Diapositiva 1

Transcription

Diapositiva 1
Renewable Energy Industry Prospective
and Business Opportunities
in Mexico
Business Intelligence Unit 2013
Index
1.
2.
Global Industry




1.1
1.2
1.3
1.4
The Industry in Mexico






2.1
2.2
2.3
2.4
2.5
2.6
Installed capacity and potential
Renewable power stations
Investment
Companies in Mexico
Forecast
Wind sector

2.6.1 Wind potential

2.6.2 Projects

2.6.3 Open season

2.6.4 Wind industry manufacturing companies

2.6.5 Success stories
2.7 Solar sector

2.7.1 Solar potential

2.7.1 Projects

2.7.2 Solar industry manufacturing companies

3.
Installed capacity
Investment
Global companies
Global cost trends
Legal framework




3.1
3.2
3.3
3.4
Private production
Incentives
Associations and Research Centers
Procedures
1 Global Industry
Business Intelligence Unit 2013
1.1 Installed Capacity
In 2011, renewable energy (RE) represented 20.3% of the total electrical
power generated worldwide, and 25% (1,363 GW) of global installed
capacity for power generation from RE. It is estimated that by 2035, this
GlobalGW.
power generation installed capacity from RE 2011
capacity reached 3,437
Energy
-Wind
-Photovoltaic
-Concentrated Solar Power
-Hydraulic
-Biomass
-Geothermal
Total
Installed capacity 2011
(GW)
Growth
2010-2011
Installed capacity 2035
(GW)
CARG
2011-2035*
238
70
2
970
72
11
1,363
20%
75%
38%
3%
9%
11%
8%
1,035
406
91
1,602
244
42
3,437
6.3%
7.6%
17.2%
2.1%
5.2%
5.7%
3.9%
Source. REN 21, Renewables 2012, Global Status Report.
* CARG: Compounded Annual Growth Rate. / Estimates. Energy Outlook 2010, IEA.
The wind energy sector was the largest that new capacity added (40 GW),
but the solar sector was the one with higher growth over the previous year,
driven by photovoltaic technology.
It is estimated that by 2035 the installed capacity will reach 3,437 GW, with
a compounded annual growth rate of 2%.
1.1 Installed Capacity
In 2011, the countries with the largest installed capacity from RE sources were China
(21%), followed by the United States (11%) and Brazil (7%). These countries are also
the main power generators from RE sources.
Renewable power capacity and generation leading countries 2011*
Country
China
United States
Brazil
Canada
Germany
India
Russia
Spain
Italy
Japan
Norway
Rest of the world
Total
Installed capacity* GW
282
147
93
78
65
62
49
48
40
39
32
428
1,363
Source. REN 21, Renewables 2012, Global Status Report.
(*)Includes hydropower
(**) Data 2010
Generation
764
436
430
360
104
132
167
94
76
103
118
N.D.
N.D.
TWh**
1.2 Investment
In 2011, global investments in this sector were 257,000 million USD,
representing an increase of 17% in comparison to the previous year
UK
9 md
United
States
48 md
France
Germany
Spain
5 md
31 md
9 md
Italy
29 md
India
12 md
Brazil
7 md
Source: REN 21, Renewables 2012, Global Status Report.
*Includes total finance investment (173,000 md) and public and private, R&D
investment and small projects of distribuited capacity (84,000 md).
China
51 md
Total
investment*
2011
2010
2009
2008
2007
2006
2005
2004
(md)
257,000
220,000
161,000
167,000
133,000
97.000
61,000
39,000
1.3 Global Companies
Main power generation companies
from RE 2010
Company
Country
Iberdrola
Spain
Nextera Energy
United States
China Guodian
China
Corporation
Enel SpA
Italy
Acciona SA
Spain
Energías de Portugal SA
Portugal
E. ON AN
Germany
China Datang Corporation China
China Huaneng Group
China
Infigen Energy
Australia
Share of total capacity: 24%
Source: World Energy Outlook 2010, IEA.
(*) Large hydro is not included.
Main companies in R&D
investments for RE 2010
Company
Vestas Wind System
SMA Solar Technology
First Solar
Renewable Energy
Centrotherm photovoltaics
Sunpower
LM Wind Power
Nordex
Country
Denmark
Germany
United States
Norway
Germany
United States
Denmark
Germany
Source: Economics of Industrial Research
& Innovation (IRI).
1.3 Global Companies
Top wind and PV cells manufactureres 2011
Source: REN 21, Renewables 2012, Global Status Report.
1.4 Global Cost Trends
