series a capital elexsys is an ai initial market focus ......initial market focus • c&i...
TRANSCRIPT
eleXsysTM is an Ai based technology platform that radically speeds up global decarbonisation
Series A Capital Raise $20mInitial Market Focus• C&I Rooftop Solar Farms to replace
coal power stations
• Rural communities with 75% cheaper microgrid clean energy
Private & ConfidentialPLANET ARK POWERPLANET ARK POWER
Fix voltage issues from
rooftop solar
75% cheaper offgrid microgrid
energy
Improves profits for solar & wind
farms
Increases the DER the grid can host by up to 1,300% with no
CAPEX costs to the grid
Cheaper clean microgrid energy for rural communities and the
developing world
Reduce CAPEX + OPEX plus increases revenue for solar &
wind farms
Global scale with SaaS licensing model Become the “Intel Inside®” of the cleantech DER industry
1 2 3
DER = Distributed Energy Resources
Private & Confidential 2
Private & ConfidentialPLANET ARK POWER
Private & ConfidentialPLANET ARK POWER
Excess solar fed into the distribution grid causes voltage instability so the grid imposes “Zero Export” or Solar Curtailment restrictions
Problem: Rooftop solar creates voltage problems on the distributed electricity grid, limiting the amount of rooftop solar that is economically viable to install
3
Acceptable voltage range
Excess voltage = grid instability
Low voltage = power shortage
Voltage peaks due to feed-in of excess solar
Voltage droop due to excess demand
Significant capital spending by the grid is required to upgrade distributed network
Reduces ROI of rooftop solar and batteries
Makes commercial scale rooftop solar, VPP & Microgrids non-bankable
Destroys Virtual Power Plant effectiveness
Prevents P2P trading and Blockchain
Causes social injustice
Solution: eleXsysTM
- an independent, dynamic and distributed voltage management system
Private & ConfidentialPLANET ARK POWER 4
Solar & Wind Farms will have reduced ROI as DER continues to increase
Rooftop solar is used 1st and will push out solar & wind farms in the energy mix. But % of DER is limited on the grid without eleXsysTM!
DER is far cheaper – but the grid limits how much can be installed
• Electricity generated from rooftop solar close to demand is used 1st
• Electricity from distant solar and wind farms is used last
• Solar & wind farms ROI is severely impacted before end of life
• Will cost taxpayers $ Trillions for new HV transmission lines thus increasing the cost of electricity
• In the global sunbelt with 60% of people, 80% of energy can be DER generated locally
• But the distribution grid is one-way – can handle around 15% DER before voltage issues occur
• Higher than 15% DER will cost $ Trillions to upgrade the one-way distribution grid and increases tariffs
• Plus “Electrification of Everything” will add pressure to upgrade the distribution grid …
Solution: eleXsysTM
- an independent, dynamic and distributed voltage management system
Problem: DER vs Solar & Wind Farms
Private & ConfidentialPLANET ARK POWER
eleXsysTM Speeds up Global Decarbonisation
5
Improve solar & wind farm profits
Cheaper offgrid microgrid energy
Fix voltage issues from
rooftop solarFaster decarbonisation of
distribution grid with 1,300% DER increase –no CAPEX $ to the grid
Grid Forming inverter up to 75% cheaper clean energy for rural & developing world
microgrids
Reduce CAPEX + OPEX plus increases
revenue
“Use Case” examples that eleXsysTM facilitates
1a. Replace Coal Power Plants with
Rooftop Solar Farms
1b. Precincts like Ports run
on 100% Clean Energy
1c. Makes rooftop solar a
“Bankable” asset class
1e. Urban PPA’s – excess solar sold to companies
1f. Every roof with solar –
excess creates H2 in suburbs
1g. Cost effective
“Electrification of Everything”
1d. 40% GHG and $ savings
for Data Centers
2a. Offgrid clean energy microgrids at 75% cheaper
2d. Greenfield sites on 100% clean energy
2b. Desalination
viable now for greenhouses
2c. Cheaper EV fast charging
Private & ConfidentialPLANET ARK POWER
But How?
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Patent pending technology we call eleXsysTM
A + B = eleXsysTM
SiC Advanced Digital Device
Full Reactive Power +
Grid Forming
AMore efficient plus 20 to 50 times smaller, less heat and cheaper due to SiC & high frequency. Plus multiple functions in 1 so eliminates multiple devices.
