fy2015 medium-term management plan (power and social … · 2013-09-17 · business overview...

© 2013 Fuji Electric Co., Ltd. All rights reserved.

August 26, 2013August 26, 2013

Fuji Electric Co., Ltd.Fuji Electric Co., Ltd.Power and Social Infrastructure Business GroupPower and Social Infrastructure Business Group

FY2015 MediumFY2015 Medium--Term Management PlanTerm Management PlanPower and Social Infrastructure Power and Social Infrastructure

BusinessBusiness

© 2013 Fuji Electric Co., Ltd. All rights reserved. 222

■Business Overview

■Business Targets

■Business Strategies / Priority Measures- Power Plant

- Social Engineering Systems

Contents


Business Overview


Thermal power generation- Medium-capacity thermal power generation- Combined-cycle power generation- Biomass power generation

Hydroelectric power generation- Large-scale hydroelectric power generation- Small- to medium- scale hydroelectric power,

Micro hydroelectric power

Renewable energy- Geothermal power generation- Solar power generation (mega solar)- Wind power generation

Power Plant

Business Overview

• Focus on medium-capacity thermal power generation systems

• Proven technology based on the experiences from large-scale combined-cycle power generation systems

Yoshinoura Thermal Power Station (250MW×2)• Superior experience from ultra- supercritical

steam turbineIsogo Thermal Power Station (600MW)

• Cooperation with Voith Hydro of Germany (joint venture)

• Strengths with regard to vertical bulb turbines and other unique low-head hydropower generation technologies

• 40% global share for flash steam geothermal power generation systems (past 10 years)

• Geothermal power generation technologies accumulated through operational experience over years

• Ability to offer renewable energy systems steeped by incorporating superior power electronics technologies


Power systems- Smart community- Electric power systems- Smart meters

Social environmental systems- Social environmental systems

Social Engineering Systems

- IT solutions

- Cloud computing

Social Information

• Implementation of various smart community proving tests and identification of benefits

Regional energy management system in Kitakｙushu City,micro grids for isolated islands

Eco industrial parks and power stabilization in Indonesia• Accumulated power transmission and

distribution technologies• Public infrastructure construction

• Cooperation with Fujitsu• Construction of IT infrastructure for academic,

public, financial, and industrial organizations

Business Overview


Business Targets


38.027.1

85.680.2

43.836.1

43.842.7

Basic Policies

Japan

Overseas

5.4%

Operating Income/ Operating Income Margin (Billion yen)

Net Sales in Japan / Overseas(Billion yen)

5.9%

Net Sales by Subsegment(Billion yen)

Business Targets

Aim to achieve business growth in conjunction with expanding demand for electricity and social infrastructure development

Expand orders and sales in Japan and AsiaExpand business domains through technological innovationImprove profitability through innovation activities targeting production

processes and by strengthening purchasing capabilities

＋7.7

＋5.4

+10.9

＋2.2

156.9170.0

Consolidatedadjustment

-2.1 -3.2

＋13.1 156.9 170.0

8.4

10.0

86.053.6

45.0

38.2

45.0

46.2

FY2012 FY2015 Medium-term management

plan

-2.1 -3.0

SocialInformation

Power Plant

SocialEngineering

Systems

Amount of Orders Received by Subsegment (Billion yen)

135.9173.0

＋6.8

＋32.4

＋37.1

129.8 132.0


plan

FY2012 FY2012 FY2015 Medium-term management

plan

FY2015 Medium-term management

plan


Power PlantBusiness Strategies / Priority Measures


0

100

200

300

400

500

600

700

2011 2012 2013 2014 2015

ProjectionsPast record

0

100

200

300

400

500

600

700

2011 2012 2013 2014 2015

Middle EasternAfricaEurope

Asia

Latin America

North America

Projections

9

0

2,000

4,000

6,000

8,000

2010年 2020年

Power Plant Market Trends (Worldwide)

Global power generation capacity Geothermal power

Solar power

Wind power

Biomass

Other

Coal

Hydroelectric powerNuclear power

Oil

Gas

7,162

5,183

Renewable energy

Pow

er g

ener

atio

n

capa

city

(GW

) 1,022

Uni

tC

apac

ity (M

W)

Global geothermal power generation market projections● Annual growth rate of 2.2% for global energy demand

- Developed nations: 0.9% annual growth- Emerging nations: 3.3% annual growth ● Growth in gas usage to reduce CO2 emissions, also growth in

coal usage in pursuit of economic performance- Growth in combined-cycle gas turbine demand centered on

developed nations- Growth in coal-fired thermal power plant demand centered on Asian

and other emerging nations ● Promotion of geothermal power generation system

introduction by government measures and deployment subsidies

- Accelerated deployment of geothermal power generation system in Central and South America and Africa, following pace with Indonesia

