White Energy Company Limited · ASX:WEC
White Energy — Clean Energy Summit (October 2007)
22 slides from White Energy's conference presentation, Oct 29, 2007
Slide 1: Company Overview
For personal use only White Energy Company Limited (ASX : WEC) Company Overview
Slide 2: Forward Looking Statements
Forward Looking Statements For personal use only Except for the historical information contained herein, the matters discussed in this presentation contain forward-looking statements, including statements, containing the words “planned”, “expects”, “believes”, “strategy”, “opportunity”, “anticipates
Slide 3: Company Snapshot
Company Snapshot For personal use only • Listed: Australian Securities Exchange (ASX: WEC) • Principal activity: Commercialisation of coal technologies • Issued shares: 124 M fully paid ordinary shares • Recent share price: A$2.84 (15th October 2007) • Equity market capitalization*: A$352 M WEC Trad
Slide 4: Overview
Overview For personal use only • The world needs coal: Of the resource options available for the world’s sustainable energy needs, coal plays a vital role. Economics and security of supply warrant the use of coal. Coal is abundant, affordable, available and reliable. • Coal needs to be clean to be v
Slide 5: Business Fundamentals
Business Fundamentals For personal use only • The White Coal Technology is commercially sound: The process, which was developed by the CSIRO has been shown to be cost and operationally superior to competing technologies. Its key advantage is that a potentially large number of low quality, high moist
Slide 6: 2007 Highlights
2007 Highlights For personal use only • BHP Billiton endorsement through appointment as marketing agent and provision of funding package • Joint venture with Bayan Resources finalised and construction of first Indonesian plant commenced • Second Indonesian joint venture announced with Adaro Group an
Slide 7: For personal use only
For personal use only White Energy owns the global marketing rights to the patented White Coal Technology, a process that removes moisture from lower grade coals to significantly improve the heat energy content and quality of those coals.
Slide 8: Technology Overview
Technology Overview For personal use only The White Coal Technology (developed by the CSIRO) processes high moisture sub-bituminous coal resulting in: • Higher energy value: demonstrated to produce ~11,000 BTU/lb (6,200 kcal/kg) coal briquettes from ~8,000 BTU/lb (4,500 kcal/kg) sub bituminous coal;
Slide 9: The Technology – Low Scale-Up Risk
The Technology – Low Scale-Up Risk For personal use only • WEC’s successful 90,000 TPA demonstration plant is now ready to be scaled up • With minor design modifications, WEC is taking its proven 90,000 TPA technology and replicating it (utilizing standardized components that have been used by indus
Slide 10: For personal use only
For personal use only Dwindling reserves of oil and natural gas suggest that their contribution to world energy use will show modest growth at best. Any new demand will be met partly by carbon- free energy sources, but mostly by coal.
Slide 11: Market Overview - Global
Market Overview - Global For personal use only • Globally there are 465.3 billion tonnes of proven sub-bituminous and brown coal reserves. These coals have been relatively under developed because of the poor transport and utilization efficiencies resulting from their high moisture and low energy con
Slide 12: Market Opportunity - Asia
Market Opportunity - Asia For personal use only • Asian Coal Outlook • Global thermal coal import demand (seaborne plus land- borne) is forecast to grow by 116Mt between 2005 and 2015. • Demand for thermal coal in Asia will grow by 77Mt accounting for 66% of total growth. • 40.7Mt or 55% of thermal
Slide 13: Market Overview – North America
Market Overview – North America For personal use only • North American Coal Outlook Initial US Target: Powder River Basin • Major users are US power utilities who have switched from local bituminous coals to avoid the need for costly flue gas desulphurization plants. • Central Appalachian Compliance
Slide 14: For personal use only
For personal use only “Coal needs to be clean to be viable. Technologies already exist, the issue is their application.” Source: World Energy Council, 2007
Slide 15: Coal Utilisation Roadmap
Coal Utilisation Roadmap For personal use only Coal is rapidly moving from being an undifferentiated commodity to a variety of specific purpose high value end products. This paradigm shift is being driven by both changes in global energy economics and increasing environmental concern. From Coal Coal
Slide 16: White Energy Technology Strategy
White Energy Technology Strategy For personal use only White Energy’s long term objective is to be a key participant in the drive towards a zero emissions world. In order to achieve this goal, White Energy’s strategy is to: Act as an enabling technology partner today: • Coal upgraded by White Coal T
Slide 17: An Enabling Technology Provider
An Enabling Technology Provider For personal use only From Coal Coal From Mines Pre Combustion Technology (White Coal Technology) • White Coal Technology is a value process that is utilised prior to combustion / gasification / liquefaction of coal • White Coal Technology reduces moisture, increases
Slide 18: A Facilitator to Zero Emissions
A Facilitator to Zero Emissions For personal use only Efficiency Improvements Advanced Technologies White Coal + + + Zero Emissions Existing Power Plants New Power Plants Coal upgraded by the White Conventional sub-critical plants can Integrated gasification Carbon capture and storage can reduce Coa
Slide 19: For personal use only
For personal use only In a world of rising fuel prices, political instability in fuel-rich countries and heated concerns about the environment, improving the use and efficiency of existing energy sources, including coal, is a matter of paramount importance.
Slide 20: Management Team
Management Team For personal use only White Energy has assembled a diverse, experienced team that includes experienced business executives, coal executives and coal technologists: • Travers Duncan (Executive Chairman White Energy Technology Limited): Civil engineer with over thirty years’ experience
Slide 21: Summary
Summary For personal use only • The world needs coal: Of the resource options available for the world’s sustainable energy needs, coal plays a vital role. Economics and security of supply warrant the use of coal. Coal is abundant, affordable, available and reliable. • White Energy has a technology t
Slide 22: For personal use only
For personal use only Whatever your views on coal use, it’s here to stay and we need to find a balance between our energy ambitions and environmental concerns. White Energy has a technology that represents a first step in building a solution. It is an important step but not the panacea. White Energy
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