Volt Group Ltd. · ASX:VPR
Volt — Shareholder Meeting (May 2024)
33 slides from Volt's shareholder meeting presentation, May 31, 2024
Slide 1: AGM Presentation
[ASX:VPR] AGM Presentation 31 May 2024 Classification: Confidential
Slide 2: Disclaimer
Disclaimer Important notices and competent person's statement This document has been independently prepared by Volt Power Group Limited (Volt) for its 2024 Annual General Meeting Statements contained in this document, including but not limited to those regarding the possible or assumed future costs,
Slide 3: Corporate & Management
Corporate & Management Capital Structure Board & Management Shares on issue 10,717M Options on issue 590M MR ADAM MR PAUL DAVE Market Cap (@ $0.001/Share) $10.7M BOYD EVERINGHAM SHARP Executive Chairman Non-Executive Director GM, EcoQuip Cash (at 27 May 2024) $2.3M Debt (at 27 May 2024) $0.4M Enterp
Slide 4: Volt Power Group Proxy Results
Volt Power Group Proxy Results (Votes ‘M) For Against Abstain Votes % Votes % Votes % Resolution 1 – Remuneration Report 2,057 99.3 13.8 0.7 25.0 n/a Resolution 2 – Re-election of Mr Simon Higgins 3,971 99.9 0.6 - 1.5 n/a Resolution 3 – Change of Company Name 4,428 99.9 - - 1.0 n/a Resolution 4 – Ap
Slide 5: FY23 Financial Results: Revenue growth building
FY23 Financial Results Revenue growth building Ordinary Revenue Adjusted EBITDA1 54% to $5.03 million compared to FY22 132% to $2.09 million compared to FY22 $M Revenue $M Adjusted EBITDA1 6.0 2.5 5.0 2.0 4.0 1.5 3.0 1.0 2.0 0.5 1.0 0.0 0.0 2020 2021 2022 2023 2020 2021 2022 2023 -0.5 1Excludes non-
Slide 6: Business Overview
Business Overview Volt Power Group Limited (ASX: VPR) is an industrial technology company that develops and commercialises next-generation mining equipment solutions and ESG focused, zero emission power and hydrogen technologies that present significant, scalable growth potential across industries a
Slide 7: ATEN Waste Heat to Power
ATEN Waste Heat to Power PowerGen efficiency, affordability & hybrid network stability The ATEN System recovers exhaust waste heat energy from existing open cycle gas turbine power stations to generate incremental, zero-emission, baseload power. ATEN complements renewable hybrid / gas fueled network
Slide 8: Australian Government 2024 Future Gas Strategy
The Australian Government 2024 Future Gas Strategy aims to balance gas supply with the transition to renewables, ensuring reliability and affordability. ATEN reduces Gas power generation costs & emissions supporting the Govt. Future Gas Strategy & Renewables Transition 8 Classification: Confidential
Slide 9: Future Gas Strategy: May 2024
The Australian Government Future Gas Strategy: May 2024 “The findings are clear and based on facts and data, not ideology or wishful thinking.” “A future made in Australia will need Australian gas. We will need affordable gas to support energy reliability for households and businesses as we move to
Slide 10: The Australian Government: Future Gas Strategy 2024
The Australian Government: Future Gas Strategy 2024 Innes Willox, Chief Executive of Ai Group (the national industry advocate) Competing Interests – Environmental Vs Energy & Industry “The Federal Government's Future Gas Strategy sensibly acknowledges “Environmentalists…. won’t acknowledge just how
Slide 11: The Importance of Energy Efficiency
The Importance of Energy Efficiency No other energy resource can compare with energy efficiency as a solution to the energy affordability, security of supply and climate change crises. This is why the IEA calls energy efficiency the “first fuel” of all energy transitions. IEA (2022), Energy Efficien
Slide 12: ATEN The Product
ATEN The Product FLOWSHEET THE ATEN SYSTEM The ATEN System design comprises two primary sub-systems comprising: 1. A waste heat recovery and thermal oil sub- system (Waste Heat Recovery Package); and 2. An organic rankine cycle and power generation sub-system including modular air-cooled or water-co
Slide 13: ATEN - Proven OEM sub-systems
ATEN - Proven OEM sub-systems ATEN (Accretive Thermal Efficiency Node), a waste heat to power system, is a unique combination of proven operating sub-systems in a patented configuration. • ATEN has a unique competitive advantage being capable of generating baseload, zero emission incremental electri
Slide 14: The ATEN compelling value proposition
The ATEN compelling value proposition A$ LCOE comp. 350 1. OCGT LCOE - GE LM6000 @ A$9/GJ for fuel gas 2. ATEN LCOE - ~A$4.4M/MW CAPEX – 2022 Pre-feasibility Study (inc. Remote Install CAPEX Adj +30%). Utilisation 95% (Baseload) 3. Solar LCOE – A$2.5M/MW(AC) CAPEX - 2021 IRENA Solar Generation (inc.
Slide 15: ATEN Case Study – Western Australia
ATEN Case Study – Western Australia Lower emissions and costs 2040, SWIS ‘Future Ready’, Maximum Energy per Generation Type, 100,000GWh/year 1 Displace Gas with Existing Capacity 900 MW 7,888 GWh/yr 22 % Flexible ATEN capacity ATEN zero emission Gas energy 13 % Wind 4% $550M net saved / yr based on
Slide 16: Why ATEN Waste Heat to Power?
