transformer market and copper conductors
TRANSCRIPT
IWCC Joint Meeting 2008, ViennaPage 1
IWCC Joint Meeting 2008, ViennaPage 2
PresentationPresentation
Transformer Market Transformer Market
& &
Copper ConductorsCopper Conductors
IWCC Joint Meeting 2008, ViennaPage 3
AgendaAgenda
� Global Economies – Key indicators
� Market drivers for Transmission
investments
� Projected growth of Transformer and
Generators leading to higher
consumption of Copper
� Usage of Copper Conductors in
Transformers and Generators
IWCC Joint Meeting 2008, ViennaPage 4
Copper Products in TransformersCopper Products in Transformers
CTC
Glass Yarn PICC
IWCC Joint Meeting 2008, ViennaPage 5
Copper Products in TransformersCopper Products in Transformers
CTC for several applicationsLV, HV Windings
Netting Tape CTC for LV windings of GSU Transformers
Cooling Duct CTC for Industrial Transformers
CTC for Traction Transformers
IWCC Joint Meeting 2008, ViennaPage 6
Copper Products in TransformersCopper Products in Transformers
Transformer WindingsTransformer Windings
IWCC Joint Meeting 2008, ViennaPage 7
Copper Products in TransformersCopper Products in Transformers
Transformers with ASTA InsideTransformers with ASTA Inside
IWCC Joint Meeting 2008, ViennaPage 8
Copper Products in Power Copper Products in Power
Generation EquipmentGeneration Equipment
Roebel bar for Power Generators
IWCC Joint Meeting 2008, ViennaPage 9
Copper Products in Power Copper Products in Power
Generation EquipmentGeneration Equipment
Generators with ASTA Inside (China 3 Gorges Project)Generators with ASTA Inside (China 3 Gorges Project)
IWCC Joint Meeting 2008, ViennaPage 10
AgendaAgenda
� Global Economies – Key indicators
� Market drivers for Transmission
investments
� Projected growth of Transformer and
Generators leading to higher
consumption of Copper
� Usage of Copper Conductors in
Transformers and Generators
IWCC Joint Meeting 2008, ViennaPage 11
TRENDS & MARKET DRIVERSTRENDS & MARKET DRIVERS
�� Demographic change, Demographic change,
population growth and population growth and
urbanizationurbanization
�� Environmental awarenessEnvironmental awareness
�� Fuel diversificationFuel diversification
�� Capacity additionCapacity addition
�� Replacement in mature Replacement in mature
marketsmarkets
�� Distributed Generation Distributed Generation
(Smart Grids)(Smart Grids)
Energy Sector Market GrowthEnergy Sector Market Growth
186
58
260
70
2007 2010 (Est)
Energy Market Bn Euro
11% pa
IWCC Joint Meeting 2008, ViennaPage 12
Global Economy Global Economy –– Key IndicatorsKey Indicators
0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0
Japan
Asia
Taiwan
Kore a
NIEs
Singapore
Hong Kong
Philippine s
Thailand
Ase an
M alaysia
Indone sia
Asia (e x Japan)
India
Vie tnam
China
%2005
Regional Economic Overview: GDP GrowthSource: Focus Economics
IWCC Joint Meeting 2008, ViennaPage 13
Mega trends
Population Growth
UrbanizationIncreased Living Standards
Ageing InfrastructureRegionally New Demand
Fossil Fuel ScarcityPrimary Energy Cost Increase
Environmental Protection
Growing Electricity DemandReplacement & Renewal DemandHigher Energy & Material EfficiencyUrban & Environmental Suitability
Volume Increase
Innovation
Mega Trends in the MarketMega Trends in the Market
IWCC Joint Meeting 2008, ViennaPage 14
�� Highest level of investment in Electricity Highest level of investment in Electricity
infrastructure in next decade infrastructure in next decade –– 11 TUSD in 11 TUSD in
next 25 yrs.next 25 yrs.
�� Investments in Power Transmission and Investments in Power Transmission and
Generation should gain prominence in next Generation should gain prominence in next
decade.decade.
�� Investment in Power is going to be spent Investment in Power is going to be spent
on maintenance and replacement of on maintenance and replacement of
existing capacity in Developed world and existing capacity in Developed world and
addition of new facilities in Developing addition of new facilities in Developing
world.world.
