Masdar, christopher d sorensen
Post on 23-Jan-2015
1365 Views
Preview:
DESCRIPTION
Transcript
We Are Masdar
We Are Masdar Christopher D. Sorensen, Deputy Director
Strategic Innovation and Technology
1
2
Introduction
3
Founding Visionary Inspiration
We must not rely on oil alone as the
main source of our national income.
We have to diversify the sources of our
revenue and construct economic projects
that will ensure a free, stable and dignified
life for the people.
The late His Highness Sheikh Zayed bin Sultan al Nahyan
Founder of the United Arab Emirates
”
“
4
Masdar’s Mission - Anchored in the Abu Dhabi 2030 Vision
Abu Dhabi 2030
Abu Dhabi will focus on developing sectors
which, when combined, are planned to
grow at more than 7.5% pa
30% of all energy needs from alternative
and low carbon energy sources
Commitment to climate change abatement
Transition from commodities-based to
knowledge-based economy
Economic Development of Abu Dhabi
5
Sustainability
The UAE has one of the largest per capita
carbon footprints in the world
Water and energy are critical resources
The World Today
Source: Lux Data report
A New Kind of Energy Company
A New Kind of Energy Company
6
7
A Unique, Fully Integrated Approach
8
Credit rating Aa2 (Moody’s) / AA (S&P) / AA
(Fitch)
Total employees > 500
Total assets US$21.6 billion
Mubadala – Our Parent Company
The Mubadala Development Company is a
strategic investment and development company
whose sole shareholder is the Government of
Abu Dhabi
9
Vision and Mission
Our Vision
To make Abu Dhabi the preeminent source of
renewable energy, knowledge, development,
implementation and the world’s benchmark for
sustainable development.
Our Mission
To advance renewable energy and sustainable
technologies through education, research and
development, investment, commercialization
and adaptation.
10
Key Milestones
2006 2007 2008 2009 2010 2011
Masdar Initiative
launch
Masdar cleantech
Fund I
Torresol
Masdar City
construction
begins
Masdar Institute
building complete Masdar Institute
welcomes
students
Masdar PV
London
Array
DB Masdar
cleantech Fund
EMIC Siemens
partnership
Shams 1
11
Initial investment of US$15 billion Dedicated international research and academic centre New investment model that drives capital into Abu Dhabi Growing portfolio of renewable energy projects across three continents Truly sustainable city for both residents and commerce Landmark development hub for renewable energy technology Internationally acclaimed Prize for cleantech industry pioneers
Committed to The Global cleantech Industry
12
Masdar – The Reality of Future Energy
Fulfilling Abu Dhabi’s vision to:
Source 7% of all energy entirely
from renewable energy by 2020
Build a sustainable knowledge-
based economy
Create future prosperity for
its people
Developing its human capital
Maintaining its leadership in the
energy sector
13
Masdar Institute
Masdar Institute
14
Vision
To be a world-class graduate-level institution,
seamlessly integrating research and education to
produce future world leaders and critical thinkers in
advanced energy and sustainability
To position Abu Dhabi as a knowledge hub and
engine for socioeconomic growth
Mission
To establish and continually evolve interdisciplinary,
collaborative research and development capability
in advanced energy and sustainability.
