Carnegie Clean Energy Ltd · ASX:CCE
Carnegie Clean Energy — Marine Renewables Industry Association Ocean Energy Industry Forum 2012
18 slides from Carnegie Clean Energy's conference presentation, Feb 11, 2016
Slide 1: Irish Marine Renewables Industry Association Presentation
ASX Announcement 13th February 2012 Irish Marine Renewables Industry Association Presentation Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) was pleased to present its proposed Irish demonstration project at the Marine Renewables Industry Association’s (MRIA) Ocean Energy Industry For
Slide 2: About CWE Ireland, MRIA and CETO
The purpose of the Investigative Foreshore Licence is to conduct the initial investigations required to assist with further project design. Such investigations will inform and guide the next steps in the development of a CETO wave energy facility which will be the subject of subsequent and separate
Slide 3: CETO Technology characteristics and About Carnegie
CETO Technology characteristics include: CETO converts ocean wave energy into zero-emission electricity and desalinated water CETO is environmentally friendly, has no visual impact and attracts marine life CETO is fully submerged in deep water away from breaking waves, beachgoers and where it
Slide 4: Ocean Energy Industry Forum, Dublin
Ocean Energy Industry Forum Putting our Marine Renewables Resources to Work Dublin 10th February 2012 © Copyright Carnegie Wave Energy Limited 2012 1
Slide 5: Disclaimer
Disclaimer The information contained herein is confidential information. By accepting such information, the recipient agrees that it will, and it will cause its directors, partners, officers, employees and representatives, to use such information only to evaluate its potential interest in discussing
Slide 6: Carnegie Wave Energy (CWE) – snapshot
Carnegie Wave Energy (CWE) – snapshot Australian Stock Exchange (ASX) - CWE Shares on issue 1,021m Share price 5.1c 12-month share price range 5c – 13c Average daily volume $50,000 Market capitalization $52m Debt Nil Cash $7.5m • Australian inventor, owner and developer of proprietary wave energy te
Slide 7: Carnegie's World Class Relationships
Carnegie’s World Class Relationships • Grant of $12.5 million for Perth project • MoU for Perth project collaboration and offtake • Feasibility study for U.S. Naval Communications base • MoU to negotiate power purchase from Perth project • Collaboration agreement & concept funding for a 5MW Irish CE
Slide 8: Board of Directors
Board of Directors Dr. Michael Ottaviano, MD & CEO Grant Mooney, Chairman • Technology and R&D background • Extensive experience in capital raisings, • Clean Energy Council board member M&A and corporate governance • Member of Australian Government's • Director and company secretary to Energy White
Slide 9: Global Wave Energy Market Size
Global Wave Energy Market Size A - Global marine energy sector worth US$760 Billion by 2050 - Nearly $100 billion in estimated annual revenue by 2025 B - Equates to 2.5% of current global electricity production A UK Carbon Trust forecasts IEA, EIA, Frost & Sullivan, company estimates B © Copyright C
Slide 10: CETO is Unique in the Wave Energy Industry
CETO is Unique in the Wave Energy Industry © Copyright Carnegie Wave Energy Limited 2012 7
Slide 11: CETO Wave Energy – renewable water & power
CETO Wave Energy – renewable water & power CETO aims be the cheapest, most robust and widely adapted wave technology due to: • Engineered simplicity – pumps offshore, power and water production onshore • Scalable – modular array design, global resource & market • Flexible - variety of water depths,
Slide 12: Significant De-risking Over Last 4 Years & Major Milestones in Next 18 Months
Significant De-risking Over Last 4 Years & Major Milestones in Next 18 Months Completed 2013 2011 Commercial 2009 Demo scale projects mains/grid 2006 Commercial connected scale unit project(s) Multiple, demonstration Commercial 2003 commercial design units 1st Demo Rollout 1999 Prototype producing z
Slide 13: Targeted Global Project Pipeline
Targeted Global Project Pipeline © Copyright Carnegie Wave Energy Limited 2012 10
Slide 14: Irish Demonstration Project
Irish Demonstration Project Government Support • 2020 marine energy target • Marine energy feed in tariff (EU220/MWh) • Common user wave energy test facility • Grant funding Carnegie Activities • Dublin-based Kieran O’Brien CWE business development director • Established, 100% owned local subsidiary
Slide 15: Demonstration Project – County Clare Site
Demonstration Project – County Clare Site © Copyright Carnegie Wave Energy Limited 2012 12
Slide 16: CETO – cost competitive in an increasing number of markets
CETO – cost competitive in an increasing number of markets over the next 10 years Market power prices $/kWh 0.50 Short term (CETO LCOE ~ island diesel) 0.45 Medium term 0.40 (CETO LCOE ~ offshore wind) 0.35 0.30 0.25 0.20 0.15 0.10 0.05 - UK Islands Portugal Ireland France (RI) Chile Long term CSIRO
Slide 17: Upcoming Milestones: 3-6 months
Upcoming Milestones:3-6 months • CETO 4 deployment & operation • Strategic partners • Government grant decisions • Demonstration project location selection • Demonstration project construction commencement © Copyright Carnegie Wave Energy Limited 2012 14
Slide 18: Milestones
Milestones ©©Copyright CopyrightCarnegie CarnegieWave WaveEnergy EnergyLimited Limited2012 2012 15