Decommissioning in 2019
|
|
- Violet King
- 5 years ago
- Views:
Transcription
1 The statements may be used as a basis for quotes. Mühleberg Nuclear Power Plant Decommissioning in 2019 Address by Suzanne Thoma, CEO of BKW Inc., to the Media Conference on 30 October 2013 Ladies and Gentlemen, Today the Board of Directors has made an important decision at the request of the Executive Board. It is a business decision, not a political decision. And it was made because we view the economic opportunities and economic risks of long-term operation as unviable. As our Chairman Urs Gasche has already mentioned, the question of when low electricity prices will rally played an important role in this decision. For a facility such as Mühleberg nuclear power station that in any case is in the last third of its operating life, the question of when electricity prices will recover is of particular relevance. I'd like to kick off by explaining the importance of this decision in the wider BKW context: - Within the balance sheet total of ca. CHF 8 billion, the KKM currently has an asset value of only around CHF 400 million: in other words, 5 percent - In the next few months our Wilhelmshaven power plant will be connected to the grid albeit the German grid. Our share delivers 2/3 of the capacity of Mühleberg - BKW's role as the third-largest electricity supplier remains intact. Even after 2019 BKW will supply its basic-provision customers and its electrical utility partners with home-grown Swiss electricity. If one includes our foreign capacities, BKW still commands a pronounced long position and an interesting position in electricity trading. - Today BKW already has 400 MW of wind power capacities in Germany, Italy and Switzerland. Part of our corporate strategy is to further expand these capacities as and when appropriate. BKW is the largest Swiss investor in, and operator of, wind power. - BKW operates Switzerland's largest distribution network with a total length of around 20,000 kilometers. - The drive to develop innovations, new services and business models is making good progress. According to our plans, these will at least be able to make up the shortfall in revenues when the KKM comes to the end of its operating life. - Even now, 1,200 employees work for BKW's service business.
2 2 The decision was difficult and involved lengthy deliberations. The KKM is an important part of what makes BKW the company it is. It makes an important contribution to electricity supplies in the canton of Bern. It is a byword for first-class technical competence and reliability. It represents a safety culture that can is stand comparison to any in Switzerland and abroad. Throughout the years the KKM has been a substantial source of revenue for BKW, helping to generate funds that enabled the company to develop, not least in terms of its expansion of renewable energies. The decision was also difficult because by 2019 the resultant shortfall of 3 TWh of electricity cannot immediately be offset by BKW's own Swiss production volumes. Unfortunately, for various reasons the opportunities to build additional new capacities in Switzerland within such a short time frame are extremely limited right now. Switzerland will therefore become more dependent on imports from abroad, and electricity from foreign nuclear power facilities and fossil-fuelled plants will play an important role. Yet the decision to continue operating the plant until 2019 and against long-term operation was correct and made with an eye to the future. Low electricity prices and the uncertain outlook for their recovery are generally impeding investments in production capacities. This is particularly true of investments in the KKM's long-term operation. The political and legal environments are changing rapidly, and there are limits to the predictability of such developments. New safety findings, new financial requirements, additional moves to promote alternatives energies which could cement the existing market distortions, are all highly possible. So the possibility of additional hikes in operating costs and additional unplanned investments which place further strains on profitability cannot be excluded. Such boundary conditions are impeding investments in Mühleberg's long-term operation. Even if not all of these factors are directly comparable, please note that these difficult circumstances are also impeding other less controversial investments such as spending on hydro power. But let's now take a look at the future. For the plant's operation until 2019, BKW aims to invest CHF 200 million, of which regular investments make up the lion's share. The purpose of the additional investments is - to reinforce the Wohlensee dam, work on which has already begun and will make the greatest contribution to safety enhancement of all the planned measures, - to install an alternative cooling water supply but without building the Saane line,
3 3 - to put in place additional precautions for the residual heat removal By implementing these measures, BKW will further increase the KKM's safety: not only will it be above the legally prescribed safety level, but also well above the additional safety margin required by ENSI. Months ago - long before the decision was made - BKW started drawing up rough plans for the decommissioning, post-operational and dismantling/disposal stages. This work is now being stepped up. Once more BKW is playing a pioneering role. It will be the first Swiss electricity supplier to tackle the challenging task of shutting down a nuclear power plant. I am convinced that BKW will carry out this task with its customary thoroughness and commitment. As I have already mentioned, BKW stands for first-class technical competence and reliability, and for a safety culture that can stand comparison to any in Switzerland and abroad. This will also be true of the post-operational and disposal stages. I am also convinced that we will succeed in channelling the acquired know-how and experiences into new business opportunities. The decision announced today will not have any immediate consequences for the nuclear power plant's workforce. All KKM staff will continue to be employed at the plant until operations cease at the end of No redundancies are planned. According to current plans, the decommissioning will be completed only in the 2030s. Our goal is to train and retain