Carnegie Clean Energy Ltd · ASX:CCE
Carnegie Clean Energy — Shareholder Meeting (November 2017)
27 slides from Carnegie Clean Energy's shareholder meeting presentation, Nov 15, 2017
Slide 1: Carnegie Presentation at Annual General Meeting in Perth
ASX Announcement 15 November 2017 Carnegie Presentation at Annual General Meeting in Perth For personal use only Please find attached presentation delivered today by Carnegie’s Chief Executive Officer Dr Michael Ottaviano at Carnegie’s Annual General Meeting, in Perth. For more information: Dr Micha
Slide 2: 2017 Annual General Meeting
For personal use only 2017 Annual General Meeting Dr Michael Ottaviano CEO & Managing Director Carnegie Clean Energy Commercial in Confidence & © Copyright Carnegie Clean Energy Limited 2016 11
Slide 3: Disclaimer
DISCLAIMER For personal use only The information contained herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or to participate in any trading strategy or to enter into any transaction. If any offer
Slide 4: Carnegie Overview
CARNEGIE OVERVIEW For personal use only • Carnegie is an ASX-listed developer of utility scale renewable energy projects. It a global leader in the delivery of solar, battery, wave and hybrid energy solutions • $11m cash, $29m in grants at last Quarter • Focused on the integration of complex systems
Slide 5: Macro drivers for Carnegie
Macro drivers for Carnegie For personal use only Atmospheric CO₂ concentrations have reached 403.3 parts per million. This is the highest level for at least 3 million years. At that time, the climate was 2-3 warmer than today’s average, and sea levels were 10 to 20 metres higher than current levels.
Slide 6: Macro drivers for Carnegie: growing solar PV market
Macro drivers for Carnegie For personal use only • Leveraged to exponentially growing solar PV market Source: Lazard, Unsubsidized Levelized Cost of Energy (LCOE) analysis for the year 2016 Source: International Energy Agency, 2017 Commercial in Confidence and Copyright Carnegie Clean Energy Limited
Slide 7: Macro drivers for Carnegie: growing battery market
Macro drivers for Carnegie For personal use only • Leveraged to exponentially growing battery market Source: Australian National University Centre for Sustainable Energy Systems, 2014 Commercial in Confidence and Copyright Carnegie Clean Energy Limited 2017
Slide 8: Macro drivers for Carnegie
Macro drivers for Carnegie For personal use only • Retail prices went up by 63 per cent in real terms (after adjustments for inflation). Source: ACCC, 2017 Commercial in Confidence and Copyright Carnegie Clean Energy Limited 2017
Slide 9: Macro drivers for Carnegie
Macro drivers for Carnegie For personal use only Source: Australian National University Centre for Sustainable Energy Systems, 2014 • >1.2GW of diesel generation installed in off-grid Australia at a cost of $240-450/MWh in fuel only (excluding capital costs). • Costs likely to rise over time and are
Slide 10: CETO update
Wave 6Energy CETO update For personal use only CETO 6 design • Diversified into solar and battery systems through the 100% acquisition of Energy Made Clean, a leading Australian renewable energy company focused on solar, battery and hybrid engineering, construction and maintenance. • Global microgri
Slide 11: CETO design update
Wave Energy For personal use only CETO 6 design update • Based on IP first lodged in 2013. US Patent granted in 6 November 2017. • Multi-tether design to capture heave (vertical) plus surge (horizontal) plus pitch (rotational) • Multiple smaller foundations, shared between units. • Improved rated ca
Slide 12: Albany Wave Energy Project
Wave Energy For personal use only Albany Wave Energy Project • Primary objective is to deploy the most competitive commercial design CETO unit at the site that optimizes the best performance with the lowest direct cost to CCE whilst managing risk. • Recently awarded $16m in WA Government grant fundi
