Storage Drop Storage Technologies Ltd · TASE:STRG
Storage Drop Storage Technologies — Investor Presentation (September 2024)
27 slides from Storage Drop Storage Technologies's investor presentation, September 2024
Slide 1: Making Green Energy available for all
Making Green Energy available for all September 2024 www.storagedrop.com
Slide 2: Disclaimer
Disclaimer "The information contained in this presentation and any other information provided during the presentation (hereinafter: the "Information") is presented for convenience purposes only, does not replace independent collection and analysis of information and does not constitute an offer to t
Slide 3: About Storage Drop
About Storage Drop Storage Drop operates in the field of Energy Storage and develops several products in the energy industry to address the challenge of clean and efficient energy storage, compressed air and cooling. 1. Electricity – Horizontal Pumped Energy Storage System (“HyDrop”) 2. Compressed A
Slide 4: Allowing continuous energy from natural resources
Allowing continuous energy from natural resources 7 million US$ Raised so far 13 Patent Public Applications company Filed in Europe, 30 U.S.A and Israel Employees and since Service + Providers July 2021 Exclusive rights for GLIDES patented technology developed in a US DOE laboratory. Cooperation 4
Slide 5: Company Milestones
Company Milestones Establishment of an Energy IPO – Public Company Construction of an Winning a €2.5 million grant storage system 12.5 kWh Traded in TASE energy storage system Horizon EIC Partial Funding - Israel Storage Drop generating cooling at a Development of a cooling system Innovation Authori
Slide 6: The Challenge
The Challenge Low-Cost Clean CAPEX and Solution OPEX Reliability High Efficiency 6
Slide 7: HyDrop - Energy Storage for electricity generation
HyDrop - Energy Storage for electricity generation 7
Slide 8: HyDrop - Energy Storage for electricity generation
HyDrop - Energy Storage for electricity generation 8
Slide 9: HYDROP Demo System - Ashdod Port
HYDROP Demo System - Ashdod Port • Ashdod port is the largest Israeli port • HYDROP validated with a facility of 100kWh • The storage was built to store and generate 100kWh • Source of power – the grid Storage Stage Discharge Stage Charge Stage 9
Slide 10: HYDROP comparison vs other LDES Technologies
HYDROP comparison vs other LDES Technologies Capex and storage volume: Li-ion batt. Lead-acid batt. Flow batt. PSH HHP CAES GLIDES HYDROP 10
Slide 11: HYDROP comparison to alternative power storage
HYDROP comparison to alternative power storage Technology HYDROP CAES Hydrogen Vertical Pumped LI-Ion Battery Horizontal Compressed Air Storage Pumped Energy Energy Storage Category Used with compressed air Used with compressed air Electrolyze separation Potential storage Chemical Storage Li-lon bat
Slide 12: HyDrop - Energy Storage System For electricity generation
HyDrop - Energy Storage System For electricity generation Comparison: HYDROP versus Li-Ion Batteries for operation of 200 MWh Storage for 40 years lifetime Technology HYDROP LI-Ion Batteries Remarks Performance Performance After 4 hours a significant decline in Charge/discharge Duration 2-24 hours 2
Slide 13: HyDrop Advantages
HyDrop Advantages • No residual waste of hazardous material • No safety concerns with no noise effect • Storing unlimited power for unlimited duration to meet peak period • No storage loss • Energy input - All sources of energy supply, renewable or grid • Modular design scalable for future increase
Slide 14: DropX: HyDrop Charger as Air Compressor
DropX: HyDrop Charger as Air Compressor ✓ The DropX technology is a unique Hydraulic “green” isothermal compressor. ✓ The compressor is based on water pump compressing the air in an isothermal process, generating compressed air at a higher efficiency than other standard air compressors. ✓ Thanks to
Slide 15: DropX: Storage Drop Liquid Compressor versus Conventional Air Compressor
Drop X: Storage Drop Liquid Compressor versus Conventional Air Compressor – the competitive advantage Conventional Co ns umpti o n 80 Bar Compressors Po wer 40 Bar Drop X 80 Drop X 40 10 Bar 8 Bar Storage Drop Drop X 10 Drop X 8 Drop X 15
Slide 16: DropX: Liquid Compressor versus Conventional Air Compressor
Conventional DROPX Drop X: Storage Drop Compressor Liquid Compressor Maintenance Low High versus Conventional Air Compressor – the Life Span 4 x longer Limited competitive Efficiency High Low advantage Size X3 Small Noise Level Low High Environment Oil Free Polluting 12
Slide 17: COOLDROP: CO2-based CoolDrop cold production system for cooling applications
COOLDROP: CO2-based CoolDrop cold production system for cooling applications 17
Slide 18: High cost of electricity
High cost of electricity Cost of electricity 94.17% What is really First cost of chiller 5.18% important Cost of initial refrigerant 0.25% Cost of lifetime over the life of refrigerant suplly 0.40% the chiller? 18
Slide 19: COOLDROP – CO2 based cooling system and storage for air conditioning
COOLDROP – CO2 based cooling system and storage for air conditioning purposes • When comparing COOLDROP energy savings with standard chillers, Storage Drop’s COOLDROP chiller returns the initial investment after 2 years of operation (this information is a projection only). Electricity In Cold water
Slide 20: CO2-based CoolDrop cooling system
CO2-based CoolDrop cooling system Storage Drop developed a CO2 based chiller for “heating” applications and is now developing a CO2 based chiller (“COOLDROP”) for refrigeration applications using direct compression of CO2 with water. COOLDROP 20
Slide 21: Supply of products inside containers
Supply of products inside containers Product Goal Containers Advantage s Energy Storage and High pressure ✓Off-site system energy storage HYDROP Power Generation containers production (compressed air) ✓Plug & Play system Air compression container and connection Compressed Air storage energy storage
Slide 22: Business Model
Business Model Product Goal Market Business Model Electricity generation Electricity sales at peak Energy Storage and during peak hours when HYDROP tariffs (evening hours) Power Generation no alternative energy source is available Industrial plants System manufactured/installed by consuming compress
Slide 23: Projects Completed
Projects Completed HYDROP: Ashdod Port – Demo Pilot HYDROP 100 KWh : COOLDROP Rehovot Demo Pilot CoolDrop 5 TR 23
Slide 24: Project in progress: 2.3 MNIS TNUVA Elon Tavor
Project in progress: 2.3 MNIS TNUVA Elon Tavor DropX8 Delivery of a DROPX8 compressor implementing the Liquid Piston Technology developed by Storage Drop Work contents by Storage Drop • Design, manufacture, supply and installation of DropX8 Compressor 8 Bar compressor • Operating the compressor, sel
Slide 25: R&D Project in progress: 2.5 MEuro EU Commission
R&D Project in progress: 2.5 MEuro EU Commission Development of cooling system for low temperatures (-40 c to 12 c) Electricity In Work contents by Storage Drop Development, design, manufacture, supply and installation of COOLDROP System. Future Business model: • The system is manufactured and insta
Slide 26: Projects in Pipeline
Projects in Pipeline Grants approved: • European Union – Chiller – Total Approved budget of 2.5 million Euros (Q3 2024) • Israel Innovation Authority – Liquid Piston Compressor - Total approved budget: 2.315 MNIS (Q2-2024) Future Projects: • Compressor DropX40- Beverage companies • Compressor DropX8
Slide 27: Thank you!
Thank you! www.storagedrop.com
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