the KKM's specialists and technical experts for the remaining years of its operating life and for the post-operational and decommissioning phases. Over the coming decades there will be good job opportunities for such employees in Switzerland. Over the very long term, however, jobs at Mühleberg will be shed. This applies to positions at the plant itself as well as to jobs with suppliers who indirectly depend on Mühleberg nuclear power plant. But new jobs will be created also in the Berne region. The decision is an expression of our resolve to drive forward the BKW transformation process swiftly and consistently. The new corporate structure came into force this year on 1 July. New renewable energies and the new business models are now directly represented on the Executive Board. We are revising our processes and making every effort to pool our employee's extensive know-how and use it in the marketplace and for innovations. Our cost efficiency programmes are progressing well, and the targeted cost reduction of CHF 100 million which has been communicated to you will be achieved. This includes shedding 250 jobs in the production, networks, trading and overhead areas. At the same time BKW is growing, since we are
4 4 creating significantly more jobs in the services area than are being shed in BKW's traditional businesses. Ladies and gentlemen, I want to emphasise again that BKW is a growing enterprise. It is creating new jobs, of which a good number are in the Berne region. We are developing new products and services for our wide-ranging and discerning customer base. Our customers private customers, other electricity suppliers, municipalities and canton, SMEs and large companies have new and varying needs. The energy supply landscape is changing, and with it the needs of our customers. In a complex, networked and highly heterogeneous supply system, we believe our task as an energy services provider is to offer the best possible solutions. In future, this will include virtually 100% availability of sufficient electricity. In future our task will be to deliver electricity and more besides to our customers reliably and cost-effectively. And this means that the production and distribution of electricity will remain important Note also that the difficult decision not to invest in the long-term operation of Mühleberg nuclear plant and to take it off the grid in 2019 also represents an opportunity: - It sends out another signal to all employees that for BKW the future has begun with new opportunities and challenges - It reduces the influence that as yet unforeseen political and regulatory initiatives and official decisions could have on its future - It frees up capital which can now be deployed for other options. This could be investments in renewable energies, in the grid, in our service business or in entirely new business models. - It strengthens our resolve to do our homework. Customer focus and market orientation, cost efficiency, and new products and services are the key. Before I conclude I would like to express a vote of thanks and talk about my expectations. My thanks go first and foremost to former and current employees of Mühleberg nuclear power plant. For more than 40 years and going forward until 2019 they have proved utterly reliable in making an important contribution to Switzerland's electricity supplies. These employees, like all BKW managers and staff, have earned not only laurels for this commitment to their job.
5 5 My expectation and goal is to keep them working in the same capacity over the next six years, and guarantee the plant's safety through additional improvements. But I also expect us to take advantage of the opportunities that this change affords us, to make optimal preparations for the post-operational and decommissioning stages and, in so doing, take BKW further along its new path consistently and without any deviations. Many thanks for your attention!
ZF posts record sales in 2017; announces increased research and development activities
Page 1/5, March 22, 2018 ZF posts record sales in 2017; announces increased research and development activities ZF chief executive officer announces further expansion of research and development activities
More informationCorporate Communications. Media Information 2 August Check against delivery - Ladies and Gentlemen,
Media Information - Check against delivery - Statement Dr. Nicolas Peter Member of the Board of Management of BMW AG, Finance Conference Call Interim Report to 30 June 2018, 10:00 a.m. CEDT Ladies and
More informationRespect for customers, partners and staff. Service: another name for the respect that a company owes its customers, partners and staff.
Respect for customers, partners and staff Service: another name for the respect that a company owes its customers, partners and staff. Vehicle glass KEY FIGURES (in EUR million) 2004 2003 % change Total
More informationInvestor Relations Release
... Investor Relations Release... October 04, 2007 Extraordinary Shareholders' Meeting to Decide on Renaming as Daimler AG Approximately 6,000 shareholders expected in Berlin Dr. Dieter Zetsche, Chairman
More informationJointly towards a long term sustainable energy supply
Jointly towards a long term sustainable energy supply Lars G. Josefsson, CEO Vattenfall, CEO Nuon 23 February 2009 Agenda Nuon & Vattenfall: a great partnership Rationale for Nuon Rationale for Vattenfall
More informationNew 950 million euro turnover record
ENGEL increases its market shares around the world New 950 million euro turnover record Schwertberg, Austria June 2013. ENGEL set a new record in the 2012/2013 financial year by achieving a global turnover
More informationEurope's first blockchain project to stabilize the power grid launches: TenneT and sonnen expect results in 2018
Press release Europe's first blockchain project to stabilize the power grid launches: TenneT and sonnen expect results in 2018 TenneT uses decentralized home energy storage systems networked via blockchain
More informationOerlikon continues strong profitable sales growth
Nine-month Results 2011 Oerlikon continues strong profitable sales growth Oerlikon s efficient sales conversion, new products and disciplined implementation of operational excellence initiatives deliver
More informationStatement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June August 2014, 10:00 a.m.
