1) AES Tietê reported strong financial results in 1Q12, with net revenue increasing 30% and EBITDA margin reaching 78%. Investments during the quarter focused on modernizing power plants.
2) Energy generation was 30% higher than the physical guarantee due to high reservoir levels and operational availability.
3) The company paid out dividends of R$264 million related to 1Q12 results and continues to pursue growth opportunities and expand its client portfolio.
Доклад заместителя директора по продвижению в западном сегменте компании Promodo Романа Вилявина на семинаре по продвижению товаров и услуг на зарубежный рынок от компании Promodo и SEOmoz 19 мая 2012 года, Киев.
Доклад заместителя директора по продвижению в западном сегменте компании Promodo Романа Вилявина на семинаре по продвижению товаров и услуг на зарубежный рынок от компании Promodo и SEOmoz 19 мая 2012 года, Киев.
One of the many causes of failure of Off-grid electrification project is not involving the community in the development of project. A model has been developed and demonstrated for prefeasibility analysis of off-grid electrification projects. This model compares the two cases for each possible scenario for the site. Two cases are conventional off-grid electrification and off-grid electrification with investment in downstream productive activities. The model has been successfully demonstrated for Village Gorad, District Thane, Maharashtra, India. The results show that the sustainability of the project can be assured by initiating productive activities in the remote communities.
Webinar - Cost of Losses for Network Investment Leonardo ENERGY
The cost of losses is a critical input to the planning, design and operational activities of distribution network businesses. Whilst the cost of losses will rarely provide the complete justification for an augmentation project, it will change the relative ranking of alternatives, particularly when comparing development options of different voltages.
The cost of losses can also influence the preferred timing of a project at times of moderate load growth. Furthermore, lifecycle costs used for the specification of optimal cable and line conductor sizes and transformer designs are critically dependent on this input.
The supply industry is at a turning point where the forecast costs of energy generation are expected to increase beyond “traditional” levels. The potential impact of Government policies influencing the move to renewable energy sources and the likelihood of some form of carbon price add to energy generation costs. Future generating costs are expected to be very significantly higher than the current market prices. Networks, too, have been the subject of recent regulatory determinations which have dramatically increased their costs.
This webinar proposes a Long Run Marginal Cost approach for calculating the cost of losses at various levels within the distribution network. The approach developed has relevance both for the regulatory incentives on networks to manage electrical losses and on the minimum energy performance specifications (MEPS) of distribution equipment.
****
Harry Colebourn retired as EnergyAustralia’s Executive Manager – Regulation and Pricing in July 2008. He has since been consulting within the power industry, on a broad range of engineering and regulatory assignments. Harry was involved in the development of Australian electricity markets from their inception in the early 1990’s, through to the establishment of the National Electricity Market in 1998. He was contributor to the development of the transmission and distribution pricing arrangements that remain in place. Harry’s longstanding interest in the economics of infrastructure businesses led to the introduction of a number of innovative changes to improve the cost reflectivity of EnergyAustralia’s network pricing. He is the author of several papers on pricing and related matters. Harry has degree qualifications in Electrical Engineering and Business Administration and is a member of the Institution of Engineering and Technology and the Electric Energy Society of Australia.
Could Texas Become The Largest Solar Opportunity in the World? An Update on t...Rick Borry
Texas is experiencing a “perfect storm” of circumstances, which could lead the state to become the next major solar opportunity on the global stage.
Attend this webinar to hear Texas energy expert and Principal Solar, Inc. board member Ron Seidel provide an overview of the Electric Reliability Council of Texas (ERCOT) Capacity, Demand, and Reserves December 2012 Report. He will explain what is happening in the Texas electricity market today and how this effects the conclusions of his September 2012 Solutions for the Texas Energy Shortage whitepaper (click here for a free whitepaper download) and webinar (click here to view the webinar recording).
Plus, find out how to take advantage of this opportunity in YOUR business during the live Question & Answer session following Ron's presentation.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
Generating a custom Ruby SDK for your web service or Rails API using Smithyg2nightmarescribd
Have you ever wanted a Ruby client API to communicate with your web service? Smithy is a protocol-agnostic language for defining services and SDKs. Smithy Ruby is an implementation of Smithy that generates a Ruby SDK using a Smithy model. In this talk, we will explore Smithy and Smithy Ruby to learn how to generate custom feature-rich SDKs that can communicate with any web service, such as a Rails JSON API.
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
Elevating Tactical DDD Patterns Through Object CalisthenicsDorra BARTAGUIZ
After immersing yourself in the blue book and its red counterpart, attending DDD-focused conferences, and applying tactical patterns, you're left with a crucial question: How do I ensure my design is effective? Tactical patterns within Domain-Driven Design (DDD) serve as guiding principles for creating clear and manageable domain models. However, achieving success with these patterns requires additional guidance. Interestingly, we've observed that a set of constraints initially designed for training purposes remarkably aligns with effective pattern implementation, offering a more ‘mechanical’ approach. Let's explore together how Object Calisthenics can elevate the design of your tactical DDD patterns, offering concrete help for those venturing into DDD for the first time!
2. 1Q12 Highlights
Investments totaled R$ 21 million, mainly in the modernization of Nova Avanhandava (347 MW) and
Ibitinga (132 MW) power plants
Operational
Energy generation 30% higher than physical guarantee and 10% greater than the total generated in
1Q11
Net revenue of R$ 540 million, 30% greater than 1Q11
R$ 20 million increase in expenses with energy purchased for resale and biannual locks
maintenance and R$ 19 million increase in costs and operational expenses
Financial
Ebitda reached R$ 423 million, with margin of 78%
Net income of R$ 246 million, an increase of 27% comparing to 1Q11
Dividends distribution of R$ 264 million, related to 1Q12 results, corresponding to R$ 0.66 per
Dividends
common share and R$ 0.73 per preferred share. Payment will occur on May 25, 2012.
