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Завод на 312 тыс. тонн в год по производству CoalSwitch
Твердое био-топливо второго поколения заменяющее уголь
Презентационные материалыМарт, 2017
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GLOBAL COMPANY WITH FOCUS ON BIOMASS
2
Forest managementWood chips supply MDF productionBiggest integrated producer in EuropeBiofuel production - CoalSwitch
Head office
Wood chips production
EXPERTISE ACROSS THE ENTIRE TIMBER SUPPLY CHAIN… FROM FOREST TO FUEL OR FINISHED PRODUCT
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Richard Spinks, Chief Executive OfficerSeasoned entrepreneur with a proven track record. Has set up businesses withinthe hi-tech, food processing, agriculture and forestry/biomass industries.Experience in working in CEE 1980. He founded and served as CEO at LandkomInternational Plc, the first AIM-listed company in the agricultural sector based inUkraine.
3
Philip Scalzo – Chief Technical Officer
35 years in the power sector and 10 years of direct responsibility for managingoperations of a several billion-dollar fleet of energy assets within Williams, rankedin top-5 among US utilities. He has built 15 GWt power capacity from scratch, assetsworth $ 7,5 bln in value.Phil is a team lead on the biomass beneficiation technology on which he has spent10 years.
LEADERSHIP TEAM
3
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Dan McCarthy – Head of Engineering
Pure engineer and lean design high qualified experts.28 years working experience for Munro & Associates working with hundreds ofcompanies world wide to help them develop more elegant, reliable, sustainable, andprofitable product designs and development processes. Industries covered includeautomotive, medical, aerospace, military, homeland security and industrial.
4
Drew Tait – Chief Sceintist
Extensive experience in chemistry. 18 years with Los Alamos National LaboratoryPrinciple Investigator for Environmental Fate and Transport of Radionuclides.10 years working for US Ministry of defense, as a senior scientist, studying flywheel-based bulk energy storage and midstream biomass energy programs.Is co-inventor of the technology.
LEADERSHIP TEAM
Ronald Cella – Head of manufacturing
40 years experience in manufacturing. Ron worked for leading oil, gas, pulp & papermarket leaders, has construction numerous plants like gas extraction in Wayoming,Alaska pipeline, Pupl & Paper in Utah.Ron looks at the process from the practical side, giving practical insights to the processbeing designed and optimized by Dan.
4
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PRESENT ACROSS THE ENTIRE VALUE CHAIN
5
Management Processing Production Generation
Existing business
458 000 ha of forests under managementthrough Joint Venture with community ofindigenous people in Western Canada.
70 mm + м3 of mature standing hard and softtimber.
USD 300 + ml investment offers received.
1,28 ml tons – wood chip to MDF productioncapacity located at Yuzhniy Port in Ukraine.
Biggest supplier within Black Sea region.Mature, stand-alone business division.Reliable feedstock supply based on more than
10 years experience of presence at the market.
On-going developments
Proprietary technology commercialization toreplace coal without plants’ retrofit.
40 tons an hour modular systems with 300 k tona year production capacity to be located in keyconsumption centers – North America, EU, Asia.
1,4 ml tons a year – production plan for 2020.
CHP construction in Ukraine for total capacityof 21 MWt till 2020.
Increase in value of the consumed wood chip tobe utilized locally for combustion.
250 000 tons of wood chip consumption withinUkraine for CHP needs.
