4,016
2,551
Kevin Walker
Chief Operating Officer
Iberdrola USA
4,016
2,551
“Why Can’t We All Just Get Along” - Create expanded coalitions that promote collaboration and shared value propositions.
People
“Go Beyond the Usual Suspects and Solutions” - Create an environment that leverages the strengths and talents of all employees and one that embraces non-traditional ideas as much as traditional ones.
“Do Take It Personal” – Create flexible, adaptable and customized solutions through mobility, rewards & recognition and holistic approaches.
4,016
2,551
Take long-term and short-term approach to business model sustainability.
Profit
Change the customer discussion from Price to Value.
Recognize the global economic impacts and mitigate them for all stakeholders.
Create new revenue streams through traditional and non-traditional means.
Operational excellence is key!
4,016
2,551
Right thing to do from an employment perspective!
Planet
Right thing to do for our environment!
Higher cost impacts in the short run!
Government framework!
Focus on markets with stable regulatory environments and growth potential, future generation mix biased to wind, hydro and nuclear.
United States•Onshore wind energy•Networks (T&D)
Latin America•Operational excellence in gas combined cycles•New hydro capacity•Networks (T&D)
United Kingdom•Onshore/offshore wind•Clean coal•Nuclear•Networks (T&D)
Spain/Portugal•Hydro and wind generation•Networks
Continental Europe•Wind generation
Best practices•Leveraging global skills base• Promoting mobility
Iberdrola’s Global Footprint
17
• Installed capacity: 43,667 MW end 2009• 2010-2012: Gross investments €18 billion (39% U.S., 25% UK, 24% Spain)• 50% of investments in renewables
IBR
6,425**
ANA
5,491
EDPR
7,459
FPL
2,257
EEN
MW as of 2006 MW added in 2007-2009
4,0162,862*2,551
770
3,443
2,6293,874
1,487
10,752
Installed Capacity end 2009Installed Capacity end 2009
World’s largest renewable company…
* As of 2007YE.** As of 3Q09.*** As of 1H09.
… … growing an average of 2,106 MW per year since 2006growing an average of 2,106 MW per year since 2006
A leader in electric vehicle development
Leader in Clean Technologies and Energy Efficiency Programs
Committed to holding emissions 20% below European power sector average in 2020. More than 50% of production emissions-free (31.3.2010)
Pioneering new generation technologies
Promoting smart grids
• Carbon capture and storage -CCS (Longannet UK)• Offshore wind - 10,000 MW pipeline• Wave and tidal power – prototypes in UK
• Urban implementation: Alicante (Spain), Glasgow (UK)• U.S.: Central Maine Power - $96mm US Treasury grant
Public Authorities Agreements: Spain - regional governments and City Halls. UK - Glasgow
Vehicle manufacturers: agreements with GME, Renault, SEAT
Large international pipeline
• World’s largest wind project pipeline - 61,200 MW (31.3.10)• Major hydro development in Europe – 3,000 MW• New nuclear build in UK - in consortium with GDF Suez