FUTURE AT FULL POWER

Transcription

1 1 st National Conference on LNG for Transport Italy and the Mediterranean area FUTURE AT FULL POWER Marco A.G.Golinelli Vice President, Power Plants Wärtsilä Italia S.p.A. Roma 11 Aprile Wärtsilä

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3 Our roots and heritage Passion for engines. 3 Wärtsilä

4 Today we are much more than an engine company Passion for optimising lifecycle value for our customers with modern and sustainable power solutions. 4 Wärtsilä

5 This is Wärtsilä POWER PLANTS SHIP POWER SERVICES 5 Wärtsilä

6 This is what we bring to the market EFFICIENCY ENVIRONMENTAL SOLUTIONS FUEL FLEXIBILITY 6 Wärtsilä

7 Our offering Equipment sales Ship Power integrated solutions Power Plants customized solutions Services solutions From spare parts to service agreements Lifecycle solutions CUST TOMERS 7 Wärtsilä

8 We provide superior value to our customers with our flexible, efficient and environmentally advanced energy solutions, which enable a transition to a more sustainable and modern energy infrastructure. 8 Wärtsilä

9 Market trends and drivers GDP growth, electrification and increasing standard of living drive the growth of electricity demand Demand for sustainability and focus on climate change Rapid growth of intermittent renewable generation Increasing daily, weekly and seasonal demand fluctuation increase the need for flexibility Changing roles of fuels New coal power plants difficult to permit in the western countries The future of nuclear is uncertain Increasing role of gas, especially as a balancing fuel The world needs affordable, clean, flexible and reliable power. 9 Wärtsilä

10 The role of gas Recent technical breakthroughs and commercialisation of shale gas have lead to: Substantial increase in perceived lifetime/availability of gas reserves globally Reduction of gas price in the US Rapid decline in demand for LNG in US and consequential surplus of supply. US will become an exporter of LNG instead of the major importer. The new competitive situation is leading to Deindexation of gas prices from oil (LFO) Small scale LNG becoming commercially interesting Huge interest in LNG in locations with no gas infrastructure The use of gas in power generation will increase as it is competitively priced and is a low carbon fuel The role of gas in power generation is covering multiple segments Base load to intermittent, in systems with low share of installed wind capacity Peaking to system balancing, as the share of wind capacity increases and the net load to thermal plants decreases This is because gas power plants: 10 Wärtsilä Can be constructed rapidly with a reasonable cost Produce less CO2 emissions than other thermal dispatchable plants Can offer favourable dynamic characteristics

11 Wärtsilä 11 Wärtsilä AMICI DELLA TERRA / Dr. Marco Golinelli

12 Smart Power Generation unique features Energy efficiency Highest simple cycle electrical efficiency High efficiency regardless of ambient conditions High plant efficiency over a wide load range due to multiple generating sets Competitive generation cost and high dispatch Fuel flexibility Continuous choice of the most feasible fuel Solutions for liquid and gaseous fuels renewables multi-fuel plants fuel conversions Hedge for the future Fuel flexibility Energy efficiency Smart Power Generation Operational flexibility Operational flexibility Unlimited, super fast, reliable starting and stopping with no impact on maintenance schedule Fast reserve, load following, peaking and baseload All ancillary services Grid support, wind enabling Multi-tasking plant prepared for future markets 12 Wärtsilä

13 Features of Smart Power Generation Agility of dispatch Megawatts to grid in 1 minute from start 5 minutes to full load from start Fast shut down in 1 minute Fast ramp rates up & down Unrestricted up/down times High starting reliability Remote operator access including start & stop Black start capability Low generation costs High efficiency (46% in simple cycle and >50% in combined cycle) High dispatch with low CO2 Wide economic load range Multiple units Any plant output with high efficiency No derating enabling higher dispatch in hot climate and at high altitude Low maintenance costs, not influenced of frequent starts and stops, and cyclic operation Low/no water consumption High plant reliability and availability Multiple units enable firm (n-2) power (n=number of installed units) Typical unit availability > 96% Typical unit reliability ~ 99% Typical unit starting reliability > 99 % Optimum plant location and size Location inside load pockets i.e. cities Flexible, expandable plant size enables step by step investments Low pipeline gas pressure requirement (5 bar) Fuel flexibility Natural gas and biogases with back-up fuel Liquid fuels (LBF, LFO, HFO) Fuel conversions Low environmental impact Low CO2 and local emissions even when ramping and on part load Easy maintenance Wärtsilä 13 Wärtsilä 6 July 2012 Smart Power Generation

14 Average cost reduction with Smart Power Technology. CO2 emissions in different scenarios and CO2 emission reductions achieved with Smart Power technology. 14 Wärtsilä

15 We are passionate about optimising lifecycle value by offering what our customers need. We deliver on this promise because we provide the only true total offering of marine products, integrated solutions and services in the industry worldwide. We help our customers find the shorter route to robust growth and bigger profits by focusing on operational efficiency, environmental excellence, fuel flexibility and services. 15 Wärtsilä

16 Key trends and drivers High oil prices represent a risk for global economic growth; however, they also stimulate investments in exploration and production for oil and gas Expansion of emerging economies continues to support growth of demand for transportation of raw materials and energy Ship owner base is shifting to Asia Environmental regulations drive demand for environmental solutions and gas as a marine fuel Increasing focus on energy efficiency and environmental performance The development of environmental solutions and gas technology will be our priority in meeting the evolving needs of our customers. 16 Wärtsilä

17 Ship Power s focus on growth OUR STRATEGIC GOAL To be recognised as the leading solutions provider in the marine industry for: LE EADER IN Efficiency Gas and dual-fuel solutions Environmental solutions THROUGH OFFERING Lifecycle solutions for ship owners and operators Enhanced system integration for the ship building industry The best product sales and delivery process for the marine industry 17 Wärtsilä

18 Dual-Fuel applications - References Power Plants Merchant Offshore Cruise and Ferry Navy Others DF Power Plant 57 installations 225 engines Online since1997 LNGC 108 vessels 429 engines Conversion 1 Chem. Tanker 2 engines conv. Complete gas train Complete design PSVs/FPSOs 20 vessels 93 engines Online from 1994 New orders: Harvey Gulf; the first 4 LNG- PSV to be operated in the Gulf of Mexico! LNG ferries 1 vessels 4 engines per vessel Complete gas train 2800 passengers In service early 2013 Coastal Patrol DF-Mechanical DF main and auxiliary engines Inland Water way 1 vessel 2 engines Mechanical drive Tug 2 vessel 2 engines each Mechanical drive 6 segments 183 installations > running hours 18 Wärtsilä

19 NGShiP 19 Wärtsilä

20 NGShiP Costo to otale [M ] Gas naturale Olio combustibile Combustibili a basso tenore di zolfo 20 Wärtsilä

21 Wärtsilä LNG Movie W20DF W34DF W50DF 1 MW 500 MW Mini 50 Small Medium > TONS/H (bog) 250 TONS /H 21 Wärtsilä

22 Profitable growth by focusing on three areas Smart Power Generation Gas as a fuel Environmental solutions The transition to sustainable and modern energy systems drives the demand for smart power generation. Economic and environmental reasons increase the growth potential for gas solutions in both end markets. Environmental regulation and increased focus on optimised lifecycle efficiency create demand in the marine industry. 22 Wärtsilä

23 Gas is SMART POWER PLANTS GAS SHIP POWER 23 Wärtsilä

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