1. Green Aruba and the Changing Energy Industry October 22, 2014

2. THE TIME FOR SUBSIDIZED CLEANTECH IS OVER 2

3. 3 LONG TERM WORLD ENERGY DEMAND IS EXPLODING WE NEED CHEAPER RENEWABLES AND CLEANER HYDROCARBONS Oil

4. CHRYSALIX FOCUS: RENEWABLES & EFFICIENCY PLAYS 4

5. 5 ISLANDS CAN BE PILOTS ON THE WAY TO THE GREEN ECONOMY Benefit from adoption of new technologies Reduce reliance on imported fuels Provide residents with reliable power Lower carbon emissions Keep money and jobs in the local economy 5

6. 6 EL HIERRO, THE FIRST 100% GREEN ISLAND 11 MW of Windmills 1 PHS 1 Desalinization Plant = -26k CO2 tons/year -40k Barrels Oil/year

7. 7 HAWAII, THE US ISLAND LABORATORY  40% renewable energy by 2030; up from 18% in 2013  30% energy efficiency reductions by 2030  Electricity prices are 200 to 300% more expensive than in the rest of the US due to diesel generation dependence SOURCE: energy.Hawaii.gov

8. HOW WILL ARUBA WALK DOWN THE GREEN CURVE? Recent trend in energy mix by fuel type and CO 2 emissions on Aruba % and tonnes CO 2 per year SOURCE: WEB presentation at GreenAruba 2013 conference ? 8

9. HOW GREEN WILL ARUBA BE? AND WHEN? 9 Energy Efficiency Renewable Energy Thermal Assets Modernization StorageGrid Modernization Electric Vehicle

10. THE 80 – 20 RULE WILL APPLY 10

11. WHAT IF THERE IS NO BALANCED APPROACH? 11 FINANCIAL Ample access to capital ENERGY Stable, secure and affordable supply CLIMATE CO2 free

12. IF THERE IS NO BALANCE……. 12 ……THE STOOL FALLS OVER

13. Looking to find “Black Swans,” exceptional opportunities and… Help to grow Fortune 500 companies: “Green Elephants”

14. LOW COST, SAFE DISTRIBUTED ENERGY STORAGE SYSTEMS FOR THE GRID www.primuspower.com 2MW EnergyFarm Unit 250kW Module Energy Pod  Flow battery with breakthrough electrodes and flow architecture  MW-scale, multi-hour energy storage solution  Greatest energy density, transportable & inherently safe  $1250/kW @ 4 hours system cost 114

15. BALANCE AND OPTIMIZE THE GRID IN REAL TIME 15  Demand Response  Renewable Firming  Ancillary Services  Virtual Storage @ 50$/kWh www.enbala.com

16. SOLAR FOR DESALINIZATION  Efficient steam generation and renewable energy for desalinization www.glasspoint.com 16

17. 17 Albert Einstein “We can't solve problems by using the same kind of thinking we used when we created them.”

18. FOR FURTHER INFORMATION Wal van Lierop - President & CEO Chrysalix Energy Venture Capital Vancouver, Canada (604) 659-5470 wvlierop@chrysalix.com www.chrysalixevc.com 18