ITM Power (AIM: ITM), the energy storage and clean fuel company, announces its audited results for the
year ended 30 April 2014. The Company currently has £6.550m of projects under contract.
Summary
Commercial Progress in year
- £5.140m of projects under contract at year end
- Won £2.800m contract to supply three refuelling stations in London
- A total of £2.000m refueller build contracts won with Californian Energy Commission
- Thüga Group’s Power-to-Gas plant officially commissioned and operational on schedule
- Successful injection of hydrogen into the German gas grid
- Participation in the UK, US, Swiss and French Hydrogen Infrastructure Programmes
- Optimisation of standard product platforms and reduction in standard product cost
- Partnership with NRM, Germany for Power-to-Gas projects
-Gas network optimisation contract with AMEC and National Grid
Full release here: http://www.itm-power.com/news-item/results-for-the-year-ended-30-april-2014/
ITM Power PLC produces hydrogen energy systems for power-to-gas energy storage and hydrogen refueling stations. It has £9.97 million of projects under contract and a further £5.79 million in late stages. Its products offer rapid response, high pressure storage, high efficiency, and scalability up to 1 megawatt. ITM Power aims to achieve positive cash flow quickly by focusing on large projects and using reference plants and refueling stations to drive sales in power-to-gas and mobility sectors.
Throttle Energy is a fully integrated oil and gas company that uses patented technologies to capture flare gas, process it into compressed natural gas (CNG), transport it via trailer, and deliver it to power plants and other end users. The company aims to provide a cheaper and more reliable alternative to pipelines and LNG for natural gas delivery. Throttle Energy has completed projects in several oil and gas basins in the U.S. and Canada. Its virtual pipeline process and mobile equipment allow it to transport gas from remote locations cost effectively.
* We have a technology called the VIRTUAL PIPELINE TECHNOLOGY (VPT) - captures flared gas, stranded gas, associate gas (dry or wet - explained in the slide) at any given pressure, processes it, transport and supply the gas at the preferred discharge pressure. Our tubes carries a minimum of 550mscf (could carry more if the road is good and can take the weight). It can also pick up gas from existing pipelines and deliver gas to pipeline disconnected areas.
* Modular Power Plant (minimum of 1.5MW) and can be co-generated (power and steam/hot water).
INSIGHT: building a gigantic MW plants that will take 4 - 5 years to achieve also not considering where the source of feedstock is has been a major problem in West Africa.
Meanwhile, TEI can build modular plants (1.5MW each) 6MW plants + VPT within 6 - 9 months and could have 100 different locations (600MW) over a period of time serving numerous locations, and make the return on your investments within a year or 16 - 18 months as the case may be (depending on the distance from feedstock and discharge pressure) yet achieving the same purpose (or even more) in a significant less amount of time as any stand alone 500MW which will just be concluded in the 4th or 5th year talk less of when the breakeven point will be.
Also, if one station goes out, it does not affect the other 99 plants/stations hence providing light/electricity to a wider range. Another better advantage of our VPT and modular plants and why we are better than any product on earth as of today. So robust, you can deploy in the rural areas.
* Modular Gas Storage - For contingent supplies, we can build modular storage facility (such as a farm tanks) with storage capacity of 7.5mmscf/d and could increase in the same module. It is very scalable in that, other than the fact that we can move it from a location to another, we could also convert the modules to a gas transportation/supply cylinders attached to trucks.
* Modular Gas Separator - used to extract by-products of natural gas in small quantities. Methane to power turbines, Propane for cooking, Butane, LNG, etc. are other by-products we can help monitize...
These are reasons why we are a SOLUTION to the Gas, Power and Energy sectors and looking forward to providing a solution to the existing problems.....
Emirates Steel Industry Carbon Capture Usage & Storage Project and ADNOC Ruma...Global CCS Institute
The document outlines two carbon capture, usage, and storage projects in Abu Dhabi: the Emirates Steel Industry CCUS Project and the ADNOC Rumaitha/Bab CO2 Project. It discusses the drivers for CCUS in Abu Dhabi including meeting strategic gas demand, environmental commitments, leadership in CCUS, and commitment to clean energy. It provides an overview of the technical aspects of the two projects including CO2 capture at Emirates Steel, compression, transportation via pipeline, and injection at Rumaitha for enhanced oil recovery. Execution involves Masdar and ADNOC working on the different components, and there is potential for future CCUS projects linked to ADNOC's CO2 demand.
This document provides an overview of an energy performance contracting project undertaken by Dublin Port Company to upgrade the boiler house and ventilation controls at their Port Centre building. Key points:
- The project involved installing new high-efficiency gas boilers and micro-CHP unit with buffer vessel for the boiler house, and installing BMS controls for the variable air volume boxes in offices.
- The projects were delivered through an energy performance related payment model where contractors guaranteed 15% energy savings for the boiler upgrade and targets for the ventilation controls.
- Measurement and verification found the projects significantly exceeded guaranteed savings, with the boiler upgrade achieving 26.7% savings and ventilation controls achieving 52.9% savings after 6 months.
ITM Power PLC produces hydrogen energy systems for power-to-gas energy storage and hydrogen refueling stations. It has £9.97 million of projects under contract and a further £5.79 million in late stages. Its products offer rapid response, high pressure storage, high efficiency, and scalability up to 1 megawatt. ITM Power aims to achieve positive cash flow quickly by focusing on large projects and using reference plants and refueling stations to drive sales in power-to-gas and mobility sectors.
Throttle Energy is a fully integrated oil and gas company that uses patented technologies to capture flare gas, process it into compressed natural gas (CNG), transport it via trailer, and deliver it to power plants and other end users. The company aims to provide a cheaper and more reliable alternative to pipelines and LNG for natural gas delivery. Throttle Energy has completed projects in several oil and gas basins in the U.S. and Canada. Its virtual pipeline process and mobile equipment allow it to transport gas from remote locations cost effectively.
* We have a technology called the VIRTUAL PIPELINE TECHNOLOGY (VPT) - captures flared gas, stranded gas, associate gas (dry or wet - explained in the slide) at any given pressure, processes it, transport and supply the gas at the preferred discharge pressure. Our tubes carries a minimum of 550mscf (could carry more if the road is good and can take the weight). It can also pick up gas from existing pipelines and deliver gas to pipeline disconnected areas.
