energy systems are pronounced from Astana for sustainable operating bioenergy fascinating from the two first initial daughters excited to be here basically the opportunity to get started I'm gonna show you
the purpose of this videos just to illustrate what we're contemplating.
The new owner what formerly was no longer exists. We acquired the acquired company that's very important to understand. We're bringing up renewable continuous source.
facility that you're looking at, received tires this will be located in the middle of a received tire little tray inside will never see the fire outside.
Star shredding technology is actually the technology that was created by the Mennonite Indiana. quite brilliant engineers phenomenal on this one here
inspired by company
tired and go into technology and then be automatically distributed to the gasification system. Gasification is a closed loop system zero combustion we don't use burning never touches the flame that's very understanding between the tires directly what's really happening here is a conversion from a solid to a liquid. It's all very safe. It's a closed system, zero oxygen and we make a tremendous amount of energy at a time unit will make modern DECA terms or under a million BTUs per hour some understanding here in the city more than enough energy to eat around so there's a tremendous amount of BTUs coming out and tires and plastics. We want to recapture that energy and reuse and a permanent removal of tires and plastics that are erased from our emissions. Because I noticed everybody our emissions are equal to or better than burning natural gas equal to or better why is that because we're not burning tires. We're converting into a gas
the background on myself. I've been in energy for over 20 years. I manage fortune 500 companies today with another company that I don't call out these consultants. I have been engaged in companies like Pfizer was Princeton University here in Ohio, anchored blacks in Ohio.
We're in the business. We've been in the energy business for a very long bringing to this community is a change in the way we manage. We currently serves 34 clients in the downtown area. Youngstown State University has a fully executed contract. We will double dri we have the rica house. It's likely that we will add Mercy Hospital. We are building this facility to basically be able to heat the entire will have enough energy to do some operations of the formerly the company back in April. We signed the contract in April 2018. On June 1, I officially took over management and control of that while it's still in receivership. What I want you to know citizens and Youngstown I live in Youngstown but a lot of money to this before dollars of investment is gone and the distribution system to renew all the things and to prepare in advance that because I want you to know we're not fly by the seat of our pants kind of a company we don't come in and take over things our way. We're here to stay we're dedicated to seeing this to fruition. And so I think that's important you understand that? We took over the operations but the receivership was also in the process of lawsuits in some of my clients. So the last thing I wanted to do was close on ownership until those lawsuits are settled. Those lawsuits settled in early December of last year and we closed in two weeks. So it's not that we weren't ready. We needed to make sure all the pieces were in place.
The innovation that we're bringing has the ability to convert all of these types of waste streams into a usable energy. I don't know how much time you want to give me 10 minutes. Being respectful of your time
We know what the waste streams look like, we know how tragic and hazardous they are to our environment. We have the capacity today to remove them and to permanently use them in energy conversion technology that's clean.
We will create Clean energy, a tremendous amount of jobs we're bringing to the Valley(? or value) about a 100, 150 jobs that we're bringing to the Valley (?or value). Now 30 will go in Youngstown, and 20 will be at our hub in Lowellville external companies as well as bringing in data center, plastics manufacturing. That way we have enough plastics to feed our system. We will reduce our dependency on coal, natural gas. Natural gas will be a secondary source of energy not a primary source. And we will permanently remove coal which we are in the process of doing right now. In fact we have to use coal since I've been managing this.
Part of being sustainable to me is three parts of sustainability: there's profit. So there has to be profit. Without profit there's no sustainability, it's just cost. But there has to be people. There has to be a benefit to society. There has to be job creation, and there has to be good quality of life.
These things we do accomplish. We can create electricity. Our plan is to put 40 megawatts on our site to directly feed the city.
I'm a member of PJM electric grid system. So I'm very familiar with the in and outs of working
and working with Ohio Edison value for us to have 40 megawatts in the city. We all are familiar with all the power issues we're having having the power there directly here in the city. That is our goal as well. Which as well it's through my former company called associates carrying that card for my consulting company. So I am the Acting agent.
