Enel Green PowerFirst Italian Arab Business Forum
A. Panizzo, Head of Business Development of Europe and Middle East Area
October 12, 2017
1. As of 2016
2. Consolidated (35.9 GW) and managed (1.9 GW) capacity including 24.9 GW of large hydro.
3. Presence with operating assets
#1 in Italy, Spain, Chile, Peru
#2 in Argentina, Colombia
40 €bn Regulated Asset Base
62 mn distribution end users
#1 in Italy and Spain
18.3 mn free retail customers
Global leadership in
renewables
38 GW renewable capacity2
Highly flexible and
efficient generation fleet
47 GW thermal capacity
Countries of presence3
Enel today1
Global and diversified operator
INFRASTRUCTURES AND NETWORKS GLOBAL RENEWABLE ENERGIES
THERMAL GENERATIONRETAIL
Enel key data 2016
Key indicators1
Leadership along the various segments of the value chain
Infrastructure & Networks62 mn end users
41.2 mn smart meters
1.9 mn km grids
Retail56.4 mn power customers
5.5 mn gas customers
Renewables generation35.9 GW of installed capacity2
Thermal generation46.8 GW of installed capacity
1. Data as of December 31st 2016; 2. It doesn’t include 1.9 GW of managed capacity
FY 2016
Revenues 70.6 €bn
Ordinary EBITDA 15.2 €bn
Net ordinary income 3.2 €bn
Net debt 37.6 €bn
Financial results
Enel Green PowerPresence and Capacity
* Perimeter capacity and growth capex not including USA projects managed through BSO model (Build Sell and Operate).
L’energia del Futuro, il Sole 24 Ore, 18/9/2017
Enel Green Power
28/01/17 Presentation footer 10PT grey. Please add the relevant country to the footer. 5
Presence and Capacity
North and Central
America
2.8 GW
Europe and
North Africa
21.2 GW
Latin
America
11.2 GW
Africa and
Asia
0.7 GW
* Perimeter capacity and growth capex not including USA projects managed through BSO model (Build Sell and Operate).
Solar: 1.2 GW Biomass: 0.1 GW Wind: 6.5 GW Geo: 0.7 GW Hydro: 27.4 GW
Capacity (GW)
Production (TWh)
35,9
85
Key figures* 2016
Enel Green PowerRecent achievements
Countries of presence Advanced development
Mexico
In 2016 1 GW PV awarded in a
tender + 200 MW Wind
Peru
326 MW awarded in 3
technologies
Brazil
Nova Olinda: biggest
EGP PV Plant under
construction (292 MW) Chile
La Silla: Innovative Solar
PV project
Morocco
EGP Consortium
awarded 850 MW Wind
tender
India
In 2015 BLP acquisition
Germany
Acquisition of a geothermal
project and started drilling
exploration activities
Zambia
In 2016 Awarded
34 MW of PV
USA
Cimarron Bend: biggest EGP Wind
Plant under construction (400 MW)
Acquisition of DEN
Indonesia
Awarded the right for exploration
and development of 55 MW
Potential growth
Australia
Acquisition of Bungala Solar One
140 MW PV
Russia
291 MW (2 projects) wind
awarded in June 2017
Spain
540 MW wind awarded in May
2017, and 339 MW solar pv
awarded in July 2017
Le Rinnovabili nel mondo2000-2018*
516 19 21 20
3436
52 79
7687
107117
129 136147
160166
187
0
20
40
60
80
100
120
140
160
180
200
2000 2004 2008 2012 2016
Ins
tall
ed
Ca
pa
cit
y (
MW
)
Mig
liaia
Year
World Installed Capacity by Area
Middle East & N Africa
Africa
APAC
North America
South & Central America
Europe
• The greatest RE developments in recent years have been in APAC.
• Quick European growth from 2007 due to FIT.
• Progressively growing market as far as install capacity per year for Central & South America, Middle East and Africa.
• Africa and Middle East still account for a small component of renewable energy
* source: Bloomberg
516 19 21 20
34 36
52
7976 87
107117
129136
147160
166
187
0
20
40
60
80
100
120
140
160
180
200
2000 2004 2008 2012 2016
Inst
alle
d C
apac
ity
(MW
) Migliaia
Year
World Installed Capacity by Technology
Marine
Geothermal
Biomass & Waste
Solar
Hydro
Wind
World Breakdown by Technology2000-2018*
• Technology development as a whole has seen substantial growth in 2004/05 – (decreased cost, increased revenues)
• Wind, Solar and Hydro technologies have taken up the greatest component of market share.
• Biomass & waste conversion have been constantly deployed and remain an alternative energy source in developing countries.
