Dresser-Rand s SMARTCAES Compressed Air Energy Storage Solutions TM R.I.H Le Havre, France September 12 th, 2013 Nicolas SAMSON Director Process Innovation European Operations
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Agenda Dresser-Rand Company Overview CAES : Compressed Air Energy Storage What is CAES? Our CAES McIntosh Experience Dresser-Rand s SMARTCAES Solution World Class Booking - APEX 3
Company Overview The company reported approximately $2.7 billion in revenues in 2012, with 96% generated from energy infrastructure (oil, gas and environmental solutions) Revenue By Segment Year Ended 12/31/12 52% 48% New Units Middle East/ Revenue By Destination Year Ended 12/31/12 Asia Pacific/ Southern Asia 15% Environmental Revenue By End Market Year Ended 12/31/12 Other 21% 4% Africa 11% North 30% 33% America Oil & Gas Production Aftermarket Parts and Services Europe 25% 16% Latin America Refining and Chemical 31% 14% Gas Transmission 4
Since 1840 5
Products for Oil & Gas Markets 5200 barg 75,000 1000 barg Discharge Pressure (psi) 10 barg 15,000 1,500 150 1 Process & Separable Recip Clean Fuels Refining CNG Gas Transmission Hydrogen Single-Stage Steam Turbine Multi- Stage Steam Turbine PDI DATUM (HP) Gas Reinjection DATUM ICS Recip DATUM Axially Split Pipeline Booster Boil-Off LNG COPPUS Portable Ventilators Upstream Midstream Downstream VECTRA Centrifugal FCC Expander Ethylene GTL Axial 50 500 5,000 50,000 500,000 14m3/min Inlet Volume (cfm) 6
Products for Oil & Gas Markets On-shore O&G Experience CAES LNG Off-shore Turbine-Generator Sets Gas Turbines Controls Controls Steam Turbine Main Engines High-Efficiency Turbo Compressors 7
Agenda CAES What is CAES? Our CAES McIntosh Experience Dresser-Rand s SMARTCAES Solution 8
What is CAES? Compressed Air Energy Storage (CAES) is a way to store energy generated at one time through compressed air for use at another time At utility scale, energy generated during periods of low energy demand (off-peak) can be released to meet higher demand (peak load) periods Technology well suited : When electricity price varies during day For irregular power generation system (wind energy) 9
What is CAES? Electricity Air Compression Air Storage Air Expansion Electricity 10
What is CAES? Electricity Consumption Air Compression Air Storage Off-Peak Operation or Power Generation Energy Storage Air Expansion 11
What is CAES? Air Compression High Peak Operation Or Power Delivery Energy Release Air Storage Air Expansion Electricity Generation 12
Air Storage Options Salt cavern : Created by solution mining salt formations Most understood media Hard rock cavern (not practical) : Created by mining of solid rock Aquifers (least expensive) : Fractured rock or porous sandstone provides space Man-made vessels (very expensive) 13
CAES Single Train Arrangement Mezzanine Mounted Exhaust Stack 14
How Does CAES Work? Dresser-Rand SMARTCAES Compression Cycle *Typical example based on 1200 psia mean storage pressure (83 bara) 15
How Does CAES Work? Dresser-Rand SMARTCAES Generation Cycle *Typical example based on 1200 psia mean storage pressure (83 bara) 16
CAES Operating Characteristics Rapid start: Power generation - <10 minutes to rated output Compression - <5 minutes to rated flow & pressure High ramping rates High turn-down ratios 3 modes of operation : Compression Power generation Synchronous condensing 17
A Brief History of CAES 1978 - Huntdorf CAES Plant commences operation 1986 - Dresser-Rand - EPRI joint project to develop CAES machinery solutions 1988 - Work commenced on PowerSouth s McIntosh CAES plant (previously Alabama Electric Cooperative) 1991 - McIntosh CAES Plant first commercial operation Present Renewed interest in CAES : Energy price volatility Large scale renewable energy implementation Grid reliability concerns 18
PowerSouth McIntosh CAES Site McIntosh, AL * Formerly, Alabama Electric Co-Op (AEC) Plant located near Mobile, AL 19
PowerSouth McIntosh CAES Installation Compression Power Generation 20
D-R s McIntosh CAES Experience Dresser-Rand supplied all rotating equipment : Compressors, turbo-expanders, and auxiliaries Engineered, designed, manufactured, tested, commissioned In its 23 rd year of successful operation Provide field service and tech support since 1991 D-R s CAES team : Many of the original McIntosh project management, engineering, and support personnel are still with D-R Most of the original McIntosh suppliers and/or their successor companies are still key suppliers to D-R 21
D-R s McIntosh CAES Experience First commercial operation May, 1991 Generation (as of mid 2012) : 12,407 hours 3,969 total starts Compression (as of mid 2012) : 13,476 hours 2,492 total starts Over 650 thousand MW-Hrs of generation to date 22
CAES Benefits Energy price arbitrage Black start capability Supports renewable energy integration : Prevent curtailment at times of peak renewable output Dispatchable capacity Transmission capacity management 23
D-R SMARTCAES Solution D-R supplies & warrants the complete power island : All rotating equipment : Turbo-expanders with integrated combustion system Motor, generator (or combination motor/generator) Compressors SSS clutches Heat exchangers, recuperator, intercoolers, aftercooler Pollution abatement - SCR system w/co catalyst Plant controls and auxiliaries Project Management Performance, emissions, operational guarantees Services - Long term service & support 24
D-R WORLD CLASS CAES Booking Press Release on D-R Web Site (Investors Section) 25
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