Post on 08-Aug-2020
1
REDUCING GHG EMISSIONS.FUNDING A WAY FORWARD.
David Lewin May 23 2014
Funding Clean Technology
• Absolute emissions must be reduced while meeting a growing global demand for energy
• Technology is critical to meeting this challenge
• Patient capital is critical to advance innovative, transformative technology
2
The Need for Clean Technology
• The world’s population and demand for energy are growing
• Fossil fuels will continue to be an important energy source
• Canada has tremendous fossil fuel resources
• We must reduce emissions, even as demand for energy grows
A climate for change
3
The CCEMC Model
• CCEMC is an Alberta based not‐for‐profit corporation with a mandate to establish or participate in funding for initiatives that reduce emissions of greenhouse gases (GHGs) or improve the ability to adapt to climate change
• Enabled through the Government of Alberta’s regulatory approach
• Funded by Industry
Strategic Investment Areas
$21,442,331
$37,748,236
$54,749,066
$97,959,717
Total CCEMC clean tech commitments after Round 7($211.9 million)
CCS (9 projects)
Energy Efficiency (14 projects)
Greening Fossil Fuels (9 projects)
Renewables (18 projects)
4
ESEIEH• electromagnetic heat to extract bitumen
MEG • increase pipeline capacity
CO2 Solutions • enzyme-enabled carbon capture
Nova • molecular sieve for ethylene
manufacturing
Game Changing Technology
Grand Challenge Overview
2015-2016
5
1. Economic benefits• > 80 projects, including adaptation and Grand Challenge• $212.8 million allocated, $1.26 billion in total project value (leverage 6.1:1)
2. GHG emissions reductions• Emissions reduction : 10MT/2020
3. Identifying bright ideas from around the world • $65 million in funding available now
4. Game changing technology
An Effective Model
Take Home Messages CCEMC is a successful working model
• Alberta is committed to reducing GHG emissions while addressing growing global demand for energy.
• Innovative, transformative technology is required to reduce GHG emissions in an energy economy.
• The CCEMC is a key mechanism to foster development of transformative technology and achieve Alberta’s targets.
6
CCEMC.CA
APPLY NOW$65 million available
Deadline for submission August 28, 2014
Climate Change and Emissions Management Corporation
WESTERN CANADIAN CLEANTECH INDUSTRY
DEVELOPMENT
PROGRAMS AND PARTNERSHIPS WITH ACTIA –ALBERTA CLEANTECH INDUSTRY ALLIANCE
PRESENTED BY: RUS MATICHUK
Agenda
Clean Energy and CleanTech The Opportunities The Barriers Existing Infrastructure ACTia – Vision, Outcomes, Actions Key Alliances Next steps
Clean Energy & CleanTech
- Source: Canadian Cleantech Industry Report, Analytica Advisors
Proprietary technology to deliver products or services that reduce negative environmental impacts, while delivering competitive performance, and/or using fewer resources than conventional technologies.
A growing opportunity
2010: $1T global CleanTech industry. 11 percent Compound Annual Growth Rate (CAGR) Forecast to exceed $3 trillion by 2020. 2008 -2010 inclusive, the Canadian CleanTech
industry outpaced global growth, registering a 19 percent CAGR in support of a $9 billion dollar industry in 2010.
Importantly for Canadian employment, innovation, and commercialization, Canadian CleanTech is recognized as investing heavily in R&D 2010: Canadian CleanTech invested an estimated $985
million in R&D and provided an estimated 44,000 direct jobs
CleanTech Opportunities for Western Canada
1. Improve environmental sustainability of our industries and society
2. Diversify our economy3. Sustainable competitiveness &
prosperity
CleanTech Barriers (traditional)
Financing (access to capital) Customers (access to supply chains!)
Especially local… Cleantech is disconnected from the core engine of the
Alberta Economy (energy, Ag, etc.) Volumes, scaling Price modeling Policy barriers Access to R&D and demonstration facilities Skills and competencies (attraction & retention)
Key Barrier
Like many emerging industries, the component parts of the industry – or the “ecosystem” – is not connected or coordinated…
SME’s
Research
Customers
(AngelsVC’sCorprate VCConventionalGovCCEMC/SDTC& Others…)
$$
Associations
Gov’tIntegrators
Advisors
Help: Accelerators / Assistance
Alberta Innovates TEC Edmonton Innovate Calgary ACAMP TR Tech Startup Edmonton & Calgary Advanced Technology Centre Alastair Ross Technology Centre NovaNAIT NABI BusinessLink (Edmonton and Calgary) eHub Productivity Alberta Rural Alberta Business Centre Pilot AccelerateAB
Help: Funding
VCs: 32o Capital, Accelerate Fund, Avrio Capital, Azure Capital Partners, Chrysalix Energy Venture Capital, EmergexCapital, EnerTech Captial, iNovia Capital, Yaletown Venture Partners
Angels: TEC Venture Angels, Independent Angels [Rocket Launcher Network]
Debt/Venture Loans: AVAC, BDC, other Subdebt Lenders (some banks too)
Traditional Lending: Banks Equipment Financing: Banks, leasing funders, leasing brokers Grants: NRC (IRAP, Researcher and Marketer funding),
SR&ED tax credits, Alberta Innovates (Vouchers?), CCEMC, Tecterra
Other sources: friends and family, crowd funding, strategic partners, advances on orders, public markets
Help: Other
CanmetENERGY Technology Centre – Devon (NRCan)
Edmonton Waste Management Centre of Excellence
National Institute for Nanotechnology Alberta Glycomics Centre
ACTia
2008-09: Community formed; working group established through AB. Council of technologies.
2011: ACTia Incorporated 2012: Established Board, governance,
organization. 2012-13: Initial events & activities
(Clean Drinks; NBSF/NSCF; 2014 …
Vision
To position Alberta as a WORLD LEADER in CleanTech research, commercialization, and manufacturing through facilitating a CleanTechInnovation Ecosystem that matches promising CleanTech SMEs with the expertise, financing support and prospective customers they need to be successful.
Outcomes
Primary outcome: More companies that launch and thrive in Alberta
This will occur through: Improved incubation and effective business
launches – Connecting innovation with EXPERTISE
Improved business development and early stage growth – Connecting innovation with CUSTOMERS
Improved business growth (scaling) – Connecting innovation with CAPITAL
Actions – Big Ideas
Effective industry sector governance; Facilitate & optimize genuine collaboration between
industry, CleanTech sector, and government; Development of effective & intentional regional clusters
of energy companies and CleanTech producers & service providers;
Effective, reliable, cost-competitive supply chains short-term: solving problems specific to Alberta’s energy sector long-term leverage these solutions into global markets;
Removal of bottlenecks in Alberta’s innovation system that impede timely commercialization of CleanTech and CleanTech SMEs.
Actions – First Steps
Electronic connector activities – database and web infrastructure
Referral service – connecting innovation to incubators, professionals, etc.