Ongoing global growth in electricity demand and generation capacity

(IEA Energy Outlook 2012）

(McCoy Power Reports and Fuji Electric’s estimate)

Global thermal power generation market projections

(McCoy Power Reports and Fuji Electric’s estimate)


Wind power

Solar power

Geothermal power

51

（IEA Energy Outlook 2012）

Progressive installation of large-scale thermal power plants and renewable energy systems

Mega solar power market projections in Japan

(Yano Research Institute Ltd. and Fuji Electric’s estimate)

年

Thermal power generation market trends

●Reinforcing thermal power generation in ensuring stable supply of electricity

● Progressive installations of highly efficient coal-fired thermal power generation systems using supercritical steam turbines and combined-cycle power generation systems

● Participation by IPPs and PPSs

Renewable energy market trends

● Progressive installations of solar power generation systems peaking in 2014

● Installation of solar power generation systems and now wind, small- to medium-scale hydro, and geothermal power generation systems

0

100

200

300

400

2010年 2020年

276319 Biomass

Power Plant Market Trends (Japan)Po

wer

gen

erat

ion

capa

city

(GW

)

Power generation capacity in Japan

Coal

Hydroelectric power

Nuclear power

Oil

Gas

Renewable energy

0

500

1,000

1,500

2,000

2,500

2011 2012 2013 2014 2015

more than 50MW

10～50MW5～10MW1～5MW

Indu

ctio

n am

ount

(MW

)


48.653.3

37.026.9

34.058.3

7.1

6.9 36.57.3

8.07.7

Japan

Overseas

Net Sales in Japan / Overseas (Billion yen)

Net Sales by Business Fields(Billion yen)

Aim to achieve business growth in conjunction with expanding demand for electricity

Expand sales of thermal and geothermal power generation systems in regions with growing electricity demand such as Asia and Near and Middle EastIncreases sales by strengthening mega solar plant engineering capabilitiesAdvance business measures for increasing sales for next medium-term

management plan- Participate in domestic large-scale thermal power generation market- Expand orders for wind, small- to medium-scale hydro, and geothermal power generation systems

＋29.2

-24.3

＋5.4

＋10.1

-4.7

80.2 85.6 85.680.2

37.023.4

6.57.0

36.3

17.4

6.2

5.8

Amount of Orders Received by Business Fields (Billion yen)


plan

＋18.9

＋13.6

＋32.4

53.6

86.0

FY2012

Renewable EnergyHydroelectric

Power

Thermal Power

Nuclear Powerand Others

Power Plant Business Strategies / Priority Measures


plan


plan

FY2012


Haiphong Coal-Fired Thermal Power Station in Vietnam

Strengthen technological capabilities related to thermal power generation

• Develop technologies to improve the efficiency and reliability of turbines and generators and boost the competitiveness of such technologies

Yoshinoura Thermal Power Station

Expand orders and sales in regions with growing electricity demand such as Asia and Near and Middle East

• Expand orders through increased coordination with partners (EPC)

Participate in domestic large-scale thermal power market

• Participate in market for coal-fired thermal power generation systems using ultra-supercritical steam turbines (power companies, IPPs)

• Participate in market for combined-cycle power generation systems (power companies, IPPs)

• Introduce Siemens’ state-of-the-art high-performance gas turbines

Strengthen service business and expand sales

• Develop technologies for modernizing and boosting the output of existing equipment

• Establish local engineering systems for service business

Power Plant Priority Measures (Thermal Power)


Solar power systems

Mega solar system known as Southern Alps Energy Park at Fuji Electric’s Yamanashi Factory

Hachijo-jima Geothermal Power Plant

Expand orders and sales of mega solar systems

• Expand orders and sales by leveraging plant engineering capabilities• Strengthen technological capabilities through cooperation with German solar

power generation system engineering company• Develop operational support systems for solar power generation (cloud-based)• Boost competitiveness by developing and commercializing SiC-equipped PCSs

Geothermal power generation systemsExpand orders and sales of large-scale flash geothermal power generation systems

• Continue strengthening operations in Asia, expand orders in Central and South American and African markets

• Strengthen competitiveness through the development of highly efficient and reliable turbines

Participate in binary geothermal power generation market

• Accelerate efforts to capture orders in markets where binary geothermal power generation systems are attracting attention such as the Americas and New Zealand

• Develop technologies for improving the efficiency of hybrid geothermal power generation systems incorporating flash steam power plants and expand orders for these systems

• Leverage technologies and experiences for overseas geothermal power generation systems to capture geothermal orders in Japan (medium-scale facilities, generation from hot springs)

Wind power / hydroelectric powerExpand orders for wind power and small- to medium-scale hydro electric power generation systems

• Develop and expand orders for generators and PCSs for large-scale wind power generation systems

• Expand orders for low-head hydro electric power generation systems and micro turbines

