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From fossil to renewable -in 10 years time Knud Pedersen, Vice President, DONG Energy 30.09.2010 Copenhagen Cleantech Cluster side event at World Climate Solutions

Knud Pedersen Dong Energy Wcs

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From fossil to renewable in 10 years?

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Page 1: Knud Pedersen Dong Energy Wcs

From fossil to renewable-in 10 years time

Knud Pedersen, Vice President,DONG Energy

30.09.2010Copenhagen Cleantech Cluster side event at World Climate Solutions

Page 2: Knud Pedersen Dong Energy Wcs

DONG Energy at a glance

DONG Energy is one of the leading energy groups in Europe

We are headquartered in Denmark

Our business is based on procuring, producing, distributing and trading inenergy and related products in Europe

We have approximately 6,000 employees and generated just under 50 billion DKK (approximately 6.6 billion EUR) in revenue in 2009

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Page 3: Knud Pedersen Dong Energy Wcs

Focus areas for current activities

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Page 4: Knud Pedersen Dong Energy Wcs

DONG Energy's vision is to go from black to green energy

CO2-emitting production

Today

CO2-emitting production

CO2-neutral production

15 / 85

2040

CO2-neutral production

CO2-emitting production

85 / 15

2020

CO2-neutral production

CO2-emitting production

50 / 50

Page 5: Knud Pedersen Dong Energy Wcs

Better Place – powering transportation

Power Hub – intelligent control of consumption and production

The vision of 85/15 requires new technologies and new solutions-DONG Energy innovates across several sectors and industries

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Offshore wind – experience in integration of wind power

Climate partnerships and Cleantech – intelligent consumption in households

Page 6: Knud Pedersen Dong Energy Wcs

Offshore wind – experience in integration of wind power

DONG Energy is leader in offshore wind

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• Constructing wind farms with a total capacity of just under 700 MW • Development projects with a total capacity of up to 2,000 MW.

Well on the way towards our target of a total wind turbine capacity of at least 3,000 MW by 2020.

Page 7: Knud Pedersen Dong Energy Wcs

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Better Place – powering transportation

DONG Energy and Better Place cooperation

Wind

Consumption

A 2 MW wind turbine can provide 3,000 electric cars with energy.

Electric cars help utilise excess wind power and recharge at night using cheap electricity.

The electric engine can be a major contribution in the liberation of oil dependency of the transportation sector.

The electric engine is remarkably more efficient than combustion engines.

The change can reduce resource needs for transportation significantly.

Page 8: Knud Pedersen Dong Energy Wcs

Power Hub – intelligent control of consumption and production

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Power Hub enables integration of volatile wind power

DONG Energy Power

control room

Power markets

Power Hub of large and medium size consumption

units

Wind farm controller

Aggregation of electric

cars

Power plant master

controller

Aggregation of micro units

heat pumps, freezers etc

Power Hub of medium-size

power production units

Power Hub of consumption aggregators

Volatility

Peaks

Complement and stabilize

Complement and stabilize

Complement and stabilize

Page 9: Knud Pedersen Dong Energy Wcs

Climate partnerships and Cleantech – flexible and intelligent consumption in households

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We all need to participate in the transformation

Cleantech offering Geothermal heating Heat pumps Insulation Solar

With a range of partners

ConsultancyFinance Solar

Windows InsulationHeat pumps

Climate partnershipsoffering Consulting Implementation of energy reductions Added value for both partiesOur partners have helped reduce energy consumption and contributed to financing Horns Rev II

Page 10: Knud Pedersen Dong Energy Wcs

Thank you for your attention

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