Provaris Energy Ltd · ASX:PV1
Provaris Energy — Investor Presentation (September 2021)
25 slides from Provaris Energy's investor presentation, Sep 6, 2021
Slide 1: Shipping solutions for the energy transition
Shipping solutions for the energy transition Compression | Simplicity | Efficiency Investor Presentation 6 September 2021 ASX.GEV www.gev.com
Slide 2: Important Notice and Disclaimer
This presentation and these materials (together the “Presentation”) have been prepared by Global Energy Ventures Limited ABN 53 109 213 470 (ASX:GEV) (“GEV”) as a summary of GEV’s operations and results for the purposes of a presentation to existing or potential investors in GEV. By Important Notice
Slide 3: Global Energy Ventures is an energy transition company enabling a trillion dollar hydrogen market
Global Energy Ventures (GEV) is an energy transition “ company enabling the development of a trillion dollar hydrogen market through compressed shipping. Our mission is to become the leading provider of storage and transport solutions for green hydrogen. ASX listed company Management Core IP is Comp
Slide 4: Corporate Overview
Corporate Overview Martin Carolan Garry Triglavcanin Maurice Brand Managing Director Executive Director Non-Executive Ordinary Shares on Issue (GEV.ASX) 456m & CEO & CDO Chairman Other Listed Exchanges Frankfurt, FRA:WS9 Market Capitalisation A$34m Cash Balance (30 June 2021) A$6.6m Listed Options o
Slide 5: Integrated business model covering the value chain for regional marine transport
Integrated business model covering the value chain for regional marine transport projects Operate Sustainable, safe and Own reliable operations Stable long term cash flows for project Build partners and financial Modular development optimisation Develop of projects aligned with the hydrogen market I
Slide 6: Global developer of integrated compressed shipping projects
Global developer of CNG Optimum for Natural Gas integrated compressed > Ready for Commercialisation > Patented design for 200MMscf > Full construction design approval shipping projects > Low CO2e supply chain emissions Targeting FEED level acceptance > Multiple development projects targeting the com
Slide 7: World first compressed hydrogen ship and zero carbon marine transport for hydrogen
Approval In Principle confirms no risks to prevent successful development World first compressed Hydrogen cargo capacity of hydrogen ship and zero 2000 tonne (AIP received) Wartsila electric 430 tonne (AIP Q3 2021) drive engines & carbon marine transport Ballard Fuel Cell systems for hydrogen Bulk h
Slide 8: Hydrogen market set for remarkable growth through to 2050
Hydrogen market set Green H2 production Hydrogen uses for remarkable growth through to 2050 > Green Hydrogen is a clean molecule to decarbonise heavy emitting industries > +30 countries established hydrogen strategies Industry demand forecasts will vary based on scenarios of > USD 70 billion in publ
Slide 9: Opportunity for GEV to be a market leader
NOW: FOSSIL FUELS Opportunity for GEV Thousands of ships moving natural gas, oil & coal to be a market leader 637 carriers transporting natural gas > Marine industry will need significant investment in supply chains to transport equivalent energy as hydrogen 100s dry bulk carriers 2,193 tankers > On
Slide 10: Compression provides a simple and energy efficient supply chain for green hydrogen transport
Compression provides a simple and energy efficient supply chain for green hydrogen transport Compressed Hydrogen Supply Chain 3 simple steps in a ‘pipe to pipe’ hydrogen supply chain Advantages of compression > Proven application of compression to deliver Hydrogen at a 1. COMPRESS / LOAD 2. STORE /
Slide 11: Compressed hydrogen shipping demonstrated as competitive at scale
Compressed hydrogen shipping 3.0 Hydrogen delivery costs (EUR/kg H2) - 1Mt H2/year, 2500km demonstrated as competitive at scale 2.5 2.0 > European Commission Joint Research Centre completed a comprehensive study evaluating the 1.5 delivery of 1 million tonnes of renewable hydrogen per year to a sing
Slide 12: Compression is a solution for offshore green H2 production
Cumulative installations for offshore wind farms (GW)* Compression is a solution for offshore green H2 production GEV currently evaluating compression to transport hydrogen produced by "off-grid” offshore wind farms > Government commitments across Europe >100 GW of offshore wind capacity by 2030.* >