Multiple Levels of Ai based SoftwareB
b. Makes batteries viable today for C&I sites without subsidies b.1. Improved solar + battery architecture = less round trip lossesb.2. Discharge battery to eliminate demand peaks to save site $b.3. Energy arbitrage earns automated wholesale trading incomeb.4. Auxiliary services earns income supporting the gridb.5. In some jurisdictions – extra income from demand reductionb.6. In some jurisdictions – extra income from grid CAPEX deferral
a. Keeps DER voltage within legal limits at sites with Reactive Power
g. Microgrid District Coordination software: villages and suburbs offgrid
c. Battery Extended Life - up to 15 years from a 10 year battery
d. Demand Reduction at night with no solar and without a battery
e. Power Factor Correction (PFC) & CVR (Conservation Voltage Reduction)
f. Small sites offgrid – cheaper than grid, diesel or current renewables
Digital dSTATCOM Device in eleXsysTM facilitates multifunctional Ai software simultaneously in 1 device
Globally Scalable SaaS Business ModelBecome the Intel Inside ® of the cleantech DER industry
SaaS = Attain a % of the total annual solar and battery revenue the project generates for 10 to 20 years when using eleXsysTM
License eleXsysTM to the DER supply chain globally – Project Developers, Asset Funds, Engineering Companies, Utilities, Electricity Retailers, etc.
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Private & ConfidentialPLANET ARK POWER
eleXsysTM Speeds up Global Decarbonisation
8
Improve solar & wind farm profits
Cheaper offgrid microgrid energy
Fix voltage issues from
rooftop solarFaster decarbonisation of
distribution grid with 1,300% DER increase –no CAPEX $ to the grid
Grid Forming inverter up to 75% cheaper clean energy for rural & developing world
microgrids
Reduce CAPEX + OPEX plus increases
revenueInitial Market Focus – Fast track commercialisation of C&I and demo offgrid application
1a. Replace Coal Power Plants with
Rooftop Solar Farms
1b. Precincts like Ports run
on 100% Clean Energy
1c. Makes rooftop solar a
“Bankable” asset class
1e. Urban PPA’s – excess solar sold to
others
1f. Every roof with solar –
excess creates H2 in suburbs
1g. Cost effective
“Electrification of Everything”
1d. 40% $’s and GHG
savings for Data Centers
2a. Offgrid clean energy microgrids at 75% cheaper
2d. Greenfield sites on 100% clean energy
2b. Desalination
viable now for greenhouses
2c. Cheaper EV fast charging
Private & ConfidentialPLANET ARK POWER 9
Global Recognition
Receiving the 2019 Start-up Energy Transition Award from Andreas Kuhlmann, Chief Executive of the German Energy Agency
This technology is game changing –you need to think 100 times bigger
eleXsysTM is revolutionary – it’s as big as the original electrification of the USA 100 years ago. It will change the whole electrical industry.
Christoph Frei, Secretary General & CEO
World Energy Council
Aurecon A Global Engineering Consultancy
An Aurecon report validates that eleXsysTM can manage grid voltage and increase the distribution grid hosting capacity for DER (rooftop solar and VPP batteries) by up to 1,300%
Market Revolution Examples
eleXsys™ grid voltage related solution
01Enables up to 1,300% increase in rooftop solar in a local suburb
10
Private & ConfidentialPLANET ARK POWER
Turn Energy Cost into an Income Stream
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1A
Move solar farms to rooftops school example
Turn $240,000 per year energy bill into a $380,000 per year income stream
Voltage issues = Export Restrictions/Curtailment• Only 250 KW is an economically viable
installation
Full Export with eleXsysTM fixing voltage issue• 1,500 KW is economically viable + 3 MWh battery• With eleXsysTM C&I batteries are viable today
Fig 1 Fig 2
CS Energy – propose to replace coal power station dividends with Rooftop Solar Farms on Gov’t buildings over 15 years at $7.5 Billion in CAPEX to replace Qld Gov’t dividends from coal power of $750M yr
N.B.
