RENEWABLE ENERGY INDIA 2008 EXPO Pragati Maidan, New Delhi

Transcription

1 1 Company memorandum RENEWABLE ENERGY INDIA 2008 EXPO Pragati Maidan, New Delhi 22 of August 2008

2 2 Company memorandum Key Figures Fiscal Year 2006/07 Ł 2.14 billion euros global sales, 76% generated outside of Germany Ł 267 million euros earnings before interest and taxes (EBIT) Ł 296 million euros capital expenditures in property, plant and equipment Ł Production plants and sales offices in 41 countries Ł Approximately 16,700 employees, 6,800 of whom are in Germany

3 3 Company memorandum Segments and Businesses Precision Materials Optical Industries Home Appliances Electronic Packaging* Advanced Materials Home Tech Pharmaceutical Systems Fiber Optics Flat Glass Solar * managed from within Asia

4 4 Company memorandum SCHOTT Business Unit Solar The Business Unit Solar bundles expertise for the economic and ecological use of the sun as nature s greatest source of energy supplies components for both centralized and decentralized electricity generation from the sun s energy SCHOTT Solar GmbH SCHOTT Solar CSP GmbH PV solar electricity components: wafer, cells and modules Receiver for solar thermal power plants

5 5 Business Segment (CSP) Concentrated Solar Power

6 6 Using less than 4% of the area of the Sahara, today's global electricity requirements could be met Compared to other power generation types, the space required is significantly less. Ideal locations are often in dry regions where alternative use hardly comes into question. The space required for solar panels marked with the red squares would theoretically suffice to generate the electrical energy required for the world, Europe (EU-25) or Germany in solar thermal power stations. World (300x300 km) Europe (EU-25) Germany Using 0.2 % of the desert area, it would be possible to cover the increasing requirements of the MENA region for electricity and sea water desalination. Source: Deutsches Zentrum für Luft- und Raumfahrt [German Aerospace Center] (DLR), 2005 MENA: Middle East North Africa

7 7 Solar thermal power stations are ideally suited to the earth's sun belt Sun radiation on the earth The sun belt extends roughly between the 40th northern and the 40th southern degree of latitude, i.e. a high number of sun hours and high radiation intensity Sun energy as a local raw material is available locally and unlimited Ideal locations are in part in regions with a high availability of fitting areas (deserts) Average yearly sun radiation Very good Good Satisfactory Not satisfactory Source: Solar Millennium AG, Erlangen

8 8 Construction and function of a solar thermal parabolic trough power station Collector Normal capacity 50 MWel, 360,000 m² with approx. 15,000 receivers. Electricity for 15,000-25,000 households Current energy efficiency 14-16%, in the future >20%. A heat carrier oil is heated in the solar field, which then flows into a heat exchanger. The steam which drives the turbines is produced there. If required, a supplementary heat accumulator can be connected. Parabolic reflectors Receivers Trough ("Trog") Thermal accumulators enable reliable generation of electricity during the daytime and at night, i.e. supply security and network stability are also supported when the sun is not shining. Source: Solar Millennium AG

9 9 Parabolic trough power stations have been operated successfully commercially for over 20 years now and have proven themselves technically Currently, nine hybrid solar thermal power stations are running SEGS I 14 MWel Since 1984 SEGS II 30 MWel Since 1985 SEGS III 30 MWel Since 1986 SEGS IV 30 MWel Since 1986 SEGS V 30 MWel Since 1987 SEGS VI 30 MWel Since 1988 SEGS VII 30 MWel Since 1988 SEGS VIII 80 MWel Since 1989 SEGS IX 80 MWel Since 1990 Their total capacity: 354 MWel

10 10 Nevada solar one in the USA and Andasol 1 in Spain are the first commercial projects since 1990 Reference projects for solar thermal power stations Nevada solar one, USA Size: 64 MWel, solar only Start of work: February 2006 Commissioning: June 2007 Andasol 1, Spain Size: 50 MWel, 7.5 hours' storage Start of work: July 2006 Commissioning: October 2008 Europe's first parabolic trough power station

11 11 Studies forecast the solar thermal power station market dynamic developments Market forecasts for solar thermal power stations Cum. installed solar thermal power stations (GWel) GWel 10.0 Sarasin cumulated (2007) Greenpeace/ESTIA cumulated (2005) WestLB estimate cumulated (2007) Opportunities for the CSP market: Subsidy for solar thermal power plants in Spain and the USA Increased number of planned power stations Solar thermal power stations as a cornerstone in the regenerative energies mix Long-term replacement of fossil and nuclear power stations possible The most efficient and best value industrially tried and tested solar technology SCHOTT Solar expectations SCHOTT's market expectations are higher than current market studies The estimate is based on current customer planning

12 12 The Spanish market driver: Feed In-Tariff Spain: Feed in-tariff 0-25 years: 26,94 ct/kwh < 25 years: 21,55 ct/kwh Valid for 500 MW installed capacities. If 425 MW are on-grid, a transition period will be announced in which all plants being terminated within this period will get the same tariff. The maximum size of a CSP-plant in Spain is limited to 50 MW

