DONG Energy Wind Power NORWEA Finance Seminar Oslo 30 th -31 st January 2013
|
|
- Caren Wells
- 5 years ago
- Views:
Transcription
1 DONG Energy Wind Power NORWEA Finance Seminar Oslo 30 th -31 st January 2013
2 Long-term vision: To supply reliable energy without CO 2 TODAY'S PRODUCTION FUTURE PRODUCTION 85% 15% 15% 85%
3 DONG Energy has a strong track record in project execution Country Wind park Total MW gross Vindeby 5 5 Tunø Knob 5 5 DE share (MW) 2010 Middelgrunden Turbine and size (MW) Bonus 0.45 Vestas 0.5 Bonus Horns Rev I Frederikshavn Rødsand/Nysted Kentish Flats 90 0 Barrow Burbo Horns Rev II Avedøre 10,8 7,2 Gunfleet Sands I & II Walney I & II Total Vestas 2.0 Vestas 3.0, 2.3, Nordex 2.5 Bonus 2.3 Vestas 3.0 Vestas DONG Energy has pioneered offshore wind and has more than 20 years of experience in developing, constructing and operating offshore wind farms
4 and today DONG Energy is the market leader Ownership interest of selected competitors All figures in MW All figures as of: 15/ Pipeline probability and continuity is one of key success factors in offshore wind DONG Energy has a high quality pipeline in short and medium term Much of competitors' pipeline is long term with relatively low probability Up to 2015 several new players can be expected to emerge Under construction In operation DONG Energy RWE Innogy Vattenfall Centrica E.On Iberdrola Statoil Statkraft SOURCE: DONG Energy Wind Power Offshore database. NOTE: * Potential projects currently under consideration not included. "In operation" includes offshore wind capacity from parks that are fully commissioned. "Under Construction" includes offshore wind capacity from parks that are partly generating, under construction or where final investment decision to construct has been performeddisclaimer: The information and data herein is obtained from vendors and public sources believed to be reliable and is presented in good faith and for general information only. The information is internally validated to reflect our expectations of the market developments.
5 Offshore wind is the fastest growing segment in the energy sector in Europe European offshore wind capacity growth is driven by strong growth in Europe European installed capacity (GW) 37 Added capacity (34.4 GW) The installed capacity is expected to grow from ~3 GW in 2010 to ~37 GW by % 36% This is expected to require app. EUR 130bn of investment in Europe GW % 8% New entrants such as industrial, financial and supply chain players are expected % Other % Governments in large European governments have set ambitious targets for expansion within offshore wind These targets are supported by; High growth markets Percentage represents a country's share of the total European capacity additions Implementation of strong incentive schemes Investment in grid infrastructure Source: Emerging Energy Research forecast, April 2012
6 DONG Energy has a significant portfolio and a strong pipeline of future offshore wind projects IN OPERATION UNDER CONSTRUCTION UNDER DEVELOPMENT Irish Sea Zone Walney 2.5 WoDS Barrow Burbo Walney 1 +2 Westermost Rough Horns Rev 1+2 Lincs Borkum Burbo 2.5 Gunfleet Sands 1+ 2 London Array Riffgrund 1 Borkum Riffgrund 2 London Array 2 Dutch portfolio Borkum Riffgrund West Fécamp Gode Wind 1,2 & 3 Courseulles-sur-mer Saint-Nazaire Hornsea Heron & Hornsea Njord Anholt Middelgrunden Nysted Our offshore wind projects are centred around key North western Europe UK Germany Denmark
7 Significant achievements made in to build the platform for further growth of the offshore wind business Examples (non-exhaustive) Strong progress in projects Strengthening the value chain position Final investment decisions for Walney 1-2, London Array, Anholt, Borkum Riffgrund I and West of Duddon Sands (total of more than 2,100 MW) Final investment decision for SEA installer 1 & 2, purpose built installation vessels Horns Rev 2 (209 MW), Gunfleet Sands (172 MW) and Walney 1 (184 MW) on stream Securing ~ 6 GW of project rights (Round 2.5, and Round 3 in the UK plus German rights) World largest sourcing agreement with Wind Power regarding supply of turbines Framework agreements with Bladt Industries (foundations) and with Nexans (array cables) Acquisition of Danish offshore