(C-EU9.5a) Break down, by source, your organization’s CAPEX in the reporting year and CAPEX planned over the next 5 years.
Change from last year
Modified question
Rationale
Understanding an electric utility’s planned CAPEX for power generation in the reporting year and over the next 5 years informs the vulnerability of the organization to emerging climate-related risks and opportunities and the flexibility to continue the current technology portfolio at lower financial returns in a transition period to low-carbon technologies.
Response options
Please complete the following table.
| Primary power generation source | CAPEX in the reporting year for power generation from this source (unit currency as selected in C0.4) | CAPEX in the reporting year for power generation from this source as % of total CAPEX for power generation in the reporting year | CAPEX planned over the next 5 years for power generation from this source as % of total CAPEX planned for power generation over the next 5 years | Explain your CAPEX calculations, including any assumptions |
|---|---|---|---|---|
| Coal – hard |
Numerical field [enter a number from 0-999,999,999,999 using a maximum of 2 decimal places] |
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places] |
Numerical field [enter a number from 0-100 using a maximum of 2 decimal places and no commas] |
Text field [maximum 2,400 characters] |
| Lignite | ||||
| Oil | ||||
| Gas | ||||
| Sustainable biomass | ||||
| Other biomass | ||||
| Waste (non-biomass) | ||||
| Nuclear | ||||
| Geothermal | ||||
| Hydropower | ||||
| Wind | ||||
| Solar | ||||
| Marine | ||||
| Fossil-fuel plants fitted with CCS | ||||
| Other renewable (e.g. renewable hydrogen) | ||||
| Other non-renewable (e.g. non-renewable hydrogen) |
Requested content
General
- Complete all the cells within the table.
Primary power generation source (column 1)
- Please refer to the CDP Technical note on Biofuels for guidance on biomass/biofuel sustainability. If you report information in the “Sustainable biomass” row, provide the criteria used to classify the biomass as sustainable (e.g. certification) in the “Explain your CAPEX calculations, including any assumptions” column (column 5).
- When reporting for “Waste (non-biomass)”, only enter CAPEX associated with the non-biomass fraction. CAPEX associated with the biomass fraction should be reported under either biomass option.
- Hydropower does not include pumped storage which CDP regards as a form of managing or storing energy rather than primary generation.
- “Other renewable” and “Other non-renewable” are aggregations of any other renewable and non-renewable power generation sources you use that are not listed (e.g. renewably derived hydrogen or hydrogen derived from fossil fuels, respectively).
CAPEX in the reporting year for power generation from this source (unit currency as selected in C0.4) (column 2)
- Enter your organization’s CAPEX in the reporting year for each primary power generation source in column 1.
- CAPEX figures should be in the currency you selected in C0.4.
- If there was no CAPEX associated with a primary power generation source in the reporting year, enter “0” for the corresponding row(s).
- CAPEX figures should be based on your company-wide financial statement for the reporting year, consistent with your organizational boundary as disclosed in C0.5.
CAPEX in the reporting year for power generation from this source as % of total CAPEX for power generation in the reporting year (column 3)
- For each primary power generation source, enter your organization’s CAPEX in the reporting year for that power generation source (as reported in column 2) as a percentage of your organization’s total CAPEX in the reporting year for power generation.
- The sum of figures entered in this column for all rows should not exceed 100%.
- If there was no CAPEX associated with a primary power generation source in the reporting year, enter “0” for the corresponding row(s).
CAPEX planned over the next 5 years for power generation from this source as % of total CAPEX planned for power generation over the next 5 years (column 4)
- Enter your organization’s CAPEX planned for each primary power generation source as a percentage of your organization’s total CAPEX planned over the next 5 years.
- The sum of figures entered in this column for all rows should not exceed 100%.
- If you do not have any CAPEX planned for over the next 5 years for a primary power generation source, enter “0” for the corresponding row(s).
- It is acknowledged that figures entered for this column will be estimates. You may, for example, estimate planned CAPEX for a power generation source based on your organization’s strategy, financial planning, and/or climate transition plan. Assumptions underlying these estimates should be disclosed in column 5.
- Note that “the next 5 years” start from the end of the reporting year as reported in C0.4 e.g. if your reporting year in C0.4 is from 01/01/2021 to 31/12/2021, then the next 5 years will be from 01/01/2022 to 31/12/2026.
Explain your CAPEX calculations, including any assumptions (column 5)
- For each primary power generation source:
- Explain how you calculated the figure reported in column 3 “CAPEX in the reporting year for power generation from this source as % of total CAPEX for power generation in the reporting year”.
- Explain how you estimated the figure reported in column 4 “CAPEX planned over the next 5 years for power generation from this source as % of total CAPEX planned for power generation over the next 5 years”. Briefly describe any assumptions on which your estimation is based.
- If you report information in the “Sustainable biomass” row, provide the criteria used to classify the biomass as sustainable (e.g. certification) here.
Explanation of terms
- Capital expenditure (CAPEX): Capital expenditure (CAPEX) are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment, often used to undertake new projects or investments by the firm.
