Solar/Fossil Hybrid Plants: Deploying Renewables by Leveraging Existing Energy Infrastructure Justin Raade, Ph. D CEO and Founder jraade@halotechnics. com 510 -547 -2634 1 CONFIDENTIAL © 2012 Halotechnics, Inc.
The Halotechnics story Halotechnics Saltstream technology solves a key bottleneck in reducing emissions from thermal power plants Dr. Justin Raade begins molten salt research at Symyx 2007 2008 $1. 5 million DOE grant awarded for molten salt R&D 2009 Breakthrough salt Halotechnics founded, mixtures discovered spins out of Symyx to commercialize products 2010 NSF SBIR grant awarded for CSP materials R&D 2012 2011 $4. 3 million from ARPA-E and NREL for advanced thermal storage R&D 2 CONFIDENTIAL © 2012 Halotechnics, Inc.
Rapid materials screening • Novel materials unlock the most significant advances in technology > Proprietary software and automated lab equipment > Can screen up to 100 mixtures/day > Screened over 20, 000 mixtures to date 3 CONFIDENTIAL © 2012 Halotechnics, Inc.
The sun is the ultimate source of energy 4 CONFIDENTIAL © 2012 Halotechnics, Inc.
Solar thermal hot spots United States: 5 GW solar thermal by 2020 Standalone solar with storage China: 1 GW solar thermal by 2015 Solar/coal hybrids Saudi Arabia: 25 GW solar thermal by 2022 Solar/gas hybrids Saltstream 700 enables advanced solar thermal power 5 CONFIDENTIAL © 2012 Halotechnics, Inc.
Saltstream 700 Reduce emissions and fuel consumption with solar energy • • Leverages existing turbine technology in today’s thermal power plants • Hybridize coal plants with supercritical steam from solar energy • 6 Solar thermal power turns the sun’s heat into electricity Hybridize natural gas plants by pre-heating combustion air with solar energy CONFIDENTIAL Saltstream 700 © 2012 Halotechnics, Inc.
China’s appetite for coal • Economic growth is Priority #1 • New coal plants deploying at 900 MW per week • China must clean up its coal Use solar thermal energy with Saltstream 700 7 CONFIDENTIAL © 2012 Halotechnics, Inc.
China solar resource High Low 8 CONFIDENTIAL © 2012 Halotechnics, Inc.
Current coal plants – 720, 000 MW 9 CONFIDENTIAL © 2012 Halotechnics, Inc.
Current coal plants – 720, 000 MW 2200 km transmission line to connect the sun to the demand 10 CONFIDENTIAL © 2012 Halotechnics, Inc.
Current coal plants – 720, 000 MW In 5 years 11 CONFIDENTIAL © 2012 Halotechnics, Inc.
Current coal plants – 720, 000 MW In 5 years In 10 years 12 CONFIDENTIAL © 2012 Halotechnics, Inc.
Hybrid solar/coal plants Saltstream 700 620 °C steam COAL • 13 CONFIDENTIAL Steam turbine Saltstream 700 enables solar generated steam at full quality – no compromise © 2012 Halotechnics, Inc.
Saudi Arabia must conserve oil for export • Most electricity comes from burning oil – cheap power, but huge opportunity cost • Power generation capacity to double by 2020 • Saudi Arabia must stretch its gas to conserve its oil for export Use solar thermal energy with Saltstream 700 14 CONFIDENTIAL © 2012 Halotechnics, Inc.
Hybrid solar/gas plants Compressor Gas turbine EXHAUST AIR • 15 Saltstream 700 preheats combustion air and reduces natural gas consumption CONFIDENTIAL GAS Saltstream 700 © 2012 Halotechnics, Inc.
k. W 5 5 k. W System validation of Saltstream 700 HOT TANK • • 16 Lab scale thermal storage system (30 k. Wh, 300 kg salt) Funded by $1 million NREL Sun. Shot Incubator award CONFIDENTIAL © 2012 Halotechnics, Inc.
Solar/Fossil Hybrid Plants: Deploying Renewables by Leveraging Existing Energy Infrastructure Justin Raade, Ph. D CEO and Founder jraade@halotechnics. com 510 -547 -2634 17 CONFIDENTIAL © 2012 Halotechnics, Inc.
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