Panel Green Launching Pad amazonaws com
Panel Green Launching Pad Panel Moderator A.R. (Venky) Venkatachalam Ph.D. Chair of Decision Sciences Department University of New Hampshire, Co Project Leader - Green Launching Pad
Positioning NH and UNH in the New Energy Economy
Dr. Venky Venkatachalam Professor & Chair Co-Project Leader, Green Launching Pad UNH
Founding Team Members Jesse Devitte, Borealis Ventures Kevin Gardner, UNH, CEPS Ross Gittell, UNH, WSBE
George Hurtt, Univ. of Maryland Richard Ober, NHCF Venky Venkatachalam, UNH, WSBE
Green Launching Pad •
Collaborative Partnership of Key Stakeholders
• Founded at the Intersection of Economic and Environmental Concerns – to Advance State Economy – and in Support of the State Climate Action Plan
November 1, 2011
www.GreenLaunchingPad.org
Green Jobs and NH Economy • It is an area of growth opportunity, especially, if tied to New England regional and UNH technological strengths • Can use green entrepreneurship to improve environment and economy at same time
November 1, 2011
www.GreenLaunchingPad.org
Five “E”s of GLP Economy
Education
Environment
Green Launching Pad
Entrepreneurship
November 1, 2011
Energy
www.GreenLaunchingPad.org
Green Launching Pad • A competitive grant program in energy technology commercialization that helps to achieve environmental and economic objectives • Grants assist teams to assess markets, and commercialize new products and services in highgrowth energy and energy efficiency markets. • Based at UNH with state and region-wide reach • Teams interested in engaging in technology commercialization efforts may apply for awards with or without faculty researchers November 1, 2011
www.GreenLaunchingPad.org
Green Launching Pad-- Process • Projects address commercialization of energy efficiency, energy conservation, renewable energy, sustainable energy projects, programs, services • Projects will result in: – Energy savings – Emission reduction – Business growth – Employment growth November 1, 2011
www.GreenLaunchingPad.org
Teams • Selection is on a competitive basis and done by Advisory Council Judges from industry, UNH and non-profit sector • Consist of entrepreneur, faculty, and students • Receive funding (up to $90K each) • Receive assistance in: – Accelerated business development – Mentorship and coaching from experts in scientific, technical, business, legal disciplines November 1, 2011
www.GreenLaunchingPad.org
First Round--GLP 1.0 • First Round Funding of $750K from ARRA-DOE funding with strong support from Governor’s Office • Program launched in February 2010 • More than 70 proposals received (expected 30) • Ten finalists identified for full proposals • Presentation by the finalists in April 2010 • Five Winning teams announced in May 2010 • More than 60 graduate and undergraduate students from UNH and Dartmouth applied for internships with GLP, 7 selected November 1, 2011
www.GreenLaunchingPad.org
GLP 1.0 • Roundtable meeting with the Governor in August 2010 • “Energetic Conversations Tours” held October 19-25, 2010 • Green Community Day on November 15, 2010
Winning GLP 1.0 Teams Profile • Green Clean Heat LLC, Newton Junction, NH • Brief Description: GCH designs and builds fully-integrated efficient Wood Fired Heating Systems for commercial, municipal, and industrial facilities.
