Microsoft PowerPoint - Geysir _301M - Al Gore 07 04 - _Microsoft

Document Sample
Microsoft PowerPoint - Geysir _301M - Al Gore 07 04 - _Microsoft Powered By Docstoc
					Icelandic Geothermal And The Global Community
Ásgeir Margeirsson, CEO – Geysir Green Energy

April 7, 2008
Geothermal in Iceland
Geothermal in the world
Company overview




                          2
ICELAND’S IMPRESSIVE STATISTICS


Iceland’
Iceland’s impressive statistics :
 — Around 89% of district heating is
   geothermal
 — The use of geothermal energy for
   space heating began 100 years ago
 — Nowhere does geothermal energy
   contribute as great a part of a
   nation’s energy supply
                                                            Source: Orkustofnun
 — Electricity production from
   geothermal energy sources           Substantial contribution of
   increased tenfold from 1997 to
                                       Renewable Energy to:
   2007
                                        — The national economy
                                        — Clean air
                                        — Social welfare

                                                                                  3
ICELAND – THE HOME OF RENEWABLE ENERGY


Renewable energy in Iceland:
 — 50% of Iceland’s total energy
   consumption comes from geothermal
   resources
 — 99% of its electricity production is
   renewable
 — 72% of total energy consumption is
   renewable

Iceland vs. World
 — No. 8 in geothermal electricity
   generation
 — No. 5 in direct use
 — No. 1 in electricity usage per capita


                                           4
 EXAMPLES OF DIRECT USE




Swimming pools             Snow melting




                                          Blue Lagoon



Greenhouses/ agriculture   Aquaculture

                                                        5
Geothermal in Iceland
Geothermal in the world
Company overview




                          6
CURRENT AREAS OF FOCUS




                  High temperature areas are in red
                  Low Temperature Regions are very diverse
                    Geysir’s geothermal focus areas

                                                             7
WHY GEOTHERMAL?


•   Rising energy needs                     •   Many nations can take the same path
                                                as Iceland and make geothermal
•   Climate change is forcing the               energy an important energy source
    reevaluation of energy utilization
                                            •   We need to push such development
•   No single solution
                                            •   We have the skills and know-how to
•   Geothermal energy will be part of the       lead such a trend and to back it up
    solution to the foreseeable world
    energy shortage




                                                                                      8
                     INTERESTING PRICE COMPARISON

                    Oil barrel price and MWh base load are growing in a similar pattern.


                         Comparing Energy [CA USA] and Oil Futures on                                                                        Comparing Oil Barrel and MW/h Baseload Futures
                          Delivery Year Futures made in end of 2007.                                                                     [CA USA] Price Made from 2005 to 2007 on Delivery Year.

                   $88                                                                  $102
                                                                                                                                  $100
                   $88                                                                  $100                                       $95
                   $87                                                                                                             $90
                                                                                        $98
$ per.Oil Barrel




                                                                                                                                   $85



                                                                                               $ per.MW/h
                   $87




                                                                                                                     $ Per.Unit
                                                                                        $96                 Oil                    $80
                   $86                                                                                                             $75
                                                                                        $94                 Energy
                   $86                                                                                                             $70
                                                                                        $92                                        $65
                   $85
                                                                                                                                   $60
                   $85                                                                  $90
                                                                                                                                   $55
                   $84                                                                  $88                                        $50
                         2008   2009   2010   2011   2012   2013   2014   2015   2016



                                                                                                                                   20 *

                                                                                                                                   20 5

                                                                                                                                   20 5

                                                                                                                                   20 5

                                                                                                                                   20 5

                                                                                                                                   20 6

                                                                                                                                   20 6

                                                                                                                                   20 6

                                                                                                                                   20 6

                                                                                                                                   20 6

                                                                                                                                   20 7

                                                                                                                                   20 7

                                                                                                                                   20 7

                                                                                                                                   20 7

                                                                                                                                          7
                                                                                                                                         5
                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0

                                                                                                                                       /0
                                                                                                                                      /0
                                                                                                                                     09

                                                                                                                                     10

                                                                                                                                     11

                                                                                                                                     12

                                                                                                                                     08

                                                                                                                                     09

                                                                                                                                     10

                                                                                                                                     11

                                                                                                                                     12

                                                                                                                                     08

                                                                                                                                     09

                                                                                                                                     10

                                                                                                                                     11

                                                                                                                                     12
                                               Year of Delivery                                                                   20
                                                                                                                                    08

                                                                                                                                                     *Delivery Year/Buying Year




                                                                                                                                                                                                   9
Geothermal in Iceland
Geothermal in the world
Company overview




                          10
GEYSIR’S OBJECTIVE


Geysir’
Geysir’s objective is:                      Project Focus:
 — To be one of the largest geothermal       — High temperature:
   investment companies in the world                  Electricity generation
 — To create value for its shareholders      — Low temperature:
   and be a interesting investment                    Direct use
   option for new shareholders
                                                      Electricity generation-
 — To utilize the expertise of Icelanders             binary units
   within the sector
                                            Current pipeline:
                                             —   Exploration / Drilling
                                             —   Development
                                             —   Construction
                                             —   Operation


                                                                                11
12

				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:15
posted:6/2/2010
language:English
pages:12