Growing Grid Capacity with Plug-in Cars
The Hidden Power Plant Network of the Future
Growing Grid Capacity with Plug-in Cars: The Hidden Power Plant Network of the Future
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Need: Greater Global Electric Grid Capacity
Barriers
• High cost of power stations and equipment
• Power plant licensing lead-time and cost
• Limited number of appropriate sites
High cost of Capex
•
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Solution: Alternative Power Generation
Alternative Sources - Tradeoffs
Solar
•
• Dependent on clear, sunny days
Wind
•
• Inconsistent and unpredictable power generation
Vehicle to Grid
•
• Predictable source of electricity
• Shared cost of capital (car owners/utilities)
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Electric Utilities See The Light
According to the Edison Electric Institute, the electric industry in the US plans to spend over $30B per year on new power generation.
• Renewable energy (particularly solar) is great for added capacity, but is not always available (e.g., cloudy days) although the peak availability is often during the peak load times (summer days).
• Wind Power has similar limitations.
• Makes sense to facilitate EV car owners to add capacity to the grid.
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
A No-Brainer
Dual KWH Storage
• Vehicle to Grid technology, enabling Electric Vehicles to transfer excess capacity to the network. The obvious answer to solving the power generation problem of today.
• 20KWH to 100KWH capacity range per EV Cars KWH per car will increase as battery technology improves.
• Dual use KWH storage.
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
The Capacity is Growing
Capacity
• Current projections from OPEC show that in 5 years, worldwide sales of electric vehicles will top 10,000,000 per year. In 10 years, they will exceed 30,000,000. (Source: Bloomberg New Energy Finance)
• Bloomberg New Energy Finance also projects that 530,000,000 cumulative electric cars will be sold by 2040.
• Exxon, BP and Statoil project that at least 100,000,000 EV cars will hit the road between 2030 and 2035.
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
How to Leverage This Rapidly Growing Resource?
Carbitrage
• A new business model using an enabling technology to motivate and reward the rapidly growing force of EV vehicle owners.
• 10,000 EVs will take the place of one power plant.
• EV Discharge Rate 4KWH to 10KWH per hour based on battery capacity and EV use
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Carbitrage Explained
A System To Leverage a Nearly Pre-Existing Infrastructure
• Facilitate Net Metering Application development with power companies to enable hook-up to EV vehicles). • Development of reimbursement program to assure EV owners will get paid (monthly) for electricity “up-loaded” to the grid priced at ISO current rates based on supply and demand. • The objective is to have a Net Metering ecosystem in place, so when vehicles leave dealers for the first time and arrive home, they are fully grid functional.
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Carbitrage is Already in Practice
Carbitrage is Today
• Vehicle to Grid is already underway as the solution for solving the power needs of the future, today.
• The government of Singapore projects 10,000 EVs will replace one power plant.
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Carbitrage: How to Implement
Key to Kite - A consultant with experience, industry knowledge and growing network of resources. We can facilitate the process for EV owners to offer their vehicles as an extended grid capacity right from the car dealer. We help make the case, why this makes sense for all parties in the ecosystem:
• How utilities can essentially build out a distributed battery farm with little or no capital investment or on-going maintenance costs.
• EVs charge during the day via regenerative breaking. They charge while parked at work or at home by being plugged into the grid. There is potential to regenerate power from shock absorbers.
• Renewable energy or electricity generated by power plants will be used to charge EV batteries.
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Key to Kite Revenue Generation
Revenue Generation
• The Key to Kite service is as Carbitragor. • Distribute Power to the Power Companies.
• The Create Whole Sale Power Elements to the ISOs.
• Arbitrage with ISOs.
• Pay Car Owners for Net Metering.
• Pay Dealers a small percentage for closing Carbitrage Contracts.
• Collect Revenue from Power Companies.
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Who Wins?
Car Owners
•
• They have the potential to monetize the storage capacity of their EV. • They have the potential to have their own, off-grid emergency power source. • They will get paid by the power companies for electricity which will can be used to pay for their cars.
• Car Manufacturers Will Sell More EV Cars
• Lowers Total Cost of Ownership for car purchasers.
• Potential for bundling service for the resale of energy for cash or tax credits.
Utilities
•
• Reduce capital expenditures on plant capacity. • Avoid long licensing and build cycles for power plants. • Provides Access to Alternative Power Source.
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Financials
Funding, Fees, Capital and Cost
Start-up funds Consulting fees
•
•
• Capital to build out EV arbitrage software application
• Cost to develop a retail car dealer network
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Sales and Marketing
Relationships with
• OEMs: Priority Ford, GM, Benz, BMW, Volvo, Nissan, Toyota, VW, Audi
• Major Power Companies
ISOs
•
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Management Team
Glenn Porter, Founder www.keytokite.com gdpor3811@aol.com (215) 850 3322
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
Confidentiality Disclaimer
• This presentation and information contained herein shall be kept confidential. This presentation has been prepared solely for the purpose of providing information on KeytoKite, our products and processes and to assist interested parties in evaluating whether to proceed with a potential transaction with KeytoKite. • By accepting this presentation, the recipient agrees it will not copy or distribute this presentation, in whole or in part, at any time to any party • This presentation is an expression of intent only, and no party will be legally bound to any other party in any respect until the parties have executed a definitive agreement. • Screen shots, links and other content displayed within the slides are subject to change and are conceptual in nature. without KeytoKite’s prior written consent.
(215) 850 3322
www.keytokite.com
glenn@keytokite.com
Copyright 2018 Key to Kite, Glenn D. Porter. All rights reserved.
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