Redefining long-duration storage. Corporate Presentation 1 - - PowerPoint PPT Presentation

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Redefining long-duration storage.

10/Mar/2020

Corporate Presentation

92-0008.5-V31

This presentation contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company, such as final development of a commercial product(s), successful trial or pilot of company technologies, no assurance that commercial sales of any kind actually materialize; no assurance the Company will have sufficient funds to complete product development. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) risks regarding protection of proprietary technology; (iii) the ability of the Company to complete financings; (v) the ability of the Company to develop and market its future product; and (vi) risks regarding government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings. There is no assurance that the DTCR business will provide any benefit to the Company, and no assurance that any proposed new products will be built or proceed. There is no assurance that existing “patent pending” technologies licensed by the Company will receive patent status by regulatory authorities. The Company is not currently selling commercial Energy Storage systems. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and

• ral forward-looking information are based on estimates and opinions of management on the dates they are made and are

expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.

Forward-looking statement

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Disruptive technologies are emerging in the power sector

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What is a Battery?

A device capable of storing electrical energy in the form of chemical energy and convert that energy into electricity.

Batteries

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Why are batteries needed?

Without batteries, solar panels and wind turbines become useless when the sun doesn’t shine, and the wind doesn’t

• blow. Batteries allow to use electricity whenever needed,

not only when it is generated.

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$72M CAD since 2002 20 US patents + 4 pending Extensive network

• f partners

Experienced management team & BoD +280,000 man-hours in R&D

Zinc8 Energy Solutions at a glance

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Introduction to Zinc8 Energy’s technology

The Zinc-Air Flow Battery from Zinc8 Energy Solutions is an energy storage solution designed to serve a wide range of long- duration applications for microgrids and utilities. Our patented design and robust chemistry makes our system the most cost-effective, safest, and most flexible long-duration storage solution. The RFC system has a modular architecture that can be sized from 20 kW to the order of megawatts.

• 3. Whenever power is needed, the zinc particles are delivered to the Power Stack,

recombining them with oxygen to generate electricity. The zinc oxide (ZnO) by-product is returned to the storage tank for later regeneration.

• 1. Power from the grid or renewable source is used to generate zinc particles in the Zinc
• Regenerator. Oxygen is released to the atmosphere as a by-product.
• 2. The zinc particles are flowed to the Storage Tank and maintained in potassium hydroxide

(KOH) electrolyte until required.

How it works

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20 U.S. patents issued and 4 more pending Certifications in process: UL1 973, UL 9540, UL 9540A, NFPA 855, EN-61000 series

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• Durable. Zero capacity fade over extensive lifetime
• Robust. Full discharge cycles. Same performance.

Low cost. The longer the duration requirements, the lower the cost per kWh

• Safe. Non-flammable and non-toxic

Sustainable growth. Stable supply chains for mass manufacturing

Technology advantages

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The how behind the lowest cost for long-duration storage

Cost of raw materials for different battery chemistries

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• 1. Abundant Low-Cost Electrolyte

References:

[1] Tyson, Madeline, Charlie Bloch. Breakthrough Batteries: Powering the Era of Clean Electrification. Rocky Mountain Institute, 2019.

Vanadium Redox

• 2. Energy-Power Decoupling

Lithium-ion

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4-hour system 24-hour system 4-hour system

Fuel tank size + electrolyte New Li-ion stacks

24-hour system

To increase the storage duration:

Comparison of different technologies for a 100-kilowatt battery system

References:

[1] Development of the all‐vanadium redox flow battery for energy storage: a review of technological, financial and policy aspects. G. Kear, A.A. Shah, F.C. Walsh. University of Southampton, UK. April, 2011. [2] Technical Overview Document: Duration Addition to Electricity Storage (DAYS). Advanced Research Projects Agency – Energy (ARPA-E). US Department of Energy. May,2018.

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Capital Cost per installed kWh

$0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 5 10 15 20 25 30 35 40 45 50 $/kWh Storage Duration (hours)

Li-ion Vanadium Redox

We strategically have chosen to target the 8-hour-plus market

$250/kWh $135/kWh 8 hours 20 hours 30 hours $110/kWh 40 hours $95/kWh

By decoupling the linkage between power and energy, and using low-cost, abundant materials,

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system is capable of reducing its capital cost dramatically for longer-duration applications.

Improved Operations

Help optimize operations of diesel or natural gas gensets, reducing wear-and-tear and operating costs.

Peak Management

Reduce grid capacity needs during peak periods.

Load Shifting

Buy and store electricity at off-peak price to sell at peak price.

Curtailment avoidance

Avoid output curtailment at peak generation times and prevent loss of energy production.

Non-Spinning Reserve

Provide fast ramp-rate to meet grid requirement for online dispatch within a short delay of operating reserve.

Back-Up

Maintain grid resilience in the event of an outage.

Renewable Energy Dispatch

Control renewable energy generation according to market needs or at request of power grid operators.

Increase Penetration of Renewables

Store renewable energy production for peak and base load consumption. Generation Distribution Transmission Microgrid

Solutions

Utilities

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✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓

Battery duration portfolio

100% Renewables 50-75% Renewables New York (2040) Oregon (2045) California (2045) New Jersey (2030) Hawaii (2045) Maryland (2030) Washington (2045) Vermont (2032) Maine (2050) New Mexico (2045) Colorado (2050) Washington DC (2032)

States commitments in the US

CONCLUSION: The market needs affordable long-duration batteries!

References:

[1] Tyson, Madeline, Charlie Bloch. Breakthrough Batteries: Powering the Era of Clean Electrification. Rocky Mountain Institute, 2019.

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Why is long-duration so important?

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Contact Information:

Ron MacDonald

CEO ron@zinc8energy.com

Mark Baggio

Business Development mark@zinc8energy.com

zinc8energy.com Thank you

92-0008.5-V31