November 1, 2011
www.GreenLaunchingPad.org
Winning 1.0 Teams Profile • Compressor Energy Solution, Inc., Bedford, NH • Brief Description: Compressor Energy Solutions (CES) improves energy efficiency of industrial compressed air systems, reducing electric consumption, and saving money while reducing upstream greenhouse gas emissions. November 1, 2011
www.GreenLaunchingPad.org
Winning 1.0 Teams Profile • Innovacene, Durham, NH • Brief Description: Innovacene manufactures high performing organic semiconductors (OSCs) for flexible organic photovoltaics (solar cells) and organic light emitting diodes (OLEDs, lighting and displays. November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 1.0 Teams Profile • Revolution Energy, LLC, Dover, NH • Brief Description: Revolution Energy develops renewable energy projects in New Hampshire using third-party financing and creative incentive leveraging.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 1.0 Teams Profile • EnerTrac, Inc. Hudson, NH • Brief Description: EnerTrac has developed Smart Metering Technology and a corresponding Monitoring Service that can reduce CO2 emissions by 30% or more.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • Second Round Funding of additional $750K from ARRA-DOE • Nearly 50 proposals received • Twelve finalists identified for full proposals • Presentation by the finalists in March 2011 • 6 Winning Teams announced on April 28, 2011 by Energy Secretary Chu, NH Governor Lynch, and UNH President Huddleston • More than 60 graduate and undergraduate students from UNH and Dartmouth applied for internships November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • • • • • •
SustainX Inc., Lebanon, NH Blue2Green LLC, Ashland, NH Holase, Inc., Portsmouth, NH New England Footwear LLC, Newmarket, NH Therma-HEXX LLC, Exeter, NH Walker-Wellington LLC, Portsmouth, NH
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • SustainX, Inc., Lebanon, NH • Brief Description: SustainX provides a new non‐toxic technology for low‐cost scalable (low-scale to grid-scale) energy storage.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • Blue2Green LLC, Ashland, NH • Brief Description: Blue2green will promote hydroelectric power production by restoring dams to produce renewable energy.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • Holase, Inc., Portsmouth, NH • Brief Description: Holase has developed self‐contained, solar‐powered LED traffic signal lights that are low‐cost and easy to set up and operate.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • New England Footwear LLC, Newmarket, NH • Brief Description: New England Footwear has developed a sustainable solution to footwear manufacturing and a way to revive shoe manufacturing in the region through new technologies. November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • Therma-HEXX LLC, Exeter, NH • Brief Description: Therma‐HEXX invented an invisible low‐cost solar collector and heat exchanger with a diversity of potential applications.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • Walker-Wellington LLC, Portsmouth, NH • Brief Description: Walker Wellington of Portsmouth has developed a hydrokinetic turbine power generation system which will capture and produce off‐grid renewable energy for on‐site use.
November 1, 2011
www.GreenLaunchingPad.org
What’s Next? GLP 3.0+ • Public and Private Partnership
• Public: – i6 Green Challenge (competitive grant from Energy, Commerce, and other agencies).
• Private: – Private business sponsors and foundations
November 1, 2011
www.GreenLaunchingPad.org
Green Launching Pad Visit www.GreenLaunchingPad.org
November 1, 2011
www.GreenLaunchingPad.org
Panel Members Adam Rauwerdink CEO SustainX Inc
Panel Members Robert Barmore Therma-HEXX LLC
Panel Members Mark Brassard Partner Blue2Green, LLC.
blue₂green: what we do • • • •
Acquire hydroelectric dams for clients Profitably market electricity Site renovation Day-to-day operations management
blue₂green: what we do • • • •
Acquire hydroelectric dams for clients Energy sales Site renovation Day-to-day operations management
Existing Undeveloped Hydro New Hampshire 63 Sites New England 371 Sites
Abundant energy… If 63 of the existing, undeveloped dams were brought on-line, we can power over 32,000 New Hampshire homes!
Existing Undeveloped Hydro National 54,000 Unused Dams 59 Trillion kWh/year
blue ₂green success! • • • • • •
1st dam on-line now! 2nd dam next month 1.2 million kWh/year 165 Ashland homes $200,000 into economy Created local jobs
blue ₂green success! • • • • • •
One dam on-line! 2nd dam next month 1.2 million kWh/year 165 Ashland homes $200,000 into economy Created local jobs
blue ₂green success! • • • • • •
One dam on-line! 2nd dam next month 1.2 million kWh/year 165 Ashland homes $200,000 into economy Created local jobs
Average Cost to Produce Electricity ($/MWh) $350.00 $311.80 $300.00
$243.20
$250.00 $210.70 $200.00
$150.00 $112.50 $100.00
$86.40
$50.00 $15.40 $-
$94.80
$97.00
$101.70
$113.90
Hydro: the cleanest energy source No exotic chemicals, compounds No fossil fuels No toxic waste No emissions Not carbon-neutral…carbon-free!
