Invinity Energy Systems Plc · LSE:IES
Invinity Energy Systems — Investor Presentation (September 2021)
15 slides from Invinity Energy Systems's investor presentation, September 2021
Slide 1: Utility-Grade Energy Storage
Utility-Grade Energy Storage September 2021
Slide 2: Presenters
Presenters Larry Zulch Peter Dixon-Clarke Chief Executive Officer Chief Financial Officer ▪ CEO, Avalon Battery ▪ CFO, Kuwait Energy plc ▪ Over 25 years as CEO of investor- ▪ CFO, Hotspur Geothermal backed technology businesses ▪ CFO, Rockhopper Exploration plc ▪ Focus on companies transitioning fro
Slide 3: Invinity Vanadium Flow Batteries
Invinity Vanadium Flow Batteries INVINITY ENERGY SYSTEMS Utility-Grade Energy Storage Established Formed 2020; merger of redT energy (UK) and Avalon Battery (N. America) Expertise Over 150 employees, deep flow battery expertise. More than 70 patents. Proven Invinity VS3 50 projects, over 25 MWh inst
Slide 4: The Energy Storage Imperative
The Energy Storage Imperative Energy storage has always The global move toward been critical to generating primary energy sources electricity. introduces intermittency. Energy storage at a coal power plant in North Carolina Pre-production storage Post-production storage enables power plants to be en
Slide 5: Market Size Projections
Market Size Projections Analysts & researchers forecast immense growth… ….aligned with political will. California: “Governor proposes US$350m support for long-duration energy storage” BNEF UK: “Government’s US$100m long-duration energy storage funding competition underway.” IEA EU (IEA): “[Market de
Slide 6: Utility Grade Energy Storage Characteristics
Utility Grade Energy Storage Characteristics Lithium Ion Vanadium Flow Prone to catching on fire – difficult to No fire risk – electrolyte is mild, water- Safe put out. based, battery acid. Degrades with use – five to seven years Unlimited cycles – over 20 years of Long life of daily cycling. contin
Slide 7: Energy Storage Market Targets
Energy Storage Market Targets Urban Decarbonization 800 700 Tidal Dispatch Operating Reserves (FFR) Wind and Tidal Dispatch 600 CYCLES PER YEAR 500 Solar Dispatch 400 Solar Dispatch 300 Resilience Overnight Renewables 200 100 Peaker Replacement Low-production infilling Resilience 0 1 2 3 4 5 6 7 8 9
Slide 8: Energy Superhub Oxford
Energy Superhub Oxford THE UK’S LARGEST FLOW BATTERY ▪ Supporting Oxford’s decarbonization ▪ 2 MW / 5 MWh flow battery system ▪ Flow batteries for heavy cycling ▪ 27 Invinity VS3 batteries ▪ Construction / manufacturing currently underway ▪ First phase to go live within weeks 7
Slide 9: Yadlamalka Solar + Storage
Yadlamalka Solar + Storage WORLD’S LARGEST SOLAR-POWERED VFB ▪ 8 MWh Invinity Battery System + 6 MWp Solar PV ▪ Manufacturing underway ▪ 41 Invinity VS3s ▪ Australia’s largest flow battery ▪ First shipment H2 2021 Cycle 1 Charge Cycle 2 Charge 8
Slide 10: Soboba Fire Station
Soboba Fire Station CALIFORNIA ENERGY COMMISSION-FUNDED ▪ Delivering clean power to critical infrastructure ▪ 0.5 MWh flow battery system integrated with onsite solar PV ▪ 10-hours storage duration, supplying resiliency in a region heavily affected by wildfires ▪ Project to go live in San Jacinto in
Slide 11: European Marine Energy Centre
European Marine Energy Centre INVINITY TO DELIVER 1.8 MWH BATTERY SYSTEM . Paul Wheelhouse, Scottish Energy Minister ▪ Announced November 9th 2020 ▪ Tidal power > Invinity energy storage > Hydrogen electrolyser ▪ To be installed at EMEC in Orkney, Scotland ▪ Eight Invinity VS3s ▪ Delivery 2021 INVIN
Slide 12: Small Scale C&I Solar + Storage to Centralised Grid
2015 2018 2020 2023 SMALL SCALE C&I SMALL SCALE C&I DISTRIBUTED GRID ASSETS CENTRALISED GRID / 50 MW+ SOLAR + STORAGE 11
Slide 13: Utility-grade Energy Storage
Utility-grade Energy Storage September 2021
Slide 14: Element 23, readily available and more abundant than copper
Element 23, readily available and more abundant in the Earth’s crust than copper. Accessible reserves in Australia, South Africa, United States, Canada, Russia Virtually unlimited working life. 97% proven recovery rate from used electrolyte Electrolyte is ~70% water, non-flammable with no risk of th
Slide 15: Value streams and benefits of storage
▪ T&D cost deferral/avoidance ▪ Energy cost reduction ▪ Secure 24/7 renewable power ▪ Balancing & ancillary services ▪ Carbon reduction ▪ Fuel cost reduction ▪ Wholesale market trading ▪ Improved resiliency ▪ Carbon emissions reduction 14
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