Taylor Wimpey Plc · LSE:TW.
Taylor Wimpey — Technical Presentation (June 2023)
45 slides from Taylor Wimpey's technical presentation, June 2023
Slide 1: Zero carbon ready homes trial
Zero carbon ready homes trial Investor and analyst site visit June 2023
Slide 2: Disclaimer
Disclaimer For the purposes of this notice, this “presentation” shall include these slides and any question-and-answer session that follows oral briefings by representatives of Taylor Wimpey plc. This presentation is for information purposes only and is not intended to, and does not constitute or fo
Slide 3: Meet the team
Meet the team Stephen Andrew Richard Kinloch Nick Wright James Lidgate Dave Hamer Group Technical Head of Research Manufacturing and Managing Director, Senior Site Director & Technical Supply Chain TW London Manager Innovation Director 3 Analyst and investor site visit June 2023
Slide 4: Agenda
Agenda Arrival and refreshments Presentations Q&A Plot tours Wrap up and refreshments Transfer to station 4 Analyst and investor site visit June 2023
Slide 5: Approach to Future Homes and Net Zero
Approach to Future Homes and Net Zero Stephen Andrew Group Technical Director
Slide 6: Net zero ready
Net zero ready ● 40% of the UK's carbon emissions come from the built environment, with the construction sector a major contributor ● In early 2023, we published our Net Zero Transition Plan and announced our commitment to reach net zero emissions by 2045 across our value chain ● In 2025, the Future
Slide 7: Holistic approach to net zero carbon
Holistic approach to net zero carbon Planning and site design Research & Sustainable Development procurement Road to zero carbon working group Homes in The customer operation Construction Business skills operations - sustainability 7 Analyst and investor site visit June 2023
Slide 8: Timeline of new regulations
Timeline of new regulations 23 November 2022 15 June 2023 2025 Wales – Regulations in force England – End of transition Future Homes Standard (England & Wales) Part L – Energy Part L – Energy - 75-80% reduction in CO2 Part F – Ventilation Part F – Ventilation - Electrification of homes Part O – Over
Slide 9: Sustainability: our journey to net zero
Sustainability: our journey to net zero 9 Analyst and investor site visit June 2023
Slide 10: Overview: Trialling our homes of the future
Overview: Trialling our homes of the future What we are doing Our approach What the trials will tell us ● First trial of its kind testing multi- ● Using in-house design team, site ● Which are cost-effective and specification homes with low management team and project deliverable solutions and which
Slide 11: Site overview
Site overview James Lidgate Managing Director, TW London
Slide 12: Chilton Woods, Sudbury
Chilton Woods, Sudbury ● TW London purchased the site in January 2021 ● The site had outline planning consent for 1,150 homes which will be built over three phases ● 25% affordable homes ● New primary school, community centre, shops, sports pitches and pavilion ● Community woodlands ● Chilton Woods
Slide 13: Chilton Woods site plan
Chilton Woods site plan Heat hub Trial plots 13 Analyst and investor site visit June 2023
Slide 14: Overview of trial homes
Overview of trial homes Richard Kinloch Head of Research & Technical Innovation
Slide 15: Overview of trial homes
Overview of trial homes ● The goal is to find solutions to enable Taylor Wimpey to build high-quality, zero carbon ready homes that our customers will enjoy living in ● Five homes testing different combinations of building methodology, fabric options and technology solutions ● Challenged ourselves t
Slide 16: Overview of trial homes
Overview of trial homes ● Fabric First Approach: The first point to address when building an energy efficient home is the fabric of the building itself - the walls, doors, windows, roof and floors - sometimes referred to as the building envelope ● The core fabric will remain in place for the lifespa
Slide 17: Plot 151 - Trusdale
Plot 151 - Trusdale 17 Analyst and investor site visit June 2023
Slide 18: Plot 152 and 153 – Garrton
Plot 152 and 153 – Garrton 18 Analyst and investor site visit June 2023
Slide 19: Plot 154 - Ashenford
Plot 154 - Ashenford 19 Analyst and investor site visit June 2023
Slide 20: Plot 155 - Easedale
Plot 155 - Easedale 20 Analyst and investor site visit June 2023
Slide 21: Approach to nature
Approach to nature 21 Analyst and investor site visit June 2023
Slide 22: Lessons learned and knowledge sharing with the wider business
Lessons learned and knowledge sharing with the wider business ● We have produced a comprehensive document detailing the lessons learnt through the full development cycle ● Plot by plot break down – including a record of commissioning for each heating and hot water system ● All functions including ou
Slide 23: Timeline, sales strategy and technical evaluation next steps
Timeline, sales strategy and technical evaluation next steps First plots connected to community heating June - Sept Post build assessment energy centre Site visits by internal and (ensuring the homes operating Extend trials of external stakeholders as designed) preferred technologies Technical evalu
Slide 24: Other R&D workstreams
Other R&D workstreams. Through functional work, we are continuously trialing and delivering solutions to simplify, standardise and innovate 24 Analyst and investor site visit June 2023
Slide 25: Supply chain considerations and strategy
Supply chain considerations and strategy Nick Wright Manufacturing and Supply Chain Director
