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RedOx Final NSF presentation

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RedOx Final NSF presentation

  1. Total Contacts: 96Red Ox’s Electrochemical Desalination Cell 1. desalinates brine, a waste product from oil & gas and other industries 2. generates electricity quietly and 3. produces bulk inorganics that can be sold as commodities.André Taylor (PI) David Kohn (EL) Tom Livingston (IM) National Science Foundation Innovation Corps Program May 23, 2012
  2. Problem:Saline brine.What is it?Water that is saltier than sea water.It is produced as a waste product of many industrialprocesses. 2
  3. Why is it a problem?Saline brine is:1. Environmentally harmful2. Heavily regulated3. Costly to treat and dispose of.
  4. What we thought1. Desalination 2. Oil and gas productionPhoto 1: Kay Bailey Hutchison desalination plant Photo 2: a hydraulic fracturing site nearin El Paso Tx. Morgantown Pa. 4
  5. What we did: 5
  6. What we learned: 1. Desalination 2. Oil and gas production Photo 1: Kay Bailey Hutchison desalination plant Photo 2: a hydraulic fracturing site near in El Paso Tx. Morgantown Pa.
  7. Key Partners Key Activities Value Customer Customer -R & D Propositions Relationships Segments-Manufacturers -Engineering -Turns waste cost -Service -Inland and coastal-Utilities customization into revenue -Customization desalination plants-Regulators -Decreased input -Link to value add -Industrial brine -Learn regulatory-Utility Commissions costs / volatility in industrial producers landscape -Quiet electricity ecosystem -Hydrofracking -Foster relationships -Inland and coastal on-site -Improve public operations with stakeholders desalination plants image -Hiring & retention -Industrial brine -Decreased liability -Chemical producers Key Resources -Better public Channels distributors -Hydrofracking image -Chemical End Users -People operations -Decreased -B2B marketing -Chemical Producers -Intellectual permitting time -Service property-Chemical agreements -CO2 sequestration -Licensingdistributors -Brand -Utilities -Energy efficiency arrangements-Chemical Producers -Relationships with -Fuel Cell Mfgs stakeholders and -DOESN’T CAUSE partners EARTHQUAKES Cost Structure Revenue Streams-People -Manufacture / Capital -Royalties from licenses -Chemical sales-R & D -Operation and -Service contracts -Electricity sales–Prototyping maintenance -Engineering consulting -REC sales-Legal fees (IP, Licensing, -Sales and Marketing fees -Brine treatmentRegulatory) -Strategic Partnerships contracts
  8. Key Partners Key Activities Value Customer Customer -R & D Propositions Relationships Segments -Manufacturers -Engineering -Turns waste cost -Service -Water Treatment -Membrane Mfgs customization into revenue -Customization for Hydrofracking -Utilities -Decreased -Link to value add (Especially -Know regulatory Produced Water) -Regulators disposal costs in industrial landscape -Inland and coastal -Engineering firms -Decreased input ecosystem -Foster relationships desalination plants-Inland and coastal with stakeholders costs / volatility -Improve public -Quiet electricity image -Industrial brinedesalination plants -Hiring & retention on-site producers-Industrial brineproducers Key Resources -Decreased liability Channels - Electric Utilities (for-Hydrofracking -People -Better public -B2B marketing energy efficiencyoperations -Intellectual image FOR -Possibly investments)-Chem. distributors property CLIENTS -Decreased distributors/-Chemical Producers -Chemical permitting time ? conferences -Brand distributors -Service -Relationships with -Chemical End Users-Other frac water -DOESN’T CAUSE agreements stakeholders and -Chemical Producerstreatment startups partners EARTHQUAKES -Licensing arrangements Cost Structure Revenue Streams-People -Manufacture / Capital -Royalties from licenses -Chemical sales-R & D & Prototyping -Operation and -Service contracts -Electricity sales-Legal fees (IP, Licensing, maintenance -Strategic Partnerships -REC salesRegulatory) -Sales and Marketing -Brine treatment contracts
  9. Traditional methods to dispose of saline brine include: Deep well injection Evaporation Pits Photo 4: a small deep well injection rig Photo 5 : a typical wastewater evaporation pit
  10. Thought: Problem in the Marcellus Texas:~50,000 Class II Disposal Wells (at least 80% for enhanced recovery) Pennsylvania: 8 Class II Disposal Wells
  11. Price for water treatment ~60x higher than wethought!
