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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
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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
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The Problem High Energy Costs Wasted energy (via heat)
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ECs Solution Harness waste heat streams Produce efficient cooling
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Current Technology Power Generator or Boiler Power Electrical/Radio Equipment Power Air Conditioner Heat Exhaust Atmospher e
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ECs Solution Power Generator or Boiler Power Electrical/Radio Equipment Heat Exhaust EC Air Conditioner The Heat Activated Heat Pump Application
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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
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Background Heat pumps move heat Used in refrigerators, freezers, A/C, etc Heat activated = powered by heat COP = (heat out) / (heat in)
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Example COP savings Total savings: $363.09 Data from Polvis NwNatural bill
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The EC Cycle Patented novel cycle Addition of a recuperator Micro channel component Stand-alone power
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Why this is important Waste heat utilization Green benefit 30% more efficient
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Product Description
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Customer Profiles 50% of site electricity goes towards refrigeration. -- Bruce Packing Co, Woodburn, OR
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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
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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
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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
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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
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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 Boiler @ 80% efficiency = $41,800/yr of wasted heat COP of 1.0, offset chiller to $18,300/yr Saves $58,000/yr!
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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
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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
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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!
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Financials Break even @ year 2 EBIT $204,750 Assuming 100 units sold @ $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
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Timeline 4 Years 4 more years of OSU R&D Army funded @ $120,000 per year 20072008200920102011 Field Test Prototype Achieve COP of.85 Achieve COP of 1.0 Field Test Military Prototype Spin Out EC C0mpany 201220132014 Deliver First Military Order Deliver 1 Industrial System Financial Break-Even Point
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Timeline 6 mos Spin-out EC Company 6 months of Marketing Research/R&D 20072008200920102011 Field Test Prototype Achieve COP of.85 Achieve COP of 1.0 Field Test Military Prototype Spin Out EC C0mpany 201220132014 Deliver First Military Order Deliver 1 Industrial System Financial Break-Even Point
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Timeline 6 months of field trials/final testing military product Begin development of industrial platform 6 mos 20072008200920102011 Field Test Prototype Achieve COP of.85 Achieve COP of 1.0 Field Test Military Prototype Spin Out EC C0mpany 201220132014 Deliver First Military Order Deliver 1 Industrial System Financial Break-Even Point
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Timeline Deliver first military order (100 units) Deliver first industrial system 20072008200920102011 Field Test Prototype Achieve COP of.85 Achieve COP of 1.0 Field Test Military Prototype 1 Year Spin Out EC C0mpany 201220132014 Deliver First Military Order Deliver 1 Industrial System Financial Break-Even Point
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Timeline Financial break-even point 20072008200920102011 Field Test Prototype Achieve COP of.85 Achieve COP of 1.0 Field Test Military Prototype Spin Out EC C0mpany 1 Year 201220132014 Deliver First Military Order Deliver 1 Industrial System Financial Break-Even Point
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Other considerations There are 46,000 registered boilers in Oregon -- Mike Gramp, State Building Codes Division
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Market Potential
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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
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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
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Potential Issues High cost of final product (250%) Length of remaining research Iraq/Afghanistan
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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
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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
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Final Recap All R&D military funded Product on the way Cut costs Using green technology
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