This document summarizes the 25th Annual Global Power Markets Conference held in Las Vegas in 2010. It discusses several key topics from the conference including pending US climate change legislation, electricity demand trends, spot power and natural gas prices, renewable energy projects receiving federal funding, and power plants under construction or development in the US. It also includes presentations from CEOs of major power companies such as NRG Energy, Calpine, and American Electric Power who discuss their business strategies and generation portfolios.
This document provides an overview of the evolution of fuel sources for power generation in the United States from 1882 to present day. It discusses the initial dominance of coal due to its low cost and availability. It then outlines key events and developments that led to changes in the fuel mix, including the introduction of nuclear power in the 1950s, the oil crises of the 1970s that spurred renewable energy development, natural gas power generation growth in the 1990s-2000s, and the recent renewed interest in coal and nuclear power. The document examines changes in industry structure and regulation over time and the role of new technologies, policies, and market forces in shaping the current U.S. power sector.
The document discusses opportunities in the energy sector resulting from the American Recovery and Reinvestment Act of 2009 stimulus package. It outlines how $787 billion was allocated, with $67 billion for energy, including $45 billion for direct energy spending and $22 billion in tax incentives. The Department of Energy received $51 billion, with $39 billion for energy programs including renewable energy, fossil fuels, electricity infrastructure, and research. The stimulus also provided $12.5 billion in loan guarantees for renewable and transmission projects.
Capacity markets were created to provide "missing money" to support new generation investments given capped energy prices. There are ongoing debates around whether capacity markets successfully incentivize new builds. While capacity markets in PJM and ISO-NE have driven some new generation, issues remain around the treatment of demand response, gas-electric integration challenges, imports, and mitigation rules. ERCOT is also facing declining reserve margins in coming years.
This document summarizes Bangladesh's Power System Master Plan from 2010. It outlines 6 plans to achieve the vision of stable power supply by 2030: 1) Develop domestic energy resources like coal and gas. 2) Establish a diversified fuel portfolio with 50% coal, 25% gas, and 25% other sources. 3) Introduce high efficiency technologies to reduce emissions. 4) Build necessary infrastructure through multi-sector cooperation. 5) Establish efficient regulations and organizations. 6) Reduce poverty through socioeconomic growth enabled by stable power. Key recommendations include prioritizing coal plant development and domestic coal mining as well as strengthening operations and maintenance capabilities.
The members of the Gulf Cooperation Council (GCC), namely Qatar, Bahrain, Saudi Arabia, Kuwait, Oman,
and United Arab Emirates (UAE), are facing challenges to meet the growing electricity demand and reduce the
associated hydrocarbon emissions. Recently, there has been a pressing need for a shift towards smart power
grids, as smart grids can reduce the stress on the grid, defer the investments for upgrades, improve the power
system efficiency, and reduce emissions. Accordingly, the goal of this paper is to delineate an overview of
current smart grid efforts in the GCC region. First, we present a detailed overview of the current state of the
power grids. Then, we classify the efforts into three broad categories: (i) energy trading and exchange through
GCC interconnection; (ii) integration of renewable resources; and (iii) demand side management technologies
for shaping the demand profile. Furthermore, we provide the details of our API object level real-time GCC
power demand automated program that creates the database for the load profiles of the GCC members.
Accessing such information for research and development purposes is a critical step in the region, because
due the conservative structure of the governing institutes, there is no publicly available dataset. Therefore,
the data provided in this paper is critical and will serve as a main reference for the future research efforts.
The document discusses the power sector in Bangladesh. It provides an overview of the sector including current generation capacity, transmission lines, distribution lines, and access to electricity. It describes the hierarchy of power sector structures and issues like transmission losses and interruptions. It notes a fundamental problem is a shortage of natural resources. There is a growing gap between electricity supply and demand. Initiatives to address this include adding 9,000 MW of new capacity and developing cross-border electricity trade with India. Ongoing power plant projects include a nuclear plant and coal plant. Meeting financing needs of $9.5 billion for generation and $9.52 billion for gas infrastructure by 2025 is a major challenge.
Research Keynote: Demystifying Mexican Large-Scale Renewable Development in t...Jill Kirkpatrick
With this keynote research presentation co-presented by Wood Mackenzie’s Latin America solar and wind experts, we will break down the implications of the auction cancellation, measuring how its shockwaves will condition investment and project finance in the short-and-mid-term (in current project portfolios).
The presentation will include our forecasts for solar and wind project pipelines past 2020.
The document summarizes the nuclear supply chain in Canada. It discusses the Organization of CANDU Industries (OCI) which represents over 160 Canadian companies involved in supplying goods and services to the domestic and international nuclear industry. OCI members collectively employ over 30,000 Canadians. The document outlines key Canadian and international customers of the nuclear industry. It also highlights the economic benefits of nuclear energy in Canada, projected growth in the global nuclear market, and opportunities for Canadian companies in areas like decommissioning and waste management.
This document provides an overview of the evolution of fuel sources for power generation in the United States from 1882 to present day. It discusses the initial dominance of coal due to its low cost and availability. It then outlines key events and developments that led to changes in the fuel mix, including the introduction of nuclear power in the 1950s, the oil crises of the 1970s that spurred renewable energy development, natural gas power generation growth in the 1990s-2000s, and the recent renewed interest in coal and nuclear power. The document examines changes in industry structure and regulation over time and the role of new technologies, policies, and market forces in shaping the current U.S. power sector.
The document discusses opportunities in the energy sector resulting from the American Recovery and Reinvestment Act of 2009 stimulus package. It outlines how $787 billion was allocated, with $67 billion for energy, including $45 billion for direct energy spending and $22 billion in tax incentives. The Department of Energy received $51 billion, with $39 billion for energy programs including renewable energy, fossil fuels, electricity infrastructure, and research. The stimulus also provided $12.5 billion in loan guarantees for renewable and transmission projects.
