CORPORATE
PRESENTATION
B B V A 1 3 t h A n n u a l C o n f e r e n c e J u n e 2 0 2 4
ABOUT US
COLBUN AT A GLANCE
INSTALLED CAPACITY (%)
53% | 41% | 6% |
Thermoelectric | Hydroelectric | Solar |
MARKET SHARE1
3.2 | 746 | 53 |
TWh | ||
Generated | Suppliers | Clients |
34% 30%
6% 15%
15%
Enel | Kallpa | ||
19% | Enel | ||
35% | |||
Engie | |||
Aes Andes | |||
16% Electroperú | |||
Engie | |||
Others | 5% | 15% | |
10% | Others | ||
Energy |
OWNERSHIP (%)
50% | 17% | 23% | 10% |
Matte | Pension | Free | Angelini |
Group | Funds | Float | Group |
Note: Figures as of Mar24 LTM.
1 Note: In terms of generation.
12.8 | 3.335 | 348 | 96 |
TWh | |||
Generated | Suppliers | Clients | Clients with |
Energy | Energy Solutions |
For information about Colbun's Boards of Directors go to Annexes slide 17. | 2 |
OUR 2030 STRATEGY
OUR VALUES
Lead
responsibly
Act consistently
Leave a positive footprint
Integrative
purpose
Care about people
Work with
passion
Shareholders, Environment, Customers, Workers, Communities, Suppliers
WE ADD
VALUE TO:
Core business | Expand our limits | New businesses | |||||
Asset | 24/7 Renewable | Customers | Energy Solutions Growth and | Water | Green Hydrogen | ||
Optimization | Energy | + Enabling | International | ||||
in the energy | Transmission | Diversification | |||||
STRATEGIC | |||||||
transition | |||||||
PILLARS | |||||||
•Efficiency and | •Growth | •Customer | •Loyalty and | •Chile, Peru+ | •Desalination, | •Domestic market | |
Flexibility | centric | complement to | Other countries | conduction and | and export | ||
•Large, medium | the value | •Proactive | industrial | ||||
and small | proposition | approach | treatment | ||||
APPROCHES | customers |
Commercial excellence | Personnel | Excellence in | New markets | Financing structure that | |
HOW TO | Control And Data Acquisition | ||||
and differentiating | developmentSupervisoryregulatoryControlmanagementAnd Data Acquisitioncapabilities | maximizes value creation | |||
DO IT? | delivery model | development | and minimizes risks |
Long-term Sustainable Business Development (ESG)
Innovation
For information about Colbun's Asset Optimization go to Annexes slide 18.
For information about Colbun's Expand our limits pilar go to Annexes slide 19. For information about Colbun's New business pilar go to Annexes slide 20.
For information about Colbun's Sustainable develop go to Annexes slide 21. | 3 |
MARKET CONDITIONS
UPDATE
INSTALLED CAPACITY | LTM GENERATION | DEMAND GROWTH | |
GW | GWh | 12 months average % |
USMARGINAL$/MWh COST
MARGINAL COST
US$/MWh
4%
20%
12% | 84,441 | |
GWh | ||
SEN | ||
35 GW | ||
+ 5.4% y/y | 16% |
31% Hydro
Coal
Gas and LNG
Diesel
Wind
Solar
17% | Others |
8%
6%
4%
2% | 1.3% |
0% |
2023 | 2024 |
260
210
160
110
60
10
Alto Jahuel
Cardones
Puerto Montt
63
52
49
20232024
11% |
8%
6%
4%
3.6%
260
210
160
110
Santa Rosa
SEIN | 48,913 |
14 GW | GWh |
45% |
+ 2.2% y/y
Hydro
LNG
Others
44%
2%
0%
20232024
60
10
31
20232024
Note: All figures as of Mar24.
For more information regarding the pipeline of projects in Chile and Peru go to Annexes slide 20 and 21. For more information about fossil fuel prices go to Annexes slide 22.
For more information of the System's decoupling go to Annexes slide 23.
For more information of the Market's regulations go to Annexes slide 24.
4
MARKET CONDITIONS
HYDROLOGICAL CONDITIONS IN CHILE
ACCUMULATED RAINFALLS (mm)
COLBUN RESERVOIR LEVEL (m.a.s.l)
437
Aconcagua
Maule
Laja
Bío Bío
Chapo
Apr-MayApr-May
2023 Av.Year
+34mm +92mm
+56% <+100%
-29mm +44mm
-7% +13%
+60mm +79mm
+17% +24%
+89mm +159mm
+17% +36%
-54mm +197mm
-7% +39%
419 | 2023 |
2024 | |
410 | Max |
397 | Min |
HYDROELECTRIC GENERATION (TWh)
4 | SEN 2023 | SEN 2024 | |||
3.5 | Colbun 2023 | Colbun 2024 | |||
3 | |||||
2.5 | |||||
2 | |||||
1.5 | |||||
1 | |||||
0.5 | |||||
0 | |||||
Jan | Febr | Mar | Apr | May | |
TOTAL (TWh) | Jan-MayJan-May Var (%) | ||||
2023 | 2024 | ||||
SEN | 6.2 | 9.2 | 48% |
.
Note: All figures as of May24.