Physical connector activities – CleanDrinks, CleanTech Conversations, Energy Supply Chain Forum Innovation Pavillion, Access to Capital events
Industry profiling – collecting and distributing information on companies and innovation
Alliances – Working Together
Glacier Media Group – JWN and Cleantech Canada CCEMC TR Tech Foresight CleanTech Accelerator nanoCLUSTER Alberta Technology Alberta ABCTech TEC Edmonton Calgary Innovates and SURE Cluster C3 Pembina Research Institute Lethbridge College NAIT Dentons
Next Steps
Funding for initiatives More partnering activities on each of the
action items Board and committee involvement Alignment with other industry initiatives
30/05/2014
1
Enhancing Possibilities
Alberta Innovates and Clean Energy Technology Development in Alberta
Brent Lakeman, General ManagerEnvironment and Carbon Management
May 23rd, 2014Drayton Valley, Alberta
Technology Futures Overview
+90 years of operation
600 world-class scientists, researchers, engineers, technicians, business experts and professional staff
3000 clients (entrepreneurs, businesses and agencies)
$174 million in total revenue
$76 million in fee-for-service applied research
+1 million square feet of laboratory, pilot plant, scale-up, collaboration and office space in four locations: Edmonton, Calgary, Vegreville and Devon
30/05/2014
2
Mandate and Role
From the Government of Alberta: For the economic and social well-being of Albertans…research and
innovation activities that develop and grow the technology sector aligned to GoA priorities, including the commercialization of technology and the application of knowledge
Meet Alberta’s research and innovation priorities in agriculture, forestry, energy, the environment, health and other areas
Foster development and growth of new and existing industries through research and innovation
Alberta Innovates SystemAchieving Alberta’s Priorities
Application and Commercialization
Outcomes Resilient and healthy communities | Broad-based economy | Effective resource and environmental management
Long-term research, industrial chairs, and talent and capacity building
Priority InitiativesEducation and Entrepreneurship | Rebalanced Fiscal Framework | Integrated Resource System | Expanded Market Access
Applied research and development
EAE OtherESRD ARD HealthEnergy
Economic & Societal Benefit to Alberta
30/05/2014
3
AITF’s Operational Approach
Part of Alberta Innovates family (includes AI-BioSolutions, AI-Energy and Environmental Solutions & AI Health Solutions)
Takes industry-focused, sector-based approach
Provides research and commercialization services to Alberta’s Innovation System
Collaborates with: Businesses of all sizes (includes SMEs)
Campus Alberta and other
Post-Secondary Institutions
Governments
Innovation Players
Applied Research Centres
Client-centric, fee-for-service and strategic research to: De-risk technology development and
investment
Develop and commercialize leading-edge technologies
Facilitate industry and government consortia collaborations
30/05/2014
4
Clean Energy Portfolio
Support GHG reduction and waste utilization needs of key sectors (Forestry, Oil and Gas, Food & Agriculture, Municipalities)
Two mutually-supporting themesIntegrated Energy Systems
Energy Conversion Technology
BiogasBiomassGeothermalHydroNuclearSolarWind
Key Elements of Energy Integration
Energy Domains
Technology Clean energysources
Markets
EconomicsRegulatoryLocal vs. exportIndustrial/residential
Energy conversionEnergy storageTransport
30/05/2014
5
Natural gas
Nuclear
Solar thermal
Wind
Solar PV
GeothermalNatural gas
Steam & hot water
Process heat
Hydrogen
Electricity
Steam&hot waterHydrogen
Electricity
Process fuel
GHG intensity 2012
GHG intensity 2035
Example: Oil Sands
CE - Integrated Energy Systems
Industrial focused, multi-domain energy transfers and opportunities
Current focus:“Energy Mapping” in Alberta Industrial Heartland
Energy Storage research and techno-economicsan enabler to renewables firming and enhanced integration
30/05/2014
6
Energy Mapping in Alberta’s Industrial Heartland
Feasibility phase to: Determine types, quantity and quality of energy supplied & used Identify quality & quantity of “unused” energy at sites & ways to use it Establish standard data sets Develop business case for energy integration in Heartland
C3 Leading initiative with AITF as Technical Lead Funding and in-kind support from NRCan, AIH, Suncor, Keyera, Air Liquide,
Rio Tinto, Agrium, Western Hydrogen
Quality
Steam: 300⁰ C
200⁰ C Heat
50⁰ C Heat
Supply Used For:
Heat Facility: 40⁰ C
Process Heating: 150⁰ C
Quantity Quantity Needed
Identified“Unused”
Energy
Reduction in High Quality Energy Use
Strathcona Industrial Area Alberta’s Industrial Heartland
Ft Saskatchewan
Scotford
Sherwood Park
Edmonton
Energy Mapping Feasibility Study
10 km
30/05/2014
7
Energy Storage as Enabling Clean Energy Technology
Two pronged approach for facilitating Energy Storage in Alberta:
1. Techno-Economic Analysis• Series of studies that advance the understanding of the
energy storage operation in the Alberta electricity market
2. Project Development and Support• Undertake activities to mature energy storage technology
propositions and work with project advocates to deploy an economically viable energy storage operation in Alberta
Optimizing Our Innovation Assets
Government Strategic Investments
Focused IndustryInvestments
Initial Priorities
Discovery/Innovation
Long‐TermEarly Research
Mid/Short‐TermApplied Research
Short‐Term
Market‐ReadyMarket Adoption
Industry‐wide Competitiveness
Manufacturing, Suppliers, SMEsTraining and Engagement
Colleges and Polytechnic Institutes
Technology Development
Provincial Labs and Facilities
Academic Institutions
New Business/Technology Adoption Services
Clean Energy
30/05/2014
8
Conclusion
Alberta’s clean energy opportunities are plentiful
Understand needs of different sectors
Focusing province’s resources on priority opportunities
Alignment of investments across the system –from early stage research through to commercializationIncluding building capacity in Alberta technical
colleges and universities
5/30/2014
1
CLEAN ENERGYTECHNOLOGY DEVELOPMENT
Mayor Glenn McLean
Town of Drayton Valley
Town of Drayton Valley• Located 1 hour drive west
from Edmonton Int. Airport
• Major centre for oil and gas industry
• Very active forestry and agriculture industries
• Emerging tourism industry
• Trading Area 30,000+
• Population 7,000+
Edmonton
CalgaryBanff
Jasper Drayton Valley
ALBERTA
5/30/2014
2
Drayton Valley Advantage• Oil and gas industry• Forestry industry• Agricultural industry• Highly skilled workforce• Excellent transportation
links• Fibre optic infrastructure
being constructed• Supportive local
Government• Receptive community
CETC
• Clean Energy and Technology Centre (CETC) underway; a 30,000 sq ft. facility at the south end of Town that will house skills training, business development and research facilities conducive to the needs of industry and in partnership with NorQuest College
5/30/2014
3
Clean Energy and Technology Centre
Research and Development
Business Development
Applied Research Education and Training
The CETC is modeled having four interdependent quadrants working in synergy
Conclusion
Clean Energy and Technology Centre
5/30/2014
4
Thank You
Mayor Glenn McLean
Town of Drayton Valley
mayor@draytonvalley.ca
www.draytonvalley.ca
780-514-2200
5/30/2014
1
Drayton Valley Clean Energy and Technology Centre
•Education and Training•Applied Research
May 23, 2014
Clean Energy and Technology Centre
Research and Development Business Development
Applied Research Education and Training
The CETC is modeled having four interdependent quadrants working in synergy
5/30/2014
2
5/30/2014
3
Clean Energy & Technology CentrePower Engineering Boiler Training Lab and Shop
Applied Research Services
5/30/2014
4
Clean Energy & Technology Centre
+
1
COSIA and Collaboration in the Oil Sands
Presented by: Mark Bohm, Suncor EnergyClean Energy Technology Development WorkshopDrayton Valley, ABMay 23, 2013
+
2
Contents
What are the industry’s challenges?