Capacity markets were created to provide "missing money" to support new generation investments given capped energy prices. There are ongoing debates around whether capacity markets successfully incentivize new builds. While capacity markets in PJM and ISO-NE have driven some new generation, issues remain around the treatment of demand response, gas-electric integration challenges, imports, and mitigation rules. ERCOT is also facing declining reserve margins in coming years.
This document summarizes Bangladesh's Power System Master Plan from 2010. It outlines 6 plans to achieve the vision of stable power supply by 2030: 1) Develop domestic energy resources like coal and gas. 2) Establish a diversified fuel portfolio with 50% coal, 25% gas, and 25% other sources. 3) Introduce high efficiency technologies to reduce emissions. 4) Build necessary infrastructure through multi-sector cooperation. 5) Establish efficient regulations and organizations. 6) Reduce poverty through socioeconomic growth enabled by stable power. Key recommendations include prioritizing coal plant development and domestic coal mining as well as strengthening operations and maintenance capabilities.
The members of the Gulf Cooperation Council (GCC), namely Qatar, Bahrain, Saudi Arabia, Kuwait, Oman,
and United Arab Emirates (UAE), are facing challenges to meet the growing electricity demand and reduce the
associated hydrocarbon emissions. Recently, there has been a pressing need for a shift towards smart power
grids, as smart grids can reduce the stress on the grid, defer the investments for upgrades, improve the power
system efficiency, and reduce emissions. Accordingly, the goal of this paper is to delineate an overview of
current smart grid efforts in the GCC region. First, we present a detailed overview of the current state of the
power grids. Then, we classify the efforts into three broad categories: (i) energy trading and exchange through
GCC interconnection; (ii) integration of renewable resources; and (iii) demand side management technologies
for shaping the demand profile. Furthermore, we provide the details of our API object level real-time GCC
power demand automated program that creates the database for the load profiles of the GCC members.
Accessing such information for research and development purposes is a critical step in the region, because
due the conservative structure of the governing institutes, there is no publicly available dataset. Therefore,
the data provided in this paper is critical and will serve as a main reference for the future research efforts.
The document discusses the power sector in Bangladesh. It provides an overview of the sector including current generation capacity, transmission lines, distribution lines, and access to electricity. It describes the hierarchy of power sector structures and issues like transmission losses and interruptions. It notes a fundamental problem is a shortage of natural resources. There is a growing gap between electricity supply and demand. Initiatives to address this include adding 9,000 MW of new capacity and developing cross-border electricity trade with India. Ongoing power plant projects include a nuclear plant and coal plant. Meeting financing needs of $9.5 billion for generation and $9.52 billion for gas infrastructure by 2025 is a major challenge.
Research Keynote: Demystifying Mexican Large-Scale Renewable Development in t...Jill Kirkpatrick
With this keynote research presentation co-presented by Wood Mackenzie’s Latin America solar and wind experts, we will break down the implications of the auction cancellation, measuring how its shockwaves will condition investment and project finance in the short-and-mid-term (in current project portfolios).
The presentation will include our forecasts for solar and wind project pipelines past 2020.
The document summarizes the nuclear supply chain in Canada. It discusses the Organization of CANDU Industries (OCI) which represents over 160 Canadian companies involved in supplying goods and services to the domestic and international nuclear industry. OCI members collectively employ over 30,000 Canadians. The document outlines key Canadian and international customers of the nuclear industry. It also highlights the economic benefits of nuclear energy in Canada, projected growth in the global nuclear market, and opportunities for Canadian companies in areas like decommissioning and waste management.
Solar Power Project (45 MW): Bulgarian Electricity Market Study Simeon Arnaudov
This document summarizes a research project on a proposed 45 MW solar power project in Bulgaria. It includes the following key points:
- The researcher is a PhD candidate studying the Bulgarian electricity market and potential for a private Korean investment in a 20+25 MW solar power plant project.
- The document provides background on Bulgaria's energy market structure, existing renewable energy capacity, and benchmarking of solar capacity in European countries.
- Details of the proposed solar power plant project are given, including location, technology, investment costs, and observations from the researcher on potential improvements.
- Areas for further research are identified such as evaluating successful and unsuccessful practices of past Korean renewable investments in Bulgaria and assessing implications of current
For more information contact: Slideshare@marcusevans.com
Meeting the Challenge: Maintaining System Reliability While Meeting Both Economic System Performance and Governmental Policy Needs - Presentation delivered by Mike Henderson, Director, Regional Planning and Coordination, ISO New England at the Transmission & Distribution Summit 2014 Nov 2-4 Red Rock, Las Vegas
This document provides an overview of coal gasification technology and its potential application in Nigeria. It discusses Nigeria's coal industry, which has declined significantly since the discovery of oil. Integrated Gasification Combined Cycle (IGCC) is presented as a cleaner coal technology that can convert coal into syngas for electricity generation. IGCC could help address Nigeria's electricity challenges by providing an alternative to the country's heavy reliance on natural gas. However, the economics of IGCC are currently challenging due to high capital costs compared to traditional coal plants. The document concludes by recommending Nigerian energy policies to support investments in cleaner coal technologies like IGCC.
The document discusses the UK's commitment to increase renewable energy generation to 30% by 2020, with a focus on wind power. Significant challenges include dealing with wind's unpredictability, constructing and maintaining offshore wind turbines up to 200 miles from land, and installing new turbines at a rate of over one per day for a decade. Offshore wind is growing rapidly but integrating intermittent wind power at large scales will require solutions to balance supply and demand.
The document provides an overview and summary of renewable energy generation and developments in Australia in 2015. It notes that renewable energy provided 14.6% of Australia's electricity in 2015, with hydro, wind, and household/commercial solar being the largest contributors. Wind and solar generation increased by over 20% from 2014. The renewable energy target is on track to be met based on existing projects under construction or with approval, but continued investment will be needed between now and 2020 to fully achieve the target. The outlook for renewable energy in Australia remains positive.
