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CORPORATE PRESENTATION 2012




1 © Wärtsilä
Our roots and heritage




               Passion for engines.




2 © Wärtsilä
Today we are much more than an engine company




                Passion for optimising lifecycle value for our
               customers with modern and sustainable power
                                 solutions.




3 © Wärtsilä
Our mission, vision, and values

                       We provide lifecycle power solutions to enhance
     MISSION


                        the business of our customers, while creating
                      better technologies that benefit both the customers
                                     and the environment.
     VISION




                                We will be the most valued business
                                   partner of all our customers.
     VALUES




                     ENERGY                EXCELLENCE                EXCITEMENT
               Capture opportunities and   Do things better than   Foster openness, respect
                 make things happen         anyone else in our        and trust to create
                                                 industry                 excitement




4 © Wärtsilä
This is Wärtsilä



                POWER
                PLANTS



               SHIP POWER




                SERVICES

5 © Wärtsilä
This is what we bring to the market




                  ENVIRONMENTAL            FUEL
     EFFICIENCY
                    SOLUTIONS           FLEXIBILITY




6 © Wärtsilä
Our offering




                           Ship Power     Services




                                                                    CUSTOMERS
                           integrated     solutions
                           solutions
               Equipment                               Lifecycle
                 sales     Power Plants   From spare   solutions
                           customised     parts to
                           solutions      service
                                          agreements




7 © Wärtsilä
We provide superior value to our customers with our
  flexible, efficient and environmentally advanced energy
 solutions, which enable a transition to a more sustainable
              and modern energy infrastructure.




8 © Wärtsilä
Power Plants offering

• We are a major supplier of flexible
  baseload power plants operating
  on various liquid and gaseous fuels
• We provide unique, dynamic
  solutions for grid stability, reserve,
  peaking, load following and
  intermittent power generation
• Our multi-fuel solutions for the oil &
  gas industry are used for reliable
  power generation, pumping and
  compression




               All applications are supported with tailored lifetime
               operation and maintenance services.

9 © Wärtsilä
Market trends and drivers

• GDP growth, electrification and increasing standard of
  living drive the growth of electricity demand
• Demand for sustainability and focus on climate change
• Rapid growth of intermittent renewable generation
• Increasing daily, weekly and seasonal demand
  fluctuation increase the need for flexibility
• Changing roles of fuels
  – New coal power plants difficult to permit in the
      western countries
  – Increasing role of gas, especially as a balancing fuel
  – The future of nuclear is uncertain




                The world needs affordable, clean, flexible and
                reliable power.

10 © Wärtsilä
Smart Power Generation – unique features


 Energy efficiency                                 Energy
 • Highest simple cycle electrical                efficiency
    efficiency
 • High efficiency regardless of
    ambient conditions                                              Operational flexibility
                                                                    • Unlimited, super fast, reliable
 • High plant efficiency over a wide
                                                                      starting and stopping with no
    load range due to multiple
                                                                      impact on maintenance schedule
    generating sets
                                                                    • Fast reserve, load following,
 Competitive generation cost and                                      peaking and baseload
 high dispatch                                 Smart
                                                                    • All ancillary services
                                              Power                 • Grid support, wind enabling
  Fuel flexibility                           Generation             Multi-tasking plant prepared for
                                                                    future markets
  • Continuous choice of the most
     feasible fuel
  • Solutions for
     – liquid and gaseous fuels
     – renewables
                                       Fuel               Operational
     – multi-fuel plants            flexibility            flexibility
     – fuel conversions
  Hedge for the future


11 © Wärtsilä
Smart Power Generation optimises energy systems



 In emerging markets, economic                   Affordable
 growth requires increasing
 investments in energy.

 In developed countries, the
 transition to solar and wind power
 brings daily variations that need
 to be balanced.                                   Smart
                                                  Power
                                                  System
 Efficient and flexible Smart Power
 Generation enables power
 systems to deliver affordable,       Reliable             Sustainable
 clean and reliable energy.



12 © Wärtsilä
Passion for optimising lifecycle value with
   modern and sustainable power solutions.


13 © Wärtsilä

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wartsila2

  • 2. Our roots and heritage Passion for engines. 2 © Wärtsilä
  • 3. Today we are much more than an engine company Passion for optimising lifecycle value for our customers with modern and sustainable power solutions. 3 © Wärtsilä
  • 4. Our mission, vision, and values We provide lifecycle power solutions to enhance MISSION the business of our customers, while creating better technologies that benefit both the customers and the environment. VISION We will be the most valued business partner of all our customers. VALUES ENERGY EXCELLENCE EXCITEMENT Capture opportunities and Do things better than Foster openness, respect make things happen anyone else in our and trust to create industry excitement 4 © Wärtsilä
  • 5. This is Wärtsilä POWER PLANTS SHIP POWER SERVICES 5 © Wärtsilä
  • 6. This is what we bring to the market ENVIRONMENTAL FUEL EFFICIENCY SOLUTIONS FLEXIBILITY 6 © Wärtsilä
  • 7. Our offering Ship Power Services CUSTOMERS integrated solutions solutions Equipment Lifecycle sales Power Plants From spare solutions customised parts to solutions service agreements 7 © Wärtsilä
  • 8. We provide superior value to our customers with our flexible, efficient and environmentally advanced energy solutions, which enable a transition to a more sustainable and modern energy infrastructure. 8 © Wärtsilä
  • 9. Power Plants offering • We are a major supplier of flexible baseload power plants operating on various liquid and gaseous fuels • We provide unique, dynamic solutions for grid stability, reserve, peaking, load following and intermittent power generation • Our multi-fuel solutions for the oil & gas industry are used for reliable power generation, pumping and compression All applications are supported with tailored lifetime operation and maintenance services. 9 © Wärtsilä
  • 10. Market trends and drivers • GDP growth, electrification and increasing standard of living drive the growth of electricity demand • Demand for sustainability and focus on climate change • Rapid growth of intermittent renewable generation • Increasing daily, weekly and seasonal demand fluctuation increase the need for flexibility • Changing roles of fuels – New coal power plants difficult to permit in the western countries – Increasing role of gas, especially as a balancing fuel – The future of nuclear is uncertain The world needs affordable, clean, flexible and reliable power. 10 © Wärtsilä
  • 11. Smart Power Generation – unique features Energy efficiency Energy • Highest simple cycle electrical efficiency efficiency • High efficiency regardless of ambient conditions Operational flexibility • Unlimited, super fast, reliable • High plant efficiency over a wide starting and stopping with no load range due to multiple impact on maintenance schedule generating sets • Fast reserve, load following, Competitive generation cost and peaking and baseload high dispatch Smart • All ancillary services Power • Grid support, wind enabling Fuel flexibility Generation Multi-tasking plant prepared for future markets • Continuous choice of the most feasible fuel • Solutions for – liquid and gaseous fuels – renewables Fuel Operational – multi-fuel plants flexibility flexibility – fuel conversions Hedge for the future 11 © Wärtsilä
  • 12. Smart Power Generation optimises energy systems In emerging markets, economic Affordable growth requires increasing investments in energy. In developed countries, the transition to solar and wind power brings daily variations that need to be balanced. Smart Power System Efficient and flexible Smart Power Generation enables power systems to deliver affordable, Reliable Sustainable clean and reliable energy. 12 © Wärtsilä
  • 13. Passion for optimising lifecycle value with modern and sustainable power solutions. 13 © Wärtsilä