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Current2Current Ltd Looking at energy production from a new perspective “The force of the tide is the biggest natural force in the whole world” Sir Patrick Moore Current2Current.com Contact: brian.barnard@current2current.com Copyright © Current2Current Ltd 2013
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Current2Current Ltd Looking at energy production from a new perspective Copyright © Current2Current Ltd 2013 NET Down-force:- Stability improves with flow Horizontal force acting as a shear force Very small turn- over moment Tidal Energy Converter
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Current2Current Ltd Looking at energy production from a new perspective 3 year funding schedule 201420152016 1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q Copyright © Current2Current Ltd 2013 Ø4m PROTOTYPE (£1 250 000) Ø12m PROTOTYPE (£1 400 000) TESTING (£1 200 000) TESTING (£1 200 000) 1.75m PROTOTYPE TESTING (£135 000) Total Funding Resources to 2017 Total Private Investment £ 1 535 000 +20% CONTINGENCY Total Public Funding £ 3 650 000
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Current2Current Ltd Looking at energy production from a new perspective Production Projection Year 20162017 20182019 20 10 Annual Production 12m TEC4m TEC 30 40 50 3 2 3 8 12 24 20 48 Projected EBITDA 2016£5m 2017£8.25m 2018£20.4m 2019£38.6m Projected profit before Tax 2016£1.65m 2017£2.7m 2018£6.7m 2019£12.7m Copyright © Current2Current Ltd 2013
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Current2Current Ltd Looking at energy production from a new perspective Advisory panel Team make up Current2Current.com Contact: brian.barnard@current2current.com Copyright © Current2Current Ltd 2013
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