Alkane Energy plc Preliminary Results For the 12 months ended 31 December 2012 GAS GAS TO POWER TO POWER
Alkane Energy: Gas to Power Alkane Energy is an independent power producer Last year we generated sufficient output to power circa 60,000 homes Following the acquisition of Greenpark, Alkane has an installed generating capacity of…
Gas to Power: What we do CMM: 24/7 Baseload Generation CMM 62% Power Power Response: Response Winter Peakload: 10% weekday 4pm-7pm STOR: National Grid Backup Design, Build & Operate 28% Design, build and operate:…
Highlights Eighth successive year of growth in output Output up 19% in the year to a record 167GWh (2011: 140GWh) Successful integration of the Greenpark acquisition; output ahead of original acquisition plan Gedling (3MW)…
Balance Sheet 31 Dec 2012 31 Dec 2011 000 % Change Unaudited Audited Fixed Assets Fixed assets 39,578 29,306 35% 39.6m 40 Cash 1,569 745 35 Engines Bank debt (8,645) (4,852) 12.1m 30 Lease debt (1,122) (1,961) 25 Net Debt…
Cash Flow 31 Dec 2012 31 Dec 2011 000 % Change Unaudited Audited Last 5 years capex & Operating activities after acquisitions of 3,325 2,062 61% 37.6m funded by: depreciation Depreciation charge 3,209 2,312 39% Operating…
Baseload Electricity Prices /MWh 70 Macro economic support 58 60 for pricing 60 54 53 53 54 51 Contracts in place covering 50 45 44 81% of expected output for 40 2013 at an average price of 53/MWh 30 STOR market prices 20…
Track Record 15
DECC and The Energy Bill 2011 Other De-carbonise UK electricity 5% Renewables Renewable tariffs / FiTs 9% Renewable Heat Incentives (RHI) Gas Contracts for Difference 40% Coal Security of Supply 29% Multiple fuel sources…
Why are we investing in Electricity Generation Shrinking spare capacity 40% 35% 30% 25% 20% 15% threshold 15% 10% 5% Source: National Grid, Company References, Liberum Capital estimates 0% 2009 2011 2013 2015 2017…
CMM Generation and Project Pipeline Baseload operation Alkane site improvements/refurbishments New site opened at Gedling (3MW) Askern re-commissioned (2MW) Work on Greenpark sites progressing ahead of plan Working on more than…
Power Response (Peak Running & STOR) Income from - Peak period weekday 4pm 7pm (during the winter months) - STOR contract direct with National Grid National Grid - 21MW package contracted to 31 March 2014 Market - Currently 4,000MW…
Design, Build & Operate Gas to Power is Alkanes core expertise Project development CHP engine units Grid connections Biogas First project delivered and commissioned 2012 order intake 4.0m Three projects in build O&G Industry…
Alkanes Licences Facts and figures 823 km2 21 Licences Scope of licences CMM, CBM, Conventional gas 15 licences have shale potential 14th round (timing still uncertain) 1. Yorkshire (PEDL 37 - Currently two operating projects)…
Summary Group revenue up 54% Alkanes successful acquisition and integration of Greenpark Alkane licence potential Upward pricing trend for UK electricity market Market backdrop of looming UK energy gap Confident of another…
Alkane Energy plc Preliminary Results For the 12 months ended 31 December 2012 GAS GAS TO POWER TO POWER
Greenpark Consideration Structure Amount Basis of payment Comment 000 Cash 4,261 Paid on completion Number of shares issued based on the 30 day Alkane shares 250 moving average share price pre completion; issued on completion…
Spark Spreads 10 Spark Spreads, Base Load, 36% Efficiency 8 2010 series 2011 series 6 2012 series 2013 series 4 2014 series 2 -- (2) (4) (6) (8) (10) (12) (14) 01/04/2008 12/12/2008 02/09/2009 20/05/2010…
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