Bridging the Gap in Long-Term Resource Planning for Utilities and Grid OperatorsNicole Green
There is a clear disconnect between long-term resource planning for utilities and grid operators and the actual market data available. But where does this distortion stem from? How can utilities and grid operators adapt their resource planning to market trends more effectively? And what does a winning bid look like compared to a losing one?
Renewable Energy A Major Opportunity Solar Energy In TurkeyPARIS
Renewable Energy: A Major Opportunity
Solar Energy in Turkey by Ulrich Zachau, Country Director of The World Bank Turkey, published in January 23, 2009 within the conference of the International Solar Energy Arena –STEAM.
John Dalton of Power Advisory LLC presented at the 7th Annual Atlantic Canada Power Summit on opportunities in the New England power market. The presentation covered:
1) The Maritime electricity market has limited need for new capacity until 2015 but opportunities exist to export renewable energy to meet New England's growing renewable portfolio standards.
2) While the New England energy market price is influenced by low natural gas prices, renewable energy prices are supported by renewable energy certificates and policies promoting low-carbon generation.
3) With transmission constraints limiting local renewable development and strong renewable energy demand driven by policies, there is potential for Maritime renewable exports to the New England market.
RCREEE-enerMENA_sudan renewable energy projects-21.08.2013RCREEE
- Sudan has a population of 33 million and borders 7 countries. Its electricity sector is overseen by the Ministry of Water Resources and Electricity.
- Sudan's electricity is generated from hydro (56.8%), steam (17.5%), and other sources like diesel. Total installed capacity is 2,533 MW and total generation in 2011 was 8,455 GWh.
- The country has potential for renewable energy from wind, solar, and other sources. Several wind and solar projects are in development totaling over 500 MW in capacity.
- The Ministry is also developing plans to expand solar home systems and develop additional renewable sources like biomass and geothermal energy.
China nuclear power sector opportunity analysisKuicK Research
“China Nuclear Power Sector Opportunity Analysis” Report Highlight:
China Power Sector Overview
China Nuclear Power Sector Overview
China Nuclear Power Sector Installed & Projected Capacity
Nuclear Fuel Procurement Overview
Insight on Existing & Upcoming Nuclear Plants
China Nuclear Power Sector Regulatory Landscape
China Nuclear Power Plant Infrastructure & Technology
China Emerging Exporter of Nuclear Reactor Technology
This document discusses energy challenges and opportunities in Belize by 2030. It provides data on Belize's total primary energy supply in 2015, which was sourced 33.5% from renewable energy like hydro, biomass, and solar. It outlines Belize's five pillars to achieve a sustainable energy roadmap by 2030: improving energy efficiency, increasing renewable energy, upgrading production through clean energy, strengthening governance, and developing universal energy access and infrastructure. Specific projects and targets are mentioned, such as contracts to increase hydro and solar electricity generation to 12% of the mix by 2020 and double sugarcane production for transport fuel.
World energy demand is projected to increase 45% by 2030, with coal accounting for over a third of the rise. This level of growth in coal is unsustainable. Turkey's current energy profile relies heavily on thermal sources like coal, gas, and oil to generate electricity. However, Turkey has abundant renewable resources like solar, wind, hydro, and geothermal. The cost of solar power is decreasing and it is projected to reach grid parity within a few years without subsidies. For Turkey to meet its growing energy needs sustainably, it will need to incentivize investment in renewable sources like solar to take advantage of its resources.
The major energy sectors in Pakistan are domestic, commercial, industrial, agricultural, transport, and government consumption. Domestic consumption has risen the most at 9% annually, while commercial, industrial, and transport have risen 2.8-4.6% and agriculture and government have fallen 7.1-1.4%. The main energy sources are oil, gas, LPG, coal, hydroelectricity, and nuclear electricity. In 2000-2001, primary energy supplies totaled 44.4 million TOE, with oil the largest at 19.3 million TOE. Development in Pakistan's energy sector has been progressing, with the commissioning of the Pak-Arab Refinery in 2001 and the Chashma Nuclear Power
This document summarizes a presentation given by Dr. Veronika Rabl on topics related to changes in the U.S. energy sector including electric generation, electricity grids, and electric transportation. It discusses the decline of coal generation and rise of natural gas, growth of renewable energy, an aging conventional generation fleet, and recommendations to support nuclear power and reduce carbon emissions.
The document summarizes initiatives several MGM Resorts International properties have undertaken to increase energy efficiency and sustainability, such as installing variable frequency drives, improving lighting efficiency, increasing recycling rates, and implementing renewable energy projects. These projects have resulted in annual savings of over $5 million and 50 million kWh of energy across MGM properties.
The document provides an overview and summary of the state of the electricity grid in New England in 2016 from ISO New England. Key points include:
1) Natural gas is the primary fuel used for electricity generation in the region, accounting for nearly 65% of new proposed generation, but gas pipeline constraints remain a reliability challenge.
2) Wholesale electricity prices are closely linked to natural gas prices, and winter prices are higher due to pipeline constraints.
3) Over 4,200 MW of generation has recently retired or will retire by 2020, signaling the need for new supply resources to replace them.
4) The region is shifting to renewable resources like wind and solar to meet state clean energy standards, but
Solar Power Project (45 MW): Bulgarian Electricity Market Study Simeon Arnaudov
This document summarizes a research project on a proposed 45 MW solar power project in Bulgaria. It includes the following key points:
- The researcher is a PhD candidate studying the Bulgarian electricity market and potential for a private Korean investment in a 20+25 MW solar power plant project.
- The document provides background on Bulgaria's energy market structure, existing renewable energy capacity, and benchmarking of solar capacity in European countries.
- Details of the proposed solar power plant project are given, including location, technology, investment costs, and observations from the researcher on potential improvements.
