Capsol Technologies Asa · OSL:CAPSL
Capsol Technologies Asa — Pareto Securities' 32nd annual Energy Conference 2025
10 slides from Capsol Technologies Asa's conference presentation, Sep 10, 2025
Slide 1: Capsol Technologies – Pareto Energy Conference
Capsol Technologies Pareto Energy Conference September 10th, 2025
Slide 2: Today's presenters
Today’s presenters: Jacob Clausen Krøvel Wendy Lam SVP Investment and Strategy Chief Executive Officer
Slide 3: Licensor of point source carbon capture technology
Licensor of point source carbon capture technology Offering carbon capture and heat recovery in one system Attractive capture cost Electricity consumption 20-60% 0.7-1.5 Norway (HQ) Sweden Lower than amines1 GJ per tonne of CO2 captured2 Germany US Demonstration hours >20,000 Nine campaigns, proven
Slide 4: Mature pipeline up 73% y-o-y to 22.6mtpa
Mature pipeline up 73% y-o-y to 22.6mtpa Building position as preferred provider Early traction in new industries Cement Biomass + Energy-from-waste Gas turbines Emerging industries1 Project pipeline 12.1 mtpa 5.0 mtpa 1.5 mtpa 4.0 mtpa capacity Revenue potential NOK 1.8bn NOK 0.7bn NOK 0.2bn NOK 0.
Slide 5: Project highlights
Project highlights Stockholm Exergi SCHWENK Holcim Recent wins • European lime producer, +400K mtpa (August 2025) • European BECCS project, +500K mtpa (August 2025) • BECCS at international waste management, +200K mtpa (September 2025) Sweden: FID in Q1 2025 Latvia: FID planned 2027 Germany: CapsolG
Slide 6: Increasing energy savings at higher CO2 concentration
Increasing energy savings at higher CO2 concentration Electricity cost for fully electric capture solutions CO2 concentration in flue gas 5% 10% 15% 20% 25% Typical cement case € 60 € 50 54% reduction € 40 in electricity consumption1 Generic amine process € 30 € 20 EUR 19 saved per tonne CO2 capture
Slide 7: Payback on the Capsol license fee: less than one year
Payback on the Capsol license fee: less than one year Proven technology offering lower capture costs Case study: Cement plant, 800 ktpa1 • 20-60% lower capture costs vs amines NOK ~180m • License fee of EUR 10-15 per tonne installed capacity • Case assuming mid-point, EUR 12.5 NOK ~120m • Capsol’s i
Slide 8: Powering datacenters with CapsolGT
Powering datacenters with CapsolGT® Reliable low carbon electricity generation from natural gas Levelized cost of electricity per MWh 2 Willingness to pay ~ USD 115 108 ~ USD 50 margin 74 57 45 Combined cycle Based on recent CapsolGT® Three Mile Island power plant power plant power purchase Carbon L
Slide 9: Scaling revenue as pipeline matures
Scaling revenue as pipeline matures 11.5M mtpa in pipeline with Revenue potential 1 mtpa plant = EUR ~50-60 million FID potential in 2026-2028 • Targeting EUR 10-15 license fee per tonne EUR 1-5m (step 1-4) EUR 40m installed capacity EUR 10-15m • EUR 2+ service fee per tonne captured • 40-60% pre-ta
Slide 10: Drammensveien 126, 0277 Oslo, Norway
Drammensveien 126 0277 Oslo Norway Our vision is to accelerate the worlds capsoltechnologies.com transition to a net zero future
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