Eden Innovations Ltd · ASX:EDE
Eden Innovations — Eden Energy — Shareholder Meeting (October 2011)
33 slides from Eden Innovations's shareholder meeting presentation, Oct 31, 2011
Slide 1: Annual General Meeting
For personal use only ANNUAL GENERAL MEETING 31 October 2011 Greg Solomon Chairman
Slide 2: Corporate Structure
For personal use only Corporate Structure Eden Energy Ltd (AUSTRALIA) Clean Energy Energy Production Hythane Terratherma Company Pyrolysis Coal Bed Natural Gas Eden Energy Methane/Shale South Australia (Geothermal) LLC India Pvt Ltd and Gas to Gas (AUS) South Australia (USA) Liquids (India) (Wales,
Slide 3: Current Clean Energy Products
Current Clean Energy Products For personal use only • Pyrolysis Project - Solid Carbon and Hydrogen Production without CO2 - Single Walled Carbon Nanotubes (SWCNT) - Multi Walled Carbon Nanotubes (MWCNT) - Carbon Nanofibres (CNF) • Hythane®- India and US • OptiBlend® Dual Fuel - India and US January
Slide 4: Current Energy Projects
Current Energy Projects For personal use only UK- CBM - Coal Bed Methane JV-50% (2100km2) UK- Shale/ - Shale Gas/Conventional Gas JV-50% (2100km2) Conventional SA Natural Gas - Untested natural gas target (100km x 10km) - 100% -Obligations suspended for 12 months SA Geothermal - 100% -Obligations su
Slide 5: Pyrolysis Project – Eden 100%
Pyrolysis Project – Eden 100% For personal use only Low Cost Production of Carbon Fibres/Nanotubes and H2 from CH4 • New process developed with UQ • Patent applications lodged -over 50 countries • No CO2 – H2 becomes a high value byproduct •Produces hydrogen and single /multi-walled carbon nanotubes
Slide 6: Eden Energy CNT/CNF Production
Eden Energy CNT/ CNF Production For personal use only Hydrogen Product Catalyst Feed Reactor Natural Gas Supply Hydrogen Carbon CH4 Inert CNT’s Gas Carbon Product
Slide 7: Pyrolysis Project Summary
For personal use only Pyrolysis Project Summary • New Cost Competitive Technology being developed in US - Catalyst Formulae and production of MWCNT and CNF - Commercial scale reactor operational in US - Provisional patent applications lodged • Products – (from natural gas with catalyst) - MWCNT – su
Slide 8: Production of H2 and Carbon Nanotubes from CH4
For personal use only Production of H2 and Carbon Nanotubes from CH4 TEM image of MWCNT produced at Hythane Co in Denver October2011 January 11
Slide 9: Commercial Scale Reactor Operational
Commercial Scale Reactor Operational For personal use only January 2011
Slide 10: Commercial Scale Reactor Operational
Commercial Scale Reactor Operational For personal use only January 2011
Slide 11: Commercial Scale Reactor Operational
Commercial Scale Reactor Operational For personal use only January 2011
Slide 12: Eden MWNT Catalyst Yield
For personal use only Eden MWNT Catalyst Yield (Shown in grams carbon per grams catalyst) January 2011
Slide 13: CNT Market Projected Growth
For personal use only CNT Market Projected Growth • Current- estimated at approx 2000 tpa - Largest producer- 500tpa - 3 producers – 200 tpa each - Rapidly expanding market • Many new emerging applications - Structural (composite materials/ concrete/ tyres) - Electrical ( conduction and storage) • C
Slide 14: Eden's Targets for 2011
For personal use only Eden's Targets for 2011 • 30 tpa unit operational August 2011 • Full scale commercial unit (100-250tpa) by Oct 2011 • Produces MWCNT/ CNF for following target markets: - Concrete / Composite plastics - compressive/tensile strength/electrical and thermal qualities - Electrical A
Slide 15: MWNT Current US Market Prices
For personal use only MWNT Current US Market Prices (20-30nm diameter, >85% wt. purity) Prices are anticipated to drop with increasing order size and increasing supply January 2011
Slide 16: Commercialisation of Nano-carbon fibres
For personal use only Commercialisation of Nano- Nano-carbon fibres • Existing Sales of CNF and MWCNT achieved - for batteries and electronic paper • Distributors marketing Eden's MWCNT in bulk quantities • Development of additional applications being undertaken: - Concrete / Composite plastics - fo
Slide 17: Hythane - the transitional fuel
For personal use only Hythane ® - the transitional fuel H2 + CH4 Significantly lower pollution / Higher efficiency Hythane • Premium blend of Natural Gas - 5-7% H2 (by energy); 20% H2 (by volume) • Ultra-low emissions – 50% NOx /CO - Euro V emission standards • High efficiency - 10-15% increase in e
Slide 18: Denver Hythane Emissions Results
