Post on 18-Mar-2018
2
Contents
1. Energy planning
2. Endesa in Latin America
3. Expansion technologies
4. Projects portfolio
3
DEMAND
Energy planningAlgorithm of definition of works plans
MHTME
Other sources- CNE (authority)- Market
DEMANDDemand for:- Year- Month- Hourly block- Bar
POA – PM bases
∆Γ
Optimum work
plans?
Existing plantsPlants under construction &
decidedTechnologies:- Hydro- Mini-hydro- Wind- Geothermal- Coal steam- Biomass- Gas turbines
Candidate plantsBackground:
- Available resources- Start-up date
Technical characteristics:- Installed capacity- Availability- Specific consumption-Hydrological/wind statistics- Connection node.
Development technologTechnical
characteristics + fixed costs
Investment costs & capital cost
Market information:
AuthorityCompetition Ingendesa
MarketRecent tenders
Check work plans of Gx y Tx
∆ dda Consumption
Viableprojects
Works plan
NO Yes
OFFER
Transmission system
Existing (works under construction &
decided)Projected works- Interconnections- Tx capacity- Impedence- Topology- AVNR+COyM
Size of the system
For the study horizon- Spot prices- Units dispatch - Form capacity- Valuation of contracts- Tx flows- State of reservoirs- Assurance of supply- Others
OUTLETS
Values for each month, monthly demand block &
node:• Expected values• Distribution of probability
RestrictionsEnergy policy
guidelines(ERNC, Mix hydro
thermal)
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Contents
1. Energy planning
2. Endesa in Latin America
3. Expansion technologies
4. Projects portfolio
5
Endesa in Latin AmericaDescription of Endesa’s assets
▪Installed capacity SIC: 4,712 MW
Endesa Chile: 2,787 MWPangue: 467 MWPehuenche: 699 MWSan Isidro I&II: 732 MWEndesa Eco: 27 MW Celta (SING): 182 MW50% Gas Atacama (SING): 390 MW
▪ Hydro share: 66%▪Market share: 36% ▪ 26 plants
Chile
▪ Cachoeira (Gx): 665 MW▪ Fortaleza (Gx): 322 MW▪ Ampla (Dx): 2.4 m customers▪ Coelce (Dx): 2.7 m customers▪ Cien (Tx): 2,100 MW
Endesa Brasil & related companies
▪ Installed capacity: 2,895 MW▪ Hydro share: 85%▪Market share: 21%▪ 11 plants
Emgesa
▪Installed capacity: 1,465 MW▪ Hydro share: 51%▪Market share: 28%▪ 9 plants
Edegel
Argentina
▪ Installed capacity: 4,514 MW
Costanera: 2,324 MWEl Chocón: 1,200 MW
▪ Hydro share: 29%▪Market share: 17% ▪ 6 plants
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Endesa in Latin AmericaDetail of Endesa’s assets
(*) Estimated Value
Endesa - Market share in installed capacity
36%
17%21%
28%
1%0%
5%
10%
15%
20%
25%
30%
35%
40%
Chile Argentina Colombia Peru Brazil
Shar
e
Market Share
Endesa - Generation by technology
Thermal45%
Wind0%
Hydroelectric55%
Total generation to September 47,195 GWh
Endesa - Instaled capacity by technology
Hydrolectric8.649 MW
57%
Thermal6.483 MW
43%
Wind18 MW
0%
Total present installed capacity 15,147 MW
,
Endesa - Energy Generated
41,126 42,67948,751 51,449
57,493 54,44059.408*
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
2002 2003 2004 2005 2006 2007 2008
[GW
h]
Endesa Latin America generation
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Contents
1. Energy planning
2. Endesa in Latin America
3. Expansion technologies
4. Projects portfolio
8
Expansion technologiesReference average costs
0
50
100
150
200
Reservoire hydro450MW
Coal 345MW Nuclear 1.000MW CC GNL 376MW CC Diesel356MW
TG GNL 240MW TG Diesel240MW
Ave
rage
Cos
t [U
S$/M
Wh]
45-55US$/MWh
80-100US$/MWh
95-100US$/MWh
110-120US$/MWh
140-150US$/MWh
150-160US$/MWh
190-200US$/MWh
TecnologyHyroelectric 1,500 - 2,000VC 350 MW 2,000 - 2,400Nuclear 4,500 - 5,500CC 350 MW 1,000 - 1,200TG 240 MW 400 - 600
Investment range US$/kW
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Expansion technologiesPresent & future breakdown Endesa – Chile SIC
• The development of the SIC will be mainly based on coal in the northern part of the grid and in hydroelectric projects.