Power Plant Priority Measures (Renewable Energy)


Social Engineering SystemsBusiness Strategies / Priority Measures


0

300

600

900

2012 2013 2014 2015 2016

15

0

6,000

12,000

2012 2015

(Billion yen)

(Advanced Management (electric power distribution, EMS and electric power storage))

Smart meter market projections

(Fuji Electric’s estimate)

Uni

t

(10,000 units)

Electric power distribution and smart community market projections in Japan

Progressive development of next-generation electric power systems and expansion of smart community businesses

Power system market trends●Capacity bolstering of power systems and

development of next-generation systems in response to rise in renewable energy systems and dispersed power sources

● Introduction of electricity storage systems to stabilize power grids

● Expansion of smart communities-Optimal control and efficient operation of energy, energy saving

Smart meter market trends● Introduction of unit-type smart meters

commenced in 2012● Full-fledged introduction of smart meters to

start in 2014

Social Engineering Systems Market Trends

1,200

600


42.835.9

1.00.2

27.417.5

16.4

18.6Japan

Overseas

Net Sales in Japan / Overseas(Billion yen)

Net Sales by Business Fields(Billion yen)

＋9.9

＋7.7

＋6.9

36.143.8

36.143.8

28.518.9

16.5

19.3

Amount of Orders Received by Business Fields (Billion yen)

＋9.6

＋6.8

38.245.0

Power Systems

Social Environmental

Systems

Aim to achieve business growth against the backdrop of efforts to realize the stable supply of electricity and create a society filled with smart communities

Commence full-fledged development of smart community operationsStrengthen development efforts and increase sales in electric power system operationsExpand sales of smart meters

Social Engineering SystemsBusiness Strategies / Priority Measures


plan


plan


plan

FY2012


Cluster energy management system in Kitakyushu City

Spread of Power Systems and Control Systems

Energy creationHighly efficient generationIdeal energy mixes

17

Smart communities

Commence full-fledged development in Japan

• Construct smart community platforms• Commence full-fledged development of cluster energy management systems

Electricity supply-demand balance prediction, demand response, regional dispersed power sources, energy saving

• Expand orders as BEMS, MEMS, and REMS aggregator

Electric power systems

Develop operations overseas • Expand orders for micro grids for isolated islands and energy supply systems for industrial parks

Develop systems and expand orders• Construct next-generation grid systems by utilizing power electronics technologies• Develop electricity storage control technologies to stabilize grids• Develop electricity control equipment utilizing SiC devices

Power systemsGrid reinforcementGrid stabilization

Electricity storage control

Grid stabilizationEffective energy usage

Smart communitiesCluster energy managementEnergy saving, optimal control

Social Engineering SystemsPriority Measures (Power Systems)


Proving-test projectsProvingProving--test projectstest projects Full-Fledged DevelopmentFullFull--Fledged DevelopmentFledged Development

Nago, Okinawa/mega solarDispersed power sources / grid stabilization

Ministry of Economy, Trade and IndustrySmart power network/power distribution network voltage control

Smart distribution

Smart grids

Smart cities

Micro grids

Smart industrial parks / factories

Smart Community Proving-Test Projects

Kitakyushu smart communityRegional energy supply-demand optimization

Keihanna Science CityBuilding energy management

Aizuwakamatsu CityCity development, electricity supply stabilization

Six isolated islands in KyushuReduced power generation costs

Three isolated islands in OkinawaReduced power generation costs

Kumamoto Prefecture: Eco plastic greenhouses, solar power generation

Minamata: Making farming / fishing operations eco-friendly, CEMS

Convenience stores in Japan and overseas: Eco store

Java, IndonesiaEco industrial parks, power stabilization

Saudi Arabia / MODONEco industrial parks, environmental countermeasures

ThailandEco industrial parks, energy saving


Smart meters CEMS demand control

Smart meters

Expand orders and sales of smart meters

• Develop technologies for and strengthen competitiveness of smart meters• Invest in production facilities and innovation activities from production process of

smart meters

Enter into new fields • Enter into meter data management system business• Expand into CEMS, BEMS, and other smart community businesses

Social Engineering SystemsPriority Measures (Power Systems)

2013/ 7/22(月)


Disclaimer

1. Statements made in this documents or in the presentation to which they pertainregarding estimates or projections are forward-looking statements based on the company’s judgments and assumptions in light of information currently available. Actual results may differ materially from those projected as a result of uncertaintiesinherent in such judgments and assumptions, as well as changes in businessoperations or other internal or external conditions. Accordingly, the company gives noguarantee regarding the reliability of any information contained in these forward-looking statements.

2. These documents are for information purpose only, and do not constitute an inducement by the company to make investments.

3. Unauthorized reproduction of these documents, in part or in whole, is prohibited.

fy2015 medium-term management plan (power and social … · 2013-09-17 · business overview...

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