Slide 26: Key supply chain considerations
Key supply chain considerations ● Availability of materials and technologies ● We are working now to understand potential supply bottlenecks. For instance, currently the UK makes up 1% of the worldwide ASHP market with 70% of UK required ASHPs being imported ● Distribution ● The technologies we are
Slide 27: Supply chain strategy
Supply chain strategy ● The Future Homes Standard (FHS) will bring major changes in the way the industry operates ● Collaboration with the supply chain is key in ensuring the availability of the materials and technologies (not just ASHPs) ● We are collaborating with the supply chain via the Future H
Slide 28: Collaborating with our supply chain
Collaborating with our supply chain 28 Analyst and investor site visit June 2023
Slide 29: Q & A
Q & A 29 Analyst and investor site visit June 2023
Slide 30: Bringing the technology to life
Bringing the technology to life 30 Analyst and investor site visit June 2023
Slide 31: Trial technologies
Trial technologies Analyst and investor site visit June 2023
Slide 32: Air Source Heat Pump
Air Source Heat Pump • The air source heat pump draws in ambient air from outside, which causes a refrigerant liquid to boil and turn to gas. • The heat pump then compresses that gas and uses the warmth it creates to heat the home and provide hot water. • Placing the air source heat pump in the loft
Slide 33: PV Panels
PV Panels • Sleek solar PV (photo-voltaic) systems are integrated into the roof to provide a renewable source of energy generation. • Low maintenance and with no moving parts, the solar panels will generate a proportion of the homes electricity requirements, lowering its carbon footprint and reducin
Slide 34: Underfloor Heating (UFH)
Underfloor Heating (UFH) • Underfloor heating provides heat evenly and efficiently throughout a room. • It works by circulating warm water through a network of pipes beneath the floor screed. • Compared to a traditional central heating system, the entire surface of the floor warms which means that w
Slide 35: Thermaskirt
Thermaskirt • Thermaskirt is an innovative heating system to replace radiators designed to look like a skirting board. • The hot water pipes run around the perimeter of the room, and a thermally-efficient outer panel extracts heat from the pipes and radiates it into the room, quickly warming the air
Slide 36: Battery Storage
Battery Storage • An energy-storage battery enables electric energy from renewables to be stored and then released when power is needed within the home or when electricity is more expensive to buy. • Batteries work with solar PV panels, capturing and storing the electricity generated during the day
Slide 37: Infrared Heating
Infrared Heating • Infrared heating transfers heat to objects and people directly, rather than heating the air. • It differs from traditional conduction and convection methods of heating which generally need another material in between to transfer heat to - such as the metal in radiators. • This is
Slide 38: Waste Water Heat Recovery for Showers
Waste Water Heat Recovery for Showers • Saves energy by recovering and using heat energy from waste water. • When you shower, you lose valuable heat energy as hot water goes down the drain. • Waste water heat recovery technology works by transferring latent heat from the waste shower water through a
Slide 39: Mechanical Ventilation Heat Recovery
Mechanical Ventilation Heat Recovery • Provides fresh filtered air into a building whilst retaining some of the energy that has already been used in heating the building. • A mechanical ventilation heat recovery system removes the warm air from your bathroom and kitchen and other wet rooms, through
Slide 40: Exhaust Air Heat Pump
Exhaust Air Heat Pump • Absorbs heat from the waste air (or ‘exhaust’ air) leaving a building which is then used to heat the home or water. • An exhaust air heat pump can combine ventilation, heating and hot water in a single unit. • It is low maintenance and can be particularly effective in apartme
Slide 41: Heat Pump Cylinders
Heat Pump Cylinders • An integral heat pump extracts heat from the outside air, heating up the coils within a closed loop system, which in turn heats up the water in the cylinder. • A heat pump cylinder can provide hot water very efficiently, working like a traditional air source heat pump by extrac
Slide 42: Drytec Infrared foil
Drytec Infrared foil • Drytec laminated heating panels from Energy Carbon provide infrared heat, gently warming up people and objects with a room from the ceilings with radiant heat. This in turn releases additional heat and the room is kept at a far more comfortable temperature in a more natural wa
Slide 43: Plots
Plots Analyst and investor site visit June 2023
Slide 44: Trial plots – fabric
Trial plots – fabric The Trusdale The Garrton The Garrton The Ashenford The Easedale Plot 151 Plot 152 Plot 153 Plot 154 Plot 155 Triple glazing ✓ ✓ ✓ ✓ ✓ A Rated front door ✓ ✓ ✓ ✓ ✓ Timber build with Enhanced walls ✓ Block build with Enhanced walls ✓ ✓ ✓ ✓ 44 Analyst and investor site visit June 2
Slide 45: Trial plots – power, heating, and hot water
Trial plots – power, heating, and hot water The Trusdale The Garrton The Garrton The Ashenford The Easedale Plot 151 Plot 152 Plot 153 Plot 154 Plot 155 Air source heat pump ✓ ✓ Mechanical ventilation ✓ Exhaust air heat pump ✓ Battery storage ✓ Heat pump cylinder ✓ PV panels ✓ ✓ Smart cylinders ✓ Wa