From MM to 3.XM and beyond
Intercontinental Wind Power Congress 2015
Stefan Philipp, Head of Portfolio Management
January 30th, 2015
Senvion
At a glance
Company Profile
 Founded in 2001 as
REpower Systems
 Headquarter in Hamburg (GER)
and 20 world-wide offices
 Local office:
Senvion Turkey Rüzgar
Türbinleri Ticaret Ltd.
Anakara
 Revenue of 1.806MEUR (13/14)
 12GW installed capacity spread
over more than 20 countries
 3.500 employees world-wide
 Turbine portfolio ranges from
2MW and 3MW (onshore) up to
6MW (offshore)
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Portfolio Driving Market Developments
From feed-in tariffs to day-trading
Yesterday
Today
Tomorrow
Political stimulation of renewable
energy via introduction of FiT or
certificates
Project-specific negotiation of
PPAs resp. project selection via
tender/auction systems
(Renewable) energy being (day-)
traded at energy markets
Maximize turbine rating to
maximize revenue for customer
as well as supporting political
targets
Several turbine configurations to
optimize business case for each
individual wind project
Requires flexible control of wind
turbine in combination with
energy forecasting
Wind turbine maximizing the
power output at strong wind sites
Broad spectrum of turbine
variants, including project-specific
optimization of design
Concurrent control of turbines by
different entities; combination
with weather forecasting
Continuously increasing importance of LCoE reduction of windfarm projects
2
LCoE Reduction
Key drivers with different impact on LCoE reduction
LCoE Drivers
D AEP*
D CAPEX
Manufacturer's Key Drivers
 Turbine Portfolio Enhancements
(e.g. New Turbines)
 Enhanced Project Suitability
(e.g. Grid, Sound, Ice, ...)
D Cost of
Capital
 Transport/installation concepts
(e.g. single blade, ...)
D OPEX
D others ...
D LCoE
 Bankability of portfolio
(e.g. track-record,...)
 Operation & Maintenance
(e.g. Performance, CMS, ....)
 AEP enhancement remain prime parameter for future LCoE reductions
3
*) AEP – Anual Enegry Production
LCoE Reduction as underlying R&D driver
Performance leap only via new platform achievable
Onshore
Development of LCoE
3.2M114/143m
3.2M114VG/143m
+2% AEP
3.0M122/139m
+3% AEP
3.2M122/139m
+2% AEP
CAPEX + OPEX (+ Fuel)
LCoE =
Total Electricity Produced
Source: Company information
Assumptions:
411
German project with 6.5m/s (140m); all turbines w/ 200m TH; spot market energy price forecast without EEG premium
Portfolio Driving Market Developments
Increasing requirements for (grid) integration of turbines
Yesterday
Today
Tomorrow
Renewables were tolerated in the
electrical grid
Renewables have to support grid
stability
Renewables have to substantially
support the electrical grid
Requirements were limited to
isolation from the grid
Challenging requirements in
various markets (e.g. GER, CAN,
AUS,..)
Coming ENTSO-E grid code
(2016)
DFIG as most cost efficient
solution
Improved DFIG with increasing
costs
NES (full converter) as most cost
efficient and flexible solution
Regular updates of grid codes require continuously improved electrical performance
5
Senvion Product Portfolio
Track record of Senvion turbines today
Turbine
Rated Power
(kW)
Total
(kW)
Total
(pcs)
Country
Germany
3.844.415
France
1.767.700
US
1.263.650
United Kingdom
1.247.400
MM92
2.000/2.050
5.183.050
2.539
MM82
2.000/2.050
2.603.150
1.286
3.4M104
3.400
931.600
274
3.2M114
3.200
780.800
244
MD77
1.500
744.000
496
6M
6.150
664.200
108
5M
5.000/5.075
267.775
53
MD70
1.500
249.000
166
MM70
2.000
148.000
74
57/1000
1.000
108.000
108
Others*
div.
302.669
553
Total
11.982.244
5.901
Other
Total
Capacity
(kW)
Canada
828.200
Italy
774.050
Belgium
562.500
Poland
268.800
China
234.179
(as REpower North)
1.191.350
11.982.244
Others: Portugal, Netherlands, Australia, Japan, Austria, Hungary,
Czechia, Spain, Sweden, India, Greece, Russia, Korea, Switzerland,
Romania
Installations by 01.01.2015
6
Senvion Product Portfolio
