1 © 2018 Amber Kinetics. - Energy Cast · Amber Kinetics founded by Dr. Seth Sanders and Ed Chiao...

Our Products

2 © 2018 Amber Kinetics.

4-hour Discharge Duration

Solid Steel and Non-chemical

Modular and Scalable



Flywheel Array

Wind +

Solar

System overview


Rendering of Amber Kinetics 0.8 MW / 3.2 MWh M32 Array (0.4 acre)


Technical Specifications


M32 Specs

Nameplate Power 8 kW

Nameplate Energy 32 kWh

Discharge

Duration

4.0 hours

(minimum)

Efficiency

(round trip)*

> 86%

Daily Cycling

LimitationNone

Calendar Life** 30 years

Response Time < 1 sec

Cooling No HVAC required

Weight 10,500 lbs

* Measured at DC bus, includes self-discharge

** Assuming one full cycle per day

How the M32 flywheel charges and discharges


Full power achieved over full SoC range

>32 kWh and >4 hr discharge achieved

Flywheels can be used in many applications

12

Utility / IPP

“Front of the Meter”

• Capacity/Demand Charge

Reduction

• Energy Arbitrage

• Ancillary Services

• T&D Deferral

• Renewable + Storage

Commercial/Industrial

“Behind the Meter”

• Demand Charge

Reduction

• Energy Firming

• Backup Power

• Energy Arbitrage


Microgrids

• Capacity

• Energy Firming

• Backup Power


© 2018 Amber Kinetics.

Impressive Strides in Flywheel Technology

Other flywheels are designed for:

• <15 min duration

• Low $/W


Steel is the most cost-effective flywheel material for energy storage


• Energy storage is proportional to material strength

Material Strength Density

Cost /

Weight

Cost per

Strength Fabrication

MPa kg/m3 $/kg cents/Mpa

Steel 1400 7780 1 0.07Low-cost conventional metal

working

Glass

fiber1200 1200 3 0.25 Expensive composite processing

Kevlar


Carbon


Lowest figure of merit for

low-cost stationary storage

Summary of Operational Advantages vs Batteries

No degradation in power

No degradation in energy

Other Advantages:

• No daily cycling limitations

• Full power over full SoC range

• Zero variable O&M

• Highly accurate SoC measurement

• Not flammable

• Wide environmental temperature range

• No hazardous materials

• Steel is recyclable


Amber’s technology has been validated by two Independent Engineers Reports

16

Flywheel Energy

Storage Study

Independent Engineer

Report


Flywheel Energy Storage Study


“Lower levelized cost of energy storage

versus other technologies”

“Full charge and discharge power

available at all levels of charge”

“Can be cycled frequently with no

impact to performance”

“Significantly longer life”

“Minimal maintenance”

Recommendations“Based on the results of this study, it is

recommended that the FES System be

adopted into the SGIP program. The

assessment provides sufficient

information to demonstrate the flexibility

and capabilities of this technology.”


0

5

10

15

20

25

30

35

40

45

Jan-16 July Jan-17 July Jan-18 Apr

Flywheel Fleet: Over 50,000 hours run time

Ho

urs

(T

ho

us

an

ds

)


Gen3 prototype

© 2018 Amber Kinetics. 19

Our Economics


Higher Renewable Penetration Requires More Cycling

21

Sources: California Independent System Operator, U.S. Energy Information Administration, 2016. Net Load – January 11. Net load—the total electric demand in the

system minus wind and solar generation—represents the demand that CAISO must meet with other, dispatchable sources such as natural gas, hydropower, and

imported electricity from outside the system.

2012

2014

2016

2018

2020

18

20

22

24

26

28

30

32

34

12

am

1a

m

2a

m

3a

m

4a

m

5a

m

6a

m

7a

m

8a

m

9a

m

10

am

11

am

12

pm

1p

m

2p

m

3p

m

4p

m

5p

m

6p

m

7p

m

8p

m

9p

m

10

pm

Gig

aw

att

s

California Net Load “Duck Curve”Projections Show 2 Cycles Per Day


Amber’s Multiple Daily Cycles Generate More Revenue

22

Energy Arbitrage Value for 1 MW of StorageBased on 2016 PG&E LAP Prices

(Cumulative Aggregate Revenues)

$19,645

$21,677

$22,686

4th Hour 5th Hour 6th Hour

Source: Helman Analytics © 2018 Amber Kinetics.

