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Efficient Cooling Presenters: Gregory Beamer, Kathryn Herman, Alex Polvi, Dan Skotte Inventors: Tom Herron, Richard Peterson Mentors: Dan Whitaker, Todd.

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Presentation on theme: "Efficient Cooling Presenters: Gregory Beamer, Kathryn Herman, Alex Polvi, Dan Skotte Inventors: Tom Herron, Richard Peterson Mentors: Dan Whitaker, Todd."— Presentation transcript:

1 Efficient Cooling Presenters: Gregory Beamer, Kathryn Herman, Alex Polvi, Dan Skotte Inventors: Tom Herron, Richard Peterson Mentors: Dan Whitaker, Todd Miller Expander/Compressor Cycle for Heat Activated Heat Pumps

2 Agenda Overview Technology Background EC Overviews Customer Profiles Military Food Processing Commercialization Strategy Spin off Financials Timeline Other Considerations Market Potential Tax Credits Potential Issues Interesting Quotes

3 The Problem High Energy Costs Wasted energy (via heat)

4 ECs Solution Harness waste heat streams Produce efficient cooling

5 Current Technology Power Generator or Boiler Power Electrical/Radio Equipment Power Air Conditioner Heat Exhaust Atmospher e

6 ECs Solution Power Generator or Boiler Power Electrical/Radio Equipment Heat Exhaust EC Air Conditioner The Heat Activated Heat Pump Application

7 Technology Current modeling results indicate that [the] expander/compressor cycle can be more efficient than the absorption cycle system. -- Tom Herron, Co-Inventor, Corvallis, OR

8 Background Heat pumps move heat Used in refrigerators, freezers, A/C, etc Heat activated = powered by heat COP = (heat out) / (heat in)

9 Example COP savings Total savings: $ Data from Polvis NwNatural bill

10 The EC Cycle Patented novel cycle Addition of a recuperator Micro channel component Stand-alone power

11 Why this is important Waste heat utilization Green benefit 30% more efficient

12 Product Description

13 Customer Profiles 50% of site electricity goes towards refrigeration. -- Bruce Packing Co, Woodburn, OR

14 Customer Profile Has an un-used or under-utilized stream of waste heat Boiler with adjacent chiller On-site power generation Expensive energy consumption Fuel cost Mass usage Companies looking to be green

15 Military Application US Army currently funding Mobile command centers 2000 vehicles Current solution 5.1kW, 18,000BTU Gas powered $30-$50/gallon EC Solution 32x28x20 Utilized exhaust Cut gasoline usage

16 Other Military Applications Armys other cooling unit classes Transportation Tanks Personnel Carriers Frontline bases Mobile hospitals Tent command centers Total military demand is estimated at 1,800 MW ~12,000 units 150kW avg

17 Industrial Applications Local food processing plants Oregon Freeze Dryer Meduri Farms Bruce Packing* Rainsweet Inc. Truitt Brothers Norpac Foods* * Have data on current energy usage

18 Case Study: Norpac Foods Food processor 5 processing plants in NW Largest chiller load: Stayton, OR 600hp Carrier Chiller 2000hrs/year at full capacity 2000hrs/year at part capacity 4 boilers totaling 2300hp Analysis Chillers = $74,600/yr Boilers = $209,000/yr 80% efficiency = $41,800/yr of wasted heat COP of 1.0, offset chiller to $18,300/yr Saves $58,000/yr!

19 Other Potential Customers High-end residential Datacenters Pool heating and dehumidification Hospitals Full-service restaurants Unitary absorption replacement Ice rinks Consumer transportation Commercial refrigeration PCs

20 Commercialization Strategy I cant tell you how many times Ive seen a boiler and chiller in the same room. – Ernie Pech, NW Natural Gas, Salem, OR

21 Spin Off: Efficient Cooling Company Name: Efficient Cooling EC Strategy Produce novel component in-house Outsource the assembly of product Objectives Military Command Vehicle Performance sensitive Industrial Food Processing Low volume high margins Scare up competition to buy us!

22 Financials Break year 2 EBIT $204,750 Assuming 100 units $15,000 sale price Requested funding for Year 1 is $1,000,000 Potential receipt of SBIR phase 1 & 2 grant ($540,000) Total investment (w/SBIR) needed $460,000

23 Timeline 4 Years 4 more years of OSU R&D Army $120,000 per year Field Test Prototype Achieve COP of.85 Achieve COP of 1.0 Field Test Military Prototype Spin Out EC C0mpany Deliver First Military Order Deliver 1 Industrial System Financial Break-Even Point

24 Timeline 6 mos Spin-out EC Company 6 months of Marketing Research/R&D Field Test Prototype Achieve COP of.85 Achieve COP of 1.0 Field Test Military Prototype Spin Out EC C0mpany Deliver First Military Order Deliver 1 Industrial System Financial Break-Even Point

25 Timeline 6 months of field trials/final testing military product Begin development of industrial platform 6 mos Field Test Prototype Achieve COP of.85 Achieve COP of 1.0 Field Test Military Prototype Spin Out EC C0mpany Deliver First Military Order Deliver 1 Industrial System Financial Break-Even Point

26 Timeline Deliver first military order (100 units) Deliver first industrial system Field Test Prototype Achieve COP of.85 Achieve COP of 1.0 Field Test Military Prototype 1 Year Spin Out EC C0mpany Deliver First Military Order Deliver 1 Industrial System Financial Break-Even Point

27 Timeline Financial break-even point Field Test Prototype Achieve COP of.85 Achieve COP of 1.0 Field Test Military Prototype Spin Out EC C0mpany 1 Year Deliver First Military Order Deliver 1 Industrial System Financial Break-Even Point

28 Other considerations There are 46,000 registered boilers in Oregon -- Mike Gramp, State Building Codes Division

29 Market Potential

30 Business Energy Tax Credit 35% credit for eligible project cost helps with payback Requirements Existing projects need 10% efficiency improvement New projects need 10% better then energy code or standard energy practice Pacificorp and PGE customers are also eligible for additional Energy Trust credit

31 Case Study Part 2: Norpac + Credit Project: Swap out current system Est. cost: $500,000 Efficiency improvement: 30% Tax credit: $70,000 savings assuming 40% tax Yearly ROI: $58,000 Payback after 7.5 years

32 Potential Issues High cost of final product (250%) Length of remaining research Iraq/Afghanistan

33 Next Steps… Continue R&D of EC Finish implementation Acquire research grants Demonstrate working technology Prove expected efficiency Field testing Apply for SBIR gap funding

34 Thank you for taking our cold calls! Oregon Dept of Energy Bruce Alfrod State Building Codes Division Mike Gramp NW Natural Gas Ernie Pech Linda Chang Pacific Power Jim Johnson Al Leake Becky Burg Nancy Doe Bruce Packing Paul Duchanteay Norpac Foods Mark Steele Google Josh Betts CJ Hansen Doug Doe "I wish you every success on this project, because it will be super successful!" – Doug Doe, CJ Hansen

35 Final Recap All R&D military funded Product on the way Cut costs Using green technology


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