ANNUAL REPORT 2011 T R L REPO A ANNU 11 11 11 MAGAZIN 12 REPORT Annual magazine Financials of EnviTec Biogas (Mio. EUR) 2011 2010 Q4 2011 Q4 2010 Sales 243.9 148.0 72.1 47.7 Germany 180.8 101.0 Abroad 63.1 47.0 Gross result 75.8 48.1 23.1 14.5 EBITDA 20.3 8.3 6.4 4.3 EBIT 10.8 1.0 2.8 2.0 Net income 7.6 2.3 1.5 3.2 Earnings per share 0.51 0.15 0.10 0.21 Employees 459 416 Orders on hand 170.9 252.6 thereof Own Plant Operation 19.4 38.1 thereof abroad 87.2 91.1 Incoming orders 177.0 236.0 6.7 50.9 Cancellation of orders 57.7 95.0 12.9 16.0 Orders completed 201.0 116.1 58.4 38.1 Installed electrical capacity 294.0 202.0 thereof abroad 48.7 29.5 Installed electrical capacity 34.4 46.0 thereof abroad 27.9 23.0 02 003 11 MAGAZIN 12 Annual magazine of EnviTec Biogas +++ Company news +++ Interviews, Statements and opinion +++ Projects, Technology, Countries PROJECTS IN FOCUS: HEMMINGEN ULRICH RAMsaier‘s biogas PLANT IS ONE OF THE TOP FIVE PERCENT OF BIOGAS PLANTS IN GERMANY WITH COMPARABLE USE OF SUBSTRATE PAGE 18 MARKET Energy market: Direct marketing of electricity Page 8 RESEARCH AND TECHNOLOGY Biomethane with membrane technology Page 12 REGIONS Boom country Italy and successful market Czech Republic Page 22 2 EDITORIAL EDITORIAL 3 DEAR READER, You are reading the first edition of our new EnviTec Maga- zine. From now on we would like to inform you on a yearly basis about the development of our company, the most important international markets, our innovative technology and new business segments. In addition to that we are looking behind the scenes and let people, who define the company, tell their stories: our employees. In 2012 we are celebrating a milestone anniversary and the belief, motivation and energy of our staff has guaranteed the success of our projects for the past 10 years. We have made great progress in the last decade. With our technology and our experi- ence we were market leaders from the beginning. We have won several awards for our groundbreaking technology. Our greatest award, however, are satisfied customers. During the last 10 years, we have created considerable value in agricultural areas with our biogas plants. Not only does biogas create jobs, but farmers could also assure the continuity of their agricultural businesses. The results are a sustainable way of thinking as well as support for local economies. Facts we are proud of. One has to admit that there has been a lot of controversy about biogas in Germany. The public discussion was dominated by prejudices and lack of knowledge. However, there has been a change of mind recently due to the governmental support for an EDITORIAL energy turnaround. The many advantages of biogas and its contribution to a successful transformation to renewable energy sources come more and more into focus. We take it as a confirmation of our pioneering work in the last 10 years. ENVITec‘s new yearlY MAGAZINE I’m inviting you to find out what EnviTec Biogas stands for, the possibilities of biogas WANTS TO INFORM CUSTOMERS, as an energy source and how our employees are working towards the energy turna- EMPLOYESS AND INVESTORS ABOUT round. We are looking forward to your feedback and contributions for further editions. OUR CURRENT ACTIVITIES. Jörg Fischer, CFO EnviTec Biogas AG 4 CONTENT CONTENT 5 Our editors are CONTENT looking forward to receiving your feed- back and contributions The new EnviThan for the next edition: plants from EnviTec represent the first magazin@envitec- environmentally friendly biogas.de upgrading technology for biogas. 18 32 With EnviTec Strom- kontor GmbH & Co. KG, A company depends At present, the Na- EnviTec allows plant on its employees. turenergie Glemstal operators to sell energy A motivated team is GmbH biogas plant using the market bonus the foundation of is one of the top five scheme. our success. percent of the biogas 08 12 plants in Germany with comparable use of substrate. 02 EDITORIAL 10 GREEN ENERGY is a result of innovative technolo- Regions 31 LATVIA IMPRINT fROM BIOMETHANE gy. Here you can find our newest Latvia offers great potential developments. Bio natural gas offers many 22 ITALY for biogas. Since entering the EnviTec Biogas AG EnviTec is one of the most impor- Boschstr. 2 04 CONTENT advantages and represents a market in 2011, EnviTec has built tant providers of biogas plants in four plants. 