Adx Energy Ltd · ASX:ADX
Adx Energy — Investor Presentation (May 2021)
23 slides from Adx Energy's investor presentation, May 4, 2021
Slide 1: Profitable Future with Green Hydrogen Storage
Profitable Future with Green Hydrogen Storage Strategic Business Case for H2 Storage Pilot Project in the Vienna Basin, Austria Investor Presentation ADX Energy Ltd, 4th May 2021
Slide 2: Who we are
Who we are ADX Energy Ltd (ADX) is an ASX listed Oil & Gas Company ADX is a rapidly growing European producer and explorer focusing on projects in Austria, Romania and Italy. We are also working on intelligent solutions to become a leading European energy producer and provider of solutions for a low
Slide 3: Where we are going
Where we are going Strategic Focus: To become a leading European focussed energy producer and the provider of energy solutions for a low carbon society ADX Values Fairness, integrity, honesty and transparency Create respectful, safe and rewarding workplaces Strive for excellence, innovation an
Slide 4: How to expand our business
How to expand our business Utilising our existing assets and skills to transform our business into zero carbon energy production and emission reduction technology business » Redeploying subsurface reservoirs Green Hydrogen Storage for safe, cost effective energy Vienna Basin storage or green energy
Slide 5: What we plan to do
What we plan to do A lighthouse project in the European energy market 1 Developing with partners the hydrogen (H2) storage opportunities in depleted ADX gas reservoirs in the Vienna basin. 2 Offering substantial storage capacity for renewable energy, essential for the decarbonisation of our society.
Slide 6: What we have
What we have Overview on the Vienna Basin Green Hydrogen Storage Great Fundamentals » Utilize oversupply of renewable energy in summer to generate green H2 » Store H2 in depleted ADX Energy reservoirs in the Vienna basin » Sell H2 in winter at premium pricing when there is insufficient energy supply
Slide 7: Our green hydrogen vision
Our green hydrogen vision To build a substantial, profitable & green H2 ecosystem for the energy sector 2030 Full ecosystem developed 2025-26 Small ecosystem 2023-24 Pilot project in operation Today, 2021 Initiation 100 MW » Integration of new » Comprehensive scaling of » Safe Hydrogen storage partn
Slide 8: Need for renewable energy storage
Need for renewable energy storage Matching the peaks of renewable production with energy demand in Austria Renewable energy production Austria Load in summer 2030 excluding water, biomass increase based on targets according to Erneuerbaren-Ausbau-Gesetz (EAG) MW 30 days (24th July till 22nd August)
Slide 9: H2 ecosystem development overview
H2 ecosystem development overview Phase 1 – Pilot Project – ADX position in the H2 value chain 2021 Energy H2 Production Processing Storage Transport and Use Production Partner Partner or Partner Wind energy Electricity Green H2 Green H2 Regional natural gas grid* Heating Solar energy H2 production
Slide 10: H2 ecosystem development overview
H2 ecosystem development overview Phase 2 – Full development project potential 2030 Energy H2 Production Processing Storage Transport and Use Production Partner Partner or Partner Green H2 and O2 to industrial customers Wind energy Electricity Green H2 to storage Green CH2 Regional natural gas grid*
Slide 11: ADX underground assets
ADX underground assets Several Reservoirs with half a million m3 storage capacity in Lower and Upper Austria ADX Exploration License Oil Reservoirs Vienna Basin Assets Asset Position Gas Reservoirs ADX owns licenses (exploration, production and Pipelines Refinery storage) for ~50 reservoirs in the V
Slide 12: How big is the ADX Underground Storage?
How big is the ADX Underground Storage? Illustrative Comparisons Area Energy Costs The subsurface hydrogen storage ADX can store in one large hydrogen It costs Tesla approx. € 150 MM to build reservoir (“sponge”) is approx. 20 hectares underground reservoir approx. 500 times their “giant” 200 MWh ba
Slide 13: Depth panorama ADX gas fields
Depth panorama ADX gas fields Bright energy future with underground storage reservoirs 3D seismic *Several reservoirs available, mid range figures shown per reservoir 13
Slide 14: Underground storage reservoirs
Underground storage reservoirs Large capacities well positioned to infrastructure and energy markets Reservoirs tested by many wells, historic gas storage operation and 3D seismic – safe hydrogen storage opportunity. Parameter* Unit Storage capacity The ADX hydrogen Reservoir depth 660 meters storag
Slide 15: Hydrogen storage capacity & costs
Hydrogen storage capacity & costs Cost effective storage potential for H2 that can be further expanded easily Power from 8 wind turbines (24 MW) The pilot reservoir alone has approx. is needed for 1 year to fill up the pilot 15% of the storage capacity reservoir with Hydrogen of the Maltakraftwerke²
Slide 16: Hydrogen trends
Hydrogen trends Compelling circumstances for H2 storage project development Increasing electrolyser capacity inline with ADX phase 1 Hydrogen blending in the natural gas grid up to 10% with requirements proximity to potential future H2 grid Installed electrolysis capacity (in GW) Position of ADX GAP
Slide 17: Hydrogen ecosystem development in Austria
Hydrogen ecosystem development in Austria Potential for innovative partnership opportunities for ADX H2 storage Announced Hydrogen projects in Austria H2 Hubs and examples of Hydrogen pilot projects 40km 1 Wind2Hydrogen pilot facility in Auersthal converted power from 20km wind turbines into transpo
Slide 18: Maturity of the Hydrogen economy
Hydrogen economy growth in Europe Perfect timing for ADX to take off Decarbonisation of >80% of CO2 emissions, with Hydrogen playing a key role Maturity of the Hydrogen economy Initiation of the pilot project in the Vienna basin Hydrogen start-up economy is National Hydrogen Strategy will be publish
Slide 19: Benefits for participants
Benefits for participants To be a partner in a sustainable energy project Being part of the Hydrogen megatrend gaining knowledge, increasing attractivity for stakeholders and improving reputation of the company Optimize value from seasonal energy trends overcoming the seasonality of the renewable en
Slide 20: Community Benefits
Community Benefits Sustainable future for the local community A more sustainable future Community recognition for sustainability and innovation through participation in green projects. Employment in low carbon industries Safeguarding well paid jobs in the region in a net zero society, creating susta
Slide 21: Next Steps for ADX
Next Steps for ADX Project status and immediate way forward Initiation of the pilot project 04 4 » Detailing of technical documents » Supplier pre-selection, application for funding, etc. Memorandum of understanding 3 » Agreement with potential Partners » Public announcement(s) 03 Concept in detail
Slide 22: Transforming our Business
Transforming our Business Profit from ADX assets for renewable energies and decarbonization technologies “ Low emissions production, renewable “ energy and decarbonising technologies including hydrogen are not just good for our planet - they are good business! Ian Tchacos Executive Chairman of ADX E
Slide 23: Committed to the Generation of Tomorrow
Committed to the Generation of Tomorrow