Present capacity Endesa Present capacity SIC
Hydro3,452 MW
73%
Coal128 MW
3%
Thermal liquids1,105 MW
23%
NCRE27 MW
1%
Market share 49%Total capacity 4,712 MW
Hydro5,186 MW
54%
Coal836 MW
9%
Thermal liquids3,538 MW
37%
NCRE33 MW
0%
Total capacity 9,593 MW
Hydro 1,559Thermal 3,130NCRE 684Total 5,373
Technology Capacity to be installed next 5 years (MW)
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Expansion technologiesPresent & future breakdown Endesa – Chile SING
• The long-term price is linked to the coal-fired thermal plants.
• Expansion is related to the growth of large customers.
• Only 10% of the market are regulated customers.
Present capacity Endesa Present capacity SING
Coal158 MW
28%
Thermal liquids414 MW
72%
Market share 16%Total capacity 572 MW
Hydro 0Thermal 1,817Total 1,817
Technology Capacity to be installed next 5 years (MW)
Hydro13 MW
0%
Coal1,206 MW
33%
Thermal liquids2,443 MW
67%
Total capacity 3,662 MW
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Expansion technologiesPresent & future breakdown Endesa - Colombia
• Development will be mainly based on local-coal plants and hydroelectric projects.
Present capacity Endesa Present capacity Colombia
Coal235 MW
8%
Thermal liquids208 MW
7%
Hydro2,452 MW
85%
Market share 22%Total capacity 2,895 MW
Hydro9,013 MW
68%
Coal700 MW
5%
Thermal liquids3,674 MW
27%
NCRE18 MW
0%
Total capacity 13,405 MW
Hydro 1,360Thermal 559NCRE 119Total 2,038
Technology Capacity to be installed next 5 years (MW)
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Expansion technologiesPresent & future breakdown Endesa - Peru
• Development will be mainly based on gas (from Camisea) plants and hydroelectric projects.
Present capacity Endesa Present capacity Peru
Hydro2,803 MW
54%
Coal419 MW
8%
Thermal liquids1,577 MW
31%
NCRE357 MW
7%
Total capacity 5,156 MW
Hydro745 MW
51%
Thermal liquids720 MW
49%
Market share 28%Total capacity 1,465 MW
Hydro 446Thermal 1,689Total 2,135
Technology Capacity to be installed next 5 years (MW)
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Expansion technologiesPresent & future breakdown Endesa - Brazil
• Development will be mainly based on hydroelectric plants and thermal plants using various fuels.
• The NCREs have an important growth potential.
Present capacity Endesa Present capacity system
Hydro665 MW
67%
Thermal liquids322 MW
33%
Market share 1%Total capacity 987 MW
Hydro75,186 MW
74%
Coal1,470 MW
1%
Thermal liquids16,048 MW
16%
NCRE8,868 MW
9%
Total capacity 101,572 MW
Hydro 8,250Thermal 7,440Wind and Other 1,631Total 17,321
Technology Capacity to be installed next 5 years (MW)
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Contents
1. Energy planning
2. Endesa in Latin America
3. Expansion technologies
4. Projects portfolio
15
Projects portfolioProjects in progress - Chile
Expansion Bocamina Plant
DESCRIPTION
Construction of a coal-fired thermal plant alongside the present Bocamina plant, in the town ofCoronel in the Lo Rojas sector of Bío-Bío Region. It will use crushed bituminous coal as fuel. Ithas modern emission reduction systems like de-sulfurizer, sleeve filters, etc. EPC contract wasawarded in June 2007. The plant will connect to the SIC by a link with Lagunilla substation beingbuilt by Transelec.
TERM: Start-up for the year 2010.
PRINCIPAL CHARACTERISTICS
• Capacity : 350 MW
• Average generation : 2,000 GWh/year
• Fuel : Bituminous coal
• Investment : 620 MMUS$
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Projects portfolioProjects in progress - Chile
Quintero Thermal Plant
DESCRIPTION
Construction of a thermal plant in the town of Quintero, in the Region of Valparaíso, alongsidethe facilities of the natural gas re-gasification plant of the company GNL Chile. It will operate inopen cycle with diesel oil until LNG becomes available.
TERM: Start-up for the year 2009.
