Provaris Energy Ltd · ASX:PV1
Provaris Energy — Shareholder Meeting (November 2023)
13 slides from Provaris Energy's shareholder meeting presentation, Nov 30, 2023
Slide 1: Annual General Meeting 2023
For personal use only Annual General Meeting 2023 30 November 2023 | ASX.PV1 www.provaris.energy
Slide 2: Important Notice and Disclaimer
This presentation and these materials (together the “Presentation”) have been prepared by Provaris This Presentation, including opinions set out in it, is based on information compiled or prepared by For personal use only Energy Ltd ACN 109 213 470 (ASX:PV1) (“Provaris”) as a summary of Provaris’ op
Slide 3: Global experience in energy infrastructure, utilities, ship newbuilds, operations, and capital markets
Global experience in energy infrastructure, utilities, ship newbuilds, operations, and capital markets For personal use only Martin Carolan Garry Triglavcanin Greg Martin Andrew Pickering David Palmer Managing Director Executive Director & Chief Chairman Non-executive Non-executive & CEO Development
Slide 4: 2023 Highlights
For personal use only 2023 Hydrogen > Highlights the cost-effectiveness and efficiency of compressed hydrogen Marine Transport > Underscores compression as the most compelling option for regional transport distances Comparison Report > Aligns perfectly with REPowerEU’s green hydrogen import targets
Slide 5: Accelerating innovation to bridge the gap with safe, simple, efficient and economic solutions
For personal use only Accelerating innovation to bridge the gap with safe, simple, efficient and economic solutions Energy Efficiency Why Compression? Why Provaris? Why Europe? First Principle > Safe and proven method for > Ambition to deliver 1Mtpa. > EU parliament approval of the storage and trans
Slide 6: Resulting in an increasing reliance on hydrogen
Resulting in an increasing reliance on hydrogen For personal use only Mid-2021: 2022: 2023: > “Fit for 55” = 5.6Mt of H2 required to > Ukraine War: focus on energy security and replace > H2 Backbone & H2 ready ports meet 2030 Net zero emission targets 50 bcm of Russian Gas (vs total 100bcm market) (
Slide 7: Realistic hydrogen supply chain analysis needs to account for the full value chain
Realistic hydrogen supply chain analysis needs to account for the full value chain: RE curtailment, Vector capital & For personal use only losses, Shipping, and Conversion back to gaseous hydrogen Solar/Wind RE to Deliver 100,000 tpa as Hydrogen * Key findings supported by German Federal Ministry Pu
Slide 8: Continued work on the agreed joint development activities for the 270MW FjordH2 export project in Norway
Continued work on the agreed joint development activities for the 270MW FjordH2 export project in Norway For personal use only Collaboration Norwegian Hydrogen AS, located Ålesund region > January 2023: MOU signed investigate green hydrogen export projects in the Nordic region utilizing Provaris com
Slide 9: Sharing a commitment with Gen2 Energy in green hydrogen production and exports
Sharing a commitment with Gen2 Energy in green hydrogen production and exports using compression as the delivery vector For personal use only Collaboration with Gen2 Energy AS, located Trøndelag region > MOU announced in June 2030 to undertake Feasibility Study for a large- scale export supply chain
Slide 10: Tiwi Islands Green Hydrogen Export Project
For personal use only > Continued focus for upcoming year remains on achieving satisfactory outcomes with stakeholders and the Tiwi Land Council > Focus remains on project agreements and secure land access required for the project development and construction activities > Design Feasibility complete
Slide 11: Construction and testing of prototype tank in Norway
For personal use only > Construction and testing of prototype tank undertaken in Norway Q1 CY2024 > Awarded Norwegian based Prodtex AS a contract to design, construct and test a prototype tank alongside Norway’s leading independent research organisation (SINTEF) > Successful test will lead to final
Slide 12: Hydrogen supply chain and storage solutions
H2 Production For personal use only H2 Carriers (H2Neo 430t & H2Max 2,000t) (Norway to Germany) Prototype Containment Tank for Gaseous Hydrogen (Carbon Steel, 250 bar) FjordH2 Project 42.5ktpa export Barge Storage 2 H2Neo + 1 H2Leo (H2Leo, bulk marine storage, 300-600 tonnes) Afjord Project 42.5ktpa
Slide 13: Q&A
For personal use only Q&A www.provaris.energy ASX.PV1 @ProvarisEnergy Martin Carolan Provaris Energy Ltd. Managing Director & CEO Level 17, KPMG Bygget, Sørkedalsveien 6, 0369 Oslo mcarolan@provaris.energy info@provaris.energy
Provaris Energy — Shareholder Meeting (November 2023) on 6ix