Grid Balancing, Power-to-Gas Energy Storage, Low cost, Low Carbon, Clean Fuel, Hydrogen Refuelling stations

1. COMPANY PRESENTATION DECEMBER 2014 | LONDON

2. Contents:
•Introduction
•Grid Balancing
•Power-to-Gas Energy Storage
•Thüga project
•Low Cost | Low Carbon | Clean Fuel
•Refuelling station projects
•Summary
COMPANY PRESENTATION DECEMBER 2014 | LONDON

3. RAPID RESPONSE
HYDROGEN ENERGY SYSTEMS
RAPID RESPONSE ELECTROLYSER
ITM Electrolyser
Clean Fuel
Energy Storage
Wind Power
Grid
Scalable | Rapid Response | Self pressurising

4. GROWING WIND GENERATION
ENERGY STORAGE: THE NEED
HYDROGEN ENERGY SYSTEMS
•Evidence of grid balancing problems from Germany and Denmark
•Problems start at 20% capacity
•UK hit this threshold at the end of 2013
•Energy Storage is a Market Pull
Source: ITM Power plc, data from BWEA

5. THE NEED: GRID BALANCING
BALANCING SUPPLY AND DEMAND:
•A total of £725m paid for balancing services in 2010–11
•Estimates in 2020 are: circa £1.9bn – £5.9bn pa
•Tariffs already operational in the UK: FCDM response sub 2 seconds
HYDROGEN ENERGY SYSTEMS

6. REFUELLING STATIONS | P2G UNITS
HYDROGEN ENERGY SYSTEMS
RAPID RESPONSE ELECTROLYSER
Scalable | Rapid Response | Self pressurising

7. GRID BALANCING
FREQUENCY POWER-TO-GAS THÜGA PROJECT

8. POWER GRID
Mechanical Inertia | Dynamic Coupling
•3000 rpm | 50Hz
•Power | Frequency shedding
•Max 4% swing 48Hz|52Hz
•Obligation average 50Hz in 1hour
MECHANICAL INERTIA
POWER GRID OPERATION

9. THE NEED: GRID BALANCING
ENERGY STORAGE | CLEAN FUEL
BALANCING SUPPLY AND DEMAND: SECOND BY SECOND

10. THE NEED: GRID BALANCING
ENERGY STORAGE | CLEAN FUEL
BALANCING SUPPLY AND DEMAND: SECOND BY SECOND
Dynamic
Rising Frequency
Falling Frequency
Supply Side Balancing Action
Turn OFF a generator
Turn ON a generator
Demand Side Balancing Action
Turn ON a load
Turn OFF a load

11. ENERGY STORAGE | CLEAN FUEL
PRIMARY VS SECONDARY RESPONSE
RAPID RESPONSE ELECTROLYSIS

12. RAPID RESPONSE ELECTROLYSIS
ENERGY STORAGE | CLEAN FUEL
FREQUENCY CONTROL BY DEMAND MANAGEMENT (FCDM)
•Deliver in less than 2 seconds
•Maintain demand reduction | increase for at least 30mins
•Demand greater than 3MW; which may be achieved by aggregating a number of small loads
•Have a suitable operational metering
•Provide output signal into National Grid’s monitoring equipment

13. WHY POWER-TO-GAS?
POWER-TO-GAS RATIONALE
Electricity cannot be stored easily | Hydrogen can be stored easily in the gas grid
Source: ITM Power plc
HYDROGEN ENERGY SYSTEMS

14. ENERGY STORAGE | CLEAN FUEL
ENERGY STORAGE TECHNOLOGIES
ENERGY STORAGE TECHNOLOGIES
Power-to-gas is efficient | long term | low energy cost
Source: ITM Power plc

15. P2G PLANT & VISITOR CENTRE
HYDROGEN ENERGY SYSTEMS

16. RAPID RESPONSE PEM ELECTROLYSIS
ENERGY STORAGE | CLEAN FUEL
From a responsive to a dynamic DS load
•£0.4m TSB (UK Gov) grant
•Joint with AEG
•Responds to frequency
•Responds in one cycle
RAPID RESPONSE | HIGH PRESSURE