The RE sector is expected to continue growing in the future; especially in solar and
wind equipment production. Technologies for RE will continue to show a decreasing
production costs due to accelerated technology developments and an increase in
green equipment
manufacturing.
RENEWABLE
POWER GENERATION COSTS BY TECHNOLOGY
Source: Renewable Power Generation Costs in 2012: An Overview, IRENA.
2 Mexico
Business Intelligence Unit 2013
2.1 Installed Capacity
Mexico had 14,501 MW of renewable energy installed capacity generation until
February 2012.This includes major hydroelectric plants which represented 23% of
the total electric generation capacity (63,195 MW).
Renewable power installed capacity in
México
Energy
Potential
(MW)
Installed
capacity (MW)
Hydro
53,000
11,707
Wind
40,268
1,289
Geothermal
Biomass
40,000
823
83,500-119,498
645
Solar
24,300*
37**
Source: Ministry of Energy (SENER). February 2012.
*Estimated potential to 2030.
** Includes medium and small PV projects, mainly focused on
rural and residential
Source: Energy Regulatory Comission CRE,Federal
Electricity Commission CFE.
Mexico has the goal to increase
the share of clean technologies in
total generation capacity to 35%
2.2 RE Power Stations
Oaxaca
Baja California
Tamaulipas
Veracruz
Nuevo León
San Luis Potosí
Michoacán
Jalisco
Chiapas
Puebla
Otros
Total
Capacity (MW)
33
2,499
19
258
570
24
13
437
270
40
124
28
274
81
200
15
192
4
61
55
25
39
60
15
52
36
205
2
10
118
745 3,749 823 441
Source: CFE / CRE / Companies websites
* Projects in operation and under construction includes only hydroelectric <= 30 MW of installed capacity.
5
1
30
156
192
Total
Solar
Hydraulic
Geothermal
Wind
State
RE Power Stations
Biomass
There were 258 opened and under construction plants for electricity generation
from renewable sources in Mexico in 2012. The states with highest number of
projects are Oaxaca for wind power and Veracruz for bioenergy, respectively.
2,551
857
450
434
302
282
210
146
124
103
492
5,951
2.3 Investment
Between 2003 and 2012, Mexico received approximately 7,343 million USD of
FDI in RE industry in general. The investment was concentrated in the states of
Guanajuato, Oaxaca and Baja California. The main investor countries are Spain,
the United States, Denmark, France and Israel.
Foreign direct investment in the RE industry in Mexico
Year
Projects
Investment in
million USD *
Jobs*
2012
2011
2010
2009
2008
2007
2006
2003
Total
4
5
4
4
3
1
1
1
22
1,441
1,853
947
1,024
912
104
311
750
7,343
306
880
226
343
177
1,367
95
102
3,496
Source: FDI Markets
*Data estimated on investment announcements.
2.4 Companies in Mexico
Many transnational RE equipment suppliers and project developers consider Mexico an
appealing investment destination. Furthermore, Mexican companies have diversified
their business towards this sector through participation in small scale projects for RE
equipment manufacturing and sales.
Leading RE companies in Mexico
Source: AMDEE / Companies websites.
2.5 Forecast to 2026
It is estimated that by 2025 total power installed capacity from RE will exceed
30,000 MW. An increase of 20,544 MW (2012-2026) is estimated in current
installed capacity, led by wind and hydropower sources, with 58.6 and 27.3%
share, respectively. This forecast includes government production, selfsufficiency and distributed generation contract.
Forecast of additional renewable power capacity 2012-2026 (MW)
Public service
Energy
Self-sufficiency
Distribuited
generation
Total
Share
Capacidad adicional instalada (MW)
Wind
Geothermal
Hidro
Solar
- PV
-Concentrated
Solar Power
Biomass
3,219
0
4,771
8,352
0
709
461
25
139
12,032
176
5,611
59%
1%
27%
6
752
1,170
1,928
9%
14
0
16
30
0%
0
422
345
767
4%
Total
8,161
10,227
2,156
20,544
100%
Source: Prospective Renewable Energy 2012-2026, SENER.
2.6 Wind Sector
Business Intelligence Unit 2013
2.6.1 Wind Potential
Wind potential in Mexico is estimated
factors between 20 and 25%.
at about 40,000 MW, with capacity
Potential regions for developing wind power projects
Source: AMDEE.
2.6.2 Projects