- Check against delivery - Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June 2014, 10:00 a.m. Ladies and Gentlemen! Since July, Europe
More informationVoith Group On a good footing for future growth
Voith Group On a good footing for future growth Stuttgart, December 7, 2017 Annual press conference Stuttgart December 7, 2017 Public 1 Contents 1. Where we now stand 1.1 Highlights in the 2016/17 fiscal
More informationThe Renewable Energy Market Investment Opportunities In Lithium. Prepared by: MAC Energy Research
The Renewable Energy Market Investment Opportunities In Lithium Prepared by: MAC Energy Research 2016 Table of Contents: Introduction. Page 2 What is Lithium?... Page 2 Global Lithium Demand Page 3 Energy
More informationVolkswagen s strategic realignment is delivering
November 30, 2017 Volkswagen s strategic realignment is delivering Brand gives positive interim assessment after one year of TRANSFORM 2025+ Successful start to largest model offensive in the history of
More informationDistributed Generation and the Importance of the Electric Power Grid
Distributed Generation and the Importance of the Electric Power Grid Rick Tempchin Executive Director, Retail Energy Services Edison Electric Institute Edison Electric Institute The Edison Electric Institute
More informationShare with the GHSEA. Smart Energy Initiatives. Collaboration and a partner eco-system to achieve results
Share with the GHSEA on behalf of the DSEA - learning and experience Color variant: Siemens Cool Gray Smart Energy Initiatives Collaboration and a partner eco-system to achieve results Realizing a Community-centric
More informationH1 2018: Strong organic order growth and profitability increase
Sulzer Management Ltd Neuwiesenstrasse 15 8401 Winterthur Switzerland Phone +41 52 262 30 00 Fax +41 52 262 31 00 In the first half of 2018, Sulzer s rebound continued. Order intake increased by 11.6%
More informationBMW Group Corporate and Governmental Affairs
3 November 2010 - Please check against delivery - Statement by Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG 3 November 2010, 10:00 a.m. Good morning, Ladies and Gentlemen! The BMW
More informationStatement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June August 2013, 10:00 a.m.
- Check against delivery - Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June 2013, 10:00 a.m. Good morning, Ladies and Gentlemen, Today
More informationOerlikon Solar to create 1000 high-tech jobs by 2009
Press release Federal Councillor Doris Leuthard opens Oerlikon Solar pilot line in Trübbach Oerlikon Solar to create 1000 high-tech jobs by 2009 Fully automated end-to-end pilot production facility opened
More informationGrasshopper Vision. Accelerate the adoption of sustainable practices by creating accessible and affordable products for everyone.
Meeting Objective 1. Who are we? 2. Review Commercial Solar Industry 3. Who are the ideal candidates for solar? 4. Key Site Conditions 5. Typical Upfront and On-going Costs Grasshopper Vision Accelerate
More informationQUARTERLY REVIEW OF BUSINESS CONDITIONS: NEW MOTOR VEHICLE MANUFACTURING INDUSTRY / AUTOMOTIVE SECTOR: 2 ND QUARTER 2017
NATIONAL ASSOCIATION OF AUTOMOBILE MANUFACTURERS OF SOUTH AFRICA GROUND FLOOR, BUILDING F ALENTI OFFICE PARK 457 WITHERITE ROAD, THE WILLOWS, X82 PRETORIA PO BOX 40611, ARCADIA 0007 TELEPHONE: (012) 807-0152
More informationAUDI SUSTAINABILITY PROGRAM
Audi Sustainability Report 2017 1 AUDI SUSTAINABILITY PROGRAM The Audi Sustainability Program combines strategic goals in the area of sustainability with concrete measures. It is divided into the four
More informationBERNSTEIN STRATEGIC DECISIONS CONFERENCE 2018
ABB LTD, NEW YORK CITY, USA, 31 MAY 2018 Positioned for profitable growth BERNSTEIN STRATEGIC DECISIONS CONFERENCE 2018 Ulrich Spiesshofer, CEO Important notice This presentation includes forward-looking
More informationABB accelerates transformation Stage 2 of Next Level Strategy
ABB accelerates transformation Stage 2 of Next Level Strategy London, United Kingdom, September 9, 2015: Capital Markets Day Unlocking additional value through realignment of unique power & automation
More informationStrong performance by the Bolloré Group s operating activities in 2018 Mr Cyrille Bolloré unanimously appointed Chairman and Chief Executive Officer
PRESS RELEASE 2018 results (1) March 14, 2019 Strong performance by the Bolloré Group s operating activities in 2018 Mr Cyrille Bolloré unanimously appointed Chairman and Chief Executive Officer Revenue:
More informationElectricity Technology in a Carbon-Constrained Future