- Areas for further research are identified such as evaluating successful and unsuccessful practices of past Korean renewable investments in Bulgaria and assessing implications of current
For more information contact: Slideshare@marcusevans.com
Meeting the Challenge: Maintaining System Reliability While Meeting Both Economic System Performance and Governmental Policy Needs - Presentation delivered by Mike Henderson, Director, Regional Planning and Coordination, ISO New England at the Transmission & Distribution Summit 2014 Nov 2-4 Red Rock, Las Vegas
This document provides an overview of coal gasification technology and its potential application in Nigeria. It discusses Nigeria's coal industry, which has declined significantly since the discovery of oil. Integrated Gasification Combined Cycle (IGCC) is presented as a cleaner coal technology that can convert coal into syngas for electricity generation. IGCC could help address Nigeria's electricity challenges by providing an alternative to the country's heavy reliance on natural gas. However, the economics of IGCC are currently challenging due to high capital costs compared to traditional coal plants. The document concludes by recommending Nigerian energy policies to support investments in cleaner coal technologies like IGCC.
The document discusses the UK's commitment to increase renewable energy generation to 30% by 2020, with a focus on wind power. Significant challenges include dealing with wind's unpredictability, constructing and maintaining offshore wind turbines up to 200 miles from land, and installing new turbines at a rate of over one per day for a decade. Offshore wind is growing rapidly but integrating intermittent wind power at large scales will require solutions to balance supply and demand.
The document provides an overview and summary of renewable energy generation and developments in Australia in 2015. It notes that renewable energy provided 14.6% of Australia's electricity in 2015, with hydro, wind, and household/commercial solar being the largest contributors. Wind and solar generation increased by over 20% from 2014. The renewable energy target is on track to be met based on existing projects under construction or with approval, but continued investment will be needed between now and 2020 to fully achieve the target. The outlook for renewable energy in Australia remains positive.
Bridging the Gap in Long-Term Resource Planning for Utilities and Grid OperatorsNicole Green
There is a clear disconnect between long-term resource planning for utilities and grid operators and the actual market data available. But where does this distortion stem from? How can utilities and grid operators adapt their resource planning to market trends more effectively? And what does a winning bid look like compared to a losing one?
Renewable Energy A Major Opportunity Solar Energy In TurkeyPARIS
Renewable Energy: A Major Opportunity
Solar Energy in Turkey by Ulrich Zachau, Country Director of The World Bank Turkey, published in January 23, 2009 within the conference of the International Solar Energy Arena –STEAM.
John Dalton of Power Advisory LLC presented at the 7th Annual Atlantic Canada Power Summit on opportunities in the New England power market. The presentation covered:
1) The Maritime electricity market has limited need for new capacity until 2015 but opportunities exist to export renewable energy to meet New England's growing renewable portfolio standards.
2) While the New England energy market price is influenced by low natural gas prices, renewable energy prices are supported by renewable energy certificates and policies promoting low-carbon generation.
3) With transmission constraints limiting local renewable development and strong renewable energy demand driven by policies, there is potential for Maritime renewable exports to the New England market.
RCREEE-enerMENA_sudan renewable energy projects-21.08.2013RCREEE
- Sudan has a population of 33 million and borders 7 countries. Its electricity sector is overseen by the Ministry of Water Resources and Electricity.
- Sudan's electricity is generated from hydro (56.8%), steam (17.5%), and other sources like diesel. Total installed capacity is 2,533 MW and total generation in 2011 was 8,455 GWh.
- The country has potential for renewable energy from wind, solar, and other sources. Several wind and solar projects are in development totaling over 500 MW in capacity.
- The Ministry is also developing plans to expand solar home systems and develop additional renewable sources like biomass and geothermal energy.
China nuclear power sector opportunity analysisKuicK Research
“China Nuclear Power Sector Opportunity Analysis” Report Highlight:
China Power Sector Overview
China Nuclear Power Sector Overview
China Nuclear Power Sector Installed & Projected Capacity
Nuclear Fuel Procurement Overview
Insight on Existing & Upcoming Nuclear Plants
China Nuclear Power Sector Regulatory Landscape
China Nuclear Power Plant Infrastructure & Technology
China Emerging Exporter of Nuclear Reactor Technology
This document discusses energy challenges and opportunities in Belize by 2030. It provides data on Belize's total primary energy supply in 2015, which was sourced 33.5% from renewable energy like hydro, biomass, and solar. It outlines Belize's five pillars to achieve a sustainable energy roadmap by 2030: improving energy efficiency, increasing renewable energy, upgrading production through clean energy, strengthening governance, and developing universal energy access and infrastructure. Specific projects and targets are mentioned, such as contracts to increase hydro and solar electricity generation to 12% of the mix by 2020 and double sugarcane production for transport fuel.
World energy demand is projected to increase 45% by 2030, with coal accounting for over a third of the rise. This level of growth in coal is unsustainable. Turkey's current energy profile relies heavily on thermal sources like coal, gas, and oil to generate electricity. However, Turkey has abundant renewable resources like solar, wind, hydro, and geothermal. The cost of solar power is decreasing and it is projected to reach grid parity within a few years without subsidies. For Turkey to meet its growing energy needs sustainably, it will need to incentivize investment in renewable sources like solar to take advantage of its resources.
The major energy sectors in Pakistan are domestic, commercial, industrial, agricultural, transport, and government consumption. Domestic consumption has risen the most at 9% annually, while commercial, industrial, and transport have risen 2.8-4.6% and agriculture and government have fallen 7.1-1.4%. The main energy sources are oil, gas, LPG, coal, hydroelectricity, and nuclear electricity. In 2000-2001, primary energy supplies totaled 44.4 million TOE, with oil the largest at 19.3 million TOE. Development in Pakistan's energy sector has been progressing, with the commissioning of the Pak-Arab Refinery in 2001 and the Chashma Nuclear Power
This document summarizes a presentation given by Dr. Veronika Rabl on topics related to changes in the U.S. energy sector including electric generation, electricity grids, and electric transportation. It discusses the decline of coal generation and rise of natural gas, growth of renewable energy, an aging conventional generation fleet, and recommendations to support nuclear power and reduce carbon emissions.