* Modular Power Plant (minimum of 1.5MW) and can be co-generated (power and steam/hot water).
INSIGHT: building a gigantic MW plants that will take 4 - 5 years to achieve also not considering where the source of feedstock is has been a major problem in West Africa.
Meanwhile, TEI can build modular plants (1.5MW each) 6MW plants + VPT within 6 - 9 months and could have 100 different locations (600MW) over a period of time serving numerous locations, and make the return on your investments within a year or 16 - 18 months as the case may be (depending on the distance from feedstock and discharge pressure) yet achieving the same purpose (or even more) in a significant less amount of time as any stand alone 500MW which will just be concluded in the 4th or 5th year talk less of when the breakeven point will be.
Also, if one station goes out, it does not affect the other 99 plants/stations hence providing light/electricity to a wider range. Another better advantage of our VPT and modular plants and why we are better than any product on earth as of today. So robust, you can deploy in the rural areas.
* Modular Gas Storage - For contingent supplies, we can build modular storage facility (such as a farm tanks) with storage capacity of 7.5mmscf/d and could increase in the same module. It is very scalable in that, other than the fact that we can move it from a location to another, we could also convert the modules to a gas transportation/supply cylinders attached to trucks.
* Modular Gas Separator - used to extract by-products of natural gas in small quantities. Methane to power turbines, Propane for cooking, Butane, LNG, etc. are other by-products we can help monitize...
These are reasons why we are a SOLUTION to the Gas, Power and Energy sectors and looking forward to providing a solution to the existing problems.....
Emirates Steel Industry Carbon Capture Usage & Storage Project and ADNOC Ruma...Global CCS Institute
The document outlines two carbon capture, usage, and storage projects in Abu Dhabi: the Emirates Steel Industry CCUS Project and the ADNOC Rumaitha/Bab CO2 Project. It discusses the drivers for CCUS in Abu Dhabi including meeting strategic gas demand, environmental commitments, leadership in CCUS, and commitment to clean energy. It provides an overview of the technical aspects of the two projects including CO2 capture at Emirates Steel, compression, transportation via pipeline, and injection at Rumaitha for enhanced oil recovery. Execution involves Masdar and ADNOC working on the different components, and there is potential for future CCUS projects linked to ADNOC's CO2 demand.
This document provides an overview of an energy performance contracting project undertaken by Dublin Port Company to upgrade the boiler house and ventilation controls at their Port Centre building. Key points:
- The project involved installing new high-efficiency gas boilers and micro-CHP unit with buffer vessel for the boiler house, and installing BMS controls for the variable air volume boxes in offices.
- The projects were delivered through an energy performance related payment model where contractors guaranteed 15% energy savings for the boiler upgrade and targets for the ventilation controls.
- Measurement and verification found the projects significantly exceeded guaranteed savings, with the boiler upgrade achieving 26.7% savings and ventilation controls achieving 52.9% savings after 6 months.
Mission Innovation aims to reinvigorate and accelerate global clean energy innovation with the objective to make clean energy widely affordable. Through a series of Innovation Challenges, member countries have pledged to support actions aimed at accelerating research, development, and demonstration (RD&D) in technology areas where MI members believe increased international attention would make a significant impact in our shared fight against climate change. The Innovation Challenges cover the entire spectrum of RD&D; from early stage research needs assessments to technology demonstration projects.
The Carbon Capture Innovation challenge aims to explore early stage research opportunities in the areas of Carbon Capture, Carbon Utilization, and Carbon Storage. The goal of the Carbon Capture Innovation Challenge is twofold: first, to identify and prioritize breakthrough technologies; and second, to recommend research, development, and demonstration (RD&D) pathways and collaboration mechanisms.
During the webinar, Dr Tidjani Niass, Saudi Aramco, and Jordan Kislear, US Department of Energy, provided an overview of progress to date. They also highlighted detail opportunities for business and investor engagement, and discuss future plans for the Innovation Challenge.
The company is transitioning from being grant-funded to generating sales revenue from its products. It has £16.98 million in contracts and £1.37 million in negotiations. The document discusses the company's power-to-gas and clean fuel projects, including hydrogen energy storage technologies, fuel cell vehicles, and hydrogen refueling stations. It provides details on the company's 100MW design for large-scale power-to-gas installations and a complete turnkey solution.
Cutting Cost of CO2 Capture in Process Industry (CO2stCap) Project overview &...Global CCS Institute
The CO2StCap project is a four year initiative carried out by industry and academic partners with the aim of reducing capture costs from CO2 intensive industries (more info here). The project, led by Tel-Tek, is based on the idea that cost reduction is possible by capturing only a share of the CO2emissions from a given facility, instead of striving for maximized capture rates. This can be done in multiple ways, for instance by capturing only from the largest CO2 sources at individual multi-stack sites utilising cheap waste heat or adapting the capture volumes to seasonal changes in operations.
The main focus of this research is to perform techno-economic analyses for multiple partial CO2 capture concepts in order to identify economic optimums between cost and volumes captured. In total for four different case studies are developed for cement, iron & steel, pulp & paper and ferroalloys industries.
The first part of the webinar gave an overview of the project with insights into the cost estimation method used. The second part presented the iron & steel industry case study based on the Lulea site in Sweden, for which waste-heat mapping methodology has been used to assess the potential for partial capture via MEA-absorption. Capture costs for different CO2 sources were compared and discussed, demonstrating the viability of partial capture in an integrated steelworks.
Webinar presenters included Ragnhild Skagestad, senior researcher at Tel-Tek; Maximilian Biermann, PhD student at Division of Energy Technology, Chalmers University of Technology and Maria Sundqvist, research engineer at the department of process integration at Swerea MEFOS.
A consultation paper and request for feedback on a proposed new set of regulations limiting greenhouse gas emissions (i.e. methane) from proposed new LNG export facilities in Nova Scotia--should those facilities get built.