Electricity Technology in a Carbon-Constrained Future March 15, 2007 PacifiCorp Climate Working Group Bryan Hannegan Vice President - Environment EPRI Role Basic Research and Development Collaborative
More informationEmbargoed until: March 5, 2019, 7 a.m. CET. Key Financial Data: January 1 to December 31, Evonik more robust as strategy takes effect
Embargoed until: March 5, 2019, 7 a.m. CET Key Financial Data: January 1 to December 31, Evonik more robust as strategy takes effect Promised and delivered: adjusted EBITDA climbs to 2.6 billion rise 4
More informationMAHLE positions itself for the future
MAHLE positions itself for the future Sales rise to EUR 12.3 billion in 2016 Significant increase in organic growth 2016 business year characterized by strategic decision-making Stuttgart, April 26, 2017
More information1. Before Energy Reform
CFE on the right track September 2018 1. Before Energy Reform In 2012, there was a significant gap in the average industrial rate between the United States and Mexico. In 2012, the rate in Mexico, on average,
More informationLaying the Strategic Foundation for the Volkswagen Group
Press Conference Planning Round 67 Laying the Strategic Foundation for the Volkswagen Group November 16, 2018 Corporate Communications Volkswagen Group Hans Dieter Pötsch Speech at the Press Conference
More informationLow Carbon Green Growth Roadmap for Asia and the Pacific FACT SHEET
Smart grid Low Carbon Green Growth Roadmap for Asia and the Pacific FACT SHEET Key point The smart grid allows small- and medium-scale suppliers and individuals to generate and distribute power in addition
More informationInvestor Relations News
Investor Relations News Financial year 2017: MTU Aero Engines AG once again posts record figures Earnings forecast for 2017 fully met Outlook for 2018: Moderate earnings increase, cash conversion rate
More informationEarnings conference call
Earnings conference call Full year 2017 Åke Bengtsson, President & CEO Andreas Ekberg, Acting CFO February 14, 2018 1 Agenda Business Summary Market Update Sales Financials Way forward 2 Business Summary
More informationStatement Harald Krüger Chairman of the Board of Management of BMW AG Conference Call Interim Report to 31 March May 2018, 10:00 a.m.
Media Information - Check against delivery - Statement Harald Krüger Chairman of the Board of Management of BMW AG Conference Call Interim Report to 31 March 2018, 10:00 a.m. CEDT Good morning, Ladies
More informationABB Next Level Big shift in power attractive opportunities
Bernhard Jucker and Claudio Facchin, Capital Markets Day, London, ABB Next Level Big shift in power attractive opportunities Slide 1 Agenda Profitably growing ABB s power business Shifting the center of
More informationI remind you that our presentation is available on our website. We can start from the first 2 slides that show Piaggio Group First
CONFERENCE CALL 2009 1 st HALF RESULTS Good afternoon and welcome to everybody. I remind you that our presentation is available on our website. We can start from the first 2 slides that show Piaggio Group
More informationValeo reports 14% growth in consolidated sales for third quarter 2011
24.11 Valeo reports 14 growth in consolidated sales for third quarter 2011 Third quarter 2011-14 growth in consolidated sales (12 on a like-for-like basis 1 ) to 2,662 million euros - 17 growth in original
More informationCheck against delivery
Axel Strotbek Member of the Board of Management of AUDI AG Finance and Organization Speech at the Annual Press Conference Ingolstadt, March 11, 2014 Check against delivery Ladies and gentlemen, I also
More informationEvonik Corporate Venturing. Dr. Jürgen Finke Ecosummit 2012, Neuss November 14, 2012
Evonik Corporate Venturing Dr. Jürgen Finke Ecosummit 2012, Neuss November 14, 2012 Focus on specialty chemicals Evonik is one of the global leaders in specialty chemicals Strong integrated technology
More informationABB. Carlos Poñe, ABB South Africa, 14/02/2013 ABB South Africa Media Presentation 2012 Annual Results
ABB Carlos Poñe, ABB South Africa, 14/02/2013 ABB South Africa Media Presentation 2012 Annual Results A global leader in power and automation technologies Formed in 1988 through the merger of Swiss and
More informationNEW ENERGY -4- MOBILITY TECHNOLOGIES
April 2017 Anne Kleczka; BMW Group Hannover Fair 2017 BMW TECHNOLOGY FOCUS AREAS. BMW Group Technology Focus Areas. Powertrain Digitalization Efficient Dynamics NEXT E-Drive Hydrogen Connectivity Artificial
More informationFinancial Results for First Half of FY2014 (April 1- September 30) Investor meeting. October 31, 2014
