2016 Clean Energy Trust Challenge - Silver High Energy

18
Silver High Energy TM James Woods CEO/Founder, CISA, ITIL-PPO

Transcript of 2016 Clean Energy Trust Challenge - Silver High Energy

Page 1: 2016 Clean Energy Trust Challenge - Silver High Energy

Silver High Energy TM

James Woods CEO/Founder, CISA, ITIL-PPO

Page 2: 2016 Clean Energy Trust Challenge - Silver High Energy

o Introductiono Business Modelo Space Solar Powero Climate Changeo Competitiono Solutiono Energy Marketo Phaseso Key Partnerso Cost Visualizationo Revenueo Revenue & Tax Creditso Gross Margino kWh Soldo Appendix

Contents

Page 3: 2016 Clean Energy Trust Challenge - Silver High Energy

o Sole-Proprietorship created in 2013o Green energy company of the futureo Key to reducing greenhouse gas emissionso Space Solar Power – Magnetic Interlocking Nanosatellite

Array (SSP-MINA) design concepto Holds Intellectual Property including Utility Patent under

review with USPTO and Registered Copyrighto Presented research on concept/idea to IEEE PIMRC 2014,

Central Illinois Angels, and Institute for Entrepreneurial Studies for both Bradley University and University of Illinois at Chicago

o Led MBA student team under Business Growth Program at University of Illinois at Chicago to complete Market Analysis and Feasibility Study

Introduction

Silver High Energy TM

Page 4: 2016 Clean Energy Trust Challenge - Silver High Energy

o My company plans to verify, validate, explore, and produce microwave energy from Space as an alternative energy commodity in order to:

o Generate and sell microwave energy directly to an intermediary third-party consumer and some end-user consumers may be required to purchase their own equipment.

o Offer service options to end-user consumers to resell, rollover or divert their electricity back through an intermediary or third-party; these options will require adjusting the energy generated by my company in return for credit or other benefit.

Business Model

Revenue Streams

Page 5: 2016 Clean Energy Trust Challenge - Silver High Energy

Green Energy of the Futureo Space Solar Power (SSP) systems demand two main

components: wireless power transfer (WPT), usually via an orbiting satellite; and, a ground station, usually a large receiving antenna (a.k.a. rectifying antenna (rectenna) or utility grid station). WPT components are made up of these elements: (a) solar cells for harvesting the sun’s energy as direct current (DC); (b) amplifier or oscillator to convert DC into microwave energy; and, (c) antenna to transmit or radiate microwave energy from space to a ground station.

o All WPT components are COTS available, but my company would like to make them smaller, 3D-printable, and customized for nanosatellites.

Space Solar Power

Page 6: 2016 Clean Energy Trust Challenge - Silver High Energy

Scant Gains Made on CO2 Emissionso Did you know "The world has made almost no

progress over the past 20 years in reducing the carbon content of its energy supplies, despite over $2 trillion of investment into renewable-energy projects such as wind and solar power.“ [International Energy Agency statement, WSJ; 2013]

o “Space solar power can take advantage of our current and historic investment in aerospace expertise to expand employment opportunities in solving the difficult problems of energy security and climate change.” [National Space Society; 2015]

Climate Change

What about Space Solar Power?

Page 7: 2016 Clean Energy Trust Challenge - Silver High Energy

Primarily Academic o Academic includes several Low Earth Orbit (LEO) WPT

concept designs:• NASA, PII. S0094-5765(01)00167-9, 1999• LLNL, LLNL-TR-412782, May 2009• NASA NAIC Phase I Project, September 2012

o Exception is Japanese Aerospace Exploration Agency (JAXA) with investment greater than $20B to deliver SSP within 25 years.

o All of the above concept designs are monolithic structures with limited modularity and control. Additionally, the microwave frequency choice is commonly in the S-band or C-band (2-5 GHz) which interfere with existing wireless technologies.

Competition

Page 8: 2016 Clean Energy Trust Challenge - Silver High Energy

SSP-MINAo My concept/idea Space Solar Power – Magnetic

Interlocking Nanosatellite Array (SSP-MINA) was designed with modularity and control in mind. Nanosatellites provide a low-cost entry to Space without requiring separate infrastructure for deployment.

o Additionally, this alternative scheme may provide for delivery of gigawatts of power from LEO to a ground station by utilizing a unique, unpopulated microwave frequency in the Ku-band to avoid interference with competing wireless technologies.

