Energy Storage India

Manish Kumar, Managing Director

AES Energy Storage

January 2017, Mumbai

Contains Forward Looking Statements

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Mission: Improving lives by providing safe, reliable and sustainable energy solutions in every market we serve.

About the AES Corporation:

AES Serves

10M CUSTOMERS

8 UTILITY COMPANIES

21,000 GLOBAL

WORKFORCE

6 4

17

MARKET-FACING

STRATEGIC BUSINESS UNITS

CONTINENTS

COUNTRIES

$37B TOTAL ASSETS

OWNED & MANAGED

$15B TOTAL 2015 REVENUES

36,000 MW GENERATION CAPACITY

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INDIA

420MW OPERATIONS

INDIA

1,320MW UNDER CONSTRUCTION

Contains Forward Looking Statements

3

Energy Storage is Going Global Largest fleet of battery-based energy storage, 9 years serving power needs around the world.

436 MW In operation, construction or late stage development

Contains Forward Looking Statements

4

Meeting peak energy needs in Southern California

San Diego Gas and Electric procures 37.5 MW in record time

LOCATION San Diego,

California

THE NEED Fast install of

reliable capacity

due to limitations

on other power

assets.

In southern

California where

resources are needed

to meet local peak

capacity needs

Deliver energy storage

for peak capacity

applications in 6

months.

Credit: Utility Dive

Contains Forward Looking Statements

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Will deliver 100 MW of peak power and 200 MW of flexibility for 20 years

Southern California Edison replacing aging infrastructure with energy storage; most cost effective solution for flexible power

LOCATION Long Beach,

California

THE NEED Environmentally

responsible and

highly flexible

resources in

preferred locations

In the densely

populated Los

Angeles basin with

limited site,

modernizing existing

generation sites is

critical.

California's

environmental

objectives and rapidly

changing net load

profile require clean,

fast ramping peak power

solutions to reduce

emissions and improve

utilization of

renewable energy.

Contains Forward Looking Statements

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Energy storage to maintain reliable service for solar customers

LOCATION Phoenix metro

area, AZ

THE NEED Renewable integration

and management of

distribution

reliability with solar

generation.

4MW of energy

storage as part of

Solar Partner

Program.

Areas with high

penetration of solar

APS is examining how to

integrate solar onto

the grid

Installation started in November 2016 and will be operational in early 2017.

Contains Forward Looking Statements

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Rapid and scalable deployments are transforming the energy network

Energy storage is providing energy resiliency

GRID EFFICIENCY CLEAN ENERGY

RENEWABLE INTEGRATION TWICE THE RESOURCE INCREASED RELIABILITY

Thanks!