$81,216

$95,107

$105,859

4th Hour 5th Hour 6th Hour

Amber’s Multiple Daily Cycles Generate More Revenue

23

Energy Arbitrage Value for 1 MW of StorageBased on 50%RPS (2026) CAISO Zonal Prices

(Cumulative Aggregate Revenues)Source: Helman Analytics © 2018 Amber Kinetics.

Lower Total Cost of Ownership Than Batteries


10 MW | 40 MWh - Total Cost of Ownership (20-yr NPV) ($ millions)

$15.0

$17.0

$19.0

$21.0

$23.0

$25.0

$27.0

$29.0

$31.0

1x Cycle / Day 2x Cycles / Day 2.5x Cycles / Day

Mill

ion

s

Flywheel Li-Ion Flow Battery

KESS economic

advantages v. Li-ion

increase with

utilization

Our Company


History of Amber Kinetics

26

2009:

Amber Kinetics

founded by

Dr. Seth Sanders

and Ed Chiao

Corporate Timeline

2010:

Awarded $3.6 million

DOE Grant

2012:

Amber completes 5

kW long-duration

KESS prototype

2013:

Amber completes

Series A round

primarily from

founding partners

2014:

Amber’s 25kWh

long-duration KESS

operational in

Alameda, CA test

facility

2015:

Amber signs

agreement with

Hawaii Energy

Excelerator

2016:

Amber signs supply

agreements with HECO,

Emerging Power, and

EEI

2016:

Amber completes

Series B round;

awarded $2.0m

CEC Grant

2016:

Amber deploys

two KESS units with

customers in the

Philippines

2017:

First commercial

supply agreements

with multiple global

customers

2017:

2-year technology

and development

agreement with Enel

2018:

Hawaii Electric and

China Solar +

Flywheel Demo

projects operational


2018:

Fleet reaches

50,000+ hours of

cumulative field

operations. Amber

completes Series C

round.

Co-Founders

27

Ed Chiao, Chairman & CEO

▪Prior to Amber, Mr. Chiao worked in utility-scale

solar development with Cleantech America

▪Education: B.S. degree in engineering from UCLA

Seth Sanders, Chief Scientist and Board Member

▪Professor of electrical engineering in the Electrical

Engineering and Computer Sciences Department at

UC-Berkeley

▪Education: B.S. in physics & electrical engineering,

and MS & PhD in electrical engineering from MIT


Winner: PV Magazine 2017 Tech Award


Winner: Frost & Sullivan

29

2018 North American

Alternative Energy Storage

Technology Innovation Award



PBS NOVASearch for the Super Battery

https://www.youtube.com/watch?v=a4McN9OYDwg&feature=youtu.be&t=40m10s

The Wall Street Journal


vv


NatureWorld’s Leading Scientific Journal

http://www.nature.com/nature/journal/v545/n7654_supp/full/545S13a.html

CBS - Sunday Morning ShowEngineers attempt to create better batteries


29 January 2017 https://www.youtube.com/watch?v=NtzdoaSkHJ8

Our Projects


Under ConstructionWest Boylston. Municipal Light Plant, Massachusetts

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• 16 flywheels (128 kW/512 kWh)

• Massachusetts ACES grant awarded in November 2017.

• AC coupled with West Boylston MLP’s existing 370 kW solar energy system.


2016 Philippines Pilot: Emerging PowerSubic Bay Area

36

Emerging Power & Amber teams with Model 25 pilot

installation at EPI Subic Bay solar plant



2016 Philippines Pilot: EEIMetro Manila


Hawaiian Electric Flywheel PilotCampbell Park Generating Facility, Oahu



Enel: Technology CooperationAmber Kinetics Central California Test Facility


China Solar + Flywheel Demo ProjectWestern China

ContactBill Golove, MBA/PhDVP Business [email protected]


1 © 2018 Amber Kinetics. - Energy Cast · Amber Kinetics founded by Dr. Seth Sanders and Ed Chiao...

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Transcript of 1 © 2018 Amber Kinetics. - Energy Cast · Amber Kinetics founded by Dr. Seth Sanders and Ed Chiao...