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AEG TIMBERLANDS
6
FORESTRY STEWARDSHIP, MANAGEMENT & DEVELOPMENT
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AEG TIMBERLAND (CANADA)
7
Alberta Canada
Joint Venture with Métis Settlements of Northern Alberta tomanage responsibly mature forestry located in Alberta, Canada;bringing economic investment and clean energy to the Province ofAlberta;
Forestry Management responsibility transferred to JV
Trees valued under IAS 41 and used as security for funding
Adherence to pre-approved, sustainable forestry management plan
Employment preference to members of Metis community on their land with their assets; Social Responsibility at the heart of business
Investment offers received
$ 300+ mln458 k haUnder management 70 MM+ m3
of mature standing hard and soft timberplaces till 2020
1 000 work
PROJECT HIGHLIGHTS
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AEG TIMBERLAND (UKRAINE)
8
Pilot projects in north & west Ukraine
Memorandums of understanding signed with relevant state bodies
Legal reforms, structural design and financial support to the State
PROJECT HIGHLIGHTS
$100-$500 mln
Investments
357k-870kHectares
Target rangefor 2017
BENEFITS
1 Resources 3 Market Reforms
2 Infrastructure 4 In-house processing
OPPORTUNITIES
Turkey, Asia
Ukraine
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AEG WOODFIBRE
INDUSTRIAL WOOD FIBREFOR MDF MANUFACTURING
9
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LARGEST WOOD CHIP PRODUCER IN CEE REGION
10
Sales of wood chip, tons
For MDF production as well as for energy needs
1,28 ml tons – current production capacity
Ukraine-based with Eastern European coverage; currentlysold-out in advance across Black Sea Region
+253%
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AEG BIOPOWER
11
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PROJECTS GEOGRAPHICAL LOCATIONS
Житомирская обл. (7)
DubnoKorosten
Drogobich
Development phase
Perspective
Chernigiv
12
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AEG COALSWITCH
13
РЕВОЛЮЦИОННАЯ ТЕХНОЛОГИЯ ПРОИЗОДСТВА ТВЕРДОГО БИОТОПЛИВА -ЗАМЕНИТЕЛЯ УГЛЯ
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Страна 2012 2015
Denmark 2 032 2 068
Great Britain 1 470 6 519
Italy 1 197 1 640
Netherlands 1 031 130
Belgium 972 989
Sweden 487 355
Germany 317 418
Austria 445 369
*USDA foreign agricultural service, “EU Biofuels annual 2013”**Bioenergy Insight, July 2011 – Pöyry
Мировое потребление пеллет, млн. тонн**
3,4 4,35,6
Япония и Южная Корея
0,2
46
2012
2015
2020
Импорт в ЕС, 000 т*
EU – BIGGEST CONSUMER FOR NOW AND AFTERЕС – НАИБОЛЕЕ КРУПНЫЙ ПОТРЕБИТЕЛЬ
Северная Америка 1520,5
30
Западная Европа
14
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РОСТ ПОТРЕБЛЕНИЯ ПРОМЫШЛЕННЫХ ПЕЛЛЕТ
15
Государственная поддержка в форме премии к тарифу, налогов на уголь
Langerlo PP
Lynemouth Power Plant
Но
вы
е п
ро
ек
ты
Проект Старт Тонн в час
2018
Tees Renewable EP 2020
Drax 2017
2018
Studstrup Power Plant 2016
Мощность, МВт
420
299
660
2018
380
Amercentrale 9
Hemweg 8
2019*600
2019*650
*Decision is to be taken by the Dutch government this year whether to apply state support in the form of premium ot the tarrif or not toward these CPP
~ 13 0000 000
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ЦЕНЫ НА ПЕЛЛЕТЫ ДЛЯ ДОМОХОЗЯЙСТВ
16
Стандартные пеллеты
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Source: Argus Biomass Report, forecast and analysis by FutureMetrics Forecast
ЦЕНЫ НА ПРОМЫШЛЕННЫЕ ПЕЛЛЕТЫ РОСТУТ
Цены на промышленные пеллеты в порту Амстердам
17
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КОНЦЕПЦИЯ ПРОИЗВОДСТВЕННОГО ПРОЦЕССА
18
23 MJ на 1 тонну
1-3% зольность8% влажность
8,5 MJ на 1 тонну
1-4% зольность50% влажность
Процесс
Начальный продукт Конечный продукт
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ЗАДАЧИ ТЕХНОЛОГИЧЕСКОГО ПРОЦЕССА
19
2 Увеличение энергетической плотности (боле чем на 100%), а также насыпной плотности до уровня сравнимого с углем (900 кг/м3).
3 Дополнительное снижение влаги как между, так и внутри волокон за счет разрыва связей между целлюлозой, гемицеллюлозой и лигнином.
4 Убрать растворимые соли, которые находятся в биомассе.
5 Снизить летучие и повысить рыхлость продукта для сжигания вместовместе с углем в угольных ТЭС.
1 Возможность использования сырья наиболее низкого качества.
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ЧРЕВЫЧАЙНО ВЫСОКАЯ ТЕПЛОТВОРНОСТЬ, ТОПЛИВО НАПРЯМУЮ ЗАМЕНЯЮЩЕЕ УГОЛЬ
Заменитель угля как и топливодля бытовых и промышленныхкотлов
Премиум пеллеты(распространеннный товар) слева,CoalSwitch Супер Премиумпеллеты справа
20
ОБЫЧНЫЕ ПЕЛЛЕТЫ И COALSWITCH
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СРАВНИТЕ ЕЩЕ РАЗ
21
Обычные премиум пеллеты CoalSwitch
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22
ЦЕННОСТНОЕ ПРЕДЛОЖЕНИЕ COALSWITCH
1. На 30% больше энергии.
2. На 40% больше насыпная плотность.
3. Гидрофобный материал.
