20160107 - AQYLON Presentation AMN

Smarter Power

OrganicRankineCycleTechnology

Waste Heat RecoveryORC solutions

Antonio MENDES NAZARE

│

summary

Organic Rankine Cycle Technology 2

Introduction to AQYLON

Products and Markets

Business Models

Examples

│

Model of ORC Plant

Executive summary


• AQYLON designs, manufactures sells and installs complete Organic Rankine Cycle (ORC) solutions for the production of electricity from heat sources.

• AQYLON proposes standard ORC solutions from 100 KWe up to 10MWe for two main applications, with or without a cogeneration system :

o Energy Efficiency

Recovery of industrial waste heat(cement, glass and steel factories)

Recovery of engines waste heat(diesel and gas/biogas engines)

o Renewable Energy

Biomass Geothermal Solar thermal

Operational temperature range starts at 85°C

│

● About us

11

● Headquarters, main office, and production facilities in Paris

● Office in Casablanca

● Office in Miami

● Office in Asia (March 2016)

● 4 patents + 8 more pendingon turbine and cycle

AQYLON, a Multi Awarded Company

│

summary




Business Models

Technology

│

Mechanical resistance analysisSimulation of flow through a turbine

● Technology

11

Turbines(Radial or axial geometry, synchronous or asynchronous

generator, independent stages)

• Simulation of blade profiles

• Mechanical implementation, (modal analysis, bearings, packing)

• Electromagnetic implementation (integration of a high speed

generator or conventional generator)

Thermodynamic Cycle(Organic fluids or water)

• Fluid selection

• Optimization of the loop (stages,

reheating, etc.)

• Performance Modeling

│

● Techcnology

11

Turbine

Pump

CondenserEvaporator

Working fluid

vaporized

Working fluid

condensed

ORC

Heat from :

• Fumes

• Exhaust gases

• Processes

Heat To:

• Heating applications

• Processes

• Coolers

Electricity production

│

summary




Business Models

Technology

│ 10

L version for low temperatures from 85°C to 120°C, such as the ATM-500L

M version for medium temperatures from 120°C to 220°C, such as the ATM-500M

H version for high temperatures from 260°C to 330°C, such as the ATM-500H

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Standard ORCHigh Temperature Organic Rankine Cycle

Electricity Production / Cogeneration

Industrial

process

waste heat

Geothermal

Energy

High temperature

geothermal

sources

Solar thermal

systems

Electrical recovery

of HT effluent

streams

Concentrated

Solar Power

Industrial waste

heat

ICE engines

Waste Heat

Recovery

Biomass Power

PlantsBiomass:

Wood

Standard Designs

Custom ORCOrganic Rankine Cycle

Electricity Production / Cogeneration

Custom Solutions

11

│

Unique flexibility


ORC ModulesStandard solutions of 500 / 1000 / 2000 kWe for temperatures > 270 °C

Tailored solutions from 250 kWe to 10 MWe

Complete Power PlantsIntegration of the ORC Module with the cold source and the hot source

The complete power plant includes:

• Preliminary studies

• ORC Module

• Heat exchangers on the hot source

• Heat transfer loop

• Water cooling loop and air condensers

• Maintenance

Turbine

electricity

production

Pump

Condenser

Evaporator

TurbinesTurbine cycle design, turbine, installation

Tailored solutions from 250 kWe to10 MWe

• Robust design

• Radial or axial

• Single or multi stages

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Unique flexibility


Typical Concept for Fumes recovery

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Unique flexibility


Typical installation on ICEs heat recovery

Engine

AQYLON ORC

module Haute

température

Heat exchanger

Electricity grid

Aero water chiller

ORC heat recovery:

Exhaust fumes & cooling jackets

AQYLON ORC

module Basse

température

│

Unique flexibility


Typical Biomass installation

│

Unique flexibility


Typical Solar & Geothermal installation

AQYLON

ORC

module

Electricit

y grid

Aero

water

chiller

Geother

mal well

AQYLON ORC

module

Electricity grid

Aero water chiller

ORC heat recovery: Concentrated

solar power (CSP)

CSP field

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ORC Modules


ATM-1000H

ATM-1000H Characteristics

Hot

Source

Temperature Inlet Range 340-280 °C

Temperature Outlet Range 220-110 °C

Medium Thermal oil

Thermal Power

RecoverableFrom 4 to 6 MWth

Cold

Source

Temperature oultlet Range 40-60 °C

Media Water cooling

Thermal Power From 3.2 to 4.8 MWth

ORC

Module

@

nominal:

5 MWth

power

input;

hot:310

– 210;

cold: 20

– 40.

