Carnegie Clean Energy Ltd · ASX:CCE
Carnegie Clean Energy — Investor Presentation (June 2024)
16 slides from Carnegie Clean Energy's investor presentation, Jun 7, 2024
Slide 1: Investor Webinar 7th June 2024
For personal use only Investor Webinar 7th June 2024
Slide 2: CETO – Harnessing Ocean Waves
Our core technology is CETO – Harnessing Ocean Waves unique and avoids known A round object under water Description automatically generated issues For personal use only ▪ Water in waves move in an orbit. The buoy is forced to move in the same motion ▪ This kinetic energy is transformed by the three
Slide 3: We are unlocking the vast power of the ocean
We are unlocking the vast power of the ocean For personal use only Our global challenge is to deliver a Carnegie Clean Energy is a global transition to clean energy with the leader in wave energy technology. “The history of ability meet future demand for We are committed to harnessing the humanity h
Slide 4: Our wave energy technology recognised as a world leader
✓ Out of 36 international technologies that entered the EuropeWave PCP competitive programme, CETO was ultimately ranked number one. The technology was judged on criteria including LCOE, performance, reliability, availability and survivability For personal use only ✓ We have attracted more than €7.0
Slide 5: Global potential of the wave energy market
Global potential of the wave energy market For personal use only 40 GW €53bn p.a. 70 % 350 GW Ocean energy is coming. The Ocean Energy Europe forecast The amount of the world’s The International Renewable European Commission has set ocean energy to be a €53bn per surface covered by Energy Agency’s c
Slide 6: What Carnegie Does
What Carnegie Does ▪ Technology developer of ocean energy products and services • CETO Wave Energy Generator For personal use only • MoorPower • Mooring Tensioner • Wave Prediction & AI Control System ▪ Integrator and supplier of ocean energy devices • Assembly • Installation Carnegie • Technology a
Slide 7: How Carnegie Generates Revenue
How Carnegie Generates Revenue ▪ Technology royalties for the use of CETO - annual recurring contracted revenue over 20+ year life of clean energy projects For personal use only ▪ Margin on OEM revenue • Carnegie is the head contractor for all CETO components and manages the assembly and installatio
Slide 8: How Large is the Market?
How Large is the Market? ▪ The European Commission (EC) has set a target of 1GW installed ocean energy capacity by 2030 For personal use only ▪ This represents up to €5bn ($8.2b AUD) of capex on ocean energy projects by 2030 in the EU alone ▪ A market share of 10% to Carnegie would represent €500m (
Slide 9: EuropeWave Contracted Deployment
EuropeWave Contracted Deployment ✓ From initial 36 applicants, Carnegie’s ACHIEVE project ranked number one ✓ Judged on criteria including LCOE, performance, reliability, For personal use only availability and survivability ✓ €3.75m deployment contract awarded in September 2023 ✓ Design/procurement
Slide 10: Our complementary technology suite
Our complementary technology suite MoorPower Wave Predictor Mooring For personal use only ▪ Product able to Tensioner ▪ CETO derived technology to power moored offshore vessels (such as barges in the predict upcoming ▪ Provides passive aquaculture sector) through wave power. waves using AI up to ten
Slide 11: Aquaculture Needs Driving Development
Aquaculture Needs Driving Development MoorPower: ✓ Product developed based on requirements Wave Energy for and characteristics of offshore aquaculture For personal use only Aquaculture and ✓ BE CRC Supported Project Offshore Demand ✓ Consortium of partners including leading aquaculture companies Huo
Slide 12: Current Carnegie Projects
ACHIEVE Programme CETO Deployment in Europe €7.05m (A$11.6m) funding secured: For personal use only ▪ EuropeWave Contract €3.75m ▪ Spanish Government Support €1.2m Current ▪ Basque Energy Agency support €2.1m Carnegie Garden Island Projects Microgrid MoorPower Demonstrator A$2.2m Valuation Conservat
Slide 13: Our partners
For personal use only Our partners Carnegie has built a strong partner ecosystem Our partners include: 20
Slide 14: Our announcements are capturing public attention
For personal use only Our announcements are capturing public attention, building pride in what is being achieved 21
Slide 15: This innovation has the potential to bolster energy security
This innovation has the potential to bolster energy security, reliability and affordability globally Levelised cost of energy for Carnegie's CETO technology For personal use only is dropping on a trajectory that is meeting or exceeding the maturity pathway of the renewable technologies that came bef
Slide 16: Be part of the innovation that will unlock the power of the oceans
For personal use only Be part of the innovation that will unlock the power of the world’s oceans 25
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