Financial Results for First Half of FY2014 (April 1- September 30) Investor meeting October 31, 2014 1 CONTENTS 1. Financial Results for First Half of FY2014 2. Forecast for FY2014 3. Cash Flow and Debt
More informationMAHLE Supervisory Board appoints Dr. Jörg Stratmann as the new Chairman of the Management Board and CEO
P R E S S R E L E A S E MAHLE Supervisory Board appoints Dr. Jörg Stratmann as the new Chairman of the Management Board and CEO The 48-year-old industrial engineer becomes the new CEO of the MAHLE Group
More informationDOWNSTREAM PETROLEUM 2017 DOWNSTREAM PETROLEUM
DOWNSTREAM PETROLEUM Economic Contribution of the Industry KEY MESSAGES Australian refineries have been very long standing participants in the local market as the major transport fuel suppliers, with all
More informationP R E S S R E L E A S E. Balancing heat and cold for improved cruising range, performance, and comfort in electric vehicles
P R E S S R E L E A S E Balancing heat and cold for improved cruising range, performance, and comfort in electric vehicles MAHLE s thermal management technology paves the way for electric mobility Cruising
More informationOpening Address By. Programme Director: Mr Chris Yellend, Dr. Fereidoon Sioshansi, Menlo Energy Economics, USA
Opening Address By Hon Jeff Radebe, Minister of Energy of the Republic of South Africa at the South Africa Energy Storage Conference held at Emperors Palace, Johannesburg, South Africa on 22 October, 2018
More informationFUEL ECONOMY STANDARDS:
MOTOR & EQUIPMENT MANUFACTURERS ASSOCIATION FUEL ECONOMY STANDARDS: INVESTMENTS AND JOBS IN THE U.S. ARE ON THE LINE NOVEMBER 27, 2018 Fuel Economy Standards: Investments and Jobs in the U.S. Are on the
More informationPower distribution: contributing to the European energy transition
Power distribution: contributing to the European energy transition Pierre Mallet Director for Innovation, ERDF (France) Network Investment and Regulation Paris 0 Power distribution: contributing to the
More informationABB: Continuing growth
ZURICH, SWITZERLAND, OCTOBER 26, 2017: THIRD QUARTER HIGHLIGHTS ABB: Continuing growth Total orders up 5% 1 ; base orders up 6%; higher in all regions Services and software orders up 11%; ABB Ability TM
More informationEarnings conference call Q4 & FY 2016
Earnings conference call Q4 & FY 2016 Bo Annvik, CEO / Åke Bengtsson, CFO February 10, 2016 1 Agenda Business Highlights Market Update Sales Financials Way forward 2 Business Summary FY 2016 A year with
More informationBMW Group Corporate Communications
14 March 2007 BMW Group to continue its successful course in 2007 Best year in company s history expected in operating terms Sales volume expected to rise to new record level Munich. The BMW Group plans
More informationZF, UBS and innogy Innovation Hub Announce the Jointly Developed Blockchain Car ewallet
Page 1/5, January 5, 2017 ZF, UBS and innogy Innovation Hub Announce the Jointly Developed Blockchain Car ewallet Automatically takes care of mobility-related payment transactions Ideal for charging electric
More informationEUROPEAN MANUFACTURER OPENS NEW HIGH-TECH FACILITY IN ARKANSAS TO SERVE PLAINS & EASTERN CLEAN LINE
MEDIA CONTACT Sarah Bray Jason Brown Clean Line Energy The Communications Group 832.319.6340 office 501.376.8722 office 832.226.2116 cell 501.515.0849 cell sbray@cleanlineenergy.com jbrown@comgroup.com
More informationPROMOTING THE UPTAKE OF ELECTRIC AND OTHER LOW EMISSION VEHICLES
Chair Cabinet Economic Growth and Infrastructure Committee Office of the Minister of Transport Office of the Minister of Energy and Resources PROMOTING THE UPTAKE OF ELECTRIC AND OTHER LOW EMISSION VEHICLES
More informationMedia Conference Takeover and Integration of RWD Schlatter AG into AFG Arbonia-Forster-Holding AG
Media Conference Takeover and Integration of RWD Schlatter AG into AFG Arbonia-Forster-Holding AG SpeechpresentedbyDr.EdgarOehler CEOandChairmanoftheBoardofDirectors AFGArbonia-Forster-HoldingAG,Arbon
More informationContinuity in internationalization: BOGE Rubber & Plastics on track for further growth
Page 1/6, 28.04.2017 Automotive supplier reports record sales Continuity in internationalization: BOGE Rubber & Plastics on track for further growth Sales grew by 3.2 percent to EUR 763.4 million in 2016
More informationInvestor Relations News
Investor Relations News MTU Aero Engines AG posts new record revenues and earnings for 2016 2017: End of investment phase with further increase in revenues, earnings and free cash flow Outlook for 2017:
More informationPage 1 sur 5 17.03.2010 BMW Group plans sharp increase in group earnings Visible progress in 2010 towards profitability targets for 2012 Volume growth in solid single-digit percentage range targeted Munich.
