agnion April 2012 agnion Technologies GmbH Sperl-Ring 4 D Hettenshausen

Transcription

1 agnion April 2012 agnion Technologies GmbH Sperl-Ring 4 D Hettenshausen

2 Challenges of Energy Markets World s energy production requirements Economic efficiency Supply guarantee Fuel Flexibility CO 2 Reduction Based on these requirements agnion provides the solution to sustainable energy supply for the future Renewable energy bio waste feedstock Decentralized plants 2

3 The breakthrough in decentralized energy production agnion's technology addresses and resolves the critical challenges: Economic efficiency Supply guarantee Fuel flexibility CO 2 reduction Energy production for base- and peak load Produces electricity, heat methane and H 2 methane at 80 % efficiency and low LCOE agnion's heat pipe reformer runs at 97% availability High flexibility of various bio-feedstock (wood, grass, dung,...) High availability of biomass in almost all regions 3

4 With a novel approach to gasification The agnion heatpipe-reformer produces a pure gas, free of flue gas and nitrogen Conventional gasification agnion Heat Pipe Reformer 4

5 vapor Based on proprietary heat pipes Heat transfer increased by a factor of 20 compared to heat exchangers resulting in 30%+ electricity efficiency & usable high temperature heat Enables all thermal gasification with high heat flux densities avoiding movement of materials resulting in high quality syngas and ability to accept large variety of feedstock condensation condensate. Q out wick Capable of reliably operating at very high temperatures (800 C) Protected by various patents and know how. working fluid evaporation. Q in 5

6 Built on a scalable system architecture 1. Biomass-Storage 2. Heatpipe - Reformer 3. Air Supply 4. Steam Generator 5. Syngas-Filter 6. RME-Scrubber 7. Gas Engine 8. Cyclone 9. Particle Filter 10.Chimney agnion gasifiers design is based on skid mounted, preassembled modules. They can be used in multiple configuration with minimal customization CHP, Methanation, H 2 Production 6

7 Proven with significant operating experience Operating hours - Pilot Plant Performance validated by Fraunhofer Institute - UMSICHT MunichRe to cover shut down risks to secure min hrs. of operation Key components have more than 2 years of individual operating time Pilot plant has been running in fully automated operation for more than 2000 hrs. with industry new 90% uptime First Customer plant - Achental operating since Q

8 World wide biomass potential is tremendous World Biomass Potential Energy Wood Straw Forest residues Bagasse/Palm oil GWe GWe 41 GWe 3, GWe Production (M dry tons/a) Used (M dry tons/a) Potential GWe 75% of available biomass resource in the world is wasted today. This wasted biomass represents a potential of 700 GW el and 1,100 GW heat which can meet Bio Waste GWe 35% of world electricity and heating demand 1 Dung GWe This equals a CO 2 reduction of Waste Wood GWe 5,000 Mt/a *Source: BMVBS 2010/11 and agnion Internal Analysis Notes: Current worldwide annual electric demand is18,000twhel/a heating, 27,000TWhth Annual Market potential of 35 GW el - 190B/a or 115,000 agnion plants at a 100% conversion and 20 years lifetime 8

9 agnion technology can deliver superior economics Renewable Energy LCOE ( ct/kwh) Marine Wind (offshore) LCOE Roadmap ( ct/kwh) Solar Thermal Biomass - Incineration Agnion (2012) Solar PV CHP Methanation 0.17 Geothermal Coal Fired Wind (onshore) Natural Gas CCGT Agnion (2014) Achental: 2011 Q3 Gen 1a: Current Gen 1b: 2012 Q4 Gen 2: 2013 Q4 Gen 3: 2014 Q4 By 2013 and 2014 agnion plants are competitive with fossil fuel as the cheapest source of renewable energy 9

10 Based on a well defined product development plan 3.7 Capital Cost Roadmap ( M ) Gasifier Balance of Plant Project Mgmt & Labour Generation 1A: Reduction of design reserves in Achental Generation 1B: Low risk complexity reduction of sub systems and modular container design Achental: 2011 Q3 Gen 1a: Current Gen 1b: 2012 Q4 Annual operating cost ('000' ) Gen 2: 2013 Gen 3: 2014 Q4 Q Generation 2: Complexity reduction with redesign of sub systems Generation 3: Further reduction resulting from field experience and new R&D developments Achental: 2011 Q3 Gen 1a: Current Gen 1b: 2012 Q4 Gen 2: 2013 Q4 Gen 3: 2014 Q4 10

11 Flexible feedstock strategy 0.04 Feedstock Cost ( /kwh) Achental 2011: High Quality Pellets and Wood chips best quality Gen1a: Wood chips normal quality Gen 1b: Wood chips & Woody mix pellets Gen 2: Gras pellets Achental: 2011 Q3 Gen 1a: Current Gen 1b: 2012 Q4 Gen 2: 2013 Q4 Gen 3: 2014 Q Gen 3: Conditioned agrar pellets (assuming disposal charge 35 /t) Source: Energy Information Administration, 2010; Institute of Energy Economics and the Rational Use of Energy, University Stuttgart,

12 Scalable business model System Installer Technology Provider Market entry (0 20% GM) Focus: Complete Installation Target: 4MWel ( 20M) End Customers: Industrial, Municipalities, Wood Industry Channel: Direct, Agents Scope: Turnkey Plants Product: CHP Market: Germany, Italy, Switzerland Market establishment (0 10% GM) Focus: Outsourced installation, Project Finance 100M facility Target: 12 MWel ( 55M) End Customers: + Utilities, Inst. Investors, Private Wealth Channel: + Partner Scope: Part Plants, Core Components Product: CHP, Single Methanation Market: + Europe, N. America World wide roll out (75% - 80% GM) Focus: Heap pipe sales/licence Target: 60 MWel ( 100M) End Customers: + Real Estate Channel: Agent, Partner, Licence Scope: Core Components, Licence Product: CHP, Methanation, Hydrogen Market: begin Asia 12 12

13 Raising 17.5 M capital to leverage market opportunity Agnion delivers high efficiency biomass, waste and hydrocarbon gasification solutions for Combined Heat and Power (CHP) and synthetic natural gas production Robust and proven Technology Substantial Market Opportunity Compelling Customer Proposition Experienced Team & Investor base Operating time: hours, 2000 hours automated 2 commercial 1.3MW th plants in construction Worldwide potential is greater than 250B/a Biomass can cover 45% of the world electricity and heat demand Feedstock flexible plants with up to 16%+ Project IRR today One stop shop providing complete solution incl. Proj. Finance 50+ years experience in energy and turnkey solutions Seasoned Investors KPCB, MVP, Wellington, Waste Mgmt Group Proprietary IP base More than 10 years of R&D and commercialization 27 Patent families and 9 granted patents 13

14 Questions? Dr. Stephan Mey agnion Technologies GmbH Sperl-Ring 4 D Hettenshausen Phone: Mail: stephan.mey@agnion.de 14