Carnegie Clean Energy Ltd · ASX:CCE
Carnegie Clean Energy — Shareholder Meeting (November 2022)
14 slides from Carnegie Clean Energy's shareholder meeting presentation, Nov 23, 2022
Slide 1: Harnessing the power of ocean energy to make the world more sustainable
For personal use only Harnessing the power of ocean energy to make the world more sustainable Annual General Meeting November 2022 Carnegie Clean Energy Limited ASX: CCE
Slide 2: Emerging global leader in wave energy technology
For personal use only Global clean energy generation and CO2 reduction targets are unlikely to be met without the scale, consistency and predictability of wave energy Carnegie is an emerging global leader in wave energy technology Carnegie’s CETO technology is projected to generate electricity a
Slide 3: With proven track record
With proven track record For personal use only Terry Stinson Michael Fitzpatrick AO Anthony Shields Grant Mooney Non-Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director and Company Secretary Mr Stinson brings over 35 Committed to sustainability, Mr Shields has vas
Slide 4: Capital Structure and Ownership Structure
For personal use only Capital Structure Ownership Structure Shares on issue Market Cap (14.11.22) 7.73% 15,642,573,710 A$31.2m 0.26% Public & Other 14.94% Performance rights/Options Cash position (30.09.22) 2,530,000,000 A$3.2m Directors & Related Parties Share Price (14.11.22) No debt $0.002 Instit
Slide 5: Renewables are set to become the dominant source of energy
Renewables are set to become the dominant source of energy For personal use only Driven by global policies Climate change is the biggest challenge faced by our planet today Governments and businesses are accelerating efforts to secure net zero CO2 emissions by 2050 and replace fossil fuels, as e
Slide 6: Carnegie now ready to lead the industry into commercial deployment
Carnegie now ready to lead the industry into commercial deployment For personal use only FY22 Key Achievements: Achieved step-change improvement in CETO’s cost and performance, based on modelling and tank testing, resulting in the new Product Validation Roadmap CETO awarded Phase 1 and Phase 2
Slide 7: Fostering our partner ecosystem to accelerate commercialisation
For personal use only Fostering our partner ecosystem to accelerate commercialisation Partners involved in Partners involved in commercialisation projects tech advancements
Slide 8: Carnegie now ready to lead the industry into commercial deployment
For personal use only Carnegie now ready to lead the industry into commercial deployment Carnegie’s CETO technology is unique: Operates below the surface at various depths – improves survivability and minimises visual and environmental impact Integrates machine learning, wave prediction and sm
Slide 9: Advanced competitive products to capture commercial opportunities
Advanced competitive products to capture commercial opportunities For personal use only Q4 Q3 Q3 Q3 CETO MoorPower Wave Predictor Mooring Tensioner Wave energy converter, CETO-derived technology to Product able to predict Provides passive tension for converting ocean waves into power moore
Slide 10: Carnegie Products: Product Validation Roadmap Summary
Carnegie Products For personal use only Product Validation Roadmap Summary October 2021 – October 2023 2024 2025 2026 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 CETO - EuropeWave Phase 1 CETO - EuropeWave Phase 2 CETO - EuropeWave Phase 3 CETO Prototype Validated via operations i
Slide 11: CETO's cost and performance enhancements accelerate commercialisation
CETO’s cost and performance enhancements accelerate commercialisation For personal use only Innovations in smart control systems, hydrodynamics and generator efficiency gains (leveraging the boom in electric vehicles) have combined to deliver a step change reduction in the projected CETO cost of e
Slide 12: Offshore wind and solar sectors serve as a blueprint
Offshore wind and solar sectors serve as a blueprint For personal use only Global cumulative offshore wind capacity (MW) The next big thing in energy Sources: GWEC (2011–2020) and EWEA (1998–2010) Wave energy is expected to achieve growth rates in line with previously developed technologies such a
Slide 13: Why now
Why now This is the time to get involved in Carnegie For personal use only 1 2 3 4 Why wave energy Why Carnegie Governments & Industry Investors committed committed to renewables to ESG The most consistent and Unique competitive wave Acceleration to net zero by Growing focus on concentrated
Slide 14: Thank You
For personal use only Thank You Carnegie Clean Energy Limited Registered Office: ABN: 69 009 237 736 21 North Mole Drive, North Fremantle WA 6159 ASX: CCE Postal Address: Telephone: +61 (0)8 6168 8400 PO Box 39, North Fremantle WA 6159 Website: www.carnegiece.com
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