PluginHwy PHEV2007 Session12 Whitaker.ppt · 2008. 1. 19. · energy density of any battery...

Mission

“The Foundation will act as the primary catalyst

in building a sustainable development technology

infrastructure in Canada.”

2

Governance

• SDTC began operations in November of 2001

• Registered as a not-for-profit, non-share capital corporation under the Registered as a not for profit, non share capital corporation under the Canada Business Corporations Act

• Operates as an arm’s length independent organization

• Funding allocation of $1.05B from Government of Canada

• Accountable to Parliament through the Minister of Natural Resources

• 15 Directors on the Board, 7 appointed by Canada

• Member Council (15) – proxy for shareholders

• International recognition for this Canadian initiative

3

Mandate

• SDTC is a policy instrument of the Government of Canada to deliver environmental and economic benefits to Canadians.

• As a delivery agent, we foster the development and demonstration of technological solutions that address:

Clean Air;• Clean Air;• Climate Change; • Clean Water;• Clean Land;

f l• Biofuels.

• Forge innovative partnerships and build a SD technology infrastructure.

• Ensure timely diffusion - increase number and rate of uptake of technologies into the marketplace across Canada, providing national benefits.

4

Objectives

• Increase the pool of available sustainable development technologies• Increase the pool of available sustainable development technologies

• Fast track technologies to market

• Build private sector partnerships / leverage funding

• Reduce development, market and financial risk

• Build critical mass of sustainable development technology developers

5

SDTC Funds

SDTC operates two funds:

$550 million SD Tech $500 million NextGen $550 million SD Tech Fund™ was launched on April 4, 2002.

$500 million NextGen Biofuels Fund™ was launched on September 12 2007September 12, 2007.

The funds are complementary and address different gaps in the Innovation Chain

6

Innovation Chain

Sources of Funding

Technology Development and Product Fundamental

ResearchApplied

ResearchTechnology Development and

Demonstration(Pilot to Full Scale)

Commercialization & Market

Development

Market Entry & Market Volume

GovernmentsGovernments

Banks

Venture CapitalVenture Capital

Industry Industry

Angel Investors

7

Public and Private Sector Research in 2005 $27.2B/year (preliminary)

Source: Stats Canada

VC Funding in 2005$1.8B/year

Source: Thomson Financial

Funding Gaps





Development


AppliedResearch

Funding Intensity

PrePre--IPO IPO

GapGapGovernmentsPrePre--

CommercialCommercial

GapGap

Governments

Banks

Venture Capital

Industry Industry

Venture Capital

13 52 60

Angel Investors

61

8

# of energy & environment deals by stage: seed, start-up, other early stage & expansion From 2000 – Q2 2006

Source: Thomson Financial, Oct 2006

Public and Private Sector Research

SD Tech Fund





Development


AppliedResearch

SD TechGovernmentsGovernments

Banks

Venture Capital

Industry Industry

Venture Capital

Angel Investors

9

SD Tech Fund

The purpose of the Fund is to:

• support the late-stage development and pre-commercial demonstration of technology solutions that address climate change, air quality, clean water, and clean soil;

• encourage collaboration between the public and private sector including industry, academia, non-governmental g y gorganizations (NGOs), the financial community and all levels of government ; and,

• ensure the dispersion of clean technologies in relevant p gmarket sectors throughout Canada.

The SD Tech Fund is open for Statements of Interest The SD Tech Fund is open for Statements of Interest twice per year.

10

SD Tech Fund – Funding Allocation Process

H h f li d f d i i Has two phases for applicants and four decision gates

• Phase I – Statement of Interest (SOI) – not too onerous, it is informative and sufficient to assess informative and sufficient to assess

• Phase II – Proposals by Invitation – equivalent to a business plan

• Gate I – SDTC review

• Gate II – technical and business experts

• Gate III – Investment Committee + Project Review Committeej

• Gate IV – Board Approval

Screening CriteriaScreening Criteria

• Technical, Market, Business and Environment

11

Sources of Funding – Capital Intensive Projects


ResearchApplied




Development


GovernmentsGovernments

Banks

Industry Industry

12

Funding Gap – Capital Intensive





Development


AppliedResearch

Funding Intensity

PrePre--IPO IPO

GapGapGovernments High CAPEXHigh CAPEXPrePre--

CommercialCommercial

GapGap

Governments

Banks

gg

GapGap

Industry Industry

13

NextGen Biofuels Fund





Development


AppliedResearch

SD Tech Governments

NextGen BiofuelsGovernments

Banks

Industry Industry

14

Results – SD Tech Fund

• Applications to Date (11 Rounds) Total Eligible Rounds)

