Vestas Presentation. Javier Ojanguren Sales Manager Central America & Caribbean

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1 Vestas Presentation Javier Ojanguren Sales Manager Central America & Caribbean

2 About Vestas 2 Dominican Republic Energy Roundtable - February 2011

3 About Vestas Vestas at a glance Today, we have installed over 41,000 turbines in 65 countries across five continents. That means installing a turbine every 3 hours saving the world from over 40 million tons of CO2 every year. Vestas track record >> 3 Dominican Republic Energy Roundtable - February 2011

4 About Vestas Vestas at a glance We produce nacelles in 15 locations around the world blades in 7 locations towers in 2 locations and deliver our control systems from 4 locations. 4 Dominican Republic Energy Roundtable - February 2011

5 About Vestas Vestas people More than 22,000 people committed to wind, representing 87 nationalities. 5 Dominican Republic Energy Roundtable - February 2011

6 About Vestas Vision and Mission 6 Dominican Republic Energy Roundtable - February 2011

7 About Vestas Global outlook. Local presence Vestas China Vestas Offshore Vestas Asia Pacific Vestas Americas Vestas Northern Europe Vestas Mediterranean Vestas Central Europe 7 Dominican Republic Energy Roundtable - February 2011

8 Vestas in Latin America and Caribbean Turbines Installed and under Construction Cuba 3.8 MW Jamaica 39 MW TOTAL INSTALLED CAPACITY 398 MW Mexico 1.6 MW Mexico 102 MW Dominican Republic 25 MW Aruba 30 MW Curazao 30 MW Costa Rica 51 MW Brazil 104 MW Peru 0.25 MW Brazil 187 MW Uruguay 20 MW Chile 104 MW Uruguay 10 MW Installed Under Construction Chile 3MW Argentina 14 MW Argentina 77 MW 8 Dominican Republic Energy Roundtable - February 2011

9 Product portfolio 9 Dominican Republic Energy Roundtable - February 2011

10 Product Portfolio The longest track record in the industry Our know-how and the constant improvement of our products quality feeds on 30 years of proven technology. Delivered Vestas turbines as of 30 June 2010 Turbines: MW: 39869,04 (Offshore turbines: 425 / MW: 942,09) 10 Dominican Republic Energy Roundtable - February 2011

11 Product Portfolio Turbines for every wind type IEC IIIA IEC IIA IEC IA V MW V MW V MW V MW V MW ONSHORE V MW OFS (IEC IB) Vestas WTGs Wind Speed [m/s] 11 Dominican Republic Energy Roundtable - February 2011

12 Product Portfolio VestasOnline Business VestasOnline Business, our fully integrated SCADA system helps our customers avoid downtime and reach their production and business goals. Boosts plant availability and performance Improves business performance Ensures grid and security compliance Minimises interface complexity Provides full scalability 12 Dominican Republic Energy Roundtable - February 2011

13 Product Portfolio VestasOnline Power Plant Controller VestasOnline Power Plant Controller is the first controller on the market fully dedicated to wind power plants. Worldwide wind power plant grid code compliance Fast, real-time control of wind power plants with multiple control functionalities Scalable and modular Strengthens your business case 13 Dominican Republic Energy Roundtable - February 2011

14 Product Portfolio Vestas Condition Monitoring System Vestas Condition Monitoring System optimises the maintenance efficiency to help maximising availability and production: Assesses the health of the turbine by analysis of measured signals Estimation of time of failure provides optimised planning of maintenance activities 14 Dominican Republic Energy Roundtable - February 2011

15 Product Portfolio Active Output Management AOM Guaranteed availability Solid risk management for customers looking for a traditional availability guarantee measured against an agreed threshold. High expectations are formalized liquidated damages and bonuses are in the contract. AOM Full service - flat fee A complete field service package including consumables and spare parts is accessible to customers with low risk tolerance. Turbine reliability is maximized through expert scheduled and unscheduled maintenance. AOM Service on demand This is a solution for customers looking for maximum flexibility. With no base fee, a number of Vestas services are offered at a pay-as you go level. AOM Basic service A low-cost solution designed to reduce the risk of downtime. Turbine performance is sustained through regular maintenance with the option of additional plant item maintenance. 15 Dominican Republic Energy Roundtable - February 2011

