Slide 1: ASX Announcement: Shareholder Update Presentation
ASX Announcement For personal use only 14 May 2018 Shareholder Update Presentation Carnegie Clean Energy Limited (ASX: CCE) is pleased to release the shareholder update presentation to be delivered today by CEO Michael Ottaviano in Sydney. Further presentations are being held around the country this
Slide 2: Shareholder Update Presentation
For personal use only Shareholder Update Presentation Dr Michael Ottaviano CEO & Managing Director Carnegie Clean Energy
Slide 3: Disclaimer
For personal use only DISCLAIMER The information contained herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or to participate in any trading strategy or to enter into any transaction. If any offer
Slide 4: Carnegie Overview
Carnegie Overview For personal use only • ASX-listed developer of utility scale renewable energy projects. Leader in solar, battery, wave and hybrid energy solutions • 100% owner of Energy Made Clean (EMC). 100% owner of CETO wave energy technology • Focused on moving both wave and solar/microgrid b
Slide 5: Carnegie Competitive Advantage
Carnegie Competitive Advantage For personal use only • Carnegie is focused building competitive advantage in specific areas of the renewables market and value chain in order to build a financial sustainable business. We focus on three business areas: • Engineering, Procurement and Construction (EPC)
Slide 6: Market Potential
Market Potential For personal use only Forecast potential for 16GB wave energy in 80% of the 260m people living in Indonesia Europe by 2030 – targeting 100GW wave and have no access to reliable power and it would take tidal by 2050 ~$5b p.a. for next 30 years to connect to grid infrastructure “Globa
Slide 7: Market opportunity example – off grid
Market opportunity example – off grid For personal use only Source: Australian National University Centre for Sustainable Energy Systems, 2014 • >1.2GW of diesel generation installed in off-grid Australia at a cost of $240-450/MWh in fuel only (excluding capital costs). • Costs likely to rise over t
Slide 8: CETO Update
CETO 6 Update For personal use only Commercial in Confidence and Copyright Carnegie Clean Energy Limited 7
Slide 9: Albany Wave Energy Project
For personal use only Albany Wave Energy Project • Objective is to prove in ocean the most competitive commercial CETO unit optimizing the best performance with the lowest direct cost to CCE whilst managing risk. • Supported by $16m in WA Government grant funding along with $12m in ARENA funding. •
Slide 10: Albany Wave Energy Project Update
Albany Wave Energy Project Update For personal use only • completion of a connection feasibility study with Western Power indicating no barriers to grid connection of the project anticipated; • completion of a site LIDAR survey by Australian Hydrographic Office that gathered detailed bathymetry data
Slide 11: CETO Update
CETO 6 Update For personal use only • Extensive CFD modelling of the CETO 6 unit in the Albany wave resource (utilizing Pawsey super computer) • >15,000,000,000 simulations, 4,000,000 CPU hours, >500 different configurations tested (unit diameter, aspect ratio, PTO, moorings etc). • Initial validati
Slide 12: CETO Update
CETO 6 Update For personal use only • Wave tank testing campaign just completed at Plymouth University, UK on 1/20th scale CETO 6 unit. • 500 test runs performed, 2 different mooring designs, 3 different wave directions, wave heights from 2m to 12m, tests up to 3 hour equivalent full scale for desig
Slide 13: Engineering, Procurement and Construction (EPC) business
Engineering, Procurement and Construction (EPC) business For personal use only • EMC is Carnegie’s 100% owned EPC subsidiary • EMC and Lendlease services in 50/50 EPC Joint Venture nationally • EMC also continues to do some EPC projects independent of the JV • Total EMC and EMC/LL order book built u
Slide 14: DOD Delamere Weapons Range Microgrid, Northern Territory
DOD Delamere Weapons Range Microgrid, Northern Territory For personal use only • Customers: Lendlease Buildings on behalf of Department of Defence • Location: 400km south of Darwin, Northern Territory • EMC won tender to design and construct microgrid • Indicative of competitiveness of microgrids in
Slide 15: DOD Delamere Weapons Range Microgrid, Northern Territory
DOD Delamere Weapons Range Microgrid, Northern Territory For personal use only Solar farm constructed at RAF Delamere Base, Northern Territory Commercial in Confidence and Copyright Carnegie Clean Energy Limited 16
Slide 16: DOD Delamere Weapons Range Microgrid, Northern Territory
DOD Delamere Weapons Range Microgrid, Northern Territory For personal use only Factory acceptance testing at EMC Belmont, WA Microgrid system installation on site Commercial in Confidence and Copyright Carnegie Clean Energy Limited 17
Slide 17: CSIRO Square Kilometre Array - Off-Grid Hybrid System
CSIRO Square Kilometre Array - Off-Grid Hybrid System For personal use only Commercial in Confidence and Copyright Carnegie Clean Energy Limited 19
Slide 18: Standalone Power Systems - Poles and Wires Replacement
Standalone Power Systems - Poles and Wires Replacement For personal use only • Customers: Horizon Power and Western Power (WA Government) • Location: Esperance and Ravensthorpe, ca. 500-700 km south-east of Perth, Western Australia • Scope: EMC won tender to design and construct cost effective and r
Slide 19: Build, Own and Operate (BOO) business
Build, Own and Operate (BOO) business For personal use only • Carnegie and EMC use their combined technical and commercial capabilities via its in house development team to develop projects from greenfields site to financial close including site acquisition, approvals, design, grid and finance. • Th
Slide 20: Garden Island Microgrid
For personal use only Garden Island Microgrid • GIMG integrates: Construction Update • Existing diesel generation • Battery funded by and grid infrastructure. AU$2.5m from ARENA • Commenced August 2017 • Large scale 2MW solar PV farm. • Wave site for future • Solar farm and BESS • 2MW/0.5MWh battery
Slide 21: Garden Island Microgrid
For personal use only Garden Island Microgrid Commercial in Confidence and Copyright Carnegie Clean Energy Limited 23
Slide 22: Northam Solar Power Station
Northam Solar Power Station For personal use only Artist Impression Commercial in Confidence and Copyright Carnegie Clean Energy Limited 24
Slide 23: Northam Solar Power Station
For personal use only Northam Solar Power Station • Carnegie’s second build, • First large scale solar • 34,000 solar panels will own and operate project project to be delivered be constructed on 25 as part of the Energy hectares of land • First merchant utility Made Clean Lendlease solar project in
Slide 24: Northam Solar Power Station Construction Update
For personal use only Northam Solar Power Station Northam Solar Power Station Construction Update • Grid augmentation • All long lead items works largely procured complete • Civils commenced • On track for Q4 e.g. roads, calendar 2018 clearing, piling, commissioning trenching, fencing etc Commercial
Slide 25: Operations and Maintenance
Operations and Maintenance For personal use only • EMC has a dedicated operation and maintenance capability that remotely maintains ca. 30 systems in the field remotely its Belmont facility in WA. Commercial in Confidence and Copyright Carnegie Clean Energy Limited 27
Slide 26: Looking Forward – 2H 2018
Looking Forward – 2H 2018 For personal use only Northam EPC Albany & CETO 6 Design and procurement Construction completion Completion and payments for Delamere & CSIRO microgrids, Commissioning and operations Summerhill 5MW PV Development Power sales Next Solar Build, Own and Operate Kalbarri constr
Slide 27: Thank You
For personal use only Thank You Michael Ottaviano shareholders@carnegiece.com 08 6168 8400