About Canada’s oil sands
Environmental concerns
What is COSIA?
Why was COSIA formed?
Environmental Priority Areas (EPAs)
Examples of collaborative projects for each EPAs
How can Innovators Engage COSIA?
E‐Tap process
+
3
Canada’s oil sands
Canada has the third largest oil reserves in the world.
173 billion barrels
168 billion barrels are oil sands
Oil sands are mixture of sand, water, clay and bitumen.
Bitumen is oil that is too thick to be pumped without changing it’s viscosity (by heat or other means)
The deposits lie beneath 142,000 km2 of boreal forest.
Less than 5% of Canada’s boreal forest.
3% of the oil sands area is minable.
+
4
Environmental concerns
Land
Oil sands mining requires a large amount of land.
Linear disturbances from roads, pipelines and seismic exploration can fragment habitat.
Water
Both in situ and mining operations are water intensive processes.
Drawing fresh water from rivers can affect their flow rates.
Tailings
Left to settle naturally, tailings can take up to 30 years to fully separate.
The size of tailings ponds affects the rate at which the mine footprint can be reclaimed.
Greenhouse Gases (GHG)
Energy needs to extract the bitumen, along with emissions from mine vehicles is more carbon intensive than other forms of oil production.
+
5
Why was COSIA formed?
+
6
Predecessors of COSIA
COSIA was developed to unify a number of different collaborative industry initiatives under one umbrella:
Canadian Oil Sands Network for Research and Development (CONRAD)
Oil Sands Leadership Initiative (OSLI)
Oil Sands Tailings Consortium
+
7
Social license to operate
+
8
The result
“COSIA is an alliance of 13 oil sands producers, representing 90 per cent of production from the Canadian oil sands, who
are innovating, collaborating and driving accelerated environmental performance improvement.”
+
9
+
10
COSIA’s Vision
“Our Vision is to enable responsible and sustainable development of Canada’s Oil Sands as a global energy source while delivering accelerated improvement in environmental performance through collaborative action and innovation.”
+
11
Innovation
COSIA members are removing obstacles to improved environmental performance.
Sharing operating best practices that result in improved environmental performance.
Using existing environmental technologies in new ways.
Sharing research results and project outcomes.
COSIA companies have shared more than 560 environmental technologies worth over $900 million.
Over 185 JIPs worth 500 million are now underway.
+
12
Collaboration
Member Companies
Member companies continue to incorporate COSIA into their day to day operations.
Associate Membership Program
Bringing organisations that share COSIA’s vision to bring ideas, knowledge, experience and perspectives to bear.
General Electric Partnership
$20 Million investment pledge to undertake joint environmental technology projects.
Wider engagement
Engaging with a diverse group to gain new ideas and perspectives.
Environmental Technology Assessment Portal (E‐TAP)
An online submission platform that allows individuals, organizations and companies to submit their innovations and ideas to COSIA.
+
13
Environmental Priority Areas
Part 5
+
14
Greenhouse Gas EPA
+
15
Greenhouse Gas EPA ‐ Summary
Focus
Reducing GHG emissions across the oil sands industry by improving the energy efficiency of operations, developing new technologies to capture CO2, producing alternative energy and recovering waste heat for reuse.
Aspiration
We will strive to produce our oil with lower greenhouse gas emissions than other sources of oil.
Case study projects
Algae carbon conversion project
Gas turbine once through steam generation
Organic rankine cycle
Vacuum insulated tubing
+
16
Gas‐Turbine Once Through Steam Generator
Expected Outcome
Reduces operators’ reliance on electricity from the Alberta power grid which may result in a net reduction in carbon intensity per‐barrel of product.
Participants
ConocoPhillips Canada with Total E&P
Description
A fit‐for‐purpose co‐generation technology that produces electricity at the same time as producing steam.
+
17
Organic Rankine Cycle
Description
Using low‐grade waste heat from the SAGD bitumen recovery processes to generate clean electricity and reduce GHG emissions.
Expected Outcome
GHG emissions savings of 4,000 tonnes per year from Devon’s Jackfish facility.
Participants
Devon has contributed this technology to COSIA and its member companies.
+
18
Vacuum Insulated Tubing
Description
A tube is placed inside a larger pipe and the air between them is removed, preventing heat from traveling out of the pipe and into the well.
Expected Outcome
Reduces the amount of steam needed to produce the same amount of product, which means proportionately less natural gas needed to
make steam.
Participants
ConocoPhillips Canada and Total E&P Canada.
+
19
Land EPA
+
20
Land EPA ‐ Summary
Focus
Conducting studies to understand the impact of oil sands development on ecosystems and developing actives and best practices that avoid, minimize or mitigate the effects of oil sands activities on forests, wetlands, lakes and streams.
Aspiration:
We will strive to be world leaders in land management, restoring the land we disturb and preserving biodiversity of plants and animals.
Case study projects
Caribou habitat restoration
The oil sands vegetation cooperative
Topsoil restoration
Alberta biodiversity conservation chairs
+
21
Caribou Habitat Restoration
Description
Restoring historic linear disturbances using several reclamation techniques.
Expected Outcome
Improved woodland caribou habitat quality and herd survival.
Participants
Algar: ConocoPhillips Canada, Nexen Inc., Shell Canada, Statoil Canada, Suncor Energy Inc. and Total E&P Canada.
LiDea: Cenovus
+
22
The Oil Sands Vegetation Cooperative
Description
Collecting and banking seeds for reclamation.
Expected Outcome
Ensuring a large number of species and variations within these species are available for reclamation.
Participants
Canadian Natural, Imperial Oil, Shell Canada, Suncor, Syncrudeand Total E&P Canada, with Smoky Lake Forest Nursery and Chickadee Farms.
+
23
Topsoil Restoration
Expected Outcome
Speeding up reclamation of disturbed lands.
Participants
This topsoil conversion project is a contributed technology from Imperial Oil to COSIA companies.
Description
Treating nutrient lean subsoil with humiliate to turn into nutrient rich topsoil in five years rather than the hundreds of years it would take to do so naturally.
+
24
Alberta Biodiversity Conservation Chairs
Description
Speeding research and development of biodiversity science.
Expected Outcome
Avoid or minimize impacts across the boreal forest and restore ecological health.
Participants
COSIA’s Land EPA is working directly with Alberta Innovates Bio Solutions, Energy and Environment Solutions, the University of Alberta and the Natural Sciences and Engineering Research Council of Canada.
+
25
Water EPA
+
26
Water EPA ‐ Summary
Focus
Developing new technologies and best practices for recycling, treatment and management of water in the oil sands to improve the quality and quantity of watersheds near industry.
