EnviTec Biogas AG Company Presentation Experiances in ...€¦ · 07/09/2011 · I. Company...
Transcript of EnviTec Biogas AG Company Presentation Experiances in ...€¦ · 07/09/2011 · I. Company...
1www.envitec-biogas.de
EnviTec Biogas AGCompany Presentation
www.envitec-biogas.comHendrik van der TolBaltic Biogas Forum, Gdansk, 7th of September 2011
Experiances in Central Europe
2
I. Company presentationEnviTec Biogas at a Glance
> 148m Euro Turnover in 2010
> 47m Euro abroad
> 416 employees (as per 12/2010)
Plant operationServicePlant construction
EnviTec Biogas AG
> 392 biogas moduleswith 228,3 MWel inoperation
> 101 biogas moduleswith 66 MWel underconstruction(
> 17,1 MWel in ownoperation
> 11,7 MWel underconstruction
> Biological service:approx. 104 biogasmodules
> Technical service:approx. 197 biogasmodules
(As per 01/07/2011)
3
I. Company presentationIntegrated business model
3
Construction Start-up Service Management Plant participations andplant operation
Projectplanning
> Survey> Permits> Contracts> Planning of
whole biogasplant
> Complete management of biogas plant> Purchase of feedstock> Logistics> Usage of generated electricity> Usage of heat for farmers, industry,
municipal facilities and utilities
> Managementfor third parties
> Biologicalservice
> Technicalservice
> Assurance> Power test runs
> Start-upsupport ofbiogas plantsuntil 90% ofexpectedtargetperformancelevel isreached
> Turnkeyconstruction
> Contractmanagement
> Quality check> Function testing
Plant construction Service Plant operation
4
Development of order backlog
56 57,791,1 114,9
107,0170
161,5187,6
25
75
125
175
225
275
325
31/12/2008 31/12/2009 31/12/2010 31/03/2011
EURm
International National
163,0
302,5
252,6227,7
5
Important foreign markets: Italy: € 41.7 million order backlog currently France: € 15,4 million order backlog currently
Equipment ordered,under construction, operation,
Sales acitivties
Development of order backlog
Activities in 19 countries In 11 countries plants are under construction or in operation In three other countries we have signed contracts
6
III. Plant construction – overviewStandardised Plant Construction
Biogas park Penkun
> Installed capacity: 20 MWel
> No. of modules: 40
> Averaged capacity 2008 above 90%
Advantages of standardisation
Low cost deviation andhigh planning security
Efficient construction
High product quality
CE labelling of entire biogas plant
Serial production at supplier level
Economies of scale viaserial production
7
III. Plant construction – overviewAbove-average plant efficiency
> Single-stage, mesophile (35°-38°C), fully mixedprocess
> Accurate weighing of feedstock
> Daily variance analysis and calibration of gasproduction
> High quality and standardised construction ofcomponents
> Consistent implementation of processrequirements
ReasonsPlant efficiency
Source: EnviTec, Fachverband Biogas 2008
88,9%91,0% 91,9% 92,0% 92,7%
60%
70%
80%
90%
100%
2005 2006 2007 2008 2009
Sector average 81,3%during H1 2008
8
References „Entering new markets“
Commissioning:May 2011
Input substrates:Maize silage, whole cropwheat
Output:10.000 m³/h (22 Mwel)
Region Kastilien-Léon (Spain)Contract for the construction of threebiogas plants:February 2011, 3 x 500 kWel
Input substrates:manure, energy crops, grape marc
Güstrow (Germany)
Castiliay León
9
References „Entering new markets“
Rogerstone (Wales, UK)Liepaja (Lettland)Commissioning of the first twobiogas plants:March 2011, à 1 MWel
Input substrates:manure, energy crop
Heat recovery:waste heat is used to heat thestables of the pig farm
Commissioning:March 2011, 500 kWel
Input substrates:100 % bio genic residues ofready meal factory
Heat recovery:process heat
10
NewTechnologies
11
III. Plant construction – optional techniquesEnviTec - Feedcontrol
> Variable instead of the usual fixed feeding times> Adaptation to different substrate qualities> Installation of a software update and a redox