To educate students to be innovators with the
breadth and depth necessary to grow technology
and enterprise regionally and globally
Masdar Institute – Mission and Vision
15
Profile of Masdar Institute
What is the Masdar
Institute
Masdar Institute
Fast Facts
Graduate level study in advanced energy and sustainable technologies Extensive collaboration with MIT Highly qualified international faculty Elite student body Full Scholarship
Research
domains
Clean Water, Environment and Climate Sustainable Energy Production and Storage Efficient Energy Delivery and Use Integrated Sustainable Development
Research
partnerships
Boeing, Etihad, UOP/Honeywell,
Advanced Technology Investment
Company and Siemens
Campus
Sate of the Art Labs Clean Rooms Imaging Lab Student body to number over 600 over the next 5 years
16
58 faculty members
Eight Masters programs
An interdisciplinary doctorate
program
A Foundation program for
UAE nationals
72 graduating students 2011
Masdar Institute – The Brightest Minds
63% Male
37%
Female
152 students
Age group – between 20 years and 37 years
33 different nationalities
17
Our flagship collaborator is the
Massachusetts Institute of Technology
(MIT)
Development of degree programs and
curriculum
Graduates of MI are given certificate of
completion of MIT
Assists in faculty and senior
administration recruitment
Participates in collaborative research
with Masdar Institute faculty members
Masdar Institute in Collaboration with MIT
18
Boeing, Etihad and UOP/Honeywell Sustainable Bioenergy Research and Consortium (SBRC) to research and
demonstrate large-scale cultivation of halophytic plants for biofuel production
Siemens Collaborative research on Smart Grids / Smart Buildings (SGSB), Carbon Capture
and Sequestration (CCS)
Advanced Technology Investment Company (ATIC) Development of a world class, research-driven academic program in Microsystems
Engineering, focusing on the areas that are key to Abu Dhabi’s semiconductor
sector
The Abu Dhabi Company for Onshore Oil Operations, Petroleum Institute
and Massachusetts Institute of Technology (MIT) Collaborative research into carbon sequestration
Strategic Collaborations
19
The EU-GCC Clean Energy Network
The EU-GCC Clean Energy Network (http://www.eugcc-cleanergy.net/) is an initiative created and
supported by the European Commission and by the relevant Gulf Co-Operation Council
authorities, aiming to enhance the long term strategic EU – GCC energy relationship, addressing
specifically clean energy issues (both policy and technology aspects).
The GCC Energy Secretariat, has selected Masdar Institute to lead the Networks GCC
Counterparts.
National institutions appointed by the GCC Energy Secretariat for supporting the Network include:
20
Masdar Capital
Masdar Capital
21
Masdar Clean Tech Fund
(“Fund 1”)
US$250 million partnership
US$10-25 million investment
ticket size in companies with
promising technology and
defendable IP
Current investments range from
Solar Thin-Film to Waste-to-
Energy and Water Purification
Two Investment Funds with International Partners
Masdar Clean Tech Fund
(launched 2006)
DB Masdar Clean Tech Fund
(launched 2010)
DB Masdar Clean Tech Fund
(“Fund 2”)
Established January 2010,
raising US$290-500 million first
close recently completed
General partners:
22
Investment Criteria
Management quality Experienced, hands-on team with proven management capability
Technology
Propriety and protected (ideally international patents) technology with
potential for large-scale application; Demonstrated superior
performance; Disruptive possibilities
Regulatory certainty Reasonable certainty around stable regulatory environment
Opportunities driven by
industry logic
Fragmented market (leading to consolidation); Potential for scale
benefits or vertical integration
Geographic expansion Seek opportunities for geographic expansion of investee companies
Exit options (3-5 years) Multiple exit options/timeframes possible via an IPO, natural owners
and secondary buyers
Governance Lead investor: board seat, other governance rights
23
Some of the Companies we have Invested in
Technology for processing and recycling oil waste
Tested and proven solutions that reliably and effectively
purify water and kill germs
One of the leading providers for the conditioning of used slurry from the photovoltaic industry and the semiconductor industry
Integrated solar energy systems to cool, heat and power
homes and offices
24
In just four years Masdar Capital has:
Launched two major Cleantech investment
funds with over $540m managed in the UAE
Built strong partnerships, powerful networks
and a growing reputation for investment
excellence through over 15 investments
Successfully exited a number of deals, placing
MCTF amongst the top quartile cleantech
VCs in its vintage
Developed a reputation among small and
growing companies as a value-add investor
through business development in the MENA
region
Equipped a growing team of young Emiratis
with world-class investment skills and
knowledge around origination, execution and
management of investments around the world
Achievements
25
Masdar Power
Masdar Power
26
Profile of Masdar Power
Mandate
Masdar Power
Fast Facts
To build a portfolio of large scale renewable
energy power plants across the globe
Projects
Currently major projects include – Shams 1
(UAE) , Nour 1 (UAE), Sir Bani Yas (UAE),
London Array (UK), Torresol (Spain) and the
Seychelles
Technology
Break through technology in the field of solar
PV, concentrated solar power, onshore and
offshore wind
Partnerships
include
DONG, e.ON, Sener, Total, Abengoa,
NREA (Egypt)
27
Profile of Masdar Power projects – SHAMS 1
The flagship project
World’s largest concentrated solar power
(CSP) plant and first in Middle East
SHAMS 1
Fast Facts
120kms Southwest of Abu Dhabi in
the UAE
Extends over an area of 2.5km² with a
capacity of 100MW
This solar field has 768 parabolic
trough collectors to generate clean,
renewable electricity
28
Profile of Masdar Power projects – Sir Bani Yas
Onshore wind farm
Sir Bani Yas
Fast Facts
Sir Bani Yas is a natural Island located 250 km
southwest of Abu Dhabi city
TDIC promotes Sir Bani Yas Island as a premier
tourist destination.
