IB_WSHDC-#408210-v1-InnovationScan Submission_ Power Point3

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WWTURBINE
Water Wall Turbine
Tidal Energy for Power and Profit
WWTURBINE
The Problem
The Emerging Tidal Energy Market needs a
disruptive, cost effective technology to become
a major player in Renewable Energy Market
Place
WWTURBINE
Water Wall Turbine Disruptive Technology
Technology
 Highly Efficient 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 turbine floated to the site
 Deep or shallow waters operation
 Bi- or Mono-Directional (Tidal or River Currents)
 International IP patents
WWTURBINE
Market Opportunity
Two important market
segments for WWT:
– Diesel Generation
Displacement
• 200,000 units world wide
for remote communities
– On-Grid Connection
• Predictable clean energy
WWTURBINE
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
WWTURBINE
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
WWTURBINE
Competitive Edge
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)
WWTURBINE
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
WWTURBINE
Team
• Management Team
– Marek Sredzki – Founder
• CEO, Power Plant Engineering & Management
– Lodewyk Botha - Founder
• CTO, Power Plant Design
– Russell Baker
• Business and Marketing Consultant
WWTURBINE
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
WWTURBINE
Asset Highlights
• Disruptive Technology
• Low Cost / High Efficiency Energy
• Large market – Remote and On-Grid
• Matching Government Financing
WWTURBINE
Water Wall Turbine
Tidal Energy for Power and Profit
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