Carnegie Clean Energy Ltd · ASX:CCE
Carnegie Clean Energy — Shareholder Meeting (November 2023)
20 slides from Carnegie Clean Energy's shareholder meeting presentation, Nov 14, 2023
Slide 1: Annual General Meeting November 2023
For personal use only Annual General Meeting November 2023 Carnegie Clean Energy Ltd ASX: CCE OTC: CWGYF 2023
Slide 2: Carnegie Clean Energy Opportunity
Carnegie Clean Energy Opportunity Global clean energy generation emissions targets are unlikely to be met without the scale, consistency and predictability of wave energy For personal use only ▪ Carnegie is a global leader in wave energy technology ▪ We have attracted more than €4.95m ($8m AUD) in i
Slide 3: Carnegie now ready to lead industry into commercial deployment
Carnegie Clean Energy Opportunity Carnegie now ready to lead industry into commercial deployment For personal use only ▪ Carnegie is a company at inflection point ▪ Our CETO technology is unique and we own the intellectual property for this world leading wave energy technology ▪ Contract to deploy,
Slide 4: Year in Review - EuropeWave
Year in Review - EuropeWave For personal use only • Tank test #2 completed with world-first RL control demonstrated • Design progressed to preliminary level This year was a • 1000 pages of documentation submitted at Phase 2 completion remarkable transformative • In September, Carnegie subsidiary CET
Slide 5: Pics
For personal use only Pics
Slide 6: Year in Review – MoorPower Scaled Demonstrator
Year in Review – MoorPower Scaled Demonstrator For personal use only • MoorPower modules designed and assembled • Considerable testing already complete • Challenges with components has led to delays • Barge structural upgrades and additions complete • Conclusion of testing and final commissioning ov
Slide 7: For personal use only
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Slide 8: Year in Review – Garden Island
Year in Review – Garden Island For personal use only • Revenues continue to be received for power sales under agreement with Defence • circa 900 tonnes of carbon equivalent avoided per annum This year was a • Payment of $1.5m received from panel supplier to support replacement of faulty panels remar
Slide 9: Carnegie Projects and Funding Secured
AGUAMARINA For personal use only A$1.9m (€1.2m) EuropeWave Funding secured Current A$6.2m (€3.7m) Funding secured Carnegie Garden Island Projects Microgrid MoorPower A$2.2m Valuation A$3.4m Conservative Valuation Funding secured 18
Slide 10: Our announcements this year are capturing public attention
For personal use only Our announcements this year are capturing public attention, building pride in what is being achieved 19
Slide 11: Pics
For personal use only Pics
Slide 12: Potential for wave energy
Potential for wave energy Wave Energy is a vast untapped opportunity For personal use only ▪ With the ocean covering more than 70% of Earth, wave energy is an enormous clean, renewable resource ▪ It’s the most consistent, predictable and abundant source of clean energy available day and night ▪ Wave
Slide 13: Global potential of the wave energy market
Global potential of the wave energy market For personal use only 40 GW €53bn p.a. 70 % 350 GW Ocean energy is coming. The Ocean Energy Europe forecast The amount of the world’s The International Renewable European Commission has set ocean energy to be a €53bn per surface covered by Energy Agency’s c
Slide 14: Look ahead – MoorPower
▪ Scaled Demonstrator final assembly and commissioning Look ahead – For personal use only ▪ Demonstrator deployment and MoorPower operation ▪ Analysis of real data captured from operating salmon feed barge ▪ Targeting formation of new MoorPower commercial scale project with commercial fish farmer 23
Slide 15: Look ahead – EuropeWave / CETO
▪ Approaching the crucial time of: • Finalising detailed design Look ahead – • Forming contracts with suppliers For personal use only EuropeWave / CETO • Ordering components ▪ Spain team expanding ▪ Working with BiMEP test site ▪ Identifying local marine operators 2424
Slide 16: Look ahead – Commercial Projects
▪ Discussing opportunities beyond EuropeWave with utilities, energy companies and project developers Look ahead – For personal use only Commercial ▪ New funding and other support Projects mechanisms emerging in Europe and US ▪ Europe is increasing ambition of targets and corresponding support mechan
Slide 17: Our experienced board with proven track record
Our experienced board with proven track record For personal use only Terry Stinson Michael Fitzpatrick AO Anthony Shields Grant J Mooney Non-Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director / Company Secretary Terry brings over 35 years of Committed to sustaina
Slide 18: Our world-class management team
Our world-class management team “Our team is delivering a For personal use only leading technology that is capturing Jonathan Fiévez Brighid Jay Dr Alexandre Pichard attention Chief Executive Officer Chief Commercial Officer Chief Technology Officer right around the world.” Jonathan brings considera
Slide 19: Be part of the Australian innovation that will unlock the power of the world's oceans
For personal use only Be part of the Australian innovation that will unlock the power of the world’s oceans 29
Slide 20: Carnegie Clean Energy Limited
For personal use only Carnegie Clean Energy Limited ABN 69 009 237 736 | ASX: CCE Phone: +61 (0)8 6168 8400 Registered office: Postal address: 21 North Mole Drive PO Box 39 North Fremantle North Fremantle WA 6159 WA 6159
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