installation vessel company A2SEA securing offshore competencies and access to vessels ( co-owner) Equity position in CT Offshore, a specialised cable installation company High degree of partnership activities Divestment of a number of offshore wind projects: Gunfleet Sands 1-2 to Japanese Marubeni (49.9%) Anholt to PensionDanmark and PKA (50%) Walney to SSE (25.1%) and PGGM and Ampere Equity Fund (24.8%) Nysted to PensionDanmark (50%) and Stadtverke Lübeck (7.25%) Borkum Riffgrund I to KIRKBI A/S (32%) and William Demant Invest A/S (18%) Together with Project Ventures acquiring a 50% share in Lincs (270 MW) Focusing the business through sale of onshore wind assets and hydro power Organisation New Wind Power organization in place to manage further growth and to integrate all parts of the offshore wind value chain
8 Zephyr in brief Unique opportunity to enter the Nordic wind power market Background Investment highlights Zephyr AS is a Norwegian wind power company founded in 2006 with the purpose of acquiring, developing and constructing a portfolio of onshore wind farms in Southern Norway Zephyr plans to spin-out each project in SPVs when concession (key project consents) is obtained As part of DONG Energy Wind Power's strategic focus on offshore wind, DONG Energy is commencing the divestment of its 33% ownership of the development company Zephyr AS. Geographic overview High profile asset Attractive wind resource The transaction gives access to one of the largest wind power portfolios in Norway The portfolio consist of 9 projects totaling more than 1 GW Two projects equaling 330 MW has received concession Some of Europe's best wind resources High mean wind speed at m/s at 80m Wind measurements conducted by independent third parties Developed by Zephyr Constructed/operated by Zephyr Innvordfjellet Long-term income stream Each project has a year operational life span All project are expected to be eligible for green certificates (TGCs) from the joint Norwegian / Swedish TGC system. Remmafjellet Mehuken I & II Guleslettene Vågsvåg Dalsbotnfjellet Øye Midtfjellet Experienced Constructor and Operator Strong competences in developing, constructing and operating wind farms Currently, operating Mehuken I & II (22.6MW) on behalf of Kvalheim Kraft DA Currently, constructing Midtfjellet (110MW) on behalf of Midtfjellet Vindkraft AS Holmafjellet Fruknuten Tellenes 9 dedicated local employees some fulltime and others part time
THE ROLE OF ENERGY COMPANIES IN THE ENERGY TRANSITION LATEST INSIGHTS IN COST REDUCTIONS
THE ROLE OF ENERGY COMPANIES IN THE ENERGY TRANSITION LATEST INSIGHTS IN COST REDUCTIONS October 2016 EUFORES Copenhagen Martin Neubert Chief Strategy Officer DONG Energy Wind Power Green transformation
More informationVirksomhedsdag DDF. 12 June, 2013
Virksomhedsdag DDF 12 June, 2013 Disclaimer Certain statements in this presentation are based on the beliefs of our management as well as assumptions made by and information currently available to the
More informationNet profit Discontinued operations, DKKm. Net profit Continuing operations, DKKm. EBITDA - Continuing operations, DKKbn
DISCLAIMER. Certain statements in this presentation are based on the beliefs of our management as well as assumptions made by and information currently available to the management. Forward-looking statements
More information5 Killer Apps of Offshore Wind Prosperity
Southeast Coastal Wind Conference, 11 th September 2013 GL Garrad Hassan A Decade of Offshore Wind Experience Huge Potential How do we get there? 10 GW by 2020? 54 GW by 2030? 5 GW installed * * Inspired
More informationFINANCIALS MONTHS RESULTS. 7 November 2011
FINANCIALS 211 9 MONTHS RESULTS 7 November 211 Disclaimer Certain statements in this presentation are based on the beliefs of our management as well as assumptions made by and information currently available
More informationCompany announcement No. 28 / 2017
Company announcement No. 28 / 2017 Strong strategic progress and raised outlook for the year Full-year EBITDA outlook raised from DKK 15-17 billion to DKK 17-19 billion Growth in underlying operating profit
More information2012 results and 2020 strategy. 27 February, 2013