probe in the fermenter for measurement andvisualization of voltage differences
> Better utilisation of the CHP> Preventing of overfeeding and therefore an
excess production of gas> Saving substrates> Insensitive to variations in the quality of input> Gas storage is used optimally
2-5% more electricity Approximately 10.000 bis 20.000 Euro
more revenue
Performance-controlled feeding Advantages
12
III. Plant construction – optional techniquesCircle-Dissolver
> High rotating knife disc crushes input materialsvery thoroughly
> Corn grains are completely shattered to ahomogeneous mass after two minutes
> Dosing through a PC-controlled weighingsystem
> More gas out of less substrate> More gas in less time due to shorter rentention
time in the fermenter> Less agitatorpower needed due to better
consistence> Less over- and under-production because of a
more steady gas production
Up to 9% more gas produced Approx. 10.000-15.000 Euro more profit
per year
Improved mixing technique Advantages
13
III. Plant construction – optional techniquesBiogas of natural gas quality
EnviTec biogas upgrading purified by Greenlane
> Licence for gasupgrading
> 20 years of experience in purifying gas
> Use of the water scrubbing technology
Advantages of feeding-in the natural gas net
> Use close to the clients possible
> Independence of natural gas imports and fossil energysources
Goals of the German government
> Feeding-in the natural gas net of approx. 6 billionstandard cubic metres biogas in the year 2020
> Extension of approx. 2.000 bio natural gas plants until2020 needed
14
III. Plant construction – optional techniquesExample of the biogas park Güstrow
Gas feed-in
> worlds largest biogas processing inGüstrow
> Production of 10,000 m³/h gas
> Five modules at 4.4 MW electrical power
> Order value around €42.0m
> Supply of 50,000 inhabitants
Biogas park Güstrow
15
Interactive BiogasPlant
16www.envitec-biogas.de
Experiances in Central Europe
www.envitec-biogas.comHendrik van der Tol2011-08-24
17
The EnviTec Concept
18
19
20
The CZ & SK Market
General market situation: Total Market pot. ca. 800x (SK = ca. 300x) Amendment expected on RE Law, more support expected on processing
waste and products like grass (SK; heat concept!) Subsidy program EU will finish in 2013. In CZ probably already in 2012. More support expected for micro-net and gas upgrading (also for CBG).
Current status of the market: Actual number of biogas stations: ca 175 (SK ca 12x) Actual installed output: > 100 MW (SK > 10MW)
21
The Baltic Market (Latvia)
General market situation: Total Market is limited because of country size, recourses and most
important change in FIT + Subsidies for Biogas Facilities. Another amendment expected on RE Law....... Subsidy program EU will finish 2013. Projects with existing licences and already awarded FIT / Subsidies will
be build, afterwards sales will decline. LT might come with interesting RES Law.
Current status of the market: Actual number of biogas stations: ca 14 (running and under construction)
Actual installed output: ca 12 MW (running and under construction) Actual ET share of biogas on renewable sources of energy: 30%
22
The Polish Market
General market situation: Huge Potential; ca 1000 MW till 2020 (acc. National Action Plan) ….. Unclear, difficult & bureaucratic Support System Large share of small scale Agriculture Uncertain Certificate system for Banks & Investors (max. 15 Euro ct.) Fixed FIT under discussion Good chances for Gas Upgrading
Current status of the market: Actual number of Agri Biogas Plants: ca 11 Ca 15 plants under construction
23
Overview Central Europe
23
2424
2525
EnviTec Biogas in Central Europe:
25
