Capsol Technologies Asa · OSL:CAPSL
Capsol Technologies Asa — CO2 Capsol — Pareto Securities' Power & Renewable Energy Conference 2023
17 slides from Capsol Technologies Asa's conference presentation, Feb 28, 2023
Slide 1: Accelerating the transition to a carbon negative future
Accelerating the transition to a carbon negative future Pareto Securities’ Power & Renewable Energy Conference 28 February 2023
Slide 2: About this presentation
About this presentation THIS PRESENTATION IS NOT FOR PUBLICATION NOR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA OR THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATED AND THE DISTRICT OF COLUMBIA) OR ANY OTHER JURI
Slide 3: Building a leading global carbon capture tech provider
Building a leading global carbon capture tech provider Safe and energy-efficient carbon capture technologies developed and commercialised since 2003 Our technologies are licensed out, either directly to customers or through global distribution partners The core process is based on a potassium carbon
Slide 4: Efficient capture process based on reusing energy
Efficient capture process based on reusing energy • Patented heat recuperation process minimising the main cost driver for carbon capture: Energy consumption • Superior health and safety performance • Extracts high-purity CO2 for utilisation or storage • Tested through successful projects and campai
Slide 5: Competitive solutions in an attractive business model
Competitive solutions in an attractive business model • ~40% lower capture cost vs comparable solutions1 due to patented energy Reduced energy consumption recuperation reducing energy consumption and capture cost • Potassium carbonate is a cheaper solvent compared to amines Low installation risk • P
Slide 6: 50% annual growth in CO2 capture required by 2030
50% annual growth in CO2 capture required by 2030 CO2 capture capacity in IEA’s net zero emissions scenario Required 2030-2050 1 200 1 100 1 000 Million tonnes CO2 per year 900 800 CO2 capture capacity 700 growth required annually 2030-2050 600 500 400 13% 300 200 100 0 2022 2030 Source: Source: IEA
Slide 7: New incentives boost CCS demand in both the US and Europe
New incentives boost CCS demand in both «The next decade will see the greatest industrial transformation of our times» the US and Europe Ursula von der Leyen, President of the European Commission, Special Address at Davos 2023 • Call on carbon capture is increasing • CCS (carbon capture and storage)
Slide 8: 2022 highlights
2022 highlights First large-scale project secured: 800,000 tonnes CO2 per year Stockholm Exergi’s Värtaverket will be Europe’s first large-scale negative emissions plant Two CapsolGo® demonstration units ordered – first in operation in Sweden from Q3 Successful demonstration for Öresundskraft in Swe
Slide 9: Building a leading global carbon capture tech provider
Building a leading global carbon capture tech provider Long-term targets Illustrative Order book Pre-tax profit 5% technology licensing market share Addressable Technology potential at 5% potential in order market 2030 – in licensing market share in book tonnes of CO2 opportunity the period at 50% m
Slide 10: Carbon capture technologies to support all industries
Carbon capture technologies to support all industries CapsolGo® Capsol EoPTM CapsolGT® demonstration units (End-of-Pipe) for gas turbines 700 tonnes CO2/year 100,000+ tonnes CO2/year 12,000 to 400,000+ tonnes CO2/year Mobile carbon capture demonstration unit A full capture system for large-scale CO2
Slide 11: Pipeline: ~100 active leads totaling more than 25 million tonnes of CO2
Pipeline: ~100 active leads totaling more than 25 million tonnes of CO2 Sales engineering Paid engineering Engineering Final investment In operation studies1 to build2 decision (FID)3 PROJECTS 90 3 1 MILLION TONNES 25 1.2 0.8 CapsolGo® fast-track2 PROJECTS 3 Technology licensing agreement4 Service a
Slide 12: Roadmap for establishing a leading market position
Roadmap for establishing a leading market position Winning initial projects Establishing leading position Scaling revenue 2022 2023-2025 2026-2030 • 2 CapsolGo® demonstration units in • Additional CapsolGo® demonstration • Reach 5% market share operation units • Consider extending scope per project
Slide 13: Investment highlights
Investment highlights 50% annual CO2 capture capacity • Path to net zero calls for minimum EUR ~21 billion of carbon capture technology growth required by 2030 capex to be sanctioned next eight years • Key segments: cement, biomass, Energy-from-Waste, power generation and industrial plants A competi
Slide 14: Madserud Allé 2, 0274 Oslo, Norway
Madserud Allé 2 0274 Oslo Norway Our vision is to accelerate the worlds co2capsol.com transition to a carbon negative future
Slide 15: Stockholm Exergi – progressing well
Stockholm Exergi – progressing well • Patent license agreement for use of CO2 Capsol’s End-of- Pipe (EoP) technology at Stockholm Exergi’s biomass powered Combined Head and Power (CHP) plant at Värtaverket in Stockholm signed in July 2022 • Värtaverket will be Europe’s first large-scale negative emi
Slide 16: Successful demonstration for Öresundskraft in Sweden
Successful demonstration for Öresundskraft in Sweden • The CapsolGo® unit has successfully run for 5-months proving that the technology is well-suited for Energy-from- Waste (EfW) • Strong interest from potential customers and other key stakeholders; 40+ visits and 10+ media articles in the period •
Slide 17: Entering Germany – largest CCS potential in the EU
Entering Germany – largest CCS potential in the EU • CO2 Capsol to open an office in Berlin during Q1, the first location outside Norway • 12-month contract for the delivery of two CapsolGo® campaigns at an Energy-from-Waste (EfW) and a biomass- fired Combined Heat and Power (CHP) plant, both for a
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