2012 results and 2020 strategy 27 February, 2013 Disclaimer Certain statements in this presentation are based on the beliefs of our management as well as assumptions made by and information currently available
More informationANNUAL REPORT 2012 MOVING ENERGy FORWARD
ANNUAL REPORT 2012 MOVING ENERGy FORWARD MANAGEMENT S REVIEW 1 Chairman s statement 2 DONG Energy at a glance 4 Selected events 2012 5 CEO s review 7 Our activities 11 CSR report Financial performance
More informationO F F S H O R E W I N D
OFFSHORE WIND WATSON FARLEY & WILLIAMS: KEY FACTS 150+ PARTNERS FOUNDED 1982 14 OFFICES 500+ LAWYERS 11 JURISDICTIONS 20+ LANGUAGES SPOKEN OFFSHORE WIND 1 EXPERTS IN OFFSHORE WIND No one knows the offshore
More informationMobilising institutional investment in offshore wind
Mobilising institutional investment in offshore wind Gavin Templeton, Head of Sustainable Finance June 2017 Offshore wind specialist with a proven track record In four years, GIB has deployed 2,261m of
More informationCompany announcement No. 18/2017
Company announcement No. 18/2017 Good start to 2017, which supports the expectations for the year Operating profit (EBITDA) totalled DKK 3.3 billion. Underlying EBITDA decreased by 19% as a result of higher
More informationMAXIMISING OFFSHORE W I N D E X P O R T S
MAXIMISING OFFSHORE W I N D E X P O R T S www.dongenergy.co.uk Introduction to DONG Energy DONG Energy is the global leader in the development, construction and operation of offshore wind farms. The UK
More informationUK offshore wind report
UK offshore wind report 2012 UK Offshore Wind Report 2012 I am pleased The Crown Estate continues to take such a proactive role in the offshore wind industry. The opportunities for the supply chain and
More informationAnnual report DONG Energy
Annual report DONG Energy DONG Energy Annual report Our vision is to lead the energy transformation. Our mission is to develop energy systems that are green, independent and economically viable. DONG Energy
More informationINTERIM FINANCIAL REPORT FIRST NINE MONTHS 2011
INTERIM FINANCIAL REPORT FIRST NINE MONTHS Stable results for the first nine months of the year The Board of Directors of DONG Energy has today approved the interim financial report for the first nine
More informationØrsted Annual report 2017
Ørsted Annual report 2017 Ørsted Annual report 2017 The Ørsted Way Let s create a world that runs entirely on green energy Climate change is one of the biggest challenges for life on Earth. Today, the
More informationInterim financial report. First nine months 2018
Interim financial report First nine months 2018 Contents Management s review CEO s review 3 At a glance 5 Outlook 6 Results Q3 7 Results 9M 8 Business units results 11 Performance highlights 16 Quarterly
More informationINTERIM FINANCIAL REPORT FIRST NINE MONTHS 2013
INTERIM FINANCIAL REPORT FIRST NINE MONTHS 2013 Moving Energy Forward 23 October 2013 Disclaimer Certain statements in this presentation are based on the beliefs of our management as well as assumptions
More informationFinancing offshore wind projects. Matthias Bausenwein General Manager for Asia Pacific
Financing offshore wind projects Matthias Bausenwein General Manager for Asia Pacific 14 th Nov 2017 過去十年沃旭能源集團的轉型 碳排放量減半 CO 2 emissions halved g/kwh 營業收入增加 3 倍 (EBITDA) tripled DKK Bn 企業轉型 Share of capital
More informationStormy Weathers in the European Wind Power sector how to keep the pace?
allocate International Management and Executive Search Consultants Stormy Weathers in the European Wind Power sector how to keep the pace? Dr. Jörg Fabri allocate International, Managing Partner Presentation
More informationInterim financial report. First half 2018
Interim financial report First half 2018 Contents Management s review CEO s review 3 At a glance 5 Outlook 6 Results Q2 7 Results H1 8 Business units results 11 Performance highlights 16 Quarterly overview
More informationOffshore Wind Cost Reduction: Findings of The Crown Estate and the Cost Reduction Taskforce
Offshore Wind Cost Reduction: Findings of The Crown Estate and the Cost Reduction Taskforce BIEE Parker Seminar 10 th October 2012 Richard Howard, Chief Economist richard.howard@thecrownestate.co.uk CONTENTS
More informationHow to promote the necessary investment in the European energy transition?
