View
1
Download
0
Category
Preview:
Citation preview
Matthias BausenweinGeneral Manager for Ørsted Asia Pacific
Chairman Ørsted Taiwan
해상풍력의핵심요소
Ørsted의변화
대만의성공사례와한국의파트너쉽
Black 에서 Green energy로중대한전략변경그리고 Oil & Gas사업철수
녹색에너지로움직이는세상만들기
4
• Headquartered in Denmark
• 50.1% owned by the Danish State
• Listed in the Nasdaq OMX: ORSTED
• 5,638 employees
• Revenue in 2017 DKK 59.5 bn (EUR 8.0 bn)
• EBITDA in 2017 DKK 22.5 bn (EUR 3.0 bn )
• Phase out the use of coal by 2023
•
•
•
Ørsted 회사개요
* Share of the Ørsted Group’s capital employed, Annual Report 2017
Ørsted Asia Pacific, Oct 2018
Ørsted, 해상풍력분야의글로벌리더
5
전세계대형해상풍력개발사 (글로벌개발용량, GW)
0.30.3
3.6
클러스터시너지효과가가능한Ørsted Wind Power의규모
28% 7% 10% 9% 2% 1% 0%
Source: Bloomberg New Energy Finance, August 2018, Ørsted analysis
2%
% share of global constructed capacityConstructed Under construction
3% 4% 2%
Operational offshore wind farms
Offshore wind farms under construction
Cluster
1
4
3
2
Synergies
✓ Lower logistics costs
✓ Fewer technician hours
✓ Fewer facilities needed
✓ Lower inventory levels
• UK West coast (East Irish Sea): Barrow, Burbo Bank,
Burbo Bank Extension, West of Duddon Sands,
Walney 1, Walney 2, Walney Extension
• East UK North: Westermost Rough, Lincs, Race
Bank, Hornsea 1, Hornsea 2
• East UK South: London Array 1, Gunfleet Sands 1,
Gunfleet Sands 2, Gunfleet Sands 3
• Germany: Borkum Riffgrund 1, Borkum Riffgrund 2,
Gode Wind 1, Gode Wind 2
• Danish waters: Anholt, Nysted, Horns Rev 2,
Middelgrunden
Dutch waters: Borssele 1 & 2
1
2
4
5
3
Innogy
E.ONVattenfall
Iberdrola Northland
Power
Equinor
CIP
SSE
Shell
EnBW
6
WPD
1%
Van Oord
1%
5
1.3
5.1
1.9
0.80.4
0.6
3.8
0.3
0.8
0.91.1
1.91.6
0.4
0.4
0.30.7
0.1
0.6
0.6
0.9
0.4
0.3
0.3
0.30.5
0.30.2
0.2
2.0
0.20.2
0.1
8.9
0.5
2.2
0.2
0.8 0.70.5 0.4 0.4
6
UK 5.8 GW
Germany 1.4 GW
Denmark 1.0 GW
Netherlands 0.8 GW
China
LongyuanEneco
2% 1%
Ørsted Asia Pacific, Oct 2018
Note 1: London Array is operated by London Array Limited
단순디벨로퍼가아닌통합에너지회사
6
Develop OperateBuild Own
우수한통합적비즈니스모델
25+ years in offshore wind sector
Always built on time, on budget!
Long-term commitment, entering a market to stay
Proven track record in developing local, long-term partnerships
A trusted partner & advisor
We have partnered up with
Ørsted Asia Pacific, Oct 2018
7
Unparalleled experience and track recordGlobal footprint
Walney Extension
West of Duddon Sands
Westermost Rough
Isle of Man
Walney 1 & 2
Barrow
Burbo Bank Ext.
