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Low-carbon transportation: urban experiences and market solutions Seminar at KTH together with the French Embassy 3rd December 2013

Birgitta Resvik,Vice President, Corporate Relations Sweden

Fortum Corporation

Fortum – a utility company with broad geographical presence

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TGC-1 (~25%)

Power generation ~7 TWh

Heat sales ~8 TWh

OAO Fortum

Power generation 19.2 TWh

Heat sales 26.4 TWh

Russia

Poland Power generation 0.8 TWh

Heat sales 4.3 TWh

Baltic countries Power generation 0.4 TWh

Heat sales 0.9 TWh

Nordic countries

Power generation 51.6 TWh

Heat sales 14.5 TWh

Distribution customers 1.6 million

Electricity customers 1.2 million

Nr 3 Power

generation

Electricity

sales

Nr 2

Nr 1 Heat

Distribution

Nr 1

Key figures 2012 Sales EUR 6.2 bn

Operating profit EUR 1.9 bn

Balance sheet EUR 25 bn

Personnel 10,400

Great Britain Power generation 1.1 TWh

Heat sales 1.8 TWh

Utility sector has a long way to go to meet the decarbonisation target:

Big gap overall - Fortum still some way to go

3

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88

g CO2/kWh electricity, 2012

2012

68% of Fortum's total power generation CO2-free

93% of Fortum’s power generation in the EU CO2-free

Close to 100% of the ongoing investment programme

in the EU CO2-free

Average 338 g/kWh

192

Note:

Fortum’s specific emission of the power generation in 2012 in the EU were 42 g/kWh and in total 171 g/kWh.

Only European generation except “Fortum total“ which includes Russia.

Source: PWC & Enerpresse, Novembre 2012 Changement climatique et Électricité, Fortum Industrial Intelligence

EU2050

target at

20gCO2/kWh

by 2050

-~95 %

Transition towards Solar Economy

Solar Economy Solar based production with

high overall system efficiency

Reso

urc

e &

syste

m e

ffic

ien

cy

Finite fuel resources Large CO2 emissions Infinite fuel resources Emissions free production

Hig

h

Lo

w

Geothermal

Hydro

Wind

Sun

Ocean

Bio

Coal Gas

Oil Nuclear

today

Nuclear

tomorrow

CHP

CCS

Traditional energy production

Exhaustible fuels that burden

the environment

Advanced

energy production Energy efficient and/or

low-emission production

Copyright © Fortum Corporation

All rights reserved by Fortum Corporation and shall be deemed the sole property of Fortum Corporation and nothing in

this slide or otherwise shall be construed as granting or conferring any rights, in particular any intellectual property rights

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Charge & Drive - a platform for the future infrastructure

• Derived from Fortum’s EV experiences

since the 90-ties with the Charge & Drive

platform operational since 2011

• Full service Smart Charging operator with

turn-key installations, customer operations

and payment solutions

• Nordic Fast Charging network with 60

stations in the making and a leading

service provider in the no1 EV market

Norway

• The Charge & Drive platform is operating

charging stations in three countries as a

Service Provider also for other Utilities

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Charge & Drive – easy to use

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Infra- structure

Customer service

Installation / operation /

maintenance

IT

Charge & Drive is a platform designed to

meet the requirements of smart charging

business of an electrical vehicle

Including both the business side with

billing as well as the technical life cycle

management of charge points and daily

operations

The C&D business system currently

processes more than 2 billion

transactions per year

Continues development and release of

new features to meet new market

demands

Charge & Drive - Fast charges

• Connecting the Nordic capitals

– 50 fast charges will be installed

• 20 in Sweden

• 20 in Finland

• 10 in Norway

• Partners Fortum, McDonalds, Nissan, Preem

– Strong brands that offer EV owners charging at

prime locations that makes it easy to travel

– Charge and eat in 25 minutes!

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Charge & Drive - Norway

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• Fastest growing market in Europe

– Importante to be there!

– The best sold car in Norway in October was Nissan Leaf !

• User driven!

– We are developing services and hardware that we know

the customers want and need

• EV Market

– 14.500 EV (August)

– 1.000 EV sold in August

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Thank you!