How to promote the necessary investment in the European energy transition? Gerd Schräder Regulatory Affairs, RWE Innogy GmbH Energy transition: A multifaceted challenge for Europe 2 nd symposium 11 th
More informationSolid growth in operating earnings and strengthened strategic platform Highlights Q3 2018
1 November 2018 DISCLAIMER This presentation contains certain forward-looking statements, including but not limited to, the statements and expectations contained in the Financial Outlook section of this
More informationIreland s. Offshore Wind Resource. An Export Opportunity. Presentation to IWEA Conference Brian Britton Secretary NOW Ireland 22 nd March 2012
Ireland s Offshore Wind Resource An Export Opportunity Presentation to IWEA Conference Brian Britton Secretary NOW Ireland 22 nd March 2012 1 Ireland s Offshore Opportunity Ireland has a number of opportunities
More informationFULL YEAR 2018 Vestas Wind Systems A/S
FULL YEAR Vestas Wind Systems A/S Copenhagen, 7 February 2019 DISCLAIMER AND CAUTIONARY STATEMENT This document contains forward-looking statements concerning Vestas financial condition, results of operations
More informationUK s Offshore Transmission Regime:
UK s Offshore Transmission Regime: A case study for financing a low carbon future Stephanie McGregor Director Offshore Transmission June 2011 Today s presentation 1. Big picture 2. The OFTO 3. Making the
More informationOffshore wind finance 2016 update
Offshore wind finance 2016 update Energy Talk London, 8 December 2016 Project finance forum for offshore wind farms Table of contents 1. Green Giraffe 2. Evolution of the equity market 3. Evolution of
More informationOffshore Wind Energy in Germany and Europe: Status Quo and Market Outlook. Andreas Wagner, Managing Director German Offshore Wind Energy Foundation
Offshore Wind Energy in Germany and Europe: Status Quo and Market Outlook Andreas Wagner, Managing Director German Offshore Wind Energy Foundation Agenda 1. German Offshore Wind Energy Foundation - Who
More informationGunnar Groebler Head of Business Area Wind. Vattenfall Capital Markets Day, Solna, 19 September 2016
Gunnar Groebler Head of Business Area Wind Vattenfall Capital Markets Day, Solna, 19 September 2016 FACTS AND FIGURES BA WIND Business Area Wind, which is responsible for Vattenfall s wind power operations,
More informationOffshore Wind. Investing in the future of energy. Offshore Wind. North American Liquids Pipelines. U.S. Transmission. Natural Gas Utilities
Offshore Vern Yu Executive VP & Chief Development Officer Offshore Investing in the future of energy North American Liquids Pipelines U.S. Transmission Natural Gas Utilities Canadian Transmission & Midstream
More informationEuropean Wind Investment European Wind Investment 2017 Project Finance and M&A
European Wind Investment 2017 Project Finance and M&A Forward-thinking international law firm Advising clients in the world s most dynamic industries Taylor Wessing is a full-service international law
More informationINTERIM FINANCIAL REPORT FIRST HALF-YEAR 2011
INTERIM FINANCIAL REPORT FIRST HALF-YEAR High energy prices ensured strong results The Board of Directors of DONG Energy has today approved the interim financial report for the first half of with the following
More informationFULL YEAR RESULTS 2015
FULL YEAR RESULTS 2015 PETER BERDOWSKI, CEO HANS KAMPS, CFO AMSTERDAM 9 MARCH 2016 1 INDEX 01 HIGHLIGHTS 02 SEGMENT RESULTS 03 BALANCE SHEET 04 OUTLOOK 05 FEHMARNBELT 06 OFFSHORE WIND MARKET 2 STRONG RESULT
More informationShow me the Money. Rabobank International. Marc Schmitz Rabobank December 20 th 2011
Show me the Money Rabobank International Marc Schmitz Rabobank December 20 th 2011 -How viable is the offshore wind sector? The history of onshore and offshore wind Onshore wind Started in 1985 with first
More informationCRITIQUE THE OFFSHORE WIND INDUSTRY, IRELAND S OPPORTUNITY BRIAN BRITTON, NOW IRELAND MAY 2017
