Norsk Hydro Asa · OSL:NHY
Norsk Hydro Asa — Pareto Securities' Energy Conference 2022
10 slides from Norsk Hydro Asa's conference presentation, Sep 14, 2022
Slide 1: Building leading European battery players
Building leading European battery players Morten Halleraker, Head of Batteries Pareto Securities’ Energy Conference, 14 September 2022
Slide 2: Batteries enable the energy transition
Batteries enable the energy transition Necessary for green transport and sustainable power generation Auto industry European battery demand Replacing fossil fuels with electricity through batteries TWh Stationary storage 1.5 Vehicles +34% Power generation and storage Renewable energy storage to repl
Slide 3: Large gaps between announced supply and projected demand in Europe
Large gaps between announced supply and projected demand in Europe Announced supply vs. forecasted demand in Europe Battery capacity equivalents (GWh) 2025 2030 European demand from all segments: ~1 500 GWh Deficit of European graphite and anode capacity particularly high European demand from EV: ~9
Slide 4: Hydro aims to lead the way decarbonizing the industrial sector
Hydro aims to lead the way decarbonizing the industrial sector 1 Strengthen our position in low-carbon aluminium 2 Diversify and grow in new energy Profitability & Sustainability 4
Slide 5: Hydro has contributed to building robust battery companies since 2017
Hydro has contributed to building robust battery companies since 2017 Current positions Incoming assets • Part-owner since 2017 Currently • Founding partner and part- 24% ownership share owner (50%) since 2020 • Largest shareholder, board member • Board membership and and industrial partner industri
Slide 6: Vianode
Vianode Meeting the need for a sustainable, localized European active battery material supply chain • Localized active material production is critical for European battery production • World-leading sustainability by efficient processing technology and access to renewable energy A full-scale industr
Slide 7: Hydrovolt
Hydrovolt is Norway's first plant for recycling car batteries, with an initial Hydrovolt capacity of 25,000 EV batteries a year Europe’s largest battery recycling plant • Raw materials critical for energy transition • Recycling an essential part of the solution • Building on Norwegian EV market • Wo
Slide 8: Hydro Batteries strategy: Grow within circular solutions and anode materials, and scale front-runner Corvus
Hydro Batteries strategy: Grow within circular solutions and anode materials, and scale front-runner Corvus Develop a leading sustainable battery business by leveraging Hydro’s capabilities and create winning plays Raw materials Hydrovolt targeting 25% market Vianode targeting 30-35% market share in
Slide 9: Strong track-record and excellent pipeline
Strong track-record and excellent pipeline Targeting 3x value uplift on invested equity Invested equity value - Batteries NOK billions • Valuation of initial investments has developed well 3x 10 • Now focusing on executing growth within circular solutions and anode materials 8 • Investing with stron
Slide 10: Industries that matter
Hydro Industries that matter
Norsk Hydro — Pareto Securities' Energy Conference 2022 on 6ix