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Vattenfall- Renewable activities in UK22nd September 2010

Magnus Öhrman- Supply Chain Manager

Email: magnus.ohrman@vattenfall.com

Vattenfall in Brief

• Europe’s fifth largest generator of electricity and the largest producer of heat

• Operations in Sweden, Finland, Denmark, Germany, Poland,

the Netherlands, Belgium and the UK

• Electricity: generation, transmission, distribution and sales

• Heat: production, distribution and sales

• Gas: distribution and sales

• Energy trading, lignite mining, consulting and contracting activities in the energy sector

• 40,000 employees

• Vattenfall AB is 100% owned by the Swedish state

New vision and strategic direction

Vattenfall will create a strong and diversified European energy portfolio with sustainable and increased profits, significant growth options and will be among the leaders in developing environmentally sustainable energy production.

• Profit and value creation• Focus on core markets• Reduce CO2 exposure and grow in low

CO2 emitting energy production and gas• Three products – electricity, heat and gas

Wind Power - a growth cornerstone

Vattenfall Wind Power:Vattenfall invests in wind power as

one of the cornerstones for a

better climate and for a profitable

and sustainable development of

Vattenfall today and in the future.

• Vattenfall is one of the leading European on- and offshore wind developers and operators

• Vattenfall prioritize on the development, construction and ownership of wind projects

• Vattenfall takes responsibility for people and nature before, during and after construction

• We are committed to reach high acceptance in the communities hosting our wind farms

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Vattenfall Wind Assets 20

SwedenOnshore 130 MWOffshore 130 MWProduction 736 GWh

SwedenOnshore 130 MWOffshore 130 MWProduction 736 GWh

DenmarkOnshore 230 MWOffshore 96 MWProduction 1050 GWh

DenmarkOnshore 230 MWOffshore 96 MWProduction 1050 GWh

UKOnshore 49 MWOffshore 390 MWProduction 1300 GWh

UKOnshore 49 MWOffshore 390 MWProduction 1300 GWh

GermanyOnshore 12 MWOffshore 16 MWProduction 84 GWh

GermanyOnshore 12 MWOffshore 16 MWProduction 84 GWh

PolandOnshore 30 MWOffshore -Production 60 GWh

PolandOnshore 30 MWOffshore -Production 60 GWh

NetherlandsOnshore 165 MWOffshore 54 MWProduction 525 GWh

NetherlandsOnshore 165 MWOffshore 54 MWProduction 525 GWh

BelgiumOnshore 4,5 MWOffshore -Production 11 GWh

BelgiumOnshore 4,5 MWOffshore -Production 11 GWh

Onshore 620 MWOffshore 686 MWProduction 3,8 TWh

Onshore 620 MWOffshore 686 MWProduction 3,8 TWh

Vattenfall Offshore Wind Portfolio

Egmond aan Zee (108 MW)• In operation since 2007

Netherlands (108 MW)

Kentish Flats (90 MW)• In operation since 2005

• Extension under development

Thanet (300 MW)• In operation since 2010

Ormonde (150 MW)

• Commissioning 2011

UK Round 3 (up to 7.2 GW)

• Development

United Kingdom (> 7 GW)

Horns Rev I (160 MW)• In operation since 2002

Denmark (160 MW)

Lillgrund (110 MW)• In operation since 2007

Utgrunden (10 MW)• In operation since 2000

Yttre Stengrund (10 MW)• In operation since 2001

Sweden (130 MW)

Germany (~750 MW)

Alpha Ventus (60 MW)• In operation since 2010

DanTysk (288 MW)

• Construction 2012/13

Kentish Flats Wind Farm- in operation

Background and Data

• Commissioning of the entire wind farm was

completed by the end of August 2005.

• Largest wind farm in the UK, at the erection

time in 2005.

• Annual production corresponds to the

consumption of 100.000 households

Kentish flat - Key Data

235 GWh/year

90 MW (30x3.0MW)

Expected energy

generation

Rated power

Location – UK

Coast of Kent, England

Thanet Wind Farm- in operation

Background and Data

• Thanet offshore wind farm will be the largest

operational wind farm in the world when

commissioned.

• Officially opened in Sep 2010.

• Annual production corresponds to the

consumption of 240,000 average households

• Key suppliers

– Vestas V90: 100 x 3MW turbines

– Many contracts of different size

Thanet - Key Data

974 GWh/year

300 MW (100x3MW)

Expected energy

generation

Rated power

Location – UK

The Thanet

project is located approximately 12

km off Foreness

Point, the most

eastern part of

Kent.

Thanet

Ormonde – in construction

Project Background and Progress

• Project developed by Eclipse Energy UK Plc

(Acquired by Vattenfall in 2009)

• Annual production corresponds to the

consumption of 100,000 average households

• Works at site have begun.

• Commission of the entire farm is expected

end of 2011

• Key suppliers

– REpower Systems: 30 x 5MW turbines

– BiFab: Design and manufacture

foundations

– Areva: Electrical works

Ormonde - Key Data

508GWh/year

150MW (30x5MW)

Expected energy

generation

Rated power

Ormonde – UK

The Ormonde

project is located offshore Barrow

Irish Sea

Ormonde

UK- Round 3

Zone Winners1.Moray firth EDP &

SeaEnergy

2.Firth of Forth

Airticity(SSE) & Flour3.Dogger

BankForewind

4.Hornsea Mainstream & Siemens

5.Norfolk SPR & VV

6.Hastings Eon

7.Isle of Wight

Eneco

8. Bristol Channel

RWE Npower

9. Irish Sea Centrica

The JV- East Anglia Offshore Wind Limited

• East Anglia Offshore Wind (EAOW) is a 50/50 joint venture between

ScottishPower Renewables (SPR) and Vattenfall Wind Power Ltd. Created

for the development of Zone 5 of the Crown Estate's Round 3 process.

• ScottishPower Renewables is part of Iberdrola Renovables, the world's

largest renewable developer which has over 12,000MW of operational

windfarms.

• Vattenfall Renewables is part of Vattenfall AB and currently operates over

1000MW of offshore wind capacity around Europe and has a pipeline of

2,700MW of offshore wind capacity at various stages of development.

• EAOW - Strong partnership, committed to UK Offshore, long-term approach,

technical and commercial ability to deliver.

– Approximately 6,000 km2

– Shallowest of the Round 3 zones, 97% < 45m

– Grid connection secured for the whole zone

– 7,200 MW target capacity=> 8-10 years of continuous build=> 1200 to 1800 Wind turbines and Foundations=> Multiple new installation vessels=> ‘000s of km of array and export cabling=> Multiple AC and DC substations and onshore facilities=>Thousands of people working in construction and operation=>Investment of > £20bn

The “Norfolk Zone”- a business opportunity

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EAOW will establish a supply chain that:

• makes Health and Safety improvement its absolute priority

• is secured and can deliver what we want, when we want it

• allows manufacturers to plan for the long term

• utilises manufacturing knowhow at every stage

• facilitates more efficient installation and operation

• delivers reliable plant that can be efficiently and safely maintained

• allocates risk appropriately

• continuously incentivised

=> delivers lowest Cost of Energy (CoE)

EAOW Objectives

Programme of Works

Thank you for your attention!