Odin Energy is a clean technology startup that wants to make renewable energy more practical.
Odin Tower takes advantage of Bernoulli effect to generate more power from the same winds than existing small wind systems do.
Odin Tower can be a great solution for mini and micro grids.
4. 860 m
Population without
electricity
(Source: IEA)
19.4%
electricity % in final
energy consumption
(Source: IEA)
140 m
Predicted # of electric
vehicle in 2030
(Source: IEA)
Problem - We need more electricity
4
5. 7 m
Premature deaths due
to air pollution
(Source: WHO)
2.6 bn
People without access
to clean cooking
(Source: IEA)
10.4%
% of renewable in total
energy consumption
(Source: IEA)
Problem - We need cleaner energy
5
7. Grid investments & costs
Macro Grid problems
Electricity loss from grid
Transmission and distribution loss (2014)
• Congo 45%
• India 19%
• Mexico 14%
• Indonesia 9%
• France 6%
• USA 6%
• China 5%
• Korea 3%
• World 8% Source:The World Bank 7
8. Solar Problem - Needs large land area
Source:
https://www.hankookilbo.com/Ne
ws/Read/201908211279061500
8
9. Solar Problem – low generation efficiency
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
Hydroelectric Wind Solar PV Solar Thermal
Capacity Factors for Utility Scale Generators (USA)
Source: U.S. Energy Information Administration 9
10. Solar Problem – panel material issues
• Solar panels use lead, cadmium,
and other noxious chemicals
• Glass from PV is hard to recycle
due to these materials
• Burying solar panel wastes can
make toxic materials to permeate
the soil
10
11. Wind Problem – ineffective use of wind
• Current wind power does not fully utilize
energy of turbulent winds
• Actual wind can be turbulent, not
laminar flows that blow in multiple
directions
• Turbulent winds cause fatigue of the
wind system, leading to failures
• Current wind systems cannot generate
power with a weak wind
Laminar vs. Turbulent flows
11
12. Wind Problem – noise, vibration
“The Germans fighting wind farms close to
their homes” (DW.com, 2019-11-26)
•"when strong winds push the rotors at full speed to
generate electricity, they make a continuous
whooshing sound like faraway planes flying by."
•"Economy Minister Peter Altmaier drafted a law this
month that would require new turbines to be built
at least 1,000 meters from a residential area, defined
as being made up of at least five houses."
•“… could reduce the already limited space that can
be used for wind farms by 20% to 50%”
12
https://youtu.be/Mk5zMxYVca0
13. Wind Problem – frequent failures
• Mechanical failures at least once in 1 to 2
years
• Vibration due to the high pole
• Some systems fail more than 10 times
a year
• At least a few days to repair the system
• It takes longer if components come
from overseas
13
14. Wind Problem – bird strikes
U.S. Fish & Wildlife Service
• “… bird deaths from turbine collisions
are between 140,000 and 500,000 birds
per year.”
• “As wind energy capacity increases …
mean bird deaths resulting in collisions
with turbines could reach 1.4 million
birds/year.”
Source: https://www.fws.gov/birds/bird-enthusiasts/threats-to-
birds/collisions/wind-turbines.php
14
16. Odin innovation – better utilization of winds
Bernoulli principle-based
structure
• Wind becomes faster
entering the tower
• Can generate with
slower winds
• Larger power created at
the same-speed wind
• Turbulent flows become
laminar flows on entering
16
17. Odin innovation – stacked tower
Tower built by floor
• Install capacity to suit purpose
• 10KW to 1MW per tower
• Diameter from 10m to 36m
• Repair failed floor, operating the others
• Solar panels can be put on top and sides
• Bird strike is rare thanks to visible tower
• Lower floors can be used for various
purposes
17
18. Odin innovation – robust structure
Turbine fastened up and down
• Low vibration and noise
• Can generate with strong wind
• Low failure rate
18
19. Odin Tower can generate 4x electricity as
regular small wind systems
Wind speed Height effect*
Guide wall
effect**
Output
electricity***
12 regular small wind
turbines on land
1 - - 1
12-story Odin Tower 1 x1.25 x1.3 4.3
19
*Following Deacon equation
**Odin experiences, including Bernoulli effect
***Power output increases cubically with wind speed
20. Odin business model – product sales
and technology license
Technology
• Sell Odin system
modules
• License technology
• Provide consulting
Installation
• Build system using
Odin technology
• Partner with Odin
• Odin may do this for
early projects
Operation
• Operate electricity
generation
20
21. Odin system main modules
Generators
Blade arms Control Cabinets
Blades
21
22. Over 300 bn USD global market annually
296 318 298 284 289 308 312 310 308 311
0
100
200
300
400
500
600
700
800
900
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Global power investment (bn USD)
Electricity networks
Nuclear power
Fossil fuel power
Renewable power
Source: IEA
22
23. Technology development history
2007.09
Started R&D
2011.11
Started constructing
tower for field test
2013.12
Founded Odin Energy
2015.10
Validated power output
with and without Odin
structure (Korea Testing
& Research Institute)
2017.09
Validated power output,
wind augmentation
effect, noise (Jeju Energy
Corporation)
2017-12
Finalized validations
23
24. Technology IP and recognition
Patents
• 118 patents filed in 57 countries. 57 registered
• 6 Korean patents registered
Award & certification
• Renewal energy award (2016-10, Korean Ministry of Trade, Industry and
Energy)
• Climate Technology award (2017, Korean Ministry of Science and technology)
• Smart City technology award (2018-09, Korean Ministry of Land,
Infrastructure and Transport)
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