Installed capacity of operating wind power farms reached 1,289 MW, of which only
7% is operated by the CFE, while the rest is operated through licensees under
self-sufficiency, small producers and independent producers contracts. The state
of Oaxaca concentrate most of the projects due its high wind potential.
Wind power stations
Status
Capacity (MW)
Location
Service
Oaxaca I,II,III and IV
In operation
408.0
Oaxaca
Public
La Venta I,II and III
Guerrero Negro
Yuumil’llk
In operation
In operation
In operation
187.5
0.6
1.5
Public
Public
Public
-
In operation
691.1
Oaxaca
Baja California Sur
Quintana Roo
Baja California,
Chiapas and Oaxaca
Station/Licensee
Total in operation
1,289
Under
construction and
under begin
Total
Source: CFE / CRE, 2012.
Private
2,460
3,749
Baja California, Nuevo
Leon, Oaxaca, San
Luis Potosi,
Tamaulipas and
Veracruz.
Private
2.6.3 Open Season
First bid
In 2006, the Energy Regulatory Commission (CRE) issued the first open season bid to
Reserve Capacity to Transmit and Transform Electrical Power to be developed in the
state of Oaxaca with the goal of transforming or expanding SEN infrastructure through
wind projects. As a result, more than 2,600 MW were reserved, of which 2,000 MW are
private owned projects and the rest will be property of the CFE.
Second bid
In 2011, the CRE issued the second open season bid in the states of Oaxaca, Puebla,
Tamaulipas and Baja California for wind and Hydro projects. It is expected to end in
2013.
In 2012 the process in Puebla was completed with the development of two hydro
Second open season bid applications received
projects with a total capacity of 78.6%.
State
Oaxaca
Tamaulipas
Puebla
Baja California
Total
Source: CRE.
Applications
36
40
23
29
128
Reserved capacity
6,608.90
7063.00
940.18
6,398.50
22,010.58
2.6.4 Wind Power Companies in México
Some of the main wind farm developers in Mexico are Iberdrola, Acciona, EDF,
Renovalia, Eyra, GSEER, Mcquaire (Preneal), Enel, Next Energy de México, Geomex,
Sempra Energy. On the other hand, the leading companies in wind equipment
manufacturing are: Acciona, Vestas, Gamesa, Clipper and Siemens.
Wind power supply chain
Towers
Blades
Generators
Source: Bloomberg New Energy Finance, BNEF / AMDEE / Companies websites.
Other
2.6.5 Success Stories
“Fuerza Eólica del Istmo” wind
farm: Tis project of 80 MW of
installed capacity. This project
supplies 20% of the company
power consumption.
Partners: Peñoles, Cooperativa
La Cruz Azul and Procesos
Electrónicos de México.
“La Mata-La Ventosa” wind farm:
The project of 67.5 MW of installed
capacity located in the Isthmus of
Tehuantepec in the state of
Oaxaca, it supplies 70% of the
power requirements of 348
WalMart stores located in Mexico
City, the State of Mexico and
Morelos.
Eurus wind farm: This complex
began operating in 2009 in the
state of Oaxaca. It has an
installed capacity of 250 MW and
supplies 25% of Cemex’s energy
needs in Mexico.
Partners: Acciona, Cemex,
Inmobiliaria Río La Silla, TEG
Energía, Instituto Tecnológico y
de Estudios Superiores de
Monterrey (ITESM), Cosbel,
Frabel, Maizoro, Rotoplas and
Sabritas. México.
Partners: EDF Energies Nouvelles
Nueva Wal-Mart de México,
Cimentaciones y Puertos,
Inversiones Eólicas, Operadora
Vips, Suburbia and Servicios
Administrativos Wal-Mart.
“Piedra Larga” wind farm: This project of 227.5 MW is
“Mareña Renovables” wind farm: This
expected to generate practically 100% of electricity
project of 396 MW will supply FEMSA
consumed by Bimbo Group in Mexico and 50% in its
for 20 years. Station is expected in the
global operations consumption.
third quarter of 2013.
Partners: FEMSA, Macquaire and
Cuauhtémoc Moctezuma (Heineken).
Partners: Renovalia, Bimbo, Grupo Calidra, Frialsa
Frigoríficos, Papalote Museo del Niño, Suburbia and
Vips.
2.7 Solar Sector
Business Intelligence Unit 2013
2.7.1 Solar Potential
Mexico is among the top five most attractive countries in the world to invest in PV solar power
projects, only behind China and Singapore. This is because the country is located in the so