The document summarizes initiatives several MGM Resorts International properties have undertaken to increase energy efficiency and sustainability, such as installing variable frequency drives, improving lighting efficiency, increasing recycling rates, and implementing renewable energy projects. These projects have resulted in annual savings of over $5 million and 50 million kWh of energy across MGM properties.
The document provides an overview and summary of the state of the electricity grid in New England in 2016 from ISO New England. Key points include:
1) Natural gas is the primary fuel used for electricity generation in the region, accounting for nearly 65% of new proposed generation, but gas pipeline constraints remain a reliability challenge.
2) Wholesale electricity prices are closely linked to natural gas prices, and winter prices are higher due to pipeline constraints.
3) Over 4,200 MW of generation has recently retired or will retire by 2020, signaling the need for new supply resources to replace them.
4) The region is shifting to renewable resources like wind and solar to meet state clean energy standards, but
This webinar session discusses changes to the generation portfolio, the introduction of significant renewable resources, and the deployment of customer-side resources.
Rhone Resch, President & CEO of the Solar Energy Industries Association (SEIA), presented at the GW Solar Institute Symposium on April 19, 2010. For more information visit: solar.gwu.edu/Symposium.html
Senator the Honourable Kevin Ramnarine, Minister of Energy and Energy Affairs speech from the Energy Lecture Series 2015 hosted by the Arthur Lok Jack Graduate School of Business on Wed. 12th Auguster 2015.
August 12th 2015
1) The report provides an overview of Utah's energy resources, production, and policy from the Governor's Energy Advisor and the Office of Energy Development;
2) Utah has seen growth in production of natural gas, crude oil, and coal in recent years, though development of energy resources depends significantly on federal lands and policy;
3) The Governor is pursuing an "all of the above" energy strategy and priorities include establishing a statewide energy office, keeping public lands open for development, and enhancing technology advancement.
Energy Efficiency: A Sign of Personal Virtue or an Untapped Business Opportun...Sasin SEC
by Peter du Pont, Vice-President, Government & Clean Energy Consulting, Nexant Inc.
According to the Asian Development Bank, a total of $944 billion of investment will be needed in energy savings opportunities by 2020 in order for China, India, and Southeast Asian countries to meet their national targets for EE and greenhouse gas emission reductions. Yet only a fraction of this investment is currently being planned. This talk will address the proverbial $20 bill lying on the ground and describe why there are so few takers, and what is needed to “sex” up energy efficiency so that it becomes a more broadly bankable business opportunity. It will describe different business and regulatory models for stimulating investments in energy efficiency in buildings, factories, and the transport sector.
Dr. Peter du Pont leads the clean energy initiatives at Nexant Asia and has more than 25 years of experience developing sustainable energy and efficiency programs in the U.S. and Asia.
The document provides a comparison of major independent power producers in the US, including Calpine, Dynegy, Talen Energy, NRG, and American Electric Power (AEP). It summarizes key metrics such as total enterprise value, generation capacity, power plant and unit counts, fuel types, market presence, credit ratings, and financial metrics. Calpine has the largest renewable capacity and filed for bankruptcy in 2005. Dynegy emerged from bankruptcy in 2012 and has significant coal assets. Talen Energy acquired Mach Gen in 2015 and owns transmission lines. NRG has a diverse fleet across various fuel types and regions. AEP owns extensive transmission infrastructure.
The document discusses two difficulties for energy storage: 1) The energy storage market has not been as robust as predicted due to falling natural gas prices undermining storage applications that compete with gas generation like peak shaving and integrating renewables. 2) Operating bulk energy storage can increase emissions as it replaces clean with dirty electricity and has transmission losses. The author models a bulk storage device in various locations and finds net CO2 emissions are significant while NOx and SO2 emissions vary widely but can be large. Falling gas prices have made energy storage uneconomic for applications that compete with gas generation.
World Energy Scenarios 2016 (preliminary)IEA-ETSAP
The document summarizes key findings from the World Energy Council's Global Scenario Study. It presents 3 scenarios for global energy development to 2060: Modern Jazz, Unfinished Symphony, and Hard Rock. The scenarios differ in assumptions around economic growth, policies, and technologies. Key findings include: 1) world primary energy growth peaks before 2030 due to new efficiencies, 2) electricity demand doubles requiring major infrastructure, 3) wind and solar continue rapid growth, 4) coal and oil demand peaks may create stranded resources, 5) decarbonizing transport is very challenging, and 6) a 2°C target requires unprecedented global cooperation and carbon pricing. The study was conducted by PSI using its Global MARKAL energy systems model
I spoke at the Harvard Club in February of 2020 on renewable energy, how it can be used to provide a low carbon fuel to electric vehicles, and how both can play a greater role in reducing climate change and increasing jobs and economic growth if government policy helps promote the technologies.
Utilizing solar+storage to obviate natural gas peaker plants Clean Coalition
This document discusses how energy storage can replace natural gas peaker plants and new transmission lines by providing reliable local capacity through distributed energy resources like solar and storage. It summarizes a study that found solar+storage could meet local capacity needs in the Moorpark area more cost effectively than a proposed natural gas plant, even when accounting for long term fuel and maintenance costs. The study also found solar+storage could meet transmission reliability needs more cost effectively than a proposed new transmission line from Moorpark to Pardee. The document argues energy storage is key to transitioning to a more distributed, renewable and resilient grid architecture.
This document summarizes Utah's energy resources and goals. It outlines that Utah has significant coal, natural gas, oil, uranium, solar, wind, geothermal, and other energy resources. It also discusses Utah's goals of achieving 20% renewable energy by 2025 and reducing greenhouse gas emissions. Major renewable energy zones are identified for solar, wind, and geothermal resources with generation potential in the gigawatts and megawatts. Energy efficiency is also emphasized as an important resource.
