Wind Energy Network Rostock

Transkript

1 Wind Energy Network Rostock 01/28/2010 Bernhard Torliene Page 1

2 Content 1 Company Profile 2 Market and Products 3 Review and Outlook Page 2

3 Nordex is a well-established international pioneer in wind energy Nordex im Überblick Installierte Anlagen Global agierender Windenergieanlagenhersteller mit Fokus auf Herstellung von MW-Großturbinen 1985 in Dänemark gegründet Börsengang im Jahr 2001 Starke Wachstumsgeschichte und positive Zukunftsaussichten 2004 Umsatzerlöse: 214 Millionen 2008 Umsatzerlöse: Millionen Hauptproduktionsstandorte in Deutschland (Rostock) und China (Dongying, Yinchuan) Stammsitz in Deutschland (Norderstedt) Mitarbeiter (Stand März 2009) Deutschland 35% Afrika 1% Amerika 3% Mainstream (0,75 1,5 MW) 30% Small (<0,75 MW) 5% Geographische Verteilung Segmente Total (Mai 2009): MW Sonstige Europa 51% Asien 10% MW Class (1,5 2,5 MW) 65% Page 3

4 Und was passiert noch in der Welt Gründung Nordex A/S in Give, Dänemark 1985 Boris Becker gewinnt als erster Deutscher und gleichzeitig jüngster Spieler Wimbledon Nordex expandiert nach Deutschland und baut eine Produktion in Rerik auf 1992 Bill Clinton wird Präsident der USA Nordex errichtet die erste MW-WEA 1995 Christo verhüllt den Reichstag in Berlin Errichtung der ersten N80/2500, stärkste WEA der Welt 2000 Microsoft bringt sein Betriebssystem Windows 2000 auf dem Markt IPO an der Frankfurter Wertpapierbörse Neuer Markt 2001 Nordex geht an die Börse Page 4

5 Und was passiert noch in der Welt Nordex geht Offshore, Frederikshavn 2003 Arnold Schwarzenegger wir Gouverneur im US-Bundesstaat Kalifornien Nordex nimmt 1. Offshore-WEA in Deutschland in Betrieb 2006 BMW stellt in Genf den Z4 M Coupé vor Fertigstellung neue Werke in China 2007 Ich werde ihn vermissen, die Kanzlerin verabschiedet MP Stoiber aus der aktiven Politik Erweiterung der Rostocker Werke 2008 Hamburg wagt die bundesweit erste schwarz-grüne Koalition auf Landesebene Spatenstich neues US-Werk 2009 Wir erinnern uns noch gut... Page 5

6 Well-established presence in and increasing exposure to growth regions Established Global Production, Sales and Distribution Network Chicago Hamburg Kolding, Uppsala Rostock Yinchuan Jonesboro Beijing Manchester Dongying Barcelona, Lisbon Paris Roma Istanbul Warsaw Headquarters Production Sites Branches Countries / regions with main service activities Page 6

7 Content 1 Company Profile 2 Market and Products 3 Review and Outlook Page 7

8 Balance of sources in future energy policy Economy Wind Reliability of supply Ecology Wind energy is the most balanced source and will deliver a major contribution in the future electricity supply Page 8

9 Wind energy plays a central role in the renewable energy mix Wind energy with huge CO 2 reduction potential Levelized costs wind vs. others (EUR/MWh) ~ 941 g ~ 786 g Average emission in g/kwh including transport & life cycle cost Photovoltaics Solar heat Conv. Gas/Oil Biomass Adv. Gas/Oil ~ 312 g ~ 208 g Wind IGCC Geothermal ~ 79 g ~ 24 g Hydro Nuclear Lignite Coal Oil Natural gas Nuclear Wind Without a structural change, carbon dioxide emission will increase by 55% to 40 GT in 2030 (at present 18 GT) mainly driven by energy demand Source: Öko-Institut, Source oil: BUND Clear economic cost advantage of wind power generation in level playing fields (consideration of CO 2 emission costs) Page 9

10 Wind energy a rapidly growing industry MW per year 30,000 Installed Wind Power in the World Annual and Cumulative Cumulative MW 150,000 25, ,000 20, ,000 15,000 75,000 10,000 50,000 5,000 25, Page 10

