Electric Car Charging Solutions

Transcription

1 Electric Car Charging Solutions

2 Do You Have a Place For Me to Charge My Car?? Kevin Mull Vice President EV Solutions SPX Arun Banskota President NRG / evgo

3 Why the Excitement? 2000 Mercedes S450 Miles Driven = 3,500 Avg MPG = 17 Avg. Cost/Mile = $0.23 Est. Cost of Operation $ Chevy Volt Miles Driven = 3,500 Avg MPG = 143 Cost / Mile = $0.05 Est. Cost of Operation $ Operational Savings of $631.81

4 The EV s Are Here... Are We Ready? Kevin Mull, Vice President EV Solutions

5 The EV Opportunity Forecast of Electric Vehicles Coming to Market by Year ( ) EVs Coming to the US Market by Year (based on OEM announcements) 1.6 million 1.4 million 1.1 million 0.9 million 0.5 million 0.7 million 0.4 million 0.3 million 0.0 million 0.1 million Auto OEMs plans indicate the market for electric vehicles is on trajectory to be a large opportunity

6 SPX Corporation Developing critical infrastructure for a world In transition HQ: Charlotte, NC 2011 Rev: ~ $5.4B Fortune 500: # 460 NYSE: SPW 3 End Markets: Infrastructure Process Equipment Diagnostic Solutions Thermal Equipment & Services Flow Industrial Test & Measurement

7 EV Solutions Overview Home Charging Charging Affiliations Commercial Charging

8 EV Solutions Overview Over 10,000 charge stations sold in North America Approximately 2,000 residential and commercial charge stations installed globally Charge stations sold and installations performed on 3 continents Over 15,000 consumer-related contacts per month Network of over 800 independent electricians in the U.S. and Canada

9 PEV Proliferation In the Market Today Coming Soon: Tesla Model S Toyota RAV4 EV Nissan Leaf Chevy Volt Toyota Plug-in Prius BMW ActiveE Mitsubishi i MiEV smart fortwo Electric Ford Fusion Energi Ford Focus Electric

10 Chevy Volt / Nissan Leaf Chevy Volt Sales Nissan Leaf US Sales 2,289 Volts Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Source: Automotive News

11 Total Volt and Leaf Sales 25,000 20,000 15,000 Chevy Volt Sales Cumulative Nissan Leaf US Sales Cumulative Total Leaf + Volt 23,013 10,000 5,000 - Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Source: Automotive News

12 PEV Sales vs Fuel Prices $3.92 / Gal Cumulative Volt + Leaf Sales Sources: Automotive News / Bloomberg News

13 U.S. Sales: Not just a Regional Fad # of PEV s Source: R.L. Polk

14 Charging Behavior / Preferences

15 SPX Power Xpress Charging Technologies Wall-mount L2 / 240V Bollard L2 / 240V DC Fast Charger 480V

16 Moving Clean Energy Forward Arun Banskota, President

17 Safe Harbor Statement This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of Forward-looking statements are subject to certain risks, uncertainties and assumptions and typically can be identified by the use of words such as expect, estimate, should, anticipate, forecast, plan, guidance, believe and similar terms. Such forward-looking statements include NRG s electric vehicle ecosystem developments. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the power industry, receipt of federal loan guarantees, additional partnering relationships, competition in electric vehicle markets, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the wholesale power markets, changes in government regulation of markets and of environmental emissions, the condition of capital markets generally, and our ability to access capital markets. NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause NRG s actual results to differ materially from those contemplated in the forward-looking statements included in this Investor Presentation should be considered in connection with information regarding risks and uncertainties that may affect NRG's future results included in NRG's filings with the Securities and Exchange Commission at

18 The EV Opportunity Nissan Leaf Shipping Toyota RAV4 EV Available 2Q 2012 General Motors Volt Shipping Toyota Plug In Prius Available 2Q 2012 Mitsubishi i-miev Limited Availability BMW ActiveE Limited Availability 1Q 2012 Ford Focus Electric Available 2Q 2012 Smart EV Limited Availability Tesla Model S Available 2Q 2012 Tesla Roadster Shipping