The Global CCS Institute and USEA co-hosted a briefing on the importance of R&D in advancing energy technologies on June 29 2017. This is the presentation given by Alfred “Buz” Brown, Founder, CEO and Chairman of ION Engineering.
Natural gas and bio methane as fuel for transport r. strodsEuropean Commission
This document discusses the use of compressed natural gas (CNG) as an alternative fuel for transportation in Europe. It proposes standards for CNG fueling infrastructure along major road networks and recommends a target of 16,000 CNG stations by 2025 to support 15 million natural gas vehicles. It also outlines plans to use off-grid CNG solutions that do not require access to gas pipelines, such as mobile CNG transport and storage units, to expand fueling coverage and access to biogas and liquefied natural gas. The document presents an off-grid CNG pilot project along the North Sea-Baltic transport corridor in Latvia as a case study.
Update on CCS Activities in Canada and Possible Topics for European Collaboration, Kathryn Gagnon (Policy Advisor, Natural Resources Canada) UK/Norway/Canada Meeting 18/19 March 2015
The Global CCS Institute and USEA co-hosted a briefing on the importance of R&D in advancing energy technologies on June 29 2017. This is the presentation given by Ron Munson, Global Lead-Capture at the Global CCS Institute.
The document outlines two carbon capture, usage, and storage projects in Abu Dhabi: the Emirates Steel Industry CCUS Project and the ADNOC Rumaitha/Bab CO2 Project. It discusses the drivers for CCUS in Abu Dhabi including increasing gas demand, environmental goals, commitments to clean energy, and establishing regional leadership in CCUS. The projects will involve capturing CO2 from Emirates Steel, compressing and transporting it via pipeline to the Rumaitha oil field for injection and enhanced oil recovery. Successful implementation is expected to demonstrate CCUS viability and enable future projects to meet Abu Dhabi's growing CO2 needs.
Unlocking the Innovation Hidden within Today’s Variable-Speed DrivesEMEX
It is more than 40 years since the technology of variable-speed drives (VSDs) entered the market. Yet despite electric motors accounting for some 65 percent of industrial energy consumption, only 5 percent of installed motors are speed controlled. While not all motors are suitable for speed control, there is still a large proportion that could be. Yet when asked what is the most effective way to reduce energy, UK business responded with “change energy supplier”. Without doubt the most effective way to get real energy savings is to install energy efficient motors and VSDs. In this presentation John Guthrie looks at the impact of VSDs on a diverse range of sectors, offering real examples from hospitals and swimming pools to data centres and car parks.
The Global CCS Institute and USEA co-hosted a briefing on the importance of R&D in advancing energy technologies on June 29 2017. This is the presentation given by Tim Merkel, Director, Research and Development Group at Membrane Technology & Research (MTR)
1) The document discusses modeling offshore wind investments in Norway using the IFE-TIMES-Norway energy system model. It analyzes scenarios where offshore wind is cost competitive and connected to Norway or exported to Europe.
2) Modeling is done for several offshore wind areas based on their potential capacity and suitable foundation types. Investment costs and possible transmission connections are parameters.
3) Model runs analyze a baseline scenario and scenarios with trade limitations or investment subsidies. Results show large subsidies would be needed for offshore wind to be competitive and connect to Norway. Export to Europe is preferred due to price conditions.
Making the CNG Virtual Pipeline a Reality for Transportation Natural Gas (TNG)Jolynn Kennedy, CIMS-GB
No natural gas pipeline? No problem. You can facilitate off-pipeline vehicle fueling for CNG transportation fleet. Learn how by checking out this informative presentation by Broadwind | SAFE, XNG and Hexagon Composites.
The White Rose Carbon Capture and Storage Project aims to demonstrate oxy-combustion carbon capture and storage technology at a commercial scale. The project involves building a 426MW oxy-combustion power plant at Drax power station in North Yorkshire to capture around 90% of emissions. The captured CO2 will be transported via a pipeline for storage under the North Sea. The project aims to help reduce UK emissions and demonstrate CCS as reliable, affordable low-carbon technology.
The Asia CCUS Network has been successfully launched on 22-23 June 2021 with initially 13 countries (all ASEAN member countries, the United States, Australia, and Japan) and more than 100 international organisations, companies, financial and research institutions that share the vision of CCUS development throughout the Asian region.
The Network members have expressed their intention to participate to share the vision of the Asia CCUS Network that aims to contribute to the decarbonisation of emissions in Asia through collaboration and cooperation on development and deployment of CCUS.
The Asia CCUS Network provides opportunities for countries in the region to work and collaborate on the low emission technology partnership that will eventually help to build countries’ capability to lower the cost of CCUS technology and its deployment through the collaboration of research and innovation.
At the 2nd Asia CCUS Network (ACN) Knowledge Sharing Conference, the Asia CCUS Network is very pleased to invite experts from the Department of Energy, United States of America (USDOE) to share their insights and experiences about CCUS development and policy to support the deployment of CCUS technology.
The ACN will be an active forum to bridge the knowledge gap on CCUS technologies, policy development to support the development and deployment of CCUS in Asia. Thus, this conference hosted in collaboration with IEA will help to bring in update knowledge, opportunity for investment in CCUS in Asia.
Renewable Gas for the large industry sector - The road to Ireland's low carbo...Linda O'Brien
Presentations from a Renewable Gas event held on 15th March 2016
The Sustainable Energy Authority of Ireland (SEAI)
University College Cork
Gas Networks Ireland
Diageo
Renewable Gas landscape in Europe and Ireland’s Resources
Professor Jerry Murphy, UCC & International Energy Agency (IEA) Biogas Research Task Member.
Enabling Industry to achieve decarbonisation targets with existing gas boilers, CHP, and natural gas infrastructure. Matching supply and demand with the Renewable Gas Forum. Ian Kilgallon, Innovation Manager & Business Development Manager, Gas Networks Ireland.
Diageo Case Studies; How Green Gas Certification works for Diageo in North America and how Green Gas could be an option for St. James’s Gate. Luis Antonio Rangel, Global Head of Commodities & Raw Materials, Diageo
GE ADGT Application - Virtual Pipeline
GE코리아 뉴스레터를 구독하세요! http://goo.gl/IE8WS8
GE코리아 YouTube 채널을 구독하세요! http://goo.gl/M2gc8m
상상을 현실로 만듭니다. Imagination at work.
