SlideShare a Scribd company logo
Dr Colin Pulham
AKA The Professor
Dr David Oliver Dr Kate FisherDr Rowan Clark Emily Goddard
The Next Doctor
Dr Faisal GhaniDr Maurizio Zaglio
The TARDIS of Heat
Bigger on the inside Moves heat through time …
• Store heat when its cheap to do so (low tariff,
negative pricing events, sun shining on PV, …)
• Extract the heat for space-heating and hot
water at any time
• Residential to Commercial applications
… and space
• Automotive efficiency and Electric Vehicle
range via on-board Heat Battery
• C&I: move heat in containers from Energy
from Waste plants to District Heating
Our Doctors:
Sunamp Highlights
• Sunamp Heat Batteries are probably the world's most energy efficient Thermal Stores
• Certainly the most compact, three to four times higher Energy Density than hot water
• High power (>30 kW per cell) means high flow rate hot water and heating on demand is assured
• Very reliable and safe. Non toxic, non flammable, >35000 cycles proven so far with no degradation, 10 year warranty.
• Disruptive to hot water tanks (cost parity, performance superiority)
• Complementary to HVAC equipment, electric batteries, renewable energy & intermittent grids
• Much lower ‘cost per MWh’ and ‘cost per MW’ than lithium-ion batteries (for grid balancing)
• Gigafactory manufacturing capacity coming online for Gen-3
• Significant addressable HVAC market and automotive applications
• CapEx intensity 50 times smaller than Tesla Gigafactory for each GWh/year production capacity
• Priced to compete head-to-head with like-for-like hot water tank solutions
• Differentiated by higher efficiency and much smaller physical size (70% smaller)
• Unique applications in high temperature and cooling
• 23 patents granted, 74 in pipeline across all key geos – materials, heat battery, system, applications
• DECC funded trial of Gen-1 Heat Battery systems in 2013 (still in use today)
• Over 900 systems installed using Gen-2 Heat Batteries (trial and private sale)
The Heat Opportunity
Electricity 17.5%
Transport 27.5%
Others 9%
Heat 46%
Heating without
global warming,
IEA, 2014.
World energy consumption
x2.5
• Space Heat
• Hot Water
• Process Heat
• Cooling
Electrical storage:
✗ Over invested
✗ Overcrowded
✗ High entry barriers
✗ Materials questions
Heat storage:
✓ Has not changed in centuries
✓ Ripe for improvement
✓ More heat storage needed
✓ Low cost, sustainable materials
Source: IEA
PV or
ST
Fossil Fuel or Biomass
Boiler
Solar EnergyGrid Electricity
PV DC
Electricity
Thermal
Third Party HVAC Compatibility
Boiler (Gas, Combi, Oil, Biomass, …)
Heat Pump (Air, Ground, Water, …)
Controllers (Nest, Honeywell, …)
Solar Panels (PV or Solar Thermal)
PV AC Controller (Power Diverter, Solic 200, …)
Heat Pump
Sunamp Controllers
UniQ System Controller
UniQ PV DC Controller
UniQ PV AC Controller
SunampOS (DSM)
Heat Battery Options
Capacity (3, 6, 9, 12, 60 kWh)
AC or DC elements (various kW)
InverterPV AC Controller
Mains AC
Electricity
PV AC Electricity
Natural Heat
Heat and/or Hot Water
Gen-3 (‘UniQ’): Wide Range of Applications
Launching Q1
2018
HVAC: Sunamp Value Proposition
Space & Water Heating
• Large existing market
• Comfort for end-user
• Space saving
• Energy efficient
Time Shifting
• Time of use tariffs
increasingly prevalent
• Integrates with
intermittent RES (PV, heat
pumps)
Demand Side Management
• Huge emerging market
• Grid flexibility for DSO
Better
(replacement)
Product
Unique
capability
• To-date ~£5M equity funding + ~£5M grants
• £2M revenues in 2016 (trials-related)
• First early-adopter private customer revenues in 2017
• Now raising £7M
̶ Close June 2018
̶ May offer early closing for EIS investors
̶ Potential for co-investment via EIF (Scottish-European Growth Co-Investment Programme)
• Use of funds:
̶ scale-up sales in the UK, US + Europe (indirect) + global (OEM)
̶ development of Cooling products/materials & DRM offering
̶ Equipping production line (£400K)
Funding History / Plan
6

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Sunamp Limited

