Agenda. Drakoo Technology Hann-Ocean. The Past The Present The Future. Type-B Sea Trial in Singapore

Transcription

1 Type -B Type -R 1

2 Agenda Drakoo Technology Hann-Ocean The Past The Present The Future Type-B Sea Trial in Singapore 2

3 Abstracts A revolutionary WEC Drakoo - Dragon King of Ocean Capture close to 100% wave energy Peak conversion efficiency up to 81% Cost of electricity low to $0.07/kWh Load/Capacity factor 35% - 40% Cut-in waves as low as 0.2m No danger to marine lives Survive in stormy seas Plug & Run System Fixed or Floating Revenue $140,000,000 $120,000,000 $100,000,000 Type -B Type -R Cumulative Revenue: S$382m ROI: 4.7x in 5 years 10.7x in 8 years $80,000,000 $60,000,000 $40,000,000 $20,000,000 $

4 Hann-Ocean History Floating Platform Technologies and Product Development Marine Design, Research & Development Applied Engineering & Design Solution Computer Simulations & IP Licensing Technology and Market Development for Ocean Wave, Tidal Current Energy Conversion /Absorption Est Supply of Floating Platforms / Pontoons / Barges Sales of Pontoon Securing Devices Est Est

5 Management Team Henry Lei Han Managing Director MSc Smart Product Design from NTU Singapore 11 years service at Defence & Science Technology Agency Singapore >15 awards including Innovation Excellence Awards Andreas Knie Corporate Finance Manager MSc International Business from Maastricht University Financial Controlling (BMW) and Sales (OBI) Liza Zhe Li Naval Architect MSc Subsea Engineering from Universities of Strathclyde and of Glasgow Structural and hydrodynamic analyses 5

6 Waves & WEC Ocean Waves: Stored wind energy High energy density Reliable source Predictable pattern Seasonal effect From: Drakoo Wave Generators: Operational Waves: 0.2m to 5.5m Output Capacity: 1kW to 1.5MW 6

7 Technology Advancement Working Principle (internationally patented) Transforms waves into a continuous water jet driving a hydro turbine generator Proven repeatedly in lab tests and sea trials Wave-to-hydro power conversion efficiency to 100% at peak and 58% on average in regular waves, verified by Narec UK Key Milestones Achieved 8

8 Type-B Prototyping Power Take-off Prototype Hydro Turbine 9

9 Sea Trial Market Analysis Drakoo-B0001 Tested at Tuas View Sea of Singapore in May

10 Development History Market Analysis Click to play movie 11

11 Narec Test Report Patented Design * CWR Capture Width Ratio = Hydro Power Captured / Incident Wave Power within Net Width of the Inlet of the device 12

12 Drakoo Efficiencies Patented Design 13

13 Drakoo Product Variations 2x16kW 90kW Internationally Patented Design Floating Modular WEC Type-B 3x50kW 1.5MW 14

14 WEC Benchmarking Technology Drakoo s Difference Result OWC Two chambers and water-driven monodirectional flow Kaplan turbine Higher efficiency Smaller size Buoy Permanent magnetic generator converts hydro power to electricity directly rather than through hydraulic motors Higher efficiency Smaller size Low cost Oyster Installation not limited to sea-bed mounting No pump or water piping transmission loss Pelamis No hydraulic system and can be fixed Coastal fixed breakwaters Offshore floating structures Higher wave inputs offshore Higher efficiency Higher reliability Smaller size Higher survivability Low cost 15

15 WEC Benchmarking Qualitative Comparison of WECs PowerBuoy Ceto Drakoo Oyster Pelamis Dimension Efficiency Simplicity Reliability Durability Versatility Cost-effectiveness Description Power generated per wave energy input Shape, configuration and number of moving parts Use of commercially available parts Survivability and life span Range of application kwh per $ over life cycle 16

16 Competitive Advantages Excellent Efficiency Capturing up to 100% and conversion up to 81% High Cost-Effectiveness Cost of electricity $0.07/kWh for MW scale Versatile Deployment Type-B & R, Fixed or Floating Broad Operational Range 2sec to 16sec waves High Survivability Pressure release mechanism Plug-n-Run Architecture Detachable Power Take-off Eco-Friendliness No danger to marine lives Pressure Release Mechanism Detachable Power Take-off No Danger to Marine Lives 17