• 1,319 applications (>3,900 entities)• $3.00 Billion in funding requests• $12 2 Billion in total project value

Project Costs $949 M

• $12.2 Billion in total project value• 86% industry-led

• Projects Approved (10 Rounds)

SDTC Contribution Leveraged FundingRounds)

• 124 projects• $279 Million from SDTC• $670 Million leveraged from

$279 M (29%) $670 M (71%)

• $670 Million leveraged from consortia members

• $949 Million in total eligible project value Industry Leveraged

FundingOther Funding*

$122 M (18 2%)$548 M (81.8%) $122 M (18.2%)

* Includes funds from federal departments

15

* Includes funds from federal departments, provincial governments and academia

Investment Portfolio– SD Tech Fund

(as of June 30 2007)

SDTC’s current investment in 124 projects totals

SDTC Funding Breakdown by Sector(as of June 30, 2007) p j

$279 million.

Energy Exploration and ProductionEnergy Exploration and Production 27%75,255,689$ Energy Exploration and Production

Industries that convert input resources into electricity

Power Generation 20%55,152,226 $

Industries that engage in resource exploration and extraction

, ,

Power Generation

Industries that move materials and goods between suppliers producers and customers

Transportation 14%38,457,479 $

Industrial, commercial and residential consumers of energy

Energy Utilization 23%64,241,139 $ Energy Utilization

Transportation

Industries that move materials and goods between suppliers, producers and customers

Industries that grow and harvest livestock and plants

4%11,994,904 $

$

Agriculture

6%17 237 021 $ Forestry

Industries that grow, harvest, produce or process timber, wood products or pulp and paper products

$

Industries responsible for the collection, treatment and disposal of waste material

6%16,520,101 $ Waste Management

Industries that grow, harvest, produce or process timber, wood products or pulp and paper products

6%17,237,021 $ Forestry

16

$0 $20M $60M $80M$40M


Energy Exploration and Production

Power Generation

E Utili ti

EEP

PGEEP

EU

Energy Utilization

Transportation

Agriculture

Forestry

Waste Management

EU

T

A

F

WMG

E

Waste ManagementWM

F

PG

EU

A

EEP

A F

P WM

EP

PG

EU

EEP

G

Alberta$23.6M

Manitoba$7.3M

EEP

GEU

T

WEE

T PG

T

M

APG F

PG

A

EEP

PG

EEP

A

F

British Columbia$56 4M

F

WM

M

PG

SDTC Sector Funding by Province

Saskatchewan $20.0M

Quebec$51.0M

NewBrunswick

$2.3MNova Scotia$7.7M

$56.4M

Ontario$110.6M

WM

17

SDTC Sector Funding by Province(as of June 30, 2007)


Leveraged by project partners

SDTC contributionSDTC contribution(Millions of $)

British ColumbiaBritish Columbia

69%

31%

$126.9

$56.4

70%$17 4

70%$117.0

$51 0British ColumbiaBritish Columbia$183.3M$183.3M

AlbertaAlbertaAlbertaAlberta

75%

25%

$72.0

$23.6ManitobaManitoba$24.7M$24.7M

70%

30%

$17.4

$7.3 Quebec$168.0MQuebec$168.0M

30%$51.0

SaskatchewanSaskatchewan$71 4M$71 4MSaskatchewanSaskatchewan$71 4M$71 4M

AlbertaAlberta$95.6M$95.6MAlbertaAlberta$95.6M$95.6M

72%

28%

$51.4

$20.0OntarioOntario$378.1M$378.1M

71%

29%$110.6

$267.5

68%68%$4.8 Nova ScotiaNova Scotia

68%68%

32%32%$7.7

$13.4

Leveraged Financing by Province

$71.4M$71.4M$71.4M$71.4M32%32%$2.3

New BrunswickNew Brunswick$7.1M$7.1M

$21.1M$21.1M

18

Leveraged Financing by Province(as of June 30, 2007)

PHEV Portfolio

• Electrovaya Corp. – Lithium Ion Superpolymer® Battery for Application in Zero-Emissions Commercial Fleet in Zero Emissions Commercial Fleet Vehicles

• Electrovaya Corp. is demonstrating its patented Lithium Ion SuperPolymer® battery system for zero-emission battery-operated electric vehicles in zero emission battery operated electric vehicles in commercial fleet operations. Electrovaya’s award-winning battery technology delivers the highest energy density of any battery technology on the market today, enabling electric and hybrid-electric vehicles to operate cleanly over a long range.p y g g

• Consortium MembersElectrovaya Corp.Unicell LimitedSouthWestern Energy Inc.H lt Hill H d IHalton Hills Hydro Inc.Purolator Courier Limited

19

PHEV Portfolio (cont.)

