Renewable Energy: Portuguese green solutions for a clean world - - PowerPoint PPT Presentation

Renewable Energy: Portuguese green solutions for a clean world

INNOVATING PORTUGAL, more than you imagine Canary Wharf, 3rd June 2010

“Portugal is not in same boat with Greece. This is very visible when we look at the facts and figures. Portugal is not Greece", Jean-Claude Trichet - President of the European Central Bank (ECB) “Comparisons between Greece on the one hand and Spain and Portugal do not reflect reality. Economies of Spain and Portugal's are not comparable to that of Greece”, Angel Gurria - Secretary General of the Organization for Economic Cooperation and Development. “The financial situation in Spain and Portugal is not comparable to that in Greece. We don't see the cases of Portugal and Spain as comparable to Greece", German Finance Ministry spokesman. “Portugal is in a totally different situation than Greece. Greece is much more oriented to the Eastern part of Europe, to the Balkans, Portugal is in the crossroads of the southern emerging countries”, Ricardo Salgado - Chairman of Espirito Santo Financial Group [ESFG] and director at NYSE Euronext. According to the IMF, the Portuguese banking system has weathered the global financial crisis relatively well, reflecting pre- existing strengths. Portuguese banks’ borrowings from the Central Bank amount to less than 2% of banks’ assets. This is below the levels observed in France, Spain, Germany and Greece.

Country’s strenghts (in numbers)

9.4% of GDP in 2009 (compared with 12.7% in Greece) 85% of GDP 2010 (compared with 124% in Greece) Tough fiscal measures: Between 2005 and 2007, Portugal cut its budget deficit in half, from 6.1% of GDP to 2.6%. Portugal had lowered the deficit to 2.8% of GDP, in an environment of moderate growth. A four-year austerity programme to chop the budget deficit again, this time to 2.8% of GDP in 2013, has been adopted. Age-related public spending will rise by only 2.9% of GDP in Portugal over the next 50 years (compared with a euro-area average of 5.1% and a startling 16% in Greece) In the EU context, Portugal is well placed in what concerns public debt affordability and sustainability. Activity indicators are suggesting an exports-based recovery in 2010-2011. GDP could rise close to 0.6% in 2010 (after -2.7% in 2009).

Core competitive advantages:

• Modern country in transition from low-cost

manufacturing to knowledge-based industries.

• In five years, Portugal has become a European

leader in renewable energy. It has also cut civil- service jobs from 747,000 to 675,000. It sends some 35% of its young people to university.

• It is investing over 1.5% of GDP in research,

much more than Spain. At the same time, however, Portugal is losing some of its EU structural funds to the club’s newer, poorer members from Eastern Europe.

• Higher growth in the future come from improved

confidence from fiscal consolidation;

• An expansion of the relevant market of the

economy, mainly to Africa and Latin America, taking advantage of historical and cultural ties, as well as of geographic proximity (and acting as a bridge to these emerging economies);

Renewable Energies

“Alternative energy is a future idea whose time is past. Renewable energy is a future idea whose time has come.”

Bill Penden, in Atlas World Press Review, 1977

Renewable Energy

Evolution of energy produced in Portugal from Renewables sources

Source:Direcção- Geral de Geologia e Energia

(Pequena Central Hidroeléctrica)

• Reduction in overseas dependency by an

increase in production (diversification of primary resources) and in the promotion of energy efficiency

Guarantee of a reliable supply Use of environmental processes Encourage company competition, competitive- ness and efficiency

Renewable Energy

• Reduction in gas emissions that cause a

Greenhouse effect

• Development of an industry that supplies

equipment and services – incentives to innovation

Strategic Priorities

• Liberalization of the gas and electricity markets
• Development of an operator to transport gas and electricity – REN
• Promotion of developments in renewable energies
• Focus in wind power – wind power cluster in Viana do Castelo
• Portuguese Reservoir Plan with a High Potential for Hydro Power
• Valuation of biomass
• Increase the use of solar energy
• Incorporation of bio fuels
• Leader in wave energy
• Implementation of a plan to increase energy efficiency - Portugal

Eficiência 2015

Renewable Energy

Main areas of activity

Renewable Energy

Some results obtained: Wind energy in focus

Fonte: EWEA – Annual Report 2008 e EIU Alemanha 23.902 Espanha 16.740 Itália 3.736 França 3.404

• R. Unido

3.241 Dinamarca 3.180 Portugal 2.862 Potência eólica instalada (MW) Dinamarca 578,2 Espanha 367,9 Alemanha 289,0 Portugal 269,2 Itália 62,7 França 54,6

• R. Unido

52,8 Potência eólica instalada (MW) por milhão de habitantes

Renewable Energy

78.1 60 29.4 29 21 20.1 13.2 10 6 5.7 39 9 31.5 25 12.5

20 40 60 80 100

A ustria S w eden P

• rtugal

Finland S pain D enm ark Italy France G reece Ireland Germ any U nited K ingdom N etherlands B elgium Luxem bourg % do total de energia eléctrica