17 Key Milestones Innovation & Development Process Type-B Small Scale Sea Trials Type-B Large Scale Narec Type-R Large Scale EMEC Patents Granted Wave Farm Project Insurance 2017 University Wave Flume Tests National Patent Filing 2011 Proof of Concept International Patent Examination PCT Patent Application

18 Drakoo-B0016 Market Analysis Jetty Jetty Floating Modular WEC 2 x Drakoo-B0016 Internationally Patented Design 19

19 Drakoo-B0016 Market Analysis Jetty Internationally Patented Design Floating Modular WEC 2 x Drakoo-B

20 Drakoo-B0004 Market Analysis Model No.: B0004G Ver. 03/2012 Power Take-off Driver Peak Output (Cut-off) Min. Wave Height and Peak Period for the Peak Output Wave Absorption/Capture Efficiency (Peak) Overall Wave-to-Electricity Efficiency (Peak) Kaplan Turbine 4.0 kwp 0.9 m & 6 sec > 80 % 55 % Load Factor/Capacity Factor 35 % - 40 % - B0004G Internationally patented All rights reserved by Hann-Ocean 21

21 Drakoo-B0004 Market Analysis - B0004G Internationally patented All rights reserved by Hann-Ocean Internationally Patented Design 22

22 Drakoo-B0004 Market Analysis Type-B Mounted on Shoreline - B0004G All rights reserved Internationally patented 23

23 Technical Specification Market Analysis Key Parameters Model No. B0004G Ver. 03/2012 Height 2.95 m Width 2.97 m Depth 2.31 m Weight 1.3 t Draft 1.20 m Freeboard 1.14 m Material GRP Position Keeping Attachable to floating platform or self-buoyant with guide piles and/or interconnected with Hann-Ocean s Rigid Pontoon Connector Internationally patented All rights reserved by Hann-Ocean Internationally Patented Design 24

24 Technical Specification Market Analysis Power Take-off System Model No.: B0004G Ver. 03/2012 Power Take-off Driver Electricity Generator Nominal Output Peak Output (Cut-off) Min. Wave Height and Peak Period for the Peak Output Output Voltage Kaplan Turbine PMSG 2.6 kw 4.0 kwp 0.9 m & 6 sec Vac (3phase) Wave Absorption/Capture Efficiency (Peak) > 80 % Overall Wave-to-Electricity Efficiency (Peak) 55 % Load Factor/Capacity Factor Internationally 35 % - 40 % Patented Design 25

25 Performance Market Analysis Power Output Scatter Diagram - B0004G Predicted based on computer simulations and wave tank tests. 26

26 Future Development Market Analysis Drakoo-R Design Internationally Patented Design 27

27 Future Development Floating Loop WEC Type-B Integrated with Wind Turbine Internationally Patented Design

28 Future Development Market Analysis Fixed Modular WEC Type-B Integrated with Breakwater Internationally Patented Design 29

29 Future Development Market Analysis Internationally Patented Design Floating Point WEC Type-R Networked Wave Farm 30

30 Cost of Electricity Cost of Electricity $0.25 US$/kWh $0.20 $0.15 $0.10 Cost of Electricity $0.05 $0.25 $0.20 US$/kWh US$/kWh $- $0.15 $0.10 $0.05 US$/kWh $- where Technology US$/kWh Source Solar (Utility Scale) $ 0.23 Renewables 2010 Global Status Report* Onshore Wind $ 0.07 Renewables 2010 Global Status Report* Offshore Wind $ 0.12 Renewables 2010 Global Status Report* Tidal $ 0.13 VOITH GmbH Wave (Pelamis) $ 0.21 Case study published in Renewable Energy Drakoo-R1500 $ 0.07 HOE projection where Technology US$/kWh Source Solar (Utility Scale) * Average of $ range 0.23 indicated by original Renewables source 2010 Global Status Report* Onshore Wind $ 0.07 Renewables 2010 Global Status Report* Offshore Wind $ 0.12 Renewables 2010 Global Status Report* Tidal $ 0.13 VOITH GmbH 31