MENA New Energy 2017 Rioglass Solar Jeroen van Schijndel

Transcription

1 MENA New Energy 2017 Rioglass Solar Jeroen van Schijndel 1

2 Index Rioglass Solar Introduction CSP Industry - Status Innovations at Rioglass Solar - Two Examples 2

3 Index Rioglass Solar Group Introduction An impression of the CSP Industry Status Innovations at Rioglass Solar - Two Examples 3

4 Rioglass Solar Group Introduction Founded in 2007 by a glass processing group with over 30 years of experience Over 35 years of glass processing experience The world s largest optical component supplier to the CSP industry 4

5 Corporate Milestones Rioglass Solar Group Introduction Global Market Leader In Concentrated Solar Power (CSP) Technologies 2007: Rioglass Solar formed via separation of parent company solar mirror and automotive glass divisions 2008 First mirrors produced at Rioglass Solar I 2010: Award of largest ever global CSP project 2011: Commissioning of new plant in USA, doubling group sales 2013: South Africa plant opening. Siemens receiver business acquired. 1,763 1, : Acquisition of Schott CSP business (receivers) 1,913 2,074 Cumulative MW (1) 2, : Chinese investment launched : Expansion of Rioglass Solar II Plant in Spain to increase capacity , : Sale of minority stake to VM Capital and Partners Group 2014: Chile production begins along with incorporation of Riohuan Chinese JV YTD 5

6 Rioglass Solar Group Introduction Schott Solar S.L. Rioglass Solar I Rioglass Solar II Riohuan Capacity: 100,000 receivers p.a. Acquired: 2016 Capacity: 600,000 mirrors p.a. Acquired: 2008 Capacity: 700,000 mirrors p.a. Acquired: 2009 Capacity: 1,000,000 RP3 mirrors / 60,000 receivers p.a. Under construction Headquarters Production Sites Sales Offices Direct Sales Global Sunbelt 35 o N 0 o Rioglass Solar Inc. Rioglass Solar Chile SpA Rioglass South Africa Ltd. Rioglass 35 o S Solar Systems Ltd. Capacity: 1,000,000 mirrors p.a. Opening Year: 2011 Capacity: 250,000 facets p.a. Opening Year: 2014 Capacity: 600,000 mirrors p.a. Opening Year: 2013 Capacity: 100,000 receivers p.a. Acquired:

7 Rioglass Solar Group Introduction Noor II (160MW) Ashalim (110 MW) Shagaya (60 MW) Delinhga (50 MW) Wa ad Al Shamal (50 MW) Atacama-1 (110 MW) Client Kathu (100 MW) Ilanga (100 MW) 7

8 Rioglass Solar Group Introduction Parabolic Trough Heliostat mirrors Linear Fresnel Parabolic dish Concentrated PV (CPV) 8

9 Index Rioglass Solar Introduction An impression of the CSP Industry Status Innovations at Rioglass Solar - Two Examples 9

10 5 GW of operational installed base for CSP vs 227 GW of PV vs GW of wind 350 Source: IEA (2016) CSP Industry - Status GW Operational Solar Thermal PV Wind CSP and offshore wind are in their deployment infancy, these technologies are already attractive in some markets, with costs continuing to fall IRENA, June

11 But CSP has added value. CSP Industry - Status Their built-in storage capabilities allow CSP plants to supply electricity on demand IEA, 2014 The ability to shift generation to when the sun is not shining and/or the ability to maximize generation at peak demand times allows CSP to have reduced LCOE IRENA, 2016 CSP offers a wide variety of ancillary services that are becoming increasingly valuable as shares of PV and wind, both variable renewables increase in the electricity mix IEA,

12 CSP Industry - Status Estela Data > 5GW operational installed base > 23,700 GWh/year of electricity production worldwide > 23,000 jobs created per year 12

13 CSP Industry - Status An impression of the CSP Industry Status 13

14 An impression of the CSP Industry Status The market for CSP is growing faster than that of any other renewable energy source. Source: IEA 2016, one of the presented scenarios Needed: volumen and continuity Source: IEA (2016) 14

