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Water Wall Turbine. Tidal Energy for Power and Profit. The Problem. The Emerging Tidal Energy Market needs a disruptive, cost effective technology to become a major player in Renewable Energy Market Place. Water Wall Turbine Disruptive Technology. Technology
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Water WallTurbine Tidal Energy for Power and Profit
The Problem The Emerging Tidal Energy Market needs a disruptive, cost effective technology to become a major player in Renewable Energy Market Place
Water Wall Turbine Disruptive Technology • Technology • HighlyEfficient Energy Extraction • Low Installation Costs • Low Energy Production Cost • Absolute Eco- and Bio-friendliness • Construction & Installation Simplicity • No long term effect on Habitats • Scalable 500kW, 1MW, 2MW, 5MW, 10MW • Single or Multiple installations • Float technology channels & accelerates current • Harvests both Potential and Kinetic Energy • Fully assembled turbinefloated to the site • Deep or shallow waters operation • Bi- or Mono-Directional (Tidal or River Currents) • International IP patents
Two important market segments for WWT: Diesel Generation Displacement 200,000 units world wide for remote communities On-Grid Connection Predictable clean energy Market Opportunity
Market Development Plan • Step 1 – First Commercial Site • Remote Private Fishing Lodge • ROI based on diesel displacement • 1 MW Turbine • Step 2 – Other Remote Communities • Based on first installation success • Minimum 2 other units in the area • 1 – 2 MW Turbines • Step 3 – On-Grid Project • Approved on-grid site • 2 MW Turbine • Generate $1 million per year in sales to Utility • Step 4 – International Sales • Develop sales plan / international licensing • Many prospects already awaiting initial results
Product • Product answers the need for low cost, predictable clean energy • Development Status • Detailed design complete • 1:6 scale model ocean testing • Initial site approvals complete • First customer committed based on successful installation systems test
Key competitive edge: Low cost development use of well-established wind components all power train components are surface mounted Low life cycle costs Ease of operation and maintenance on secure floating platform Industry-leading energy extraction efficiency Low cost of electricity (10 -15 cents per kWh) Competitive Edge
Financial Forecast • World Market comprises Tidal and River Streams for either remote power, diesel displacement and on-grid operation in multiple arrays. • With 200,000 commercial diesel units installed world wide, an estimated 1% are near a fast moving current. • Multi-array systems in large tidal areas are expected • From inquiries to-date, an estimate of 20 units with in the first 2 years of operation are expected. • Total units expected over 5 years in excess of 200 units. • At a cost of $2,000,000 per MW produced, the total sales could realistically reach $400 million
Team • Management Team • Marek Sredzki – Founder • CEO, Power Plant Engineering & Management • Lodewyk Botha - Founder • CTO, Power Plant Design • Russell Baker • Business and Marketing Consultant
Milestones • Completed detailed design, site location selection and analysis, ocean testing of 1:6 scale model and approvals for first installation – Spring 2013 • Require final anchoring and power train design, construction to be completed for 1st Quarter 2014. • Deployment and Installation to be completed 2nd Quarter 2014. • Parallel construction of second location to begin during 2nd Quarter 2014
Asset Highlights • Disruptive Technology • Low Cost / High Efficiency Energy • Large market – Remote and On-Grid • Matching Government Financing
Water WallTurbine Tidal Energy for Power and Profit