Green Aruba and the Changing Energy Industry
October 22, 2014
THE TIME FOR SUBSIDIZED CLEANTECH IS OVER
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LONG TERM WORLD ENERGY DEMAND IS EXPLODING
WE NEED CHEAPER RENEWABLES AND CLEANER HYDROCARBONS
Oil
3
CHRYSALIX FOCUS: RENEWABLES & EFFICIENCY PLAYS
4
ISLANDS CAN BE PILOTS ON THE WAY TO THE
GREEN ECONOMY
Benefit from adoption of new technologies
Reduce reliance on imported fuels
Provide residents
with reliable power
Lower carbon emissions
Keep money and jobs in the local economy
5
EL HIERRO, THE FIRST 100% GREEN ISLAND
11 MW of Windmills
1 PHS
1 Desalinization
Plant
=
- 26k CO2 tons/year
- 40k Barrels Oil/year
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HAWAII, THE US ISLAND LABORATORY



40% renewable energy by 2030; up from 18% in 2013
30% energy efficiency reductions by 2030
Electricity prices are 200 to 300% more expensive than in
the rest of the US due to diesel generation dependence
SOURCE: energy.Hawaii.gov 7
HOW WILL ARUBA WALK DOWN THE GREEN
CURVE?
Recent trend in energy mix by fuel type and CO2 emissions on Aruba
% and tonnes CO2 per year
100%
2744
2397
?
1825
50%
936
0%
0
2008
2010
NG
2012
HFO
>2015
Renewable
CO2 (TPD)
SOURCE: WEB presentation at GreenAruba 2013 conference
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HOW GREEN WILL ARUBA BE? AND WHEN?
Energy
Efficiency
Renewable
Energy
Thermal Assets
Modernization
Storage
Grid
Modernization
Electric Vehicle
9
THE 80 – 20 RULE WILL APPLY
10
WHAT IF THERE IS NO BALANCED
APPROACH?
FINANCIAL
Ample access to
capital
CLIMATE
CO2 free
ENERGY
Stable, secure and affordable supply
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IF THERE IS NO BALANCE…….
……THE STOOL FALLS OVER
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Looking to find “Black Swans,”
exceptional opportunities and…
Help to grow Fortune 500 companies:
“Green Elephants”
LOW COST, SAFE DISTRIBUTED ENERGY
STORAGE SYSTEMS FOR THE GRID
 Flow battery with breakthrough
electrodes and flow architecture
 MW-scale, multi-hour energy
storage solution
 Greatest energy density,
transportable & inherently safe
 $1250/kW @ 4 hours system
cost
250kW Module
Energy Pod
2MW
EnergyFarm
Unit
www.primuspower.com
114
BALANCE AND OPTIMIZE
THE GRID IN REAL TIME
 Demand Response
 Renewable Firming
 Ancillary Services
 Virtual Storage @
50$/kWh
www.enbala.com
15
SOLAR FOR DESALINIZATION
 Efficient steam generation and renewable energy for desalinization
www.glasspoint.com
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“We can't solve problems
by using the same kind
of thinking we used
when we created them.”
Albert Einstein
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FOR
FURTHER
INFORMATION
Wal van Lierop - President & CEO
Chrysalix Energy Venture Capital
Vancouver, Canada
(604) 659-5470
wvlierop@chrysalix.com
www.chrysalixevc.com
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