* source: Bloomberg
World employeesOverall numbers*
* source: IRENA
Nel 2040 solare ed eolico produrranno il 34% della elettricità mondiale, ed avranno il 48% della capacità instalata totale
(Bloomberg, New Energy Outlook Giugno 2017. Tale passaggio può creare nel mondo ulteriori 24,3 milioni di posti di
lavoro
REN cost of energyLCOE
* source: IHS.COM
REN cost of energyEvolution of wind
* source: Bloomberg
12
PV: 65-68
Chile
Wind: 20-30 PV: 50-65
USA
Wind: 49
PV: 81
Brazil
PV: 68
India
Wind: 51
PV: 65
South Africa
Wind: 41-50
Egypt
PV: 24-29
UAE
Wind: 29
Morocco
Wind: 38PV: 48
Hydro: 44
Peru
Source: IEA, BNEF Prices refer to $/MWh
Wind: 43-67 PV: 35-69
Mexico
LAST TENDERS RESULTS $/MWh
6 7 912
1821 21
36
48
55
65
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Number of countries that have adopted
Renewable Energy Auctions
RES Market: A Fast-Evolving IndustryIncreasing Competitiveness & Last Auctions Overview
Wind: 66 €/MWh*
Italy
12/10/2017
PV: 65-68
Chile
Wind: 20-30 PV: 50-65
USA
Wind: 49
PV: 81
Brazil
PV: 68
India
Wind: 51
PV: 65
South Africa
Wind: 41-50
Egypt
PV: 24-29
UAE
Wind: 29
Morocco
Wind: 38PV: 48
Hydro: 44
Peru
Source: IEA, BNEF Prices refer to $/MWh
Wind: 43-67 PV: 35-69
Mexico
LAST TENDERS RESULTS $/MWh
6 7 912
1821 21
36
48
55
65
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Number of countries that have adopted
Renewable Energy Auctions
RES Market: A Fast-Evolving IndustryIncreasing Competitiveness & Last Auctions Overview
Wind: 66 €/MWh*
Italy
12/10/2017
PV: 17,9
KSA
15
3.45 GW from Renewables by 2020 (4% of total generation capacity)
9.5 GW from Renewables by 2023 (10% of total generation capacity)
400 400
300
6201730 1800
2100 2100
0
500
1000
1500
2000
2500
2018 2019 2020 2021 2022 2023
3450 MW by 2020
Wind PV Unknown Technology
ROUND 3ROUND 4
ROUND 5ROUND 6
10 projects
4 projects
2 projects
National Renewable Energy Program
Saudi Arabia
Renewable Energy Project Development Office
«REPDO» was created by Ministry of Energy, Industry
and Mineral Resources to execute the kingdom’s
renewable energy plan.
ROUND 1
ROUND 2
16
Rafha PV 20 MWDumat aljandal
Wind 400 MW
Quarrayat PV 100 MW
Madina PV 80 MW
Sudair PV 300 MW
South Jeddah PV
200 MW
Rabigh PV 200 MW
Midyan Wind 100 MW
Tabuk PV 200 MW
Mahad aldahab PV 20 MW
Wadi Adwasir PV 50 MW
Arras PV 300 MW
Kharj PV 200 MW
Saad PV 150MW
Souibah PV 200 MW
Yanbu Wind 400MW
AlGhat Wind 400 MW
Tubarjal PV 100 MW
Waad alshammal Wind 400 MW
Tabuk CSP 150 MW
Najran PV 50 MW
Uwayqilah PV 10 MW
Farasan PV 5 MW Sharorh PV 50 MW
Madina CSP 150MW
Layla PV 100 MW
SakakaPV 300 MW
Sites selected by REPDO for the National Renewable Energy Program
Saudi Arabia
No Project Name TechnologyCapacity
(MW)
1 Dumat Aljandal Wind 1 Wind 400
2 Midyan Wind 2 Wind 100
3 Yanbu Wind 1 Wind 400
4 Al Ghat Wind 1 Wind 400
5 Waad Alshamal Wind 1 Wind 400
Total Wind 1700
1 Sakaka PV 1 PV 300
2 Rafha PV 1 PV 20
3 Qurrayat PV 1 PV 100
4 Madinah PV 1 PV 80
5 Sudair PV 1 PV 300
6 South Jeddah PV 1 PV 200
7 Rabigh PV 1 PV 200
8 Tabuk Solar PV 1 PV 200
9 Mahad Al Dahab PV 1 PV 20
10 Wadi Ad Dawasir PV 1 PV 50
11 Ar Rass PV 1 PV 300
12 Kharj PV 1 PV 200
13 Saad PV 1 PV 150
14 Shouiba PV 1 PV 200
15 Tabarjal PV 1 PV 100
16 Najran PV 1 PV 50
17 Al uwayqilah PV PV 10
18 Farasan PV 1 PV 5
19 Sharorah PV 1 PV 50
20 Layla PV PV 100
Total PV 2635
1 Tabuk CSP 1 CSP 150
2 Madinah CSP 1 CSP 150
Total CSP 300
TOTAL RES 4635
Mydian 2 Wind 100MW
17
Grazie per l’attenzione!