Aspiration:
We will strive to be world leaders in water management, producing Canadian energy with no adverse impact on water.
Case study projects
Direct contact steam generation
Regional water management initiative
Boiler blowdown reduction technologies
Demonstration pit lakes
+
27
Direct Contact Steam Generation
Description
A direct combustion process to generate a flue gas stream containing both steam and carbon dioxide (CO2).
Expected Outcome
Reduces GHG emissions by sequestering CO2 in the SAGD
Participants
Suncor, Shell Canada, Devon, Canadian Natural, and Statoil.
+
28
Regional Water Management Initiative
Description
Coordinating water and waste water management by viewing water resources in the oil sands area as a single system.
Expected Outcome
Reduce the amount of water needed from the environment by increasing the re‐use of process water
Participants
Suncor, with Canadian Natural, Imperial Oil, Shell Canada, Syncrude, Teck Resources, Total E&P Canada, Nexen, Devon, BP, Cenovus and MEG Energy.
+
29
Boiler Blowdown Reduction Technologies
Expected Outcome
Increases the amount of steam produced from the same volume of water while reducing the amount of waste.
Participants
Imperial Oil and BP Canada Energy Group, with Canadian Natural, ConocoPhillips Canada, Devon, Nexen Energy, Statoil Canada and Suncor.
Description
Reconfiguring boilers to reduce waste water (blowdown) when producing steam for in situ production.
+
30
Demonstration Pit Lakes
Description
A demonstration project to provide greater understanding of pit lake characteristics that can be used as a treatment systems for the reclamation water and for the potential disposal of fluid fine tailings.
Expected Outcome
The project will provide valuable information to operators to help them in the creation of hydrologically and ecologically sustainable lakes for reclamation.
Participants
All seven of COSIA’s companies with mining operations.
+
31
Tailings EPA
+
32
Tailings EPA ‐ Summary
Focus
Developing new and existing technologies and best practices to manage the volume of tailings materials and reduce the number of tailings ponds needed to support the industry.
Aspiration:
We will strive to transform tailings from waste into a resource the speeds land and water reclamation.
Case study projects
Cross flow filtration
Tailings centrifuge
Filter press project
Tailings reduction technology
+
33
Tailings EPA Aspiration
We will strive to…
‘Transform tailings from waste into a
resource that speeds land and water reclamation.’
+
34
What this means and what it doesn’t
This means we will:
Continue to aggressively develop new and improved tailings treatment technologies.
Use water‐capped tailings deposits to manage a portion of fluid fine tailings.
Treat and transform legacy tailings to reclamation‐ready deposits that support vegetation and biodiversity needs.
This does not mean:
We will eliminate tailings ponds completely or reclaim tailings deposits immediately after treatment.
+
35
Cross Flow Filtration of Tailings
Description
The tailings stream is pumped through a porous pipe, dewatering the tailings before they are deposited into the tailings ponds.
Expected Outcome
Increase the amount of water available for recycling and reduce the need for tailings ponds.
Participants
All of COSIA’s Tailings EPA Member companies are involved in this project as well as both provincial and federal governments.
+
36
Tailings Centrifuge
Description
Centrifugal force cause tailing to separate from the water and bind together.
Expected Outcome
Speeding the pace of reclamation.
Participants
Syncrude contributed the centrifuge technology, which means it is available to all Tailings EPA members. Shell Canada has been the first to pick up the technology.
+
37
Filter Press Project
Expected Outcome
The residual clay fines cakes can be used in reclamation.
Participants
Shell Canada and Teck Resources, in partnership with Ledcor Nalco Services.
Description
Mature Fine Tailings are chemically treated to prevent them from clogging a filter. Metal plates are then used to push the mature fines through a filter, releasing the water from the mixture.
+
38
Tailings Reduction Technology
Description
A flocculent is added to fluid fine tailings. The flocculent causes the fluid fines particles to bind together, releasing the water.
Expected Outcome
Reduce the time it takes to reclaim tailings ponds and eliminate the need for tailings ponds.
Participants
Suncor with Shell.
+
39
How Innovators can Collaborate with COSIA
+
40
Engaging COSIA Environmental Technology Assessment Portal (E‐TAP)
The EPAs are seeking technologies that can help accelerate the environmental performance improvement of the Canadian Oil Sands.
The objective is to identify and assess potential solutions to our current and future technology gaps and opportunities.
Technology that fits within the current scope of activities for each of the EPAs can be submitted for assessment , through a online non‐confidential Disclosure.
Engaging companies directly
Company reps are working on a range of technologies with partners
Stay tuned as COSIA will be communicating priority areas and specific challenges over the coming months.
+
41
Thank you!
Mark Bohm
Manager, In‐situ Technology
Suncor Energy
mbohm@suncor.com
(403) 296‐6365
New pathwaysto reduceindustrialgreenhouse gas emissions.
THE LOW CARBON FUTURE IS COMING. WHO WILL PROVIDE THE SOLUTIONS?
WE’RE ALL IN THIS TOGETHERAtmospheric carbon is a global challenge. Climate consequences will affect everyone.As priority escalates world-wide, industrial emissions intensity will be decisive for access and competition in the market.
Section 2.0
Section 2.0
44 RESEARCH PROJECTS
= $22M
Section 2.0
Section 2.0
“If you want to go fast, go alone. If you want to go far, go together.”
Working together, CMC will bring global capacity to help our clients go fast AND far.
Section 2.0
Ideas to Impact
Outline
• Opportunities for Alberta in a deeply decarbonized world
• Commercialization challenge: How to encourage GHG reduction innovations
– Economic drivers for carbon reductions
– Commercial benefits from adjacent markets (until the world is ready)
Deep Decarbonization Pathways Project
• 15 countries – 90% of world GDP – 75% of GHG emissions
• Imagine prosperous, low carbon 2050:– On track for 2DS (450 ppm CO2)– Triple global economy (3% annual growth)
• Bottom‐up narratives & models– What investment would it take?– What might it look like?
• New markets / new challenges
11
Insights on Deep Decarbonization
Historical GHG Forecasts
12
600
650
700
750
800
850
900
950
1000
1050
2005 2011 2015 2020 2030
MT CO2e
Canadian BAU GHG Forecasts, 2007 ‐ 2014
NEB, 2007
NRTEE, 2007
NRTEE, 2009
ENCan UNFCCC BRI 2014 (withmeasures)
NRTEE, 2012 (BAU)
NRTEE, 2012 (with measures)
Copenhagen Target ‐17% below 2005
Insights on Deep Decarbonization
Oil and gas growth assumptions drive emissions growth
13
DEEP DECARBONIZATION CHALLENGE
How do we position ourselves to thrive in a low carbon future?
