V94.

2 USERS MEETING

Ansaldo Energia Company Presentation

Fleet Overview Update
Finding 2009
V94.2K2- making waste gas a business opportunity
Meeting severe emission requirements- VeloNox
Exhaust Bearing Casing
Diesel Oil Premix Operation
Power augmentation
Ansaldo perspective on IGCC
Oil system management
Q&A Session

ANSALDO ENERGIA
Company Presentation

Contents

Finmeccanica
Ansaldo Energia Company Profile
Business Lines
- Power Plants
- Main Components
- Service
Controlled Companies
Quality
Reference

FINMECCANICA

Finmeccanica Business Structure

AERONAUTICS
-Alenia Aeronautica
-Officine Aeronavali
-ATR Integrated
-Aermacchi

SPACE
-Alenia Spazio
-Telespazio

HELICOPTERS

DEFENCE SYSTEM
-MBDA
-Oto Melara
-WASS

DEFENCE ELECTRONICS
-Selex Communications
-Selex Sistemi integrati
-Selex Sensor and Airborne
System
-ELSAG
-Ote

-Agusta Westland

ENERGY

TRANSPORTATION

-Ansaldo Energia
Ansaldo Nucleare
TTS
ESG

-Ansaldo STS
-AnsaldoBreda

The Companies are coordinated by Finmeccanica S.p.a., the Holding Company

that provides industrial and strategic control

Finmeccanica Consolidated Highlights

ORDERS

REVENUES (Euro Millions)

(Euro Millions)
17.916 17.575

15.383

EMPLOYEES (Units)

15.037

15.725

73.398

13.429
12.472

56.603 58.059

10.952

2005

2006

2007

NET PROFIT

2008

2005

2006

(Euro Millions)

E.B.I.T.*

2007

(Euro Millions)

1.020

2005

2008

2006

60.748

2007

2008

R&D EXPENSES (Euro Millions)

1.742

1.783

2005

2006

1.836

1.809

2007

2008

1.210
1.084
878

548

2005

621

735

2008

2005

521

2006

2007

2006

2007

2008

( * ) E.B.I.T. = Earning Before Interests & Taxes

ANSALDO ENERGIA

Company Profile
Ansaldo Energia, a Finmeccanica Company, is a distinguished
player in the energy industry, providing reliable and flexible
solutions across a complete and innovative product portfolio:

Equipment & Plant Design

Engineering
Manufacturing
Contracting
Service
in the Power Generation field

Ansaldo Energia Highlights

1.333

(Euro Millions)

1.049
978

Revenues
764
730

122

93

65

39

19

EBIT adj

32 M
R&D exp.

04

05

06

07

08

Milestones
1853

Gio. Ansaldo & Co. was established manufacturing the first locomotive

1923

First Power Plant

1949

GE License for Steam Turbines and Generators

1962

First supercritical 600MW Power Plant

1980

Beginning of strong overseas commitment

1989

ABB Licensee for Steam Turbines and Generators

1991

Ansaldo refocused business model on energy sector:

Ansaldo Energia was established

1991

Siemens License for Gas Turbines

Acquisition of Franco Tosi, since 40 years manufacturing Steam Turbines
based on Westinghouse technology

1995

First Combined Cycle based on Ansaldo Energia GT

2004

New Global Service Strategy

2005

Total technological independence

2006/7

Acquisition of Thomassen Turbine Systems and ESG: OSP Concept launch

Headquarters facilities and shop

Three Large Areas

800 Machinery,
115 Controlled Remotely

Campi 1
Large Machines
Manufacturing (ST, GT
and Turbogenerators),
Warehouse

Campi 2
Static Parts,
Construction, Mounting

Fegino
Blades Manufacturing,
Mechanical Works,
Manufacturing of Tool
Parts

Headquarters facilities and shop

Offices
Offices & Factory

Ansaldo Energia and subsidiaries

ORDERS (Euro Millions )

REVENUES (Euro Millions )

1049

1800

978
730

937

2004

1032

2005

2007

2004

2008

2008 ORDER SHARE

Power
Generation
67%

1333

2054

1050

2006

764

2005

2006

2007

2008

EMPLOYEES ( Units )
2980

Service
31%

2856
2588

2529
3285

Nuclear
2%
2004

2005

2006

2007

2008

Business Lines

Power Plants

Main
Components

Service
OEM e OSP

and through its controlled companies also

Nuclear

POWER PLANTS

Power Plants & Components

Ansaldo Energia Orders 2004-2008
(Euro Millions)

1300

498

2004

596

562

2005

2006

2007

1369

2008

Focus Business on Customer while growing Business to exceed Market Growth.

Grow New Units Bookings through Targeted Market Approach.