19 EVs Already Have the Lowest Total Cost of Ownership

20 EVs: Providing National Security While Helping Reduce the Deficit Oil-producing nations are the 4 th -largest holders of US debt 60% of the US trade deficit is due to foreign oil ($1 billion/day) Billions of USD $400 $350 $300 $250 $200 $150 $100 $50 $0 Source: RAND $339 billion Dollars exported for oil (2010) $75 billion Costs of defending US oil interests (2010) $1 billion EV subsidies

21 150 Miles in an EV Cleaner Air No Matter the Generation Source 700 Grams of pollutants emitted by various power sources per 150 miles of travel 600 g / 150 miles VOC PM CO CO2 (kg) SOx NOx 0 US Grid Texas Grid 100% Coal 100% Natural Gas 100% Oil Solar / Wind / Hydro / Nuclear Power source CNG Gasoline Gasoline Includes emissions from upstream processes (refining, E&P, transportation, etc.) 2 Excludes emissions from upstream processes (refining, E&P, transportation, etc.) Assumes 25 mpg, 4 mi/kwh, and grid electricity fuel weights allocated by actual MWh produced. CO 2 shown in kilograms for readability and comparison purposes Abbreviations: Compressed Natural Gas (CNG), Volatile Organic Compounds (VOC), Particulate Matter (PM includes both PM2.5 and PM10), Carbon Monoxide (CO), Carbon Dioxide (CO 2 ), Sulfur Oxides (SO x ), Nitrogen Oxides (NO x ) Sources: EPA National Emissions Inventory, Federal Highway Administration, Bureau of Transportation Statistics, Department of Energy (Alternative Fuels Data Center)

22 NRG Overview NRG Wholesale NRG Retail Fuel Supply Fuel Transportation Power Generation Transmission Distribution Retail (Customer) Company Facts: Fortune 500 Ranked 13 th Fastest Growing Company (2011) Fortune 500 Ranked 5 th Largest in the Energy Industry (2011) Clean Energy Initiatives: On-shore Wind: 450 MW in operation NRG Solar: 63 MW with >2,000 MW ($1.5+ billion) announced SunCap: Distributed residential rooftop solar evgo We continue to expand our renewable/green projects (Wind, Solar) NRG Wholesale Generation totaling 25,135 MW (545 MW renewable) We Understand the Grid, Infrastructure & Challenges NRG brings proven operations and development expertise in addition to solid financial backing evgo EV Ecosystem (cross-rep/cross-utility) Reliant Energy Serves 1.6 million customers Green Mountain Energy Serves 300,000 customers EnergyPlus Serves 190,000 customers ev2g EV-grid interactions

23 Addressing EV Adoption Barriers Adoption Barriers Range Anxiety Solutions (1) Metro-wide network of charging stations equipped with DC fast chargers (2) Workplace charging programs that can augment home charging Upfront Cost (1) Upfront cost of equipment and install is amortized into monthly fee with tax benefits included (2) Cost-effective options for placing primary charger at workplace or residential community Cost of Ownership (1) Fixed monthly cost across the expected ownership period for hardware, install, network access and electricity

24 evgo s Expanded Ecosystem Approach Residential Parking Community Parking Retail Parking Retail Convenience Charging Rapid Charge Pathway Station Fast Charging Utilities & Electric Providers Workplace Parking Charger OEMs Auto OEMs & Dealers Multi-Family Charging Single-family Home Charging Workplace Charging evgo s total solution approach reflects our focus on the overall needs of the EV driver California (San Francisco & Los Angeles first) Public Parking & Roadways Houston Dallas / Fort Worth Washington, DC area

25 The Complete Charging Site Retail Opportunities (Drug Store, Grocery Store, etc.) Customer Service Tower Well-lit Good Freeway Access (0.5 mi) Reserved parking spots (1 per charger) Level 2 Charger DC Charger Expandable to 2 DC Chargers

26 evgo s Complete Charging Ecosystems (Houston)

