zinc air inc brochure

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Zinc Air Inc Brochure

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Page 1: Zinc Air Inc Brochure
Page 2: Zinc Air Inc Brochure

MontanaMontana remains one of the most majestic and pristine

places on earth. Conservation is not a political statement but

a way of life. We care deeply about our precious resources

because so many of us make our living off the land.

Wasting anything is not permissable – and we especially cannot

tolerate that 57% of the world’s energy produced goes unused.

The Flathead Valley provides an atmosphere that promotes

a lifestyle conducive to attracting and retaining quality talent

that is dedicated to our mission of completely changing the

world of energy into one that is reflective of the way we

live every day. Our storage technology not only delivers on

that promise but it is a platform to rethink grid stability and

energy delivery. And, in Montana, this is what we are about.

Zinc Air Incorporated (ZAI)ZAI exists to fulfill Edison’s vision of providing reliable and

plentiful storage to the world. We have leveraged simple, clean

and efficient energy storage technology which was developed

under corporate and the Department of Energy sponsorship.

We are bringing our battery to market to fundamentally and

permanently change the reliability, stability and efficiency of the

existing electrical grid. We are located in the Flathead Valley of

Montana, just miles from the entrance to Glacier National Park.

We have brought together a world-class team of scientists,

engineers and business professionals to change the paradigm of

how we currently generate, distribute and consume energy. Through

cost-effective battery storage, we can facilitate the integration

of renewable energy and increase the efficiency of existing

infrastructure, improving the quality of life for seven billion people.

GLACIER NATIONAL PARK, MONTANA

“When we learn how to store electricity, we will cease being apes ourselves.” Thomas Edison, 1910

Page 3: Zinc Air Inc Brochure

Storing and Delivering Tomorrow’s Energy

Technology Commercialization

We have spent three years refining an exceptional technology and

making it a viable, commercial product ready for deployment. We

have been able to rapidly develop a commercial-grade solution

by partnering with leaders in adjacent industries, and leveraging

existing technologies, materials and components.

ZAI is working with some of the most established and respected

corporations and industry professionals to ensure the highest

quality and most reliable delivery. This includes our contract

manufacturer, Celestica, which is a $7 billion/year, tier-one

player providing world class technical expertise supporting our

quality standards and projected growth. This positions us well to

compete in the short term as well as meet the rapid growth in

the coming years.

Ready For Deployment

We have met with hundreds of prospective renewables clients

in addition to utilities, transmission developers and corporate

clientele. Our extensive research has provided us a clear view

of the market trends, needs, and concerns. Our go-to-market

strategy focuses on early adopters where battery storage provides

a clear and defined economic benefit. With many states facing

renewable energy portfolio standards, we have found many wind

and solar developers looking to storage as a solution to provide

firmed renewable energy to the grid and distributed communities.

Corporations are also instituting green initiatives in which battery

storage can play a key role through peak demand reduction,

improved power quality and integration of distributed renewables.

Finally, utilities are facing closures of many dated and inefficient

power plants. Many utilities see battery storage as a key asset in

their future portfolios.

Battery Storage

Renewables are challenged to work on a stand-alone basis,

we have an aging grid that looms as a potential devastating

financial catastrophe and we currently waste more than 50% of

all the energy produced. Battery storage stands as a solution to

improve the performance of existing utility assets and renewable

energy installations, and this will facilitate global infrastructure

development towards a more sustainable energy future.

Through cost effective storage, we can dramatically improve

the imbalance of supply vs. demand and remove the direct

link between generation and demand that exists today. By

making better use of the energy generated today, we can lower

greenhouse gas emissions, reduce the need for inefficient natural

gas peaker plants, and seamlessly integrate renewable energy.

Zinc Redox – R & D

Our Zinc Redox technology was originally developed under DOE

and corporate sponsorship. The technology underwent ten years

of foundational research and development, which provided key

insights to electrochemical performance, material compatibility,

and design improvements for manufacturability. More than $10

million was spent establishing the scientific and economic merits

of our Zinc Redox technology.

The key differentiators of this technology lie in its safety,

abundance of its core raw materials, simplicity of design, and

the robust nature of our chemistry. The combination of these

factors allows ZAI to manufacture the battery using low cost and

readily available construction materials. The Zinc Redox battery

is designed to last 20+ years and provide the lowest life cycle

cost for any storage technology.

