Genex Power : Energy Storage Presentation

only	Energy Storage Presentation
use	Webinar details
•	Date: Tuesday, March 8th 2022
	•	time: 2pm Sydney time (AEDT).
	•	Registration link: https://us02web.zoom.us/webinar/register/WN_cbAApqrWS4OY5NP0rK9Q6A
ersonal

Approved by the Board of Genex Power Limited

Diverse renewable energy project portfolio

onlyBy 2025 our portfolio of renewable energy and storage projects will provide clean

KIDSTON CLEAN ENERGY HUB

50MW Kidston Solar Project (Operating)

250MW/2000MWh Kidston Pumped Storage Hydro Project (Construction)

Up to 200MW Kidston Wind Project (Development)

Up to 270MW Kidston Stage 2 Solar Project (Feasibility)

energy to over 350,000 homes
use
offsetting up to 2mtpa of CO2	BOULDERCOMBE BATTERY PROJECT (BBP)
emissions
50MW/100MWh Large-Scale Battery Energy
ersonal	Storage System "BESS" (Construction)

	JEMALONG SOLAR PROJECT (JSP)
	50MW Jemalong Solar Project (Operating)
G n x | Green Energy, On Demand | Presentation	2

Renewable energy growth

The need for storage

only												Generation capacity forecast for NEM
	90%
	80%
	70%
usepowerofgenration
	60%
	50%
	40%
%	30%
	2030	2031	2032	2033	2036	2037	2040	2043	2044	2045	2046	2047	2048	2049	2050
ersonal
	20%
	10%
	0%

2022	2023	2024	2025	2026	2027	2028	2029	2034	2035	2038	2039	2041	2042	2051	2052	2053	2054	2055
									Solar		Wind		Coal	Source: Genex estimates

G n x | Green Energy, On Demand | Presentation

Renewable energy is expected to increase to 83% of NEM total power supply in 2055

Growing penetration of renewable generation underpins the business case for storage

Large-scale storage will maximise renewable energy availability (particularly solar)

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Delivering a portfolio of renewable energy generation and storage projects

Renewable Energy Generation

Energy Storage

Genex Power

Challenges of intermittent renewable energy:

The benefits of batteries:

Genex's diverse portfolio of renewable energy

• Oversupply of power in prime generation

•

Stores energy for use in peak time

generation and storage projects provides:

only

• Increased renewable energy availability to the

conditions (irradiation and wind)

•

Balances out the pricing dynamic

grid

• Leading to volatile pricing

•

Quick release of power when required

•

The ability to optimise energy sales revenue

• Decreasing system stability

•

Increase system stability

•

Enables shareholder value accretion as the

• Solar not available in peak demand times

NEM transitions

use

• Maximise power prices received from energy

sales

G n x | Green Energy, On Demand | Presentation

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ersonal

Australian's operational large-scalebattery landscape

onlyBatteries have the ability to operate in all 9 markets (energy market + 8 FCAS markets)

Currently only one large-scale battery usegenerating in the Queensland market

Genex set to leverage the strong arbitrage

business case due to growing solar generation ersonalin the electricity market

BESS have the capability to address system security issues caused by rapid deployment of intermittent generation

G n x | Green Energy, On Demand | Presentation

Site: Wandoan (2021)

Supplier: Doosan GridTech

Capacity: 100MW/150MWh

Site: Hornsdale (2017)

Supplier: Tesla

Capacity: 100MW/129MWh

Site: Ballarat (2018)

Supplier: Fluence

Capacity: 52MW/25MWh

Site: Lake Bonney (2018)

Supplier: Tesla

Capacity: 52MW/25MWh

Site: Gannawarra (2018)

Supplier : Tesla

Capacity: 30MW/30MWh

Site: Dalrymple (2018)

Supplier: ABB & Samsung

Capacity: 8MW/30MWh

Site: VBB (2021)

Supplier: Tesla

Capacity: 300MW/450MWh

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