Masdar has an agreement with TDIC to develop
renewable energy projects on the island
First project is a windfarm with acapacity of
between 20 and 30MW
Commissioning in 2012z
29
Profile of Masdar Power projects – Torresol
One of world’s first commercial
deployments of CSP Central Tower
Receiver Systems
Gemasolar
Fast Facts
Joint venture between SENER (60%)
and Masdar (40%)
Gemasolar plant consists of 2,650
heliostats (mirrors) – 1,500m
approximate diameter
Will supply energy to 30,000 households
saving 50,000 tonnes of CO2
30
Profile of Masdar Power projects – London Array
Offshore wind farm
London Array
Fast Facts
Capacity of 1GW when complete with 341 wind
turbines
Will produce enough energy to power a quarter
of London homes (750,000) and displace the
emissions of 1.9 million tonnes of carbon dioxide
each year
Will represent nearly 7% of the UK
Government’s target of providing 15.4% of all
electricity supply from renewable sources by
2015
Joint venture between DONG (50%), E.ON
(30%) and Masdar (20%) signed in May 2009
Onshore construction started in July 2009, with
offshore construction commencing 2010
31
Profile of Masdar Power Projects – Masdar PV
Thin-film photovoltaic solar module
manufacturing in Germany
Masdar PV
Fast Facts
Masdar PV is producing advanced
amorphous silicon photovoltaic modules
that are eight times larger and five times
more powerful (in total watt) than
industry standard modules
High-volume manufacturing of thin film
PV requires less than 1% of
semiconductor material compared to
traditional PV, which means this
technology can rapidly drive down the
cost of PV to bring it closer to grid-parity
32
Masdar Carbon
Masdar Carbon
33
Profile of Masdar Carbon
Carbon
Footprint
Masdar Carbon
Fast Facts
Clean
Fossil Fuel
A leader in carbon emissions reduction
through advance projects that bring significant
reductions to UAE’s carbon footprint
Technology Solution-orientated technologies addressing
energy security, climate change, and global
sustainable development
Partners e.ON, ADNOC, ADWEA, Total, Etihad
Focusing on clean Hydrocarbon power and
industrial energy efficiency creates additional
value through carbon monetization
34
Profile of Masdar Carbon – CCS
CCS technology captures CO2 emissions
from power plants preventing release
into atmosphere
Carbon Capture & Storage
Fast Facts
ADNOC – the largest industrial-scale CCS
project in the world
Capturing CO2 transport it, and inject it into
Abu Dhabi’s oil & gas reservoirs for EOR
5 million tonnes of CO2 per year captured
under phase 1
Will contribute significantly towards the
reduction of the UAE’s carbon footprint
Utilising 350km of transportation pipelines
35
Profile of Masdar Carbon – CDM
Clean Development Mechanism
Delivering 20 Million tonnes of CO2 equivalent under
contract from projects in Abu Dhabi and region
CDM lifecycle management
Support UN registration process
Emission reduction project focus
Recovery / utilisation of flare waste gases
Fuel switch in industrial facilities
Energy efficiency improvements
Waste heat recovery
CO2 recovery
Gas leak reduction
36
Masdar City
Masdar City
37
Profile of Masdar City
Total site area
Masdar City
Fast Facts
700 hectares
3.7 million sqm
GFA
Residential
Commercial
Retail
Community
52%
38%
2%
8%
Projected resident
population 40,000
Projected commuters 50,000
Residential density 140 people /
hectare
Peak daily density 245 people /
hectare
38
Masdar City creates a dynamic, vibrant,
international and entrepreneurial
community that offers numerous
benefits
Potential access to capital
Critical mass of sector knowledge
Large pool of high-quality talent
Launching point into local, regional and
international markets