More informationUfM Ministerial Declaration on Energy
European Union The Hashemite Kingdom of Jordan UfM Ministerial Declaration on Energy Rome on 1 December 2016 The Ministers in charge of energy, meeting in Rome on 1 December 2016 under the Union for the
More informationPower import, transboundary connections, Market Coupling. Grzegorz Onichimowski President of the Board, TGE S.A.
Power import, transboundary connections, Market Coupling Grzegorz Onichimowski President of the Board, TGE S.A. Power import, transboundary connections, Market Coupling Conference Power Ring, December_2008
More informationV2G and V2H The smart future of vehicle-to-grid and vehicle-to-home. September 2016
V2G and V2H The smart future of vehicle-to-grid and vehicle-to-home September 2016 V2G is the future. V2H is here. V2G enables the flow of power between an electrical system or power grid and electric-powered
More informationRecord CY 2016 EPS-diluted-adjusted of $6.12, an increase of $1.10 Y-O-Y. Q EPS-diluted-adjusted of $1.28, a decrease of $0.11 Y-O-Y.
1 2 3 Q4 2016 global deliveries up 0.1 million units year-over-year (Y-O-Y), a 3.3% increase. Volume gains primarily in North America and China, offset by reductions in International Operations (excluding
More informationIntegrating R&D, innovation and technology management GPCA R&I Summit
Integrating R&D, innovation and technology management GPCA R&I Summit Dr. Ulrich Kuesthardt (Chief Innovation Officer) Bahrain, March 9, 2017 1 Evonik is a dynamic company that focuses on speciality chemicals
More informationAMAG posts record shipments in 2013; dividend recommendation of 0.60 EUR per share
Ranshofen, 28 February 2014 AMAG posts record shipments in 2013; dividend recommendation of 0.60 EUR per share Shipments at an all-time high of 351,700 tonnes (t) in 2013, compared with 344,200 t a year
More informationNAVISTAR ANNOUNCES WIDE-RANGING STRATEGIC ALLIANCE WITH VOLKSWAGEN TRUCK & BUS
Navistar International Corporation 2701 Navistar Dr. Lisle, IL 60532 USA P: 331-332-5000 W: navistar.com Media contacts: Lyndi McMillan, Lyndi.McMillan@Navistar.com, +1 331 332 3181 Claudia Gray, Cgray@Brunswickgroup.com,
More informationAlfen acquires Elkamo in Finland A platform for expansion in the Nordics
Alfen acquires Elkamo in Finland A platform for expansion in the Nordics 2 July 2018 Disclaimer This communication may include forward-looking statements. All statements other than statements of historical
More informationModern Regulatory Frameworks for a Flexible, Resilient, & Connected Grid
Modern Regulatory Frameworks for a Flexible, Resilient, & Connected Grid Paul Centolella, Vice President Technologies which provide Flexibility, Resiliency and Connectivity CIGRE Grid of the Future 2013
More informationQUARTERLY REVIEW OF BUSINESS CONDITIONS: MOTOR VEHICLE MANUFACTURING INDUSTRY / AUTOMOTIVE SECTOR: 4 TH QUARTER 2016
NATIONAL ASSOCIATION OF AUTOMOBILE MANUFACTURERS OF SOUTH AFRICA GROUND FLOOR, BUILDING F ALENTI OFFICE PARK 457 WITHERITE ROAD, THE WILLOWS, X82 PRETORIA PO BOX 40611, ARCADIA 0007 TELEPHONE: (012) 807-0152
More informationKeynote from Andreas Renschler, CEO Volkswagen Truck & Bus GmbH and Yoshio Shimo, President & CEO Hino Motors Ltd.
Keynote from Andreas Renschler, CEO Volkswagen Truck & Bus GmbH and Yoshio Shimo, President & CEO Hino Motors Ltd.. THE SPOKEN WORD PREVAILS Tokyo, 12.04.2018 Good afternoon. I am Yoshio Shimo, President
More informationStatement Harald Krüger Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 September November 2016, 10:00 a.m.
