Seminar Seminar -- Wave Energy in Portugal in the International ContextWave Energy in Portugal in the International ContextWEC Development in PortugalWEC Development in Portugal

15th June 2009, Lisbon

Marc Hadden

Reunião de Quadros – Figueira da Foz

AGENDA

• Overview Martifer + FLOW

• Today's Scenario in Portugal... a Martifer perspectivey g p p

• NavalRia, sink or swim

C l i• Conclusions

AGENDA

•• Overview Martifer + FLOWOverview Martifer + FLOW

• Today's Scenario in Portugal... a Martifer perspectivey g p p

• NavalRia, sink or swim

C l i• Conclusions

Business Areas

MetallicConstructions

Energy Systems

ElectricityGeneration

Agriculture andBiofuels

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International presence

M tif i t i 18 C t i i 5 C ti tMartifer is present in 18 Countries in 5 Continents

Unique portfolio • Execution of turn-key projects with a great metallicconstruction component

Unique portfolio track record:

Expo 98

• Iberian Leader and one of the top 10 European players

• Industrial presence in Portugal, Poland and Angola(currently under creation)

• Focus on large and complex projects (design and OportoAirport

engineering)

• Activities

Airport

• Metallic Constructions

• Facades in glass and aluminiumEuro 2004

• Stainless steel solutions

• Mono Units

Euro 2004

B i A i h P d i f El i iBusiness Areas in the Production of Electricity

Energy resources

WaveWind Solar Hydro

Target Markets

Portugal, Spain, Poland, Romania, Slovakia, Ukraine, the USA, Brazil, Greece, Ireland, Italy and Australia

Business Model

Production of electricity for the

network and operation

Supply and distribution of electricity for the

Create/ Acquire means of electricity

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network and operation and maintenance

yultimate user

ygeneration

• Group Martifer holds 60%

Bi f l l h i

Agriculture Extraction Production of Distribution of

Biofuels value chain

CommercializationAgriculture Extraction Biodiesel fuelsand Logistics

• At present:At present:

• 2 Biodiesel production units (Romania and Portugal) – 200 thousand Ton/year of totalproduction capacity

F l d i R i d B il d l t ti iti i M bi• Farm lands in Romania and Brazil and exploratory activities in Mozambique

• Build a strong brand:

• PRIO as the “top of the mind” brand

• Customer loyalty development by the uniqueness of the product:

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Customer loyalty development by the uniqueness of the product:

• High inclusion of biofuels

Energy Systems

Business Lines Wind FarmsIndustrial Projects Solar Energy Projects

Main lines of strategic orientation

B f th i l i th l f g t f bl gi• Become one of the main players in the supply of energy systems for renewable energies.• Take advantage of the market opportunities that arise from the changes in the energy industry. • Take advantage of the synergies of the various business lines of the Group.

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AGENDA

• Overview Martifer + FLOW

•• Today's Scenario in Portugal... a Martifer perspectiveToday's Scenario in Portugal... a Martifer perspectivey g p py g p p

• NavalRia, sink or swim

C l i• Conclusions

Today's Scenario in Portugal... a Martifer perspectiveToday's Scenario in Portugal... a Martifer perspective

• Ideas Models Systems = Prototype

n

• Therefore Three main steps can be considered

1. Ideas Models (R&D Phase) PT INT( )

• First phase development (experience)

• Numerical Model Analysis (Freq & Time) etc

X

X• Numerical Model Analysis (Freq & Time) etc..