14
Economic Levers
• Direct regulation– Unintended consequences
– Market distortions ‐ assumes solutions exist today ‐just need to implement
• Market access/ social license– Irrational responses to legitimate concerns
– Subject to distortion by political agendas
• Cap and trade– Emissions impact certain / economics uncertain
– Administratively challenging
15
Economic Levers
• Carbon tax– Economics certain / emissions impact uncertain– Changes end‐user behaviour– Administratively efficient
• Emissions intensity levy– Economics certain / emissions impact uncertain– Potential to impact marginal emissions heavily without damaging economy
– Changes industry behaviour– Supports required innovation – develops new solutions
16
In a low carbon future
• Combination of levers is likely
• Implicit or explicit price on imbedded carbon in international trade
• Low carbon intensity equals competitive advantage
– Fossil + CCS = lower intensity
– Fossil + refining/processing + CCS = still lower intensity
– Biomass + CCS = efficient direct air capture
– Biomass long term use ~ direct capture
17
Bio‐economy contributions
• Bio‐fuels/products + CCS: potentially carbon negative
• Manufacture of long‐life (100 year+) products from bio sources: reduced carbon availability
• Displacement of fossil products with bio‐products: reduced new carbon in the cycle
18
Where will innovation “take”?
• Leverage existing industry:
– Skills/know‐how
• Research capacity – local + global
• Skills & experience ‐ local
– Investors
• Fund what they know
– Domestic markets
• Understand domestic needs then international markets
• Plan for both
19
THE LOW CARBON FUTURE STARTS NOW.We envision a global collaborative network leading in the development of solutions to industrial GHG emissions.
We anticipate an energy sector known for its innovative low-carbon technologies.
We foresee low net carbon footprint products welcomed in a carbon constrained world.
CO2LLABORATION
Contact: Richard Adamson, PEng MScManaging DirectorRichard.Adamson@cmcghg.com
1
Clean Energy TechCommercialization Pathways
Panel Presentation
Opportunities:
Relationship with customers
Catalyze innovation
Find and adapt
Continuous improvement vs breakthroughs
Where we are headed (my view)
Vendor Strategic Ally
Price
Safety
Build on relationship
Triple Bottom Line Considerations
• Monitoring, reporting, employment, good neighbors
Product Improvement
Just‐in Time Fabrication and Delivery
• Big Industry vs Local Responsive Industry
Where Good Ideas Come From
• Hunch + Hunch Idea Opportunity• DV Clean Energy Tech Centre and ACTIA Renaissance Cafes, where hunches collide
• Steven Johnson• http://www.ted.com/talks/st
even_johnson_where_good_ideas_come_from
Power of the Web “No more economies of scale”
Local Manufacturing• Design Forge
• 3D Printers̶ Additive or extractive
See Localmotors.com
Embrace and feed hackers
• Techshop.ws
Crowd‐Sourcing:
Technologies and IP
Markets for Tech / Challenges to Solve
Knowledge sharing
Ideagoras
marketplaces on www
• Yet2.com
• NineSigma.com
• Innocentive.com
Continuous Improvements
• Computer laptop
Breakthroughs & Disruptive Innovations
• Coal Oil
• British advantage in WW1
Commodities Niche products• Suncor’s Custom Upgrading
• Bio‐solvents and Value‐Adding Bio‐diluents
Lower GHG‐intensity from cradle grave• Target “Brent crude”
• Stay ahead of GTL & CTL
• CCS and CO2 as feedstockLocal Manufacturing
Cradle‐to‐Cradle – Zero Waste
LT: 9 Billion Challenge
Bob Mitchell, May 23, 2014 bob.h.mitchell@conocophillips.com
9
Clean Energy Financing
May 23, 2014
2
Introduction
This presentation is confidential and propriety to ATB Corporate Financial Services and may not bedisclosed, reproduced, distributed or used for any other purpose by the recipient without our expresswritten consent.
The information and any analysis contained in this presentation are taken from, or based upon,information obtained from publicly available sources, the completeness and accuracy of which has notbeen independently verified, and cannot be assured by ATB Corporate Financial Services. Theinformation and any analyses in these materials reflects prevailing conditions and our views as of thisdate, all of which are subject to change.
To the extent projections and financial analyses are set forth herein, they may be based on estimatesand are intended only to suggest reasonable ranges of results. The printed presentation is incompletewithout reference to the oral presentation or other written materials that supplement it.
Disclaimer
3
Introduction
Executive Summary
Discussion Topics:
I. Who is ATB Financial
II. Qualifications for Senior Debt
III. Types of Senior Debt Financing
IV. The Financing Lifecycle
V. Other Financing Considerations
Who is ATB Financial?
5
Who is ATB Financial?
• Established in 1938, ATB is a Crown Corporation wholly-owned by the Government of Alberta
• Independent Board of Directors
• $33.7 billion asset value, full-service financial institution headquartered in Edmonton, Alberta(1)
• Over 5,000 Team Members serving over 662,000 Albertans in 242 communities, through 171 branches
and 130 agencies
The oldest and single largest financial institution in Alberta
Snapshot of ATB
ATB’s Areas of Expertise
1. As of January 2014
6
ATB Corporate Financial Services
• Recognized market leadership in the Energy, Real Estate, Commercial and Food & Forestry industries
• P3 and Project Finance expertise
• Over $8.9 billion of outstanding assets (approximately $18 billion authorized)(1)
$3
$4
$5
$6
$7
$8
$9
Q1 09 Q3 09 Q1 10 Q3 10 Q1 11 Q3 11 Q1 12 Q3 12 Q1 13 Q3 13
Bill
ions
5 YR CAGR 15%
ATB Corporate Financial Services’ Total Assets
We believe strong relationships distinguish the market leaders in financial services
Market Leadership
1. As of January 2013
7
ATB Corporate Financial Services
• Over 49 borrowing clients for a combined authorized loan portfolio in excess of $1.6 billion
• Participate in over 33 syndicate facilities
Highly active team with authorized loans of over $1.6 billion to key industry players
Infrastructure & Utilities Team
• Growing focus on start up companies looking to embark on proprietary technologies and renewable energy sources
• Portfolio includes:º Pipeline and utilitiesº Midstream producersº Waste / environmental
services providersº Renewable companiesº Project financing loans
Qualifications for Senior Debt
9
Senior Debt
Qualifying for Senior Debt
• Accessing senior debt generally requires technology to have been successfully demonstrated.
• Senior debt is not rewarded for upside returns. With a fixed margin for capital provided, risk must be commensurate .
• Companies must try to avoid the following when preparing a business plan:
• Unrealistic expectations for qualification of senior debt in life cycle of entity.
• Unrealistic expectation for level of leverage. Leverage of 70-80% is only available for proven commercial technologies.
• Down-playing risks.
• Underestimating challenges related to executing on project budgets in Alberta’s economic environment (rampant cost overruns).
• The financial models we see are generally pretty good. Important to keep the following inmind:
• Ensure rigor around base assumptions.
• Banks can further sensitize as necessary if the models are appropriately designed.
10
Senior Debt
The 5-C’s of Credit
• On a fundamental basis, Lenders are looking to satisfy the 5-C’s of Credit. Ensure your company can check these boxes:
1. Character - How strong is the management team?
2. Capacity – Is there cash flow available to repay the loan?
3. Capital – Is the company adequately capitalized? Is there further capital readily available(equity, sub-debt, etc. )?
4. Collateral – Senior debt requires a secondary source of repayment. It is tough to lendagainst intangible assets and/or assets with limited resale value.
5. Conditions – What covenants are applicable to monitor the health of the loan? Generallysenior debt does not permit dividends until the business is well established.
11
Senior Debt
How to get lenders to listen
• Build solid long term banking relationships.