With a target of 39% Portugal undertook the 3rd most ambitious

• bjective of the EU 15 for

renewables The Portuguese Government intends to exceed the objectives defined for 2010 Exceed the target of 39% established by the Directive and achieve, in 2010, a RES contribution of 45% in total electricity consumption (Decision Jan 2007)

Source: Directive 2001/77/CE, Ministery of Economy and Innovation,General Directorate for Geology and Energy; Council of Ministers Resolution nº1/2008

Renewable objective to 2010 (Directive 2001/77/CE)

In 2009 the RES contribution in total electricity consumption reached 45,9% in Portugal

Renewable Energy

Increae average annual rate between 2003 and 2009 Source: General Directorate for Geology and Energy

Evolution of installed power in RES

+10,3% +2,3% +65,2% +9,7%

• Hydro: 54% of power installed in RES in October 2009
• Wind: 39% of power installed in RES in October 2009

+x%

3.000 6.000 9.000 12.000 2003 2004 2005 2006 2007 2008 Out-09

MW

Hídrica Eólica Biom assa RSU Biogás Fotovoltaica Ondas/Marés

Strong growth of the installed capacity for electricity production from Renewables’ sources 2008: 8.151 MW (+63% than in 2003)

• Oct. 2009: 8.909 MW

Change compared to November 2008: Wind: + 685 MW Biomass:+ 54MW Fhotovoltaic:+ 26MW

Focus in Wind Power: Reinforce current capacity

Renewable Energies

537 1.047 1.637 2.108 4.700 5.100 1.292 1.700 600 450 600 2.000 4.000 6.000

2004 2005 2006 2007 Authorized and under construction Tender Equipment upgrade 2010 2012

M W

+95% +56% +29%

Between 2004 and 2012, the capacity increases 960%

Present capacity

Under license and construction

Objectives

Source: General-Direction of Geology and Energy

National Energy Plan ENE 2020

European Plan for 2020 Inteligent, Sustainable and Inclusive Growth

Targets to be set by the European Council in June 2010 Social inclusion and poverty reduction Better and longer formal education Targets to be set by the European Council in June 2010 Education 20% Reduction of Greenhouse gaz compared with 1990 20% of energy from Renewable sources 20% of increase on energy eficiency Climate Change/Energy 3% of European GDP R&D 75% of Workforce (between 20 and 64 years old) Employment 1st phase aproved by the European Council (25 and 26 March 2010)

• To reduce our total energy dependence to 74%, ie less 60

million oil barrels per year

To fulfil the agreements in combating climate change stipulated by the EU

National Energy Plan ENE 2020 – Targets

Note: The above targets are for 2020 Source: MEID and Announcement from Portuguese Government - 18 March 2010

Reduction of Energy dependence

• To guarantee that 60% of electricity is produced from

renewable sources

• To reduce energy consumption by 20%
• To reduce the input balance by 25%,ie, 2,000 million

Euros/year by 2020 Consolidation of the renewable energy cluster Reduction of our external deficit for energy goods and services

• To reach a GVA of 3,800 million Euros
• To create a further 100,000 jobs

Approved by the Portuguese Government on 18 March 2010

Consolidation of the cluster associated to energy efficiency

• To create 21,000 jobs
• Investment of 13,000 million Euros by 2020
• Exports of 400 million Euros

Portuguese Energy Strategy ENE 2020

Renewable Energy

Mini-Hydro Promotion: licensed 250 MW Increase of Hydro potential up to 8,600 MW To increase the integrated reversible capacity with wind power To install 1,500 MW To up-date the micro-generation programme and to launch a mini generation programme (projects up to 250 kW) Continue to focus on solar thermal energy Priority to install the potential already allocated To reach, 8,500 MW of installed capacity – on equipment and new tenders Priority to install the 250 MW of the potential already allocated To promote the production of forest biomass – public funds, certification of sustainable forest management, promotion of cultural and added value of the residual biomass energy from agricultural and agro-industrial activities

Focus on Renewable Energy

Availability for a pilot zone for wind energy To promote a new sector in geo-thermal To explore the potential of hydrogen as an energy vector To reach 250 MW of capacity installed Bio combustion – Transfer and apply the directives and best practices of sustainability and quality Biogas – To explore the treatment of anaerobic residuals and effluents

Hydro Wind Solar Biomass Waves, Geo- thermic + Hydrogenic

Main Portuguese Companies

Sector related bodies

ERSE – Entidade Reguladora dos Serviços Energéticos - www.erse.pt

Responsible for regulating the natural gas and electricity sectors. It has legal, fiscal, sanction and conflict resolution capacities

Direcção Geral de Energia e Geologia - www.dgge.pt

Responsible for the creation, promotion and assessment of energy and geological resources policy, with the aim of sustainable development and a secure energy supply.