Storing and Delivering Tomorrow’s Energy

Page 4: Zinc Air Inc Brochure

Power Quality

Backup Power

Firming

Black Start

Islanding

VAR Support

Load Shifting

Asset Utilization

Demand Response

Demand Reduction

Ramp Control

Deferment of Transmission

Peak Shaving

Arbitrage

Ancillary Services

Load Shifting

The Markets We Serve

UTILITIES

The US wholesale power market has a number of immense

challenges before it; efficiency, reliability, and the security of

the electric power industry are areas of particular concern. To

expand the flexibility and capability of existing generation and

transmission assets, there has been a renewed emphasis on

energy storage. Energy storage technologies can act as “shock

absorbers” for the grid to improve efficiency and reliability.

We live in an on-demand energy world – electricity must be

produced when it is needed and used once it is produced.

Energy storage breaks this linkage by allowing for operators to

produce and store electricity for later use—as one would in other

commodity markets. This strategy has already been proven to be

successful in the natural gas industry. By optimizing the existing

generation assets, less capital is needed to provide a higher level

of service. By deploying batteries with existing generation assets,

you can increase utilization, efficiency, and economic returns.

COMMERCIAL & INDUSTRIAL

The global economy makes commercial and industrial resource

efficiency more important than ever. Today, industry uses batteries

for many applications to increase their competitiveness including

plant startup, emergency backup and power conditioning. With

large-scale storage, we can meet these needs in addition to

providing demand reduction, load shifting, backup generation,

and integration of distributed generation from renewables.

Many corporations in the United States and abroad are exploring

options to stabilize power consumption and reduce cost while

maintaining the reliability and quality of the power coming into

the plant. Target industries for battery storage include mining,

manufacturing, cold storage, warehousing and a rapidly growing

number of server farms supporting cloud Internet services.

RENEWABLE ENERGY

Renewables will be a key ingredient in moving our

dependence from carbon-emitting energy production

to clean energy. For the majority of nations without

endless petroleum reserves, energy storage is also

a matter of national security. While cost is the single

largest hurdle facing renewable energy, variability

and unpredictability also limit widespread adoption.

To the extent that demand for power does not coincide

with the renewable energy generation, storage can be

used to stabilize and balance the system. The

combination of renewables and storage is a winning

combination for residential, commercial, and utility

applications. In addition to matching demand

versus supply, batteries can be used to reduce the

size, scope and cost of renewable installations.

Some renewable projects are built to meet specific

power needs of a business or community. By

supplementing peak power requirements with

power from a battery, the project can be right-sized

to provide sufficient power with greater reliability.

Page 5: Zinc Air Inc Brochure

INTELLECTUAL PROPERTY

Zinc Air has established an impressive intellectual property

portfolio with 17 patents pending and six international PTC

applications. Recently, the company received notice that its first

patent application was allowed, which was critical to our planned

cost reductions in the near future. In addition to the filed patents,

the company continues to innovate with several additional patent

applications in process.

The company’s fundamental

patent filings cover all areas

including core chemistry, system

design and battery operation.

Several of our patent applications

are inter-locking providing

additional security of our entire

patent portfolio. The company’s

patent strategy is being led by its CTO, Ron Brost, PhD, who

headed up Ford’s Fuel Cell Patent Committee for eight years.

Ron is working closely with our patent counsel, Brooks Kushman,

P.C., to ensure the proper execution of our patent strategy and

intellectual property development.

FULL SIMULATION CAPABILITIES

1. Fluid Flow Simulations 4. Electrode model

2. Electrical / Thermal 5. Structural Models

3. Shunt current Modeling 6. Manufacturing

public safety and developmental setbacks have limited their

success and appeal. Another flow battery technology using Va-

nadium has seen limited success, due to the cost of the raw

material being rare and used in the production of steel. To meet

the requirements for widespread adoption, a battery must be:

• Low cost – Zinc Redox meets the critical price-to-

performance threshold

• Safe – Zinc Redox is the greenest battery solution with all

reactants being “sewerable.” The system operates at

ambient temperatures and is non-pressurized, non-toxic

and non-explosive.

• Scalable – Zinc Redox can be scaled up to 100’s of

Megawatts.

• Durable–ZincRedoxsystemexpectedlifespanis20years

with scheduled maintenance.

