Energy sector case examples Dr Heli Antila, CTO Fortum Global Cleantech Conference,, 9 September, Helsinki
Low Efficiency High Efficiency Energy is an enabler Solar Economy Solar based production with high overall system efficiency Hydro Sun Oil Traditional Exhaustible fuels that burden the environment Coal Gas CHP Advanced Energy efficient and/or low-emission production CCS Geothermal tomorrow today Bio Ocean Storage Demand Response Wind Active Consumer Smart applications Interconnectors High Emissions Emission free 2 Copyright Fortum Corporation All rights reserved by Fortum Corporation and shall be deemed the sole property of Fortum Corporation and nothing in this slide or otherwise shall be construed as granting or conferring any rights, in particular any intellectual property rights
Low Efficiency High Efficiency Energy is an enabler 1. Solar Economy Solar based production with high overall system efficiency Hydro Sun Oil Traditional Exhaustible fuels that burden the environment Coal Gas CHP Advanced Energy efficient and/or low-emission production CCS Geothermal tomorrow today Bio Ocean Storage Demand Response Wind Active Consumer Smart applications 2. Interconnectors 3. High Emissions Emission free 3 Copyright Fortum Corporation All rights reserved by Fortum Corporation and shall be deemed the sole property of Fortum Corporation and nothing in this slide or otherwise shall be construed as granting or conferring any rights, in particular any intellectual property rights
From R&D initiative to investment Case pyrolysis oil production 1. First pilot 2001 ( stand alone type ) Market was not ready (low oil price, no price for CO 2 ) Feasibility studies 2007-2008 Market outlook getting more favourable for CO 2 lean solutions (e.g. EU 20-20-20 targets) Fortum joins R&D consortium with Metso, VTT and UPM in 2009 Strong partners with natural roles, CHP integrated technology Pilot testing in Metso laboratory supported by VTT, combustion testing in Fortum heating plant 2009 2011 Investment decision for a demonstration plant in February 2012 Pyrolysis oil production started in Joensuu at Q4 / 2013 Fortum, UPM and Valmet start developing technology to produce advanced high value lignocellulosic fuels, such as transportation fuels or higher value bio liquids Q1/2014 -> 4
Wave power three different technologies 2. Wave power has potential to cover 10 % of global power consumption Seabased Wave power is now in demonstration phase Full-scale demonstration project in Sweden in co-operation and using technology by Seabased, power generation to grid is estimated to begin during 2015 The plan is to start the demonstration with one Penguin unit with the capacity of 1MW during 2016 in Great Britain AW-Energy has been operating its pilot wave energy power plant in Portugal since 2012 and plans to deploy a full scale commercial power unit utilizing WaveRoller near shore technology during 2016 Wello* Penguin AW Energy* Waveroller 5 *Fortum is shareholder in the company
Smarter use of energy calls for good market design 3. Services making the consumers active market participants Electricity Supply Grid Taxes & fees The energy services need to be attractive and easy-to-use for the customer, despite of increased complexity Retail market design that supports energy services Other energy sources Demand Response Micro production Electric Vehicle Simple customer interface - Service and information through one interface Market driven service development - Clear roles, DSOs only market facilitators Easy access to data - Smart metering, data hubs Efficient, customer-oriented energy services require a holistic view on the customers energy use, costs and environmental footprint Customer interface digitalisation Local storage Other Level playing field - All commercial players: Incumbents/new entrants, integrated/ independent,...)
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