17. CPUC Sets the energy storage mandate for the power sector
•Energy storage target of 1,325 megawatts
•Obligation on 3 major CA utilities by 2020
•Optimization of the grid, including peak reduction
•Integration of renewable energy
•Reduction of GHG emissions to 80% below 1990 levels by 2050 “This decision represents an important first step in encouraging the storage market and supporting grid reliability,” Commissioner Carla J. Peterman, the lead Commissioner for this proceeding.
CALIFORNIA ENERGY STORAGE
1.3GW ENERGY STORAGE MANDATE IN CALIFORNIA
HYDROGEN ENERGY SYSTEMS

18. CLEAN FUEL
WHAT IS A FCEV THE CARS REFUELLING

19. FUEL CELL CARS
WHAT IS A FUEL CELL CAR?
An EV drive train that’s refuelled rather than recharged
•Refuel in 3 minutes
•Range 400 miles
•Managed export of energy from the grid
HYDROGEN ENERGY SYSTEMS

20. HYUNDAI IX35 FCEV
Launched in 2013
California, Germany and UK
Lease $499/month
HYDROGEN ENERGY SYSTEMS

21. TOYOTA MIRAI FCEV
Launch in 2015 California, Germany and UK Sale $57.5k
HYDROGEN ENERGY SYSTEMS

22. ENERGY STORAGE | CLEAN FUEL
UKH2MOBILITY
UK Government has committed £500m to ULEV
•Public consultation closed 9th January
•Industry call for evidence closed 9th January
•OLEV visited ITM Power and the CEC in California
•Initial roll out of 65 x 80kg/day stations | 50% electrolysis
•£11m first call announced
National Hydrogen Mobility Plans

23. ON-SITE HYDROGEN PRODUCTION
ENERGY STORAGE | CLEAN FUEL
80KG/DAY REFUELING SYSTEM

24. UK REFUELLING STATIONS
UK REFUELLING STATIONS
M1 Refuelling Station | AMP Sheffield
•ITM Power’s second public station
•Opening in March 2015
•Currently operating at ITM Power
HYDROGEN ENERGY SYSTEMS

25. UK REFUELLING STATIONS
UK REFUELLING STATIONS
EcoIsland (TSB) 1x80kg | 1x15kg £1.5m
HyFive (EU) 3x80kg €3.0m
OLEV £11m Call 6x80kg Tender
H2Mobility 65x80kg Tender
H2Mobility 1,000 Stations Tender
Development of a UK Infrastructure Business
•Grant funded Capex and Opex
•Maintenance contract with each award
•OLEV £11m announced | OLEV £60m call in early 2015
•OLEV have indicated £100m allocated for hydrogen (un-announced)
HYDROGEN ENERGY SYSTEMS

26. Selected by the LHP as the 2013 HRS partner
•LHP Funded the ITM Power 2013 JTI submission
•100 Fuel Cell Electric Vehicles from 5 OEMs
•ITM to build 3 refuelling stations in London
•Backing from the Mayor’s office
•€18m total EU (JTI) funding
•£2.8m to ITM Power
LONDON HYDROGEN PARTNERSHIP
HYDROGEN ENERGY SYSTEMS

27. WWW.HYFIVE.EU
HYDROGEN ENERGY SYSTEMS

28. FCH JU 2: 2014
FCH JU 2: 2014
HYDROGEN ENERGY SYSTEMS
FCH budget €1.4bn, managed by the New Energy World
•Development: 100% of the total eligible cost
•Demonstrations: 70% maximum will apply for profit making entities
EcoIsland (TSB) 1x80kg | 1x15kg £1.5m
HyFive (EU) 3x80kg €3.0m
P1: Transport 2014: €40m Tender
P2: Energy 2014: €40m Tender
FCH JU2 €1.4bn Annual Tender

