Pressure to Green Power™ 2 The Opportunity 3 The Opportunity 4 The Opportunity 5 Typical Gas Letdown Station Aerial View Ground Level View 6 Installation Gas Letdown Generator™ CONFIDENTIAL 7 What is the Technology? Helical Twin Screw Rotors in Casing 8 • • • • Report Date September 6, 2011 “The technical issues with this concept are straightforward engineering.” “Applicability to the DOD: This project has potentially very high applicability to the DOD in a domestic region” “Assuming 10% of the let-down stations are near a facility, ~5.4 GW of power could be available to reduce electrical bills with helical screw technology.” “~13% of the combustion energy available from a combined-cycle gas turbine can be gained.” Recommendation: “…The Air Force should rapidly pursue this technical capability.” 9 The Inventor and Founder Richard K. Langson: Inventor, Founder and Chairman of the Board Mr. Langson has proven his talent as a world class entrepreneur and innovator over four decades in business. LIST OF ACHIEVEMENTS: 2009 Wall Street Journal Technology Innovation Award – Energy 2009 Nevada Entrepreneur of the Year 2008 Popular Science Magazine Best of What's New Award, Green Tech 2007 Geothermal Energy Assn - Best of Show 1993 World Champion IHRA Top Fuel Race Driver CHP The Environmental Protection Agency on Combined Heat and Power: is an integrated energy system that can be modified depending upon the needs of the energy end user. CHP provides: • Onsite generation of power. • Waste-heat recovery for heating, cooling, dehumidifying or process applications. • Seamless system integration of technologies, thermal applications and fuel types into existing infrastructure. 11 12 3 2 1 *Langson CHP- TRI-Generation using (1)expansion, (2) cooling and (3)waste heat recovery 13 Applications • Natural Gas Distribution • Pressure Reduction Stations • Industrial Processes • Pressure Reduction • Refrigeration • Waste Steam • Industries • • • • Metals & Mining Oil & Gas Fertilizer & Chemicals Food Processing 14 State of Florida Incentives •Renewable Energy Production Tax Credit •CHP Sales Tax Exemption •Net Metering •Other federal and local incentives 15 Technology Overview Langson Gas Letdown Generator™ Current Product Range: • 250, 500, 1,000 kW • 5 MW design scheduled for 2013 Low Installed Cost High Reliability Low Operating Cost Parallel installation for > 5 MW 16 Langson Gas Letdown Generator™ vs. Turbines vs. • • • • Utilizes proven, off-the-shelf components Millions of hours of durable performance Much wider operability range than conventional turbines Greater reliability and lower maintenance costs, 17 1 - 5 MW Gas Letdown Generator™ Sizing 19 • Outsourced manufacturers are brand name suppliers • Assembly and testing of systems in Carson City Elite Energy USA Packager 20 • Patents Pending - USPTO & PCT both filed • Contractual Provisions - restricted license and use • Continuous Monitoring of Equipment • Continuous Technology Advancement • Trade Secrets - not all included in patent filings 21 Langson Energy vs. Other Types of Generation Langson Coal Gas Nuclear Solar PV Wind Low Cost Y Y Y Baseload Y Y Y Distributed Y Y Alternative Y Y Y No Carbon Emissions Y Y Y Y Y 22 Installed Price per kW of New Generating Plant vs. Langson Langson Energy Coal/CCS Gas:CC/CCS Nuclear Wind - kW Solar PV -kW Cost per kW (in 000s) 0 1 2 3 4 5 6 7 23 Cost per kWh from New Generating Plant vs. Langson Langson Energy Coal/CCS Gas:CC/CCS Nuclear Wind - kWhe Solar PV -kWhe Cents per kWh 1 2 3 4 5 6 7 8 9 10 11 Solar PV -kWhe Cents per kWh 14 15 16 17 18 19 20 21 22 23 24 25 24 • 24 hour continuous system monitoring • Routine maintenance service • Emergency repair service • Replacement of component parts • Software upgrades • Parts warehousing 25 • Operating Leases • Power Purchase Agreements • Project Joint Ventures with Customers • Equipment and Technology License 26 The Team Don Langson, Vice President, Project Development: Over 40 years in industry Proven Project Management Capabilities Lee N. Palles, Vice President, Business Development Over 30 years’ experience in utility industry, system consulting and auditing. Broad experience in start ups of technology, clinical research and investment management services. Chris Coté: Executive Vice President Experience with sales and marketing in the renewable energy market Experience as a CPA Dr. Ron DiPippo, Senior Engineer: Chancellor Professor Emeritus of Mechanical Engineering and the former Associate Dean of Engineering at the University of Massachusetts Dartmouth (UMD) Foremost world authority and consultant on Geothermal Power Plants Author of 4 major books including, Geothermal Power Plants: Principles, Applications and Case Studies 12 pages of other publications and accomplishments listed at http://www.umassd.edu/engineering/mne/people/faculty/dipippo.cfm Harry Valentine, Research Engineer: Degree in Mechanical Engineering from Carleton University, Ottawa, Canada Extensive research into the field of transportation energy over a period of 20-years and has published numerous technical articles on the subject. • • • • Affordable, baseload green energy CHP with Incentives High reliability No capital cost option 29 Pressure to Green Power™