Media Information - Check against delivery - Statement Harald Krüger Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 September 2016, 10:00 a.m. Good morning, ladies and
More informationPower-Blox PBX 200. Allschwil Bihler/hmos
Power-Blox PBX 200 Allschwil 08.02.2018 Bihler/hmos Agenda 1 Introduction 2 Strategy 3 Business Model 4 Portfolio / Offering 5 Promotion 6 Place 7 People 8 Competition 9 Roll Out 2 Introduction - Coming
More informationAnnual Press Conference
Annual Press Conference Stuttgart, 16 December 2016 Prof. Dr. Michael Kaschke President & Chief Executive Officer Thomas Spitzenpfeil Chief Financial Officer ZEISS Group, 2015/16 Annual Press Conference
More informationBMW Group Investor Relations
BMW Group Investor Relations International Product Presentation The New BMW 7 Series Erich Ebner von Eschenbach Treasurer BMW Group Dresden, October 6, 2008 - Please check against delivery - 2 Ladies and
More informationNatural and Economic Resources Appropriations Subcommittee 20 February W. Steven Burke President and CEO Biofuels Center of North Carolina
Natural and Economic Resources Appropriations Subcommittee 20 February 2013 W. Steven Burke President and CEO Biofuels Center of North Carolina Three definitions: Biofuels Liquid transportation fuels.
More informationJoint Press Release of BASF, Arsenal and Foosung. BASF acquires Novolyte Technologies. April 26, 2012
Joint Press Release of BASF, Arsenal and Foosung April 26, 2012 BASF acquires Novolyte Technologies BASF becomes global supplier of Lithium Battery Electrolyte formulations Further step to becoming leading
More informationState s Progress on 1.5 Million Zero Emission Vehicles by 2025
State s Progress on 1.5 Million Zero Emission Vehicles by 2025 The latest new vehicle sales data from California New Car Dealers Association shows Californians remain on track to exceed 2 million new light
More informationThe Grid Link Project. Summary of the Report for the Independent Expert Panel
The Grid Link Project Summary of the Report for the Independent Expert Panel Who are EirGrid - and what do we do? EirGrid is responsible for a safe, secure and reliable supply of electricity: now and in
More informationVolkswagen Group Capital Markets Day 2017 Volkswagen Truck & Bus
Volkswagen Group Capital Markets Day 2017 Volkswagen Truck & Bus Andreas Renschler Board of Management, Commercial Vehicles Capital Markets Day, 14 th of March 2017 Disclaimer The following presentations
More informationImpact of Energy Efficiency and Demand Response on Electricity Demand
October 26, 2009 Impact of Energy Efficiency and Demand Response on Electricity Demand Perspectives on a Realistic United States Electric Power Generation Portfolio: 2010 to 2050 Presented by Lisa Wood
More informationNordic co-operation when meeting System challenges
Nordic co-operation when meeting System challenges Evolving the market conference Ulla Sandborgh CEO Agenda > System challenges > System development plan > Strategies > Grid development > Tariff development
More informationANNUAL GENERAL MEETING. Cologne, 30 April 2009
ANNUAL GENERAL MEETING Cologne, 30 April 2009 Review of 2008 2008 ended with the biggest financial and economic crisis seen for decades - Business performed well in the first half of 2008; order situation
More informationExecutive Summary. DC Fast Charging. Opportunities for Vehicle Electrification in the Denver Metro area and Across Colorado
Opportunities for Vehicle Electrification in the Denver Metro area and Across Colorado Overcoming Charging Challenges to Maximize Air Quality Benefits The City and County of Denver has set aggressive goals
More informationHarley-Davidson Announces 3rd Quarter Results, Unveils Long-Term Business Strategy
Harley-Davidson Announces 3rd Quarter Results, Unveils Long-Term Business Strategy Retail Harley-Davidson Motorcycle Sales Decline Moderates from 2nd Quarter Operating Loss at Finance Unit Impacts Profit
More informationInnovative technologies ready for the Supergrid
Innovative technologies ready for the Supergrid The Roadmap to the Supergrid Technologies EEF lunchtime discussion Feb 6, 2013 in Strasbourg Presented by Dr. Magnus Callavik, ABB (Convenor of WG 2 - Technology)
More informationAMAG reports revenue and earnings growth in Q3 2015
Ranshofen, November 3, 2015 AMAG reports revenue and earnings growth in Q3 2015 Shipment volumes up 8 % to 97,600 tonnes Revenue grows 16 % to EUR 233 million EBITDA improves 6 % to EUR 33.9 million Ramp-up
More informationPhönix SonnenStrom AG
Phönix SonnenStrom AG 1 st Quarter Results 15 th May 2007 SonnenStrom Electricidad Solar Elettricità Solare Solar Electricity Électricité Solaire Disclaimer The content of this presentation is solely for
More informationOur Strategy Race: Leg 8 From Itajaí to Newport. Corporate Strategy Renewal (III) From the Past to the Future Example: ABB.