4.Более чистое топливо.
5. Низкий уровень Калия и Хлора.
6. Уже внедренное оборудование.
7.Производиться со сборного об-ния.
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СРАВНИТЕЛЬНЫЕ ХАРАКТЕРИСТИКИ
23
Тип пелет Технология Ориентировочная себ-сть, $ /MJ*
Плотность, МДж/ Тонна
Плотность, kg / m3
Бел
ые
Сушка -прессование
То
рр
еф
иц
и-
ро
ва
нн
ые
Че
рн
ые
$ 5,7
*assumption based on the market experience
17,5 650
Недостатки
Пиролиз
1. Высокие требования к сырью2. Высокая себестоимость
Термическая обработка
$ 5,3 22,0 7001. Высокие требования к сырью2. Высокая себестоимость3. Низкая мех. прочность
$ 5,6 19,5 750 1. Высокие требования к сырью2. Высокая себестоимость
Co
alS
wit
ch
Паровой взрыв $ 3,2 23,0 825 Отсутствуют
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МЕНЬШИЕ ЗАТРАТЫ НА ДОСТАВКУ
24
500
550
600
650
700
750
800
850
15,0 16,0 17,0 18,0 19,0 20,0 21,0 22,0 23,0 24,0
На
сып
на
я п
ло
тно
сть
(К
Г/Т
)
Энергетическая плотность (GJ/Т)
Обычные пеллеты
Торрефицированные пеллеты
Черные пеллеты
CoalSwitch
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ДРЕВЕСНЫЕ ПЕЛЛЕТЫ И ВЛАЖНОСТЬ
25
0%
5%
10%
15%
20%
25%
30%
0% 20% 40% 60% 80% 100%
EM
C a
nd
Sw
ell
ing
Относительная влажность
Обычные пеллеты
0%
5%
10%
15%
20%
25%
30%
0% 20% 40% 60% 80% 100%
Относительная влажность
CoalSwitch
EMC SF Max. EMC Allowed
Source: https://www.deepdyve.com/lp/elsevier/hygroscopic-properties-of-densified-softwood-pellets-H9x6xCEPiB#H9x6xCEPiB
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ВЫБРОСЫ МЕЛКИХ ЧАСТИЦ ПРИ ПРОИЗВОДСТВЕ
26
Source: USEPA, Maine Energy systems, Okofen Eko engineering GmbH, 2013 analyses by FutureMetrics
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COALSWITCH ГОРИТ КАК УГОЛЬ
27
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ТЕСТИРОВАНИЕ ROCKY MOUNTAIN POWER
28
11 November 2016Dr Andrew Fry, AssociateProfessor of ChemicalEngineering at Brigham YoungUniversity said: “Observationduring the milling process showedthe CoalSwitch pellets mixed withcoal, milled as if they were coal andhad no detrimental impact on themilling system - in fact it seems theconditions required to mill the blendrequire less electrical energy than thecoal by itself and produces a particlesize distribution with no measurabledifference to milling the coal withoutthe CoalSwitch pellets."
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ЛУЧШЕ ЧЕМ ПЕЛЛЕТЫ И ЧИЩЕ ЧЕМ УГОЛЬ
29
“CoalSwitch” - “Coal" - “Обычные пеллеты”
Параметры White Pellet Coal CoalSwitch
Calorific Value (Kcal/kg) 4,180 6,000 >5,420
Насыщенность элементами влияет на уровень выбросов
Sodium (mg/Kg) 180 1,130 < 100
Potassium (mg/Kg) 1,400 2,040 < 1,000
Chlorine (%) 0.02% 0.15% < 0.01%
Sulphur (%) 0.05% 1.00% < 0.04%
Physical properties
Hydrophobic No Yes Yes
Tamped Bulk Density (Kg/m3) 645 800 800
Требуемые инвестиции
Investment to use $700,000/MW installed $0 $0
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ПАРАМЕТРЫ КАЧЕСТВА ДЛЯ ТЭС
30
Параметр
Теплотворность, МДж/кг
Зола, %
Влага, %
Летучие, %
Углерод, %
Сера, %
Газовый уголь
21-25
10-20
10-16
33-46
75-80
1-2,5
CoalSwitch
21-23
0,5-2
8
42-50
48-53
0,01
1. Использование как автономного топлива для угольных ТЕС подтверждено Университетом Юты в марте 2016 года;
2. Может быть использовано как минимум в пропорции 50:50 с углем без требования модифицировать ТЕС, решая проблему выбросов (SO2, CO2).