So how does this profile fit into this batch on PGF prints efficiency or environmental
impact? Well, PJM is an open access question. So they began Knapp deny generating resources to come up with is an open access tariff. Right but that's on the profitability to make sense to sell. Well, good question, but it's an economic dispatch. That sounds good right. So we will we will always be we will be at zero. So we will always be a generating resource we will be treated very much like coal and the fact that we will be a staple as well as plus one operating. So whenever one unit falls on system every component of our system is nevertheless one model from the gasification boilers and to the power generation. All of that has to be an endless one model so that we can continuously provide the slides This is an oxygen free
oxygen free environment environments is really important to understand there's zero combustion
oils are completely heard and you look at you looking at a tire you apply externally to start seeing it's going to start turning to gas. At first those liquids are heavy, but as you continuously apply for a closed loop system, those liquids be break them down. They become what's called the light gasoline those types of oil can be converted very quickly.
process will be occurring and processing.
What process happens in
preparation for the feedstock so I don't want tires coming in. Plastics coming to Youngstown, not prepared. Right. I want them to be prepared as a commodity like they're supposed to be. And then when they come in when they're legal to transport, hazardous materials. Converted and then we store it in a big Tex facility which you won't be able to see unless you're on site, but it'll be stored in that system never exposed to the environment.
And not recognizing
all stars and oils are converted wide range.
LEFT OUT A LOT
I can stretch my legs all right.
WRONG Binary by the DNC, Bernie Sanders was in 2020 The late Bernie Sanders was in 2016. It's interesting.
Everybody's presentation, really a way of measuring whether it's a metric setting that says this is absolutely the same. We're going to
spend a lot of time and money. So the first thing that happened I have a major pharmaceutical company that I was managing their energy and I'm still making and they came to me about 10 years ago and said we want to get off fossil fuel industry. Because if you're not familiar with the pharmaceutical space, they're very energy intense, even more energy intensive hospital or university they use a tremendous amount of energy and so to be able to find something that can provide that level of energy because if I had to do a lot of research, we did that. Through that research, we built a criteria. The criteria we established was it has to be continuous because the pharmaceuticals can't shut down. They lose shelf value the promises
detrimental to their bottom line. We can't lose. We have to have enough energy we have to demand
we can't have any hazardous waste material. And our emissions can leave earlier than burning natural gas. You will have primary objectives and solve their problems. So when we went to this technology, that's the answer to all these questions. As a matter of fact, yes. So we said okay. So I took my staff, my engineering, engineering, major aerospace company, to Germany with two independent engineering and we went to our pilot facility in Germany, we operate on Tiger Berg continuous. We have probably been doing this operations for 20 years. But for that purpose, we ran a week cycle tests on tires. The two engineering firms had two different tasks. One was to validate the gas composition and the other was to validate emissions separately, so they are independent working separately. against competition we have we brought that data back to tprc. Perspective environmental firming United States for disclosure. So we gave it to the DRC. They took that information and validated our findings. They also took the gas emissions and validated that those results were real, organic. And so with that test, we demonstrated to the EPA and that was a test demonstrate to the EPA that our emissions will be actually cleaner than what our Title Five permit allows us to do. So we're actually reducing or removing or reducing our emissions. We're providing clean energy and that continuous
so obviously, you're gonna have some type of setting
it'd be a shorter step.
It's already considered a cleaner, burning natural gas.
Cleaning what's coming out of this? Just really?
Yeah, so the biggest issue you really have coming out of the stack and that's what that's really our biggest because everything else well below stage conditions requirements, because we have selective catalytic reduction systems that we're putting on the back end. So we're already taking steps as part of our process. We're putting on additional technology to make sure the inner what's coming out is lower than the sacrum. And so when we look at that the only remaining piece to remove co2 and that co2 capture I'm not comfortable with that technology yet in terms of an additive to our operations. But as we get closer to that, right now, we're permitted from an m&a perspective. But we want to take it lower
to reach your emissions limits. Of ser Galleon natural gas, ser.
We're really just doing it to ensure that we're below threshold because we don't want any as intensify our output right. Right now we have only 35 customers, everybody else the system but if we put reduction on top of that, then we keep it closer to where we've always been or lower. And so that's our goal, to make sure that we continuously cut down on what the emission levels is there
Is there a change for the permit for this other fuel?
not as of yet when they're working for the EPA and waiting for responses that was no definitive. What we do know is well slow threshold well below state requirements. We that's that's not anything debatable. That's fact
they care about just a few questions. What are the process? You reduced the process.