CRITIQUE THE OFFSHORE WIND INDUSTRY, IRELAND S OPPORTUNITY BRIAN BRITTON, NOW IRELAND MAY 2017 Slide Index Slide 2: Ireland s Problem - Offshore Wind the Solution Slide 3: Energy is now Centre Stage -
More information27 April 2016 Q RESULTS 1
FINANCIAL REPORT Q1 2016 I NVESTO R PRESENTATION 27 April 2016 Q1 2016 RESULTS 1 Disclaimer Certain statements in this presentation are based on the beliefs of our management as well as assumptions made
More informationNorth Seas Energy Clusters
North Seas Energy Clusters Scoping paper INTRODUCTION The Political Declaration on energy cooperation between North Seas Countries, signed on 6 June 2016, set up a three-year work programme, based on voluntary
More informationReducing the cost of. risk improvement measures. ..an insurer s approach. There ain't no mountain high enough, Ain't no valley low enough,
2nd Spanish Wind Power Congress Madrid;June 28th 2016 0 There ain't no mountain high enough, Reducing the cost of Ain't no valley low enough, Ain't offshore no river wide wind enough by sharing To keep
More informationWind Mills of the Mind Delivering large scale offshore wind. Andy Kinsella CEO, Offshore September 3rd, 2012, Ballina
Wind Mills of the Mind Delivering large scale offshore wind Andy Kinsella CEO, Offshore September 3rd, 2012, Ballina Mountains of the Mind Delivering large-scale offshore wind energy The mountains one
More informationStatkraft Investor Update. European Energy & Utilities Credit Conference 2013
Statkraft Investor Update European Energy & Utilities Credit Conference 2013 Disclaimer This presentation has been prepared by, and the information contained herein (unless otherwise indicated) has been
More informationOffshore Wind and Development Opportunities in the South West Robert Thornhill Offshore Development Site Manager
Offshore Wind and Development Opportunities in the South West Robert Thornhill Offshore Development Site Manager Dan Towers 2004 Outline of presentation npower renewables (NRL) who we are? NRL s involvement
More informationAnalysis on the furthering of competition in relation to the establishment. wind farms in Denmark.
Analysis on the furthering of competition in relation to the establishment of large offshore wind farms in Denmark. Summary The Ministry of Climate and Energy April 28th 2011 1 Contents 1. Summary... 3
More informationThe development of offshore wind - The case of Denmark
9 February 2017 The development of offshore wind - The case of Denmark Camilla Holbech, Deputy Manager Danish Wind Industry Association Zooming in on the Danish wind industry More than 30,000 employees
More informationInvestor presentation Q April 2018
Investor presentation Q1 2018 26 April 2018 DISCLAIMER. Certain statements in this presentation are based on the beliefs of our management as well as assumptions made by and information currently available
More informationGlobal Offshore Wind Market
Global Offshore Wind Market Presented at: Wind Shipping and Logistics Conference Presented by Bruce Hamilton Navigant Copenhagen, Denmark March 12, 2015 2015 Navigant Consulting, Inc. D I S P U T E S &
More information9M 2017 results innogy SE 13 November 2017 Bernhard Günther CFO
9M 2017 results innogy SE 13 November 2017 Bernhard Günther CFO Notice This document contains forward-looking statements. These statements are based on the current views, expectations, assumptions and
More informationFOCUS ON EDF EN Analyst Group Lunch Meeting - 6 July 2017
FOCUS ON EDF EN Analyst Group Lunch Meeting - 6 July 2017 Antoine Cahuzac - Group Senior Executive VP of Renewable Energies and CEO of EDF Énergies Nouvelles Bruno Fyot COO of EDF EN Denis Rouhier CFO
More informationStatkraft Investor Update. March 2014
Statkraft Investor Update March 2014 Disclaimer This presentation has been prepared by, and the information contained herein (unless otherwise indicated) has been provided by Statkraft AS (the "Company").
