Investor Presentaiton
Kyoto at a glance
At market break-through with proven technology
1
EUR 1 000 billion market* to
electrify process heat
2
Proven Technology
3
Competitive cost position
KY
At market break-through
with 2 100 MWh in pipeline**
2/3 of industrial energy demand is for heat,
not electricity
90% of industrial heat generation comes
from fossil fuels
Geopolitical situation fuelling the need to
replace existing industrial gas boilers
Serviceable Addressable Market for Kyoto
around 11 200 TWh or EUR 1 000 billion*
Well positioned to be market leading
Potential to become
market leading
Innovative application of proven technology,
storage of energy in molten salt, coupled
with electric heater and steam generator
Relevant patents and world class
engineering competence acquired through
acquisition and organic growth
First mover advantage, 1-2 years ahead of
competition
Plug and play solution to replace currently
installed industrial gas boilers to deliver
process heat of 170-525°C
*Based on Aurora report 2021; **Includes customers where a dialogue is initiated, as well as customers in negotiations and under contract
Attractive business case
Competitive thermal storage solution with
2025 targets of LCOS of <20 EUR/MWh heat
output and CAPEX of <40 EUR per kWh
installed storage capacity
Expected EBITDA contribution of 25%
from HaaS Heatcube installation
Solid recurring revenues based on 50%
sales from Heat as a Service (HaaS) with
revenues from 2023 and targeted EBITDA
break-even at latest 2025View entire presentation