Clean energy… 63 NH Dams Online 484,936,200 pounds of carbon removed
• No addition to footprint • No emissions
1,778,099,400 pounds of CO₂ removed (yes, that’s a trillion!) 1/5 closer to 25 X ‘25
Jobs for the Millennium
Creating jobs. Driving Economic Development
Positioning NH and UNH in the New Energy Economy
Dr. Venky Venkatachalam Professor & Chair Co-Project Leader, Green Launching Pad UNH
Founding Team Members Jesse Devitte, Borealis Ventures Kevin Gardner, UNH, CEPS Ross Gittell, UNH, WSBE
George Hurtt, Univ. of Maryland Richard Ober, NHCF Venky Venkatachalam, UNH, WSBE
Green Launching Pad •
Collaborative Partnership of Key Stakeholders
• Founded at the Intersection of Economic and Environmental Concerns – to Advance State Economy – and in Support of the State Climate Action Plan
November 1, 2011
www.GreenLaunchingPad.org
Green Jobs and NH Economy • It is an area of growth opportunity, especially, if tied to New England regional and UNH technological strengths • Can use green entrepreneurship to improve environment and economy at same time
November 1, 2011
www.GreenLaunchingPad.org
Five “E”s of GLP Economy
Education
Environment
Green Launching Pad
Entrepreneurship
November 1, 2011
Energy
www.GreenLaunchingPad.org
Green Launching Pad • A competitive grant program in energy technology commercialization that helps to achieve environmental and economic objectives • Grants assist teams to assess markets, and commercialize new products and services in highgrowth energy and energy efficiency markets. • Based at UNH with state and region-wide reach • Teams interested in engaging in technology commercialization efforts may apply for awards with or without faculty researchers November 1, 2011
www.GreenLaunchingPad.org
Green Launching Pad-- Process • Projects address commercialization of energy efficiency, energy conservation, renewable energy, sustainable energy projects, programs, services • Projects will result in: – Energy savings – Emission reduction – Business growth – Employment growth November 1, 2011
www.GreenLaunchingPad.org
Teams • Selection is on a competitive basis and done by Advisory Council Judges from industry, UNH and non-profit sector • Consist of entrepreneur, faculty, and students • Receive funding (up to $90K each) • Receive assistance in: – Accelerated business development – Mentorship and coaching from experts in scientific, technical, business, legal disciplines November 1, 2011
www.GreenLaunchingPad.org
First Round--GLP 1.0 • First Round Funding of $750K from ARRA-DOE funding with strong support from Governor’s Office • Program launched in February 2010 • More than 70 proposals received (expected 30) • Ten finalists identified for full proposals • Presentation by the finalists in April 2010 • Five Winning teams announced in May 2010 • More than 60 graduate and undergraduate students from UNH and Dartmouth applied for internships with GLP, 7 selected November 1, 2011
www.GreenLaunchingPad.org
GLP 1.0 • Roundtable meeting with the Governor in August 2010 • “Energetic Conversations Tours” held October 19-25, 2010 • Green Community Day on November 15, 2010
Winning GLP 1.0 Teams Profile • Green Clean Heat LLC, Newton Junction, NH • Brief Description: GCH designs and builds fully-integrated efficient Wood Fired Heating Systems for commercial, municipal, and industrial facilities.