Exclusive executive briefing covering demand drivers, pricing trends, and how consolidation will impact M&A in the solar, wind and storage markets in the next five years.
This document provides an overview of waste-to-energy (WTE) facilities in the United States, including state profiles of top WTE states, incentives and concerns regarding WTE, and costs associated with building and operating WTE plants. Key details include Florida and New York having the most WTE facilities, incentives like tax credits and grants supporting renewable energy, concerns around emissions and permitting, and capital costs of around $200,000 per daily ton of waste processed.
This document summarizes FPL Group, a major U.S. energy company. It operates Florida Power & Light, one of the largest electric utilities in the U.S., serving over 4.5 million customers. It also operates FPL Energy, a wholesale power generator with assets in 26 states and Canada totaling over 38,000 MW. FPL Group has a diversified portfolio with over 70% from clean sources like natural gas, nuclear, and wind. It is recognized as one of the cleanest generators and most admired companies in the U.S.
This document summarizes FPL Group, a major U.S. energy company. It operates Florida Power & Light, one of the largest electric utilities in the U.S., serving over 4.5 million customers. It also operates FPL Energy, a wholesale power generator with assets in 26 states and Canada totaling over 38,000 MW. FPL Group has a diversified portfolio with over 70% from clean sources like natural gas, nuclear, and wind. It is recognized as one of the cleanest generators and most admired companies in the U.S.
Paths for decarbonizing power and transport in the LAC regionAIDA_Americas
Presentación de Walter Vergara, miembro sénior del World Resources Institute (WRI), en el seminario virtual "Cambio climático: ¿A qué nos enfrentamos y cómo hacerlo mejor?", realizado el 29 de septiembre de 2017.
Similar to Preparing for a post carbon future (20)
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
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Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
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Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
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After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
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Applying the Global Internal Audit Standards_AIS.pdf
Preparing for a post carbon future
1. 25th Annual
Global Power Markets
Conference
Brave New World
Preparing for a Post-Carbon Future
April 11 – 13, 2010
Las Vegas, Nevada
Peter Maloney
Chief Editor, Platts Global Power Report
2. Global Power Markets 2010: CEO Round Table
US Climate change/energy bills
Bill Number Sponsor(s) Cap & trade Status Comment
American Clean
Energy and
passed out of
Security Act H.B. 2454 Waxman-Markey yes
House June 26
Clean Energy Jobs
and American
Power Act S. 1733 Kerry-Boxer yes
passed out of Env.
& Pub. Works
Comit. Nov. 5
Dept. of Ag.
Handles offsets
American Clean
Energy Leadership S. 1462 Bingaman no
passed by Energy
& Nat. Res. Comit.
June 17 energy only
Clean Energy
Partnerships Act S. 2729 Stabebnow no
referred to Sen.
Env. & Pub. Works
Comit. outline for offsets
Clean Energy Act S. 2776 Alexander-Webb no
introduced Nov. 1,
2009
nuclear power,
loan guarantees
Carbon Limits and
Energy for
American's
Renewal Act S. 2877 Cantwell-Collins no
introduced Dec.1,
2009; referred to
finance committee cap and dividend
draft na
Kerry-Graham-
Liebermann unknown draft
3. Global Power Markets 2010: CEO Round Table
Climate Hot Air Index
250
200
150
100
50
0
105th
(1997-98)
106th
(1999-00)
107th
(2001-02)
108th
(2003-04)
109th
(2005-06)
110th
(2007-08)
Congress
legislative initiatives
4. Global Power Markets 2010: CEO Round Table
Electricity demand
three year rolling average % growth
12
10
8
6
4
2
0
-2
1950
1960
1970
1980
1990
2000
2010
2020
2030
Source: Energy Information Administration
Period Annual growth
1950s 9.8
1960s 7.3
1970s 4.7
1980s 2.9
1990s 2.4
2000-2008 0.9
2008-2035 1.0
5. Global Power Markets 2010: CEO Round Table
Spot on-peak power prices
300
250
200
150
100
50
0
3/3/2008
5/3/2008
7/3/2008
9/3/2008
1/3/2009
3/3/2009
5/3/2009
7/3/2009
9/3/2009
11/3/2008
11/3/2009
1/3/2010
$/MW-month
Mass Hub
PJM Western Hub
NI Hub
Into Southern
SP15
Spot natural gas prices
18
16
14
12
10
8
6
4
2
0
3/3/2008
5/3/2008
7/3/2008
9/3/2008
1/3/2009
3/3/2009
5/3/2009
7/3/2009
9/3/2009
11/3/2008
11/3/2009
1/3/2010
$MMBtu
Algonquin
Columbia Gas App
SoCal Gas
Chicago
Transco Zone-3
A double whammy on pricing
6. Global Power Markets 2010: CEO Round Table
Recipients of cash grants in lieu of PTCs under the ARRA
total awards as of April 2010, $3 billion
• Acciona
• AES Corp.
