio Compulsory Obligation Standard (RPS) To Electric Generation Companies Voluntary Arrangement Renewable Portfolio Between Government & Public Enterprise Agreement (RPA) to develop Renewable facilities Abolit
Slide 5: RPS Scheme - Concept
RPS Scheme - Concept Ministry of Knowledge and Economy □ An Obligation for the Electricity Suppliers to supply arranged portion of generation by the Renewable Energy Resource Generation Arranged portion Renewable Energy 1,000,000 MWh/year 2%(in 2012) 20,000MWh Electricity Supplier National RPS Requi
Slide 6: RPS Scheme - Organization
RPS Scheme - Organization Ministry of Knowledge and Economy MKE (Government) KEMCO KERI (Management Organizer) (Research Laboratory) Electricity Supplier ·················· ··· Electricity Supplier RPS Obligator : 13 Electricity Supplier 6
Slide 7: RPS Scheme - Process
RPS Scheme - Process Ministry of Knowledge and Economy - Concerning the Scope Settle Object - Electricity Enterprises - Nation target posting(%, kWh) Set up RPS Goal - Allocation to the entries REC Issuing Body Compliance - Way: Producing, Purchasing, Buying REC - Holding REC REC Trading Market Noti
Slide 8: RPS Scheme - Target
RPS Scheme - Target Ministry of Knowledge and Economy Compliance Target Year ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 ‘18 ‘19 ‘20 ‘21 ’22~ Portion(%) 2.0 2.5 3.0 3.5 4.0 5.0 6.0 7.0 8.0 9.0 10.0 0.5%p ↑ 1.0%p ↑ Set aside 1. Apply to the solar energy(Photovoltaic) 2. Obligation amount of set aside Year 2012 2013 2014
Slide 9: RPS Scheme - Resources
RPS Scheme - Resources Ministry of Knowledge and Economy Eligible Resources ◈ Apply to the Renewable Energy sources that - can be verified its technology and cost - can be expected the effect of commercialization ◈ Not all the Renewable Energy ■ PV, Wind, Hydro, Tidal ■ Biogas, LFG(Landfill gas), Bi
Slide 10: RPS Scheme - Multipliers
RPS Scheme - Multipliers Ministry of Knowledge and Economy Multipliers RPS MARKET MECHANISM → COST EFFECTIVE TECHNOLOGY DIFFUSION Multiplier COORDINATE ITS ECONOMIC VALUE BY MULTIPLY SOME VALUES ◇ Based on the comparative technology value Concept (not on the absolute technology value) Evaluation ① E
Slide 11: RPS Scheme - Multipliers
RPS Scheme - Multipliers Ministry of Knowledge and Economy Multipliers Separate Market Solar General Renewable Solar Energy Wind Quantitative Tier0 0.25 Hydro Tier1 0.7 Metric - Economics of Bio Tier1 0.5 The Technology Tier2 1.0 Fuel cell IGCC Tier2 1.0 Tier3 1.2 Qualitative Metric Waste - Environm
Slide 12: RPS Scheme - Multipliers
RPS Scheme - Multipliers Ministry of Knowledge and Economy Multipliers Eligible Resources Grouping Multiplier Installation type Land Type Capacity 5 lands(Rice field, Dry field, Orchard, 0.7 In case of not use Pasture, Forest land) ‘Building and Existing Solar Energy 1.0 Excess 30KW Facilities’ Othe
Slide 13: Implementation Plan for Korea's RPS
Implementation Plan for Korea’s RPS Ministry of Knowledge and Economy Dec. 2010 Revise a Legislation To implement RPS policy Korea’s Ministry of Knowledge Economy(MKE) Total Operation System (Korea’s RPS) Set up an Agency to management for RPS (Korea Energy Management Co; KEMCO) REC Tracking System
Slide 14: Thank you!
nblem Name : SeSe Thank you! KOREA ENERGY MANAGEMENT CORPORATION 14