Our Strategy Race: Leg 8 From Itajaí to Newport Corporate Strategy Renewal (III) From the Past to the Future Example: ABB 2 May 2018 1 OUTLINE Leg 8. Strategy Corporate Renewal 01 Corporate Strategy: The
More informationMONRO MUFFLER BRAKE, INC. PROVIDES FOURTH QUARTER AND FISCAL 2017 FINANCIAL RESULTS
CONTACT: John Van Heel Chief Executive Officer (585) 647-6400 Robert Gross Executive Chairman (585) 647-6400 FOR IMMEDIATE RELEASE Brian D Ambrosia Senior Vice President Finance Chief Financial Officer
More informationHamburg moving towards Electromobility. Dr. Sicco Rah Hanse-Office, Joint Representation of Hamburg and Schleswig-Holstein to the EU
Hamburg moving towards Electromobility Dr. Sicco Rah Hanse-Office, Joint Representation of Hamburg and Schleswig-Holstein to the EU 08.06.2017 Overview Major challenge for the city: air quality EU and
More informationStationary Energy Storage Solutions 3. Stationary Energy Storage Solutions
Stationary Energy Storage Solutions 3 Stationary Energy Storage Solutions 2 Stationary Energy Storage Solutions Stationary Storage: Key element of the future energy system Worldwide growing energy demand,
More informationAMAG posts record shipments in 2013; dividend recommendation of 0.60 EUR per share unchanged on last year
Ranshofen, 28 February 2014 AMAG posts record shipments in 2013; dividend recommendation of 0.60 EUR per share unchanged on last year Shipments at an all-time high of 351,700 tonnes (t) in 2013, compared
More informationElectricity industry structure and key players
Electricity industry structure and key players Growth in capacity, production and consumption, 2006 2017 Expected demand and addition to generation capacity, 2018 2027 Growth in transmission network and
More informationPress release on the business development of the MAHLE Group in 2013
Press release on the business development of the MAHLE Group in 2013 Stuttgart, April 17, 2014 2013 business year dominated by the ongoing strategic development of the product portfolio Sales Total sales
More informationIncrease of the sales by 33% mainly due to the Safelite acquisition
36 - Vehicle Glass Repair and Replacement Increase of the sales by 33% mainly due to the Safelite acquisition 37 Key events in Vehicle Glass Repair and Replacement January 2007 The launch in the UK of
More informationMazda Motor Corporation June 17, 2011
FY ENDING MARCH 2012 FINANCIAL FORECAST New MAZDA Demio 13-SKYACTIV Mazda Motor Corporation June 17, 2011 1 PRESENTATION OUTLINE FY ending March 2012 Forecast Updates of Framework for Medium- and Long-term
More informationParticularities of Investment Projects in the Romanian Biodiesel Industry
Particularities of Investment Projects in the Romanian Biodiesel Industry Alin Paul OLTEANU 1 Abstract The European biodiesel industry is currently facing major challenges with governments reducing their
More information30 NOVEMBER, 2017 ABB and SynerLeap - an innovation accelerator. Helena Malmqvist, Head of External Research Collaborations, ABB Sweden
30 NOVEMBER, 2017 ABB and SynerLeap - an innovation accelerator Helena Malmqvist, Head of External Research Collaborations, ABB Sweden ABB: the pioneering technology leader What (Offering) For whom (Customers)
More informationEnergy and Mobility Transition in Metropolitan Areas
Energy and Mobility Transition in Metropolitan Areas GOOD GOVERNANCE FOR ENERGY TRANSITION Uruguay, Montevideo, 05/06 October 2016 Energy and Mobility Transition in Metropolitan Areas Agenda I. INTRODUCTION
More informationABB Ability Performance Optimization for power generation
ABB Ability Performance Optimization for power generation Maintain peak performance in any market As the world's leading provider of integrated power and automation solutions to the energy and water industries,
More informationThank you, Chairman Taylor, Chairman Keller, Representative Quinn and members of
Testimony of Andrew Daga President and CEO, Momentum Dynamics Corporation Pennsylvania House of Representatives Committee on Transportation November 13, 2017 Thank you, Chairman Taylor, Chairman Keller,
More informationStatement by Dr. Helmut Panke, Chairman of the Board of Management of BMW AG, Financial Analysts' Meeting Munich, 18 March 2004
18 March 2004 - Check against delivery - Statement by Dr. Helmut Panke,, Financial Analysts' Meeting Munich, 18 March 2004 Ladies and Gentlemen, Welcome to Munich welcome to the BMW Group Financial Analysts
More information