• Sustainable – Zinc Redox uses widely abundant and low

cost materials.

COMPETITION

Today, the most widely deployed storage technology is

pumped hydro. While pumped hydro is a proven and

low cost storage solution, its effectiveness is limited by

geography, transmission constraints and public opinion.

Even in the best case, this solution only represents a small

percentage of the storage market where hydro is possible.

Grid scale battery storage is coming to the forefront with many

companies entering the market to reach for the brass ring. Mature

technologies like lead acid, lithium and nickel metal hydride all

have a place in their respective areas of consumer electronics

and electric vehicles, but they do not translate to grid storage

due to their high cost, safety concerns and chemistry limitations.

For grid-scale applications, flow batteries are widely accepted as

the best solution based upon their ability to store large amounts

of energy decoupled from the amount of power they can produce.

With flow batteries, you can simply store more energy by building

larger storage tanks and pouring in more chemistry. There are

several competitors in the flow-battery field, but most of them

have failed to make their mark due to cost and the toxic/corrosive

nature of their chemistry. Zinc/Bromine, Zinc/Chlorine, and

Zinc/Cerium are currently being developed, but concerns for the

Batteries and The Impact To The Current Power Structure

Page 6: Zinc Air Inc Brochure

OUR TEAM

Dave Wilkins – CEO

25 years of proven management experience in

technology and manufacturing startup environments.

Peter Walters – PhD, COO

30+ years experience of bringing new technologies to market

with HP, Rockwell and Gigoptix, Philips and Wavetronix.

Ron Brost – PhD, CTO

Leader in battery and fuel cell development for Ford, CODA

Automotive and Delphi Automotive. Authored over 30

patents and conference papers.

John Lowell – VP Manufacturing and Product Development

Previously the General Manager of North America for Celestica.

25 years of experience putting new products in the market.

Craig Wilkins – Executive Vice President

25 years proven performance in the development and growth of

startup businesses in the communications and finance sectors.

Kevin Waldher – VP Business Development

25 years of financial expertise in the areas of real estate

acquisition/development and consumer finance.

Kirk Plautz – VP Sales

Sales and sales management professional with proven national

account experience in business to business transactions.

Greg Hayes – Marketing

25 years success track record in strategic communications,

public affairs and clean technology start-ups.

Jim Woolsey

Former CIA Director

Jigar Shah

Former CEO of SunEdison and The

Carbon War Room.

Neil Livingstone

CEO Executive Action

Roger Ballentine

Former senior member of Clinton’s White House

Climate Change Task Force.

David Green

30 years experience. Former Chief Marketing Officer

for McDonalds.

Matt Cheney

Director of CleanPath Ventures and former CEO of

Fotowatio Renewable Ventures.

Jim Mayer

Former Vice President of Citigroup Global Markets

Jim Aivalis

Former CEO of ThruBit and 28 years experience in the

upstream oil and gas industry.

Roger Hollandsworth, PhD

Original engineer on Zinc Redox development team.

40 years with Lockheed Martin.

Robert Selman, PhD

Original engineer on Zinc Redox development team.

25+ years at Illinois Institute of Technology.

John Cooper, PhD

30+ years with Lawrence Livermore and expert on zinc morphology.

Jacob Jorne, PhD

Professor of ChemE at University of Rochester.

Considered a pioneer of flow batteries.

Ken Huber

Former consultant at PJM Interconnections applying

storage to smart grid.

Joseph Monkowski PhD

CEO of Pivotal Systems which builds advanced plating

measurement devices.

Jerry Elwood PhD

Former Director of Climate Change Research Division of

DOE and 23+ years with Oak Ridge National Laboratory.

Vern DeWitt

40+ years of plastics expertise. Former President of

Webster Plastics.

The Company has assembled a world-class Board of Advisors including the scientists with extensive experience in zinc chemistry,

electrochemistry and innovative engineering solutions. The Business Advisory Board is comprised of proven leaders in the renewable,

manufacturing, military and utility sectors.

ZAI TEAM

TECHNICAL ADVISORY BOARDBUSINESS ADVISORY BOARD

Page 7: Zinc Air Inc Brochure

5314 US Highway 2 WestColumbia Falls, MT 59912

TEL: (406) 755-ZINC (9462)www.zincairinc.com