burt hamner, ceo...
TRANSCRIPT
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1Burt Hamner, CEO www.hydrovolts.com [email protected]
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Billions of people live nearBillions of people live near water channels, yet over a billion have no electricity
Fast water currents have lots of renewable hydrokinetic energyhydrokinetic energy
Hydrokinetic energy is overlooked and untappedpp
2/22
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EffectivePatent‐pending “Flipwing” turbine
Generates renewable energy from water currents
EconomicalCosts less than other renewables
Typical 5‐year payback
EfficientEasy installation: no dams orEasy installation: no dams or construction
Installed in artificial canals, requiring few or no permitsfew or no permits
3/22
See video at www.youtube.com/hydrovolts
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2010 WATER ENERGY NEXUS WINNER
2009 WINNER
Company Milestones
2007: Founded
Traction
Strong partnerships:
2010: First funded
2010 (late): First sale
2011 (late): Shipping turbines
University of Washington
Woods Hole Oceanographic Institution
Raytheon2011 (late): Shipping turbines
8 full time employees
3 prototypes demonstrated
Harvard
3‐time “Best Investment Opportunity” Winnerp yp
1 utility patent filed, more coming
$1.3M raised from “angels” and
Sales inquiries from 18 countries
4/22
corporations
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Position Name Expertise Highlights
CEO Burt Hamner 30 years in marine,Cl t h & I t’l
USAID; UN; ld kCleantech & Int’l
DevelopmentWorldBank
CFO Michel Goffin 20 years in banking & finance
Atlas Accelerator
COO Mike Layton 15 years in manufacturing and bus development
Practicing attorney
bus. development
Chief Engineer Dr. Paul Curtis 25 years in designing & manufacturing industrial systems
Founder and Principal ofKil‐tel Systems
Engineer Jim Snyder 20 years in engineering design
General Dynamics; Aerojet; REI
Business Development
Brian Williams 26 years in US Navy SAIC; US Navy
5/22
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Floating turbine can generate 50W ‐10 kW
Power to local load or net metering
Anchor Cables
CompactCompact
Modular
ScalableRotor
Scalable
Simple
• Generators attached to turbine unit
6/22
• Generators attached to turbine unit • Floats with adjustable buoyancy in optimal flow
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S b d fSubmerged or surface
Floats in place
Operates in slo c rrentsOperates in slow currents
Easy to make, install, repair
Range of sizes bladesRange of sizes, blades
Submerged generators are “secret sauce”
See video at www.youtube.com/hydrovolts
7/22
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High‐speed channels Spillways and waterfallsHigh speed channels Spillways and waterfalls
8/22Slow steady channels All channels and speeds
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“Class 1” switchblade bi f bl
US Navy Goalturbine for portable micro‐hydropower
targeting 100 watts
80 lb unit
Man portable
June 2011: Produced 20 to 30 watts in canal tests
9/22
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July 2010 Big Turbine Canal Demo: installed in five hoursJuly 2010 Big Turbine Canal Demo: installed in five hours
10/22
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11/22
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Pending sale Aug 2011 to West Sound Utility District Wastewater TreatmentUtility District Wastewater Treatment Plant in Port Orchard, WA
$12 000 custom turbine produces$12,000 custom turbine produces 1 kW/hr @ 80% capacity
Local energy utility providingLocal energy utility providing significant rebate
Oth t t l t ith 10Other wastewater plants with 10x flow have asked for quotes: scalable solution
12/22
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Engineering entities that move waterEngineering entities that move waterN fi h• No fish
• Little debris• Few permits• Predictable water flow• Transmission line proximity• Multiple units per canalMultiple units per canal
Value PropositionValue Proposition• Can sell power – more revenue• Offset existing energy costs• Predictable clean energy
13/22
gy• Source of remote power
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Payback higher where Purchase Price $40,000
y galternatives cost moreTurbine 10 kW
x Capacity 80%= Output 8.00 kW
15 year lifetimeYear 1 2 …Hourly output 8.00 8.00H / 8 760 8 760
US Avg Rate (EIA)
x Hours/yr 8,760 8,760= Annual output 70,080 70,080x Rate ($/kWh) $0.11 $0.11Revenue/hr $7 709 $7 709
Very conservative: Very conservative: Does not include any financing measures (carbon credits;
Revenue/hr $7,709 $7,709‐ Annual O&M ($1,000) ($1,000)= Annual Profit $6,709 $6,709
grants; incentives; etc)
14/22
Payback Period 5.96 years
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Compare Electricity Cost / kWh:
• CA & NE > 16 cents
• UK renewables > 30 cents
• Global average: 17 cents
• Remote sites > 80 cents
Hydrovolts turbines achieve payback in Hydrovolts turbines achieve payback in less than 6 years around the world.less than 6 years around the world.
15/22
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WhenWhen: Sept 2010
WhoWho: $100M USA basedWhoWho: $100M USA‐based engineering firm operating hydropower and canals in India
WhatWhat:WhatWhat:
• $250K for 3 10kW turbines
• LOI for 400 more (10MW) after validation
Chilla Canal
validation
•• 400 @ $50k each = $20M400 @ $50k each = $20M
16/22
Uttarakand, India
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Irrigation Districts in Western US Irrigation Districts in Western US Districts (BUREC min) 400 U bl l il 20Usable canal miles 20 Turbine spacing (/mi) 10 = Total turbines 80 000= Total turbines 80,000 x Avg turbine price $20,000 = Market size= Market size $$1.6 Billion1.6 Billion
17/22Eastern US and International markets even larger
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C l i E I di SE A iCanals in Europe, India, SE Asia
Thermal Power Cooling Water
Wastewater Discharges
Water purification
Mining
MilitaryMilitary
Pipelines
18/22
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Cost Ease Reliability Cleanliness Safetyy y
Diesel
Solar
Wind
Dams
Hydrovolts
Hydrovolts’ micro‐hydropower is the only renewable energy source that is inexpensive, reliable, clean, safe and easy.
19/22
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H d lt
New Energy Ltd
Hydrovolts
Verdant Power
3x Cost
HydroGreen Inc
Switchblade modular solution
Only tidal
y
Only rivers
20/22
Hydrovolts has the only cost‐effective turbine solution specifically designed for man‐made waterways
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Tidal channels should be ignoredNot enough useful powerNot enough useful powerExtreme permitting and stakeholder challenges
Artificial water channelsCanal structures and concrete-lined channelsLarge cooling water or wastewater discharges
Offshore buoys and sensorsOffshore buoys and sensorsUse small turbines to power valuable sensorsSmall turbines can have very high value▪ Good R&D and design application▪ Good R&D and design application
21/22
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N bl t h d bProduct
• New renewable energy tech powered by water
• Drop in to millions of sitesDrop in to millions of sites
Customers• Canal / system owners and operators• Everyone else near fast waterEveryone else near fast water
V l
• Use power locally• Sell excess power to the gridValue Sell excess power to the grid• Make electricity and/or pump water• Create new local economies and jobs
22/22
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Burt Hamner, CEO210 S. Hudson St, #330Seattle WA 98134
C. Hampton McRaePO Box 12901Gainesville FL 32604Seattle, WA 98134
Gainesville, FL [email protected]
23/22