Erdal Elver, President and CEO, Siemens Ltd. Taiwan Seven Core Statements on the Cooperation for a Sustainable Energy Future of Taiwan July 15, Taipei siemens.com/answers Copyright © Siemens Ltd., Taiwan 2014. All rights reserved Seven Core Statements on the Cooperation for a sustainable energy future Germany is a leading country in energy & environmental technologies and solutions. Germany’s Energiewende (Energy Transition) serves as a best practice that is vital for both economic and ecological sustainability. These 7 Core Statements are suggested by the German Institute Taipei, German Trade Office, Taiwan Institute for Sustainable Energy and Siemens Taiwan to further strengthen the cooperation with Taiwan on its path towards a sustainable energy future. Page 2 Copyright © Siemens Ltd., Taiwan 2014. All rights reserved (1) – Increasing the deployment of renewable energy is the global trend making renewable energy more competitive an unstoppable trend Siemens in the world’s mega offshore wind projects Siemens innovations Taiwan’s unique location Page 3 Copyright © Siemens Ltd., Taiwan 2014. All rights reserved (2) - A diverse energy mix is the key for a successful energy transition and a sustainable energy future renewables and fossil power plants high energy dependency coal-fired versus gas-fired modernize aging fossil power plants Page 4 Copyright © Siemens Ltd., Taiwan 2014. All rights reserved The Dual Strategy of Germany’s Energy Transition Energy Efficiency Renewable Energy Page 5 Copyright © Siemens Ltd., Taiwan 2014. All rights reserved (3) - Enhancing energy efficiency in industrial, building, and transportation sectors is of crucial importance generation Page 6 Transmission & distribution consumption Copyright © Siemens Ltd., Taiwan 2014. All rights reserved (3) - Enhancing energy efficiency in industrial, building, and transportation sectors is of crucial importance Green Buildings Green Mobility Green Manufacturing 30% 30% 70% energy saving energy saving energy saving Future of Manufacturing / Industry 4.0 Page 7 Copyright © Siemens Ltd., Taiwan 2014. All rights reserved Siemens’ Energy Transition Dialogues “Energy transition will be a success only if it maximizes Page 8 economic advantages!” Copyright © Siemens Ltd., Taiwan 2014. All rights reserved (4) – Analyzing the entire life-cycle cost of mega energy projects maximizes economic advantages for Taiwan’s society Term Warranty to Entire Life Cycle Cost 1. Prevent unscheduled outages 2. Prevent unnecessary stock-up 3. Control costs and storage fees Spare Parts / Operation & Maintenance long term operation efficiency AND the efficiency at the Plant Degradation EPC Cost beginning phase Page 9 Copyright © Siemens Ltd., Taiwan 2014. All rights reserved (5) – The principle of risk diversification ensures sustainable energy supply working with multiple energy equipment suppliers Page 10 Sustainable Sustainable Energy Supply National Development National Risk Security Diversification Copyright © Siemens Ltd., Taiwan 2014. All rights reserved Statements (6) and (7) to be addressed in the next session (6) – Technological innovations are the strongest lever to reduce greenhouse emissions (7) – Cities play the leading role in reducing energy consumption and carbon emission Page 11 Copyright © Siemens Ltd., Taiwan 2014. All rights reserved Erdal Elver, President & CEO, Siemens Ltd. Taiwan 7 Core Statements for a Successful Energy Transition and a Sustainable Energy Future of Taiwan Thank you! siemens.com/answers Copyright © Siemens Ltd., Taiwan 2014. All rights reserved