1. business and industrial
2. energy
3. electricity

We unlock the Energy Transition
providing clean electricity, when needed
Company profile
STORY
2005 spin-off from Politecnico di Torino, originally focused on fuel cell technologies.
Hydrogen batteries developed from 2010 and commercialized from 2012
FACILITIES
Headquarters in Paris (France), R&D in Turin (Italy) and Manufacturing in Aosta (Italy)
and Brighton (MI, USA)
Sector
Energy Storage. Totally Clean
Technology
ElectroSelfTM is a vertically integrated hydrogen battery
Intellectual Property
123 patents applicable worldwide
SHAREHOLDERS
Prima Industrie Group, 360 Capital Partners, Ersel Asset Management
Competitive advantages
• RELIABILITY CERTIFIED: in real field installations, with
more than 10,000 cycles monitored by the EU Commision
Research Institute and in partnership with TÜV SÜD.
• DRAMATICALLY LESS EXPENSIVE: unlike batterybased technologies, ElectroSelfTM allows to size
independently the power module, the storage requirements
and the charge/discharge speed, resulting less expensive
Technology cycle...
than any other technology in energy-oriented field
applications.
• RENEWABLES CAN NOW SERVE BASE LOAD:
with a Levelized Cost of Energy (LCOE) to shift energy of
approx. 100€/MWh, ElectroSelfTM is the only technology
which enables renewables, today, to serve base load at
competitive prices.
... Functioning
Charge Phase
The hydrogen generator
converts energy in O2 and H2
form by using water.
Storage Phase
O2 and H2 are stored at 30 to
150 bar, with 1MWh energy
stored in less then 15m².
Discharge Phase
The power system generates
electricity from O2 and H2.
The only by-product is water,
95% of which is recovered.
ElectroSelfTM is a trademark of Electro Power Systems
Commercial Information
Our numbers, features and awards
• INTEGRATED ELECTRONICS aNd AC/DC output:
ElectroSelfTM modules are turn-key solutions, 100%
remotely controlled and able to manage the grid in
a smart way, and implementing a safe distributed
generation.
16+ Mio
Operational
Hours
31.7 MWh
Energy Storage
Installed
18 Countries
where we installed
systems
• ZERO SELF DISCHARGE:
the battery does not need either warm up/diesel generator
or air conditioning to maintain the temperature. It operates
in extreme environmental conditions from -40°C to 50°C
with zero self dicharge.
• FULL DEPTH OF DISCHARGE:
no need to oversize the battery pack, 100% depth of
discharge is guaranteed.
• 25 YEARS LIFETIME, 10,000 CYCLES:
replacement just for water and consumables, such as fuel
cell stacks and electrolytic cell which are refurbished.
Technology applications
• Backup Power: ElectroSelfTM can provide backup
power to a telecom tower or data center in case of
blackout at the same price of lead-acid batteries but
doubling the autonomy in case of grid outage at no
additional cost.
• Smart Grid: ElectroSelfTM is the only multi application
storage technology: peak shaving, seasonal storage,
secondary reserve and curtailment valorisation can be
carried out at the same time in each single site, enabling a
multi-evenues stream for the grid operator.
• Off-the-Grid generation: when coupled with
renewables, ElectroSelfTM can generate stable electricity
when needed at approx €20 cents/kWh (including cost of
solar): competitive with diesel generation in Africa, Asia and
Latin America.
• Renewables Stabilisation: ElectroSelfTM can
valorise the curtailment of wind and solar farms, and carry
out frequency regulation: our hybrid system, coupled with
Li-ion solutions (HyESS), enables 30% less footprint, 35%
less CAPEX and a 25% lower cost of shifting electricity.
Internationally certified
ISO 9001
USA
Canada
Europe
China
www.electropowersystems.com
Backup power: telecom tower and datacenter
Business case: telecom towers in Asia
• CHALLENGING SCENARIO: critical telecom towers in
rural areas with an unreliable and unstable grid are covered
by diesel generators operating up to 18 hours per day.
• HUGE OPERATING COSTS: standard 1.5kW towers are
equipped with lead-acid 200Ah batteries with redundancy
and low cost diesel generators at approx. $3,000. Thefts,
pilferage and fuel logistics to refill of the diesel tank are taken
into account, and accounts approx. $6,000 per year in
critical sites.