EnviTec Biogas CE (Based in CZ) Established 2006 Ca. 15 MW on the grid (18 facilities) Planning, construction, start-up & service 35 employees, turn-over 2010; > 20 milj. Euro Seperate Ltd. In Slovakia (100% owned by ET CE s.r.o.) Coordinating activities in Baltics, Poland, Ukraine, Belarus & Russia
262626
Biogas Projects Czech Republic
272727
Biogas Projects Slovakia
2828
BGS Lipa, 526 kW + Heat conn. to School
Investor: Blogas s.r.o.Investment: 1.700.000 Euro (Turn-Key), 100% Bank-loanInputs: Cow Slurry & Maize Silage
References
BGS Valovice, 1.063 kW + ORC
Investor: Zem. Spol. Bukovno s.r.o.Investment: 2.000.000 Euro (Technology), 40% SubsidiesInputs: Pig Slurry, Maize Silage & Sugar beet pulp
28
BGS Julcin, 1.063 kW
Investor: Mr. Antonin StastnyInvestment: 3.200.000 Euro (Turn-Key), 55% SubsidiesInputs: Cattle manure & Maize Silage
BGS Třestina, 1.063 kW
Investor: Usovsko a.s.Investment: 2.200.000 Euro (Technology), 40% SubsidiesInputs: Cattle slurry & Maize Silage
29
References CZ & SK
Name Size Type Date Conn.Lipa 526 kW NaWaRo 08-2008Valovice 1150 kW NaWaRo 12-2008Trestina 1063 kW NaWaRo 04-2009Julcin 1063 kW NaWaRo 07-2009Jarosovice 526 kW NaWaRo 01-2010Klucenice 703 kW NaWaRo 12-2010Slapy 526 kW NaWaRo 05-2011Olesnik 703 kW NaWaRo 05-2011Jarosovice (II) 526 kW NaWaRo 05-2011Vysoke Studnice 635 kW NaWaRo 06-2011Novy Dvor (SK) 999 kW NaWaRo 12-2010Vrbina (SK) 999 kW NaWaRo 12-2010
29
3030
Biogas Projects Latvia
31
References Latvia
Name Size Type SinceLiepaja 2 x 1 MW NaWaRo 05-2011Vilanu 1 MW NaWaRo 09-2011Pampali 1 MW NaWaRo u.c.Bauska 1 MW NaWaRo u.c.Riga 1 MW NaWaRo u.c.
31
323232
Calculation of Profitability
Project: EXAMPLE Date: 19.08.11Project-No: CZ Start up: 2012
Calculation of profitability for your Biogas Plant(Short version)
Investment net
Technology Offer EnviTec Biogas (Guiding Price): 2 600 000,00 €Grid-Connection (estimated cost): 100 000,00 €Services by customer (estimations): 625 000,00 €
Building land costs:Technical building: 300 000,00 €Ground works: 75 000,00 €Heat transfer connection 100 000,00 €Infrastructure 75 000,00 €Permits, etc. 25 000,00 €Others: 50 000,00 €
Silage plates / Silage Bagging Technology (estimated cost): 400 000,00 €Unforseen events approximately 3% of the investment: 111 750,00 €Total invest: 3 836 750,00 €Own capital: 25% 959 187,50 €Subsidies: 0% - €
Need for financing: 2 877 562,50 €
3333
Income:: net
Input: Biogas 8 345 688 kWh 0,17 € / kWh 1 418 766,96 €
Heat use 60% of excess heat yes 4 273 200 kWh 0,02 € / kWh 85 464,00 €
Other incomes: 0 t / a 0 € / t - €
Income: 1 504 230,96 €
Estimate costs:: net
Linear depreciation costs for equipment p.a.: deprecition period: 10 Years 218 694,75 €Linear depreciation costs for buildings p.a.: deprecition period: 10 Years 164 980,25 €Interest rate of half value as new: 5,00% 71 939,06 €
Purchase of maize silage: 17 200 t / a 29 € / t 498 800,00 €Transport costs for fermented residues: 21 050 m³/a 0 € / m³ - €Costs for the use of water: 0,5 € / m³ 0 m³ or t - €
Energy costs: approx. 6% of the produced electrical energy: 0,17 € / kWh 500 741 kWh/a 85 100,00 €Staff costs: 12,0 € / h 8,0 h/d 35 000,00 €
Biological support: 1 000 € / Month 12,0 Month 12 000,00 €Insurance cover: 1 000 € / Month 12,0 Month 12 000,00 €
Servicing & maintenance costs of the CHP: 0,01 € / kWh 83 456,88 €Servicing & maintenance rest of the facility: 0,01 € / kWh 83 456,88 €
Cost: 1 265 427,82 €
Profit per year in € : 238 803,14 €Profit per month in € : 19 900,26 €
343434
Key Figures out of Business Plan
FINANCIAL KEY FIGURES
Return on Equity (RoE) Ca. 20-30%
Pay-back Time Ca. 4 - 6 years
Similar Project in PL would have similar financial results in caseat least 30% subsidies on Investment can be obtained.
- Heat Concept is a must- Extra Income from Sale of Residues not calculated- Results can be improved by using waste as input- Results can be improved by using more manure / slurry and
Grass (less maize silage)
35
Thank you for your attention!