PRINCIPAL CHARACTERISTICS
• Capacity : 240 MW
• Avge. generation : 415 GWh/year
• Technology : Thermal with diesel & LNG
• Investment : 120 MMUS$ (includes connection)
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Projects portfolioProjects in progress - Chile
DESCRIPTION
This plant will be located in the province of Talca in Chile’s 7th Region. It will use the water flowsinto the Maule lake, with a fall of close to 800 m. from the lake to the generation site, through amixed conduction by outside pipes and a 15 km. Tunnel.
TERM: Start-up for the year 2012.
Los Cóndores Hydroelectric Plant
PRINCIPAL CHARACTERISTICS
• Capacity : 150 MW
• Avge. generation : 560 GWh/year
• Design flow : 25 m3/sec.
• Investment : 273 MMUS$
(incl. SIC connection)
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Projects portfolioProjects in progress - Chile
DESCRIPTION
This is under construction in the village of Canela, in Chile’s 4th Region, 80 km. to the north ofthe town of Los Vilos. This farm will consist of 40 wind generators.
TERM: Start-up for the year 2009.
Canela II Wind Farm (Endesa Eco)
PRINCIPAL CHARACTERISTICS
• Estimated capacity : 60 MW • Avge. gebneration : 160 GWh/year• Technology : Wind generation • Investment : 140 MMUS$
(in civil works adjudication
stage)
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Projects portfolioProjects under study - Chile
• In basic engineering stage, EIA submitted on August 14,2008.
• Estimated investment of US$ 3,200 million.
• Voluntary citizen conversations are currently taking placein the Aysén region.
Aysén Hydroelectric Projects - Hidroaysen
Plant Capacity MW
Energy GWh/year
Area Hc
Area/CapacityHc /MW
Baker 1 680 5,030 2,300 3.4Baker 2 360 2,600 5,600 15.6Pascua 1 450 3,250 500 1.1Pascua 2,1Pascua 2,2 940 7,210 900 1.0Total 2,430 18,090 9,300 3.8
Original conceptual study2005
Plant Capacity MW
Energy GWh/year
Area Hc
Area/CapacityHc /MW
Baker 1 660 4,420 710 1.1Baker 2 360 2,530 3,600 10.0Pascua 1 460 3,020 500 1.1Pascua 2,1 770 5,110 990 1.3Pascua 2,2 500 3,350 110 0.2Total 2,750 18,430 5,910 2.1
+13% +2% -36% -44%
Optimized conceptual study2007
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Projects portfolioProjects under study - Chile
Baker 1Baker 1
4,420 GWh
660 MW660 MW
Pascua 1Pascua 1
3,020 GWh
460 MW460 MW
Pascua 2.1Pascua 2.1
5,110 GWh
770 MW770 MW
Pascua 2.2Pascua 2.2
3,340 GWh
500 MW500 MW
Baker 2Baker 2
2,540 GWh
360 MW360 MW
Average annual energy: 18,430 GWh18,430 GWh
Installed capacity: 2,750 MW2,750 MW
Location and size of the project
Aysén Hydroelectric Projects - Hidroaysen
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Projects portfolioProjects under study - Chile
DESCRIPTION
To be located on the island of Chiloé, 17 km. to the north of the city of Castro. It will consist of a7.6 MW pass-through mini-plant that will use the waters of the river Carihueico, with a flow of 32m3/s.
TERM: Start-up is planned for 2011
PRINCIPAL CHARACTERISTICS
• Capacity : 7.6 MW
• Avge. generation : 29.5 GWh/year
• Technology : Pass-through plant
• Investment : Being analyzed
Piruquina (Endesa Eco)
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Projects portfolioProjects under study - Chile
Chillán 1 Mini-Hydro
Chillán 2 Mini-Hydro
PRINCIPAL CHARACTERISTICS:
• Capacity : 13 MW • Avge. generation : 75 GWh/year• Start-up : 2012/2013
PRINCIPAL CHARACTERISTICS:
• Capacity : 20 MW • Avge. generation : 107 GWh/year• Start-up : 2012/2013
Chillán 1
Chillán 2
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Use of River Pangue for Pangue Use of River Pangue for Pangue Hydroelectric PlantHydroelectric Plant
DESCRIPTION:
• Captures flows of river Pangue and directs them to the reservoir of the existing 450 MW Pangue plant.
• Endesa has non-consumptive water-usage rights for a maximum of 7.5 m3/sec. • Works: River Pangue barrier and intake, 1.2 km. long aqueduct tunnel of 2.5 m diameter.• Generation equipment: not considered (uses those of the existing plant).