For personal use only Denver Hythane® Emissions Results HOT 505 EMISSIONS, GRAMS/MI. 3 2.5 2 1.5 1 0.5 0 NG HY NG HY NG HY THC CO NOx Output of pollutants (grams per mile) of Natural Gas versus Hythane®. Source: Colorado Department of Health January 2011 October 11 18
Slide 19: History of Hythane in India
For personal use only History of Hythane® in India • Extreme air pollution – Govt push to reduce pollution • 2006 Indian hydrogen roadmap - proposes HCNG as transitional fuel • Cost of natural gas – <60% cheaper (per GGE) than diesel Increasing supply – 5Mtpa to 25Mtpa over 5 years National rollout
Slide 20: First Indian Hythane Station
For personal use only First Indian Hythane® Station Delhi January 2009 January 2011 October 11 20
Slide 21: Indian Gas Infrastructure Current & Future
For personal use only INDIAN GAS INFRASTRUCTURE CURRENT & FUTURE NANGAL BHATINDA DELHI BAREILLY GURGAUN AURAIYA LUCKNOW MATHANIA AGRA DISPUR JAGDISHPUR DAHEJ I & II BARMER KANPUR PATNA Courtesy of Gas Authority of India GWALIOR 10 mmtpa* PHOOLPUR KOTA JHANSI GAYA AGARTALA VARANASI LNG UJJAIN VIJAYPU
Slide 22: Future of Hythane in India
For personal use only Future of Hythane® in India • 2011 Hythane® demonstration planned – Mumbai or Gujarat - some delay but project still looks likely • Objective- to establish economics of a commercial Hythane® • Agreements signed with GSPC and GAIL, MGL • Initially 2 buses planned and expanding t
Slide 23: Hythane Economics and Revenue Model
For personal use only Hythane® Economics and Revenue Model Economics • Hythane® production costs- approx 4-6% more than natural gas • Increased efficiency in Hythane® engines ( 6.5%-15% targeted) • Marginal increase in cost of vehicles- software change only • New pyrolysis process -cheaper hydrogen
Slide 24: OptiBlend Dual Fuel System
For personal use only OptiBlend Dual Fuel System • Displaces up to 70% of diesel with natural gas in diesel engines • Indian market – hundreds of thousands of gensets / locomotives • Huge cost savings • Dramatic cost savings in full and part time applications • Payback period less than 12 months for
Slide 25: OptiBlend - Indian Installation
OptiBlend-- Indian Installation OptiBlend For personal use only October2011 January 11
Slide 26: OptiBlend - Typical Power Production Costs
For personal use only OptiBlend--Typical Power Production Costs OptiBlend Assumptions: Diesel = $1.25/liter, Natural Gas = $10 mmbtu, Cummins K19 Genset October2011 January 11
Slide 27: Energy Assets
Energy Assets For personal use only COAL BED METHANE/ CONVENTIONAL/ SHALE GAS (WALES, UK) 50% Joint venture (with Coastal Oil and Gas) -17 Licences - 100% - 3 licences January 2011 October 11 27
Slide 28: UK Gas Asset Overview
UK Gas Asset Overview For personal use only • Spinout underway – ASX IPO - Adamo Energy Ltd – proposed $11m raising when appropriate • Large UK landholding – 50% interest in 17 licences/ 100% in 3 Licences – 2,100km2 (510,000 acres) gross approx-– South Wales, Bristol and Kent • Shale Gas Resource (
Slide 29: Management Team
Management Team For personal use only Simon Gorringe – Technical Manager (UK) • Chemical engineer with 30+ years in upstream Other Technical Support- CH+ and downstream oil & gas industry Dr Tim Dibb - Geology/ Geophysics Manager • Senior technical and management roles Trevor Ridley - Petroleum Engi
Slide 30: UK Gas Market
UK Gas Market For personal use only June 2011 National Balancing Point (NBP) gas price of ₤0.59/therm (US$9.50 / mmbtu; A$9.50 / GJ) Price volatility strongly tied to seasonal demand shifts, supply fluctuations and storage capacity constraints North Sea in decline UK is net importer of petroleum wit
Slide 31: Capital Structure October 2011
For personal use only Capital Structure 31 October 2011 ASX Code: EDE Total Shares: 240m Share Price: $0.062 Market Capitalisation $14.88m Cash and Receivables $1.1m October 11 31
Slide 32: For personal use only
For personal use only Greg Solomon Executive Chairman Level 40, Exchange Plaza, 2 The Esplanade, Perth, Western Australia, Australia. 6000 Telephone +618 9282 5889 Mobile +614 0206 0000 Fax +618 9282 5866 Email gsolomon@edenenergy.com.au Website: www.edenenergy.com.au
Slide 33: Disclaimer – Forward-looking Statements and Projections
For personal use only Disclaimer – Forward-looking Statements and Projections Whilst reasonable care has been taken in compiling the forward projections in this presentation, they necessarily are based on many assumptions and factors that are beyond the control of the company and accordingly there i