GE가 꿈꾸는 가치입니다. 아니, GE는 단지 꿈만 꾸고 있는 것이 아닙니다. 상상을 현실로 만들기 위해, 불가능했던 것을 가능하게 만들기 위해 쉬지 않고 움직이고 있습니다. GE는 에너지, 의료, 항공, 수송, 금융 등의 여러 분야에서 고객과 인류사회의 진보를 위해 더 편리하고 빠르며 친환경적인 솔루션을 찾아냅니다.
Connect with GE Online:
GE코리아 웹사이트: http://www.ge.com/kr/
GE리포트코리아: http://www.gereports.kr/
GE코리아 페이스북 페이지: hhttps://www.facebook.com/GEKorea
GE코리아 슬라이드쉐어: http://www.slideshare.net/GEKorea
This document provides an overview of Climeworks, a company that captures carbon dioxide directly from the air using modular collectors. It summarizes Climeworks' technology and solutions for supplying CO2 to commercial customers and producing renewable fuels. Key highlights include Climeworks operating the world's first commercial direct air capture plant and carbon dioxide removal plant in 2017. The presentation outlines Climeworks' vision to capture 1% of global CO2 emissions by 2025.
TCM is the world's largest facility for testing and improving CO2 capture technologies. It was established in 2005 with the goal of demonstrating and developing capture technologies to help combat climate change. The facility includes an amine plant and chilled ammonia plant that are used to test different carbon capture processes. TCM has established a network with other carbon capture test centers around the world to share knowledge and accelerate the commercialization of carbon capture technologies.
Power-to-Gas Storing Renewable Energy in the Gas GridITM Power
Energy storage provision has started to become a mandatory requirement in areas of the world, it is recognised as essential prerequisite for renewable energy deployment
Grid balancing and rapid response demand-side services are crucial for the integration of high proportions of renewable energy supply on the electricity grid.
ITM Power presents results for the year ended April 30, 2011. Key points include:
- The company designs and manufactures hydrogen energy systems for energy storage and clean fuel production.
- Their core electrolyzer stack technology is central to these systems.
- They secured their first product revenues above expectations and post-period product orders of £0.43m.
- While cash burn was £4.8m, cash reserves remained at £12.2m and £1.09m in grant income was received.
Mission Innovation aims to reinvigorate and accelerate global clean energy innovation with the objective to make clean energy widely affordable. Through a series of Innovation Challenges, member countries have pledged to support actions aimed at accelerating research, development, and demonstration (RD&D) in technology areas where MI members believe increased international attention would make a significant impact in our shared fight against climate change. The Innovation Challenges cover the entire spectrum of RD&D; from early stage research needs assessments to technology demonstration projects.
The Carbon Capture Innovation challenge aims to explore early stage research opportunities in the areas of Carbon Capture, Carbon Utilization, and Carbon Storage. The goal of the Carbon Capture Innovation Challenge is twofold: first, to identify and prioritize breakthrough technologies; and second, to recommend research, development, and demonstration (RD&D) pathways and collaboration mechanisms.
During the webinar, Dr Tidjani Niass, Saudi Aramco, and Jordan Kislear, US Department of Energy, provided an overview of progress to date. They also highlighted detail opportunities for business and investor engagement, and discuss future plans for the Innovation Challenge.
The company is transitioning from being grant-funded to generating sales revenue from its products. It has £16.98 million in contracts and £1.37 million in negotiations. The document discusses the company's power-to-gas and clean fuel projects, including hydrogen energy storage technologies, fuel cell vehicles, and hydrogen refueling stations. It provides details on the company's 100MW design for large-scale power-to-gas installations and a complete turnkey solution.
Cutting Cost of CO2 Capture in Process Industry (CO2stCap) Project overview &...Global CCS Institute
The CO2StCap project is a four year initiative carried out by industry and academic partners with the aim of reducing capture costs from CO2 intensive industries (more info here). The project, led by Tel-Tek, is based on the idea that cost reduction is possible by capturing only a share of the CO2emissions from a given facility, instead of striving for maximized capture rates. This can be done in multiple ways, for instance by capturing only from the largest CO2 sources at individual multi-stack sites utilising cheap waste heat or adapting the capture volumes to seasonal changes in operations.
The main focus of this research is to perform techno-economic analyses for multiple partial CO2 capture concepts in order to identify economic optimums between cost and volumes captured. In total for four different case studies are developed for cement, iron & steel, pulp & paper and ferroalloys industries.
The first part of the webinar gave an overview of the project with insights into the cost estimation method used. The second part presented the iron & steel industry case study based on the Lulea site in Sweden, for which waste-heat mapping methodology has been used to assess the potential for partial capture via MEA-absorption. Capture costs for different CO2 sources were compared and discussed, demonstrating the viability of partial capture in an integrated steelworks.
Webinar presenters included Ragnhild Skagestad, senior researcher at Tel-Tek; Maximilian Biermann, PhD student at Division of Energy Technology, Chalmers University of Technology and Maria Sundqvist, research engineer at the department of process integration at Swerea MEFOS.
A consultation paper and request for feedback on a proposed new set of regulations limiting greenhouse gas emissions (i.e. methane) from proposed new LNG export facilities in Nova Scotia--should those facilities get built.
The Global CCS Institute and USEA co-hosted a briefing on the importance of R&D in advancing energy technologies on June 29 2017. This is the presentation given by Alfred “Buz” Brown, Founder, CEO and Chairman of ION Engineering.
Natural gas and bio methane as fuel for transport r. strodsEuropean Commission
This document discusses the use of compressed natural gas (CNG) as an alternative fuel for transportation in Europe. It proposes standards for CNG fueling infrastructure along major road networks and recommends a target of 16,000 CNG stations by 2025 to support 15 million natural gas vehicles. It also outlines plans to use off-grid CNG solutions that do not require access to gas pipelines, such as mobile CNG transport and storage units, to expand fueling coverage and access to biogas and liquefied natural gas. The document presents an off-grid CNG pilot project along the North Sea-Baltic transport corridor in Latvia as a case study.