Burbo Bank
Gunfleet Sands 3
Gunfleet Sands 1 & 2
Lincs
London Array
Race Bank
Horns Rev 1 & 2
Hornsea 1
Anholt
Middelgrunden
Vindeby
Nysted
Borkum Riffgrund West 1&2
Borkum Riffgrund 2
Borkum Riffgrund 1
Gode Wind 1
Gode Wind 4
Gode Wind 2
Bay State Wind
24 offshore wind farms
in operation
4 offshore wind farms
under construction
19Partnerships
25+ years of experience
and track record in the
offshore wind power sector
1991 2018
3.8 GWunder
construction
~ 2,300 Dedicated
employees
5.1 GW Constructed
capacity
14 million
people with
clean
electricity
~ 1,200
turbines
World's
leading
operator
Coastal Virginia
Avedøre
Under construction
In operation
Under development
Decommissioned after 25 years
Asia Pacific
Formosa 1.1Formosa 1.2
USA Europe
Greater Changhua projects
OWP West
Ocean Wind
Hornsea 2 Hornsea 3 & 4
Borssele 1&2
Ørsted의해상풍력단지개요
Constitution Wind
Gode Wind 3
Ørsted Asia Pacific, Oct 2018
8
의변화 세기초반부터중대한과제에직면
DONG Energy established through merger in 2006
Invested broadly to identify new growth
Legacy business eroding
Operating profit (EBITDA), DKK bn
1.1
-72%
3.8
Conventional power production
-141%
-1.5
3.5
2007 2012
Mid-stream gas business
L N G
– Onshore wind
– Offshore wind
– Hydro
– Conventional
Power Plants
– Waste Fired
Power Plants
– Virtual Power
Plants
– Distribution Grids
– Electric Vehicles
– Gas Storage
– LNG
– Oil & Gas
2007 2012
Ørsted Asia Pacific, Oct 2018
의변화를주도하는 가지주요견인책
91. Includes onshore wind, hydro power plant, gas-fired power plants (UK, NO), GTF office, Danish gas storage, and ‘other’Ørsted Asia Pacific, Oct 2018
Divested non-core assets of DKK 17 bn.1
Invested DKK 81 bn. to expand offshore wind to 3.8GW today with secured pipeline to reach 8.8GW by 2022
Farmed down 12 wind farms to recycle DKK 65 bn. of capital
Reduced offshore wind cost-of-electricity by 50%
Converted 5 of 7 heat and power plants to biomass to secure profitability and announced “coal-free by 2023”
Turned around loss-making long-term gas contract portfolio, gaining DKK 6.4 bn. from compensation payments
Initiated strategic shift in retail business from commodity sales to integrated, green energy solutions
Lowered net interest-bearing debt and stabilized credit ratings
Restructured and divested legacy, upstream Oil & Gas division
Changed the company name and visual identity to reflect new green platform
10
지속적인변화를위한 의재정계획
1. Seas NVE, Syd Energi, Insero, Nyfors, and employees
Ørsted Asia Pacific, Oct 2018
Cash generated from mid-2013 to end-2014
DKK bn
1 Re-focus portfolio 12 4 business areas
2 Divestments DKK 23 bn (KRW 4,100 bn)
3 Cost reductions DKK 1.2 bn (KRW 211 bn)
4 Equity injection DKK 13 bn (KRW 2,300 bn)
✓
✓
✓
✓
2.3
ATP / PFA TotalGoldman
Sachs
36
5.7
Hydro
4.5
London
Array
(25%)
Gas-fired
plants
(NO, UK)
4.9
1.9
Onshore
wind
Gentofte
office
Other
2.5
3.5
8.0
23
3.0
Other1Total
divestments
Divestments Equity injection
11
의전통발전비지니스의변화
1. Adjusted for divested activities
2. Ability to use coal retained in case of force majeure
Ørsted Asia Pacific, Oct 2018
Transformation of Danish power plant business Biomass conversions well underway – coal will be fully phased out by 2023Ørsted fuel composition, %2Danish portfolio of central plants, GWe
OPEX, DKK bn
# of FTEs1
-40%
3.0
20162009
5.0
2.9
20162009
-48%
1.5
~800
-58%
~1,900
20162009
27%
82%
18%
14%
6%
12%
12%
66%
46%
7%
6%
2023
1%
2016