called “solar belt” with radiation exceeding 5kWh per square meter per day. Furthermore,
Mexico has the largest PV module manufacturing base in Latin America.
World’s attraction index of PV solar industry
The investment attraction index includes: potential market, business policy and environment, financial stability and RE policies. The country attraction index
considers the size of the electricity market, projected growth in electricity consumption by 2030, competitive costs in photovoltaic technology, energy
distribution/ transmission losses, penetration of intermittent sources for electricity generation and power grid coverage.
The countries located on latitude +-35 from the Ecuator are known as the sunbelt because they record the highest levels of solar radiation per year. The
most important sunbelt countries are China, India, South Africa, Brazil and Mexico. The sunbelt is comprised of 148 countries.
Source: EPIA
2.7.2 Projects
So far, there are 37 MW of Solar PV installed capacity. Moreover, there are several projects
under construction that will reach an additional installed capacity of 142 MW.
Status
Capacity (MW)
Location
SERVICE
Interconnection contracts
(small and medium scale)
In operation
37.0
-
Private
Photovoltaic project
(self-supply)
In operation
3.8
Aguascalientes
Private
Pilot photovoltaic solar central
, Santa Rosalia
In operation
1.0
Baja California Sur
Public
Station/Licensee
Total in operation
36.8
Photovoltaic projects
(self-supply and small
producer)
Under
constructio
n
136.2
Aguascalientes
Private
Photovoltaic project
Under
constructi
on
0.5
Durango
Private
5.0
Baja California
Public
Under
Pilot photovoltaic solar central,
constructio
Cerro Prieto
Source: CFE / CRE / SENER/ Electronic n
Media / 2012.
Total
178.5
2.7.3 Solar Industry Manufacturing Companies
Mexico is the main supplier of PV modules in Latin America, with
an annual production capacity exceeding 312 MW (just above
Brazil, Chile and Argentina).
Company
Production capacity (annual)
Location
Jabil
45 MW
Chihuahua, Chihuahua
Kyocera
150 MW
Tijuana, Baja California
Sanyo
ERDM Solar
Solartec
75 MW
Monterrey, Nuevo Leon
San Andres Tuxtla. Veracruz
Irapuato, Guanajuato
Total
30 MW
12.5
312.5 MW
Source: Blomeberg New Energy Finance /Electronic Media.
3. Legal Framework
Business Intelligence Unit 2013
3.1 Private Production
The Law for the Use of RE and Funding of Energy Transition (Ley para el Aprovechamiento de
Energías Renovables y Financiamiento de la Transición Energética or LAERFTE) establishes
regulations for power generation from RE sources. Also, the Special Program for the Use of RE
(Programa Especial para el Aprovechamiento de Energías Renovables) establishes actions and
attainable goals on installed capacity and the country’s power generation, following the goals
established by the National Development Plan (Plan Nacional de Desarrollo), the National Energy
Regulation
in RENational Infrastructure Program (Programa
Program (Programa Nacional de Energía)
and the
• Reform to the Law for the Public Power
Nacional de Infraestructura).
1992
Service (Ley del Servicio Público de Energía
Eléctrica or LSPEE)
1993
• Publication of the Regulations of the LSPEE
1995
•Approval of the Law of the Energy Regulating
Commission (Ley de la Comisión Reguladora de Energía
or CRE)
2006
• Interconnection contract for RE sources
(capacity credit)
2007
• Interconnection contract for small scale solar
energy sources
2008
• The Law for the Use of RE and Funding of Energy
Transition (Ley para el Aprovechamiento de las Energías
Renovables y el Financiamiento de la Transición
Energética or LAERFTE)
2009
• LAERFTE Regulations
Source: CRE.
3.1 Private Production
In December 1992, the Law for the Public Power Service (Ley del Servicio
Público de Energía Eléctrica or LSPEE) was amended to allow private sector
to take part in power generation under the following schemes: Self-supply,
Co-generation, Independent power producer, Small power producer, Import
and Export.
