1414 Degrees Ltd. · ASX:14D
1414 Degrees — Investor Presentation (June 2023)
20 slides from 1414 Degrees's investor presentation, June 2023
Slide 1: The Future of Clean Heat
THE FUTURE OF CLEAN HEAT A low-carbon revolution for industry JUNE 2023 s SIBOX™ TECHNOLOGY rl Ir
Slide 2: Disclaimer
DISCLAIMER The material contained in this document is a presentation of general information about the activities of 1414 Degrees Ltd and its related bodies, current as at the date of this presentation. It is provided in summary and does not purport to be complete. You should not rely upon it as advi
Slide 3: 1414 Degrees Ltd
1414 DEGREES LTD – Gas replacement technology to electrify industrial processing – Efficient thermal energy storage for reliable heat supply – Multi-disciplinary team of technical specialists – Listed on ASX in Sep 2018 (ASX:14D) >3500 shareholders – Dedicated workshop for silicon storage media R&D
Slide 4: Our Market Is High Temperature Industrial Heat
OUR MARKET IS HIGH TEMPERATURE INDUSTRIAL HEAT • McKinsey & Company estimate long duration energy storage, including thermal, would produce energy savings of US$540 billion per year • High temperature industrial heat has no commercial options to stop the use of fossil fuels • 14D’s silicon technolog
Slide 5: Decarbonising High Temperature Process Heat
DECARBONISING HIGH TEMPERATURE PROCESS HEAT Cement Criteria for clean INDUSTRIAL heat - 4.1 Billion tonnes produced in 2022 - 4,300 TWh of energy required - 27% of world’s industrial CO2 emissions Ultra-high temperature - $160 billion annual energy costs Flexible operation Alumina Power, temperature
Slide 6: Proving Performance with SiBox Demonstration Module
PROVING PERFORMANCE WITH SIBOX DEMONSTRATION MODULE Compact storage delivers big result for industrial processing ü Trial runs used stored heat only ü Latent heat of silicon provided stable air output at 800oC for 5 hours without control system ü With control system: ü 11 hours of very stable output
Slide 7: The Science of Silicon
THE SCIENCE OF SILICON SiBrick™ harnesses the high temperature latent heat of silicon, to convert renewable electricity to zero- carbon heat for high temperature industries Temperature (°C) Silicon’s latent heat is key to stable high temperature heat supply and high density energy storage SiBox® ene
Slide 8: SiBrick Outperforms for Thermal Storage
SIBRICK OUTPERFORMS FOR THERMAL STORAGE SiBrick™ = latent portion of total stored energy
Slide 9: SiBox Is Competitive with Fossil Fuels
SIBOX IS COMPETITIVE WITH FOSSIL FUELS SiBox for gas replacement Stable high temperature air supply Can charge and discharge SIBOX INCREASINGLY COMPETITIVE WITH GAS simultaneously and independently Can be programmed to charge from electricity when prices are low to reduce energy cost Enables industr
Slide 10: SiBox: Decoupled Charge-Discharge Gives Flexibility & Cost Control
SIBOX: DECOUPLED CHARGE-DISCHARGE GIVES FLEXIBILITY & COST CONTROL 16H DEMAND CONSTRAINT 24H DEMAND CONSTRAINT CHARGING WHEN ELECTRICITY IS Simultaneous charge-discharge CHEAPER* 16hr heat output 24/7 heat output *Example from Australian NEM
Slide 11: Using SiBrick to Electrify Industrial Processing
USING SIBRICK TO ELECTRIFY INDUSTRIAL PROCESSING In novel electric reactor In SiBox hot gas lining with storage generator for industrial processes In regenerative furnaces for heat recovery Regenerative Furnaces – Side Port (Cross-fired), Tecoglas.
Slide 12: SiBox Demonstration Module
SIBOX DEMONSTRATION MODULE — 1 MWh thermal storage device commissioned 2023 — Electric elements store heat in wall of bricks — Delivers stable hot air supply at set temperatures ranging up to 900°C — Design prioritises access to storage media bricks. Commercial scale >90% efficient — Features a sing
Slide 13: Technology Commercialisation Partners
TECHNOLOGY COMMERCIALISATION PARTNERS Global refractory brick market of ~1.3 trillion bricks per year TOP-TIER REFRACTORY MANUFACTURER o Refractory manufacturer develops, manufactures, and installs high-grade refractories for high-temperature industrial processes o Systems supplier offering customis
Slide 14: Projected Technology Commercialisation Timeline
PROJECTED TECHNOLOGY COMMERCIALISATION TIMELINE 2020 - 21 2022 2023 Brick Development SiBox Demonstration Module SiBox Testing 2007 400 400 Bricks Bricks 2024+ 2025+ 2028+ 10-100MWh SiBox Pilot Mass Production of SiBrick GWh Commercial SiBox 4000 400,000 100,000 + Bricks SiBox
Slide 15: High Temperature Clean Heat Applications Are Significant
HIGH TEMPERATURE CLEAN HEAT APPLICATIONS ARE SIGNIFICANT High Temperature Applications [>800°C] Cement & Lime processing (900°C) Hydrogen production for ammonia synthesis and subsequent conversion to urea/fertilizers Woodside Alumina - Bayer’s Calcination Process (1000°C) Source: ITP Renewable Energ
Slide 16: A Huge Market Is Opening to Long Duration Energy Storage
A HUGE MARKET IS OPENING TO LONG DURATION ENERGY STORAGE SiBox will initially target three industries with energy costs exceeding $400 billion SiBox can increase their production efficiency SiBox can reduce emissions by displacing a share of fossil fuel use in existing plants SiBox will make other e
Slide 17: Aurora Energy Project
AURORA ENERGY PROJECT Near term cash flow potential
Slide 18: Aurora Energy Project 140MW BESS
AURORA ENERGY PROJECT 140MW BESS 140MW battery system on 275kV transmission line connected to NEM SA Crown land lease with approvals Electranet own and operate the 275kV line Requires BHP to agree to share and convert transmission line to dedicated network asset (DNA) BESS timing dependent on DNA ag
Slide 19: Strong Project Team, Fast Payback Projected
STRONG PROJECT TEAM FAST PAYBACK PROJECTED Aurora 140MW BESS Projected* first 5 year net revenues for modelled scenarios 1 and 2 hours of storage 120 Millions $ 100 80 60 40 20 - 2025 2026 2027 2028 2029 2 hour unconstrained & contingency 2 hour unconstrained 1 hour unconstrained & contingency 1 hou
Slide 20: ASX: 14D Contact
ASX: 14D Contact: info@1414degrees.com.au +61 8 8357 8273