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ПАРАМЕТРЫ КАЧЕСТВА ДЛЯ ДОМОХОЗЯЙСТВ, ТКЭ
31
Европейский стандарт на пеллеты ЕС - EN 14961-2, сертификация крайне важна при реализации больших объемов продукции
Параметры EN plus- A1 EN plus- A2 EN-B CoalSwitch
Диаметр, mm 6 / 8 6 / 8 6 / 8 6 / 8
Влажность, % ≤ 10 ≤ 10 ≤ 10 ≤ 10
Плотность, кг / м³ ≥ 600 ≥ 600 ≥ 600 ≥ 900
Количество пыли, % ≤ 1 ≤ 1 ≤ 1 ≤ 1
Мех. прочность, % ≥ 97,5 ≥ 97,5 ≥ 96,5 ≥ 97,5
Теплотворность, МДж / кг ≥ 16,5 ≥ 16,3 ≥ 16,0 ≥ 21,0
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СТРАТЕГИЯ РАЗВИТИЯ ДО 2020
32
Алберта
Латвия
Украина
ВБ
Швеция
Финляндия
Юта
Нью Фаундленд
Локация Мощность Объем, год
Юта 2 * 5 тонн в час 80 000
Украина 2 * 10 тонн в час 160 000
Латвия 1 * 40 тонн в час 312 000
Нью Фаундленд 1 * 10 тонн в час 80 000
Алберта 1 * 40 тонн в час 312 000
Итого 944 000
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НАША УСТАНОВКА В ПРОЦЕССЕ ПР-ВА ПЕЛЕТ
Подготовка Дробление Наш процесс Грануляция Харнение
Удаление пылиПогрузка
1
Доставка
2 3 4 5
678
33
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КЛЮЧЕВЫЕ НАУЧНЫЕ АСПЕКТЫ ПРОЦЕССА
34
H2O H2O H2O
H2O H2O H2O
H2O H2O H2O
H2O H2O H2O
H2
O H2
O H2
O
H2
O H2
O H2
O
H2
O H2
O H2
O
H2
O H2
O H2
O
H2
O H2
O H2
O
H2OH2OH2OH2O
H2OH2OH2OH2O
H2OH2OH2OH2O
H2OH2OH2OH2O
H2OH2OH2OH2O
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
+Salts
H2
OH
2O
H2
OH
2O
H2
OH
2O
H2
OH
2O
Влага внутри волокон + Соли (~50%)
Влага на поверхности(~20%)
Влага между волокнами (~30%)
H2OKCl, NaCl …
KHSO4 , MgSO4 другие соли
Микрофотография древесины
Гемицеллюлоза
Лигнин
Целлюлоза
Волокна растения
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РЕЗУЛЬТАТ ПРОЦЕССА
35
До обогащения После обогащения
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ТЕХНОЛОГИЧЕСКИЙ ПРОЦЕСС – ОСНОВНЫЕ ЭТАПЫ
36
Приемочный бункер
Ба
к п
од
гото
вки
п
уль
пы
Си
сте
ма
м
ех
ан
ич
еск
ого
о
тжи
ма
Приемочный бункер
Вхо
дящ
ее
сы
рье
Очистка стоков и системы разгрузки Чистая вода
Паровой котел, Система управления, безопасности и контроля, рекуперации тепла, пр.
Об
ога
ще
нн
ое
сы
рье
Био-реактор
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ИЗБЫТОЧНЫЕ ЛЕСНЫЕ РЕСУРСЫ
1500 1650 1700 1700 1700
417 170400
1741 1875962
1073
1949 1983 1990 2000 2015
State - owned forests Other forests Kolkhoz and Soviet farm forests
27%
1925
56.9%
2013
Forestcover
Forestcover
1. JSC «Latvijas valsts meži» State 1 630 000 ha
2. Ltd «Bergvik Skog» Private 100 000 ha
3. Ltd «Rīgas meži» Private 66 500 ha
4. Ltd «Skogssallskapet» Private 60 000 ha
5. Ltd «Foran Real Estate» Private 55 811 ha
TOP-5 владельцев лесами
State supply
55% Private supply45%
10,6 млн. M3 вырублено в 2015
150 000 владельцев лесами, 8.4 га средняя S3,3 млн. га покрыты лесами
37
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ПР-ВО 312,000 ТОНН COALSWITCH В ЛУДЗЕ, ЛАТВИЯ
КЛЮЧЕВЫЕ ПАРАМЕТРЫ ПРОЕКТА
ПРЕИМУЩЕСТВА
1Многоуровневая поддержка
3 Управление лесом
2Макс. Исп. леса 4 Генерация
ВОЗМОЖНОСТИ
Латвия
ВБ
Швеция
Финляндия
Установка 40 т/час;
Первый проект такого масштаба в ЕС;
Потребление 1,8 млн. m3 щепа в год;
Возможность увеличения до 80 т/час;
Своя перевалка в Риге;
Сбы тв страны ЕС
38
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ОПИСАНИЕ МЕСТОРАСПОЛОЖЕНИЯ 1/3
Area, ha
Key parameters
Property rights
Utilities
Logistics (by road)
To Riga port
To Belarus forestry
To Russian forestry
Location Latgale free economic zone, Ludza city
33
49 year long term lease
Adjacent rail road Moscow – Riga
266 km
160 km
70 km
High-voltage line nearby (possible toinstall a 10 MW substation)
Belarus
RussiaRiga port
Site
To Warsaw 739 km
To Rēzekne forestry 26 km
39
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ОПИСАНИЕ МЕСТОРАСПОЛОЖЕНИЯ 2/3
Возможность обеспечения сырьем
Лудза
Беларусь
40
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ОПИСАНИЕ МЕСТОРАСПОЛОЖЕНИЯ 3/3
41
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ТЕХНОЛОГИЧЕСКАЯ ЛИНИЯ
1 Подача
2 Дробление
3 CoalSwitch
4 Грануляция
5 Хранение
6 Загрузка
Наш процесс
42
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УСТАНОВКА НА 40 ТОНН В ЧАС
43
312 000 тыс. тонн в год