Solution

Page 9: 2016 Clean Energy Trust Challenge - Silver High Energy

Percentage of Market Share of U.S. energy market to Capture

o 123 M households using 10,908 kWh/yearo Resulting in 1.34 T kWh/year household consumption

o Market Share to capture in MINA phase: <0.5% (0.000745%)

o Market Share to capture in MINA 2 phase: <0.5% (0.003%)

o Market Share to capture in MINA 3 phase: <0.5% (0.0067%)

Energy Market

Page 10: 2016 Clean Energy Trust Challenge - Silver High Energy

Multi-Phased to progressively build and manage costo Phase-0 Engineering Modeling and Simulation; $50Ko Phase-1 PoC

• One nanosatellite; Laboratory; $500Ko Phase-2A Prototype Magnetics

• Two nanosatellites; Orbiting; $3M (including ground segment with rectenna for testing)

• Unit Cost Established; $225K per nanosatellite less regular adjustment for 85% Experience Cost Doubling(dimensions 10cmX10cmX30cm; mass 4kg)

o Phase-2B One Partial Commercial Mini-Array• 575 nanosatellites; Orbiting; $187M (excluding rectenna)

o Phase-3A One Fully Commercial SSP-MINA• 10000 nanosatellites; Orbiting; $1B

Phases

Page 11: 2016 Clean Energy Trust Challenge - Silver High Energy

Connectionso No current Advisory or Management Team;

however, I’ve developed connections with the following key partners whom expressed interest in joint or collaborative agreements.• Fermi National Laboratory• Naval Research Laboratory• Michigan Technological University• University of Illinois at Chicago• National Space Society

Key Partners

Page 12: 2016 Clean Energy Trust Challenge - Silver High Energy

Operational CostRectenna

Deployment

0

200000000

400000000

600000000

800000000

1000000000

1200000000

1400000000

PoC

Prototype Magnetics

Prototype SubArray

Commercilization MINA

Commercialization 2 MINA

Commercialization 3 MINA

Cost Visualization

PoC Prototype Magnetics Prototype SubArray Commercilization MINACommercialization 2 MINA Commercialization 3 MINA

Page 13: 2016 Clean Energy Trust Challenge - Silver High Energy

MINA - 2024MINA 2

MINA 3

0

5000000

10000000

15000000

20000000

25000000

30000000

2,997,63011,990,520

26,978,670

Revenue

Revenue

Page 14: 2016 Clean Energy Trust Challenge - Silver High Energy

MINA MINA 2 MINA 30

100000000200000000300000000400000000500000000600000000700000000800000000900000000

Tax credit Revenue

Revenue & Tax Credit

Page 15: 2016 Clean Energy Trust Challenge - Silver High Energy

Gross Margin

MINA 2 MINA 3 MINA0%

10%20%30%40%50%60%70%80%

24%

62%69%

Potential Gross Margin Commercialization Phase(s) MINA, 2 MINA, 3 MINA WITHOUT

Fixed Cost

Gross Margin Com-mercialization Phase MINA, 2 MINA, 3 MINA

Page 16: 2016 Clean Energy Trust Challenge - Silver High Energy

MINA MINA 2 MINA 30

20000000

40000000

60000000

80000000

100000000

120000000

140000000

kWhs actually soldkWh to be sold in order to break-even

kWh Sold

Page 17: 2016 Clean Energy Trust Challenge - Silver High Energy

Business Growth Assumptions

Appendix

Business Growth Assumptions: Design of Ku-band Shaped Beam Planar

Array for Nano-Satellites Prepared for Illinois Small Business Development Center

UIC Institute for Entrepreneurial Studies By James Woods CEO & Founder, Silver High Energy TM

Business Model Business model should incorporate at least two revenue streams: 1) my company will generate and sell microwave energy directly to an intermediary third-party consumer and some end-user consumers may be required to purchase their own equipment; 2) end-user consumers may demand service options to resell, rollover or divert their electricity back through an intermediary or third-party; these options will require adjusting the energy generated by my company in return for credit or other benefit

General Business Assumptions Energy variables utilized for modeling cannot predict the future and unknown uncertainty will

be introduced Developed models will be used to acquire capital for investment in my business concept, which

is expected to be in the millions of dollars Serious investment risks exist: no sales, family and friends investment exhausted, utility patent

in-progress, sole-proprietor with limited entrepreneurial experience, and rough calculations Despite investment risks, advantages are: no debt, no partners, business concept is well

received by industry experts in the field, provisional patent approved, personal subject matter expertise and related academic education, and more than 15 years career experience in systems

Capital investment may be raised from a variety of sources: local and federal incentives, grants (SBIR, STTR, FOA…etc.), venture capitalist, or angel investors

Any capital investment will require a management or advisory committee Venture Capital or Angel Investment may require an offer of ownership interest in my company Input data may be leveraged for business models: economic data (e.g. Moody’s Analytics, city-

data, EIA Annual Energy Outlook 2014, and EIA International Energy Outlook 2014), and scientific data (Caltech Submillimeter Observatory, Atmospheric Research Measurement Program, FCC Office of Engineering and Technology, and CubeSat Specifications)

Energy accounting revolves around energy consumption and costs to generate the energy o Green credits (e.g. tax incentives, credits, and rebates) and fiscal stimulus are available o GAAP accounting for green credits and fiscal stimulus fall under ASC 740 o Diagnostic metrics are necessary for continual improvement in cost management

Double-Click to Open

Page 18: 2016 Clean Energy Trust Challenge - Silver High Energy

Thank you!