Net electrical

generation1,000 kWe

Net electrical

efficiency22%

Minimum load 40%

Estimated lifespan 25 years

│

ORC Modules


ATM-2000H


Hot

Source



Medium Thermal oil

Thermal Power


Cold

Source


Media Water cooling

Thermal Power From 6.4 to 9.6 MWth

ORC

Module

@

nominal:

5 MWth

power

input;

hot:310

– 210;

cold: 20

– 40.

Net electrical

generation2,000 kWe

Net electrical

efficiency22%

Minimum load 40%


│

ORC Modules


ATM-5000H


Hot

Source



Medium Thermal oil

Thermal Power


Cold

Source


Media Water cooling

Thermal Power From 8 to 20 MWth

ORC

Module

@

nominal:

5 MWth

power

input;

hot:310

– 210;

cold: 20

– 40.

Net electrical

generation5,000 kWe

Net electrical

efficiency22%

Minimum load 40%


│

summary




Business Models

Technology

│

AQYLON offers 2 different business models

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● Busines Models

Organic Rankine Cycle Technology

Usual Direct Sales Totally financed projects

OR

│Two sales models

Direct Sale

AQYLON

CUSTOMER

Possible scope of supply :

Preliminary studies

Equipment (standard or tailored)

Installation (total or partial)

Commissioning

Support during starting period

Maintenance (with local)

22

● Busines models – Direct Sale

Organic Rankine Cycle Technology

IF customer wants to invest,

AQYLON proposes :

• The best optimized CAPEX

• The best optimized OPEX

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Busines models – SPV Schemes


SPVAQYLON

10%-15%

CUSTOMER

0%-15%

FINANCIAL PARTNERS

70%-90%

AQYLON BANK(S)

SPV Investors assume all the risks -- Buy equipment through equity and debt

+ take charge of Opex -- Share benefits

CUSTOMER

"ZERO CAPEX / OPEX" solution

Sale of equipment

Performance Guarantee

And maintenance contract

Debt

Financing

Service contract

(in most cases,

Power Purchase Agreement)

Service Payments

(in most cases,

Electricity purchase)

Financing

payments

Purchase Price

and Service

payments for

maintenance

• If the customer does not want to invest, AQYLON offers a totally financed solution

• AQYLON and financial partners establish a SPV, either alone or with the customer

• The SPV enters into an IFRIC 4 compliant service contract with the customer

• The SPV has back-to-back contracts with AQYLON to guarantee the performance

• AQYLON and financial partners (and customer if wanted) capitalizes the SPV for the specific projecto Debt from bank could be added to

the financing scheme

• The services payments received at SPV level are split into pure service payments to AQYLON for maintenance work and the finance component for the bank(s) and the equity investors

│sales 24Organic Rankine Cycle Technology

PPAs (Power Purchase Agreement) most usual period is between 7 to10 years

The price of the electricity purchased by the customer is:

• negotiated over the PPA period

• indexed on the grid price evolution

• usually between 5% and 30% lower that the price from the grid

• Possible monthly threshold fee. Down to 40% of nominal

At the end of the PPA contract, there are 3 possibilities:

• There is no contract renewal : The SPV that owns the equipment, has 6 months

to take back the equipment

• There is a contract renewal : There is a new electricity price and conditions to be

determined for the renewed period (typically 5 years).

• Buyback option : The customer can purchase the equipment at an agreed amount

● Busines models - PPA

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Thank you for your attention

Antonio MENDES NAZAREVice-President of Sales & Marketing

+ 33 6 83 18 93 16

[email protected]

AQYLON46, Rue René Clair – 75018 Paris – France

www.Aqylon.com - + 33 1 42 58 63 37

mailto:[email protected]

http://www.aqylon.com/

20160107 - AQYLON Presentation AMN

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