Agência para a Energia – www.adene.pt

Promove actividades de interesse público na área da energia. Dos projectos actuais destacam-se os Programas “Eficiência Energética nos Edifícios” e “Água Quente Solar para Portugal”.

Sector related bodies

Renewable Energy

Agência para a Energia – www.adene.pt

Promote activities of interest to the public in the energy area. Amongst current projects emphasis is given to the Programmes “Energy Efficiency in Buildings” and “Solar Hot Water for Portugal”.

APE – Associação Portuguesa de Energia - www.apenergia.pt

Animates the reflection and debate on the evolution of the energy sector and develops activities that reinforce the importance of this sector in the economy and the quality of life in Portugal.

CBE–Centro de Biomassa para a Energia - www.centrodabiomassa.pt

Centre for technological transfer, seeking to contribute to energy diversification, by the production of energy through the use of RES, namely biomass.

Sector related bodies

Renewable Energy

APREN – Associação de Energias Renováveis - www.apren.pt

Seek to participate in the elaboration of the energy and environment policies relating to the use of natural renewable resources for the production of electricity, in the hydro, wind, biomass, solar photovoltaic, waves and seas, biogas and geothermal area.

COGEN Portugal – Associação Portuguesa para a Eficiência Energética e Promoção da Cogeração .- www.cogenportugal.com

Its objective is to promote the efficient use of energy, through shared or decentralized production of energy, from any primary energy source used.

SPES – Sociedade Portuguesa de Energia Solar – www.spes.pt

Portuguese section of the International Solar Energy Society seeking to promote solar energy. Produces studies, participates in Portuguese and international projects, in cooperation with other institutions and develops activities in training and exposure.

Sector related bodies

Renewable Energy

Wave Energy Centre - http://pt.wavec.org

Non-Profit Organisation for the developement and promotion of wave energy strategically supporting companies, R&D instituitions, public and local authorities.

Doing Business With Portugal

Think Global, Think Portugal

Think Global, think Portugal

How we view the world:

• Policentric;
• Multicultural;
• Interlinked;
• Interactive.

How we position ourselves:

• Open and friendly;
• Heritage and Future;
• Gateway of continents and cultures.

Aicep Portugal Global

aicep Portugal Global results of the merger between API and ICEP, the former investment and trade promotion agencies of Portugal. We are a Business Development Agency, focused

• n the development of a competitive business

environment that contributes to the international expansion of the Portuguese Economy. Who are we?

A aicep Portugal Global

Increase Portugal’s competitiveness and reputation by giving a boost to structural investment and making companies international in scope, with special emphasis on SME’s

Mission

• Guidance for companies - serving our clients in accordance

to their requirements, through various solutions and long- term relationships

• Selectiveness - directing activity towards projects and

markets that make a better contribution to company competitiveness and the sustainability of the Portuguese economy.

• Excellence - meeting expectations by means of a rigorous

approach, effectiveness, enthusiasm and a willingness to innovate

Values

Our clients

Turnover (at Group Level) Amount invested (per project,

• ver 3 years)

SME

(internationalization)

25 M Euros 75 M Euros

Large Companies

(investment and internacionalization )

Our business model

P

• r

Investment Exports Supply Networks Export networks

Products and services

Products and Services

Credit Insurance Venture Capital Mutual Guarantee Financial instruments from QREN Fiscal Incentives Market studies Legal Conditions Fiscal System Business opportunities Sectorial analyze in each market Statistics Trade Fairs …..

Market information Financial Support

Products and Services

About markets: ABC Mercado, Como Vender em… About international trade and management Business Mission Participation in trade fairs – multisectorial and sectorials Advertising in magazines Point of Sales promotion Portugal news: clipping of notices Information about international clients Business opportunities Advice a logistic support in the market

Training Promotion

• f Portuguese

companies Personalised services

International Network

World map without Europe

International Network

Macau S.Francisco New York Toronto Mexico S.Paulo Luanda Praia Buenos Aires Beijing Tokyo Maputo Johannesburg Shanghai Singapore Rabat

Business Unit Business Office Business Point

Seoul Santiago Tunis New Delhi Dubai Telaviv Caracas Argel

Paris Berlin London Stockholm Warsaw Moscow The Hague Brussels Zurich Vienna Budapest Prague Copenhagen Helsinki Oslo Dublin Bucarest

Business Unit Business Office Business Point

Barcelona Milan Ankara Athens

Europe

Madrid Merida Vigo

International Network

1 2 3

Contacts and further information

www.portugalglobal.pt for further info about the agency and the country In Portugal: aicep@portugalglobal.pt or dial 808 214 214 Near you, around the globe: search in http://www.portugalglobal.pt/CmsAPI/AICEP/contactos_en.pdf the contact of the international network that you’re looking for.

Thank you