Hawaiian Electric Modern Grid Technology and Leading Practices Workshop

Jesse Bryson

VP, Global Market Development

May 10, 2017

THE FUTURE OF THE GRID

AMS IS THE NEXT GENERATION BUILDING-TO-GRID ENERGY MANAGEMENT SYSTEM THAT DESIGNS, OPTIMIZES AND MANAGES BEHIND-THE-METER DISTRIBUTED ENERGY RESOURCES

PLATFORM PROVIDES MAXIMUM COST SAVINGS TO RETAIL END USERS AND CLEAN, COST EFFECTIVE GRID SERVICES TO ELECTRIC UTILITIES• Scalable and bankable Storage-as-a-Service model

• Transformative proprietary technology platform optimizes revenue generation from aggregated DERs

• Industry first 50 MW / 200 MWh utility capacity contract with SoCal Edison

• Executed agreements with The Irvine Company, California State University, Walmart, Invesco, Morgan Stanley, Shell and other high quality host customers

• Technology partnership with Tesla Energy to procure 500 MWh of Powerpacks

• Largest industry project financing of $200M with Macquarie Capital

• Projects deployed with an operating history of over a year

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Pre-AMS Elec (kW) Post-AMS Elec (kW)

Battery State (%) Battery In, Out (kW)

POWER

(kW

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PEAK DEMAND REDUCTION

ENERGY EFFICIENCYLOAD SHIFTING

UTILITY CAPACITY GRID SERVICES

Hybrid-Electric Buildings ®

AMS STRATEGYHARNESS VALUE OF WHOLE BUILDING LOAD

Universities

Hospitals

Commercial CampusFully-Dispatchable

Load Control

Pinpoint Locational Grid ValueUtility-Scale Aggregation

REAL TIME PORTFOLIO OPTIMIZATIONAggregated load centers continuously optimized to deliver full contracted capacity

to utilities, services to host customers and participate in market events

HOSPITALS WATER TREATMENT

INDUSTRIALS UNIVERSITIES LARGE COMMERCIAL

AIRPORTS

TARGETING KEY REPLICABLE VERTICALSLarge Load Centers with Complex Energy Needs