48369 Saerbeck growing market. EnviTec Energy Tel. 02574 8888-0 Projects in Focus Italy, where it is also one of the supplies both heating customers [email protected] ten fastest-growing companies in and energy providers. SERBIA [email protected] 06 Good to know … 18 HEMMINGEN its field. Spring 2011 marked the success- www.envitec-biogas.de Important and not so important At present, the Naturenergie ful market entry into Serbia. information regarding the biogas Glemstal GmbH biogas plant is 27 CZECH REPUBLIC Publisher: sector and EnviTec Biogas Research and Technology one of the top five percent of the At present, the Czech Republic EnviTec Biogas AG biogas plants in Germany with Chief Editor: is EnviTec Biogas’s strongest Inside the company 12 BIOMETHANE WITH comparable use of substrate. Thomas Bolte, Katrin Selzer, market in central and eastern Eu- Market MEMBRANE EnviTec Biogas AG rope. Hendrik van der Tol, manag- 32 OUR TEAM Concept and design: TECHNOLOGY 21 FRIEDLAND ing director of EnviTec Biogas 08 DIRECT MARKETING Two people who have been with Kreutzmann Unternehmens- The new EnviThan plants from The EnviTec-owned research Central Europe sheds light on the company from day one kommunikation, Hamburg OF ELECTRICITY EnviTec represent the first envi- plant in Friedland supplies almost this region. With EnviTec Stromkontor GmbH ronmentally friendly upgrading 1/3 of all households and many EnviTec MAGAZIN is available free, & Co. KG, EnviTec allows plant technology for biogas. community facilities with heat. 34 WHAT REALLY by post or e-mail. 30 GREAT BRITAIN Reproduction, even in part only with operators to sell energy using the MAtters to us … Energy from food waste at approval of the editorial staff. market bonus scheme. What bonds EnviTec employees 16 TECHNOLOGY 2011/12 Premier Foods in Wales as well Printed on 100% recycling paper. to their job and their company? We take pride in the efficiency as from NawaRo and Manure in We asked them … and reliability of our plants. This Wiltshire in the south of England. 6 GOOD To know … GOOD To know … 7 2002 2012 TEN YEARS ANNIVERSA- RY OF ENVITEC BIOGAS EnviTec Biogas has been in the market for biogas plants for 10 years and we were a leader from WITH BIOGAS PRODUCED FROM A the beginning. We grew rapidly, devel- , a natural- HECTARE OF CORN SILAGE oped groundbreaking tech- For its innovative tech- gas powered car can drive about 70,000 kilometres nology and gained more nology “EnviTec Feed- (almost twice the length of the equator). experience than any other control”, EnviTec Biogas company in the biogas sec- AG has been presented tor. For this reason we want with the “Münsterland to celebrate together with our Award for Innovation” customers, employees and by Münsterland e.V. suppliers. for the category “In- Furthermore we will publish a novative Energy”. company history which contains With this innovation important milestones, memorable award, which has good to know … experiences and the most exciting been presented moments of the last ten years. every two years since 1993, the Münsterland Information e.V. associa- on exhibition tion motivates Advertisements New foothold for an companies to Media reports 294 agricultural business implement forward-look- MWEL WAS ENVITEC’S INSTALLED Green energy CAPACITY at the end of 2011, with another WHAT ing ideas. A 34 MW under construction. Thereof 245,3 MW in total of 71 el GAVE ENVITEC Successfully companies Germany and 48,7 MWel abroad. operating plant of CUSTOMERS had applied for the in- AmONG OUR friends or family THE IDEA TO novation award. CUSTOMERS, BUILD A BIOGAS 300 Wh /kg 90% WOULD 33IS THE AVERAGE AGE of the EnviTec-employees el PLANT?* BUILD AN in Czech Republic as well as in Italy. ENVITEC PLANT Change in legislation AGAIN.* EMPLOYEES, worked for EnviTec Quality of the plant Biogas worldwide as Fast implementation of 31 December 2011. Most of them (379) References of friends and family worked in Germany, 300 WH /KG Closeness to manufacturer while 80 worked at the EL energy is in foreign locations of ENERGY 459 one apple. Continuously EnviTec Biogas. Service, consulting and hotline Efficiency of generated by-products can WHAT ARE the plant be profitably employed to THE MAIN CRITERIA produce electricity, heat Price of the plant FOR BUYING or bio natural gas. This A BIOGAS PLANT?* ABOUT 20 PERCENT OF reduces the accumulation of waste which production THE NATURAL GAS CON- plants would otherwise Wealth of experience SUMED IN GERMANY can be have to dispose of, often at replaced by the usable energy potential great cost. Renowned manufacturer of biogas. Technical concept Everything from one *according to a study conducted by the University source of applied sciences Göttingen 2011 8 MARKET MARKET 9 suit the market demand by means of a market bonus as percent of these additional revenues”, explains Thür- well as a flexibility bonus. The electricity from biogas is mann. In addition, the operator receives 60 percent of tradable in the market using the market bonus scheme.