• Model building and wave tank testing

X

X

• Finite Element Analysis etc... X

Today's Scenario in Portugal... a Martifer perspectiveToday's Scenario in Portugal... a Martifer perspective

2. Models Systems (R&D and Engineering Phase)

AreaR&D Engineering

CountryPT INT PT INT

NavalConstruction X X Various

M h i l X X ES UK DEMechanical X X ES;UK;DE

Hydraulics X X UK;DE

Electrical Electrical (comp) X X X UK;DE

ElectricC bl X X UK;DECable X X UK;DE

Mooring X X X X UK;AU

Offshore Offshore Installation X X UK

AGENDA

• Overview Martifer + FLOW

• Today's Scenario in Portugal... a Martifer perspectivey g p p

•• NavalRia, sink or swimNavalRia, sink or swim

C l i• Conclusions

NavalRia, sink or swimNavalRia, sink or swim

• During 2004/5 over 20 Shipyards contacted in Portugal & Spain• Peniche

M d Fi i d F• Mondego, Figueria da Foz• NavalRia, Aveiro

C tl N l t ti i i it “hi h” l• Currently Naval construction is in its “high” cycle

• In some European shipyards there exists a waiting list of over 1 year

• Decision taken in mid 2007 to acquire a shipyard in Portugalq py g

Shipbuilding Yard acquired by Martifer in late 2007

•126,000 m2 of Land,

•Dry Dock

Fl ti g D D k•Floating Dry Dock

•Slipway

•400Ton Shiplift

•12 berth

horizontal plans

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38 500m238,500m2

60,000m2

27 500m227,500m2

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Shipbuilding Yard acquired by Martifer in late 2007

•126,000 m2 of Land,

•Dry Dock

Fl ti g D D k•Floating Dry Dock

•Slipway

•400Ton Shiplift

•12 berth

horizontal plans

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Dry Docky•Length 103,5mts•Breadth 20mts •Draught 7mts•Draught 7mts

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Shipbuilding Yard acquired by Martifer in late 2007

•126,000 m2 of Land,

•Dry Dock

Fl ti g D D k•Floating Dry Dock

•Slipway

•400Ton Shiplift

•12 berth

horizontal plans

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Floating Dry Dockg y•Length 60mts•Breadth 12mts •Draught 4 5mtsDraught 4,5mts

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Shipbuilding Yard acquired by Martifer in late 2007

•126,000 m2 of Land,

•Dry Dock

Fl ti g D D k•Floating Dry Dock

•Slipway

•400Ton Shiplift

•12 berth

horizontal plans

22

SlipwayS p y•Length 85mts•Breadth 26mts •Capacity 900T•Capacity 900T

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Shipbuilding Yard acquired by Martifer in late 2007

•126,000 m2 of Land,

•Dry Dock

Fl ti g D D k•Floating Dry Dock

•Slipway

•400Ton Shiplift

•12 berth

horizontal plans

24

Ship LiftS p•Capacity 400T

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Shipbuilding Yard acquired by Martifer in late 2007

•126,000 m2 of Land,

•Dry Dock

Fl ti g D D k•Floating Dry Dock

•Slipway

•400Ton Shiplift

•12 berth

horizontal plans

26

Investments are being made to better its infra structure and equipment

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State of the Art Operational Processes

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AGENDAAGENDA

• Overview Martifer + FLOW

• Today's Scenario in Portugal... a Martifer perspectivey g p p

• NavalRia, sink or swim

C l iC l i•• ConclusionsConclusions

ConclusionsConclusions

• Portugal has excellent R&D capabilities• But lacks adequate test facilities

• Portugal has excellent natural resources for wave energy• But still lacks its Pilot Zone which is fundamental to the future of

W E i PTWave Energy in PT

• Important that Wave Energy in PT is seen as a potential industry in th ki d t “b ith t ” ( l l b t l )the making, and not “boys with toys” (slowly but surely)

• Important for Portugal to have necessary conditions for any potential p g y y pdevelopers (infra structure, engineering and construction capabilities)

• HAS TO BE a government strategy AND PRIORITY

ThankThank YouYou!!!!

AnyAny QuestionsQuestions??AnyAny QuestionsQuestions??

Marc HaddenMarc Hadden

NAVALRIA - Docas, Construções e Reparações Navais, S.A.

Porto Comercial, Terminal SulApartado 39

3811-901 AveiroPortugal

Phone: +351 234 378 970Fax:+351 234 378 971

www.martifer.com