Eden Innovations Ltd · ASX:EDE
Eden Innovations — Eden Energy — Cleantech Forum Melbourne 2010
27 slides from Eden Innovations's conference presentation, Mar 23, 2010
Slide 1: An Emerging Global Clean Energy Company
For personal use only AN EMERGING GLOBAL CLEAN ENERGY COMPANY CLEANTECH FORUM Melbourne 24 MARCH 2010 Greg Solomon Chairman March 10 1
Slide 2: Corporate Structure
For personal use only Corporate Structure Eden Energy Ltd (AUSTRALIA) Eden Innovations Ltd (Ireland) Energy Assets 100% Hythane Terratherma Company Pyrolysis Coal Bed Natural Gas Eden Energy Methane/Shale South Australia (Geothermal) LLC India Pvt Ltd and Gas to Gas (AUS) South Australia (USA) Liqui
Slide 3: Current Clean Energy Products
For personal use only Current Clean Energy Products Hythane® - High efficiency, ultra-low emission, premium blend of natural gas containing 5-7% hydrogen (by energy) - Patented blender for mixing the gas - Engine calibrations - Designing/ building refueling stations- First station built for IOC in I
Slide 4: Emerging Clean Energy Products
For personal use only Emerging Clean Energy Products Hydrogen and Solid Carbon Nantotubes Project without CO2 - Joint Venture with University of Queensland (Eden-50%) - Proposed JV with Indian Oil Corp to fund commercial prototype - Patent applications lodged in over 50 countries Methane Gas to Liqu
Slide 5: Current Energy Projects (for JV or spinout)
For personal use only Current Energy Projects (for JV or spinout) UK/South Wales - Coal Bed Methane JV-50% (1400km2) - Coal Bed Methane JV-5% (400km2)- Centrica - Potential for 1-4 tcf CBM gas UK/South Wales - Shale Gas/Conventional Gas JV-50% (1800km2) - Basins interpreted as part of Appalachian Ba
Slide 6: Hydrogen – Barriers to Market
For personal use only Hydrogen – Barriers to Market • Cost of producing high purity hydrogen for fuel cells • Storage – hard to compress/ low energy density • Lack of Infrastructure before market develops • The Solution – Hythane® - low purity hydrogen only needed - combustion stimulant only - small
Slide 7: Hythane - the transitional fuel
For personal use only Hythane ® - the transitional fuel H2 + CH4 Significantly lower pollution / Higher efficiency Hythane • Premium blend of Natural Gas - complies with natural gas standards - 5-7% H2 (by energy); 20% H2 (by volume) • Ultra-low emissions – 50% NOx /CO - meets Euro V emission standa
Slide 8: Storage Volume Comparison
For personal use only Storage Volume Comparison CNG, 300 km H2,<70 km in same tank H2, 300 km 4.5 times more volume Hythane, 300 km 1.3 times more volume March 10 8
Slide 9: Denver Hythane Emissions Results
For personal use only Denver Hythane® Emissions Results HOT 505 EMISSIONS, GRAMS/MI. 3 2.5 2 1.5 1 0.5 0 NG HY NG HY NG HY THC CO NOx Output of pollutants (grams per mile) of Natural Gas versus Hythane®. Source: Colorado Department of Health March 10 9
Slide 10: Hydrogen / Hythane at San Francisco Airport
For personal use only Hydrogen / Hythane® at San Francisco Airport • Alternative Fuel Station – 2010 Hydrogen fueling (by Linde) Hythane® fueling by Eden • Hythane® Vehicle Fleet Hythane Vehicle 27 Ford E450 parking lot shuttles Vehicles certified by California Air Resources Board March 10 10
Slide 11: SFO Fueling Station Conceptual Design
For personal use only SFO Fueling Station Conceptual Design March 10 11
Slide 12: SFO Fueling Station Plot Plan
For personal use only SFO Fueling Station Plot Plan March 10 12
Slide 13: Hythane in India
For personal use only Hythane® in India • Extreme urban air pollution – main driver • Increasing use of natural gas - up to 60% cheaper (per GGE) than diesel - increasing supply – 5Mtpa to 25Mtpa over 5 years - national rollout of pipelines and City Gas distribution networks - 2009 India adopts Hyth
Slide 14: First Public Indian Hythane Station
For personal use only First Public Indian Hythane® Station Delhi January 2009 March 10 14
Slide 15: Indian Gas Infrastructure Current & Future
For personal use only INDIAN GAS INFRASTRUCTURE CURRENT & FUTURE NANGAL BHATINDA DELHI BAREILLY GURGAUN AURAIYA LUCKNOW MATHANIA AGRA DISPUR JAGDISHPUR DAHEJ I & II BARMER KANPUR PATNA Courtesy of Gas Authority of India GWALIOR 10 mmtpa* PHOOLPUR KOTA JHANSI GAYA AGARTALA VARANASI LNG UJJAIN VIJAYPU