Community of like-minded professionals
One of the world’s most beautiful and
sustainable living and working
environments
Benefits for Organisations Seeking to Locate Here
39
Sustainability at Every Corner
Energy demand
Renewable energy
Water demand
Waste management
Low carbon materials
51% less energy in residential units
55% reduction in building external heat gain
Up to 30% of electricity provided by 1MW rooftop solar PV
Built 10MW solar PV farm
75% of hot water provided by rooftop solar thermal collectors
54% less water consumption in residential units
96% of construction waste reused or recycled
Used low carbon aluminum and concrete
mixes in buildings’ infrastructure
40
Masdar City is a knowledge exchange that
will significantly help Abu Dhabi achieve a
developed knowledge economy
An icon for Abu Dhabi's commitment to
a sustainable future
A magnet for talent, expertise and
financial capital
• Home of the Masdar Institute
• Headquarters of the International
Renewable Energy Agency (IRENA)
• Over 50 companies have signed up
to be a part of Masdar City
Benefits to Abu Dhabi
41
Masdar City – Key Milestones
Masdar City
construction
begins
Masdar
Institute
opens
First 6
buildings
completed
Early stage
residential,
commercial
and retail
buildings
First companies
move into offices
First residents
move into homes
More than
8,000
residents and
12,000
commuters in
the city
Full build out
completed
City accommodates
40,000 residents
and 50,000
commuters
2008 2009 2010 2013 2015 2021-2025
IRENA
42
43
The International Renewable Energy Agency
IRENA Mission: IRENA will promote the
widespread and increased adoption and
sustainable use of all forms or renewable
energy. Acting as the global voice for
renewable energies, IRENA will facilitate
access to all relevant renewable energy
information, including technical data
Based out of Abu Dhabi, IRENA is mandated
by its members (149 and the European
Union) to disseminate renewable energy
technologies to developing and developed
nations alike
On July 8, 2010, the Agency’s statute
entered into force
International Co-operation
World Future Energy Summit
44
45
World Future Energy Summit
Since it was first held in 2008, the World Future
Energy Summit is a platform to facilitate
practical progress in renewable energy
The world’s foremost, must-attend annual
meeting for the renewable energy and
environment industry. The annual summit
addresses issues of public policy, research and
development and business in a coordinated
approach.
The World Future Energy Summit, held every
year in Abu Dhabi and hosted by Masdar,
provides a crucial platform to address the
urgent global need to find energy solutions that
are both secure and sustainable
Thought Leadership
46
WFES – Fast Facts
Countries represented
2011 Highlights
112
Number of official delegations 40
Number of high level delegates 3150
Keynote and expert speakers 200
Exhibiting companies 600
CEOs and MDs in attendance 4,000
Total attendees 26,000
Website visits 800,000
Page views 1.7 million
Zayed Future Energy Prize
47
48
Like the Noble Prize, the Zayed Future Energy Prize
brings a similar global recognition to those who help
the world move forward
President Ólafur Ragnar Grímsson, President of
Iceland
The Nobel Prize of the cleantech Industry
” “
49
A Quick View
Launched in 2008
An annual prize fund open to SMEs/NGOs, individuals and Large
Corporations and an annual Global High School prize (open for 2013)
Over US$4 million in prizes, spread across finalists
and winners
Over 900 Submissions, and 1800 nominations from 80 countries in three
years.
Thank You Christopher D. Sorensen, Deputy Director
Strategic Innovation and Technology
CSorensen@masdar.ae
50
top related