Private power producers (Large escale)
Scheme
Installed capacity (MW)
Self-supply
>0.5 MW
Description
>0.5 MW
It is power generation used for selfconsumption.
It is the use of residual thermal power from
production processes for power generation.
Independent power
producer
>30 MW
Power generation exclusively to be sold to CFE.
Small power producer
Sale: >0.5 MW and <30 MW
Rural electrification: >0.5 MW and <1
MW
Export: >0.5 MW and <30 MW
It is the power generation to be sold to CFE,
rural electrification and export.
>0.5 MW
It is related to power trade with other countries.
The power trade is only possible through cogeneration, independent production and small
production contracts.
Co-generation
Import and export
Source: SENER.
3.1 Private Production
Private sector participation in power generation
The national Electricity System has an installed capacity in operation around of
63,195 MW, which 62.3% (39,363 MW) is owned by the CFE, while the rest is
operated by the private sector (23,799 MW).
Permits for power generation
(30,214.7 MW)
Permits for power generation
Permisos por
estado del
proyecto
In operation
Under
construction
To begin
operations
Inactives
Total
Source: CRE, 2012.
Permits
MW
587
23,798.7
71
4,300.6
18
1,952.7
9
670
162.8
30,214.7
8.7%
0.8% 0.9%
13.6%
46.8%
29.2%
Source: CRE, 2012.
3.1 Private Production
Private sector participation in renewable power generation
The CRE has issued 157 permits to date for renewable power generation, totaling
5,011.7 MW (16.6% of total authorized capacity by the licensees) of installed
capacity, which 40% is already in operation and the rest is projected to be in
operation in the next three years.
Permits for renewable power generation
(5,011.7 MW)
Permits for renewable power generation
Power generation
schemes
Permits
MW
Self- sufficiency
Independent producer
Small producer
Co-generation
Export
Total
103
5
14
34
1
157
3,671.8
510.9
243.4
429.7
156.00
5,011.7
Source: CRE, 2012.
Share of
installed
capacity
65.6%
3.2%
8.9%
21.7%
0.6
100%
Hydro 9.3%
Solar 2.8%
Biomass 14.8%
Wind 73.1%
Source: CRE, 2012.
3.2 Incentives
Business Intelligence Unit 2013
3.2 Incentives
Interconnection agreements
The interconnection agreements allow the independent producers and small producers to sell
their electricity to the CFE through a Power Purchase Agreement (PPA).
Because the renewable power generation is not cotinuous, under de self-sufficiency scheme the
producer can accumulate energy surpluses in the “energy bank” of CFE up to a maximum period
of 12 months to be used or sold to a 85% of the Total Cost in the Short Term (CTCP, Costo Total
de Corto Plazo).
Interconnection agreement
Base load
Mean load
Peak
Station
capacity
Power
generation
Power
energy
demand
Energy
surplus
Source: CRE.
Lack of
energy
3.2 Incentives
incentives for power generation
Energy bank
Enables producers to accumulate energy surpluses under the self-sufficiency
contracts to be used in the future or to be sold to the CFE at the end of the year.
Preferential rate for energy transmission
Transmission service fee for RE or efficient co-generation of $0.14 pesos/kWh,
instead of $0.30- 0.40 pesos/kWh, which is the transmission fee charged for
power from traditional sources.
Fiscal incentives
Accelerated depreciation on fixed assets
Allows depreciation of 100% of investments in equipment and machinery to
generate energy from renewable sources.
Zero tariff:
Exempts antipollution equipment and its parts from general importation or
exportation tax. Covers machinery, equipment, instruments, materials, animals,
plants and other items used in technology research and development.
3.2 Incentives
Funds
Fund for Energy Transition and the Sustainable Use of Energy (Fondo para
la Transición Energética y el Aprovechamiento Sustentable de la Energía)
Its goal is to support the country’s energy sector through projects,
programs and actions that promote the development of RE and energy
efficiency to reduce the increase in GHG emissions.