Update on CCS Activities in Canada and Possible Topics for European Collaboration, Kathryn Gagnon (Policy Advisor, Natural Resources Canada) UK/Norway/Canada Meeting 18/19 March 2015
The Global CCS Institute and USEA co-hosted a briefing on the importance of R&D in advancing energy technologies on June 29 2017. This is the presentation given by Ron Munson, Global Lead-Capture at the Global CCS Institute.
The document outlines two carbon capture, usage, and storage projects in Abu Dhabi: the Emirates Steel Industry CCUS Project and the ADNOC Rumaitha/Bab CO2 Project. It discusses the drivers for CCUS in Abu Dhabi including increasing gas demand, environmental goals, commitments to clean energy, and establishing regional leadership in CCUS. The projects will involve capturing CO2 from Emirates Steel, compressing and transporting it via pipeline to the Rumaitha oil field for injection and enhanced oil recovery. Successful implementation is expected to demonstrate CCUS viability and enable future projects to meet Abu Dhabi's growing CO2 needs.
Unlocking the Innovation Hidden within Today’s Variable-Speed DrivesEMEX
It is more than 40 years since the technology of variable-speed drives (VSDs) entered the market. Yet despite electric motors accounting for some 65 percent of industrial energy consumption, only 5 percent of installed motors are speed controlled. While not all motors are suitable for speed control, there is still a large proportion that could be. Yet when asked what is the most effective way to reduce energy, UK business responded with “change energy supplier”. Without doubt the most effective way to get real energy savings is to install energy efficient motors and VSDs. In this presentation John Guthrie looks at the impact of VSDs on a diverse range of sectors, offering real examples from hospitals and swimming pools to data centres and car parks.
The Global CCS Institute and USEA co-hosted a briefing on the importance of R&D in advancing energy technologies on June 29 2017. This is the presentation given by Tim Merkel, Director, Research and Development Group at Membrane Technology & Research (MTR)
1) The document discusses modeling offshore wind investments in Norway using the IFE-TIMES-Norway energy system model. It analyzes scenarios where offshore wind is cost competitive and connected to Norway or exported to Europe.
2) Modeling is done for several offshore wind areas based on their potential capacity and suitable foundation types. Investment costs and possible transmission connections are parameters.
3) Model runs analyze a baseline scenario and scenarios with trade limitations or investment subsidies. Results show large subsidies would be needed for offshore wind to be competitive and connect to Norway. Export to Europe is preferred due to price conditions.
Making the CNG Virtual Pipeline a Reality for Transportation Natural Gas (TNG)Jolynn Kennedy, CIMS-GB
No natural gas pipeline? No problem. You can facilitate off-pipeline vehicle fueling for CNG transportation fleet. Learn how by checking out this informative presentation by Broadwind | SAFE, XNG and Hexagon Composites.
The White Rose Carbon Capture and Storage Project aims to demonstrate oxy-combustion carbon capture and storage technology at a commercial scale. The project involves building a 426MW oxy-combustion power plant at Drax power station in North Yorkshire to capture around 90% of emissions. The captured CO2 will be transported via a pipeline for storage under the North Sea. The project aims to help reduce UK emissions and demonstrate CCS as reliable, affordable low-carbon technology.
The Asia CCUS Network has been successfully launched on 22-23 June 2021 with initially 13 countries (all ASEAN member countries, the United States, Australia, and Japan) and more than 100 international organisations, companies, financial and research institutions that share the vision of CCUS development throughout the Asian region.
The Network members have expressed their intention to participate to share the vision of the Asia CCUS Network that aims to contribute to the decarbonisation of emissions in Asia through collaboration and cooperation on development and deployment of CCUS.
The Asia CCUS Network provides opportunities for countries in the region to work and collaborate on the low emission technology partnership that will eventually help to build countries’ capability to lower the cost of CCUS technology and its deployment through the collaboration of research and innovation.
At the 2nd Asia CCUS Network (ACN) Knowledge Sharing Conference, the Asia CCUS Network is very pleased to invite experts from the Department of Energy, United States of America (USDOE) to share their insights and experiences about CCUS development and policy to support the deployment of CCUS technology.
The ACN will be an active forum to bridge the knowledge gap on CCUS technologies, policy development to support the development and deployment of CCUS in Asia. Thus, this conference hosted in collaboration with IEA will help to bring in update knowledge, opportunity for investment in CCUS in Asia.
Renewable Gas for the large industry sector - The road to Ireland's low carbo...Linda O'Brien
Presentations from a Renewable Gas event held on 15th March 2016
The Sustainable Energy Authority of Ireland (SEAI)
University College Cork
Gas Networks Ireland
Diageo
Renewable Gas landscape in Europe and Ireland’s Resources
Professor Jerry Murphy, UCC & International Energy Agency (IEA) Biogas Research Task Member.
Enabling Industry to achieve decarbonisation targets with existing gas boilers, CHP, and natural gas infrastructure. Matching supply and demand with the Renewable Gas Forum. Ian Kilgallon, Innovation Manager & Business Development Manager, Gas Networks Ireland.
Diageo Case Studies; How Green Gas Certification works for Diageo in North America and how Green Gas could be an option for St. James’s Gate. Luis Antonio Rangel, Global Head of Commodities & Raw Materials, Diageo
GE ADGT Application - Virtual Pipeline
GE코리아 뉴스레터를 구독하세요! http://goo.gl/IE8WS8
GE코리아 YouTube 채널을 구독하세요! http://goo.gl/M2gc8m
상상을 현실로 만듭니다. Imagination at work.
GE가 꿈꾸는 가치입니다. 아니, GE는 단지 꿈만 꾸고 있는 것이 아닙니다. 상상을 현실로 만들기 위해, 불가능했던 것을 가능하게 만들기 위해 쉬지 않고 움직이고 있습니다. GE는 에너지, 의료, 항공, 수송, 금융 등의 여러 분야에서 고객과 인류사회의 진보를 위해 더 편리하고 빠르며 친환경적인 솔루션을 찾아냅니다.
