K McDermott ESB

Power Generation & SupplyCustomer Supply & Group Services

Future Projects & ESBUp to 2013


� World Class Sustainable Networks� A Renewable Business Of Scale� Best Practice Generation Portfolio� Customer Focused Supply Business� Significant International Presence

ESB STRATEGIC FRAMEWORK 2020ESB STRATEGIC FRAMEWORK 2020

And be a Leader in Carbon Managementand Energy Efficiency


ESB stimulus for Irish Economy2009 - 2013

1. Create 3,700 new external Irish jobs by 2013 through investment innew activities such as Smart Networks, Electric Vehicles and SmartMetering

2. Continue investments in Networks & Generation (€3.5 billion) whichsustain 1,300 jobs in Ireland

3. Provide the infrastructure to support continued job growth andeconomic progress well beyond 2013 in Smart Economy

4. Support the training of 800 apprentices & 300 professionals/graduates


ActivityJobs

in2013

Smart Networks 750Smart Metering 750Electric Vehicles 600New Wind Energy 300Eco Fund 350Energy Services 250Property Construction 550Others 150

TOTAL 3,700

Creating 3,700 external jobs


Sustaining 1,300 external jobs

Activity JobsExisting networkinfrastructure work

1,000 pa

Existing activitiesin PowerGeneration

200 pa

Irish based supportfor existing ESBIactivities

100 pa

TOTAL 1,300 pa


Apprentice & Graduate Recruitment

� ESB will recruit 400 school leavers into its craftapprenticeship programme

� During 2009/10, ESB will enable 400 unemployedapprentices to complete their apprenticeship

� ESB will recruit 300 graduates• 250 Engineering Graduates• 50 Finance/Accounting Graduates


1. Smart Networks/Smart Metering

2. Electric Vehicles

3. Head Office Redevelopment Project

4. Eco–Investment Fund (Novus Modus)

5. Home Energy Efficiency Programme

Overview of Key Initiatives


1. Smart Networks/Smart Metering

� Install smart meters to 2.2m homes, on completion of industry trials

� Transform networks to enable delivery of national renewablestargets and electrification of transport

� Support drive to increase penetration of micro generation in Ireland

� Support delivery of Smart Networks via new Networks IT andTelecoms systems

� Exploit potential for significant future economic development

Will create up to 1500 jobs


2. Electric Vehicles

� Roll out a comprehensive charging infrastructure• Initial pilot of €20m leading to nationwide roll out• ‘Open standards’ available to all suppliers/car companies

� Design and build supporting IT infrastructure

� Public education to promote electric vehicles

� Support conversion of large fleets to electric vehicles

� Support enterprise opportunities with export potential• Battery technology, manufacturing, IT Systems



3. ESB Head Office Redevelopment� ESB will invest €200m in new Sustainable Head Office

� Existing buildings >50 years old in parts, very inefficient

� Will give leadership on sustainable buildings

� Capital release opportunity

� Important for ESB and for Dublin

� International Design Competition

Will create up to 400 construction jobs


Head Office Redevelopment


4. Eco-Investment Fund (Novus Modus)

� New €200m Investment Fund for Energy Innovation

� Positioning ESB as a smart-tech Utility for the future

� ESB investments will drive employment in this sector• Renewable Generation• Clean Energy Technologies• Renewable services and logistics• Low carbon and energy efficiency



� Recent Fund investment of €2.5 million in Nualight

� Irish energy efficiency lighting company� savings of up to 80% of supermarkets energy

� Enable Nualight to grow and develop further products� From 25 staff today to 80� To successful international company

________________________________________________________

� Nualight� Cork based leader in refrigerated display illumination� LED lighting fitted into freezer & chiller cabinets� Lower energy consumption and maintenance costs

Nualight

www.novusmodus.com


5. Home Energy Efficiency Programme

� Promote energy efficiency in the home� Working with SEI & encouraging uptake of grants� Free energy efficiency audits

• Targeting 25,000 householders in 2009• Recommend cost-effective remedial measures• Provide details of approved contractors

� Working with banks to provide convenient financialpackages for householders

� ESB to provide a quality assurance programme



� Creating 3,700 new jobs, sustaining 1,300 external jobs

� Support training of 800 apprentices & 300 graduates

� Key Initiatives

� Smart Networks / Smart Metering

� Electric Vehicles

� Head Office Redevelopment

� Eco–Investment Fund (Novus Modus)

� Home Energy Efficiency Programme

Summary

Documents

K McDermott ESB