Investments In Energy Infrastructure (2005Investments In Energy Infrastructure (2005--2030)2030)
IWCC Joint Meeting 2008, ViennaPage 15
World Generation Capacity 2003World Generation Capacity 2003--’’3030
Gigawatts
Source: OECD
History
2007 2010 2015 2020 2025 2030
N America 1130 1200 1220 1280 1370 1483 1.1%
Europe &
Eurasia1978 1304 1353 1426 1488 1553 1.1%
Asia &
Oceania1177 1487 1696 1897 2112 2369 3.1%
Middle
East175 237 251 261 269 276 3.0%
Africa 127 156 170 181 194 210 2.5%
C & S
America223 271 319 369 417 460 3.1%
Total
World4810 4655 5009 5414 5850 6351 2.0%
ProjectionsRegion /
Country
CAGR
(%)
IWCC Joint Meeting 2008, ViennaPage 16
World Electricity Generation (Projection) World Electricity Generation (Projection)
Source: OECD
0
1000
2000
3000
4000
5000
6000
7000
2000 2010 2015 2020 2025 2030
Oil
Nuclear
Renewable
Natural Gas
Coal
(Gigawatts)
IWCC Joint Meeting 2008, ViennaPage 17
Annual Growth In Electricity GenerationAnnual Growth In Electricity Generation
2.9
3.52.9
3.8
3.9
4.4
2.31.4
0.81.5
0 1 2 3 4 5
C & S America
Africa
Middle East
Other Asia
India
China
Europe / Eurasia
Asia
Europe
N America
Source: EIA
AVERAGE ANNUAL PERCENTAGE CHANGE (2000 – 2030)
IWCC Joint Meeting 2008, ViennaPage 18
World Net Electricity Consumption (World Net Electricity Consumption (ProjProj))
Source: OECD
1904521699
24371
2713330116
0
5000
10000
15000
20000
25000
30000
35000
2010 2015 2020 2025 2030
(Billion KWH)
IWCC Joint Meeting 2008, ViennaPage 19
AgendaAgenda
� Global Economies – Key indicators
� Market drivers for Transmission
investments
� Projected growth of Transformer and
Generators leading to higher
consumption of Copper
� Usage of Copper Conductors in
Transformers and Generators
IWCC Joint Meeting 2008, ViennaPage 20
Market Drivers for Transmission Market Drivers for Transmission
Investments Investments –– NA & EUNA & EU
�Rising Electricity Demand (1.5% annually from
2000-2030)
�Inadequate Cross-Border Transmission Capacity
�Desire for Greater Market Integration
�Eastward Expansion to Accession Countries
�Need to facilitate Integration of Renewable
Sources
�Replacement Markets
IWCC Joint Meeting 2008, ViennaPage 21
Market Drivers for Transmission Market Drivers for Transmission
Investments Investments -- BrazilBrazil
�Mixed Progress on Electricity Reform
�Distribution Mostly Privatized in 2002
�Looming Shortages due to Lack of
Investments
�Lula’s “New Model” to Increase Capacity
�3,500 MW Build Out Needed Annually
�Up to $6B/year Investment Expected
�Priority Placed on Biomass Cogeneration
�Up to 2,000 MW to Contracted in 6 months
�Urgent Transmission Build Out Needed
IWCC Joint Meeting 2008, ViennaPage 22
�Infrastructure neglected for more than 40 Years
�Government to Invest $7B/year for Transmission
�Wholesale Electricity Sector to open fully in 2011
�New Laws require Private Capital to meet
growing Thermal Sector needs
�Siberian Hydro-capacity Expansion
�New Transmission from Distant Suppliers
Required
Market Drivers for Transmission Market Drivers for Transmission
Investments Investments -- RussiaRussia
IWCC Joint Meeting 2008, ViennaPage 23
Market Drivers for Transmission Market Drivers for Transmission
Investments Investments -- IndiaIndia
�Electricity Act 2003
�Power Sector Reform : Improvement in
operational efficiencies by Utilities
�Target for “power for all” by 2012
�Frost & Sullivan: Revenues - $5.3 BINR in 2012.
�Reforms and enlargement of the power distribution
network under India’s APDRP is driving the growth
and strengthening of sub-transmission lines.
� Increase in transmission grid reliability and Voltage
levels will result in heightened demand for power
transformers.
IWCC Joint Meeting 2008, ViennaPage 24
Market Drivers for Transmission Market Drivers for Transmission
Investments Investments -- ChinaChina
Growing Demand for Electricity in China to Boost
Power and Distribution Transformer Markets
� Exceeding the global growth rate of 3.0 percent, the
installed power generation capacity of China is
growing at an annual rate of 8.0 %.
� The sudden boost in demand for power generation
in turn increases the need for transformers.
� Also, China’s accession to the World Trade
Organization (WTO) and the exceptional
performance of the manufacturing sector has
fuelled the increase in the consumption of power by
both urban and rural sectors.
