CNG Fueling Appliances for Natural Gas Vehicles

Transcription

1 CNG Fueling Appliances for Natural Gas Vehicles ROBERT STRODS Co-Founder & COO , HYGEN Presentation

2 Natural Gas Markets Natural Gas (NG) in loosing share in residential heating market Proven reserves of NG for more than 300 years to go NG is the lowest cost motor vehicle fuel available today Untapped market potential for NG in transportation - 30%

3 Natural Gas Vehicles (NGVs) Cheaper (40-80%) Cleaner (reduces local pollution & CO2 emissions) Proven (>24,5 M vehicles) Demanded (2% with only 3.6% of station) PROBLEM: Lack of fueling infrastructure for NGVs NGVs 2.0% CNG Stations 3.6% Other Vehicles 98.0% Gasoline Stations 96.4% OPPORTUNITY: 200 million homes connected to natural gas grid

4 Leveraging Existing Gas Grid

5 Initial Industry Solution FuelMaker s corp. Residential Fueling Appliance (RFA) «PHILL» PHILL proved market «traction» and business model Car OEM strategic alliance partner - HONDA It failed too expensive, short service life, slow to refuel NGVs

6 HYGEN Breakthroughs VS PHILL GASDROID 1. Lower Cost USD USD 2. The Longest Service Life h (2y) h (10y) 3. Fast Fueling 8-12 h 3 min 6 X economic change compared to existing solutions and unique customer experience - fast at home fueling

7 HYGEN s GASROID - Home Fueling Appliance Compression flow Storage capacity Fueling time Electricity consumption Power supply line Service life 1.1 Sm3/h (0.65 SCFM) 18 Sm3 (630 SCF/5 GGE) 3 min 0.5 kwh/sm3 (0.014 kwh/scf) 220 V (single phase) h

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9 Business Case for Utilities Extends natural gas grid capabilities to fueling vehicles Allows to capture part of 30B EUR global suburban driver fuel market Enables to retail CNG at competitive price at customer s doorsteps 5 x gas sales (one appliance two vehicles) Increases Regulated Asset Base Fulfills environmental and innovation commitments Economic driver for natural gas grid development Load leveling (winter and summer)

10 Gasoline vs HYGEN s CNG >35% reduction in fuel costs on average in Europe Unique customer experience fast 3 min at home fueling Additional benefits (free parking, bus & taxi lane, tax reduction) Significantly improved air quality and reduced CO2 emissions

11 Gasoline vs HYGEN s CNG 50% reduction in fuel costs (3.00 USD/GG, 0.67 USD/GGE of NG) in U.S. Unique customer experience fast 3 min at home fueling Additional benefits (free parking, bus & taxi lane, tax reduction) Significantly improved air quality and reduced CO2 emissions

12 EV vs NGV+HYGEN EV NGV + HYGEN Everyday fueling solution Home, office and city parking lots Home and Office At-home fueling time 6-10 h 3 min Driving extension Tank cost (For 100 miles) Sophisticated and expensive infrastructure 9,000 USD (26kw battary, 350 USD/kwh) Conventional Fuels (all NGVs are bi-fuel cars) <1 200 USD (85 l w/c cylinder, 14 USD/l) Mass produced vehicles Conversion of gasoline vehicle Availability of energy distribution grid NO Most households YES, widely available Less developed Proven market traction Just started (2M cars) YES (24 M cars)

13 Million units European Market 105 million homes connected to natural gas grid in Europe 26.1 million are detached houses connected to natural gas grid 97,5% of these houses are located in just 15 EU states Germany is the largest market in EU with 4,5M houses connected to grid

14 Million units U.S. Market 61 million homes connected to natural gas grid 27.6 million out of 61 million are detached houses (KPGM & HYGEN estim.) Rather evenly distributed among the states (top 15 has 70% market share) California is the largest state with 11 million homes with gas services

15 HYGEN Products

16 Plan Financed by InnoEnergy with 3M EUR investment in A Round in 3Q of 2015 Certified, ready for market roll-out product by 1Q of 2018 Pilot Projects in EU (GNF) & US (SCG) in 2017 & 2018 Milestones Beta Prototype Production Prototype External Testing & Demo s Product Certification Pilot Projects Commercialization Piloting fleet product TOTAL GALP ENERGIA EDF EDP ENGIE

17 Thank You CONTACT INFO: ROBERT STRODS Co-Founder & COO