Connect with GE Online:
GE코리아 웹사이트: http://www.ge.com/kr/
GE리포트코리아: http://www.gereports.kr/
GE코리아 페이스북 페이지: hhttps://www.facebook.com/GEKorea
GE코리아 슬라이드쉐어: http://www.slideshare.net/GEKorea
This document provides an overview of Climeworks, a company that captures carbon dioxide directly from the air using modular collectors. It summarizes Climeworks' technology and solutions for supplying CO2 to commercial customers and producing renewable fuels. Key highlights include Climeworks operating the world's first commercial direct air capture plant and carbon dioxide removal plant in 2017. The presentation outlines Climeworks' vision to capture 1% of global CO2 emissions by 2025.
TCM is the world's largest facility for testing and improving CO2 capture technologies. It was established in 2005 with the goal of demonstrating and developing capture technologies to help combat climate change. The facility includes an amine plant and chilled ammonia plant that are used to test different carbon capture processes. TCM has established a network with other carbon capture test centers around the world to share knowledge and accelerate the commercialization of carbon capture technologies.
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Energy storage provision has started to become a mandatory requirement in areas of the world, it is recognised as essential prerequisite for renewable energy deployment
Grid balancing and rapid response demand-side services are crucial for the integration of high proportions of renewable energy supply on the electricity grid.
ITM Power presents results for the year ended April 30, 2011. Key points include:
- The company designs and manufactures hydrogen energy systems for energy storage and clean fuel production.
- Their core electrolyzer stack technology is central to these systems.
- They secured their first product revenues above expectations and post-period product orders of £0.43m.
- While cash burn was £4.8m, cash reserves remained at £12.2m and £1.09m in grant income was received.
ENERGY STORAGE: THE NEED
HYDROGEN ENERGY SYSTEMS
UK WIND CURTAILMENT
•Evidence of grid balancing problems from Germany and Denmark
•Problems start at 20% capacity
•UK hit this threshold at the end of 2013
•Wind curtailment is rising faster than wind capacity
The document discusses Covenant Energy and Hydrogenics' solution to help address issues identified by the UN. The UN identified eradicating extreme poverty and achieving universal access to water, sanitation, and sustainable energy as top priorities. Covenant Energy and Hydrogenics aim to help achieve these goals through hydrogen and fuel cell technologies.
ITM Power designs and manufactures hydrogen energy systems for energy storage and clean fuel production. In the year ending April 2011:
- They achieved their first product revenues which were above expectations.
- They received £1.09 million in grants from the UK government and have secured an additional £1.2 million in future grants.
- They are positioned for future growth with unique hydrogen generation technology, an early focus on developing product revenues, and opportunities in rapidly developing hydrogen markets globally.
This document contains the agenda and details of a hydrogen refueling station opening event taking place on October 11th, 2016 in Rainham, London. The agenda includes presentations from ITM Power, Toyota, BOC Hydrogen, and Arcola Energy on topics related to hydrogen fuel cell vehicles and infrastructure. There will be a demonstration of hydrogen refueling and a ride and drive event starting at 12:40pm, with the event concluding at 3:00pm. The opening of this new refueling station marks an important step forward for building out hydrogen infrastructure in the UK to support fuel cell electric vehicles.
ITM Power has opened a solar hydrogen station which is the first of its kind using solar energy from a solar PV array at CEME to make renewable hydrogen on-site and is the second of three UK stations to be deployed as part of the pan European HyFive project, which was funded by the European Fuel Cell and Hydrogen Joint Undertaking (FCHJU) and the Office of Low Emission Vehicles (OLEV)
The document announces the opening of a new hydrogen refueling station on May 10, 2016 at the National Physical Laboratory in Teddington, London. The event agenda includes presentations from automakers like Toyota and Honda on their hydrogen fuel cell vehicles, as well as from ITM Power on their electrolyzer technology and plans to build a network of 15 hydrogen refueling stations in the UK by 2018. The opening marks an important milestone for the development of hydrogen infrastructure and fuel cell vehicles in the UK.
The document discusses strategies for promoting renewable energy in islands, using the Canary Islands and El Hierro island as a case study. It summarizes that the Canary Islands rely heavily on imported fossil fuels and have high potential for renewable energy. El Hierro island has implemented a successful wind-pumped hydro system that allows it to operate 80% on renewable energy, avoiding emissions and fuel imports. An initiative called ISLE-PACT aims to increase renewable energy and reduce emissions 20% by 2020 across European islands through action plans, projects, and seeking financing support from the European Commission.
This document discusses the GENCOMM project which aims to improve energy security in remote communities through the generation and storage of hydrogen from renewable sources like wind and solar power. It outlines the objectives and work packages of the project which include developing an energy trading model, installing an electrolyzer and hydrogen storage facility, and exploring uses for hydrogen like fuel cells and power-to-gas applications. The overall goal is to create an energy system that utilizes hydrogen as an energy carrier to provide electricity, heating and transportation fuels from local renewable resources in order to reduce curtailment and improve efficiency.
The RE:FIT programme aims to help public bodies in London retrofit buildings to reduce energy costs and carbon emissions. It establishes an energy performance contracting model and framework of approved Energy Service Companies. Projects can range from quick fixes to major infrastructure upgrades. The programme is funded by the Greater London Authority and provides technical support and funding options to participating organizations. It has already helped retrofit over 400 buildings, saving over 30,000 tonnes of carbon annually and over £5 million in energy costs.
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Outcomes of the study from the Hydrogen MOBILITÉ France.
73% of hydrogen used is to be generated by the cleanest possible method: electrolysis by 2030. Electrolysis uses only water and renewable power and the hydrogen can be generated where it is required, therefore eliminating fossil fuels 100% in its production and delivery.
http://www.afhypac.org/images/documents/h2_mobilit_france_fr_final.pdf
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Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
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How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...Aleksey Savkin
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- Stakeholder Analysis
- Strategy Decomposition
- Adoption of Business Frameworks
- Goal Setting
- Initiatives and Action Plans
- KPIs and Performance Metrics
- Learning and Adaptation
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Benefits:
- Systematic strategy formulation and execution.
- Framework flexibility and automation.
