1.
The benefits of smart grid technology for buildings, Cities and sustainability<br />

2.
Where We Are Today?<br />Just like IT and telecom, our energy network is on the cusp of a paradigm shift – led by advanced technology, networked devices, and informed consumer choice. <br />Power Grid<br />Information Technology<br />Telecommunications<br /><ul><li>Viridity founded to give new info and technology to consumers

3.
March 2011 FERC ruling: a MW generated is financially equivalent to a MW conserved NEGAWATT = MEGAWATT

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Consumer-led demand reductions lead to lower power prices—interesting politics</li></ul>2<br />

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The Existing Grid is a “one-way street”<br />Supply <br />Demand<br />Industrial<br />Local<br />Utility<br />Residential<br />IPP<br />Transmission Substation <br />Generators<br />Commercial<br />Distribution<br />Substation<br />Renewables<br />The grid must continuously balance production and consumption<br />6/10/2011<br />3<br />Highly Confidential<br />

6.
RTO/ISO Markets Serve in Excess of 80% of North American Power Customers<br />

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11/04/2009<br />Highly Confidential<br />5<br />Congestion, Grid Reliability<br />CRITICAL CONGESTION AREA <br />

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The Power Grid of the Future requires advanced tools to coordinate distributed energy resources<br />The Smart Grid is a <br />Two Way Street <br />Global proliferation of distributed energy resources:<br /><ul><li>Distributed generation

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Distributed storage

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Controllable load</li></ul>Clusters of these distributed resources organized in microgrids<br />4/26/2011<br />6<br />© 2011 Viridity Energy Inc. All Rights Reserved<br />

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Traditional Demand Response is a Directed Action<br />to Minimize Stress on the Grid<br />RTO MarketsGrid Operators<br />Wholesale Physical MarketsRegulatory agency: FERC<br />Generation<br />Transmission<br />Buy<br />Distribution Utilities<br />Retail Energy Suppliers<br />Sell<br />Load <br />Control <br />Retail MarketsRegulatory agencies: states<br />7<br />7<br />© 2011 Viridity Energy Inc. All Rights Reserved<br />4/26/2011<br />

12.
Viridity Energy’sDemand Optimization (vs. Traditional Demand Response) integrates controlled load into real time market operations as a virtual power resource (a closed loop system)<br />RTO MarketsGrid Operators<br />The Wholesale Markets Establish the Real Time Price<br />Buy<br />Generation<br />Transmission<br />Sell<br />Distribution Utilities<br />Retail Energy Suppliers<br />The Value of Customer Energy Resources are Enhanced when Integrated into the Real Time Dispatch<br />Sell<br />8<br />8<br />© 2011 Viridity Energy Inc. All Rights Reserved<br />4/26/2011<br />

13.
Leveraging a Building for Energy Savings and Revenues <br />Efficiency - Reduction of KW consumption per square foot over all hours<br />Demand Response – The ability to reduce consumption in response to a utility request <br />Dynamic Demand Optimization – The automated and continuous active management of building load from the power grid in reaction to real time prices while ensuring that tenant comfort, sustainability and productivity concerns are addressed. <br />1/20/2010<br />Confidential<br />

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Economic Value to the Market<br />10<br />

15.
Benefits of DR to PJM Customers <br />Quantity of fuel displaced by voluntary load reductionduring peak usage periods 1 August 2006 through 4 August 2006<br />1,367 Tons<br />15,855 Barrels<br />227,965 MCF<br /><ul><li>Coal

16.
Heavy Oil

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Natural Gas</li></ul>$5 million = direct payout to DSR instead of additional generation dispatched at higher price.<br />$650 million = indirect savings per day to system during the week from DSR through lower marginal clearing prices<br />Source: PJM<br />6/10/2011<br />

18.
Drexel UniversityHagerty Library, Law Library, Law School(6% of Whole Campus Load)<br />Total Reduced - 622.83 kWh<br />Estimated Revenue -$101.28<br />Projected if Whole Campus Optimized - $1,838.19<br />*This is a representative weekday during the operational period of June-July 2010.<br />Reduction was achieved with a two-degree change.<br />

19.
Highly Confidential<br />13<br />Viridity/NYC Smart Grid<br />6 Identified Buildings, 4 TBD<br />Control Center<br />Middleware<br />Viridity Energy’s <br />Network Operations Center<br />Conshohocken, PA<br />VPowerTM<br />2 Buildings in Long Island City<br />CitiGroup<br />La Guardia <br />Community College<br />Lower Manhattan<br />2 Rudin & 1 Verizon<br />NYCEDC 3 Bldgs<br />Brooklyn Cruise Terminal,<br />Brooklyn Army Terminal,<br />Brooklyn Meat Terminal<br />New York ISO<br />Control Center<br />1/7/2010<br />

20.
SEPTA Recycled Energy & Optimization Project<br />1<br />Regenerative brake power charges battery<br />Viridity optimizes battery charge and discharge<br />2<br />Viridity integrates battery operation with PECO distribution system and PJM wholesale power market<br />3<br />PECO Power Grid<br />3<br />PJM Power Market<br />Benefits<br /><ul><li>SEPTA improves quality, saves money, cuts carbon

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SEPTA generates new income

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Region’s power grid more reliable, efficient, green</li></ul>© Viridity Energy 2010<br />

23.
Place-Based ‘Smart City’ Efforts -Cities are where Climate policy will be achieved<br />Austin Pecan Street Project neighborhood smart grid <br />Ft. Collins FortZednet zero energy district<br />Chicago/Charlotte Virtual Microgridsmart grid aggregation of commercial buildings <br />Philadelphia’s assets:<br />Greenworks Philadelphia<br />ARRA EnergyWorks Program<br />PECO Smart Grid/Act 129<br />GPIC<br />New York’s assets:<br />PlaNYC<br />Greater Green Buildings Plan<br />NYSEEC<br />NYSERDA<br />ConED<br />1/20/2010<br />Confidential<br />

24.
A smart grid vision for the future<br />Pro-sumers: Universities, hospitals, skyscrapers, and corporate campuses that use new technologies and information to make smarter, cost-effective choices about their energy use. <br />MicroGrids: Sites that combine distributed generation, onsite storage, and optimized energy use to improve energy security and reduce electricity bills.<br />A Sustainable Grid: through new technology and consumer action, a transmission network that delivers power more securely, more inexpensively, and more environmentally friendly. <br />16<br />

25.
Thank You.<br />