27 Typical Garage EV Charging Expensive upfront capital costs One parking spot with one charging station No real solution for EV drivers Opportunity cost of lost parking revenues No promotion or expansion plan Risk of parking space retaliation

28 Ready For EV (REV) Program Multifamily Communities Hot Amenity Low-cost / Risk Scalable Visible Ready-to-Deploy Host funds the electrical make-ready of the facility Potential EV buyers see signage of the available EV opportunity everyday Parking spaces available for all to use while EV adoption ramps-up Host does not own, install, maintain, or support the chargers Energy consumed by subscribing residents is rebated back to property owners electric bill

29 Ready For EV (REV) Program Multifamily Communities Ready for EV Spaces - Utilized Ready for EV Spaces - Not Utilized

30 Consumer Offers REV Multifamily and REV Workplace 4 Plans to Choose From REV Primary REV Complete REV Supplemental On-The-Go Plan Installation of a charger at your home community Installation of a charger at your home community Installation of a second charger at a secondary site evgo pays for all charging at evgo public chargers Service and maintenance of the charger at your home community evgo pays for all of your charging at your REV charger* Service and maintenance of the charger at your home community evgo pays for all charging at your REV charger* evgo pays for all charging at evgo s public chargers Service and maintenance of the charger at your secondary site evgo pays for all charging at your REV charger* $59/month From $79/month From $29/month $39/month * Payment may be limited to off-peak fueling only; Supplemental Plan is $29/month when combined with a REV Complete Plan, $39/month when combined with REV-Primary All 12-month contracts 75% of consumers choose plans with Network access >80% evgo close rate on residential assessments

31 Current evgo Partners REV Programs 1 PN2 Ltd. Retail Hosts Auto OEMs Power Providers Other

32 APPENDIX

33 Next Steps Contact Brian Moorhead (Manager REV Multifamily) of evgo (cell) (office) Determine communities where EV Charging makes sense evgo to assess infrastructure cost at each existing community Owner to provide site map or parking garage layout in PDF format Finalize location of EV parking spaces Begin contract review and negotiation

34 Types of EV Charging Charger Type Power Demand Equivalent Power Demand L1 15A = 1.6 kw (6 mi/hr) < $1K installed Home Dock L2 (a)* 15A = 3.3 kw (12 mi/hr) $2-15K installed -or- + L2 (b)* 30A = 6.6 kw (24 mi/hr) $2-15K installed + -or- + + DC 480V 68A = 50 kw (180 mi/hr) $75-150K installed XXX * L2(a) and L2(b) based on the car capabilities as opposed to charger limitations

35 California $40 MM to install a minimum of 10,000 stubs at a minimum of 1,000 sites To be located at multi-family dwelling units, workplaces and selected public interest facilities: Community college and CSU campuses, public or non-profit hospitals Stubs become property of the building owner NRG s has the exclusive right to provide services on the stubs for 18 months after which non-nrg providers could offer services

36 35% The Effects of Educating Consumers 1 Likelihood of purchasing an EV 60% Effect of learning about evgo 30% 50% 55% 25% 40% 20% 15% 32% 24% 32% 30% 10% 11% 20% 23% 5% 2% 10% 0% Definitely will consider Probably will consider Might or might not consider Probably will not consider Definitely will not consider 0% Likely to purchase an EV BEFORE learning about evgo Likely to purchase an EV AFTER learning about evgo 40% Likelihood of purchasing an evgo plan 70% Most-liked features of evgo plans 35% 30% 25% 20% 15% 26% 34% 26% 60% 50% 40% 30% 61% 57% 50% 49% 10% 20% 5% 0% Definitely would purchase a charging plan Probably would purchase a charging plan Might or might not purchase a charging plan 9% Probably will not purchase a charging plan 1% Definitely will not purchase a charging plan 10% 0% DC fast charge availability Access to network fast-charge plan at fixed monthly price Avoid up-front cost of installation Ability to fix fueling costs for the next 3 years 1 Source: evgo surveys