- Enhanced alignment and strategic focus across the organization.
How to Implement a Real Estate CRM SoftwareSalesTown
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At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
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https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
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The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfthesiliconleaders
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𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
https://rb.gy/usj1a2
2. Contents:
• Introduction
• Power-to-Gas Energy Storage
• Power-to-Gas Projects
• Clean Fuel Projects
• Corporate Development
• Key Performance Indicators
• Results
• Summary
FINAL RESULTS PRESENTATION:
FOR THE YEAR ENDING APRIL 2014
30TH JULY 2014 | TAVISTOCK | FINSBURY PAVEMENT | LONDON
3. RAPID RESPONSE
HYDROGEN ENERGY SYSTEMS
RAPID RESPONSE ELECTROLYSER
ITM Electrolyser
Clean Fuel
Energy StorageWind Power
Grid
Scalable | Rapid Response | Self pressurising
6. REFERENCE PLANT
REFERENCE PLANT | GERMANY | UK | USA
A major barrier to entry has been overcome
• NRE has been invested
• Products have been standardised
• Compliance in UK | EU | USA
• Power-to-Gas and Refuelling Stations
HYDROGEN ENERGY SYSTEMS
7. REGULATIONS, CODES & STANDARDS
A leading role in shaping hydrogen deployment
• Secretary of BCGA Technical Steering Committee 9
• Secretary and UK Expert to ISO Technical Committee 197
• UK Expert to ISO working groups…
• …for electrolysers, dispensers & H2 quality
• Next Chair of BSI PVE/3/8
HYDROGEN ENERGY SYSTEMS
COMPLIANCE
Code of Practice 41: H2 Fuelling Stations
Design & Construction
Maintenance & Operation
ISO 19880-1: H2 Fuelling Stations
ISO 22734: Electrolyser
ISO 14687: H2Quality
BSI PVE/3/8: H2 Systems Standardisation
Production & Storage
Transport, Measurement & Use
9. 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
10. 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
12. ENERGY STORAGE TECHNOLOGIES
ENERGY STORAGE TECHNOLOGIES
Power-to-gas is efficient | long term | low energy cost
Source: ITM Power plc
HYDROGEN ENERGY SYSTEMS
13. 0%
5%
10%
15%
20%
25%
30%
35%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
0 2 4 6 8 10 12
Fractionwindoutputcurtailed
Hydrogenfraction(vol%)
Excess wind (TWh pa)
725 TWh p.a. natural gas consumption, 30 GW wind capacity (2020)
Hydrogen fraction
Curtailment
HYDROGEN FRACTION VS EXCESS WIND LEVELS
ENERGY STORAGE | CLEAN FUEL
• Capturing 2.8 TWh pa of excess wind (ie 4% of 2020 output)
• Requiring 978MW of electrolysis at 30% utilisation (£1.7bn market)
• Results in average national hydrogen content of 0.5%, reducing carbon footprint by 0.2%
Source: ITM Power plc
POWER-TO-GAS IN THE UK
15. FIRST P2G SALE: THÜGA GROUP
Won competitive tender on performance and price
• One of the world’s largest utility groupings
• 18,200 employees
• 5.7m customers (electricity, 3.6m, gas 2.1m)
• Sales of €21.3bn
• Plant located at Mainova AG in Frankfurt
• A pipeline of potential customers
360KW POWER-TO-GAS MODULE
Source: Thüga-Gruppe
HYDROGEN ENERGY SYSTEMS
16. A challenging time frame
• Discussions April 2011
• Competitive tender process
• Order March 2013
• On site in September 2013
• CE marked in December 2013
• TÜV permit in December 2013
• Hydrogen injected in December 2013
THE SCHEDULE
THE SCHEDULE
HYDROGEN ENERGY SYSTEMS
17. A challenging time frame
• Discussions April 2011
• Competitive tender process
• Order March 2013
• On site in September 2013
• CE marked in December 2013
• TÜV permit in December 2013
• Hydrogen injected in December 2013
THE SCHEDULE
THE SCHEDULE
HYDROGEN ENERGY SYSTEMS
Build
•Procurement
•Manufacture
•Control system design
CE Mark
•PED
•EMC
•Machinery
•ATEX
Commission
•Loop checks
•Acceptance
•Performance
Permit
•Documentation
•Audit
•Certificate
18. P2G PLANT & VISITOR CENTRE
HYDROGEN ENERGY SYSTEMS
20. Beyond the Thüga project
• Thüga II
• P2G in Germany, USA and UK
• Methanation | BioGas upgrading
• Ammonia | Urea (2% of global energy)
POWER-TO-GAS PROJECTS PIPELINE
POWER-TO-GAS PROJECTS PIPELINE
HYDROGEN ENERGY SYSTEMS
21. CPUC Sets the energy storage mandate for the power sector
• Energy storage target of 1,325 megawatts
• 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
23. 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
24. FCEV ALLIANCES
2013 | FCEV ALLIANCES
Four fuel cell manufacturers have
emerged; with 8 OEM’s rolling out cars
• Hyundai
• Nissan: Ford | Daimler
• Toyota: BMW
• Honda: GM
HYDROGEN ENERGY SYSTEMS
28. Hydrogen Energy Storage Smart Grid
• £2.4m TSB consortium grant
• Installation of 80kg/day and 15kg/day refuellers at 350bar
• Fleet of 20 vehicles (HICE and FC)
• Hydrogen energy storage system
• Balancing supply and demand
ISLAND HYDROGEN
HYDROGEN ENERGY SYSTEMS
30. UK REFUELLING STATIONS
UK REFUELLING STATIONS
EcoIsland (TSB)
1x80kg | 1x15kg
£1.5m
HyFive (EU)
3x80kg
€3.0m
OLEV £10m 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 £10m call in Sept | OLEV £60m call in early 2015
• OLEV have indicated £100m allocated for hydrogen (un-announced)
HYDROGEN ENERGY SYSTEMS
31. 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
33. 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
Pillar 1: FCH technologies for Transportation Systems
• Road transport
• FCEV
• HRS infrastructure
Pillar 2: FCH Technologies for Energy Systems
• Hydrogen as a flexible link between renewable energy both mobile and stationary systems.