  • 1. Dr Colin Pulham AKA The Professor Dr David Oliver Dr Kate FisherDr Rowan Clark Emily Goddard The Next Doctor Dr Faisal GhaniDr Maurizio Zaglio The TARDIS of Heat Bigger on the inside Moves heat through time … • Store heat when its cheap to do so (low tariff, negative pricing events, sun shining on PV, …) • Extract the heat for space-heating and hot water at any time • Residential to Commercial applications … and space • Automotive efficiency and Electric Vehicle range via on-board Heat Battery • C&I: move heat in containers from Energy from Waste plants to District Heating Our Doctors:
  • 2. Sunamp Highlights • Sunamp Heat Batteries are probably the world's most energy efficient Thermal Stores • Certainly the most compact, three to four times higher Energy Density than hot water • High power (>30 kW per cell) means high flow rate hot water and heating on demand is assured • Very reliable and safe. Non toxic, non flammable, >35000 cycles proven so far with no degradation, 10 year warranty. • Disruptive to hot water tanks (cost parity, performance superiority) • Complementary to HVAC equipment, electric batteries, renewable energy & intermittent grids • Much lower ‘cost per MWh’ and ‘cost per MW’ than lithium-ion batteries (for grid balancing) • Gigafactory manufacturing capacity coming online for Gen-3 • Significant addressable HVAC market and automotive applications • CapEx intensity 50 times smaller than Tesla Gigafactory for each GWh/year production capacity • Priced to compete head-to-head with like-for-like hot water tank solutions • Differentiated by higher efficiency and much smaller physical size (70% smaller) • Unique applications in high temperature and cooling • 23 patents granted, 74 in pipeline across all key geos – materials, heat battery, system, applications • DECC funded trial of Gen-1 Heat Battery systems in 2013 (still in use today) • Over 900 systems installed using Gen-2 Heat Batteries (trial and private sale)
  • 3. The Heat Opportunity Electricity 17.5% Transport 27.5% Others 9% Heat 46% Heating without global warming, IEA, 2014. World energy consumption x2.5 • Space Heat • Hot Water • Process Heat • Cooling Electrical storage: ✗ Over invested ✗ Overcrowded ✗ High entry barriers ✗ Materials questions Heat storage: ✓ Has not changed in centuries ✓ Ripe for improvement ✓ More heat storage needed ✓ Low cost, sustainable materials Source: IEA
  • 4. PV or ST Fossil Fuel or Biomass Boiler Solar EnergyGrid Electricity PV DC Electricity Thermal Third Party HVAC Compatibility Boiler (Gas, Combi, Oil, Biomass, …) Heat Pump (Air, Ground, Water, …) Controllers (Nest, Honeywell, …) Solar Panels (PV or Solar Thermal) PV AC Controller (Power Diverter, Solic 200, …) Heat Pump Sunamp Controllers UniQ System Controller UniQ PV DC Controller UniQ PV AC Controller SunampOS (DSM) Heat Battery Options Capacity (3, 6, 9, 12, 60 kWh) AC or DC elements (various kW) InverterPV AC Controller Mains AC Electricity PV AC Electricity Natural Heat Heat and/or Hot Water Gen-3 (‘UniQ’): Wide Range of Applications Launching Q1 2018
  • 5. HVAC: Sunamp Value Proposition Space & Water Heating • Large existing market • Comfort for end-user • Space saving • Energy efficient Time Shifting • Time of use tariffs increasingly prevalent • Integrates with intermittent RES (PV, heat pumps) Demand Side Management • Huge emerging market • Grid flexibility for DSO Better (replacement) Product Unique capability
  • 6. • To-date ~£5M equity funding + ~£5M grants • £2M revenues in 2016 (trials-related) • First early-adopter private customer revenues in 2017 • Now raising £7M ̶ Close June 2018 ̶ May offer early closing for EIS investors ̶ Potential for co-investment via EIF (Scottish-European Growth Co-Investment Programme) • Use of funds: ̶ scale-up sales in the UK, US + Europe (indirect) + global (OEM) ̶ development of Cooling products/materials & DRM offering ̶ Equipping production line (£400K) Funding History / Plan 6