Proven Power Performance
 GL Garrad Hassan has reviewed all of 40 measurement campaigns
in 6 countries to validate Senvion’s Power Curve Performance
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Source: GL Garrad Hassan, results as of February 2012
Senvion Product Portfolio
Proven Power Performance
Number
of
measurements
Number of
measured
turbines
5
2
6
2
2
2
15
14
7
6
3
3
1
1
1
1
Ratio
EMAEP/GAEP
[%]
98.9%
min / max results
96.9 – 100.8
99.2%
min / max results
96.1 – 103.2
101.9%
min / max results
101.2 – 103.3
100.9%
min / max results
96.4 – 106.8
100.0%
min / max results
98.2 – 102.1
100.4%
Power Performance Validation
 All measurements have been
reviewed by GL Garrad Hassan
 Based on an extensive data sheet of
40 measurement campaigns
 All measurement campaigns
conducted by independent
measurement institutes
 Comparison of Extrapolated
Measured Annual Energy Production
(EMAEP) and Guaranteed Annual
Energy Production (GAEP)
 High power curve accuracy of 100.4%
for the observed Senvion portfolio
min / max results
99.6 – 101.1
100.9%
min / max results
n/a – n/a
Senvion guarantees power curve of
100% minus measurement
uncertainties
101.2%
min / max results
n/a – n/a
8
Source: GL Garrad Hassan, results as of February 2012
Senvion Product Portfolio
Onshore Turbine Portfolio
2013/14
2014/15
2015/16
Existing
Existing
Under Development
3.4M104
3.4M104
3.4M104NES
NCV
73 / 80 / 100m
NCV
73 / 80 / 100m
NCV
73 / 80 / 93m
3.2M114
3.2M114VG
3.4M114
NCV, CCV
93 / 123 / 143m
NCV, CCV
93 / 119 / 143m
NCV
93 / 119 / 143m
3.0M122
3.0M122
3.2M122NES
NCV
139m
NCV
89 / 119 / 139m
NCV, HCV
89 / 119 / 139m
3.2M114NES
CCV
119m 50Hz
100m 60Hz
3.4M114NES
NCV, HCV
93 / 119 / 143m
MM82
NCV, CCV
59 / 69 / 80m
MM92
MM92
NCV, CCV
69 / 80 / 100m
NCV, CCV
64 / 69 / 80 / 100m
MM100
MM100
NCV
80 / 100m
NCV
75 / 80 / 100m
Information:
NCV Normal Climate Version operation from -20°C up to +35°C
HCV Hot Climate Version operation up to +45°C
CCV Cold Climate Version operation down to -30°C
9
Next Electrical System (NES)
Performance and Timeline
Comparison between current DFIG system and design targets of NES system
Capability
Current 3.XM Performance
3.XM 50Hz NES Performance
LVRT
0% for 500ms
0% for 3s
OVRT
120% for 100 ms
130% for 5s
Steady state voltage range
+/- 10%
-10% / +19%
Q/P (e.g. for 3.2M114)
+/- 0.44
+/- 0.5
Timeline for first installation
2013
2014
2015
2016
Calendar Years
Exptected go-live of
ENTSO-E grid code
0-Series
Serial Production
Start of Communication
Prototype I&C
10
Senvion SCADA Solutions
Solutions for Direct Sales of Electricity
IEC 61400-25 Client
Monitoring
Direct Marketer
Meteo Station B
REguard Control B
WEC
REguard
Control B
WEC
REguard
Analog I/O
Windfarm
Control B
Power Management Unit
REguard Control B mit Interface B
IEC 61400-25
Digital I/O
WEC
REguard
Control B
WEC
Grid Operator
REguard
Control B
11
Offshore Market
At a glance

1,630.9 megawatts of new offshore wind capacity
came online worldwide in 2013.

Today, more than 90% of installations are in
European waters.

The UK has the largest amount of installed
offshore wind capacity in Europe (3,681 MW), and
56% of all installations; Denmark follows with 1,271
MW (19%), Belgium is third 571 MW (8.7%), followed
by Germany (520 MW: 8%), the Netherlands (247
MW: 3.8%) and Sweden (212 MW: 3.22%).

Global offshore wind power in the end of 2013:
7,045.9 MW cumulative.

Wavering political support for offshore wind
energy – especially in key markets like the UK and
Germany – has led to delays to planned projects
and fewer new projects being launched.

This means installations are likely to plateau until
2015, followed by a decline from 2016.
140 Senvion Offshore turbines operating successfull in 6 offshore windfarms
Contracts for 2 further projects (>70 WECs) signed recently
Source: GWEC, Global Wind Report – Annual Market Update 2013, April 2014
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