agnion April 2012 - Cleantech Groupevents.cleantech.com/munich/sites/default/files/Agnion...Project Mgmt & Labour • Generation 1A: Reduction of design reserves in Achental • Generation

© agnion Technologies GmbH | 2012

agnion Technologies GmbH Sperl-Ring 4

D-85276 Hettenshausen www.agnion.de

agnion April 2012


Challenges of Energy Markets

World’s energy production requirements

Economic efficiency

Supply guarantee

Fuel Flexibility

CO2 – Reduction

Based on these requirements agnion provides the solution to sustainable energy supply for the future

Renewable energy – bio waste feedstock

Decentralized plants

2


agnion's technology addresses and resolves the critical challenges:

Economic efficiency

Supply guarantee

Fuel flexibility

CO2 – reduction

Energy production for base- and peak load

Produces electricity, heat methane and H2 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

The breakthrough in decentralized energy production

3


With a novel approach to gasification

Conventional gasification agnion Heat Pipe Reformer

4 4

The agnion heatpipe-reformer produces a pure gas, free of flue gas and nitrogen

© agnion Technologies GmbH | 2012 5

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

Capable of reliably operating at very high

temperatures (800°C)

Protected by various patents and know how.

evaporation

va

po

r

condensation

condensate

working

fluid Qin

.

Qout

.

wick

5


Built on a scalable system architecture

6

agnion gasifiers design is based on skid mounted , preassembled modules.

They can be used in multiple configuration with minimal customization – CHP, Methanation, H2 Production

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


Proven with significant operating experience

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15000

3500

2000

Operating hours - Pilot Plant

Performance validated by Fraunhofer Institute -

‘UMSICHT’

MunichRe to cover shut down risks to secure min.

7000 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 Q1

2012


World wide biomass potential is tremendous

8

75% of available biomass resource in the world

is wasted today.

This wasted biomass represents a potential of

700 GWel and 1,100 GWheat which can meet

35% of world electricity and heating demand1

This equals a CO2 – reduction of

5,000 Mt/a

Annual Market potential of 35 GWel - €190B/a

or 115,000 agnion plants at a 100% conversion

and 20 years lifetime *Source: BMVBS 2010/11 and agnion Internal Analysis

Notes: Current worldwide annual electric demand is18,000TWhel/a heating, 27,000TWhth

31

14

3

45

186

39

788

36

132

161

292

694

783

3,081

1 GWe

19 GWe

26 GWe

41 GWe

87 GWe

124 GWe

404 GWe

0 100 200 300 400 500

0 500 1000 1500 2000 2500 3000 3500

Waste Wood

Dung

Bio Waste

Bagasse/Palm oil

Forest residues

Straw

Energy Wood

World Biomass Potential

Production (M dry tons/a)

Used (M dry tons/a)

Potential GWe


agnion technology can deliver superior economics

9 9

0.54

0.25

0.22

0.16

0.16

0.15

0.11

0.09

0.09

0.06

0.04

Marine

Wind (offshore)

Solar Thermal

Biomass - Incineration

Agnion (2012)

Solar PV

Geothermal

Coal Fired

Wind (onshore)

Natural Gas CCGT

Agnion (2014)

Renewable Energy LCOE (€ct/kWh)

0.34

0.24

0.17

0.09

0.04 0.10

0.07

Achental: 2011 Q3

Gen 1a: Current

Gen 1b: 2012 Q4

Gen 2: 2013 Q4

Gen 3: 2014 Q4

LCOE Roadmap (€ct/kWh)

CHP Methanation

By 2013 and 2014 agnion plants are competitive with fossil fuel as the cheapest source of renewable energy


Based on a well defined product development plan

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3.7

2.8

2.1

1.6 1.2

Achental: 2011 Q3

Gen 1a: Current

Gen 1b: 2012 Q4

Gen 2: 2013 Q4

Gen 3: 2014 Q4

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

• Generation 2: Complexity reduction with redesign

of sub systems

• Generation 3: Further reduction resulting from

field experience and new R&D developments

370 350 300

200 150

Achental: 2011 Q3

Gen 1a: Current

Gen 1b: 2012 Q4

Gen 2: 2013 Q4

Gen 3: 2014 Q4

Annual operating cost ('000' €)


Flexible feedstock strategy

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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

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, 2006

0.04

0.03

0.02

0.01

-0.01

Achental: 2011 Q3

Gen 1a: Current

Gen 1b: 2012 Q4

Gen 2: 2013 Q4

Gen 3: 2014 Q4

Feedstock Cost (€/kWh)

© agnion Technologies GmbH | 2012 12

System Installer Technology Provider

2012 – 13 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 entry

(0 – 20% GM)

World wide roll out

(75% - 80% GM)

Market establishment

(0 – 10% GM)

2013 – 14 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

2014 – 15 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

Scalable business model

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Raising €17.5 M capital to leverage market opportunity

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Agnion delivers high efficiency biomass, waste and hydrocarbon gasification solutions for Combined Heat and Power (CHP) and synthetic natural gas production

•Operating time: 15000 hours, 2000 hours automated

•2 commercial 1.3MWth plants in construction Robust and proven Technology

•Worldwide potential is greater than €250B/a

•Biomass can cover 45% of the world electricity and heat demand Substantial Market Opportunity

•Feedstock flexible plants with up to 16%+ Project IRR today

•One stop shop providing complete solution incl. Proj. Finance Compelling Customer Proposition

•50+ years experience in energy and turnkey solutions

•Seasoned Investors – KPCB, MVP, Wellington, Waste Mgmt Group Experienced Team & Investor base

•More than 10 years of R&D and commercialization

•27 Patent families and 9 granted patents Proprietary IP base


Questions?

14

Dr. Stephan Mey

agnion Technologies GmbH Sperl-Ring 4 D-85276 Hettenshausen

Phone: +49 8441 405 2126

Mail: [email protected]

www.agnion.de

mailto:[email protected]

Documents

agnion April 2012 - Cleantech Groupevents.cleantech.com/munich/sites/default/files/Agnion...Project Mgmt & Labour • Generation 1A: Reduction of design reserves in Achental • Generation