Offshore Energy IntegrationWorkshop October 30 th 15.00 17.00pm. - - PowerPoint PPT Presentation

Confidential

Offshore Energy IntegrationWorkshop

October 30th 15.00 – 17.00pm. P&J Live, Aberdeen

Trade Mark and Copywrite property of Indigo TiGRE Ltd Confidential

June 2018 Confidential

TiGRE: Transition to integrated Gas and Renewable Energy

Trade Mark and Copywrite property of Indigo TiGRE Ltd Confidential

Confidential

The TiGRE concept

An opportunity to monetise the value of gas in the field by generating power

• ffshore and transporting it to market via existing electricity transmission
• infrastructure. The TiGRE™ Group has developed proprietary IP based on

extracting maximum arbitraged value from the power markets when integrated with offshore gas operations. The key benefits of TiGRE are: ➢ Utilise readily accessible indigenous resources and pre-invested infrastructure to create low carbon baseload power generation that makes a material contribution to transition of the UK to a zero- carbon economy by 2050; ➢ Help deliver the OGA’s primary objective of Maximizing Economic Recovery of UKCS oil & gas; ➢ To provide alternative monetisation opportunities for small new discoveries and mature gas fields, maximising economic recovery of gas reserves beyond 2030 while improving the economics of SNS gas production infrastructure to both increase and extend gas production and to bring significant added value to the UK economy by deferring the fiscal impact of decommissioning; and ➢ A cost reduction opportunity for offshore wind by bringing more efficient utilisation of capital investment in transmission infrastructure and helping offshore windfarms to become firm, flexible and dispatchable baseload.

June 2018 Confidential

Trade Mark and Copywrite property of Indigo TiGRE Ltd

TiGRE Strategic and Commercial Value Add

Gas field operators:

• Alternative route to market when

marginal cost of gas production becomes sub economic therefore extending gas production from mature fields in SNS

• Deferral of the fiscal impact of

decommissioning

• Tax efficiency
• Reduced cost of power supply to

gas platforms removing the requirement for in situ generation

• Increase booked gas reserves by

around 15%

• Alignment with the OGA’s mandate

to deliver MER for the UKCS Wind farm operators:

• Balancing power availability at

point of NG connection

• More efficient use of

transmission infrastructure, reducing net use of system charges

• Lower cost of operations and

maintenance through shared services agreements

• Opportunity to achieve

continuous cost reductions and reducing LCOE UK Plc:

• More efficient use of

transmission infrastructure, reducing the net cost of electricity and gas to UK consumers

• Alignment with the OGA’s

mandate to deliver MER for the UKCS

• Extending the life of indigenous

natural gas resources and reducing reliance on imports

• Reduced exposure to

decommissioning liabilities

• Opportunity for a transitional

energy solution CROSS INDUSTRY COLLABORATION AND ALIGNMENT WITH GOVERNMENT POLICIES AND PRIORITIES

Confidential