Storage Drop Storage Technologies Ltd · TASE:STRG
Storage Drop Storage Technologies — Investor Presentation (September 2023)
28 slides from Storage Drop Storage Technologies's investor presentation, September 2023
Slide 1: Making Green Energy available for all
Making Green Energy available for all September 2023 www.storagedrop.com
Slide 2: About Storage Drop
About Storage Drop Storage Drop is an innovative company for I-CAES (“Isothermal Compressed Air Energy Storage”) and LDES (“Long Duration Energy Storage”) systems. Storage Drop operates in the field of Energy Storage and develops several products with a potential for significant ecological advantage
Slide 3: Allowing continuous energy production from natural resources
Allowing continuous energy production from natural resources Storage Drop develops i-CAES Energy Storage Systems 6 million US$ Raised as part of the merger led by Leumi partners Patent Completed Applications merger into Filed in the U.S. 30 Gained the rights to Employees and public shell commerciali
Slide 4: The Challenge
The Challenge Low-Cost Green CAPEX and Solution OPEX Long High Duration Efficiency Storage 4
Slide 5: Management Team
Management Team Jacques Busbib Shay Cohen Yona Fogel CEO Chairman B.Sc. and M.Sc. in Mechanical Holds a master's degree in psychology, Engineering from the Technion. specializing in organizational consulting. He has extensive experience in He completed his military service as a designing and develop
Slide 6: HyDrop - Energy Storage for electricity generation
HyDrop - Energy Storage for electricity generation 6
Slide 7: Ashdod Port Demonstrating Compression of Air in Isothermal Process
Ashdod Port Demonstrating Compression of Air in Isothermal Process 7
Slide 8: Ashdod Port Demonstrating High Pressure Compressed Air Storage
Ashdod Port Demonstrating High Pressure Compressed Air Storage 8
Slide 9: Ashdod Port Demonstrating electricity generation (100 KWh)
Ashdod Port Demonstrating electricity generation (100 KWh) Hydraulic Turbine Compressed Air 9
Slide 10: DropX: HyDrop Charger as Air Compressor
DropX: HyDrop Charger as Air Compressor ✓ The DropX technology is a unique Hydraulic “green” isothermal compressor. ✓ The compressor is based on water pump compressing the air in an isothermal process, generating compressed air at a higher efficiency than other standard air compressors. ✓ This air c
Slide 11: DropX: Liquid Compressor versus Conventional Air Compressor
Drop X: Storage Drop Liquid Compressor versus Conventional Air Compressor – the competitive advantage Conventional Consum pt io n 80 Bar Compressors Power 40 Bar Drop X 80 Drop X 40 10 Bar 8 Bar Storage Drop Drop X 10 Drop X 8 Drop X 11
Slide 12: DropX versus Conventional Air Compressor – the competitive advantage
DROPX Conventional Drop X: Storage Drop Liquid Compressor Maintenance Low High versus Conventional Air Compressor – the Life Span 4 x longer Limited competitive Efficiency High Low advantage Size X3 Small Noise Level Low High Environment Oil Free Polluting 12
Slide 13: CO2-based CoolDrop cold production system for cooling applications
CO2-based CoolDrop cold production system for cooling applications 13
Slide 14: High cost of electricity
High cost of electricity Cost of electricity 94.17% What is really First cost of chiller 5.18% important Cost of initial refrigerant 0.25% over the life of Cost of lifetime refrigerant suplly 0.40% the chiller? 14
Slide 15: CO2-based CoolDrop cooling system
CO2-based CoolDrop cooling system Storage Drop develops CO2 based chiller (“CoolDrop”) for refrigeration applications using direct compression of CO2 with water. 15
Slide 16: Storage Drop – Product 1: HyDrop
Storage Drop – Product 1: HyDrop - Energy Storage System For electricity generation. Electricity In • Estimated Cost of construction = multiply size in $ per kilowatt-hour by Plant size. For example, a system of 150 MWh will cost 408*150=61 MUS$. • Operating cost = 2 percent of the construction cost
Slide 17: Storage Drop – Product 2: DropX
Storage Drop – Product 2: DropX - compressed air production and storage system (air compressor) Electricity In Compressed Air Out • Thanks to power savings compared to a standard compressor, Storage Drop's compressor returns the initial investment after 2 to 6 years of operation, depending on the si
Slide 18: Storage Drop – Product 3: CoolDrop
Storage Drop – Product 3: CoolDrop – CO2 based cooling system and storage for air conditioning purposes. Electricity In • With energy savings compared to standard chillers, Storage Drop's chiller returns the initial investment after 2 years of operation Cold water at 4 degrees C out 18
Slide 19: Supply of products inside containers
Supply of products inside containers Product Goal Containers Advantage s Energy Storage and High pressure ✓Off-site system energy storage HYDROP Power Generation containers production (compressed air) ✓Plug & Play system Air compression container and connection Compressed Air storage energy storage
Slide 20: Business Model
Business Model Product Goal Market Business Model Electricity generation Electricity sales at peak Energy Storage and during peak hours when HYDROP tariffs (evening hours) Power Generation no alternative energy source is available Industrial plants System manufactured/installed by consuming compress
Slide 21: Projects Completed
Projects Completed HYDROP: Ashdod Port – Demo Pilot HYDROP 100 KW : COOLDROP Rehovot Demo Pilot CoolDrop 5 TR 21
Slide 22: Projects in progress
Projects in progress • TNUVA Elon Tavor, DropX8 Air Compressor • Kibbutz Maale Gilboa, HyDrop 1MWh + Fish Ponds Oxidation • Ashdod Port – HyDrop Vehicle Fast Charging Experiment 22
Slide 23: Project in progress: TNUVA Elon Tavor DropX8
Project in progress: TNUVA Elon Tavor DropX8 • Delivery of a DROPX8 compressor that implements i-CAES technology developed by Storage Drop Compressor 8 Bar • Process data: 3360 NM3 per hour; 8 bar. • Work contents by Storage Drop • Design, manufacture, supply and installation of DropX8 compressor •
Slide 24: Project in progress: Kibbutz Ma'ale Gilboa HyDrop
Project in progress: Kibbutz Ma'ale Gilboa HyDrop • Provide energy storage (100 KWh) and oxidation of fishponds via bubbling of compressed air into the ponds. Currently, in Israel, the use of PV panels over fishponds is limited to 30% of the area by the Ministry of Agriculture. • The project will al
Slide 25: Projects in pipeline
Projects in pipeline Grants in the approval process: • U.S. Department of Energy – HyDrop 1MWh – $1.5 million Q4 2023 • European Union – - Heat Pump 1 million Euros Q1 2024 Cooperation under evaluation • AISIN TOYOTA Active processes: (Under evaluation after proposal submittal) • DropX40- Beverage c
Slide 26: Oak Ridge National Laboratory (ORNL) – 1 MWh HyDrop Demo System
Oak Ridge National Laboratory (ORNL) – 1 MWh HyDrop Demo System ORNL is the largest DOE science and energy laboratory, conducting basic and applied research to deliver transformative solutions to compelling problems in energy and security. Joint Project ORNL – Storage Drop • “Testing and Validation
Slide 27: AISIN TOYOTA Global Japanese Group - 100 KWh HyDrop Demo System
AISIN TOYOTA Global Japanese Group - 100 KWh HyDrop Demo System The client is headquartered in Japan and is a Fortune Global 500 Storage Drop / Client Joint Scope company that develops and produces components and systems for the • Design, Manufacture and install upgrade to existing automotive, lifes
Slide 28: Thank you!
Thank you! www.storagedrop.com
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