• Cannon Power
• enXco
• E.ON
• Eurus
• EverPower
• First Wind
• Heritage Sustainable Energy
• Horizon Wind Energy
• Iberdrola
• Invenergy
• John Deere
• NaturEner
• Next Era Energy Resources
• Puget Sound Energy
• Valero
7. Global Power Markets 2010: CEO Round Table
Federal loan guarantee commitments
• Kahuku Wind Power, $117 million, wind farm
• SAGE Electrochromics, $72 million, energy efficient window factory
• BrightSource Energy, $1.4 billion, solar power project
• Vogtle (Georgia Power, Oglethorpe Power, Municipal Electric Authority of Georgia,
Dalton, Ga. ), $8.3 billion, two nuclear power units
• Solyndra, $535 million, cylindrical solar PV panel factory
• Beacon Power, $43 million, flywheel energy storage plant
• Nordic Windpower, $16 million, wind turbine assembly factory
• Red River Environmental Products, $245 million, activated carbon factory
• Ford Motor, $5.9 billion, more fuel efficient cars
• Nissan, $1.4 billion, electric cars and battery packs
• Tesla Motors, $465 million, battery packs and electric drive trains
• Fisker Automotive, $528.7 million, plug-in hybrid vehicles
8. Global Power Markets 2010: CEO Round Table
Power plants under construction in the US, by fuel
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
2009 2010 2011 2012 2013
MW
COAL
Natural Gas
Nuclear
Solar
WIND
9. Global Power Markets 2010: CEO Round Table
Power plants in development, by fuel
18,000
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
MW
COAL
Natural Gas
Nuclear
SOLAR
WIND
10. Global Power Markets 2010: CEO Round Table
Brave new technologies
• Smart grid technologies
• Demand side management and energy efficiency
• New solar panels and solar cells
• Carbon capture and storage
• Flywheel storage
• Battery storage
• Electric vehicles
• Hybrid vehicles
11. Global Power Markets 2010: CEO Round Table
David Crane,
President, Chief Executive Officer
12. Global Power Markets 2010: CEO Round Table
12
South Central
Western
Northeast
Texas
Combined Scale1
Gas
2,130MW
99%
Oil
3,715 MW
53%
Gas
1,430 MW
20%
Coal
1,870 MW
27%
Coal
7,560 MW
32%
Oil
3,715 MW
16%
Nuclear
1,175 MW
5%
4,180 MW
Wind
345 MW
3%
Nuclear
1,175 MW
10%
Coal
Gas 37%
5,640 MW
50%
1 Includes 115 MW as part of NRG’s Thermal assets. For combined scale, approximately 2,095 MW is
dual-fuel capable. Reflects only domestic generation capacity as of December 31, 2009
Gas
10,660 MW
Renewables 45%
365 MW
2%
Solar
20 MW
<1%
Coal
1,495
MW
52%
Gas
1,355 MW
48%
13. Global Power Markets 2010: CEO Round Table
13
Platt’s 2007 Recipient of Energy Company and Industry Leader of the Year
Fuel
Supply
Fortune 500– Ranked 12th Fastest Growing Company (2009)
Fortune 500– Ranked in top 10% for “Best Investment” (2008)
NRG: The center of the power industry value chain.
Fuel
Transportation
NRG
Power
Generation
Reliant Energy
Transmission Distribution Retail
(Customer)
• Oil, gas, coal
companies
• Common carriers:
Pipelines, Trains,
Ships
• Investor and
Government Owned
Utilities
• Merchant Generator
(NRG, etc.)
• From Generator
to Distribution
substation
• From Distribution
substation to
home or business
• Residential,
commercial, and
industrial
NRG US Wholesale generation
totaling 23,475 MW (1)
• 10,660 MW gas
• 7,560 MW coal
• 3,715 MW oil
• 1,175 MW nuclear
• 365 MW renewables
(1) MW data as of December 31, 2009
Listed: NYSE (NRG)
Market Cap.: ~$6 billion; Employees: ~4,300
Generating Assets: ~23,500 MW, primarily in four domestic regions
14. Global Power Markets 2010: CEO Round Table
14
Fossil fuels go to the customer, customers need to go to Renewables
Resource
Dark=Higher
Light=Lower
Renewables are:
• Smaller
• Broader
• More local
• Situationally dependent
Wind
Wind, Solar
Distributed
MAB1
Biomass CHP
Plasma
Biomass
Corridor
Regional
Centers of
Excellence
Solar
PV
Solar
CSP
15. Global Power Markets 2010: CEO Round Table
Jack A. Fusco ,
Pre side nt, Chie f Exe cutive Office r
16. Global Power Markets 2010: CEO Round Table
Southeast
6,104 MW
25%
North
3,350 MW
14%
West
7,854 MW
31% Texas
7,487 MW
30%
Baseload
4,080 MW
16%
Peaking
5,145 MW
21%
Intermediate
15,570 MW
63%
National Portfolio of nearly 25,000 MW
17. Global Power Markets 2010: CEO Round Table
Calpine is the nation’s largest baseload renewable, natural gas
Calpine is the nation’s largest baseload renewable, natural gas
and cogeneration power provider
and cogeneration power provider
Modern
-
50
40
30
20
10
CPN DYN RRI NRG MIR
Age (Years)
Efficient
Source: Energy Velocity (2008). Not adjusted for steam, and excluding non-fossil
fuel generation.
2,500
2,000
1,500
1,000
500
-
100,000
80,000
60,000
40,000
20,000
14,000
12,000
10,000
8,000
Note: All DYN figures are shown pro forma, adjusted to reflect estimated impact of the sale of certain assets to LS Power during 2009.
CPN DYN MIR NRG RRI
CO2 lbs. / MWh
Clean
-
CPN NRG DYN RRI MIR
2008 Generation (MWh)
Scale
Source: Energy Source: Energy Velocity (2008). Velocity (2008).
Source: 2008 SEC filings, Energy Velocity.