15 CSP Industry - Status The Economist - Letters Mar 11th 2017 Energy policies are increasingly and mistakenly geared towards expanding renewable energy as an end in itself, rather than achieving carbon reductions and maintaining reliability. The cost of providing system backup power or storage is not reflected in the wind and solar levelised cost of energy or the market price. With more renewable production, these shadow costs escalate because a full-sized system of on demand power or oversize seasonal storage (which does not practically exist today) is needed to cover multiple days and weeks when there is little wind or sun. If it existed, this storage system would face the same challenge that capacity markets face in a high renewables world: large capital costs and low usage. High renewable penetration makes all forms of energy production intermittent and therefore costly. Most studies suggest that achieving a low carbon grid at a manageable cost will require a mixture of nuclear, gas with carbon capture or other zero carbon on-demand sources in addition to renewables. To redesign markets to facilitate very high uptake of renewable energy for its own sake is indeed a way to turn the world, and economic logic, upside down. JANE LONG Lawrence Livermore Laboratory (ret.) Oakland, California ARMOND COHEN Clean Air Task Force Boston 15

16 An impression of the CSP Industry Status The Economist - Letters Mar 11th 2017 Energy policies are increasingly and mistakenly geared towards expanding renewable energy as an end in itself, rather than achieving carbon reductions and maintaining reliability. The cost of providing system backup power or storage is not reflected in the wind and solar levelised cost of energy or the market price. With more renewable production, these shadow costs escalate because a full-sized system of on demand power or oversize seasonal storage (which does not practically exist today) is needed to cover multiple days and weeks when there is little wind or sun. If it existed, this storage system would face the same challenge that capacity markets face in a high renewables world: large capital costs and low usage. High renewable penetration makes all forms of energy production intermittent and therefore costly. Most studies suggest that achieving a low carbon grid at a manageable cost will require a mixture of nuclear, gas with carbon capture or other zero carbon on-demand sources in addition to renewables. To redesign markets to facilitate very high uptake of renewable energy for its own sake is indeed a way to turn the world, and economic logic, upside down. JANE LONG Lawrence Livermore Laboratory (ret.) Oakland, California ARMOND COHEN Clean Air Task Force Boston 16

17 An impression of the CSP Industry Status UAE The Gulf state plans to invest 119bn ($150bn) in renewable power to 2050, weaning the country from dependency on subsidized natural gas power in stages, Minister of Energy Suhail Al-Mazrouei (UAE) said at a conference in Berlin. Clean energy sources will help it save 153bn ($192bn), he said. 17

18 An impression of the CSP Industry Status And cost will go down fast the coming years. PTC and ST total installed cost reduction potential by source,

19 Index Rioglass Solar Introduction An impression of the CSP Industry Status Innovations at Rioglass Solar - Two Examples 19

20 Innovations at Rioglass Solar - Two Product Examples UVAC-X Coating for HCE Tubes Product introduction November 2016 Provides a non-degradable coating Proven result confirmed by DLR measurements 20

21 Innovations at Rioglass Solar - Two Product Examples UVAC-X Coating for HCE Tubes - Introduction UVAC 6G and 7G The efficiency of the receiver has the single most important impact on plant s efficiency The design of the receiver is crucial for its performance. It must strike a perfect balance between thermal energy absorption and energy loss The unrivaled benchmark in solar receiver efficiency achieved by increasing absorbtance without compromising on emissivity Absorption of all receivers in the market degrade over time (physical characteristics of the SST selective coating) On average, ~1.3% less GWh produced annually throughout plant s lifetime! 21

22 % degradation 1 Innovations at Rioglass Solar - Two Product Examples UVAC-X Coating for HCE Tubes Standard Receiver Coating Degradation Receiver degradation Expected lifetime of a receiver ~3% degradation over lifetime Years Standard Coating Degradation 22

23 Innovations at Rioglass Solar - Two Product Examples UVAC-X Coating for HCE Tubes Coating Degradation What if you could gain back all those lost GWs of electricity production? For a standard 100MW project with TES that would mean: + ~150 GWh of additional electricity over 25 year! + ~30M EUR of additional revenue over 25 years! 23

