The document summarizes a floating hybrid renewable energy platform called Poseidon that can harness both wind and wave energy in deep ocean waters. It has completed a full-scale demonstration phase and has a proven design based on offshore technologies. Its key advantages are its ability to operate in deep waters, high energy production per footprint, and ability to extract both wind and wave energy for utility-scale renewable power generation. It aims to be a market leader through commercializing the technology.

1. Nordic Green II
Silicon Valley, CA
27 April 2010

2. Wind and Wave in One
In brief…
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An ultra stable floating
foundation for a hybrid
renewable solution designed
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for deep ocean operation
invisible from shore. The design
and construction of the platform
and anchoring system is based
on well proven off shore Wind turbines on floating
technologies. foundations significantly
increases the potential sites
for off shore wind.
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Wave energy harvesting using patented
floats to extract energy from the waves and
transform this to power. By extracting both the push
and the lift energies, it is possible to extract 70% of
the total wave energy. This has not been
accomplished by any other system
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3. Fulfills a Real Need
Poseidon has what it takes to make a difference in the
ocean energy industry
 Only solution in the world that converts both wave and wind energy.
 Exploits wind and wave resources in deep ocean waters due to the
proprietary floating foundation.
 Biggest capacity / footprint ratio in the industry with limited environmental
impact and invisible from shore.
 Over 10 years of R&D and a full scale demonstration plant documents the
potential of becoming a market leader
 Established off shore industry makes a perfect match to commercialization
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4. Key Markets
Utility Industry
Poseidon provides stable, efficient, and cost effective
clean energy. High production to footprint ratio and low
maintenance costs. To be used at deep sea and in
connection with off shore wind turbine parks.
Oil Industry
Poseidon is able to deliver on demand power for the
secondary recovery process on offshore oil platforms
and thereby avoid design and installation of a fixed off
shore infrastructure.
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5. The Poseidon is ONE of TWO technologies
with the potential of effective wind power
production at deep ocean waters
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6. We have been out there - We have done it
Test phase I completed – Test Phase II planned & financed 6

7. P37 – Our technology
 Full Scale Demonstration Plant
 Launched August 2008
 Construction price: more than 7 mill. USD
 Test window II until March 2011, with the
possibility for extension
 Placed 3 km north of Onsevig harbour
 Grid and net connected
 Weighs 350 tons (450 tons with ballast).
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8. The P37 Platform
 Triangular shape, 37 m wide against wave front,
25 long, 6 meters high
 80% of construction submerged
 Constructed to survive “50 year storm”*
 Stable (low and slow movements) construction
improves wave efficiency and supports wind
turbines
 Wave sheltered boat landing deck improves
service window significantly
 Advanced ballast system for optimal trim
 Several off shore paint protection systems
tested
*Hsdim=2,6m and Hmax =4,7m (Hsdim is the mean height of the highest 1/3 of the waves in the 2 hour long
50 year extreme storm. In this storm one wave will be 4.7 m high Hmax)
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Source: DHI and FPP

9. The Anchor Buoy
 360 degree orientation ensures platform
always faces the waves
 Grid connection point (hub) – the platform can
be disconnected and towed away
 Based on offshore oil exploration technology
like drilling rigs and Floating Production
Storage and Off-loading (FPSO)
 Weighs 30 tons, not ballasted
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10. The Floats
 6 meters long, 3 meters wide and 3.2
meters high
 Floats weigh 4.7 tons each - can be
ballasted up to 21 tons
 Swings in an interval of 2.5 m at speeds up
to 1 m/s
 Anti-fouling paint system minimizes growth
and optimizes flow through the water.
Axle
 Floats absorb 70% of wave energy
 The unique concept, shape and ballasting Lift
system secures the high absorption rate of
the incoming wave energy Push
FPP concept
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11. P37 wind turbines
 Three 11 kW Gaia Wind turbines
 Annual production: 30,000kWh pr. turbine
 Hub height : 12 meters
 Rotor diameter: 13 meters
 Optimal yield in moderate wind speeds (annual
average wind speed 4,5-7,5 m/s)
 Installation of turbines improves the stability of
the platform
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12. Locations
Annual average wave energy (kW/m)
At least 20-25 kW/m is needed to operate at competitive scale
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13. Our Roadmap to success
An inventors brilliant idea
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Close cooperation with internationally renowned wind and
wave research clusters
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Over 10 years of persistent testing from basin to full scale
off-shore installation
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Strong commitment from key stakeholders
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Financial support from 60 private investors
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14. We partner with the best
Partner Know how Role Period
DHI DHI is an international Used as a specialist in wave theory and wave forces. Since 2000
consultant and research Participant in wave basin and wave channel tests,
institution within water, scaling, site measurements, design criteria, etc.
environment and health.
ARUP International Engineering Off-shore department provided quality assurance and Since 2006
consultant. project reviews.
Jotun Marine Specialist in off-shore coatings. Design and supplier for test program for anti corrosion Since 2007
Coatings and anti fouling systems.
Risø Wind turbine specialists. Work with measurements and modeling of wind Since 2007
National turbine on floating foundations.
Laboratory
for
Sustainable
Energy
Knud E. Specialist in design of off-shore Design of buoy, stability, storm safety systems etc. Since 2008
Hansen A/S constructions.
Siemens Specialist in automation and Development of energy conversion systems. Since 2008
drives.
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15. The final goal: Poseidon 230 Commercial Plant
Dimensions for a full commercial model:
 230 m wide against the wave fronts
 25 m long
 25-30 metres deep
 Weighs 20,000-30,000 tons (Scaled from current design – optimization is being performed)
Survivability
 Life expectancy of 30 years
 Designed to survive the 100 -1000 year wave
Environmental impact
 Covers an area of 0.2 km2
Energy output
 Three 2 MW turbines or one 5 MW turbine
 50 GWh annual output depending on actual wind and wave conditions
Kwh Price (P230)
 1. generation estimate; USD Cent 20
 2. generation estimate; USD Cent 13,5 ( improved steel to Kw ratio)
Includes:upscale engineering from P37, construction, consession, infrastructure (max 8 km cable), maintenance, capital costs
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16. Strategic Roadmap
Company development steps and consortium
partner identification
Test Phase
Proof of Full scale III Commer
Basic Concept concept Full Scale
Off shore Pre- cial
developed in off shore
test II Commerci design
basins test I
al Design
FPP formed as a company
General Assembly partner
Strategic Set Up in place
search decision
2004 2009 2012
Actual stage
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17. Poseidon – A Strong Proposition
 Ability to harness the energy intensive wave and wind
resources found at deep sea.
 Invisible from shore (sight and noise)
 High power output/footprint ratio
 Highest wave to energy conversion efficiency in the industry
 Low service costs. Accessible during harsh weather. (kW/m)
Annual average wave energy
 Uses existing marine engineering and manufacturing
capabilities
fpp_halv_tempo.wmv 18

18. Thank You!
Carsten Bech
CEO
cb@floatingpowerplant.com
www.floatingpowerplant.com
Annual average wave energy (kW/m)
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