6,000
CPN DYN RRI NRG MIR
Heat Rate (btu/KWh)
Our steam-adjusted heat
rate is 7,231
18. Global Power Markets 2010: CEO Round Table
Trend Impact on
CCTG Fleet
Calpine: Calpine: P Poossititioionneedd f foorr t thhee F Fuuttuurree
Impact on
Coal Fleet
19. Global Power Markets 2010: CEO Round Table
Michael G. Morris,
Chairman, President and CEO
20. Global Power Markets 2010: CEO Round Table
Serving 5.2 million
customers in 11 states
2009 Earnings Contribution
Columbus
Southern
Power
20%
Appalachian
Power
13%
All Others
6%
Indiana &
Michigan
16%
Public
Service of
Oklahoma
5%
Southwestern
Electric
Power
9%
Texas
7%
Kentucky
Power
2%
2009 Retail Load Fuel Mix**
Residential
32%
Commercial
27%
Wholesale *
11%
Nuclear
6%
Natural Gas
22%
Hydro/Wind
6%
** Based on Capacity
AEP’s Regulated Utility Platform
Ohio
Power
22%
Industrial
30%
* Wholesale includes sales to municipal
and cooperative power systems, other
wholesale, and other retail sales
Coal 66%
21. Global Power Markets 2010: CEO Round Table
SSPPPP EERRCCOOTT PPJJMM PPJJMM//MMIISSOO
Prairie Wind COD: 2013-14
110 miles of 765 kV
Partners: Westar (50%) & Electric
Transmission America (50%)
Estimated Cost: $400 million
ROE: 12.8%
Tallgrass COD: 2013-14
AACCTTIIVVEE
PPRROOJJEECCTTSS
Pioneer COD: 2015
FFUUTTUURREE
DDEEVVEELLOOPPMMEENNTT
ETT COD: 2010-2017
345 kV ERCOT Expansion
Partner: MidAmerican Energy (50%)
Estimated Cost: $1.4 billion
ROE: 9.96%
170 miles of 765 kV
Partners: OG&E (50%) & Electric
Transmission America (50%)
Estimated Cost: $500 million
ROE: 12.8%
PATH-WV COD: 2014
275 miles of 765 kV
Partner: Allegheny Energy (50%)
Estimated Cost: $1.2 billion
ROE: 14.3%
240 miles of 765 kV
Partner: Duke Energy (50%)
Estimated Cost: $1 billion
ROE: 12.54%
SPP EHV Overlay
Regional Expansion of 765 kV Backbone
SMARTransmission Study
Interregional EHV & Wind Integration
Study
Partners: ATC, Exelon, MidAmerican
Energy, Northwestern Energy, Xcel
Energy
ETT COD: various
Additional CREZ spend of ~ $1.1 billion (COD
2012-2013, subject to a 6-month routing
approval)
Other Projects Pending Transfer of ~ $600
million (COD 2010-2013)
PJM Expansion
Regional Expansion of 765 kV, 500 kV
and 345 kV systems
EHV Michigan/Ohio
700 miles of Proposed 765 kV
SSPPPP EERRCCOOTT PPJJMM PPJJMM//MMIISSOO
23. Global Power Markets 2010: CEO Round Table
Zin Smati,
President, Chief Executive Officer
24. Global Power Markets 2010: CEO Round Table
24
EE uu rr oo pp ee
RReevveennuuee:: €€6688..66 bbnn
118811,,992200 eemmpp..
Leader in Electricity
World’s largest IPP
#5 power producer in Europe
Committed to renewables: 13GW of
renewable production at present
NN oo rr tt hh
AA mm ee rr ii cc aa
RReevveennuuee:: €€44..66 bbnn
55,,330000 eemmpp..
Leader in Natural Gas
#1 purchaser in Europe
#1 transporter and distributor in Europe
#2 operator of European storage
Leader in LNG
Trans-Atlantic leader in LNG industry,
largest LNG tanker fleet
#1 importer & buyer in Europe
#1 importer into the U.S.
SS oo uu tt hh
AA mm ee rr ii cc aa
RReevveennuuee:: €€22..66
bbnn 33,,005500 eemmpp..
AA ff rr ii cc aa
RReevveennuuee:: €€00..99
bbnn
33,,553300 eemmpp..
AA ss ii aa &&
PP aa cc ii ff ii cc
RReevveennuuee:: €€33..22 bbnn
66,,220000 eemmpp..
2009 revenues: €€7799..99 bbiilllliioonn 2009 EBITDA: €€1144..00 bbiilllliioonn
Global workforce: 220000,,000000 eemmppllooyyeeeess Worldwide Generating Capacity: 7722,,666633 MMWW
25. Global Power Markets 2010: CEO Round Table
25
Current Fuel Mix
Power Generation
Coal
12%
Gas
67%
Renewable
21%
Northeast
•Power Generation
•LNG Importation
•Gas Sales
•Retail Sales
Canada
•Power
Generation
•Operate 2 of
the largest wind
farms in eastern
Canada
Texas •RECs
•North American
HQ
•Power
Generation
•Gas Storage
•Retail Sales
Current Geographic Mix
Power Generation
TX
14%
Southeast
Others
12%
Northeast 28%
46%
Mexico
•Gas LDCs
•Gas Pipelines
•Gas Sales
•Power
Generation
One of the largest IPP’s
#3 biomass generator in U.S.
#1 private gas transmission
company and #2 LDC in Mexico
#1 importer of LNG in U.S.
#2 C&I electricity retailer in U.S.
Office
Power Plant
Renewable
LNG Regas
E & P Region
26. Global Power Markets 2010: CEO Round Table
26
How Is GDF SUEZ Positioning Itself
in North America for the Future?
Buy vs. Build
Based on current economic circumstances – Buy more than Build to deepen and
diversify
•There are a number of good opportunities in the energy sector.
Natural Gas
Natural gas is the energy of choice to drive transition to a low-carbon economy.
• Solidify our LNG and natural gas stronghold positions in New England and
Mexico through existing and new gas supply and sales opportunities.
• Continue growing in natural gas-fired generation (recent GDF SUEZ example:
Astoria Energy I and II).
Renewables
Renewable energy is a strategic commitment of GDF SUEZ. We will develop both
greenfield and acquisition opportunities to increase our renewable energy presence.
• Further improve the carbon position of our fleet.
• Avail ourselves to stimulus funding in U.S. and RFPs in Canada and Mexico.
27. Global Power Markets 2010: CEO Round Table
27
25th Annual
Global Power Markets Conference
Questions?
Brave New World
Preparing for a Post-Carbon Future
April 11 – 13, 2010, Las Vegas, Nevada