16 16 Dominican Republic Energy Roundtable - February 2011 Why wind

17 Why wind? Wind is competitive from a Cost-of-Energy standpoint Apart from Geothermal* wind energy is the most competitive in terms of Cost-of-Energy amongst renewable energy sources. Q Levelised Cost of Energy: $/MWh Marine - Wave Marine - Tidal PV - c-si PV - Thin Film PV - c-si Tracking STEG - Parabolic Through + Storage STEG - Parabolic Through Wind - Offshore Biomass - Anaerobic Digestion Biomass - Gasification Biomass - Incineration Wind - Onshore Landfill Gas Municipal Solid Waste Geothermal - Binary Plant Geothermal - Flash Plant Natural Gas CCQT Coal Fired *Geothermal requires long lead times for exploration & installation and lacks sufficient sites Source: New Energy Finance, 2009 Carbon: NEF Estimates Carbon: 21 USD LCOE 17 Dominican Republic Energy Roundtable - February 2011

18 Why wind? Wind is competitive environmentally Wind continues to be the lowest life cycle greenhouse gas (GHG) emissions energy source. Carbon based energy forms Nuclear Wind Non-wind renewables Life-cycle GHG emissions (g CO2-eq/kWh) Combined Cycle Gas Turbine (CCGT) CCGT + CO2 Coal Gasification + CO2 Nuclear Wind Biomass Solar Present Solar Future Source: Singapore IEW Conference Key Takeaways, November Dominican Republic Energy Roundtable - February 2011

19 Why wind? Water consumption The water energy nexus Wind uses 1/1000 water of the 2nd best ranked energy source Water consumed to produce five MWh of electricity: Energy power plant type Average water consumed (litres/5 MWh) Wind power 5 Natural gas Coal Nuclear Oil Hydropower Biomass for bio fuels Source: DHI, Dominican Republic Energy Roundtable - February 2011

20 Why wind? Wind has a fast ramp up time With 2-5 years per site, wind has the shortest ramp up time of any renewable source: Sources: FPL Energy 2008, IEA 2008, EWEA Dominican Republic Energy Roundtable - February 2011

21 Why wind? Wind is clean A Vestas turbine alone is carbon neutral after only seven months of energy production; during its lifetime it saves the atmosphere from 220,000 tons of CO2 Sources: FPL Energy 2008, IEA 2008, EWEA Dominican Republic Energy Roundtable - February 2011

22 Why wind? As green as it gets 80% of a V MW turbine and 85% of a V MW turbine can be recycled Green building policy Green car policy and Green energy policy 22 Dominican Republic Energy Roundtable - February 2011

23 Grid Connection Perspective 23 Dominican Republic Energy Roundtable - February 2011

24 Vestas Solutions Grid Connection in Dominican Republic Vestas turbines ensure the highest standards of energy quality. Vestas turbines stay connected in case of strong fluctuations or failure of network. Vestas turbines begin producing power as soon as the voltage returns to the network. Thanks to its variable pitch blades, Vestas turbines can regulate the active power output. Thanks to the capability of injecting reactive power Vestas turbines contribute to the voltage regulation on the point of network connection: Power Factor Control. 24 Dominican Republic Energy Roundtable - February 2011

25 Vestas Solutions Grid Connection in Dominican Republic The high short to medium term wind predicability combined with the competitive Vestas electric capabilities allow a safe and high penetration of wind power in the energy generation mix of the Dominican Republic. 25 Dominican Republic Energy Roundtable - February 2011

26 Island Approach Renewable Energy Penetration in no-interconnected islands Metas del porcentaje de penetracion renovables (% consumo) Chipre 13 Canary island 25 Malta 10 Irlanda Dominican Republic Energy Roundtable - February 2011

27 Wind Power in Dominican Republic Vestas Technology supporting a higher penetration of Renewable Energies in Dom. Republic Vestas latest technology in wind generation ensures higher levels of wind power penetration in the Dominican grid. 27 Dominican Republic Energy Roundtable - February 2011

28 Thank you for your attention Copyright Notice The documents are created by Vestas Wind Systems A/S and contain copyrighted material, trademarks, and other proprietary information. All rights reserved. No part of the documents may be reproduced or copied in any form or by any means - such as graphic, electronic, or mechanical, including photocopying, taping, or information storage and retrieval systems without the prior written permission of Vestas Wind Systems A/S. The use of these documents by you, or anyone else authorized by you, is prohibited unless specifically permitted by Vestas Wind Systems A/S. You may not alter or remove any trademark, copyright or other notice from the documents. The documents are provided as is and Vestas Wind Systems A/S shall not have any responsibility or liability whatsoever for the results of use of the documents by you.

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