Why ATEN Waste Heat to Power? 15 – 30% incremental zero emission power generation & capacity 1 Lower Emissions from OCGT installations Proven sub-systems, NRW Primero & Mitsubishi Heavy Industries 2 Proven Technology EPC project delivery 1 ATEN ~A$55/MWh; Solar / BESS ~A$75 – 160+/MWh; Marginal 3 Co
Slide 17: Project Delivery Pathway NRW/Primero Group ATEN EPC Alliance
Project Delivery Pathway NRW/Primero Group ATEN EPC Alliance Strategic alliance Volt and NRW/Primero Group have joined forces to Group EPC Alliance accelerate emission reduction in the energy & resource sectors with ATEN and NRW Primero’s EPC expertise More than a service The EPC Alliance offers cus
Slide 18: Energy is not part of the economy. It is the economy.
“Energy is not part of the economy. It is the economy.” Chris Uhlmann | The Australian 18 Classification: Confidential
Slide 19: EcoQuip
ECOQUIP Zero Emission Mobile Light Tower - ~50% cheaper than traditional diesel solutions EcoQuip is a zero emission Solar/BESS Light and Communication tower OEM. EcoQuip solutions deliver market-leading illumination, significant lifecycle cost savings, military-grade build quality and a Technology
Slide 20: EcoQuip High Performance No Compromise
ECOQUIP Technology Platform & Equipment Solutions The EcoQuip Technology Platform developed with US domiciled areo- space electronics, power management, software and illumination experts Breaks new ground on charge / performance efficiency & incorporates High Performance active / predictive Ai softw
Slide 21: EcoQuip Disruptive Capabilities for the 'Mines of the Future'
ECOQUIP Disruptive Capabilities for the ‘Mines of the Future’ High Performance Customer Cloud Portal Luminaires Real-time, cloud-based data Uniquely developed OEM telemetry reporting via web- illumination technology to optimise enabled client portal with work area lux footprint remote-control capabi
Slide 22: EcoQuip Market Opportunity
ECOQUIP Market Opportunity Large potential addressable market with immediate opportunity in WA/Pilbara & USA market. • EcoQuip has ~74 units deployed across Chevon, Thiess, BHP, Macmahon and others $250M • EcoQuip run-rate revenue today of ~$2.0m per annum • Pilbara market ~3,0001 light towers - $80
Slide 23: EcoQuip Australian & USA Market Developments
ECOQUIP Australian & USA Market Developments • EcoQuip achieved record sales revenue inclusive of significant new MSLT deployments • EcoQuip secured a new 20x MSLT order for deployment at the Chevron operated Gorgon natural gas project. These units increase the EcoQuip MSLT fleet on Barrow Island to
Slide 24: Wescone Value Proposition
WESCONE Value Proposition Wescone is a high-performance proprietary sample crusher OEM. Wescone crushers have a market leading reduction ratio of up to 20:1, high, single pass throughput rates, versatile crushing capabilities, robust build quality and efficient service exchange repair solutions. A 2
Slide 25: Wescone The Product
WESCONE The Product • Wescone manufactures the proprietary W300 sample crusher range and sample crushing solutions for the mining, mineral processing and assay laboratory industries. • The Wescone W300 range comprises three alternative sample crushers with unique dimensional feed acceptance capabili
Slide 26: Wescone Australian & African Market Developments
WESCONE Australian & African Market Developments • Wescone achieved record sales revenue inclusive of significant new project deployments • The Wescone Africa Distribution partner, Solid Process Automation (SPA) secured orders for multiple Wescone W300 crushers during Q4 FY23. This success has conti
Slide 27: HYTEN Waste Heat to Hydrogen
HYTEN Waste Heat to Hydrogen Lowest Cost, Zero Emission Hydrogen The HYTEN technology is a proprietary waste heat to hydrogen system that combines Volt’s ATEN technology with either solid oxide, PEM or alkaline water electrolyser sub-systems Low-cost, transitional technology pathway to produce zero
Slide 28: HYTEN Compelling production cost advantage
HYTEN Compelling production cost advantage HYTEN has salient competitive advantages and the potential to produce zero emission hydrogen gas for a ~50% lower CAPEX and ~50 – 60% lower lifecycle cost compared to Solar & Wind Green Hydrogen systems. 1. SMR – Steam Methane Reforming with no carbon captu
Slide 29: HYTEN The Product
HYTEN The Product THE HYTEN SYSTEM FLOWSHEET The HYTEN System design comprises three proven and well established primary sub- system solutions: 1. The ATEN waste heat recovery and thermal oil sub-system (Waste Heat Recovery Package); and 2. The ATEN organic rankine cycle and power generation sub-sys
Slide 30: Why HYTEN Waste Heat to Zero Emission Hydrogen?
Why HYTEN Waste Heat to Zero Emission Hydrogen? Exploits waste heat energy vented at existing energy & industrial 1 Zero Cost Energy Input infrastructure assets 2 Proven Technology Proven OEM sub-systems 3 Cheaper than Diesel HYTEN hydrogen at a diesel cost (energy equivalent) of ~A1.70 – $A1.90/lit
Slide 31: The Australian Government Future Gas Strategy
The Australian Government Future Gas Strategy "The ultimate target for Orica is that we should not be consuming any gas, but I still need a raw material. That raw material could potentially be green hydrogen or green ammonia, I cannot get access to cost competitive green hydrogen today. I might need
Slide 32: Investment Case: Volt Power Group
Investment Case: Volt Power Group The Right Products in the Right Industries, Right Now VOLT’s OEM solutions are Proven, Practical, and Reliable new products and technologies delivering cost savings and Net Zero transition solutions. Government and the resources sector has an urgent need to reduce c
Slide 33: voltpower.com.au
[ASX:VPR] voltpower.com.au Classification: Confidential