Earths Energy Ltd · ASX:EE1
Earths Energy — Investor Presentation (February 2024)
16 slides from Earths Energy's investor presentation, Feb 8, 2024
Slide 1: Providing Australia with 24/7 Renewable Energy
Providing Australia with 24/7 Renewable Energy Delivering clean geothermal energy: Renewable, continuous, flexible, abundant, now Re-listing Presentation February 2024 1
Slide 2: Disclaimer
Disclaimer FORWARD LOOKING STATEMENT Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking information, including risks associated with invest
Slide 3: Earths Energy - a unique geothermal portfolio in Australia
Earths Energy - a unique geothermal portfolio in Australia Earths Energy has secured a substantial geothermal tenement footprint near potential customers in South Australia and Queensland Why Geothermal? “…the amount of heat within 10 km of • 24/7 renewable energy production: Differentiated from oth
Slide 4: Corporate Snapshot - a high calibre team of energy industry leaders
Corporate Snapshot - a high calibre team of energy industry leaders Board and Management Capital Structure Vendors 24% Management other 11% Matt Kay Grant Davey David Wheeler Chris Bath Dr Lawrence ‘Trey’ Meckel 65% Managing Director Executive Chair Non-Executive Director Finance Director Head of Su
Slide 5: Geothermal - a structurally advantaged source of renewable energy
Geothermal - a structurally advantaged source of renewable energy Structural advantages - high capacity factor and low cost Capacity Factor – renewable1 LCOE – dispatchable2 • 24/7 renewable energy production Biomass Coal • Geothermal has the highest capacity factor of renewables Hydro Power Biomass
Slide 6: Geothermal growth - steady, constrained to favourable locations
Geothermal growth - steady, constrained to favourable locations Geothermal energy is well established globally Historical Geothermal Generation – Installed Capacity MWe1 18000 • Geothermal energy has been produced for over 100 years and 16000 geothermal power plants have been installed in 30 countri
Slide 7: Advanced Geothermal Technologies – key to unlocking the vast resource
Advanced Geothermal Technologies – key to unlocking the vast resource Binary cycle power plants and advanced closed Next Generation Geothermal1 loop technology “The development of geothermal power has historically been confined to hydrothermal sites – shallower resources with high temperatures, natu
Slide 8: Technology advancements - driving increased drilling and investment
Technology advancements - driving increased drilling and investment Investment is ramping up rapidly Funding for next-gen geothermal has surged1 • Interest in next-generation geothermal technologies is driving Disclosed deal value for selected geothermal start-ups (US$mn) record levels of geothermal
Slide 9: Potential impact of technology – unlocking Australia and the World’s vast Geothermal resource
Potential impact of technology – unlocking Australia and the World’s vast Geothermal resource The bulk of geothermal resources remain unexploited Geothermal has potential to exceed 1,000 GW by 20501 “We think global geothermal • The International Energy Agency estimates that capacity has the potenti
Slide 10: Geothermal - This time it’s different for Australia
Geothermal - This time it’s different for Australia Why are there no geothermal projects currently in Australia? Australia now has the building blocks in place for geothermal • Not a supportive environment historically - level of • Renewable target of 82% renewable energy power by 2030 emissions was
Slide 11: South Australia Portfolio: Close to Lines and Mines
South Australia Portfolio: Close to Lines and Mines The leading renewable energy transition State • South Australia is the leading Australian state for renewable energy transition • Earths Energy has secured blocks totalling 12,035 km² • Located on trend with major transmission lines and mines inclu
Slide 12: Queensland Portfolio: Meeting East Coast Australia’s Growing Power Demand
Queensland Portfolio: Meeting East Coast Australia’s Growing Power Demand Large and strategic footprint • One tenement granted and three under application • EPG2026 provides access to grid supplying power to >75% of QLD population • Major transmission lines and power substations located on tenement
Slide 13: Key milestones for 2024
Key milestones for 2024 2023 Secure fit for purpose team including Board Secure Australian acreage under application Completed Independent Technical Expert Report on Queensland and South Australia Resource Potential 2024 Secure international technology partner Complete Environmental, Native Title an
Slide 14: Investment Highlights
Investment Highlights EE1 positioned to succeed in the renewable energy industry • Early mover in Australia: Assembled prospective and advanced geothermal opportunities across both Queensland and South Australia • Existing infrastructure: Portfolio of assets are near existing infrastructure and cust
Slide 15: Independent Technical Expert’s Statement
Independent Technical Expert’s Statement The information in this release that relates to resource estimates through the mapping of prospective areas and gross rock volumes, review of reservoir temperature and properties of rock formations, pore fluids and fracture systems within the metasediments an
Slide 16: For more information contact
For more information contact Matt Kay Managing Director 0401 988 824 mattk@ee1.com.au ee1.com.au | ASX: EE1
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