SHEC ENERGY CORPORATION TECHNOLOGY FOR BASE-LOAD SOLAR.

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Presentation transcript:

SHEC ENERGY CORPORATION TECHNOLOGY FOR BASE-LOAD SOLAR

A DECADE OF SOLAR INNOVATION OUR PROVEN SOLAR RECEIVER AND CONCENTRATOR TECHNOLOGIES

1 HP SOLAR PILOT PLANT STEAM ENGINE RUNNING ON SOLAR Video - click on image to play

NEW ULTRA LITE TECHNOLOGY USES AIR PRESSURE AS A STRUCTURAL COMPONENT TO REDUCE SOLAR COLLECTION COST BY 80% AT COMMERCIAL SCALE.

THERMAL STORAGE FOR BASE- LOAD SAND BASED SINGLE TANK STORAGE SYSTEM SAVES 50% IN COSTS OVER MOLTEN SALT SYSTEMS.

UNIQUENESS OF TECHNOLOGY ONLY SHEC ENERGY WITH ITS COST SAVING INNOVATIONS CAN PRODUCE BASE-LOAD POWER AT $0.10 / KWH AT A COMMERCIAL SCALE OF 100 MW OR MORE Video - click on image to play

PROPOSAL In order to de-risk the technology at the commercial scale, we desire to deploy a 1 MW pilot plant. A small scale plant of this size is not economically viable as the economies of scale are not there for a CSP plant. We are seeking Sask Power to fund a 1 MW pilot plant comprising 300 Ultra Lite Solar Arrays. Sask Power would own the plant, but not the technology. In order to de-risk the technology at the commercial scale, we desire to deploy a 1 MW pilot plant. A small scale plant of this size is not economically viable as the economies of scale are not there for a CSP plant. We are seeking Sask Power to fund a 1 MW pilot plant comprising 300 Ultra Lite Solar Arrays. Sask Power would own the plant, but not the technology. The plant would incorporate thermal storage and backup natural gas for 24 hour operation for cloudy days. The plant would incorporate thermal storage and backup natural gas for 24 hour operation for cloudy days. The development and deployment budget is $10 million and will take two years to complete. The development and deployment budget is $10 million and will take two years to complete.

BENEFITS Sask Power and the Province would benefit from this demonstration project in a number of ways. Sask Power and the Province would benefit from this demonstration project in a number of ways. This renewable energy source solves a major problem with renewables, intermittency, requiring conventional power plants as backup. This renewable energy source solves a major problem with renewables, intermittency, requiring conventional power plants as backup. This will be the first demo plant of it kind. The demo plant de- risks the technology at the commercial scale. Commercial plants of 100 MW and larger would provide base-load renewable energy source to the Province. This will be the first demo plant of it kind. The demo plant de- risks the technology at the commercial scale. Commercial plants of 100 MW and larger would provide base-load renewable energy source to the Province. The environmental and employment considerations of this would have benefits for years to come. The environmental and employment considerations of this would have benefits for years to come.

LCOE AT COMMERCIAL SCALE The Levelized Cost of Electricity on a 100 MW plant is estimated to be $0.06 per kWh in California and about $0.10 per kWh in Estevan SK. The sunniest location in Saskatchewan. The Levelized Cost of Electricity on a 100 MW plant is estimated to be $0.06 per kWh in California and about $0.10 per kWh in Estevan SK. The sunniest location in Saskatchewan. Although not as cheap as wind, it is actually cheaper when you consider there is no backup requirement from external base-load plants as these are base- load power plants on there own. A natural gas source provides the heat to the solar boiler for cloudy days. Although not as cheap as wind, it is actually cheaper when you consider there is no backup requirement from external base-load plants as these are base- load power plants on there own. A natural gas source provides the heat to the solar boiler for cloudy days.

CONTACT TRAVIS DYCK, MANAGER TOM BECK, CEO (306) BOX 249, 111 EAST 3RD STREET MILDEN, SK, S0L 2L0