Reliable, sustainable, long term partner RWE Turkey RWE Turkey - - PowerPoint PPT Presentation

RWE Turkey PAGE 1

Reliable, sustainable, long term partner

RWE Turkey 09.11.2015

RWE Turkey PAGE 2

RWE Group is a reliable and strong partner in the energy business with a proud and long heritage

RWE Headquarters in Essen, Germany Stylized facts*

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* 2014 financial results

> 117 year old company > EUR 48 bn revenues > EUR 4 bn operating result > Around 60,000 employees > 49 GW total installed capacity > 258,3 billion kWh electricity, 281,3 billion kWh gas sales > Serving over 16 million electricity and 7 million gas customers > Stable ownership structure with 86% institutional investors > RWE scores well in sustainability ratings (e.g. Dow Jones Sustainability Index, look at www.rwe.com/responsibility)

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RWE is one of the leading integrated energy companies in Europe with growth ambitions in the MENA region

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RWE Core Markets1

1 Without world-wide trading, consulting and upstream oil & gas businesses 2 Market positions of the RWE Group in terms of sales

Leading Positions in Core Markets Product Market2

RWE markets with established market positions Additional established markets for renewables MENA&Turkey emerging markets European growth markets

Electricity Gas Germany

• No. 1
• No. 3

UK

• No. 3
• No. 4

Netherlands

• No. 1
• No. 2

Central Eastern and South Eastern Europe > No. 2 in Hungary > No. 3 in Slovakia > No. 5 in Poland > No. 5 in the Czech Republic > Presence in Croatia > No. 1 in the Czech Republic > No. 2 in Slovakia > Leading position in Hungary > Presence in Croatia MENA & Turkey > Presence in Turkey > Presence in the Gulf Total Europe

• No. 3
• No. 5

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RWE organizational setup in Turkey

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Establishment of RWE Turkey in Istanbul

2008 2010

Denizli Gas-Fired Combined Cycle Power Plant investment decision

• Construction started

2012

Denizli Power Plant Gas turbine 1 (GT1) First Fire First synchronization GT 1 to the national grid

2011

Customized power sales to commercial and industrial customers started RWE ST started Gas Trading in Turkey within the scope of its LNG import license

2015 2014

Standardized power sales to small and medium sized enterprises and residential customers started

2013

Denizli Power Plant First steam admission to steam turbine Commercial Operation started in August

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RWE Turkey is active along the electricity value chain

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Downstream Sales Upstream Generation Trading/ Wholesale > The joint venture RTG (70% RWE and 30% TURCAS) owns and operates a CCGT in Denizli > Commercial operation date: August 2013 > Installed power (net): 775 MW > Net efficiency: 56% > Residential customers supplied: > 3.5 mn > Opportunistically developing other generation projects General Engagements > RWE seeks further investments in Turkey and supports government’s efforts to liberalize the energy market > Member of the energy working group of TUSIAD > Founding member of Energy Traders Association (ETD) > Founding member of Istanbul Trader Meeting (now part of All Energy Turkey) > Founding member of Energy Council of Foreign Investors > Sales activities started in 2011 by RWE Enerji > Customized power sales to commercial and industrial customers > Standardized power sales to small and medium sized enterprises and residential customers > Commercial management of generation assets > RWE offers expertise and support > RWE Turkey is supporting a market based framework for the Turkish electricity & gas market > Establishment of a Turkish Energy Exchange (EPIAS) is strongly supported

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RWE Turkey Sales’ business rests on three pillars

Portfolio Management Services Mass Market Business Key Account Business

1 2 3

Year 10 Year 9 Year 8 Year 7 Year 6 Year 5 Year 4 Year 3 Year 2 Year 1 Costs Revenue Profit

Commercial management of generation assets (asset optimization

• r fee for service)

Standardized power sales contracts with small and medium sized enterprises, up to 1 GWh/ a consumption Customized power sales contracts with commercial and industrial customers, over 1 GWh/ a consumption

RWE Turkey Sales Business Lines

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RWE Turkey understands energy markets, introduced gold standards and supports liberalization

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> RWE Turkey is one of the first companies to implement the general agreement prepared by the European Federation

• f Energy Traders (EFET)

> First EFET agreement in the Turkish market was closed in September 2011 between Akenerji and RWE > Contract is the most widespread standard document in use across Europe for transactions that involve the physical delivery of electricity > RWE Turkey is a founding member of the Energy Traders Association (ETD) which champions broader power market liberalization > RWE Turkey supports the setup of trade fairs and industry conferences to support best practice exchange and bring as many players to the market as possible

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Contact details

Emirhan Caddesi Barbaros Plaza No: 113 Kat 6-7 34349 Dikilitaş-Beşiktaş/Istanbul T +90 212 396 00 96 F +90 212 236 96 91 Please have a look on our websites www.rwe.com www.rwe.com.tr www.rweelektrik.com www.rweturcas.com RWE Turkey

09.11.2015