If we do have we just explained the process. Have you understood that it wasn't my company. We hired independent engineering company.
Clarity you said that Lowville will be where you will break down the tires and sort of trend to attention on
the burning of the gas just like you're looking for the conversion of solid to gas will occur all with the same footprint that currently occupies correct
that's actually my next question. What are the facility updates?
The first facility updates we did was to distribution. It was horribly inefficient. Right there were like 20 weeks throughout the whole city.
There were leaks that were there for 20 years. So until we clean, we removed all these steps. Our first priority is to create the proper visible result of what you're doing. The next strategy is you have to improve the efficiencies of the plant. If you're not familiar with a 1947 Vintage coal plant that makes pretty much every working component of that facility needed to operate. So you had to make more steel than the load just so you can serve and that's normal that you would have losses but these aren't losses in the distribution. This is consumption to convert. And so we had to basically shut off the planet so I installed a package boiler to isolate the usage of coal. We also needed to put that back in boiler in place so that when we do the demolition, we don't disrupt the service. So we can do 100% demolition of the facility without impacting deliverability.
For that that is what's the source for your plastic tire.
So I have a lot of different sources for tires. major manufacturers to their wish to fire discounts. Car Dealerships, collectors and recyclers tell you how many tire recycling companies have called me and said we need help getting our tires there in the tire recycling business. And so there's a tremendous need to remove tires that are in the waste stream. What we commit to is that we will never reuse a tire for the purpose of the tire. We are going to permanently converted to an old tire recycled by recyclers actually sell tires and the resale value first before they try to recycle
it's my final question that will generate some waste some
good question. Yes. The waste streams that actually come out of this system. The tires there's carbon black and steel. So the steel that's in the tire that gets pulled out and separated from the carbon black carbon black powder. It's a powder form comes out in Super sacks and the powder form or it's going to be on site. Those are commodities. Those are very, very costly. Very expensive to the market. So our version of those technologies are classified could be classified carbon reduction, as it takes less energy to create the carbon black and steel does the Virgin production of the carbon
different ways of housing companies that are out there they were losing money and because of that they were charging their clients higher than they needed. So having empowered you're able to generate a say because
I won't talk about what they did or what they did speak. So our mission is to be the lowest cost anywhere in United States, anywhere in the world. And you can accomplish that because you diversify your revenue streams. If you only have one revenue, and you have to pay to make your business model is going to suffer our business model change from public utility who had to buy energy to make energy to sell. The public utility gets paid, the energy we sell and then it also creates different forms of revenue streams from that process that allows me to be very aggressive on the sales side, because I'm enjoying the revenue from the other side. As long as we continue to be profitable from that perspective, we can only go one way which is That's our vision. So right now every customer is on what's called an emergency that was put in place by the police by the Public Utility Commission in the state of Ohio. As soon as my systems we will discount the contract prices that will go out or $8 per impound. It's per 1000 pounds. It's $8 or $6 per pound for cooling because we can do both Misty. And what we're doing is cheaper than what you can do for natural gas even at $2.30. So natural gas prices today are nowhere near $2.30. We all know they're over $7 More than twice what they were just a couple of years ago. So with our technology and the fact that we're diversified and a revenue source we don't we're not held subject to you mentioned firstly with fire some piping is connected diversity is good question there's there's pipeline infrastructure already in place underneath the bridge to connect connect connects the side of town to the Mercy side. So we already have existing right away there. All I have to do is connect to those and that's part of the project. So we put in the ground. And what we're doing is not projects. We're connecting to them and we're also the cost of that connection is on us. We're not charging it back to our customers. We're paying for them. We're paying for the equipment that we're going to use to meet their demand. And if we install like in first use case and appliance use case we're going to install steam absorption chillers on their side. We will own and operate those chillers and they'll cost they pay the $8 and $6. And so our business model is different than wondering
about custom My question was infrastructure build out so you would need to do some infrastructure work connecting to RC and some are connected to Wi Fi or
Wi Fi. There is an existing connection but we'll rip that out and replace it with to make the repair work that we did, identified some key areas of the historic distribution network that were quite old and needed to be replaced. And so we've replaced much of the system already. We have to replace that line.
So asking that question we have a lot of things opened up right now a lot of things that have been put in place to connect those, we're looking at the timetable to possibly reopen