Slide 13: Global pipeline of project development opportunities
Global pipeline of project development opportunities in support of the drive towards a zero-carbon future Screening of project opportunities continues to position compression as the solution for regional energy transport Iceland Germany Canada France > Advancement of CNG projects across four regions
Slide 14: MOU with 8GW HyEnergy Project to evaluate export of green hydrogen to Asia-Pacific
MOU with 8GW HyEnergy Project to evaluate export of green hydrogen to Asia-Pacific > Objective is to position Compressed Hydrogen as the preferred export method for the HyEnergy Project > Feasibility Study to evaluate the technical feasibility and delivered cost of green hydrogen to nominated market
Slide 15: GEV project developments in the September Quarter
GEV project developments in the September Quarter Source: Province Resources Ltd Site assessment and introduction to key stakeholders in Carnarvon Presentation to WA Government and Minister for Hydrogen > Formally engage global suppliers for compressors, piping and offshore loading system > Appointm
Slide 16: Offshore loading is low cost, simple and safe
Flexible line rests on sea Offshore loading is low floor when not connected cost, simple and safe. It avoids the commercial & Addition of Bow Loading System environmental challenges of a traditional port Anchor allows ship to weathervane Supply of compressed hydrogen from onshore facilities — — — —
Slide 17: Development Timeline and Milestones
Shipping Engineering and Approvals Development 2,000t Approval In 430t Full Class 430t First Timeline and Launch 2,000t & Supply Principle Approvals Operations Milestones 430t 430t 2,000t Chain Approval In Commence First Principle Construction Operations Q4 Q1 Q3 Late Early Target By Detailed progra
Slide 18: Investment Summary
Investment Summary Creating the fundamentals required for the storage and transport of hydrogen — — — — Hydrogen is now a top Very large market need Scoping Study confirms Compression reduces 10 global investment for economic storage and compression provides a the technical barriers thematic and fut
Slide 19: Contact
www.gev.com @GEVmarineCH2 Martin Carolan Managing Director +61 8 9322 6955 mcarolan@gev.com Perth: Suite 19 / 40 St Quentin Ave Claremont WA 6010 ASX.GEV Sydney: L14, 234 George St 19 Sydney NSW 2000
Slide 20: Appendices
Appendices 20
Slide 21: Scoping Study confirms compression delivers a competitive cost with zero emissions
Levelised cost for Scoping Study confirms Compressed Hydrogen, Liquefied Hydrogen & Ammonia compression delivers a competitive cost with zero emissions 100% Green supply chain analysis: > Export volumes of 50K; 200K & 400K tonnes pa > Market distances of 2,000; 4,000 & 6,000 n. miles Conclusions: >
Slide 22: Supply chain efficiency has significant impact on delivered cost
Supply chain Compression is the most energy efficient solution for delivery of efficiency has green hydrogen over regional distances significant impact Energy Rating for C-H2, LH2 and NH3 Use (kWh / kg H2) Losses (% day) Very High 10.0 + 2.0 + % on delivered cost High Moderate Low 5.0 – 10.0 1.0 – 5
Slide 23: Breakdown of energy usage (% of hydrogen delivered)
Breakdown of energy usage (% of hydrogen delivered) Yes, C-H2 has low energy density but the supply chain is energy efficient Illustrative example to demonstrate the energy penalty of each process in the hydrogen supply chain. Based on the delivery of 200ktpa of green hydrogen over a distance of 2,0
Slide 24: Marine CNG remains relevant to the energy transition
Marine CNG remains Advantages of Marine CNG Challenges ahead of natural gas > Highly competitive marine > New, 20-year term investments transport for regional distances in LNG are becoming relevant to the > (< 1000nm) Replaces large upfront capital > increasingly challenging Undeveloped and stranded
Slide 25: CNG validated as a solution for commercialising stranded gas
CNG validated as a solution for > Technical acceptance of the commercialising proposed export solution to load, store, transport and unload the rich gas specification. stranded gas > CNG ship fleet provides a reliable, available and maintainable solution for continuous gas export. GEV's CNG Commerci
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