More informationRenewable Energy Auctions: Lessons from Germany, the UK, and the Netherlands. Dominik Huebler Principal
Renewable Energy Auctions: Lessons from Germany, the UK, and the Netherlands Dominik Huebler Principal Strommarkttreffen Berlin, 4 May 2018 Plenty of variation in recent offshore wind auction results Delivery
More informationGusts of change: How effective policy is catalysing a booming offshore wind sector. March 2017
Gusts of change: How effective policy is catalysing a booming offshore wind sector March 2017 Study Overview This study presents a comparative analysis of approaches to offshore wind development internationally
More informationSubtittle if needed. If not MONTH Published in Month Financing and investment trends
Subtittle if needed. If not MONTH 2018 Published in Month 2018 Financing and investment trends The European wind industry in 2017 Financing and investment trends The European wind industry in 2017 Published
More informationThird quarter Vestas Wind Systems A/S. Copenhagen, 7 November 2018
Third quarter Vestas Wind Systems A/S Copenhagen, 7 November Disclaimer and cautionary statement This document contains forward-looking statements concerning Vestas financial condition, results of operations
More informationIndustrialisierung von Offshore-Windenergie im internationalen Kontext
Industrialisierung von Offshore-Windenergie im internationalen Kontext Markus Rieck Geschäftsführer Alstom Renewable Germany GmbH Hannover 08/04/2014 Agenda 01 02 Alstom Overview Offshore Wind Industrial
More informationFull year Vestas Wind Systems A/S. Copenhagen, 7 February Classification: Public
Full year Vestas Wind Systems A/S Copenhagen, 7 February 2018 Classification: Public Disclaimer and cautionary statement This document contains forward-looking statements concerning Vestas financial condition,
More informationEnergiewende. Drivers and Enablers for German Offshore Wind. Dr. Martin Schöpe
Energiewende Drivers and Enablers for German Offshore Wind Dr. Martin Schöpe BMWi Head of Unit IIA1 International Cooperation on Energy Hamburg, 25 September 2018 18-09-24 Referent 1 Source: Ecofys 2018
More informationInvestor presentation Q2 2018
Investor presentation Q2 2018 DISCLAIMER. This presentation contains certain forward-looking statements, including but no limited to, the statements and expectations contained in the Financial Outlook
More informationInterim financial report Q Moving Energy Forward
Interim financial report Q1 2013 Moving Energy Forward CONTENTS DONG Energy is one of the leading energy groups in Northern Europe. Our business is based on procuring, producing, distributing and trading
More informationSA (2014/N), SA (2014/N), SA (2014/N),
EUROPEAN COMMISSION Brussels, 23.7.2014 C(2014) 5074 final In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationDeutsch-Dänisch-Schwedisch-Norwegische Kooperation, EU-Policy Workshop on Offshore Wind Energy Dr. Joachim Kutscher PtJ
Deutsch-Dänisch-Schwedisch-Norwegische Kooperation, EU-Policy Workshop on Offshore Wind Energy 2009 Dr. Joachim Kutscher PtJ GDSN - Cooperation: Aim Formation of a most flexible network for cooperation
More informationPNE WIND AG. Presentation December Buchholz wind farm
PNE WIND AG Presentation December 2011 Buchholz wind farm Agenda 1. PNE WIND AG at a glance 2. Business model 3. Market and strategy 4. Financials 5. PNE WIND AG share 6. Investment highlights Langwedel
More informationMark O Reilly, CEO & Chairman
Mark O Reilly, CEO & Chairman Private not for profit member owned Business Development organisation focused on the Blue Economy Marine, Maritime & Offshore industries We ve been building an Offshore Wind
More informationReview of Support Mechanisms and Policy Options for Offshore Wind. Prepared by the Center for Wind Energy at James Madison University.
Review of Support Mechanisms and Policy Options for Offshore Wind Prepared by the Center for Wind Energy at James Madison University August 2012 Denmark Denmark s long-term target is to achieve complete
More informationPOWER cluster The Northern European competence network for offshore wind energy
POWER cluster competence network Martin Schmidt, windcomm schleswig-holstein POWER cluster Agenda 1. Partner Consortium 2. Project Aims 3. Contents & Innovation 4. Offshore wind energy in Germany POWER
More information1 Assises de l Energie 2007 Liège, 10-11/10/2007 Offshore wind energy in the North Sea Overview
Offshore wind energy in the North Sea Ronnie Belmans Energiecongres 2007 Overview Why offshore? International status Situation in Belgium Elia network Supergrid Conclusion www.ef4.be 1 Why offshore? Wind
More informationFortum intends to become a major shareholder in Uniper
A powerful combination to drive European energy transition Fortum intends to become a major shareholder in Uniper 27 September 2017 Disclaimer This presentation is neither an offer to purchase, underwrite,
More informationInvesting in Belgian offshore wind: a comprehensive overview of associated risks. Offshore wind risk analysis provided for Zeewind 1 fund June 2014
Investing in Belgian offshore wind: a comprehensive overview of associated risks Offshore wind risk analysis provided for Zeewind 1 fund 2 1. Zeewind 1 investment fund Meewind is an investment manager
More informationStatkraft Investor Update July 2014
Statkraft Investor Update July 2014 Disclaimer This presentation has been prepared by, and the information contained herein (unless otherwise indicated) has been provided by Statkraft AS (the "Company").