November 1, 2011
www.GreenLaunchingPad.org
Winning 1.0 Teams Profile • Compressor Energy Solution, Inc., Bedford, NH • Brief Description: Compressor Energy Solutions (CES) improves energy efficiency of industrial compressed air systems, reducing electric consumption, and saving money while reducing upstream greenhouse gas emissions. November 1, 2011
www.GreenLaunchingPad.org
Winning 1.0 Teams Profile • Innovacene, Durham, NH • Brief Description: Innovacene manufactures high performing organic semiconductors (OSCs) for flexible organic photovoltaics (solar cells) and organic light emitting diodes (OLEDs, lighting and displays. November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 1.0 Teams Profile • Revolution Energy, LLC, Dover, NH • Brief Description: Revolution Energy develops renewable energy projects in New Hampshire using third-party financing and creative incentive leveraging.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 1.0 Teams Profile • EnerTrac, Inc. Hudson, NH • Brief Description: EnerTrac has developed Smart Metering Technology and a corresponding Monitoring Service that can reduce CO2 emissions by 30% or more.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • Second Round Funding of additional $750K from ARRA-DOE • Nearly 50 proposals received • Twelve finalists identified for full proposals • Presentation by the finalists in March 2011 • 6 Winning Teams announced on April 28, 2011 by Energy Secretary Chu, NH Governor Lynch, and UNH President Huddleston • More than 60 graduate and undergraduate students from UNH and Dartmouth applied for internships November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • • • • • •
SustainX Inc., Lebanon, NH Blue2Green LLC, Ashland, NH Holase, Inc., Portsmouth, NH New England Footwear LLC, Newmarket, NH Therma-HEXX LLC, Exeter, NH Walker-Wellington LLC, Portsmouth, NH
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • SustainX, Inc., Lebanon, NH • Brief Description: SustainX provides a new non‐toxic technology for low‐cost scalable (low-scale to grid-scale) energy storage.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • Blue2Green LLC, Ashland, NH • Brief Description: Blue2green will promote hydroelectric power production by restoring dams to produce renewable energy.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • Holase, Inc., Portsmouth, NH • Brief Description: Holase has developed self‐contained, solar‐powered LED traffic signal lights that are low‐cost and easy to set up and operate.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • New England Footwear LLC, Newmarket, NH • Brief Description: New England Footwear has developed a sustainable solution to footwear manufacturing and a way to revive shoe manufacturing in the region through new technologies. November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • Therma-HEXX LLC, Exeter, NH • Brief Description: Therma‐HEXX invented an invisible low‐cost solar collector and heat exchanger with a diversity of potential applications.
November 1, 2011
www.GreenLaunchingPad.org
Winning GLP 2.0 Teams Profile • Walker-Wellington LLC, Portsmouth, NH • Brief Description: Walker Wellington of Portsmouth has developed a hydrokinetic turbine power generation system which will capture and produce off‐grid renewable energy for on‐site use.
November 1, 2011
www.GreenLaunchingPad.org
What’s Next? GLP 3.0+ • Public and Private Partnership
• Public: – i6 Green Challenge (competitive grant from Energy, Commerce, and other agencies).
• Private: – Private business sponsors and foundations
November 1, 2011
www.GreenLaunchingPad.org
Green Launching Pad Visit www.GreenLaunchingPad.org
November 1, 2011
www.GreenLaunchingPad.org
Panel Members Adam Rauwerdink CEO SustainX Inc
Panel Members Robert Barmore Therma-HEXX LLC
Panel Members Mark Brassard Partner Blue2Green, LLC.
blue₂green: what we do • • • •
Acquire hydroelectric dams for clients Profitably market electricity Site renovation Day-to-day operations management
blue₂green: what we do • • • •
Acquire hydroelectric dams for clients Energy sales Site renovation Day-to-day operations management
Existing Undeveloped Hydro New Hampshire 63 Sites New England 371 Sites
Abundant energy… If 63 of the existing, undeveloped dams were brought on-line, we can power over 32,000 New Hampshire homes!
Existing Undeveloped Hydro National 54,000 Unused Dams 59 Trillion kWh/year
blue ₂green success! • • • • • •
1st dam on-line now! 2nd dam next month 1.2 million kWh/year 165 Ashland homes $200,000 into economy Created local jobs
blue ₂green success! • • • • • •
One dam on-line! 2nd dam next month 1.2 million kWh/year 165 Ashland homes $200,000 into economy Created local jobs
blue ₂green success! • • • • • •
One dam on-line! 2nd dam next month 1.2 million kWh/year 165 Ashland homes $200,000 into economy Created local jobs
Average Cost to Produce Electricity ($/MWh) $350.00 $311.80 $300.00
$243.20
$250.00 $210.70 $200.00
$150.00 $112.50 $100.00
$86.40
$50.00 $15.40 $-
$94.80
$97.00
$101.70
$113.90
Hydro: the cleanest energy source No exotic chemicals, compounds No fossil fuels No toxic waste No emissions Not carbon-neutral…carbon-free!
Clean energy… 63 NH Dams Online 484,936,200 pounds of carbon removed
• No addition to footprint • No emissions
1,778,099,400 pounds of CO₂ removed (yes, that’s a trillion!) 1/5 closer to 25 X ‘25
Jobs for the Millennium
Creating jobs. Driving Economic Development