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СЛЕДУЮЩИЕ ШАГИ
2016 2017
6. Поставка оборудования
7. Пусконаладка
5. Начало строительсва
2. Легализация
1. Топография, геология, геодезия
4. Согласования
3. Проектирование
8. Ввод в эксплуатацию
2017
Июнь декабрь Октябрь
44
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ОЖИДАЕМЫЕ РЕЗУЛЬТАТЫ
45
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РЕЗУЛЬТАТ ДЛЯ ГОРОДА И РЕГИОНА В ЦЕЛОМ
46
Инвестиции в регионе за 2 года
$ 40 млн.Прямых рабочих мест30Экономико-социальное
развитие общины
Интеграционныепроцессы в развитие бизнеса
ВовлеченностьБизнес возможностиНовые
Непрямых рабочих местДо 1 000
НалогиНалогов в местный бюджет
$ 0,6 млн. в год
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DISCLAIMER
This document does not constitute an offer or invitation to purchase securities or make an investment.
This document and related documents to be provided during any meeting with qualified investors (the “Information”) are intended to be distributed only to ProfessionalInvestors and no other person is entitled to act upon it. The Information may not be communicated or otherwise used in a manner that amounts to a breach of theconfidentiality arrangements. Any contemplated financial transaction to which the Information relates to will only be offered to a Professional investor who satisfies theregulatory criteria to be an eligible investor.
The information contained within this Information has been drawn from various sources believed to be reliable but has not been independently verified the Author expresslydisclaims any and all responsibility or liability for any written or oral representations provided to the recipient in the course of the recipient’s evaluation of the Information.
By accepting the Information, the recipient acknowledges and agrees that all information contained herein is of a confidential nature, that it will treat the information in aconfidential manner and that it will not, directly or indirectly, disclose or permit its agents or affiliates to disclose any of such information.
The investments referred to in this publication may not be suitable for all recipients. Recipients are urged to base their investment decisions upon their own appropriateinvestigations that they deem necessary.
Any loss or other consequence arising from the use of the material contained in this publication shall be the sole and exclusive responsibility of the investor and Active EnergyGroup Plc accepts no liability for any such loss or consequence.
In the event of any doubt about any investment, recipients should contact their own investment, legal and/or tax advisers to seek advice regarding the appropriateness ofinvesting. Some of the investments mentioned in this publication may not be readily liquid investments. Consequently it may be difficult to sell or realize such investments.
The past is not necessarily a guide to future performance of an investment. The value of investments and the income derived from them may fall as well as rise and investorsmay not get back the amount invested. Some investments discussed in this publication may have a high level of volatility. High volatility investments may experience suddenand large falls in their value which may cause losses. International investing includes risks related to political and economic uncertainties of foreign countries, as well ascurrency risk.
To the extent permitted by applicable law, no liability whatsoever is accepted for any direct or consequential loss, damages, costs or prejudices arising from the use of thispublication or its contents.
Laws and regulations of other countries may also restrict the distribution of this report. Persons in possession of this document should inform themselves about possible legalrestrictions and observe them accordingly. This document has not been approved or licensed by any regulatory authority.
Disputes concerning, or related to the offering pursuant to the Information shall be settled exclusively in accordance with the laws and regulations of England and Wales.
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