More informationHighlights of the report
Interim report 4 th quarter 2016 Highlights of the report Highlights of Q4 2016 EBITDA for the full year 2016 was a EUR 16.4m profit, which was within the expected range of EUR 16-19m. During the quarter,
More informationØrsted A/S Transcript: Investor Presentation, Q Date & time: 09 August 2018 at 10.00
Ørsted A/S Transcript: Investor Presentation, Q2 2018 Date & time: 09 August 2018 at 10.00 Welcome to the Ørsted interim report for the first half year of 2018. For the first part of this call, all participants
More informationElectricity market in the. Simon-Erik Ollus Baltic Energy Forum, Vilnius 20 November 2014
Electricity market in the Baltic Sea area today Simon-Erik Ollus Baltic Energy Forum, Vilnius 20 November 2014 Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for,
More informationInternational Wind Energy Development
International Wind Energy Development Thornton Bank II, Belgium, the first commercial 6MW+ turbine installed offshore C-Power N.V., photographer Tom D Haenens. Offshore Report 2013 Published by BTM Consult
More informationThird quarter Vestas Wind Systems A/S. Copenhagen, 9 November Classification: Public
Third quarter Vestas Wind Systems A/S Copenhagen, 9 November Classification: Public Disclaimer and cautionary statement This document contains forward-looking statements concerning Vestas financial condition,
More informationThe Future of Offshore Wind Power Generation. Published:October 2011 No.Of Pages:136 Price:US $ Introduction
The Future of Offshore Wind Power Generation Published:October 2011 No.Of Pages:136 Price:US $ 2875 Offshore wind power is one of the newest major sources of renewable electricity generation to be developed
More information7,619 million 2009: DKK 4,766 million
INTERIM FINANCIAL REPORT FIRST HALF-YEAR Revenue DKK 27,691 million : DKK 28,779 million EBITDA DKK 7,619 million : DKK 4,766 million Profit after tax DKK 2,950 million : DKK 1,335 million Strengthened
More informationIgnacio Galán Chairman& CEO
Ignacio Galán Chairman& CEO Legal Notice DISCLAIMER This document has been prepared by Iberdrola, S.A. exclusively for use during the presentation Outlook 2016-2020 update. As a consequence thereof, this
More informationSecond quarter Vestas Wind Systems A/S. Copenhagen, 17 August Classification: Public
Second quarter Vestas Wind Systems A/S Copenhagen, 17 August Classification: Public Disclaimer and cautionary statement This document contains forward-looking statements concerning Vestas financial condition,
More informationOffshore Grid Development in Germany
Offshore Grid Development in Germany Hamburg, 26 September 2017 Lukas Wienholt Federal Maritime and Hydrographic Agency Content of Presentation I. Current status of offshore wind energy in the German North
More informationQ4.14: Cleantech and Renewable Energy Investment Review
: Cleantech and Renewable Energy Investment Review 02 Welcome to Taylor Wessing s analysis of clean energy investment activity in Europe in the fourth quarter of 2014 (). Total investment in Europe s clean
More informationOFFSHORE WIND REFERENCES
OFFSHORE WIND REFERENCES OFFSHORE WIND PROJECTS We helped to realise over 8 GW of offshore wind projects United Kingdom Galloper - 340 MW Sheringham Shoal - 315 MW The Netherlands Borssele 1&2-700 MW Borssele
More informationCONNECTION OF OFFSHORE WIND ONSHORE -- Some Food for Thought to Aid the Discussion at the Post-Conference Workshop
Deeper Water Offshore Wind Conference by GIC CONNECTION OF OFFSHORE WIND ONSHORE -- Some Food for Thought to Aid the Discussion at the Post-Conference Workshop Dr Chuan Zhang The Crown Estate, UK London,
More informationStatkraft AS Interim Report Q1/2018
Statkraft AS Interim Report Q1/2018 Q1 Key figures NOK million 2018 2017 Change 2017 From income statement Gross operating revenues and other income 15 099 14 009 1 089 52 883 Net operating revenues and
More informationBalance sheet strength enables growth and value creation
Fortum - Power and heat company in the Nordic area, Russia, Poland and the Baltics Balance sheet strength enables growth and value creation Berenberg European Conference, Surrey 2 December 2014 Timo Karttinen,
More informationStatkraft AS Interim Report Q3/2018
Statkraft AS Interim Report Q3/2018 Q3 Key figures Third quarter Year to date Year NOK million 2018 2017 Change 2018 2017 Change 2017 From income statement Gross operating revenues and other income 14
More informationEXECUTIVE SUMMARY INTERVIEWEES
EXECUTIVE SUMMARY Welcome to Renewables Infrastructure Investment in Europe 2016, a new market report produced by Clean Energy Pipeline. This report includes data and insight on clean energy project finance
More informationStrong operational and financial results in 2018
31 January 2019 DISCLAIMER This presentation contains certain forward-looking statements, including but not limited to, the statements and expectations contained in the Financial Outlook section of this
More informationSA.39723, SA.39724, SA.39725, SA.39726, SA.39731, SA.39732, SA.39733, SA.39735, SA.39738, SA.39739, SA.39741, SA (2014/N); SA.
