1

WEB Aruba Roadmap to HFO Reduction and

Renewable Energy Increase

Presented by Oslin J. Boekhoudt, General Director WEB Aruba NV

2

Corporate Strategy 2014 - 2020

Cleaner, Greener and Fuel Oil Free by 2020

The period represents a logical sequence in focus and a clear strategic direction towards 2020 for WEB Aruba NV

3

Accomplished till now

• Total investments for 2005-2013 of Afl. 450 Million

• Total HFO reduction of approx. 40%

• Realized renewable penetration of 17%

• Realized pilot Ice Storage Project at WEB Facility

The roadmap to HFO reduction & renewable energy increase

4

6,180 6,166 6,227

5,635

5,296

4,922 4,992

4,172

3,791

3,543

3,716

$36.13

$46.27

$51.99

$77.66

$55.40

$73.13

$99.02 $102.83

$97.13 $97.51

$-

$20

$40

$60

$80

$100

$120

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

HFO

Pric

e in

USD

/Bbl

HFO

Con

sum

ption

in B

bls/

Day

HFO Bbl/Day HFO (all-in) Price

RECIP 124 MW RECIP 2

24 MWSWRO1

8,000m3

WP Vaderpiet30 MW

RECIP 3 & WHRB44 MWSWRO2

24,000m3

Accomplished till now

40% reduction in HFO Consumption while prices increased with 170%

5

Current realities (Transition Phase)

• Higher Fuel Oil consumption, due to:

– Increase wind energy (Renewable Energy) production resulting in

equipment not operating at optimal efficiency levels during the

transition phase

– Roadmap to MSF Zero Water plant “100% SWRO” resulting in

equipment not operating at optimal efficiency levels during the

transition phase

• Drop in electricity sales combined with a high peak demand

The roadmap to HFO reduction & renewable energy increase

The road ahead

Strategy WEB Aruba for 2014–2018:

• Further reduce dependency on Heavy Fuel Oil

• Enhance production plant automation with Intelligent

Generation Management System (IGMS)

• Introduce Energy Storage solutions

• Further implementation of affordable renewable

technologies

6The roadmap to HFO reduction & renewable energy increase

The road ahead

Strategy WEB Aruba for 2014–2018:

• Investments for 2014-2018 of Afl. 211 Million.

• Realize an extra HFO reduction of approx. 20%.

• Increase renewable penetration from 17% to

approx. 40%.

• Roadmap towards MSF Zero Waterplant “100%

SWRO”.7The roadmap to HFO reduction & renewable energy increase

8

The road ahead

60% HFO reduction compared to 2005

9

34%

27%

30%

6.7%2.5% 0.2%

FUTURE

TPP RECIP WIND BIOGAS SOLAR HYDROSTOR

Renewable Partition

34%

49%

15%2%

2014

TPP RECIP WIND BIOGAS SOLAR

~ 17% Renewable Energy

~33% Renewable Energy 2015

~40% Renewable Energy 2018