Frontier Energy Limited · ASX:FHE
Frontier Energy — Investor Presentation (February 2024)
14 slides from Frontier Energy's investor presentation, Feb 6, 2024
Slide 1: Clean energy to help fill Western Australia's growing supply gap
Clean energy to help fill Western Australia’s growing supply gap For personal use only ASX: FHE OTCQB: FRHYF February 2024 1 Artist impression of solar facility
Slide 2: Disclaimer
Disclaimer FORWARD LOOKING STATEMENT Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking information, including risks associated with invest
Slide 3: Waroona Renewable Energy Project snapshot
Poised to become one of Australia’s largest standalone renewable energy projects Waroona Renewable Energy Project snapshot Location For personal use only • 120km south of Perth near Waroona, WA • Close to existing infrastructure essential for renewables, including grid terminal, and skilled workforc
Slide 4: Perfectly positioned for the renewable energy transition
Perfectly positioned for the renewable energy CAPITAL transition STRUCTURE BUILDING A SCALEABLE 445m RENEWABLE ENERGY HUB Shares on issue For personal use only Stage One - 120MW Solar / +1GW of energy potential & large 80MW Battery – DFS Feb 2024 renewables hub (incl hydrogen) $134m At $0.30/ share
Slide 5: Clean energy transition is driving energy prices higher
Clean energy transition is driving energy prices higher Monthly WA Wholesale Electricity Price2,3 Current status of the renewable energy transition unseasonal For personal use only heatwave > 40oC • The world is rapidly transitioning towards renewable energy • Energy Prices in WA in 2023 Energy (Av.
Slide 6: Frontier's strategic advantages overcome key challenges in the clean energy transition
Frontier’s strategic advantages overcome key challenges in the clean energy transition Key issues How is this evident in WA? Frontier’s Advantage For personal use only Grids need modifications for renewables • Limited grid connections, Location in the largest transmission capacity, and capacity sect
Slide 7: Frontier's key advantage – grid connections at a central node
Frontier’s key advantage – grid connections at a central node Frontier’s high quality, unconstrained connection onto the SWIS enables uncurtailed renewable energy sales • The SWIS is the major electricity network in WA For personal use only • Peak operating demand - 4GW (NEM – 30GW) • WA Government
Slide 8: Adding a battery enables revenue uplift through arbitrage
Adding a battery enables revenue uplift through arbitrage Opportunity to increase received electricity price, while minimising risk of curtailment Electricity price follows supply and demand Electricity revenue uplift example – January 2023 For personal use only • WA has the most sunlight hours in t
Slide 9: WA's Reserve Capacity underpins battery development
WA’s Reserve Capacity underpins battery development Unique to WA and a major driver in development strategy Reserve Capacity Mechanism (RCM) Benchmark Reserve Capacity Payment1 For personal use only • RCM is unique to WA, not available in the Eastern States / NEM 330,000 • Under the RCM, generators
Slide 10: Frontier's Path to Production
Frontier’s Path to Production Near term contributor to WA Strongest ever market conditions BUILDING A SCALEABLE renewable energy strategy for renewable energy and For personal use only RENEWABLE ENERGY HUB hydrogen deployment Growth potential of +1GW of Major news flow as we progress renewable energ
Slide 11: For more information contact
For personal use only For more information contact Adam Kiley CEO +61 8 9200 3428 akiley@frontierhe.com ASX:FHE frontierhe.com ASX: FHE OTCQB: FRHYF frontierhe.com ASX:FHE / OTCQB: FRHYF | 11
Slide 12: Appendix – Renewable and battery projects for the SWIS
Appendix 1 – Renewable and battery projects for the SWIS WA renewable energy projects with announced development plans1 – 476MW new generation capacity so far announced, while 1,200MW to be closed by 2029. 1,335MW battery storage is planned to firm up renewables Project Forecast production Size Owne
Slide 13: Appendix – WA electricity prices are rising
Appendix 2 – WA electricity prices are rising Participants in the WA electricity market can receive revenue from three main sources Wholesale Market Sales1 (WEM) Reserve Capacity (RCP) Large Generation Certificates For personal use only • Over the last year the average price • Unique to WA as genera
Slide 14: Appendix - Stage One – 120MW Solar/80MW Battery
Appendix 3 - Stage One – 120MW Solar/80MW Battery Superior and stable returns, increased funding optionality and lower development risk compared to alternatives. Frontier continues to assess opportunities, including in hydrogen, for future expansion For personal use only Solar (only) Solar/BESS Hydr
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