For more details about Colbun´s hydrological conditions go to Annexes slide 25.
COLBUN | 1.6 | 2.5 | 56% |
5
COMMERCIAL STRATEGY
ENHACING OUR CORE BUSINESS
COLBUN'S PPAS BACKED BY
GENERATION (TWh) 2
1 | LNG (ADP) 1 - firm |
supply contract |
For up to 1 combined cycle | 11.6 | 11.9 | 11.4 | Gas | |||||
until Jul24 | 10.9 | ||||||||
10.3 | |||||||||
9.8 | Coal | ||||||||
FLEXIBLE GAS | 2 | Argentine NG - firm | Wind | ||||||
CONTRACTS | supply contracts | Solar | |||||||
For up to 1 combined cycle | Hydro | ||||||||
until Dec24 | |||||||||
Regulated PPA | |||||||||
3 | Unregulated PPA | ||||||||
Gas purchases in the spot | |||||||||
market | 2019 | 2020 | 2021 | 2022 | 2023 1Q24 LTM | ||||
In case of dry conditions |
1 Note: Annual Delivery Program (ADP).
2 Note: Considers energy purchases from third parties.
6
COMMERCIAL STRATEGY
ENHACING OUR CORE BUSINESS
1. PPAs PROFILE1
TWh
15 | ||||||
12 | ||||||
9 | ||||||
6 | ||||||
3 | ||||||
0 | ||||||
2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
Mining | Forestry | Others | Regulated | |||
2. RENEWABLE CERTIFICATES EVOLUTION | 3. ENERGY SERVICES |
8
YEARS
Average life
690
GWh
85
GWh 46
12
1,391
972 GWh GWh
79
62
7,772 | Real Estate's Energy Efficiency Advisory & Certification | |
4,490 | GWh | |
GWh | Energy Management Systems | |
107 | Energy Monitoring & Controlling Services | |
92 | ||
Utility Bill Management
N° of Clients
Distributed PV Energy
Real State Electrification
x47
x19
x12
x10
x2
x1
2018 2019 2020 2021 2022 2023
Note: All figures as of Mar24. | Electromobility |
1 Note: Industries participatin in terms of physical sales (GWh/year).
x1
7
COMMERCIAL STRATEGY
NEW CONTRACTS SIGNED
NEW ENERGY / CAPACITY 2023 - 2024
2024-2025: 230 GWh per year
2026-2035: 650 GWh per year
Chile
3.5
TWh
2024-2035: 280 GWh per year
New energy
2025-2040: 912 GWh per year1.
Peru
per year
363 MW
2026-2040: 1,100 GWh per year
2024-2034: 114 MW per year
New capacity
per year
1 Note: Associated to Centinela Project.
Note: As of Mar24. | 8 |
OUR PIPELINE OF PROJECTS
GROWTH IN RENEWABLE INSTALLED CAPACITY
PROGRESS | 820 MW | 1,813 MW1+ 550kv |
Preliminary | Feasibility | |
STAGE | studies |
NAYLAMP
238 MW
BAYÓVAR 660 MW
816 MW | 3,189 MW | ||||
Construction | Environmentally | ||||
approved | |||||
HORIZONTE | |||||
816 MW + 180 MW | PROGRESS | ||||
INTI PACHA | STAGE | 898 MW | 938 MW | ||
1, 2 & 3 | Preliminary | Feasibility | |||
studies | |||||
TRES QUEBRADAS | 925 MW PV + | ||||
238 MW | 400 MW STORAGE | ||||
CELDA SOLAR | DIEGO DE ALMAGRO | JUNQUILLOS | |||
422 MW PV + 240 MW | 200 MW STORAGE | ||||
473 MW | |||||
STORAGE | |||||
100 MW |
ALGARROBAL | JARDÍN | PAPOSO | |||
800 MW | |||||
400 MW PV | |||||
SOLAR | 220 | 220 MW PV | 260 | ||
802 MW PV | MW | CUATRO VIENTOS | |||
+ 120 MW | MW | ||||
360 MW | |||||
+ 200 MW | STORAGE | ||||
STORAGE | |||||
PAMPA | |||||
300 MW |
2.4 GW 2.4 GW | 1.9 GW |
1.3 GW 0.3 GW
1 Note: Considers Llullaillaco S/S.
Note: Figures considers maximum installed capacity for each project as of Jun24. | 9 |
For more information regarding Colbun´s pipeline of projects go to Annexes slide 30 and 35. |
OUR PIPELINE OF PROJECTS
HORIZONTE WIND FARM
1Q24 | 80% total progress | |||||
816 MW | ||||||
68 turbines | ||||||
2Q24 | Out of 140 | Total installed | ||||
each with 5.83 | capacity | |||||
Estimated first | MW of |
installed | |
energizing | |
capacity | |
CAPEX (US$ million) | |||||
668 | |||||
405 | |||||
1Q25 | 192 | ||||
41 | |||||
Estimated | 30 | ||||
commissioning | |||||
2021 | 2022 | 2023 | 1Q24 | Total |
Note: All figures as of Mar24. | 10 |
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Disclaimer
Colbún SA published this content on 25 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 June 2024 15:12:56 UTC.