SENER-Conacyt Sectoral Energy Sustainability Fund (Fondo Sectorial de
Sustentabilidad Energética SENER-Conacyt)
Supports applied scientific research and technology development to
promote RE sources and energy efficiency.
3.2 Incentives
Programs
Integral Energy Services (Servicios Integrales de Energía or SIE) for Small Rural
Communities in Mexico
Rural infrastructure project designed to provide power from renewable sources to
communities that are isolated from the SEN. The goal of the program is to benefit
50,000 homes (approximately 250,000 inhabitants) in a five year operation period.
The first stage is been developed in the states of Chiapas, Guerrero, Oaxaca and
Veracruz.
Program to Promote the Use of Solar Water Heaters in Mexico 2007-2012 (Programa
para la Promoción de Calentadores Solares de Agua en México 2007- 2012 or
PROCALSOL)
Credits
This program supports energy savings in water heating in residential, business,
industrial and agricultural areas. The goal is to install 1,800,000 square meters of
new
solar (Nacional
water heaters
by 2012.
NAFINSA
Financiera)
NAFINSA is a Mexican development bank that supports RE projects using
international organizations funds. The funding takes place through capital issuance
and debt placement for projects that are under construction or operating.
3.2 Incentives
CREDITS
BANOBRAS (Banco Nacional de Obras y Servicios Públicos, S.N.C.)
Banobras works with public and private sector through financing of the
infrastructure and public service projects of local governments, supporting
financial and institutional schemes to provide stability, whilst also promoting
investment in , and financing of, private sector projects.
FIRCO (Fideicomiso de Riesgo Compartido)
FIRCO provides founding for the installation of renewable energy and energy
efficiency technologies in agribusiness of rural areas.
BANCOMEXT (Banco Nacional de Comercio Exterior)
Financing of sustainable projects: (Renewable Energy Generation, environmental
Protection and Improvement and Clean Development Mechanisms).
FIDE (Fideicomiso para el Ahorro de Energía Eléctrica)
Funding for the installation of renewable energy equipment and cogeneration
systems up to 500 kW.
3.3
Associations and research centers
Business Intelligence Unit 2013
3.2 Associations and research centers
Associations
Center for Renewable
Energy Studies
Centro de Estudios de
las Energías
Renovables (CEENER)
Advanced Materials Research
Center
Center for Research and
Advanced Studies, IPN.
Centro de Investigación y de
Estudios Avanzados, IPN.
Mexican Center for Renewable
Energy
Centro Mexicano de Energías
Renovables
Electrical Research Institute
Energy Research Center,
UNAM
Centro de Investigación
en Energía UNAM
Center for Research and Technology in
Production of Biodiesel
Centro de Investigación y Tecnología en
Producción de Biodiesel
3.4 Procedures
Business Intelligence Unit 2013
3.4 Procedures to build and operate a
power station
renewable
Photovoltaic, wind, hydro and biomass projects with a capacity > 0.5 MW
Incorporation of companies
Environmental and natural resource use
- Company’s Article of Incorporation
- National Foreign Investment Registry´s
Certificate
- Authorization for the incorporation of
companies
- Tax-payers’ registry
-
Power generation
- Interconnection feasibility and portage
study
- Authorization for power generation
Backup service
- Interconnection agreement
- Power Purchase Agreement (PPA)
- Transmission agreement
Environmental impact statement
Local paperwork
- Operating license
- Use of land license
- Feasibility study of water service, sewerage
and wastewater treatment
- Feasibility study of electricity service
- Approval of the civil protection unit
- Feasibility study of the activity of the
company
- Building license
- Public registry of property and commerce
Report of activities
- Statistical report of power generation
Thank you
Business Intelligence Unit
Camino a Santa Teresa No. 1679
Col. Jardines del Pedregal
Del. Álvaro Obregón
CP 01900, México, D.F.
Tel.: +52 (55) 5447-7000