IWCC Joint Meeting 2008, ViennaPage 25
AgendaAgenda
� Global Economies – Key indicators
� Market drivers for Transmission
investments
� Projected growth of Transformer and
Generators leading to higher
consumption of Copper
� Usage of Copper Conductors in
Transformers and Generators
IWCC Joint Meeting 2008, ViennaPage 26
Energy Distribution NetworkEnergy Distribution Network
FACTS
TransformerMonitoringSystem forall voltagelevels
GeneratorXm
SysteminterconnectingXm
Shuntreactor
Oil-immerseddistribution Xm
GEAFOLcast-resin Xm
TractionXm
HVDC
Systemtransformer
ConverterXm
FurnaceXm
Voltageregulator
TransformerLifeManagementProgram
IWCC Joint Meeting 2008, ViennaPage 27
World Current Market Potential for World Current Market Potential for
TransformersTransformers
RegionLatent Demand,
US $ M % of Globe
Asia $7.901 32.04%
Europe $6.236 25.29%
North America & the Caribbean $6.232 25.27%
Latin America $2.011 8.15%
Middle East $1.004 4.07%
Africa $0.968 3.93%
Oceania $0.310 1.26%
Total $24.662 100.00%
(US $ M)
IWCC Joint Meeting 2008, ViennaPage 28
WORLD MARKET FOR TRANSFORMERS
33%
25%
25%
8%
4% 4% 1%
Asia
Europe
North America &the CaribbeanLatin America
Middle East
Africa
Oceania
World Current Market Potential for World Current Market Potential for
TransformersTransformers
IWCC Joint Meeting 2008, ViennaPage 29
Power Transformer Market (MVA)Power Transformer Market (MVA)
8.7%718906925661056586455117850833Africa
Region 2005 2006 2007 2008 2009 2010 CAGR
Western Europe 224925 251975 253517 256408 252358 253525 2.01%
Eastern Europe 33180 42230 44270 44230 47280 43060 4.44%
Former USSR 60150 71630 83100 99540 102580 121930 12.50%
Middle East 58430 87200 109660 106780 116570 122090 13.07%
South Asia 45910 85800 66170 107240 124670 113790 16.33%
Far East 644450 707190 684030 684910 686450 696630 1.31%
South America 47230 52980 57910 61980 67650 69000 6.52%
C America&Carr. 6460 8250 14290 12990 15250 14880 14.92%
North America 303517 334458 369267 374633 409300 418650 5.51%
Oceania 11270 12480 13050 10690 11170 11310 0.06%
TOTAL 1,486,355 1,705,371 1,753,908 1,820,457 1,902,534 1,936,754 4.51%
Source : Golden Reports
IWCC Joint Meeting 2008, ViennaPage 30
AgendaAgenda
� Global Economies – Key indicators
� Market drivers for Transmission
investments
� Projected growth of Transformer and
Generators leading to higher
consumption of Copper
� Usage of Copper Conductors in
Transformers and Generators
IWCC Joint Meeting 2008, ViennaPage 31
Copper Consumption in TransformersCopper Consumption in Transformers
ProductEstimated Demand
2008 [MT]
CTC + PICC + Enamel +
Paper*312,000
Transformers (Traction &
Cast Rasin) Flat7,000
Round Wires (Paper +
Enamel)350,000
Copper Foils 200,000
TOTAL 869,000
IWCC Joint Meeting 2008, ViennaPage 32
Major Power Transformer OEMsMajor Power Transformer OEMs
Major ones considered
IWCC Joint Meeting 2008, ViennaPage 33
MetrodMetrod’’s Global Presences Global Presence
Austria
MalaysiaIndia
ChinaUSA
IWCC Joint Meeting 2008, ViennaPage 34
Metrod Flat Products, MALAYSIAMetrod Flat Products, MALAYSIA
� New 100% owned subsidiary -Metrod Flat Products Sdn. Bhd.
formed in 2007 to focus on strip business
� The new company has started its operation in April 2007.
IWCC Joint Meeting 2008, ViennaPage 35
ASTA AUSTRIAASTA AUSTRIA
� Located at Oed, outskirt of Vienna in Austria.� One of the world’s largest manufacturers of CTCs for transformer
industry and Roebel bar for generator industry.� Pioneering work in the field of development of CTC technology� Annual capacity of 21000 Mt out of which 14300 MT is for CTC � 100% subsidiary of Metrod Malaysia � 1814 Foundation “Metallfabrik OED” (Matthäus von Rosthorn)
IWCC Joint Meeting 2008, ViennaPage 36
ASTA CHINAASTA CHINA
� Located 400 Km north-west of Shanghai
� Manufacturer of Continuously Transposed Conductors for transformer industry.
� Annual capacity is being upgraded to 7000 Mt.
� 100% subsidiary of Metrod Malaysia
IWCC Joint Meeting 2008, ViennaPage 37
ASTA USAASTA USA
� Located at Waynesboro, State of Georgia, USA.
� Manufacturer of Continuously transposed conductors for transformer industry.
� Annual capacity is being created for 4500 Mt.
� 100% subsidiary of Metrod Malaysia.
� Production to start from Q1 2009.
IWCC Joint Meeting 2008, ViennaPage 38
ASTA INDIAASTA INDIA
�Located at Savli, Vadodara, India.
�Green field project.
�Manufacturer of Continuously Transposed
Conductors for transformer industry.
�Annual capacity is being created for 4500 Mt.
�100% subsidiary of Metrod Malaysia.
�Construction of building started.
�Production to start from Q1 2009.
IWCC Joint Meeting 2008, ViennaPage 39
Thank you