29. H2USA ENERGY STORAGE | CLEAN FUEL
Hyundai, Chino 100% Renewable Hydrogen Station

30. CALIFORNIA REFUELLING STATIONS
CALIFORNIA REFUELLING STATIONS
2013 PON Hyundai Chino Won $1.3m
2014 PON Riverside Won $2.1m Bid
2015 PON 10x100kg Tender
8 More PON’s 80x100kg Annual Tender
California Hydrogen Infrastructure Deployment
•Fund of $200m for 100 hydrogen stations with up to $20m a year for 10yrs
•2012: ITM Power Inc. established in California
•2013: ITM Power Inc. wins H2 station award with 2 North American partners at Hyundai, Chino
•2014: ITM Power Inc. wins H2 station award with 2 North American partners at the City of Riverside
HYDROGEN ENERGY SYSTEMS

31. Code
Status
Project
Location
Specification
Funding
Value
Ownership
HRS 001
Operating
Nottingham
Univ of Notts
5kg/day 350 bar
TSB (UK Gov)
£275k
Univ of Notts
HRS 002
Operating
HOST
Mobile refueller
15kg/day 350 bar
TSB (UK Gov)
£326k
ITM Power
HRS 003
Operating
Ecoisland marine
Ventnor, Isle of Wight
15kg/day 350 Bar
TSB (UK Gov)
£326k
ITM Power
HRS 004
Operating
M1 vehicle
M1 Junction 33
80kg/day 350Bar
TSB (UK Gov)
£1.2m
ITM Power
HRS 005
In Build
HyFive
3 stations in London
80kg/day 700 bar
FCH JU (EU)
£1.55m
ITM Power
HRS 006
In Build
HyFive
3 stations in London
80kg/day 700 bar
FCH JU (EU)
£1.55m
ITM Power
HRS 007
In Build
HyFive
3 stations in London
80kg/day 700 bar
FCH JU (EU)
£1.55m
ITM Power
HRS 008
In Build
CHINO Hyundai
Chino, California
100 kg/day 700bar
CEC
£1.7m
Hyundai
HRS 009
In Build
Riverside
Riverside, California
33kg/day 700 bar
CEC
£1.7m
ITM Power
HRS 010
Development
Hyundai
London M4, A4
80kg/day 700 bar
FCH JU (EU)
£1.55m
ITM Power
HRS 011
Development
UK H2Mobility
South East England
80kg/day 700 bar
OLEV (UK Gov)
£1.55m
ITM Power
HRS 012
Development
UK H2Mobility
South East England
80kg/day 700 bar
OLEV (UK Gov)
£1.55m
ITM Power
HRS 013
Development
UK H2Mobility
South East England
80kg/day 700 bar
OLEV (UK Gov)
£1.55m
ITM Power
HRS 014
Development
UK H2Mobility
Mobile Station
33kg/day 350bar
OLEV (UK Gov)
£800k
ITM Power
HRS 015
Development
UK H2Mobility
Mobile Station
33kg/day 350bar
OLEV (UK Gov)
£800k
ITM Power
ITM POWER | REFUELLING STATIONS
REFERENCE PLANT | ASSETS
HYDROGEN ENERGY SYSTEMS

32. REFERENCE PLANT
REFERENCE PLANT | GERMANY | UK | USA
A major barrier to entry overcome
•NRE has been invested
•Products have been standardised
•Compliance in UK | EU | USA
•Power-to-Gas and Refuelling Stations
HYDROGEN ENERGY SYSTEMS

33. Commercial progress to date:
A Total of £7.87m of projects under contract
A further £1.3m of income already recognised in the period
All projects bid with a 50% upfront payment
Strongly developing pipeline of commercial sales and funded projects
COMPANY PRESENTATION DECEMBER 2014 | LONDON

34. COMPANY PRESENTATION DECEMBER 2014 | LONDON