SLB Limited · NYSE:SLB
SLB — 2022 Digital Forum
21 slides from SLB's conference presentation, Sep 21, 2022
Slide 1: New Energy Screening Tool
NEW ENERGY SCREENING TOOL 2022 Digital Forum Marc Senders | 21 September 2022 SLB-Private
Slide 2: Disclaimer, important notes and assumptions
INTRODUCTION Disclaimer, important notes and assumptions Information This presentation has been prepared by Woodside Energy Group Ltd (“Woodside”). By accessing/attending this presentation you agree to be bound by the following conditions. All information included in this presentation, including any
Slide 3: We are Woodside
OVERVIEW We are Woodside • We are a global energy company, proudly Australian with a spirit of innovation and determination. • We provide energy that the world needs to heat homes, keep lights on and support industry. • We aim to thrive through the global energy transition with a low-cost, lower-car
Slide 4: Woodside – Schlumberger Collaboration
NEW ENERGY SCREENING TOOL Woodside – Schlumberger Collaboration LONDON, August 20, 2019—”Schlumberger announced today an enterprise-wide deployment of the DELFI* cognitive E&P environment through a seven-year technology collaboration with Woodside Energy. Woodside will leverage this secure cloud-bas
Slide 5: NEST – New Energy Screening Tool
NEST New Energy Screening Tool 5 2022 Digital Forum SLB-Private
Slide 6: The objective: end-to-end right sizing
NEW ENERGY SCREENING TOOL The objective End-to-end right Optimise Sensitivities across all items sizing all components Of all components How do you plan, cost and design these $B systems? What-if? (scaling, concepts, cost evolution) 6 2022 Digital Forum SLB-Private
Slide 7: What are our system constraints?
NEW ENERGY SCREENING TOOL What are our system constraints? Hydrogen Demand Area of Interest - Customer location - Delivery / electrolyser location for shipping - Area of interest for wind Electrolyser Location Spatial constraint rasters - Existing electricity network - Land utilisation / availabilit
Slide 8: What data do we need to work with?
NEW ENERGY SCREENING TOOL Streamed in data What data do we need to work with? Wind models From very high MERRA (NASA) resolution spatial data Wind data - Needs to be enriched - Interpolated - Annualised Enrich the data - Want high potential annual average wind speeds High resolution temporal data Fi
Slide 9: Optimise for power, time and distance from infrastructure
NEW ENERGY SCREENING TOOL The solution: Optimise for power, time and distance from infrastructure Optimise to: - Maximise annualised wind power - Minimise distance to nearest transmission line - Minimise annualised grid power cost - Minimise transport losses Highest Power Spatial Raster Potential Ra
Slide 10: Optimise entire system for Levelized Cost Of Electricity
NEW ENERGY SCREENING TOOL The solution: Optimise entire system for Levelized Cost Of Electricity (LCOE) Optimise to find best performance of integrated electrolyser + grid + battery + wind farm sites Region 1…25 Target Region Regional Customer Battery Storage (electricity) H2 Storage Demand (NH3) NH
Slide 11: Results – location and cost of supply
NEW ENERGY SCREENING TOOL Results – location and cost of supply GENERATION ELECTROLYSER DELIVERED Wind Grid Wind Sites LCOE Japan / South Korea 1 $31.6/MWh LCOH Energy Production Capacity $3.7/k LCOH g 1.1GW $2.47/kg Electrolyser Consumption LCOA Grid Usage Capacity 6% 630 MW $644.2/ton Annual Gener
Slide 12: Real Cases
REAL CASES Allowing the system to search for the lowest cost configuration SLB-Private
Slide 13: Medium Ammonia / Year (30X)
NEW ENERGY SCREENING TOOL Medium Ammonia / Year (30X) GENERATION ELECTROLYSER DELIVERED • Economies of Wind Sites Japan / 1 LCOE South Korea scale $28/MWh LCOH +50% $42 Capacity $3.9/kg • LCOE drops 250MW LCOH $1.95/kg (-12.5%) LCOA Grid Usage 4% Capacity $682 /ton • Delivered costs 137 MW Annual Ge
Slide 14: Large Ammonia / Year (10X) – 1GW grid capacity constraint
NEW ENERGY SCREENING TOOL Large Ammonia / Year (10X) – 1GW grid capacity constraint GENERATION ELECTROLYSER DELIVERED 1.1GW • Transmission grid Japan / capacity limits scale Wind Sites LCOE 2 $34/MWh South Korea up +50% $53 LCOH Capacity LCOH $25.4/kg • Forced to use 1.1GW + $20.5/kg 530 MW battery
Slide 15: Very large Ammonia Year – Pipeline cases
NEW ENERGY SCREENING TOOL Very large Ammonia Year – Pipeline cases GENERATION ELECTROLYSER DELIVERED Wind Sites Japan / LCOE South Korea 2 $46.2/MWh LCOH Capacity LCOH $4.5/kg 6GW + $3.42/kg 673 MW LCOA Annual Generation Capacity 5.19 TWh $789/ton 3 GW 15 2022 Digital Forum SLB-Private
Slide 16: Insights
NEW ENERGY SCREENING TOOL Insights • Small pilot scale projects are expensive. • Lowest cost of Ammonia is achieved at 100s of kilotons per year. • Once transmission grid limit is reached, producing ammonia at site and transporting via pipeline becomes preferrable 16 2022 Digital Forum SLB-Private
Slide 17: Summary
NEW ENERGY SCREENING TOOL Summary How do you plan, cost and design these $Bn systems? Flexible & powerful Economic sensitivity across Extendable to all other main solution that can provide the full end-to-end workflow energy use cases (eg Solar) rapid insights Apply to any global location Automate f
Slide 18: The Team
NEW ENERGY SCREENING TOOL The Team 18 2022 Digital Forum SLB-Private
Slide 19: Addendum: H2Perth
ADDENDUM H2Perth SLB-Private
Slide 20: H2Perth: making WA a hydrogen powerhouse
NEW ENERGY SCREENING TOOL H2Perth: making WA a hydrogen powerhouse Proposal for a world-scale hydrogen and ammonia production facility Phased development: First phase focused on lower-carbon, low-cost and early hydrogen: 65 TJ/day natural gas and up to 250 MW electrolysis Project designed to abate,
Slide 21: Thank you for your attention
NEW ENERGY SCREENING TOOL Close Thankyou for your attention 21 2022 Digital Forum SLB-Private