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Achieving Reliable, Clean and Cost Effective Energy through Virtual Power Plants July 2011

Achieving Reliable, Clean and Cost Effective Energy through Virtual Power Plants July 2011. Large energy users that ignore the full market value of their energy resources leave money on the table. $. Sell energy.

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Achieving Reliable, Clean and Cost Effective Energy through Virtual Power Plants July 2011

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  1. Achieving Reliable, Clean and Cost Effective Energy through Virtual Power Plants July 2011

  2. Large energy users that ignore the full market value of their energy resources leave money on the table $ Sell energy The stored value of a company’s “virtual resources” is roughly twice that achievable through reduced supply cost and usage savings $ Use energy $ Buy energy $ Price Savings Procure it at lowest possible cost Usage Savings Reduce or shift usage to maximize bill savings Resource Revenue Sell resources optimally to maximize revenue

  3. Viridity Energy: Key FactsIndustry, market, technology and business experience to transform the power/energy industry: • Founded in 2008 • Leadership team substantial experience in power grid and market operations and power system system technologies • Focus on large energy users, e.g – universities, hospitals, commercial buildings, transit agencies, water utilities, industrial sites and military/government Corporate Objective: Assist clients to minimize electric power expenses by maximizing the opportunities to use their energy assets to reduce supply costs by converting controllable load, storage and distributed generation into fully dispatchable virtual power plants. (DR ++)

  4. Industry, market, technology and business experience to transform the power/energy industry: Viridity Executive Team • Audrey Zibelman – Chairman, President and CEO • (former COO of PJM, LLC; Vice President, Xcel Energy) • Alain Steven – EVP and CTO • (former CTO PJM, LLC; President and CEO Alstom ESCA Corporation) • Ken Laughlin – SVP of Operations • (former VP Markets, PJM) • Brett Perlman– Texas Region • (former Commissioner, Texas Public Utility Commission) Confidential

  5. Virtual Power require a “central nervous system” to direct the operations of controllable load and distributed resources The resources appear to the utility and system operators as a “virtual generator” that is integrated into the dispatch Viridity Energy’s VPower™ system integrates and optimizes customer distributed energy resources VPower™ Distributed Generation Distributed Storage Controllable Loads Distributed Resources © 2011 Viridity Energy Inc. All Rights Reserved

  6. Microgrid Development: University of California San Diego – RESCO - Summary UC San Diego operates a 42 MW microgrid with a widely diverse portfolio of distributed energy resources UC San Diego Campus • With a daily population of over 45,000, UC San Diego is the size and complexity of a small city • 11 million sq. ft. of buildings, $250M/yr of building growth • Self generates 82% of annual demand • 30 MW Natural Gas Cogeneration plant • 2.8 MW of Fuel Cells contracted • 1.2 MW of Photovoltaic Solar panels installed, additional 2 MW planned • 20 Nissan Leaf Vehicles • Viridity/EDSA co-optimize the campus buildings and distributed resources, taking into account static and dynamic voltage stability constraints on the microgrid UC San Diego Grid Imports, 2007 © 2011 Viridity Energy Inc. All Rights Reserved

  7. Viridity Energy provides users the opportunity to manage costs and environmental impacts while increasing reliability and security © 2011 Viridity Energy Inc. All Rights Reserved

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