Presentation by Shigeki (Sean) Miwa, Director, Executive Vice President, SoftBank Group: “Northeast Asia Power System Interconnection

1. 1
Asia Super Grid (ASG)
Updates
June 19th, 2017
Shigeki (Sean) Miwa
GM-CEO Project Office, SoftBank Group Corp.
Director & EVP, SB Energy Corp.

2. Asia Super Grid Concept
(announced in September 2011)
2
Mongolia
Japan
India

3. SB Energy (Japan)
：Solar
：Wind
Total 524MW
(37 sites)
As of Jun 1st, 2017
3
One of top RE developers
in Japan

4. 4
Tsetsii 50MW Wind Farm (Mongolia)
Construction is on schedule
COD December 2017
Control building
Over Head Transmission Line related work
One WTG completed
Gobi Desert
Tsetsii Ulaanbaatar

5. 5
< Andhra Pradesh >
• Capacity: 350MW
• Tariff: INR 4.63
• COD: Apr. 2017
Andhra
Pradesh
Solar PV project (India)
Rajasthan
< Rajasthan >
• Capacity: 400MW
• Tariff: INR 2.63, 2.45
• COD: TBD
(100MW+300MW)
Total 750MW Solar

6. 6
Fossil Fuels Renewables
Promote Transition to Greener World
Further Across the Globe
Our Vision

7. 7
Asia Super Grid (ASG)

8. 8
4-Party MOU to study feasibility of ASG
(signed on March 30th, 2016)
Shu Yinbiao
Chairman
SGCC
Cho Hwan-Eik
President & CEO
KEPCO
Roman Berdnikov
First Deputy General
Director
ROSSETI
Masayoshi Son
Chairman & CEO
SBG

9. 9
Share of Asia + Russia in the World
Population
(Total 7.4billion)
62%
CO2 emission
(Total 32.2 billion tones)
56%
Source: Statistics Bureau of Japan 2016 (2015 Data)
Source: IEA, CO2 EMISSIONS FROM FUEL COMBUSTION IEA STATISTICS HIGHLIGHTS 2015 (2014 Data)

10. 10
76% 77%
Source: IEA, Electricity Information 2016 (2014 Data)
Share of 4 Countries in Asia
Power generation
(Total 11,000Twh)
Power consumption
(Total 9,100Twh)

11. As the first project,
We will make “Golden Ring”
11

12. 12
1. Promote peace and stability
in Northeast Asia
2. Contribute to maximum utilization of
clean & renewable energy
3. Bring economic benefits by introducing
international competition
ASG - Project Necessity & Key Benefits

13. 13
(Most important implication)
Promote Energy Security and Peace
in Northeast Asia
ASG - Project Necessity & Key Benefits (1)
• Diversify energy sources by trading electricity
• Closed electric market of each country turns into
larger open market of Northeast Asia
• Deepen reciprocal relationship between nations

14. 14
• Promote RE development
while levelizing power output fluctuation
• More stable power supply by cross-regional operation
Increased RE leads to better electricity reserve ratio
Larger power pool leads to more stable supply of electricity
• Contribute to Japan’s non-fossil fuel electricity target
(i.e. 44% or more in 2030)
 Can offset CO2 emissions in Japan by importing RE
Promote maximum utilization of
clean & renewable energy across Asia
ASG - Project Necessity & Key Benefits (2)

15. 15
ASG - Project Necessity & Key Benefits (3)
Bhutan
($0.03)
Taipei
($0.13)
Seoul
($0.08)
Manila
($0.22)
Dhaka
($0.09)
Bangkok
($0.10)
Hong Kong
($0.19)
Kuala Lumpur
($0.11)
Tokyo
($0.25)
Beijing
($0.09)
Mongolia
India
Chennai
($0.08)
New Delhi
($0.10)
Ulaanbaatar
($0.05)
Singapore
($0.19)
Vladivostok
($0.09)
Chengdu
($0.06) Shanghai
($0.13)
• Introduce cross-border
competition
• Take advantage of each
country’s different
demand supply patterns
Economic benefits
as a result of international competition

16. 16
3 Key Factors
Technology
Economics
Politics, Law
& Regulations
Feasible
Makes sense
Big challenge

17. Our Target
“Golden Ring”
by Tokyo Olympics
(2GW, 2020)
Bhutan
Shanghai
Taipei
Singapore
Seoul
Manila
Dhaka
Bangkok
Hong Kong
Kuala Lumpur
Tokyo
Sakhalin
Chengdu
Beijing
Mongolia
India
17
We are ready to execute the project
once G-to-G agreement / rule-making is in place

18. 18