Energy Vault SPAC Presentation Deck slide image

Energy Vault SPAC Presentation Deck

The Global Energy Transition Has Significant Momentum from Society, Investors, Corporations and Governments Investor Demand J.P. Morgan Citi Goldman Sachs ...by 2030, to finance and facilitate $2.5T to address climate change and advance sustainable development Morgan Stanley ...$750Bn worth of spending on low-carbon solutions by 2030 BlackRock ...committing $1T to sustainable finance by 2030 ...$750 billion over the next 10 years for climate transition and inclusive growth finance ...recently closed $4.8bn Global Renewable Power Fund III which invests in global climate infrastructure assets ✓ U.S. has rejoined Paris Climate Accord and pledged to cut greenhouse emissions 50% by 2030 ✓ European Commission strives to be climate-neutral by 2050 China commits to decreasing coal consumption (implying peak coal use in 2025) and aims to achieve net-zero carbon emissions by 2060 Japan pledges to be carbon neutral by 2050 Regulation / Spending ENERGY VAULT Novus Capital Corporation II ESG Focus on Sustainability ENERGY VAULT Global Gov. Action Economics Compelling ENERGY VAULT, INC. ALL RIGHTS RESERVED Microsoft By 2050, remove all the carbon emitted since 1975 Shell Net zero carbon emissions by 2050 $68.71 Combustion Turbine Alphabet Power its data centers using carbon-free electricity Corporate Demand $39.54 Brookfield $50-$100 billion in new funds focused on sustainability Walmart Net zero carbon emissions by 2040 More renewable energy creates more intermittency in the grid, increasing the need for energy storage $36.61 United Airlines Reducing greenhouse gas emissions 100% by 2050 $34.10 Hydroelectric Combined Cycle Onshore Wind $32.80 ∞ Solar Photovoltaic Economics ($ per MWh) Enabling a Renewable World
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