100%100%
2006
3%
100%
Gas (DK)Waste Oil Gas (NL)Coal Biomass
12
✓
✓
✓
✓
년 사에 의 사업매각
✓
✓
✓
✓
✓
✓
13
로순조로운변화진행중
Ørsted Asia Pacific, Oct 2018
Share of green power
%
CO2-emissions
g / kWh
2023
59
13
2007 2020Today
>95
80
100
<20
164
-96%
452
202320202007 Today
해상풍력의핵심요소
Ørsted의변화
대만의성공사례와한국의파트너쉽
독일사례 기획단계에서부터안정적인보조금정책으로장기적인비용절감달성
15
Offshore wind LCOE development DEEUR / MWh (real)
0
50
100
150
200
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Internal use
Feed-in-tariff & introduction
of fixed market premium Competitive auctions
German projection
German development
GW build-out
Reliable market conditions to build-
up (local) supply chain for long
term cost reductions
Maturation: Reap harvest of well managed supply
chain, through intense market competition to ensure
long term competitiveness
End 2015: Stable
industry with 18000
Jobs in offshore
wind createdEnd 2019:
10 years of
subsidy
7- 10 years
1 - 2 years
20-25 years
Project Development
and preparation Construction Operational Phase
Building permitFinal
investment
decision
Grid capacity
allocation
Grid connection
16
Investment Revenue
해상풍력사업 명확하고안정적인제도의뒷받침필요
Key takeaways:
Offshore wind development is a long term process, clear targets, a long term stable regulatory framework (e.g. FIT, relaxation of EIA, regulation for use of general sea areas) are needed
해상풍력의핵심요소
Ørsted의변화
대만의성공사례와한국의파트너쉽
개발자산을보유한최대의해상풍력디벨로퍼
18
Competitive landscape for round two projects 1.8 GW grid has been secured in Taiwan
920
1,058
744
600506
409300
900
300
1,820
1,044
FiT Auction
해상풍력사업을위한현지화전략
19
Supply chain development Financing Strategy
Job creation & talent training Research & development
DD Radar Energy Storage
Ørsted Asia Pacific, Sep 2018
대만내최초해상풍력단지개발과금융조달경험
20
Wind farm location
Project highlights
▪ The 1st offshore wind farm in Taiwan (demonstration project)
▪ Distance to shore: 2-6 km
▪ Water Depth: 15-32 m
▪ Capacity: 128 MW
Phase I 8 MW (2 x 4 MW) completed in Apr 2017
Phase II 120 MW (20 x 6MW) to be installed in 2019
▪ Signed Phase II PPA with TaiPower in Dec 2017
▪ Financial close in Jun 2018
Ownership structure
• Ørsted: 35%
• Swancor: 15%
• Macquarie: 50%
Ørsted Asia Pacific, Oct 2018
21
Global footprint
Korean suppliers are already partners in
Ørsted’s five different wind farms in UK
• Westermost Rough (210MW – COD 2015)
• LS cables
• Race Bank (517MW – COD 2018)
• POSCO steel
• Walney Extension (659 MW – COD 2018)
• POSCO steel
• CS Wind Tower
• Hornsea 1 (1,218 MW – COD 2020)
• POSCO steel
• LS cables
• CS wind Tower
• Hornsea 2 (1,386 MW – COD 2022)
• Confirmed supplier LS cables
• Supplier discussions ongoing with other
Korea suppliers
Walney Extension West of Duddon Sands
Westermost Rough
Isle of Man
Walney 1 & 2
Barrow
Burbo Bank Ext.
Burbo Bank
Gunfleet Sands 3
Gunfleet Sands 1 & 2
Lincs
London Array
Race Bank
Horns Rev 1 & 2
Hornsea 1
Anholt
Middelgrunden
Vindeby
Nysted
Borkum Riffgrund West 1&2
Borkum Riffgrund 2
Borkum Riffgrund 1
Gode Wind 1
Gode Wind 4
Gode Wind 2
Bay State Wind
Coastal Virginia
Avedøre
Taipei office
Under construction
In operation
Under development
Decommissioned after 25 years
Asia Pacific
Formosa 1.1Formosa 1.2
Boston office
USA Europe
Greater Changhua projects
OWP West
Ocean Wind
Hornsea 2Hornsea 3 & 4
Borssele 1&2
년이후현재까지 한국업체와총 억공급계약체결
Constitution Wind
Ørsted Asia Pacific, Oct 2018
Gode Wind 3
Recommended