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Supply Opportunities in Canada’s Wind Energy Market Stephen Rach CanWEA

Supply Opportunities in Canada’s Wind Energy Market Stephen Rach CanWEA. Toronto, Ontario October 6, 2010. About CanWEA. National industry association for the wind energy industry in Canada

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Supply Opportunities in Canada’s Wind Energy Market Stephen Rach CanWEA

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  1. Supply Opportunities in Canada’s Wind Energy MarketStephen Rach CanWEA Toronto, Ontario October 6, 2010

  2. About CanWEA • National industry association for the wind energy industry in Canada • More than 450 members including wind turbine manufacturers, component suppliers, wind energy project developers, owners and operators and a broad range of service providers to the wind energy industry • Our mission is to promote the responsible and sustainable growth of the wind energy industry in Canada • We are engaged in: • Policy development and advocacy • Federally and in all provinces • Communications and public outreach • Educational and networking opportunities

  3. Canadian Wind Market • 38% average annual market growth in past 10 years • 2010: 750 MW • 2011: 1,000+ MW • Wind power currently supplies almost 2 % of Canada’s electricity • Enough power to meet the needs of over 1,400,000 homes

  4. Wind in Canada: Federal Policies • Federal government has committed by 2020 • Produce 90% of electricity from non-emitting sources • Reduce green house gas (GHG) emissions to 20% below 2006 levels • Federal government has committed by 2050 • Reduce GHG emissions 60% - 70% below 2006 levels • EcoEnergy • Provides incentive for wind: 1 cent/kWh for ~4,000 MW • Funding is fully allocated and Budget 2010 did not provide extension • Difficult given that the US has put in place an incentive that is 3x greater than EcoEnergy, is refundable and extends to 2012

  5. Wind in Canada: Provincial Policies • Ontario – IPSP: 4,600 MW by 2020 • Expected to be higher due to the Green Energy Act • Quebec – 4,000 MW by 2016 • Alberta – Building transmission to support 3,200 MW • BC – Wind can easily contribute 1,500 MW to targets • Maritime Provinces – Minimum 1,200 MW by 2015 • If all of these commitments are met, CanWEA believes this represents a minimum of 12,000 MW by 2015 Wind: Canada's infinite source of clean energy.

  6. The Canadian Wind Market 164 MW 1,000 MW 300 MW 0.81 MW 139 MW 400 MW 104 MW 54.7 MW 103.5 MW 195 MW 2,000 MW 500 MW 4,000 MW 80 MW 371 MW 171.2 MW 656 MW 663 MW 1,248 MW 500 MW 4,000 MW 3,499 MW 13,151 MW 2010 2016

  7. Quebec Wind Market • Developed through a series of RFP’s from Hydro-Quebec • RFP 1 – 2003: 1,000 MW • GE Wind • 3 farms remain to be constructed by 2011 [370 MW] • RFP 2 – 2005: 2,000 MW • REpower & Enercon • Farms will be in operation between 2011 and 2015 • RFP 3 – 2010: 500 MW • Community and First Nations developments • 25 MW Max size • Awards expected by end of 2010

  8. Quebec Market • Local Content Requirements • 60% or more of total wind project expenses must be made in Quebec • Minimum 30% of the turbine costs must be sourced from the RCM of Matane and Gaspe Region • RFP’s 2 & 3 represent a $5.9 Billion market opportunity

  9. Ontario Market • Green Energy and Green Economy Act (GEA) • The most comprehensive package of policies to stimulate renewable energy development in North America • Feed-in Tariff (FIT) Rates • Onshore - 13.5 ¢ / kWh • Offshore - 19.0 ¢ / kWh • Local Content Requirements • Ramp up from 25% to 50% domestic content by 2012 • Working with the government to determine how 50% can be achieved

  10. Ontario Market OPA Wind FIT Awards April 2010 • 1, 229.4 MW • 47 on-shore / 1 off-shore • 800 kW – 300 MW • Some turbine OEMs awarded • General Electric • Siemens • Vestas • Enercon • $ 4.2 billion market opportunity

  11. Canadian Wind MarketOffshore Wind • Offshore wind market in Canada is in the early stages of development • Regulations are not fully established • Offshore Developments • Windstream Wolfe Island Shoals Inc. • Kingston, Ontario • FIT contract for 300 MW in April, 2010 • Other proposals are in the evaluation stage

  12. Major Component Suppliers in Canada Proposed / Under Construction

  13. Canadian Wind Market Immediate Supply Opportunities • Large component manufacturing • Towers and blades • Forgings and castings • Component machining • Nacelle covers and sub-components • Generators, gear boxes and transformers • Wind farm construction services • Engineering, procurement & construction • Logistics • Geotechnical and site services • Craning

  14. Canadian Wind Market Long term Opportunities • Transformers • Gears • Generators • Gear boxes • Castings for rotor hubs and main frames • Forgings for main shafts • Large bearings

  15. Canadian Wind Market Wind Farm Operation Phase • There is substantial opportunity when wind farms are in operation • Operations and maintenance (O&M) industry to service wind farms • Turbine maintenance • Gear box refurbishment • Spare parts • Minimum $ 1 billion market opportunity for operations and maintenance services

  16. Market Entry Strategy • Visit CanWEA.ca • Subscribe to WindLink • info@canwea.ca • CanWEA / CME Manufacturing Opportunities Report • Attend the CanWEA Annual Conference • November 1-3, 2010, Montreal, QC • Join CanWEA

  17. Thank You stephenrach@canwea.ca 613.219.7165

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