24 % degradation Innovations at Rioglass Solar - Two Product Examples UVAC-X Coating for HCE Tubes Coating Degradation The Game Changer for Solar Thermal Receivers Non Degradable coating over receiver lifetime Receiver degradation Expected lifetime of a receiver Years Standard Coating Degradation UVAC X degradation 24

25 Innovations at Rioglass Solar - Two Product Examples UVAC-X Coating for HCE Tubes The Numbers! Less SF Loops! Better degradation warranty! Increased output to grid over 25 years! Simulating a standard 100 MW plant with 1,000MWht (~4hrs) MS storage: With Standard HCE* With UVAC X Benefit Total Output to grid over 25 years 11,150 GWh 11,300 GWh +150 GWh Avg. Output to grid per year 445 GWh 451 GWh +6 GWh # of loops % * High end, bankable HCE such as the UVAC 6G/7G or PTR-70 Total additional revenues Total SF Erection and O&M savings for project ~ 30M ~ 7M 25

26 Innovations at Rioglass Solar - Two Product Examples UVAC-X Coating for HCE Tubes Simulation UVAC X Impact for standard 100MW Project 26

27 Innovations at Rioglass Solar - Two Product Examples Full product aging test at DLR show no degradation over product s lifetime! 27

28 Innovations at Rioglass Solar - Two Product Examples UVAC-X Coating for HCE Tubes Summary No degradation of optical efficiency and heat losses over entire product s lifetime! Higher value by reducing erection and O&M costs and/or increasing output to grid! Robust validation process ensures long lasting performance! UVAC X coating can be tailor made for specific optical requirements and diameter. Receivers providing most value to our customer! 28

29 Innovations at Rioglass Solar - Two Product Examples Rioglass PTR 70 5G Advanced - High Temperature Receiver + 2.9% plant efficiency + 1.0% plant efficiency + life time extended + improved robustness high temperature (550 C) C 550 C 1 st Gen 2 nd Gen 3 rd Gen SCHOTT PTR G SCHOTT PTR 70-5GAdvanced In 2025 the installed costs of the storage medium (per kwh-thermal) for a PTC system using molten salt as an HTF are around 50% lower compared to the 2015 reference. (IRENA -THE POWER TO CHANGE, June 2016) 29

30 Innovations at Rioglass Solar - Two Product Examples Rioglass PTR 70 5G Advanced - High Temperature Receiver Rioglass Solar Receivers ready for High Temperature applications Tested at several pilot and test plants Molten Salt as well as other types of high T HTFs New components, new design based on CTE effects, new coating! Alpha and epsilon are tunable within margins to reach optimum 30

31 Innovations at Rioglass Solar - Two Product Examples Rioglass PTR 70 5G Advanced - High Temperature Receiver LT HT+ HTF temperature 400 C 560 C steel tube material Temperature durable High-temp durable bellow material High-temp durable aperture **** 96.6% 96.1% optical parameters α: 95.5 % ε 400 : 9.5 % α: 94.0 % ε 400 : 7.4 % 31

32 Innovations at Rioglass Solar - Two Product Examples Rioglass PTR 70 5G Advanced - High Temperature Receiver SolarPaces

33 Innovations at Rioglass Solar - Two Product Examples Rioglass PTR 70 5G Advanced - High Temperature Receiver Rioglass Solar References for Molten Salts Schott Solar test bench 2015 ENEL s Priolo Gargallo, Sicily, 50% of solar field 2012 Sandía Labs, NM 2012 HPS Project, Siemens 2013 Test Loop Manchasol

34 INNOVATION THE KEY TO INCREASING VALUE Rioglass Solar - Uncompromising and continuous commitment to our customers Investment in maximizing efficiencies in the production process and thus creating value to our customers Continuous investment in developing cutting edge solutions to drive efficiencies up while reducing costs 34

35 TOGETHER WE PROVIDE CLEAN SOLAR ENERGY THANK YOU 35