la cogeneración: visión al 2030 y 2050 · queda prohibida su reproducción parcial o total sin el...

La Cogeneración: Visión al 2030 y 2050Cogeneration and Renewable Integration

Madrid, February 5th 2020

1. Presentation of Suma Capital

2. Business Case: cogeneration and biomass district heating integration

1Suma Capital

3

Este documento es confidencial. Queda prohibida su reproducción parcial o total sin el consentimiento explícito de Suma Capital

Suma Capital, independent investment manager

• Leading investment manager focused on equity investments in SMEs and in

sustainable infrastructure projects

• Geographic focus in Iberia with increasing interest in rest of Europe.

• +300 m€ of AUM (assets under management). Target equity ticket 5-25 m€

• Two investment teams with differentiated investment strategy:

• Growth focusing on high growing potential SMEs

• Infra focusing on sustainable infrastructure projects, particularly onthe fields of energy transition and circular economy

• Our strong commitment to ESG (Environment, Social & Governance) is

the key value underpinning every investment executed and integrated in our

own Responsible Investment Policy. We are proud signatories of the

United Nations PRI (Principle of Responsible Investment) and aligned

with the Sustainable Development Goals

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Infrastructure Division

• Our goal is to support and boost the deployment of sustainable projects

that enables the transformation of the energy industry into a more

efficient model

• We support energy transition and circular economy initiatives that have a

positive impact on the environment and the society

• We seek a double return through our investments: an economic return as

well as an environmental return

• To that aim, we finance assets and projects that allow a more efficient

consumption of the energy, as well as initiatives that allow a reduction of

the carbon footprint

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Energy transition

Circular economy

Energy efficiency residences, hospitalty,offices, public facilities, industry.

Renewable Power Generation biomass,solar pv, wind, etc.

Mobility fleet transformation to naturalgas, electrical vehicles, LNG bunkering,etc.

Waste to Energy biomass district heating,biogas production, etc.

Waste to Resource waste treatmentplants


Some investment examples

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+ 80 MW solar PV

+160 GWh CO2-free electricity per year

+60 Energy Efficiency projects

Solutions to residential, hospitality and public sectors with more than 25,000 MWh and

8,300tn CO2 emissions saved per year

4 District Heating

With a total capacity of 73 MW,

potentially supplying 230,000 MWh per

year

+1,000 electrical vehicles

1,160 tn CO2emissions saved

98 MW cogeneration 820 GWh electricity per year + 470 GWh

thermal energy


Some key ESG impact indicators

…also GEI Emissions avoided will peak at around 80,000 tons of CO2e/year in the forthcoming years…

…additionally, the primary energy avoided will be around 200,000

GJ/year in the first years of the projects…

~4.9 million GJ of primary energy

production will be avoided…

Reduction of PM2.5,eq emissions in ~200 tons and…

~1.9million tons

of CO2e will be avoided…

…reduction of SO2,eqemissions in ~1,100

tons…

…this is equivalent to ~6,000 ha. of a Spanish pine wood.

… this is equivalent to the gas and petroleum products household consumption of

~1,500 EU citizens.

…PM2.5,eq avoided are equivalent to emissions of over 30,000 moped.

…thanks to around 1,000 million kWh of energy consumption

reduction, throughout the life

span of the projects.

SCEEF II’s projects will help create around 800 net direct jobs, over the

life span of the projects.

~800 net direct jobs

This additional socialreturn generated as adirect result of SCEEFII’s funded activitieswas estimated at 2.7 pereuro invested. In otherterms, every 1€ fundedby the SCEEF II willprevent 2.7 € of sociallosses over the lifespan of the projects.

1 €

2.7 €

Additionally, exerting ourselves to measure the Social Return of Investment (SROI)

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2Business Case:

“Cogeneration and Renewable

Integration”


District heating and cogeneration plant in Aranda de Duero

• Cogeneration CCGT plant located in the Michelin production

factory in Aranda de Duero

• Process consisting of three stages:

1. Power generation through gas turbine from natural gas2. Power generation through steam turbine (high pressure

steam obtained from the evacuated gas)3. Power generation through steam turbine (low pressure)

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Energyworks Aranda (Iberdrola)

• District heating supplying c.3.500 residences and 30 public

facilities through a 15 km pipeline

• The heat produced from biomass in a 12 MW centralized

boiler, with a water storage tank of 5.000 m2 (currently under

construction)

• Heating annual production of c.40 GWh; with more than

11.000 tn of CO2 emissions avoided

Aranda District Heating (Rebi)

11.000 tn CO2 avoided

Higher efficiency thanksto centralized boiler

Neutral CO2 footprintthanks to carboncapturing power ofbiomass

Higher efficiency throughcombined cycle technology

Natural gas is the greenestfossil-fuel

Remaining water steam usedin the industrial process

Environmental benefits Environmental benefits


Project layout

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Michelin Plant

Aranda DH

Residential consumption

• CCGT cogeneration facility

• COD 2003

• Installed capacity: 32,8 MWp

• 12 MWp biomass boiler

• 5,000 m3 water storage tank

• Annual production: 40 GWh

• c.3,500 residences

• 30 public facilities


Unlocking synergies through collaboration

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• Combine the district heating and the cogeneration plant so as to profit from the surplus low-pressure steam generated in the cogeneration plant

• The remaining steam is used to heat water, which is placed in the water storage tank to be distributed to the final consumers

Project

• Substation to interchange steam-water and steam-overheated water

• Ultrasonic meters used to meter the steam used to warm the water

• Control remote system to adjust the output steam based on the power generation estimate

Technology

• Maximize the overall efficiency of both processes, by utilizing the energy to reduce the energy input of the processes

• CO2 emissions saved

• Set the backdrop for other circular economy projects

Benefits


Equipments and technical specifications

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• Contribution capacity of low-pressure steam from the cogeneration used

to heat water for the water storage tank and overheat water for industrial

players

• For the hot water to the storage tank:

• Substation of 12 MW consisting of two condensers JAD

• 800m of DN250 underground pipelines until the water storage tank

• For the overheated water:

• Substation of 4 MW consisting of a DNA exchanger to generate

overheated water

• 1,200m of DN100 pipelines

Avenida Diagonal 640 5º-F 08017 BarcelonaTel. +34 933 680 [email protected]

Thank you

Sergio Fernández ([email protected])

mailto:[email protected]

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