• Maintain open lines of communications and keep the lender fully informed.
• Maintain timely and accurate reporting.
• Present a realistic and achievable business plan with a fall back.
• If problems arise, examine viable solutions and present them pro-actively.
• Show evidence of management commitment, including material insider equity investment and preparedness to make further investment.
• Make realistic commitments to deadlines and milestone events – “Under Promise and Over Deliver”.
Types of Senior Debt Financing
13
Senior Debt
Project Financing
• Project financing is potentially available if there is no perceived technological risk.
• Project financing requires following risks to be addressed:
• Scalability concerns.
• Construction cost-overruns (requirement for high fixed price percentage for project build).
• Counterparty risk.
• Certainty of demand (generally contract for output to cover at least debt servicing requirements).
• Comfort around variability of input costs (generally long investment horizon depending on amortization period applied).
• Key analysis includes:
• Sensitizing projected cash flow.
• Determination of acceptable amortization period.
• Satisfying acceptable debt service coverage test.
• Establishing appropriate maintenance reserves and/or debt servicing reserves.
14
Senior Debt
Standard Lending Parameters
• Standard senior debt lending parameters may apply if the company has demonstrated cash flow history.
• Typical lending parameters include:
• Margined revolver for working capital. Typical margining may include ~75% of eligible accounts receivables and ~50% of inventory (very dependent on circumstances).
• Term loan for equipment and buildings. Term loan is generally sized around debt to cash flow that is typical for the industry.
• Lenders like to see history of stable cash flow and margins.
• Long term contracts with strong counterparties are ideal for senior debt:
• Amortization period may be extendible to just less than the length of the contract.
• Lender to maintain step-in rights.
The Financing Lifecycle
16
Financing Solutions
Alternative Forms of Financing
• Senior debt is not the only capital solution. There are many other forms of financing for new businesses:
• Venture and angel capital.
• Equity (ie – private equity, friends and family, common and/or preferred shares).
• Subordinated and/or convertible debt.
• Joint ventures.
• On-balance sheet financing by entities with access to resources (ie - R&D budgets or internal financing dedicated to projects) .
• Important for companies to understand the progression of capital sources available, and to determine which capital solutions are realistic.
17
Financing lifecycle
Financing Lifecycle
As a company evolves it has access to larger and deeper debt solutions
Firm Size
Very small firms, possibly with no collateral and nono track record
Small firms, possibly with high growth potential but often with limited track record
Large firms of known risk and track record
Medium-sized firms. Some track record. Collateral available, if necessary
Firm AgeInformation Availability
Insider Finance / Venture Capital Private Equity Public Equity
Trade Credit
Commercial Paper
Short-term Financial Institution Loans
Syndicated Loans
Mezzanine Fund Financing
Public Debt
Private Placements
Equipment Finance Project Finance
The Other Financing Considerations
19
Financing Considerations
Other financing considerations
• Understand the motivations of the capital provider:
• Equity investors are looking for investment returns, payback period, growth, etc.
• Senior debt is not rewarded for upside returns. Mitigating risk is the #1 priority for senior lenders.
• Consider mitigating external risks (ie – interest rate, F/X, commodity prices, etc.) to concentrate on the core business. ATB’s Financial Markets Team can develop hedging strategies.
• Cannot overemphasize the importance of management!
• Management quality has proven to be the primary factor that will determine whether a business will flourish or fail.
• A weak management team with no experience is often a non-starter for capital providers (especially senior debt ).
• Ensure your management team is well rounded. Often we see teams that are technically strong, but are missing a few “key” pieces.
• A strong board can help offset a weaker management team.
20
Understand lender motivations
Leaders Don’t Flinch
When the going gets tough, the tough stay put. Through the credit crunch, depressed commodity prices and global economic turmoil, we’ve done just
that. We never left the side of the people who’ve made Alberta an economic powerhouse, and we continue to custom build solutions to help them do what
they do best…lead. Because Alberta means the world to us.
• During the financial crisis ATB:
º Experienced a surge in liquidity as a result of the flight to quality and our AAA rating
º Redeployed this liquidity for the benefit of existing and new clients (overall loan growth in excess of
40%)
Loan Growth During Financial Crisis
Thank You
Bruce Edgelow
Vice President, Energy Group
ATB Corporate Financial Services
Phone: (403) 974 – 5736
E-mail: Bedgelow@atb.com
Downhole Oil/Water Separation
Bruce Peachey, FEIC, FCIC, P.Eng. New Paradigm Engineering Ltd.
Drayton Valley, AlbertaMay 23rd, 2014
Topics to Cover
What is Downhole Oil/Water Separation?
Experience to Date and Applications
Benefits for Producers
Benefits for Sustainability
Is it a Success Story?
New Opportunities Open
Oil to Surface
Water to Injection
Producing Zone
Injection Zone
DHOWS Separator & Pump(s)
Basic DHOWS Concept
1. Two zones: i. Producing zoneii. Injection zone
2. Energy source to produce and inject (pump(s))
• Artificial lift or reservoir
3. Downhole oil/water separator
4. Isolation in wellbore and in reservoir
• Packer• Lithology/relative perm
Hydrocyclones (De-Oilers)
Tangential Inlet
Disposal Water Outlet
OilConcentrate
Outlet
•Oil gravity is not a major factor in separation•Orientation does not matter•Capacity ~300 m3/d (1800 bfpd/liner)•Increase capacity by stacking liners connected in parallel. May not be needed in many wells.
Prototype ESP-DHOWS Trial Redwater Field Canada – 1994
1
10
100
1000
Dec-93 Mar-94 Jul-94 Oct-94 Jan-95 May-95 Aug-95 Nov-95Date
SurfaceWaterRate
(m 3/d)
OilRate
(m 3/d)
WOR
Oil Rate
WOR
WaterRate
INS
TA
LL
ED
DH
OW
S
PU
LL
ED
DH
OW
S
1800 BWPD
18 BOPD
WC = 99+%
50 BWPD
30 BOPD
WC = 60%
“DHOWS” Heavy Oil PCP Installation
1
10
100
Jun 95 Aug 95 Oct 95 Dec 95 Feb 96 Apr 96 Jun 96 Aug 96 Oct 96 Dec 96
Date
Oil
Rate
(m3/d)
Surface
W OR
CO
MP
LE
TE
D I
NJ
EC
TIO
N Z
ON
E
INS
TA
LL
ED
DH
OW
S
Surface W OR
Oil Rate
C-FER/NPEL
What Have We Learned about DHOWS Applications? The key (economic) success factors:
• Potential for Increased Oil» Oil Rate - To enhance economics » All increased; on average +80% (30 bopd)
» Oil Recovery - Savings due to decreased water to surface allow wells to be produced longer
» All decreased; on average -81% (1600 bwpd)
• Long Term, Stable Injectivity» To allow system to work as planned
• Long system Run-Life» At least close to standard pumps
C-FER/NPEL
Extending Economic Recovery
1
10
100
233 249 260 284 301 312 322 329 334 339 343 347 352 356
Cum Oil (Thousand m3)
WO
R
+29% at WOR = 10+42 to ??%With DHOWS?