• WE REDUCE OPEX BY 50% entailing a payback at the
fourth year. However, critical sites can be equipped with
diesel generators of a higher reliability which can cost up to
$12,000, which reduces the payback of the ElectroSelf™ to
the second year. In any event, the ElectroSelf™ platform is
available to the market with a pay-per-use model.
Total Cost of Ownership in Asia, 1.5kW load
including installation and operating expenditures [€/year]
Diesel Generator
+ Batteries
ElectroSelfTM
1.5 kW DOX,
Low Pressure Storage
Asia – Telecom Operator
ElectroSelfTM 6kW Air Outdoor
ElectroSelfTM is a trademark of Electro Power Systems
Commercial Information
Backup power: telecom tower and datacenter
Business case: telecoms and landlines in Europe
• TOP RELIABILITY, LONG AUTONOMY: EU countries
are not frequently exposed to blackouts, but business continuity and safety of the infrastructure shall be
guaranteed. Landlines and switch nodes (10-12kW) shall be
equipped with at least 10 hours of autonomy in case of grid
disruption.
• COMPELLING BUSINESS CASE: 10h autonomy
for a 10-12kW load requires a 3,000Ah battery pack.
ElectroSelf™ turn-key price including electronics, grid
connection and installation is lower than traditional leadacid gel batteries.
• COMPETITIVE PURCHASE PRICE: Electroself™
power module, and storage requirements can be sized and
customized upon the client’s need at a price in the range
between 300-500€/kWh, turn-key, in any configuration.
Total Cost of Ownership in Europe, 10kW load
including installation and operating expenditures [€/year]
3,000Ah
Battery
ElectroSelfTM
10 kW DOX,
High Pressure Storage
ElectroSelf ™ DOX Module
Technical features
Power Outputs per Module
Power System
Output Voltage
H2 Consumption
O2 Consumption
Self-Recharging
Unit
Storage
Autonomy
Refill Rate
660 l/kWh
330 l/kWh
1.6 - 3.2 kWh/h
H2 Production Rate
1,000 – 2,000 l/h
O2 Production rate
500 – 1,000 l/h
Low Pressure Storage
30 bar
High Pressure Storage
150 bar
Storage Capacity
Footprint for 120kWh storage
Dimension (WxDxH)
Other Data
3 – 6 – 10 – 25 kW
48 VDC – 230/400 VAC
Total weight
Communication
36 – 720kWh (6 to 120h at 6kW)
1.5 m²
600 x 870 x 2,150 mm per Module (up to 10kW)
400 kg per Module (up to 10kW)
Dry-Contacts for off-line. Ethernet 10base TX on RJ-45,
MODBUS TCP-IP, SNMP v2
www.electropowersystems.com
Distributed power generation
With the ElectroSelftm technology, hydrogen-enabled solar pv evolves
into a competitive, base-load energy source
• BASE LOAD: in geographies with limited seasonality, such
as MENA and South America, hydrogen storage enables
solar PV to act as base-load energy source
• CHEAPER TODAY THAN Li-ion TOMORROW: in these
applications, hydrogen storage is cheaper, at today’s cost,
than the target cost of even the most ambitious Li-ion battery
suppliers
• COMPETITIVE: hydrogen-enabled PV is cost-competitive,
today, with i) the generation cost of oil-fired thermal plants,
and ii) the socket cost of electricity, from any source, once
greenfield T&D capex is factored-in
• LONG AUTONOMY: indeed, for reserve levels required
to forgo a diesel back-up, batteries are not a conceivable
alternative, neither in terms of cost nor footprint
LCOE of storage-enabled PV for base-load power supply (€/MWh)
LCOE of storage-enabled PV for base-load
power
supply
@ 4% real
cost of
capital(€/MWh)"
@ 4% real cost of capital"
1.600!
1.458!
1.400!
PV + Li-ion 2017
1.200!
958!
908!
800!
400!
200!
0!
(Tesla target cost)
1.065!
1.000!
600!
PV + ElectroSelfTM 2015
672!
468!
326!
312!
456!
707!
(Deutsche Bank)
672!
435!
237!
252!
277!
40h!
BASE
LOAD
72h!
120h!
PV + Li-ion 2015,
lower registered cost
307!
PV + Li-ion 2020,
lower cost estimate
(Bloomberg New
Energy Finance)
168h!