  12. ServiceWell Owner Providers (Fracking, Onsite recycling) Engineering Firms Regulators(Water Rights, Disposal, Primary Permitting) Treatment Facility Technology Developers / Vendors Secondary Treatment Contractor Disposal Companies
  13. DisposalProduced Dilution with Water Freshwater Reuse to Frac Another Well Primary How high can Treatment they go? This is where we Tertiary fit in Treatment Current state of Discharge the art are evaporators and Must be crystallizers drinking water quality
  14. Drilling Flowback Produced Water Water WaterWater from drilling First 30 days of Produced overmuds used to drill production well’s operating well life (4-30 years) Medium TDS High TSS Very high TDS ~5-20 % of injected (usually 100,000 Small quantity, ppm or higher) weird stuff in it ~5-20 % of injected
  15. Class II Wells Primary and Tertiary Treatment Cost of 0.50-1.50 10.00-12.00 5.00-6.00 Disposal ($/bbl) Transport 4.00-16.00 2.00-4.00 1.00-4.00Cost ($/bbl) Total 4.50-17.50 12.00-16.00 6.00-10.00 ($/bbl)
  16. “Moe! don’t throw out that brine!”
  17. North American Produced Water Market TAM: $5 bn/yr SAM: $3 bn Target: $0.5 bnOur projections:~ $21 million/year revenues from one10,000 barrel per day plant<5% of current treatment and disposal in PA
  18. DisposalProduced Dilution with Water Freshwater Reuse to Frac Another Well Primary Treatment Tertiary = ~$1/bbl/hr Treatment Discharge
  19. SaltProcessing Treatment Storage Drop-Off
  20. Risks1. Market risk: increasing reuse lowers disposal rate2. Technology risk3. Unable to sell into chemical markets 21
  21. Key Partners Key Activities Value Customer Customer -R & D Propositions Relationships Segments-Manufacturers -Engineering -Turns waste cost into -Water Treatment-Integrators customization revenue -Make it easy for for Oil and Gas-Membrane Mfgs -Decreased them to get rid of (Especially -Know regulatory disposal costs and their waste Produced Water)-Engineering firms landscape volume -Brand = good PR -Service Providers -Foster relationships -Decreased for Oil and Gas-Hydrofracking with stakeholders transport costs -Oil and Gasoperations -Hiring & retention -Decreased input Owner/Operators-Service providersfor oil and gas costs / volatility and Key Resources Channelsindustry freshwater volume-Oil and Gas -People -Quiet electricityOwner/Operators -Intellectual -B2B marketing -Chemical property -Better public -Possibly distributors-Other frac water image for clients distributors/ -Chemical End Userstreatment startups -Brand -Decreased conferences -Chemical Producers -Relationships with permitting time -Oil &gas well-Environmental stakeholders and service providers/Groups/Regulators -Doesn’t Cause partners Earthquakes manufacturers Cost Structure Revenue Streams-People -Manufacture / Capital -Royalties from licenses -Chemical sales-R & D & Prototyping -Operation and -Service contracts -Electricity sales-Legal fees (IP, Licensing, maintenance -Strategic Partnerships -REC salesRegulatory) -Sales and Marketing -Brine treatment contracts
  22. Key Partners Key Activities Value Customer Customer -R & D Propositions Relationships Segments- Produced Water -Engineering -Service Providers -DecreasedTreatment customization -Make it easy for for Oil and Gas disposal costs andcompanies them to get rid of Water Treatment volume -Know regulatory their waste for Oil and Gas-Service providers -Decreased landscape -Brand = good PR (Especiallyfor oil and gas transport costs -Foster relationships Produced Water)industry -Valuable with stakeholders -Oil and Gas-Oil and Gas Coproducts -Hiring & retention Owner/OperatorsOwner/Operators -Quiet electricityRESEACH ARMS Key Resources Channels -People-Manufacturers -Intellectual -Better public -Chemical -Chemical-Membrane Mfgs property image for clients Distributors distributors-Engineering firms -Decreased -Oil &gas well -Chemical End Users -Brand permitting time service providers -Chemical Producers -Relationships with -Doesn’t Cause and water-Environmental stakeholders and Earthquakes treatmentGroups/Regulators partners companies Cost Structure Revenue Streams-People -Manufacture / Capital -Royalties from licenses -Chemical sales-R & D & Prototyping -Operation and -Service contracts -Electricity sales-Legal fees (IP, Licensing, maintenance -Strategic Partnerships -REC salesRegulatory) -Sales and Marketing -Brine treatment 23 contracts

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