Presentation CT Energy Planning.ppt [Modo de...

Energy Planning

October 6, 2008

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




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




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%


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


Hydro13 MW

0%

Coal1,206 MW

33%


67%


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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%


7%

Hydro2,452 MW

85%


Hydro9,013 MW

68%

Coal700 MW

5%


27%

NCRE18 MW

0%


Hydro 1,360Thermal 559NCRE 119Total 2,038


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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%


31%

NCRE357 MW

7%


Hydro745 MW

51%


49%


Hydro 446Thermal 1,689Total 2,135


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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%


33%

Market share 1%Total capacity 987 MW

Hydro75,186 MW

74%

Coal1,470 MW

1%


16%

NCRE8,868 MW

9%


Hydro 8,250Thermal 7,440Wind and Other 1,631Total 17,321


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Contents

1. Energy planning




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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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.




• Avge. generation : 415 GWh/year

• Technology : Thermal with diesel & LNG

• Investment : 120 MMUS$ (includes connection)

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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.


Los Cóndores Hydroelectric Plant




• Design flow : 25 m3/sec.


(incl. SIC connection)

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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.


Canela II Wind Farm (Endesa Eco)


• 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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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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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


• Capacity : 7.6 MW

• Avge. generation : 29.5 GWh/year

• Technology : Pass-through plant

• Investment : Being analyzed

Piruquina (Endesa Eco)

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Chillán 1 Mini-Hydro

Chillán 2 Mini-Hydro

PRINCIPAL CHARACTERISTICS:

• Capacity : 13 MW • Avge. generation : 75 GWh/year• Start-up : 2012/2013


• 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).


• Avge. generation : 50 GWh/year• Design flow : 12m3/sec• Investment : 18 MMUS$

TERM: Start-up is planned for 2010.


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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).


Neltume Hydroelecteric Plant



• Avge. generation : 2,319 GWh/year


• Investment : ~700 MMUS$

(including SIC connection)

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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





• Investment : ~380 MMUS$

(including SIC connection)

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• Capacity : Under study• Avge. generation : 2,000 GWh/year



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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• Capacity : Under study

• Avge. generation : 1,900 GWh/year



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.




• Fuel : Natural gas


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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.


• 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


Projects portfolioProjects under study - Peru

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Projects portfolioProjects under study - Perú

Laguna Huascacocha, Pasco (2006)

HuascacochaHuascacocha


• 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.


• Capacity : 120 MW • Fuel : Natural gas• Investment : 81.1 MMUS$

Arroyito Thermal PlantArroyito Thermal Plant


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.

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