Air Fuel Synthesis
Cleantech Investor Future Transport Challenge
Carbon-neutral liquid fuels
Peter Harrison Chief Executive
Air Fuel Synthesis
www.afsfuels.com 1
Air Fuel Synthesis
www.afsfuels.com 2
AFS is seeking £5m investment to construct its first commercial facility with a project IRR potential of 15%, in return for which equity is available
A scalable investment opportunity
Air Fuel Synthesis Renewable energy to liquid fuels
AFS delivers carbon-neutral liquid fuels from renewable sources anywhere…
Putting renewable electricity into your tank
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Air Fuel Synthesis Experienced, capable team
Brian Sykes Co Secretary
Dr David Benton Founder
Dr John Barton Founder
Prof Tony Marmont, Founder
Graham Truscott Marketing
Stephen Burwood Finance
David Still CBE Chairman
Peter Harrison, CEO & Founder
Monique Purdy
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Dr Bob Jennings Technology
Air Fuel Synthesis Market opportunities
High volume energy storage and balancing.
Specialist uses for renewable methanol and petrol.
Integration with thermal and bio energy projects.
A synthetic replacement for fossil fuel.
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Petrol from electricity
Air Fuel Synthesis
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Market scalability
General transport fuels
Time
Niche markets for clean, synthetic carbon-neutral fuels
Energy storage and balancing
Air Fuel Synthesis
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Market scalability
Time
Air Fuel Synthesis The AFS process
Core technologies:
Fuel reactor systems
System integration
IP based on CO2
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Air Fuel Synthesis The concept is proven
Methanol and petrol from CO2, H2 and electricity
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Air Fuel Synthesis Product
Synthetic replacement for fossil fuels.
Direct substitute for existing liquid transport fuels.
Carbon-neutral.
Can be produced as methanol, diesel, petrol, jet fuel, and on to plastics and chemicals to suit market conditions.
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Air Fuel Synthesis AFS business strategy
Develop and prove technology in demonstrator (through 2012)
Pilot phase – 1 tonne per day
Partner/joint-venture specific opportunities
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Air Fuel Synthesis Initial niche markets
1. Operate/own small/medium scale fuel synthesis demonstrator plants (provide fixed direct energy cost for 25 years).
2. Capture surplus renewable electricity (especially where stranded) 3. Island communities 4. Applications, eg, distribution centres, motorsports, where carbon-neutral
and/or energy security adds a premium
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Air Fuel Synthesis 1st Initial niche market
Focus on establishing cash flow
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Renewable fuel blends for motor racing
Cleaner than fossil fuels.
Carbon-neutral
“Drop in” blend
Premium pricing
Air Fuel Synthesis
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£
Time
Oil price
AFS cost
Niche Refinery
Advantage of fixed cost base
Air Fuel Synthesis AFS: the company
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Experienced, capable team Sound business strategy Strong ethical culture and approach Commercially sustainable business Developing intellectual property Ambitious – a viable long term future
Air Fuel Synthesis
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£5m Investment highlights
Scalable from container sales up to refinery Very low feedstock costs means increasing margins Not competing against food crops First in market opportunities Cash positive without requiring fiscal support
Air Fuel Synthesis Renewable energy for liquid fuels
Thank you
Peter Harrison Chief Executive Air Fuel Synthesis
www.afsfuels.com
+44 1325 247 910
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[email protected] Twitter: @AFSFuels Facebook: Air Fuel Synthesis