EUROPEAN COMMISSION Brussels, 16.04.2015 C (2015) 2580 final In the published version of this decision, some information has been omitted, pursuant to articles 24 and 25 of Council Regulation (EC) No 659/1999
More informationVattenfall Annual and Sustainability Report
Energy YOU WANT Vattenfall Annual and Sustainability Report 2015 Vattenfall Annual and Sustainability Report 2015 1 About the Annual and Sustainability Report Vattenfall s 2015 Annual and Sustainability
More informationNKT I Interim Report Q I Webcast. 13 May 2015 I 1 NKT. Interim Report Q Webcast, 13 May 2015, 08:30 CET
13 May 2015 I 1 NKT Interim Report Q1 2015 Webcast, 13 May 2015, 08:30 CET 13 May 2015 I 2 Forward looking statements This presentation and related comments contain forward-looking statements. Such statements
More informationTHE DANISH CLIMATE INVESTMENT FUND. Torben Huss, Executive Vice President
THE DANISH CLIMATE INVESTMENT FUND Torben Huss, Executive Vice President WHAT IS KIF? Public Private Partnership Operates on commercial terms Provides risk capital for climate investments and climate-related
More informationInterim Report Q1/2015 Statkraft AS
Q1 Interim Report Q1/2015 Statkraft AS Key figures NOK million 2015 2014 Change 2014 From income statement 1) Gross operating revenues, underlying 13 795 14 582-787 48 348 Net operating revenues, underlying
More informationFinancier s Perspective On Project Finance For R3 Construction And O&M
Financier s Perspective On Project Finance For R3 Construction And O&M Windpower monthly Vessels and Access forum 14 May 2014 Matthew Taylor Financing offshore wind Table of contents Topics and key messages:
More informationDONG Energy's comments on the report of the Danish National Audit Office (Rigsrevisionen)
DONG Energy's comments on the report of the Danish National Audit Office (Rigsrevisionen) At the request of the Danish Public Accounts Committee, Rigsrevisionen has reviewed DONG Energy s business conduct
More informationUK Government Support Mechanisms for Offshore Wind - Is it working?
UK Government Support Mechanisms for Offshore Wind - Is it working? Presentation by Scott McCallum, Partner, Shepherd and Wedderburn LLP 22 nd September 2017 Agenda Available UK subsidy regime Contracts
More informationFirst half and second quarter 2011
First half and second quarter 2011 Fierce competition in a very fragile world 7 August 2011 The London Marriott West India Quay Hotel London 17 August 2011 The London Marriott West India Quay Hotel London
More informationHvide Sande, Denmark
Hvide Sande, Denmark Hvide Sande is a small community of approximately 3500 souls, situated on the small strip of land between the North Sea and Ringkøbing Fjord. The town is most likely the youngest
More informationInterim Report Q1/2017 Statkraft AS
Interim Report Q1/2017 Statkraft AS 1 Key figures NOK million 2017 2016 Change 2016 From income statement Share of profit/loss in equity accounted investments 326 376-50 474 Gross operating revenues, underlying
More informationAuctions for Renewable Energy Support
Auctions for Renewable Energy Support Jan Kreiss Takon GmbH Strommarkttreffen, Rapperswil 14. November 2018 Agenda 1. What are Auctions for Renewable Energy Support? Motivation 2. Where are such Auctions
More informationRWE continues to reshape its future
RWE continues to reshape its future Transforming RWE into a leading integrated renewable and conventional power generator Investor and Analyst Conference Call, 13 March 2018 Rolf Martin Schmitz Markus
More informationInvestor Presentation 16 th German Corporate Conference Frankfurt, January innogy SE status as per December 2016
Investor Presentation 16 th German Corporate Conference Frankfurt, 16-18 January 2017 innogy SE status as per December 2016 Notice This document contains forward-looking statements. These statements are
More information