WIT Innovation Competition Presentation


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WIT Innovation Competition Presentation

  1. 1. Page 1www.worlditec.com Technologies to promote sustainable energy efficiencies and reliability Charles Lawson, CEO e: Charles.Lawson@worlditec.com t: 877-584-6083
  2. 2. Page 2www.worlditec.com Product focus Issues addressed Software and integrated technologies to address reliability and efficiencies from generation to transmission to distribution to pole 6% of power transmission and distribution is loss + 4% logistical and operational inefficiencies + reliability outage losses $180+ billion lost annually in US
  3. 3. Page 3www.worlditec.com Product focus Issues addressed Address inefficiencies globally in developing countries 33% + loss Monetary costs Carbon emission costs Plus human costs: death and suffering
  4. 4. Page 4www.worlditec.com Software and integrated technologies Find the energy, operational, and logistical inefficiencies in these systems through visualization and analytics. Operational and planning tools to make informed decisions addressing these inefficiencies in logistics and power management
  5. 5. Page 5www.worlditec.com Software and integrated technologies Switch Operations Switch Measurements Weather Conditions and 100+ other data sources Calculated Results Alarms Reconfiguration & Protection Checks
  6. 6. Page 6www.worlditec.com Software and integrated technologies Data and geospatial visualization of assets, graphing and tree heat maps of vulnerabilities: energy “hot spots” Integrates with mobile GPS systems, deploys crews more efficiently to address contingencies Telemetry & static data easily connects to external databases Easily configurable to analyze and monitor newly added distributed generation assets, wind, solar and fuel cells
  7. 7. Page 7www.worlditec.com Software and integrated technologies
  8. 8. Page 8www.worlditec.com Intellectual Property Software tools and case-based reasoning and principal component analysis algorithms to provide increased reliability, detect real-time vulnerabilities, and efficient use of capital. Show the best, show the worst : Feeders, Transformers, Crews Distribution operational and planning tools Software that geospatially displays and integrates static and dynamic information about all system assets System has Open Source components that allow for integration with other systems including EPRI Unified Information Bus protocols
  9. 9. Page 9www.worlditec.com Deployed software in Con Edison, Orange and Rockland, National Grid US and UK, Scottish Power and others Looking to expand further in Europe and Asia and to productize our software Market proven
  10. 10. Page 10www.worlditec.com Revenues and value propositions Current funding: loans and principal investment by owners Current revenues are service and software purchase based Look to future revenues using leveraged lease option and EECs based on performance quantifiable by cost savings and reliability Goal is to take smart grid capital costs off the back of the rate payer
  11. 11. Page 11www.worlditec.com Developing countries: Microgrids Provide a significant export potential to the developing world while providing highly replicable “best of breed” and easily deployed systems for sustainable clean energy Working with numerous NGOs, governments, utilities, manufacturers in community-based infrastructure development Current projects in development in India and Cambodia
  12. 12. Page 12www.worlditec.com Developing countries financial/value proposition Invest now or pay substantially more later to mitigate the inefficiencies and environmental damage in developing nations Finance projects through mix of conventional and multi-lateral loans and dilute risk through development of funds that will invest and create community bonds for numerous global community-based energy initiatives. Explore potential of global market EECs, leveraged leases and other global financial instruments
  13. 13. Page 13www.worlditec.com Team Eclectic group located globally: financial, electrical and power engineers, computer scientists, investment bankers, former senior operators and system engineers, international leaders and social entrepreneurs acclaimed in their respective fields of expertise Nobel nominees, Clinton Global Citizens Awardees and other professional accolades