PTR Minerals Limited · ASX:PTR
PTR Minerals — Petratherm — SA Resources & Energy Investment Conference 2014
10 slides from PTR Minerals's conference presentation, May 6, 2014
Slide 1: ASX Release: Executive Director presentation to SA Resources & Energy Investment Conference 2014
ASX Release PETRATHERM LIMITED ABN 17 106 806 884 Executive Director presentation to SA Resources & Energy Investment Conference 2014 Petratherm’s Executive Director, Terry Kallis will present later today at the South Australian Resources and Energy Investment Conference. The presentation focuses on
Slide 2: State of play in SA for geothermal, wind and solar
SA Resources & Energy Investment Conference 2014 “State of play in SA for geothermal, wind and solar” Terry Kallis Executive Director, Petratherm Limited & Councillor, SACOME May 2014
Slide 3: Disclaimer and competent persons statement
Disclaimer and competent persons statement Disclaimer This presentation has been prepared by In particular, they speak only as of the date of To the extent permitted by law, Petratherm and Petratherm Limited (Petratherm). The this document, they assume the success of its officers, employees, related
Slide 4: Presentation outline
Presentation outline 1. Geothermal sector in Australia and SA 2. Petratherm Limited update 3. South Australian – wind and solar sectors 4. Current issues 5. The facts about Renewables and the RET scheme
Slide 5: Geothermal Sector in Australia and SA – Seen major changes
Geothermal Sector in Australia and SA – Seen major changes • Initially growing from one pioneering ASX listed company (GDY) to include more than ten • At it’s peak the sector had more than 35 companies (private and public) • Seven deep geothermal wells by three companies – with only a few wells succ
Slide 6: Petratherm Update – Changing to address new circumstances
Petratherm Update – Changing to address new circumstances • PTR successfully drilled one 4 km deep well and is the only ASX listed company with an active JV partner – BPT • 85 % of the spend on Paralana to date from PTR and its JV partners – private sector has done the “heavy lifting” • Paralana pro
Slide 7: SA Wind and Solar - Change in fuel source for electricity over 9 years
SA Wind and Solar - Change in fuel source for electricity over 9 years 2003/2004 2012/2013 Source: Derived from AEMO 2011 South Australian Supply and Demand Outlook and 2013 Historical Market Information
Slide 8: SA Wind and Solar – National leader in wind and solar PV
SA Wind and Solar – National leader in wind and solar PV Wind • 38% of nation’s installed capacity • In 2012/13 delivered 28% of State’s electricity requirements • 2011/12 was first year that wind generation overtook coal Solar Photovoltaic • 400 MW individual installations - similar size Pelican Pt
Slide 9: Current Issues – Many, varied and confused
Current Issues – Many, varied and confused • Recent reduction in grid sourced electricity from the impact of solar PV – pronounced in SA • Recent increases in cost of electricity across Australia – causes and remedies? • Carbon tax policy and its flow through impact into electricity prices • Federal
Slide 10: The facts – Confirm that the RET scheme works and should continue
The facts – Confirm that the RET scheme works and should continue • Wholesale price increases are reduced by the RET • Cost of RET is largely offset by reductions in wholesale prices in the near term • Repealing the RET would increase retail electricity prices and increase greenhouse gases • Increas
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