Invinity Energy Systems Plc · LSE:IES
Invinity Energy Systems — Shareholder Meeting (July 2017)
17 slides from Invinity Energy Systems's shareholder meeting presentation, Jul 13, 2017
Slide 1: 2017 AGM Presentation
2017 AGM Presentation Scott McGregor, Chief Executive Officer 13th July 2017
Slide 2: Changing Perceptions in the Energy Storage Market
Changing Perceptions in the Energy Storage Market • The wider market is only beginning to understand power vs energy from a use case perspective • Incumbent technologies (Lead, Lithium) are power-centric. Lots of power for a short period of time. • Flow machines are energy-centric. Provide power ove
Slide 3: Changing Perceptions in the Energy Storage Market
Changing Perceptions in the Energy Storage Market Ideal for: Frequency Response Tenders – Good return in short run, but not sustainable long term Ideal for: Multiple, stacked services – Financeable, Infrastructure Asset with good long term returns
Slide 4: Sales Strategy & Targets
Sales Strategy & Targets Segment 1: UK Grid-Connected • Behind-The-Meter Commercial, Industrial & Agricultural • Grid-Scale projects at network level • Stacking multiple grid services, renewable firming & energy trading • 7-10 Year Payback Segment 2: Off-Grid Diesel Optimisation & Microgrid • Sub-Sa
Slide 5: Commercial Update
Commercial Update Production & Deployment • University of Strathclyde • Thaba Eco Lodge • Jabil Inala • The Olde House • RNLI • UK Agri-business • Chester University 15 x Tank Unit Modules redT 15-75 being loaded for shipping 2017 Orders 6 x Tank Unit Modules Final Stage Customer €15.9m - 265 x Tank
Slide 6: Customer Case Study: UK Agri-Business
Customer Case Study: UK Agri-Business
Slide 7: Grid Services – System Balancing & Wholesale Markets
Grid Services – System Balancing & Wholesale Markets • To take advantage of these multiple and long peak pricing events, a long duration energy storage machine is essential where batteries won’t be able to service long intervals £1,520/MWh System Balancing Prices: 8th November 2016 3 hour peak event
Slide 8: Customer Case Study: The Olde House, Cornwall
Customer Case Study: The Olde House, Cornwall • Cornwall’s largest energy storage project • Key redT customer demonstration site • Currently being implemented Project Partners:
Slide 9: Sustainable Equity Value
Sustainable Equity Value Sustain Scale Firm Functional Gen 3 performing Price team Prove Gen 2 sales Market Seeding Differentiating programme IP (leading tech), complete Orderbook product, service. across defined products USP Credibility Gen 1 design Case-studies Gen 2 system Ambassadors delivered S
Slide 10: redT Organisation Growth
redT Organisation Growth Q4 16 Q2 17 Q4 17 CEO 2 2 + support ENGINEERING 6 11 Mechanical. Electrical, Software, Quality Increased Targeted recruitment for: bandwidth across the Engineering: Ongoing R&D business with recruitment for Gen3 & 4 Chemical, Electronic, Software 7 key manager 10 projects hi
Slide 11: redT – Business Outlook
redT – Business Outlook • Focussed on implementation and deployment of key customer sites (Olde House, RNLI etc.) • Final stage of redT team build-out • Gen 2 sales key segments & product differentiation • Building orderbook for 2018 • Gen 3 stack and electrolyte cost down
Slide 12: Appendix
Appendix redi
Slide 13: The Energy Storage Market
The Energy Storage Market 10-100MWw 5-10MW 1-5MW 500-1000kW 100-500kW 50-100kW 10-50kW 1-10kW <1kw Energy Security Timeshifting/Firm Solar <1 minute <1 hour 1-4 hours 4-8 hours 8-12 hours >12 hours Days Application Duration redi energy storage
Slide 14: Hybrid Energy Storage System – Daily Output
Hybrid Energy Storage System – Daily Output • Use flow machines plus PV for 80% of demand • Does not degrade so well suited to daily, heavy cycling Peaks: • Use power-focussed technology Power to cover short term spikes in Focussed Tech demand • Power focussed tech, more suitable for occasional usag
Slide 15: Hybrid Energy Storage System – Annual Output
Hybrid Energy Storage System – Annual Output
Slide 16: redT 15-75 Machine being prepared for shipping to Johannesburg
redT 15-75 Machine being prepared for shipping to Johannesburg, South Africa Internal view of redT 15-75 machine performing a charge/discharge cycle
Slide 17: redT machines being prepared for shipping at manufacturing site
redT machines being prepared for shipping at manufacturing site
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