13 13 The US market driver: Renewable Energy Portfolio (RPS) and Investment Tax Credit (ITC) Federal 30% Investment Tax Credit needs to be extended until 2016 DOE R+D budget is finally awakening States CA Carbon legislation and higher RPS will create a huge market for CSP Significant expansion of the RPS in the Southwest Other favorable policies emerging State Renewable Energy Requirements (RPS) California 20% by 2010 and plans to increase to 33% by 2020 Arizona 15% by 2025 Nevada 20% by % Solar New Mexico 20% by 2020 Colorado 10% by 2015

14 14 SCHOTT PTR 70 - Receiver for Parabolic Troughs Ł Development Ł Technology leader, best performance Ł Market introduction in 2006 AR-coated cover tube with high transmittance solar transmittance 96% high abrasion resistance Robust glass-to-metal seal new material combination with matching coefficients of thermal expansion Steel tube absorber with highly selective coating solar absorptance 95% emittance C High durability Design with reduced bellow length active length > 96% Vacuum insulation pressure < 10-3 mbar maintained by new getter assemby

15 15 Due to their market positioning, SCHOTT Solar is a neutral partner for all involved in the project Value added structures and competitive surroundings (except) for solar thermal power stations Project developer Owner EPC 1) Operator Solar field Power station block Engineering Components Construction Engineering Components Construction Trough Receivers Mirror 1) Engineering procurement construction

16 16 SCHOTT Solar CSP GmbH Ł Headquarter in Mitterteich / Germany

17 17 1. Expansion: SCHOTT Solar S.L. High Demand in Spain Ł production-plant Aznalcollar / Spain Ł 2nd and 3rd production line close to project sites Ł production start 2nd line: March 2008

18 18 2. Expansion: Albuquerque, NM has been chosen to host the new US site for the production of PV Modules and Receiver Washington Oregon Idaho Montana Wyoming North Dakota South Dakota Minnesota Wisconsin Michigan New York Vermont Maine New Hampshire California Nevada Utah Arizona Colorado Albuquerque New Mexico Nebraska Kansas Oklahoma Texas Iowa Missouri Arkansas Louisiana Illinois Indiana Mississippi Kentucky Tennessee Alabama Pennsylvania Ohio 4 7 West Virginia65 Georgia North Carolina South Carolina Florida Virginia

19 19 Capacity development receiver production Gross production capacity in MWel (end of FY) Location Line Capacity (MWel) FY 2007 FY2008 FY 2009 FY 2010 FY 2011 Mitterteich, D R1 200 Sevilla, ES R2 200 Sevilla, ES R3 200 Albuquerque, USA R4 200 Albuquerque, USA R5 200 open R6 200 Total Receiver (MWel)

20 20 Parabolic trough technology dominates the solar thermal power station market Alternative solar thermal power station technologies Parabolic troughs Solar tower Fresnel Dish-Stirling Market maturity and economy lastingly proven, excellent eco balance (approx. 5 months), less space required than for wind power Electricity cost prices: 2006: 16.2 ct/kwh, 2020: approx. 10 ct/kwh Market shares: 2007: 97%, 2010: approx. 95% Sun radiation is focused on a central heat exchanger in a 50m to 150m high tower. The first commercial power station, in operation for a few months (PS10, Spain 10 MWel) Electricity cost prices: 2006: 16.9 ct/kwh, 2020: approx. 10 ct/kwh Market shares: 2007: 2007: 3%, 2010: < 3% First test installation in Spain, high expectations no proof so far, efficiency 50-70% compared to the parabolic trough Electricity cost prices (theoretical): 2006: 14.9 ct/kwh, 2020: approx. 10 ct/kwh Market shares: 2007: 2007: 0%, 2010: < 2% Focusing the sun on parabolic mirrors, electricity generation using Stirling motors, First prototypes in Spain, high space requirements Electricity cost prices: 2006: 19.3 ct/kwh, 2020: approx. 13 ct/kwh Market shares: 2007: 0%, 2010: 0% Sources: Electricity cost prices, Ecostar, 2004; Market shares: Photon, 2007

21 21 Summary of Concentrated Solar Power (CSP) business CSP is ideally suitable for central electricity generation in sunny regions. Technology has a proven track record of more than 20 years; now there is a renaissance with the pilot projects Andasol 1 in Spain und Nevada Solar One in the US. Market studies show a tremendous growth potential. Already today CSP is competetive with peak load electricity costs. SCHOTT Solar achieved with its product Receiver technology- and market leadership and will secure this position. SCHOTT Solar has access to special glass tubing, possesses coating technology and patents. We focus on R&D, production and sales of the key component Receiver for CSP plants. This makes us a reliable partner for our customers.

22 22 Thank you for your attention! Contact Thank you for your attention! Contact SCHOTT Solar CSP GmbH Florian Höcht SCHOTT Solar CSP GmbH Key Florian Account Höcht Manager Key Account Manager Erich-Schott-Straße Erich-Schott-Straße Mitterteich, Germany phone: +49(0)9633/ phone: +49(0)9633/ Page 22 of 31