Slide 16: Hythane in India
For personal use only Hythane® in India • 2010 Largest hydrogen fuel demonstration project in world – in Mumbai • Objective- to establish economics of a commercial Hythane® operation • Parties- Gas Authority of India, MGL and Eden • Location- BEST (operates over 4000 buses- all on natural gas by 201
Slide 17: Hythane Economics and Revenue Model
For personal use only Hythane® Economics and Revenue Model • Hythane® fuel production costs approx 4% more than natural gas • Increased efficiency in Hythane engines ( 10-15%) targeted • Marginal increase only in cost of Hythane® vehicles- tuning change only • Eden's projected revenue sources: - sal
Slide 18: OptiBlend Dual Fuel System
For personal use only OptiBlend Dual Fuel System Displaces up to 70% of diesel fuel with natural gas in diesel engines Indian target market – hundreds of thousands of gensets / locomotives Huge cost savings Dramatic cost savings in full and part time applications Payback period less than 12 months f
Slide 19: Advantages of OptiBlend
For personal use only Advantages of OptiBlend Optimizes displacement at all loads No internal engine modifications or OEM control system changes Maintains full OEM power output Reverts automatically to 100% diesel if natural gas supply fails Uses natural gas, LPG or Hythane® Over 60% increase in bac
Slide 20: OptiBlend - Typical Power Production Costs
For personal use only OptiBlend-Typical Power Production Costs Assumptions: Diesel = $1.25/liter, Natural Gas = $10 mmbtu, Cummins K19 Genset March 10 20
Slide 21: Production of H2 and Carbon Nanotubes from CH4
For personal use only Production of H2 and Carbon Nanotubes from CH4 New process developed in JV with UQ Patent applications lodged in over 50 countries No CO2 – H2 becomes a very high value byproduct Produces hydrogen and single and multi-walled carbon nanotubes and carbon fibres - tensile strength
Slide 22: Energy Assets - Coal Bed Methane/Shale Gas (Wales, UK)
For personal use only Energy Assets - JV / Investors sought COAL BED METHANE/ CONVENTIONAL/ SHALE GAS (WALES, UK) • Eden - 50% Joint venture (with Coastal Oil and Gas) -11 Licences - 5% Joint venture (with Coastal Oil and Gas / Centrica)- 4 CSM licences - 50% Joint venture/Farm-in (with Coastal Oil
Slide 23: Energy Assets - Natural Gas (South Australia)
For personal use only Energy Assets - JV / Investors sought NATURAL GAS (SOUTH AUSTRALIA) Location: Proximal to Olympic Dam mining Seismic Large untested structure Proterozoic age, but very close to huge Drill target identified industrial gas market (Olympic Dam) Drilling targeted within 18 months P
Slide 24: Energy Assets - Geothermal South Australia
For personal use only Energy Assets - JV / Investors sought GEOTHERMAL- SOUTH AUSTRALIA 4 project areas, 15 licences/ applications GEL 185-adjacent to Geodynamics GEL 185- JV with Origin Energy- $1m + $500k expenditure for 70%. Access to Eden's H2 Technology Planned float of Terratherma on the ASX o
Slide 25: Equity Investment/Joint Venture Opportunities
For personal use only Equity Investment/Joint Venture Opportunities • Eden Energy Ltd - placement of shares to suitable parties (181.5 m currently on issue) - for working capital • Eden Energy India Pvt Ltd - equity contribution for shares or joint venture - to fund expansion • UK Gas - equity contr
Slide 26: Disclaimer – Forward-looking Statements and Projections
For personal use only Disclaimer – Forward-looking Statements and Projections Whilst reasonable care has been taken in compiling the forward projections in this presentation, they necessarily are based on many assumptions and factors that are beyond the control of the company and accordingly there i
Slide 27: Greg Solomon, Executive Chairman
For personal use only Greg Solomon Executive Chairman Level 40, Exchange Plaza, 2 The Esplanade, Perth, Western Australia, Australia. 6000 Telephone +618 9282 5889 Mobile +614 0206 0000 Fax +618 9282 5866 Email gsolomon@edenenergy.com.au Website: www.edenenergy.com.au March 10 27