PRINCIPAL CHARACTERISTICS:
• Avge. generation : 50 GWh/year• Design flow : 12m3/sec• Investment : 18 MMUS$
TERM: Start-up is planned for 2010.
Projects portfolioProjects under study - Chile
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Projects portfolioProjects under study - Chile
DESCRIPTION
Construction in Los Lagos region, in the upper part of the river Valdivia hydrographic basin of a473 MW pass-through plant, with intake in the river Fui, to take advantage of the existing energypotential between the lakes Pirehueico and Neltume. Will be connected to the SIC by a linkbetween the Neltume plant and Ciruelo substation (currently operating).
TERM: Start-up is planned for 2013.
Neltume Hydroelecteric Plant
PRINCIPAL CHARACTERISTICS
• Capacity : 473 MW
• Avge. generation : 2,319 GWh/year
• Design flow : 120 m3/sec.
• Investment : ~700 MMUS$
(including SIC connection)
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Projects portfolioProjects under study - Chile
DESCRIPTION
Also in the Los Lagos region, in the mountainous part of the province of Valdivia. Will consist of a128 MW pass-through hydroeletric plant with mixed supply channels (canal and tunnel), whichwill use the waters of the river Llanquihue between the lakes Neltume and Panguipulli, resultingin a hydroelectric series with the Neltume hydroelectric plant. Will also use the sametransmission link foreseen for the other.
PLAZO: Start-up is planned for 2013.
Choshuenco Hydroelectric Plant
PRINCIPAL CHARACTERISTICS
• Capacity : 128 MW
• Avge. generation : 781 GWh/year
• Design flow : 255 m3/sec.
• Investment : ~380 MMUS$
(including SIC connection)
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Projects portfolioProjects under study - Chile
PRINCIPAL CHARACTERISTICS
• Capacity : Under study• Avge. generation : 2,000 GWh/year
• Design flow : 400 m3/sec.
• Investment : Being analyzed
DESCRIPTION
Reservoir hydroelectric plant located in Chile’s 10th Region, in the hydrographic basin of the riverPuelo. It would use the flows of this river and be connected to Puerto Montt to supply thesouthern part of the SIC locally. Currently at the preliminary study stage.
TERM: Engineering and environmental pre-feasibility studies betweeen 2007 and 2011.
El Portón Plant
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Projects portfolioProjects under study - Chile
PRINCIPAL CHARACTERISTICS
• Capacity : Under study
• Avge. generation : 1,900 GWh/year
• Design flow : 193 m3/sec.
• Investment : Being analyzed
DESCRIPTION
Reservoir hydroelectric plant located in Chile’s 10th Region, in the hydrographic basin of the riverPuelo. It would use the flows of the river Manso, a tributary of the river Puelo. Would beconnected to Puerto Montt to supply the southern part of the SIC locally.
TERM: Engineering and environmental pre-feasibility studies betweeen 2007 and 2011.
Steffen Plant
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Quimbo Hydroelectric Plant
DESCRIPTION
Reservoir plant in study stage. Would be located on the river Magdalena, upstream from theBetania plant, 40 km. from the town of Neiva. Reservoir with inter-month regulation.
TERM: Start-up for 2014
PRINCIPAL CHARACTERÍSTICS
• Capacity : 400 MW• Avge. generation: 2,100 GWh/year• Investment : 690 MMUS$
• Reliability load contract for 20 yearsfrom Dec. 2014: 13,998 US$/MWh.
Projects portfolioProjects in progress - Colombia
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DESCRIPTION
Due to the non-existence of firm gas supplies in the Cartagena area, the conversion to coal isbeing studied for the plant of this name. This plant currently uses fuel oil as its main fuel anddiesel oil as an alternative. The conversion would be made in an overlapping way in the threepresent units.
Currently at stage of defining the type of coal to be used and the related investment.
TERM: Start-up with coal is planned for 2010
PRINCIPAL CHARACTERÍSTICS
• Capacity : 187 MW (3 units)• Avge. generation : 1,300 GWh with coal• Fuel : Coal• Investment : Being analyzed
Conversion to Coal Cartagena Plant
Projects portfolioProjects under study - Colombia
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Projects portfolioProjects in progress - Peru
Santa Rosa Plant Open Cycle
DESCRIPTION
Construction of an open cycle in the center of Lima, at the present installations of the Sta. Rosathermal plant, to strengthen the generation of EDEGEL in that city.
TERM: Start-up for the end of 2009.