Overall Profitability for a Sample Well
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
Base Water Costs @ 25%of Base
Water Costs @ 10%of Base
Th
ou
san
ds
of
Dolla
rs
Profit, Fixed Costs, Taxes etc.Water HandlingRoyaltiesDevelopment CostsFinding Costs
Benefits for Sustainability
Extend life of existing well infrastructure reduce new well drilling worldwide
Increase recovery from known pools currently only 27% recovery on average
Lower saline water volumes to surface or by fresh water aquifers
Less energy pumping water to surface and then reinjecting it!!!!!
Water Handling = Coal Power
Oil and gas industry purchases 21 TWhr/yr(NRCan 2006 Energy Outlook)
• Estimated 20-25% of Alberta’s base-load coal power sales;
• Estimated 10-15% in Sask
• Power can be 40-50% of annual operating costs
• Reduced power = Lower GHG and other emissions; lower fresh water use
Main Uses of the Power• Pumping oil and water to surface
• Pumping produced water back into the ground for disposal
Oil Companies are Really Water Companies
Alberta Water Production
0
50
100
150
200
250
1972 1976 1980 1984 1988 1992 1996 2000
Oil
and
Wat
er P
rod
uct
ion
(m
illio
n m
3/yr
)
0.0
2.0
4.0
6.0
8.0
10.0
12.0
WO
R (
m3/
m3)
WaterOilWOR
Source -Water Use for Injection Purposes - Geowa March 2003(Excludes thermal and oil sands volumes)
Disposal Power Consumption
0
50
100
150
200
250
300
350
400
450
0 3 6 9 12 15 18 21 24 27 30 33 36
Injection Rate (Thousands of bwpd)
Diff
eren
tial P
ress
ure
to In
ject
(psi
)
Power for Single Disposal Well@ 36,000 bwpd
Power for 5 Disposal Wells@ 7,200 bwpd each
Is it a Success Story Partial Success
• Almost everyone involved with installations has made some money!
• Many see the value in the technology
New Opportunities Open• Inhibiting patents and contracts have expired
• Anyone with the ability to supply pumping systems can use the ideas
• There are many applications for mature oil fields operated by even small companies
Gravity Separation (Hydrocyclone not needed)
ESPBeamPCPFlowing WellsGas LiftJet Pumps
Oil Concentrate Pump
Water Pump
Producing Zone(s)
Disposal Zone(s)
C-FER/NPEL
Oilfield Water Management Vision
LakeorRiverOutlet
Cap rockOil Leg
Water LegCap rock
Underlying Aquifer
DHOWS
Move toward“Ideal”
Just Produce
Oil
Contact Information
New Paradigm Engineering Ltd.10444 - 20 Avenue NWEdmonton, AlbertaCanada T6J 5A2
tel: 780.448-9195email: newparadigm@shaw.ca
web: www.newparadigm.ab.ca
Acknowledgements
C-FER Technologies IncParticipants in the Original DHOWS Development Schlumberger/REDA; Baker-Hughes/Centrilift Weatherford – PCPQuinn Pumps - Beam
Game-Changing Technology
for Oil Water Separation.
The RJOS High Efficiency Oil Water Separation System
May 2014
• Operating in Acheson, Alberta since 1998.
• Our objective is to develop innovative, cost-effective and environmentally sustainable technology based solutions.
RJ Oil Sands Inc
With our focus on green engineering and green chemistry values, our team of professionalshave developed game changing solutions for enhanced oil recovery from waste streams in theoil and gas industry. This focus led to the development of the RJOS High Efficiency Oil WaterSeparation System.
RJOS Technology
Our High Efficiency Oil/Water Separation Technology:
• Does not require heat or chemicals and will process at normal plantconditions.
• Does not rely on the differential in density between oil and water toeffect separation in oily water or slurry streams.
• Is fully automated and self adjusting to receive varying oil/water flowsand oil surges which means the system will not upset on changing oilcontent in the feed.
At the heart of the RJOS High Efficiency Oil Water Separation System is thepatented Phase Separation Device. The device utilizes entrained anddissolved gas effectively separate oil and oil wet solids from process water.
To see an animated demonstration of the RJOS High Efficiency Oil Water Separation system demonstration go to www.rjoilsands.comand click on the Technology Tab.
• Research Oil/Water Separation & Treatment
• MFT/Middlings Research
• Drill Cuttings Research
• Drill Cuttings Research
Research & Development Timeline
• Bench Scale Tests at Acheson
• Bench Scale Tests at Acheson
• Design/Build of Shop Floor Unit
• Design/Build of Mid Scale Unit
• Design/Build of RJOS Pilot Unit 1• Research - client
site tests
• 3 month Pilot of High Pressure/High Temp at SAGD site.
• Design/Build of 1st RJOS Commercial Unit
• Design/Build of 1st RJOS Commercial Unit
Research & Development Timeline
• Design/Build of RJOS 2nd
Commercial Unit
• SAGD Research -client site tests
• Research –upgrader client site tests
• Design/Build of High Pressure High Temperature Unit
• Design/Build of High Pressure High Temperature Unit
• Design of RJOS 3rd & 4th
Commercial Units
• Research – slop oil treatment
• Research – heavy oil client site tests
• Design/Build of Twin Cell Mobile Unit
• Design/Build of Twin Cell Mobile Unit
RJOS Commercial Units
In August 2011, RJ Oil Sands and ourmanufacturing company EBBCOIndustrial Services designed, fabricatedand commissioned the 1st RJOScommercial oil water separation unitwith 300 m3 per hour flow throughcapacity.
In 2013 RJOS designed and built the2nd commercial oil water separationunit with 400 m3 per hour flowthrough capacity. This unit isinstalled at a SAGD facility and isdue to be commissioned in late2014.
High Pressure De-Oiling of SAGD Produced Water
RJOS reconfigured the design of the initial pilot unit into a high pressure, high temperature pilot skid thatwould allow de-oiling of produced water without reducing the temperature. The anticipated benefit tothe SAGD industry as a result of the high temperature RJOS system would include reduced capital andoperating costs, increased reliability, increased oil recovery and a substantial reduction in energyconsumption. The 3 month on site test has just wrapped up and reports will be out later this year.
RJ Oil Sands in partnership with Alberta Innovates- Energy & Environment Solutions (AIEES), PengrowthEnergy and Laricina Energy in partnership
RJOS Technology Applications
Convention Oil - Oil/Water Processing Applications:
• ASP Chemical Flood - Oil Water separation to facilitate water disposal, water recovery or reuse
• In-situ Heavy Oil Batteries - Oil/brine water separation to facilitate deep well brine injection
• Third Party Disposal Well - Recovery of oil from produced water for deep well injection.
• Enhanced Oil Recovery - Any enhanced oil recovery project - Higher percentage of oil can be sent to treatment resulting in increased sales oil production.
SAGD - Oil/Water Processing Applications:
• Highly efficient deoiling of process water for boiler or evaporator feed
RJOS Technology Applications
Oil Sands- Oil/Water Processing Applications:
The RJOS High Efficiency Oil Separation system has been shown to recover bitumen in :
• Middlings - Oil/water separation to facilitate bitumen recovery water recovery for reuse.