11 Global demand forecast 2009e e New MW 60,000 50,000 40,000 30,000 20,000 10, ,532 8,711 9,171 9,476 29,703 12,250 8,590 8,673 33,425 13,270 10,025 9,780 CAGR: +14% 40,230 15,030 11,950 12,850 45,660 16,500 14,350 14,360 50,080 18,350 16,290 14, e 2010e 2011e 2012e 2013e 58,245 20,800 19,325 17, e America Europe Asia RoW Source: MAKE Consulting, Totals include RoW Page 11

12 MW class will further increase in importance Market growth by product segments (supplied MW) 20,442 6% Offshore Established markets Western Europe (including Spain) 80% North America 1% 8,304 35% +41%* Asia (including China, India) 46% 56% 13% 8% 1% Emerging markets < 750 kw "Small WTGs" 750 1,499 "One MW" 1,500-2,500 "Mainstream" > 2,500 "Multi-MW class" Source: BTM Consult, 03/2009 * CAGR ( ) Page 12

13 Offshore will become a relevant wind energy market segment New MW Onshore Offshore 66,039 29,870 35,014 42,452 47,585 54,800 59, ,626 1,368 3,805 3,720 4,200 7, e 2010e 2011e 2012e 2013e 2014e 2015e Currently, offshore is a niche market with promising growth potential Expected offshore market share in 2015: 10% (2009e ~ 2,5%) Nordex targets to enter this segment in 2014/2015 Source: BTM Consult ApS, October 2009 Page 13

14 Shaping Nordex for future growth: Product development Product variety, but internal standardization where possible Standardized platforms K8 Strong wind N80 N70 K7 Medium wind N90 N77 Low wind N100 N82 Some shared components (e.g. control system) Offering products for each market segment bigger than 5 GW p.a. Product development cycle around 5 years due to intensive 20-years-lifetime tests Page 14

15 Generation switch to better position Nordex on the global market First gamma version of the K08 platform installed February 2009: First prototype of the gamma K08 platform (N100/2500) installed in Germany Optimisation of Nordex' 2.5 MW wind turbines (N80/2500, N90/2500, N100/2500) New design of the rotor hub and nacelle as striking features Generation switch will be implemented first with the N100/2500 (series production will start in 2010) Advancements in: Availability Safety Quality Page 15

16 Content 1 Company Profile 2 Markets and Products 3 Review and Outlook Page 16

17 Nordex was able to achieve an above-average growth in recent years and increased its global market share Sales in mn Nordex' world market share/new installed MW 1, % 3.0% 3.4% 3.4% 4.0% 1,075 MW CAGR: 51.8% MW MW MW 300 MW Page 17

18 Nordex has a global operational footprint Americas Europe Asia Production: Nacelles (Jonesboro) Production: Nacelles (HRO) Blades (HRO) Production: Nacelles (Yinchuan) Blades (Dongying) Production Production focus on nacelle assembly & blades Core production (new types, high end) in Rostock, Germany (HRO) New facilities in China established to supply markets in Asia Facilities to be established in North America by 2010 Page 18

19 Nordex capital spending 2009 Extension of the rotor blade production facility Total budget: ~ EUR 100 million Location: Rostock, Germany Completion: 2009 Set up of nacelle and rotor blade production facility Total budget: EUR 80 million Location: Jonesboro, USA Completion: 2010/2011 Nordex is going to invest some EUR 70 million in 2009 to reach its mid-term growth targets Page 19

20 Further plans for production centre in Rostock Extension of the facility Total budget: > EUR 100 million Location: Rostock, Germany Completion: 2009 Area: sqm Capacity WTG: MW/year Capacity blades: MW/year Nacelle production Switch cabinet production Blade test stand Painting hall blades Existing blades production Blades production Page 20

21 Nordex in Mecklenburg-Western Pomerania ~ 35% of the added value of a Nordex turbine comes from Mecklenburg- Western Pomerania Nordex employs more than 900 people directly in Mecklenburg-Western Pomerania, more than 500 thereof in their production facilities Page 21

22 Logistik am Standort Rostock ZDF Thank you for your attention! Page 22