2
3. Despite the comfortable reservoir levels in SIN1 , lower rainfall
in February, March and April pushed prices in the spot
market
Reservoirs Level inSIN1 PLD2 – Monthly Average (R$/MWh)
99% 99% 193
92%
83% 82%
79% 76%
125
35% 48 46
51 37
29 32 23 20 21 44
23 26
12 17
jan feb mar apr may jun jul aug sep oct nov dec
Southeast/ South Northeast North
2010 2011 2012
Middle-West
1Q11 1Q12
1- Interconnected National System
2- Spot Market Average Price 3
4. High level of Company’s reservoirs and
operational availability
Reservoirs level of AES Tietê’s power plants1 Energy generation (MW average3)
136%
130% 130%
125% 124%
96%
100%
98%
99%
94%
99%
90%
78%
1,753
1,665
1,599 1,582 1,612
A. Vermelha2
A. Vermelha Promissão2
Promissão B. Bonita2
B. Bonita Caconde 2
Caconde 2009 2010 2011 1Q11 1Q12
(11 km3) (8.1km3) (3.6km3) (0.6km 3)
1Q11 1Q12 Generation - Mwavg Generation/Physical guarantee
Average: 98% 89%
1 – As of 03/31/2012
3 – Generated energy divided by the amount of period hours
2 – Reservoirs volume 4
5. Investments in 1Q12 mainly oriented to the modernization of
Nova Avanhandava and Ibitinga power plants
Investments (R$ million) Investments in 1Q12
175
19
86%
82
174
12 156
38 11%
4 21 3%
70
2
34
19
2010 2011 2012(e) 1Q11 1Q12
Equipment and Maintenance
Investments New SHPPs 1 New SHPPs
IT Projects
1 - Small Hydro Power Plants 5
6. Growth Opportunities and Capacity Expansion Obligation
Termo-SP Project
- Gas unavailability for A-5 in 2011 and A-3 Energy Auction in 2012
- Project registered in A-5 in 2012: term to present gas contract expires on June 1st, 2012
- Injunction suspending the Environmental License. AES Tietê presented its defense on April 27th
- Fullfillment of conditions to obtain the installation license
Termo Araraquara Project
- Acquisition of a purchase option in March, 2012
- Combined cycle, gas-fired power plant, with 579 MW of installed capacity
- The project has a high sinergy potential with Termo SP and is equally registered in A-5 auction in 2012
Expansion Obligation
- April 26th: Presentation of the plan to extent the Company’s capacity
6
7. Higher energy volume sold in 1Q12 due to the seasonality of
the bilateral contract with AES Eletropaulo, besides the
energy sold in ERM*
Billed Energy (GWh)
+34%
4,867
3,645 162
570
108
424 1,256
587
2,526 2,879
1Q11 1Q12
AES Eletropaulo Energy Reallocation Mechanism* Spot Market Other Bilateral Contracts
7
*ERM – Energy Reallocation Mechanism
8. Strategy for energy contracting in 2016: client portfolio
creation
Clients portfolio evolution
• Goals:
- Expand and diversify client portfolio by
Assured Energy (1,282 MW avg) 2015
- Allocate most of the assured energy to
the free market
Consolidated
- Opportunity to negotiate the energy
New client portfolio
from projects that the Company will
portfolio
develop in coming years
2012 2016 2020
9. Changes in the seasonality and 8.65% readjustment in AES
Eletropaulo’s contract contributed for the net revenue
expansion
Net revenue (R$ million)
+30%
540
46
416 18
17
14
477
385
1Q11 1Q12
AES Eletropaulo Spot/Energy Reallocation Mechanism Other bilateral contracts
9
10. Increase in expenses with energy purchased and biannual
locks maintenance, besides the increase in operational
costs and expenses
Operational costs and expenses¹ (R$ million)
4 3
5
7
9
11
114 117
78
1Q11 Energy Purchased Locks Operational Personnel, Transmission and Financ. Comp. For 1Q12
for Resale Maintenance Provisions and Material and Connection Use of Water Res.
Other Expenses Third-party
services²
1 – Do not include depreciation and amortization 10
2 – Personnel, Material and Third-party services
12. CDI* variation and lower average cash balance
impacted financial result
Financial Result (R$ million)
1Q11 1Q12
(11) (10)
*CDI - Interbank Deposit Certificate 12
13. Net income 27% higher in 1Q12, reflecting the good
performance of revenues
Net Income (R$ million)
118%
107%
2.9% Distribution of R$ 264 million in dividends related
2.5% to 1Q12:
- R$0.66 per common share
- R$0.73 per preferred share
- Ex-dividends: May 04, 2012
- Date of Payment: May 25, 2012
246
193
1Q11 1Q12
Payout
Yield Preferred Shares Net Profit 13
15. Low leverage with net debt/Ebitda of 0.3 times
Net Debt (R$ billion) Average Cost and Average Term (Principal)
3.01
0.4x 2.01
0.3x
0.54 114% 115%
0.45
1Q11 1Q12 1Q11 1Q12
14.0% Effective rate 11.3%
Net Debt Net Debt/EBITDA
1
1 – Percentage of CDI (Interbank Deposit Certificate) 15
16. 1Q12 Results
The statements contained in this document with regard to the
business prospects, projected operating and financial results,
and growth potential are merely forecasts based on the
expectations of the Company’s Management in relation to its
future performance.
Such estimates are highly dependent on market behavior and
on the conditions affecting Brazil’s macroeconomic
performance as well as the electric sector and international
market, and they are therefore subject to changes.