PRINCIPAL CHARACTERISTICS
• Capacity : 190 MW
• Avge. generation : 920 GWh/year
• Fuel : Natural gas
• Investment : 95 MMUS$
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DESCRIPTION:
• The project consists of a pass-through hydroelectric plant upstream from the Chimay hydroelectric plant, in the basin of the river Tulumayo
• Requires an 18 km. access road for building the intake works on the river Tulumayo.• The transmission line is 100 km in 220 KV to the Pachachaca substation.• Concession for the study is held.
PRINCIPAL CHARACTERISTICS:
• Capacity : 162 MW• Avge. Annual generation : 886 GWh• Design flow : 63 m3/sec.• Design net height : 260 meters• Investment : 236 MMUS$
Curibamba Hydroelectric PlantCuribamba Hydroelectric Plant
TERM: Start-up is planned for 2013.
Projects portfolioProjects under study - Peru
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Projects portfolioProjects under study - Perú
Laguna Huascacocha, Pasco (2006)
HuascacochaHuascacocha
PRINCIPAL CHARACTERISTICS:
• Additional avge. generation : 135 GWh/year• Average transfer flow : 2.5 m3/s• Net design height : 260 meters• Investment : 19 MMUS$
DESCRIPTION:
• Sedapal (a water and sewage utility in Lima) decided to carry out the project, which consists of the transfer of water from the basin of lake Huascacocha to the Rimac basin, in order to increase the availability of water for Lima.
• The works, consisting of a dam with a capacity of 60 hm3, 38 km. of canals, a syphon of 1.45 km, a tunnel of 3.2 km and a pumping plant, to be carried out and operated by the concession-holder winning the tender for the works to be called soon.
• This transfer flow (between May and November) causes an increase in generatable energy of 135 GWh/year in off-peak hours in the dry season.
• Endesa will make the investment once the operation of the project has begun.
TERM: Start-up planned for 2013.
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DESCRIPTION
• The project consists of the construction and start-up of a gas turbine in open cycle located beside the Arroyito hydroelectric plant, belonging to El Chocón.
PRINCIPAL CHARACTERISTICS
• Capacity : 120 MW • Fuel : Natural gas• Investment : 81.1 MMUS$
Arroyito Thermal PlantArroyito Thermal Plant
TERM: Start-up is planned for 2011.
Projects portfolioProjects under study - Argentina
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Projects portfolioProjects in pipeline
CHILE
• North SIC coal-fired plant (345 MW).
• Other thermal plants.
COLOMBIA
• Termozipa 6 coal-fired plant (150 MW).
PERU
• Ventanilla 2 (275 MW) combined-cycle plant.
• Replacement gas turbine Malacas
BRAZIL
• Biomass plant (100 MW).
• Coal plant (400 MW).
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• Wind:
– Measurement programs are being started in Brazil, Peru, Colombia and Chile.
– 10 measurement towers are currently functioning in Chile to define sites for plants.
– In Brazil, we have new projects on file and await new wind-energy tenders in order to make bids.
• Solar:
– Under permanent evaluation.
– Radiation measurement processes are beginning, in order to define sites.
Projects portfolioNCRE Projects
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The construction of the following mini-hydroelectric plants is currentlyunder study and subject to engineering definitions:
BRAZILBRAZIL Río Paraíba do Sul, Río de Janeiro.• Number of plants : 7• Gross total capacity : 182 MW• Operating start-up : 2012• Total investment : 520 MMUS$
COLOMBIA• Capacity : 60 MW (3 units)• Operating start-up : 2013• Investment : 116 MMUS$
Projects portfolioNCRE Projects – Mini-hydros
CHILE• Capacity : 20 MW• Operating start-up : 2013• Investment : 64 MMUS$
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This presentation contains declarations that constitute or may constitute declarations about the future, as established in the United States Private Securities Litigation Reform Act of 1995. Such declarations appear frequently in this presentation with declarations referring to our intentions, beliefs and expectations, which include, but are not limited to, any declaration with respect to: (1) our investment program, (2) trends that affect our financial condition or operating income, and (3) the effects of changes in the regulatory framework for the electricity industry in one or more of the countries in which we operate. As such declarations are subject to risks and inaccuracies, the effective results may differ significantlty with respect to those expressed or implied in such declarations with a view to the future. Such declarations should not be unduly relied upon as they only refer to the position on the date on which they were prepared. We assume no obligation to report publicly on changes that might be applied to the declarations with a view to the future.
Disclaimer