• Recycle Froth - Enhanced solids removal from raw froth to achieve higher quality bitumen.
Thin Fine Tails - Bitumen recovery from thin fine tails before deposit into tailings ponds.
MFT - MFT processing for bitumen recovery, water recovery for reuse and clean solids for reclamation.
For more information on RJ Oil Sands Inc Oil Water
Separation Technology
Contact:
Wade BozakVice President
OR Matt CampbellSales Manager
At 780-960-1223
Or View our Website at
www.rjoilsands.com
Clean Energy Technology Developmentfor Oil & Gas Industry
May 2014
Mac
hin
e #
1
Mac
hin
e #
2
Mac
hin
e #
3
Mac
hin
e #
4
Mac
hin
e #
5
Mac
hin
e #
6
Mac
hin
e #
7
Mac
hin
e #
8
Mac
hin
e #
9
Ma
chin
e #
10
Ma
chin
e #
11
Ma
chin
e #
12
Presented by: Dan Seto, President & CEO
What we do CircuitMeter has developed an affordable networked hardware/software
platform which can monitor every electrical circuit across the customers global operation to provide continuous metering and historical analytics.
Milestones Founded: 2009 Investors: MaRS Cleantech Fund Product: Manufactured in Canada Approvals: UL, CSA and CE Certified Launched: September 2013 Customers: Major Accounts (include Walmart, Pepsi, Tridel, Dalkia) Geography: Canada, USA, UK, Ireland, Georgia, Thailand IP: Patent pending technology Awards: ECR Award (2013), EcoLiving Award (2013)
CircuitMeter Overview
3Φ Voltage $50 per circuit
Circuit Level MeteringReal-time / Historical DataEnterprise / portfolio-wide
Easy InstallationUser Interface for all staffIntuitive and simple reporting
✔✔✔
✔✔✔
Installs – Direct and VARs
Installs Value Added Resellers
IndustrialApplications
Third Party DashBoard & Systems(via Application Programmers Interface)
Granular Data Provided thru Big Data
API
Installation on Electrical Panel
JBoxes
Voltage Sensor
Metering a Motor Control System
Web Meter
Voltage Sensor
JBoxes
Enterprise Head Office Portfolio Wide
Geography By Region By Building
Building Sections Section Types Tenant
Equipment Type ID
Electrical System Panel Breaker Phases
Continuous Real-Time Analysis
(Every 10 Seconds)
Multi-Level Info. + Real Time Information
+Energy DataConsumptionReal PowerAmperageVoltsPower FactorReactive PowerApparent PowerOutside Temperature & Humidity
Filter by: Data: Energy Consumption Group: Equipment ID x Hour Date: Specific Date (yesterday) Time: 12 hour shift Location: Single Building Equipment Production Line 1
Equipment “Production Line” View
Application: Industrial Market
Equipment “Production Line” Report
Machine#1
Machine#2
Machine#3
Machine#4
Machine#5
Machine#6
Machine#7
Machine#8
Machine#9
Machine#10
Machine#11
Machine#12
Hourly
Energy Consumption by Production Line on Hourly Basis
Filter by:Data: Energy ConsumptionView: 4 BuildingsGroup: Days of the WeekDate: Year to Date
Harnessing Performance – “What If Scenarios”
16M Data PointsIn less than 2 seconds
Powerful Real-time Notifications
Alert
Application: All Markets
Real-time Notifications: Examples
Establish a maintenance alert with a motor operates for greater then X hours OR if the motor exceed normal operating AMPs
Identify an HVAC unit that is operating greater than X% compared to all other HVAC units operating at the same time.
Repeating alert if the compressor on a freezer has not turned over a period of time
By combining the circuits of underground exhaust fans with the garage door opening/closing, send an alert when the exhaust fans are not working
Four Ways This Technology Excels
SUB-METERING
OPERATIONS AND ANALYTICS
MEASUREMENT & VERIFICATION
CORPORATE COMMUNICATION
CircuitMeter – Applications Examples
Building Owners and Managers
Building Owners and Managers
Operations and Analytics
Corporate Sustainability
Service CompaniesService Companies Measurement and Verification
Preventative Maintenance
Sub-metering Facilities
Sub-metering Facilities Energy Analysis Identify Energy
Patterns
Equipment Providers
Equipment Providers
Electricity Savings
Validate Performance
Industrial FacilitiesIndustrial Facilities Monitoring and Diagnostics
GHG Emission Reductions
BAS/Dashboard Providers
BAS/Dashboard Providers
Increased Data Granularity
Higher Value Services
Cost Advantage
Industrial Facility 1,000,000 sq. ft
Motors / Production Lines(3 Phase, 200A – 400A)
64 (192 circuits)
Annual Energy Cost $3,500,000
OtherSub-Meters
CircuitMeter
Number of Meters 64 6
Total Equipment Cost $192,000 $50,000
Software / Service Cost $80-100K $2K /Yr
Consulting / Personal Cost $$$$ $
Application: Industrial75% Savings on Metering Equipment Costs & Service
Progress Summary
Patent Pending Technology
UL, CSA and CE approved
Installs in major accounts
Financed by MaRS Venture
Capital Fund
Opportunities
Upstream O&G Pilot Site
Government of Alberta for sub-metering
demonstrations
Expanding the CircuitMonitoring Platform for
fluids monitoring
Other…
Mac
hin
e #
1
Mac
hin
e #
2
Mac
hin
e #
3
Mac
hin
e #
4
Mac
hin
e #
5
Mac
hin
e #
6
Mac
hin
e #
7
Mac
hin
e #
8
Mac
hin
e #
9
Ma
chin
e #
10
Ma
chin
e #
11
Ma
chin
e #
12
Dan Seto, President & CEOTel: 888-350-1790 X.101Email: dan.seto@circuitmeter.com
May 2014
TSX‐V: SYD
Transforming a Canadian Space Invention Into a Cleantech Business
2
MOPITT Instrument
• Canadian Space Agency & University of Toronto
• NASA satellite Terra launched in 1999• >$40 million to develop
MOPITT Instrument
MOPITT Instrument
May – Aug 2000 CO distribution
The Idea in 1998
If MOPITT can detect methane from earth orbit, it should be possible to do it from a helicopter close to the ground.
realSens Equipment
realSens Equipment
realSens Equipment
Our Mission
Provide Asset Condition Intelligence to Pipeline Operators in order to:• Minimize Corporate Liabilities
• Improve Operating Results
• Minimize Environmental Impacts
• Improve Safety
9
10
• Provide annually recurring services worldwide for:
• Gas and oil leak detection
• RoW Intelligence
How is this done?
realSensTM Passive Remote Sensing Solution
Patented GFCR detecting ethane (C2H6) or methane (CH4) in mid‐IR
Why Do We Do It?
• Aging pipeline infrastructure
• Pipelines leak, contribute GHG emissions
• Oil leaks are damaging the environment
• Gas leaks can be catastrophic
12
Example of Gas Emission Plume
Example of Existing Customers
14
Keyera
Contact
Synodon Inc.6916 Roper Road
Edmonton, AB, T6B 3H9
Tel: 780.468.9568
www.synodon.com
Adrian Banicaadrian.banica@synodon.com
Tel: 780.468.9568 x32