powerful, affordable, renewable wind energy. · accio energy’s wind system is the first...
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Ann Arbor, MI-based Accio Energy has developed a patent protected, wind generation system distinctive enough that it will alter the economics of power generation, redefine wind power, and ultimately change the world.
POWERFUL, AFFORDABLE, RENEWABLE WIND ENERGY. We are redefining tomorrow’s wind energy, today.
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GAME CHANGER: OFFSHORE WIND AT LEAST 50% LOWER COST
Source: U.S. Energy Information Agency, Annual Energy Outlook
For more information on Accio Energy contact: Jennifer A. Baird, CEO, Accio Energy, Inc. | [email protected] | 734.260.4800 | AccioEnergy.com
Accio Energy’s wind system is the first turbine-free wind power technology ever developed. It will efficiently take advantage of massive offshore wind resources with load following wind characteristics that naturally align with demand. The system is visually unobtrusive and has a better capacity factor than existing turbine-based solutions, allowing it to circumvent many of the problems associated with typical wind installations. Due to its modular design and manufacturing profile, this disruptive solution can eliminate up to 50% of the cost of offshore wind farms and ultimately achieve unsubsidized cost parity with U.S. coal and natural gas plants. At projected rates, this would be the lowest cost option for much of the rest of the world, especially the 40% of the population living within 65 miles of shoreline.
With the right resources, this technology has the potential to completely disrupt the existing global utility-scale wind power industry and realize a significant share of the eventual $100B offshore wind market.
Technology: Accio Energy’s electrohydrodynamic system generates electricity using wind and charged water mist. As wind moves the charged water mist, positive and negative charges are separated and high-voltage, direct current electrical power is created. The engine itself has no moving parts and consists of wind-permeable flat panels composed primarily of mass-produced tubes that can be combined into arrays. The system can be scaled from kilowatt to gigawatt arrays that are modular, easily transported, and cost effective.
Team: Accio Energy’s management team is led by Jen Baird (CEO) and Dawn White (CTO). With previous firms, they have raised over $60M in VC and contract R&D funding as well as achieved a recent $205M exit at 10x revenue and 5-6x return for investors. The Board of Directors includes the retired COO of DTE Energy and multiple experienced investors. Accio’s world class technical team is comprised of master engineers, physicists and technicians having backgrounds that include the U.S. Army, General Electric and Ford, among others. This team is a strong blend of thought leaders in the wind energy
space and engineers with extensive hands-on utility installation and fieldwork. The team has built a strong global intellectual property portfolio and they are the only team globally to ever achieve commercially compelling results with this technology. Funding Opportunity: Field ready now, Accio is seeking $6M to enable a 10kW offshore pilot leading to commercial launch of these radically different renewable power generation systems. Once product development is completed, our plan is to leverage cost-effective automotive-heritage manufacturing to build a first 100MW OEM plant with associated supply base. This first plant alone will generate $270M of revenue annually by 2020, which with a modest 5X revenue multiple would yield a $1.3B valuation.
Next Milestone: 10kW Pilot
First Product Prototype
Offshore
100X Scaled Up Structure
Wave Pumping
Power Conversion
Accio OffshoreWind Turbine
Photovoltaic(Utility)
NewU.S. Coal
OnshoreWind Turbine
New U.S.Natural Gas
>50% LOWER COST
GLOBAL TRENDS VALUE BUSINESS OPPORTUNITY HUGE MARKET + Growing electricity demand
Population growth Economic development
+ Need for renewables to address climate change, without excess cost
+ High quality offshore wind resource Offshore wind is a better base load
resource Lower transmission distances
associated with population centers in proximity to shorelines
+ 50% lower cost offshore farms Commodity raw materials Manufacturing of automotive‐style
components Logistics & installation ease from
modular design + 20% more energy/higher capacity factor + Siting advantages
Viewscape & wildlife friendly Radar compatible Floating deployment
+ 7 issued patents; more pending
+ Accio Energy can build a multi‐billion dollar business manufacturing and supplying offshore power generation systems to wind developers worldwide
+ Rapid market adoption from strong competitive advantages
+ Can leverage high‐volume automotive manufacturing infrastructure to scale faster (e.g. Michigan, India, China)
+ $100B offshore wind market projected by 2020
+ Global market Europe China India U.S. Middle East Developing world
Bladeless offshore wind power generation systems: + Based on electric charge separation using wind & seawater mist
+ Generates high voltage direct current (HVDC)