Slide 13: Garden Island Microgrid Project, Western Australia
Garden Island Microgrid Project, Western Australia For personal use only • Carnegie’s first build, own, operate project • Offtake to Department of Defence for power and water • GIMG integrates: • Existing diesel generation and grid infrastructure. • Large scale 2MW solar PV farm. • 2MW/0.5MWh batter
Slide 14: GIMG sod-turning event August 2017
GIMG sod-turning event August 2017 For personal use only Commercial in Confidence & © Copyright Carnegie Clean Energy Limited 2016 23
Slide 15: GIMG sod-turning event: solar PV frames
GIMG sod-turning event August 2017 GIMG solar PV frames For personal use only Commercial in Confidence & © Copyright Carnegie Clean Energy Limited 2016 24
Slide 16: GIMG Battery Storage System
GIMG sod-turning event August 2017 For personal use only GIMG Battery Storage System Commercial in Confidence & © Copyright Carnegie Clean Energy Limited 2016 25
Slide 17: Northam Solar Power Station
Northam Solar Power Station For personal use only CommercialininConfidence Commercial Confidenceand andCopyright CopyrightCarnegie CarnegieClean CleanEnergy EnergyLimited Limited2017 2017
Slide 18: Northam Solar Power Station
Northam Solar Power Station For personal use only • Carnegie’s second build, own and operate project. • First merchant utility solar project in Western Australia. • 10MW solar power station in Northam, Western Australia (Located 100 km east of Perth) • First large scale solar project to be delivered
Slide 19: CSIRO Square Kilometre Array - Off-Grid Hybrid System
CSIRO Square Kilometre Array - Off-Grid Hybrid System For personal use only • Customer: CSIRO - world’s most sophisticated antenna system to have the most sophisticated solar/storage/diesel power system in the world. • Location: Off-grid, 645 km northeast of Perth, Western Australia • Scope: EMC eng
Slide 20: 2.6MWh Battery Convoy - July 2017
2.6MWH Battery Convoy- July 2017 For personal use only Commercial in Confidence & © Copyright Carnegie Clean Energy Limited 2016 30
Slide 21: Solar array with battery containers in place
For personal use only Solar array with battery containers in place Commercial in Confidence & © Copyright Carnegie Clean Energy Limited 2016 31
Slide 22: Esperance - POD SPS
Esperance - POD SPS For personal use only Commercial in Confidence & © Copyright Carnegie Clean Energy Limited 2016 32
Slide 23: Standalone Power Systems - Poles and Wires Replacement
Standalone Power Systems - Poles and Wires Replacement For personal use only • Customers: Horizon Power and Western Power (WA Government) • Location: Esperance and Ravensthorpe, ca. 500-700 km south-east of Perth, Western Australia • Scope: EMC engaged to design and construct cost effective and reli
Slide 24: RAAF Delamere - Microgrid
RAAF Delamere - Microgrid For personal use only • Customers: Lendlease Buildings (for Department of Defence) • Location: 400km south of Darwin, Northern Territory • Scope: EMC engaged to design and construct microgrid • Indicative of competitiveness of microgrids in off-grid locations versus diesel
Slide 25: Remote Monitoring & Operating Philosophy (Diesel Off)
Remote Monitoring & Operating Philosophy (Diesel Off) For personal use only Commercial in Confidence and Copyright Carnegie Clean Energy Limited 2017
Slide 26: Look forward
Look forward For personal use only • Construction commencement of Northam • Garden Island Microgrid Commissioning • CETO 6 detailed design and Albany project delivery • Commissioning of Northam • Results of current pipeline tendered D&C work – increasing tenders from utilities, Government and mining
Slide 27: Thank You
For personal use only THANK YOU Dr Michael Ottaviano CEO & Managing Director enquiries@carnegiece.com 08 6168 8400 Commercial in Confidence Commercial in Confidence and Copyright & © Copyright Carnegie Carnegie CleanClean EnergyEnergy Limited 2017 Limited 2016 37
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