• Unicell Limited - Lightweight Electric Urban Delivery Vehicle

• Unicell Ltd. and its consortium partners will demonstrate the environmental benefits and operational advantages of an all-electric, lightweight composite monocoque urban delivery vehicle in typical Canadian operating conditions. yp p gThe demonstration involves putting a small fleet of the vehicles into commercial use with Purolator Courier in Toronto and other cities across the country. These vehicles will replace conventional gasoline-powered delivery vans, eliminating on-street emissions and reducing greenhouse gas street emissions and reducing greenhouse gas emissions by more than 80 per cent. These vehicles will have twice the useful life of conventional vans, leading to further environmental and economic advantages. The project also seeks to demonstrate that couriers using the vehicle will be more that couriers using the vehicle will be more productive in their route activities, leading to substantial savings for their operators.

• Consortium MembersUnicell Ltd.ArvinMeritor Inc.Battery Engineering and Test Services, Inc.Bodycote Material TestingElectrovaya Inc.PMG Technologies Inc.Purolator Courier Ltd

20

Purolator Courier Ltd.Southwestern EnergyTransportation Development Centre


• Advanced Lithium Power Inc. - HEV Battery Packs

• Automotive manufacturers have identified advanced Lithium-ion batteries as a strong technology of choice for hybrid electric vehicles and plug-in hybrid electric vehicles. Lithium-ion batteries have twice the energy and power density of current nickel-gy p ymetal hydride batteries, half the size and weight, and are expected to be lower cost. Advanced Lithium has developed and integrated a complete lithium-ion battery system into a current model hybrid vehicle. This project is intended to advance the company’s existing prototype battery results by the company’s existing prototype battery results by building, testing, and demonstrating a production-ready battery pack to automotive manufacturers.

• Consortium Members:Advanced Lithium Power IncAdvanced Lithium Power Inc.,E-One Moli Energy (Canada) Limited,Quantum Fuel Systems Technologies Worldwide, Inc.

21


• TM4 inc. – Electric All Wheel Drive

• A new joint venture of TM4 and Magna Electronics • A new joint venture of TM4 and Magna Electronics Inc. will design, develop and demonstrate a new automotive electric powertrain based on TM4’s high density permanent magnet motor. TM4 has developed a permanent magnet, outer rotor, electric motor technology, power electronics and

l h l h h ll blcontrol technologies which will enable car manufacturers to offer superior gasoline-electric hybrid technology. Magna’s experience in producing quality automotive products at the lowest possible price will enable large automotive OEMs to integrate this Electric All Wheel Drive system on integrate this Electric All Wheel Drive system on existing platform. The E AWD system will use stored electric energy to send torque and power to the rear wheels from standstill, through vehicle acceleration and whenever more torque or traction is required. The E AWD system will recharge the q y gbattery pack through regenerative braking and during coasting. It will be able to operate in ZEV mode (Zero Emissions Vehicle) under limited load conditions.

C i M b• Consortium Members:TM4 inc.Magna Electronics

22

For more Information:

Sustainable Development Technology Canada

45 O’C St t S it 185045 O’Connor Street, Suite 1850

Ottawa, Ontario K1P 1A4

www.sdtc.ca

23

Transportation Projects in Context

Off-Road / Industrial Automotive Class 6-8

Trucking Air Marine Rail

Cellex Dofasco Westport Pratt & Whitney MA/Turbo Railpower

Hydrogenics Nanox NanoxChinook Mobile Heating & De-

icingGeneral Electric

SOE Electrovaya MA/Turbo

N i i EI DNetistix EI DupontAdvanced Lithium

Power Unicell

Sacre-Davey Dynamic SystemsSystems

TM4 NxtGenEffenco

Power Train / Systems (engine, transmission, hybrid drive, etc.)

Alternate Fuel

Lightweighting

Enabling Technology / Emissions Controls

24

PHEV

PluginHwy PHEV2007 Session12 Whitaker.ppt · 2008. 1. 19. · energy density of any battery...

Documents

Transcript of PluginHwy PHEV2007 Session12 Whitaker.ppt · 2008. 1. 19. · energy density of any battery...