Hours of autonomy
to serve the base-load with no PV production
Hours of autonomy, to serve the base-load with no PV production!
Italy – Sardinia
ElectroSelfTM is a trademark of Electro Power Systems
Commercial Information
Energy storage: long autonomy, low cost
Low-cost grid scale storage capacity
• A MATTER OF CYLINDERS…
with hydrogen, increasing autonomy just means adding
cylinders of capacity (the energy to fill them comes from
otherwise curtailed excess solar production in high
irradiation months).
• DECLINING AVERAGE CAPEX
unlike for batteries, adding hydrogen reserve capacity
actually reduces the average cost per MWh of such
capacity.
• …UNLIKE FOR COMPETING TECHNOLOGIES
with Li-ion batteries, increasing autonomy means adding further
batteries, which at low utilization rates kills their economics.
Capex for Grid-Scale Energy Storage System (€/kWh)
LCOE of storage-enabled PV for base-load power supply (€/MWh)"
@ 4% real cost of capital"
Capex for storage system (€/kWh)"
900!
1.600!
800!
1.400!
830!
830!
530 !
800!
500!
400!
600!
300!
400!
200!
200!
100!
0!
ElectroSelfTM 2015
(Tesla target cost)
1.065!
1.000!
500!
830!
1.458!
Li-ion 2017
700!
1.200!
600!
830!
530 !
500!
672!
468!
456!
222!
326!
530 !
530 !
958!
Li-ion 2015,
lower registered cost
908!
500!
500!
707!
(Deutsche Bank)
672!
Li-ion 2020,
lower cost estimate
435!
312!
237!
159!
252!
277!
117!
40h!
BASE
LOAD
40h!
72h!
72h!
120h!
120h!
307!
(Bloomberg New
100!
Hours of autonomy, to serve the base-load with no PV production!
Energy Finance)
168h!
168!
Hours of autonomy
to serve the base-load with no PV production
Hours of autonomy, to serve the base-load with no PV production!
Details
Energy Storage System
Output
Assumptions
Technical Specification & Assumptions
Load to be covered 24h/24h
Yearly PV energy
Annual O&M PV cost
Annual Energy Storage System O&M
Required PV size @ 900 EUR/kWp
Load covered by PV
Solar energy curtailed
System features and costs
Storage required to serve
the Base Load
up to 72h authonomy with no PV
up to 120h authonomy with no PV
up to 168h authonomy with no PV
Load portion covered by the Storage System
Round-trip efficiency
Consumables
ElectroSelfTM-enabled PV
Li-Ion-enabled PV
1 MW
1,740 kWh/kWp (Middle East)
25 EUR/kWp
1.25% of Capex
12 MWp
44.7%
25%
8 MWp
43.5%
30.6%
1 MW H2 Power System @ 900 EUR/kW
2015 Li-ion overall lower registered system cost @ 830
EUR/kW (Deutsche Bank, 2015)
9 MW Power to Gas module @750 EUR/kW
2017 Tesla overall system cost target (including battery
pack and BMS @ 220 EUR/kW and power electronics) @
500 EUR/kW (Tesla, Bloomberg NEF, 2014)
150bar Storage module @ 30 EUR/kW
2020 lower System cost estimate @ 530 EUR/kW
(Bloomberg NEF, 2014)
83 MWh
133 MWh
221 MWh
308.5 MWh
55.3% of load covered by H2 battery
40% round-trip, installed
4,000 cycles (to replace FC stack only)
30,000 h operations (to replace electrolytic cell only)
52 MWh
79 MWh
131 MWh
183 MWh
56.5% of load covered by Li-ion battery
85% (without taking into account conditioning)
10,000 cycles (2025 target)
30,000 to replace the whole battery pack
www.electropowersystems.com
Electro Power Systems S.p.A.
Headquarters
Boulevard Poissonnière 14-16
75009 Paris, France
+33 1 71 18 29 12
Research & Development
Strada Carignano, 48/2
10024 Moncalieri (TO), Italy
+39 011 9899817
+39 011 2258212
Manufacturing Plant
Via Lavoratori Vittime del Col du Mont, 36
11100 Aosta (AO), Italy
+39 0165 1870411
+39 0165 1870412
Assembling Plant
7202 Whitmore Lake Rd
48116 Brighton, Michigan (USA)
+1 810 588 4800
www.electropowersystems.com