Power Plants & Components

Market Constraints and Ansaldo Energia Approach

Market Key
Drivers

Ansaldo Energia
Market
Challenges

Availability of
Equipment/Materials
Availability of EPC
Contractors
Fast Track
Contracts

Availability and ever

increasing Material Costs
Equipment Production
capacity vs. demand
Lack of EPC contractors
Availability of Fuels

Performance /
Operational
Flexibility
Project Execution
Price
Competitivity

Price Variability/Validity
Conventional Project
Financing Challenging
Environmental Impact /
Policies
World Economy Growth
Impact

Focused Approach
Key Clients / Partners
Target Countries and Areas
Gas Turbines models
Steam Turbines models to match
GTs
Proven Technology
SC and CC Projects selectively
on EPC basis in Target Areas
Low BTU fuels
Customer Support
Flexible Approach

Gas Turbine based Power Plants

Combined Cycle Power Plants
- Module Power output up to
800 MW/cycle
- High efficiency (~58%)
- Low air emission rates

Open Cycle Power Plants

-

Power output up to
280 MW/cycle

Steam Turbine based Power Plants

Steam Power Plants
- Power Output up to 700 MW/Unit
- Oil, Gas, Coal or Multifuel fired
- State-of-the-art Ultrasupercritical
Power Plants

Other Power Plants

- Cogeneration Power Plants
- Incineration Power Plants

Geothermal Power Plants

Components for Hydro Power Plants

Hydrogenerators

MAIN COMPONENTS

Gas Turbines

Product Line
Model

Rating
[MW)]

V64.3A

75

V94.2
V94.2K

166
170

References as of December 2008

285

Model Units(op.)
V64.3
15(15)
V64.3A
21(4)
V94.2
80(71)
V94.3A
39(27)

MW
EOH
930 1,020,000
1,430
170,000
12,862 2,710,000
10,742
550,000

> 98%
> 97%

Total

25,964 4,450,000

V94.3A

Reliability
Availability

155(117)

Steam Turbines
Type and
Application

Series

References as of December 2008

Application

Power output [MW]

Units

MW

Fossil fueled power

plants

347

66,900

Combined cycles

104

8,012

Cogeneration power
plants

607

5,825

Geothermal power plants

130

2,118

12

6,180

1,200

89,035

32

6,876

Nuclear
New Units Total
Retrofits

Turbogenerators

Product Line
Type

Rating [MVA]

Air cooled

Up to 350

Hydrogen
cooled

Up to 600

H2/Water
cooled

400 - 900
References as of December 2008
Type
Air cooled
Hydrogen cooled
H2/Water cooled
Total

Units
483
157
62

MVA
51,000
24,000
31,000

712 106,000

Hydrogenerators
Product Line
Type
Low Speed
Medium
Speed
High Speed

Speed
[rpm]
<150

Rating
[MVA)]
600

150-300

500

>300

400

Bulb Type
Motor-Generators

30
400

References as of December 2008

Generators
Range [MVA]
>100
50-100
<50
Motor-Generators
Range (MVA)
>100
50-100
<50
Total

Units
62
47
383

MVA
11,945
3,405
6,216

Units
23
10
4
529

MVA
4,000
770
170
26,506

SERVICE

A Fast Growing Path

(Euro Millions)

R*4
G
A
C

1%

641
455

374

Generators

Steam Turbines
-

464

392

115

03

04

05

06

07

08

Ansaldo, ABB, GE,

Westinghouse,
Alstom

Gas Turbines
-

Ansaldo, ABB, GE,

Ganz

Siemens V-Tech, GE
Frames

More to come soon

-

Alstom GTs

Through Service Evolution from Traditional Services (Repairs, Parts,

Field Services) to an Integrated Partner (LTSA/Long Term Service
Agreement, Solutions, 3rd Party)
* Compound Annual Growth Rate

Services
on Ansaldo Energia Technologies

Portfolio

Repairs
Spare Parts
Field Service
Solutions
Long Term Service Agreements
(LTSA)
Training

Repairs - Spare Parts

Repairs

Spare Parts

Full efficiency recovery

Swift, cost-effective interventions
Cost optimisation
High productivity preservation
State-of-the-art technologies
Quality control
26 GT planned and
unplanned
maintenance
activities in 2008,
with more than
5.000 GT Blades
and Vanes repaired
in 2008

Database with ~300 catalogues

Vast equipment/technology fleet,
both OEM and third-party
e-Catalogue
Spare Parts stock container
Inventory Management
Demand Planning Optimization
~ 41,000 Spare Parts
orders in 2008 for
15000 different material
codes
~ 11,000 new GT blades
and vanes delivered in
2008

Field Service

Site Surveys
Residual Life Evaluation
Outages scheduling
Fact Finders
Field Maintenance
Overhauls
Spare Parts needs assessment
Local repair and refurbishment
C.M.M.S.
Field tool rentals
Containerised workshops

Some 550 000 man

hours in Field Service
assignments in 2008