• Storage of renewable electricity and grid balancing, including hydrogen blending in the natural gas grid
• Fuel cells in power
• Power systems for domestic, commercial, municipal and industrial applications
34. 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
37. AWARENESS
AWARENESS
HYDROGEN ENERGY SYSTEMS
Source: Thuega
National and International Coverage
• Radio 4: Costing the Earth
• Guardian: Power-to-Gas energy storage
• Royal Academy of Engineering presentation
• Platts on Power-to-Gas energy storage
38. KEY PERFORMANCE INDICATORS
KEY PERFORMANCE INDICATORS
Clear measures of business performance
•Technology
•Cumulative test hoursKPI 1
•Technology
•Cumulative installed capacityKPI 2
•Commercial
•Product salesKPI 3
•Commercial
•Project incomeKPI 4
•Commercial
•Projects under contractKPI 5
•Financial
•Headcount and staff costsKPI 6
HYDROGEN ENERGY SYSTEMS
39. KPI 1: CUMULATIVE TEST HOURS
ENERGY STORAGE | CLEAN FUEL
KPI 1: CUMULATIVE TEST HOURS
Cumulative test hours
• Test stands fully automated & data logged
• Qualifying performance of key cell & stack components
• Developing predictive tools
40. KPI 2: INSTALLED CAPACITY
KPI 2: INSTALLED CAPACITY
Cumulative capacity
• Tracks the technology deployment
• Tracks available reference plant
• Installed capacity is a key metric in tender documents
HYDROGEN ENERGY SYSTEMS
41. KPI 3: PRODUCT SALES & PROJECT INCOME
KPI 3: PRODUCT SALES & PROJECT INCOME
Customers are often confidential; we announce when
possible. Order book needs strong balance sheet
For year ending April 30th 2012
• £1.46m total inflow
• £0.48m product sales
• £0.98m grant funding
For year ending April 30th 2013
• £1.45m total inflow
• £0.09m product sales
• £1.36m grant funding
For year ending April 30th 2014
• £3.08m total inflow
• £1.13m product sales
• £1.96m project funding £0
£500,000
£1,000,000
£1,500,000
£2,000,000
£2,500,000
£3,000,000
£3,500,000
2010 2011 2012 2013 2014
Sales Revenue
Project Income
HYDROGEN ENERGY SYSTEMS
42. KPI 4: PROJECT INCOME
KPI 4: PROJECT INCOME
Customers are often confidential; we announce when
possible. Order book needs strong balance sheet
For year ending April 30th 2012
• £1.46m total inflow
• £0.48m product sales
• £0.98m grant funding
For year ending April 30th 2013
• £1.45m total inflow
• £0.09m product sales
• £1.36m grant funding
For year ending April 30th 2014
• £3.08m total inflow
• £1.13m product sales
• £1.96m project funding £0
£500,000
£1,000,000
£1,500,000
£2,000,000
£2,500,000
£3,000,000
£3,500,000
£4,000,000
2010 2011 2012 2013 2014 2015 2016 2017
Collaborative Project Funding
Applied For
Negotiation
Secured
Paid
HYDROGEN ENERGY SYSTEMS
43. KPI 5: PROJECTS UNDER CONTRACT
KPI 5: PROJECTS UNDER CONTRACT
Contract Project To be paid Project Type User
EcoIsland 360kW £760k £1.5m Grant SSE
Chino I 360kW £621k £773k Sale Hyundai
Phaedrus 120kW £536k £731k Grant Shell/Diamler
Common E 120kW £260k £279k Grant ITM
HyFive 3x 360kW £2.75m £2.75m Grant GLA
DECC 100kW £78k £325k Grant ITM
HMGS Hpac40+ £100k £100k Sale HMGS
HMGS II Hpac40+ £74k £74k Sales HMGS
Riverside 60kW+ £1,265k £1,265k Grant CoR
Other Smaller £105k Sales -
Total £6,550k
Pipeline of projects is rapidly growing
• £9.56m of projects under contract or in the final stages of negotiation
• £6.55m of projects under contract
• £3.01m of contracts in final negotiation
• Rapidly growing pipeline
HYDROGEN ENERGY SYSTEMS
44. KPI 6: HEAD COUNT | STAFF COSTS
KPI 6: HEAD COUNT | STAFF COSTS
Staff and Country Reps | £4m pa
• Headcount has only increased by <10% despite a 100% increased grant take and revenue
• £1.2m of costs (labour and overhead) funded by grants
• Increase in staff in production and field engineer teams – service delivery
£0
£50,000
£100,000
£150,000
£200,000
£250,000
£300,000
£350,000
£400,000
May13
June13
July13
Aug13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Staff costs per month
Reps
and BD
Staff
Costs
-
10
20
30
40
50
60
70
80
90
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
Staff Numbers per month
Reps
and BD
Staff
HYDROGEN ENERGY SYSTEMS
45. Key Financial Results for the year ended 30 April 2014:
Total Income incorporating sales revenue and projects income £3.077m (2013: £1.44m) up 114%
Sales Revenue £1.127 (2013: £0.087m) up £1.040m
Collaborative projects income £1.370m (2013: £1.35m)
Additional capitalised project income £0.58m (2013: £nil)
Increase in fixed assets to £1.755m from £1.463m, up 20%
Loss from operations £7.978m (2013: £6.518)
Cash burn £7.568m (2013: £6.1m)
Cash balance £9.763m (2013: £5.94m)
Two placings creating proceeds of £12.0m before expenses
FINAL RESULTS PRESENTATION:
FOR THE YEAR ENDING APRIL 2014
30TH JULY 2014 | TAVISTOCK | FINSBURY PAVEMENT | LONDON
46. Commercial progress to date:
A Total of £9.56m of projects under contract or in the final stages of negotiation
£6.55m of projects under contract
£3.01m of contracts in the final stages of negotiation
Strongly developing pipeline of commercial sales and funded projects
FINAL RESULTS PRESENTATION:
FOR THE YEAR ENDING APRIL 2014
30TH JULY 2014 | TAVISTOCK | FINSBURY PAVEMENT | LONDON