Private & ConfidentialPLANET ARK POWER
“IKEA” can replace coal
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1A
1,700 sites: Replaces Yallourn Coal Station by 20301,800 sites: Replaces Callide Coal Station by 2040
• 1.2 MW of rooftop solar plus 3 MWh of VPP batteries • Largest C&I Virtual Power Plant (VPP) in the world
• With eleXsysTM C&I batteries are viable today
• 10% of rooftop solar sold into wholesale grid daily• Most battery energy sold into wholesale grid daily• Owned by a large pension fund as the first of many
• eleXsysTM is creating a new $ Billion asset class
• Voltage issues make income streams variable and DER non bankable
• eleXsysTM fixes the voltage to deliver predicable income streams so investors can invest $B’s into DER
• Pension fund to finance $200m of similar projects • Planet Ark Power attains recurring annual license fees• Stage 2 not viable without eleXsysTM, which is:
• 3 MW solar car park cost effectively added due to eleXsysTM
IKEA in AdelaideUnique $7.5m project not viable without eleXsysTM
Campaign to get ASX 200 onboard to replicate IKEA
Private & ConfidentialPLANET ARK POWER
Precincts like Ports run on Clean Energy
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1B
eleXsysTM creates clean energy precincts with electrical energy flowing in all directions
• Excess rooftop solar, wind energy, tidal energy plus waste to energy, etc. can now be sold to high energy users in the precinct
• Radically reduces energy costs but also goes a long way to decarbonising the port
• Could generate 100% clean energy in the precinct• Plus excess clean energy can generate H2
• Plus decarbonisation of shipping – port becomes an electricity “recharging” station for ships
Replicable across ports globally and other one-way precincts
Precinct with one way electrical energy going
“only” inwards due to voltage issues
Excess rooftop solar cannot be sent to other
buildings in the precinct
So solar is sized for onsite self
consumption, with most of the roof
left empty
Private & ConfidentialPLANET ARK POWER
40% Savings in Data Centers - $ & GHG
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1D
• Data Centers have same carbon footprint as aviation industry
• Data Centers growth is exponential – very significant contributor to Climate Change
• Consume 1/5th of Earth’s power By 2025
• If IT industry can halve carbon emissions in each of the next three decades, helps planet reach net zero by 2050
• The SiC basis of eleXsysTM makes it much smaller, more efficient and less heat
• With eleXsysTM far less floor space, replace multiple power electronic devices with one eleXsysTM unit, reduce HVAC, reduction in battery sizes, etc
Data centres account for 2% of total GHG emissions
In 2016, global data centres used more than Britain’s
total electricity consumption
Replicable across 500,000 Data Centers globally - expected to double in number
Private & ConfidentialPLANET ARK POWER
Urban PPA’s for GW of Clean Energy
15
1E
Corp. PPA
Corporations can purchase Rooftop Solar Farm energy to be Net ZERO
• Corporations globally are rushing to buy clean energy from solar & wind farms
• But that will run out soon - not enough supply & $Trillions for transmission lines
• eleXsysTM can increase DER by up to 1,300% with no CAPEX cost to the grid
• Excess clean energy from rooftops can be purchased as Corporate PPA’s
Multisite businesses can buy excess clean energy between sites for Net ZERO & lower energy costs
Private & ConfidentialPLANET ARK POWER
Every Roof with Solar –create a 2-way grid
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1F
Solar panels on every roof
Not possible without $Billions in distribution grid upgrades and raising prices
Distribution utilities globally set DER limit to 15% of substation equipment rating
With eleXsysTM install DER at up to 200% of the substation equip rating. Plus, onsite use
• Voltage issues will increase as more buildings install rooftop solar
• Higher DER causes inverters to power down and trip off
• Inverter tripping worsens payback (3-year payback becomes 5, 7 or 9 years)
• Only need 5% of buildings with eleXsysTM to fix voltage issues in a whole suburb
• Up to a 1,300% increase in DER with no CAPEX cost to the grid with eleXsysTM
Aurecon report validates 1,300% increase in DER is possible with eleXsysTM
Private & ConfidentialPLANET ARK POWER
Makes “ Electrification of Everything’ viable
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1G
Requires a 4 times increase in multidirectional electrical flow in suburbs
• With current technology the 4 x increase in electricity flow cost $ Trillions globally and significantly increases energy costs
• With eleXsysTM and demand reduction the capital cost should be very minimal and almost no energy price increases
To decarbonise we must electrify everything – from HVAC to transport
Demo eleXsys across a full suburb being organised for Australia, France, Singapore and California