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8/8/2019 nogoon erchim huch

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Sargas| Mars 09| 2 |

UrgentActionRequired

To break the link between energy

growth and emission growth.

3.000 + coal fired plants globally each of them emitting about 3million tons CO2 P.A.

Our focus is on Greenfield plantsand retrofit plants with >35 year oldboilers.

19-06-09


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Whoarewe?

AScandinavianCleanEnergySolutioncompany

Oslo Sandefjord Finspng

Cleveland

Mission

Convertingfossilfuelstocleanenergy Now.

CompanyFocus

Removal

of

CO2, NOx &

SOx from

coal,

gas

and

oil

fired

power

plants


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Sargas inNorway andaroundtheWorld!

Hammerfest 100 MW gas fired concession to build pending

Gas fired retrofitting : One 140 MW Sargas plant at Melkya Snehvit LNg plant could

burn exhaust from 2 of 5 of the existing gas turbines and by doing so; fulfill the concessionrequirements for CO2 and NOx.

100 MW coal fired plant with CO2 capture and EOR in Wyoming applied to US DepartmentOf Energy (DOE). Sargas Shortlisted.

Sargas will offer a retrofit of capture tech to one existing coal fired power plants in in theUSA, third quarter 2009.

Daewoo Shipbuilding and Marine Engineering Co.(DSME) engineered a Zero emissionpower plant for modularised, standardized mass production ALL countries can afford.

Next step is that Sargas and DSME roll out such low cost power plant globally. Sargas hasglobal lead in Low Capture Cost.


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WhatWeDo

Integratedpowerandcaptureplantfuelledwithcoal,gasoroil.Modulesof100MWescalable.Below2x100MWe

UltraLow Emissions with 95%CO2 capturedandonly5ppm NOX.InourdemoinSwedenwecapturedover99%CO2


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Ithasbeenverifiedthatthepilotplantisabletoremovebetween98

and

99%

(byvolume)oftheinitial CO2 presentinthefluegas.

VRTANDEMO | Verified

SourceIndependentreportfrom IFE/KR/F 2000/056


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BasedonProvenandMatureTechnology

Sargas concept is based on two mature and existing technologies; Pressurized

combustion and Hot Potassium Carbonate (HPC) CO2 capture

Pressurized combustion was developed by ABB early 1980s with plants in operation inEurope , Japan and USA.

HPC CO2

capture process was introduces over 30 years ago with over 800 units is inoperation.

Sargas engineers worked with Amines and realized early 2000 that pressurizedcombustion and HPC was the perfect match and patented the combination withadaptation and critical components

Sargas has the combustor and chemical competence needed to understand and handlethe complexities of Clean Coal


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TechnologyApplication

PressurisedCombustion PressurisedPetrochemicalCO2Capture

Vrtan,Stockholm

Morethan1000 plantsareinoperationaroundthe

world


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ReconfiguringExistingTechnologies


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WeWorkUnderPressure

Pressurisedcombustion&CO2capture

CaptureTechnology

Petrochemical

technology

Vartan Melkya Sleipner

Sargastechnologyintegrates FieldProvencomponentsintoaneffectivepowerplantwithCO2capture.

Pressurisedboiler Pressurisedcapture Pressurisedcapture


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Sargas GreenPower | CostofElectricity

NOK 0,45/kWh 0,05/kWh$ 0,07/kWh

CommercialEquipment | Engineering1year | Construction3years


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Husnes

4x100mwcoalfiredwithco2capture

Location:nexttoSralaluminiumworks

Industrialownership:Sral50/50RioTinto/AlcanHydroaluminium

ErametNorway

Sargas

TargetCoE6UScents/kwh incl.Capture

Outputperannum:

3.000gwh

electricity

2.5mill.Tonco2

Husnes Investmentdecision2009 Inoperation2012


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MONGSTAD EVM | CO2Capture

Delivers 600MWelectricity Captures 98%to 99%CO2 Compact Environmentally friendly Absorbent


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Sargas|Green

Tanker

Length 311,00m

PressurisedTanks 7bar/55Cx78

CargoTank

Capacity;

164

000m3

CrudeCargoCapacity; 142100mT

CO2 Cargocapacity; 142100mT

Servicespeed; 15,00Knots

Redundantmachinery;

TwoEnginerooms

Twovariablespeedelectricallydrivenmainpropellers

TwoPODpropellers

DNV;TankerforOil,CargotankspressurevesselsTypeC

GREENTANKER

Combinationvessel.

CO2 andCrudeOil.

Sargaspropulsion

machinery.

CO2 ,NOx,SOx andparticulateabatement.

MachineryCO2 storedonboard.

Noballastvoyages.

Highsulphurfuelcanbeused.

VOCemissionreducedby75%


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FutureLogistics

Largescaleschemesrequirecooperationandgovernmentalsupport


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2003

Company

established

2006Technology:

Pressurized CO2capturewith hotPotassiumCarbonate

Patentsin

USA,

China,

Russia,andpending in

Europe.

Concession application fora100MWgasfired powerplantinHammerfestsupported bySiemens

verification study

2007

Proven byDemoVrtan DemoStockholm.

Verified by:

IFE,Norway

KTH,Sweden

RSE,USA

WorleyParson,USA

Siemens,Germany

Largescale engineeringstarted.

MOUsigned fora400MWpower plantatHusnesNorway.

2009BasicEngineering(Coal fired Powerplant)

Prospects/Applications:

DOEWyomingUSfor

100MW

CommercialPartners:Daewoo,Korea

NorthAmericanPower

SNCLavalinThermal

NOK110,0mill.*asper02/2009

*)Sttte fra Naturkraft, Norsk Forskningsrd, Petoro, Gassnova og Innovasjon Norge,inklusive Skattefund, totalt ca. NOK 12,9 mill.

Sargas|CO2

Capture

from

interesting

tech

to

commerce


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Summary

98%CO2 captureproven

Robustplantconcept

CaptureCost=Sargasbestinclass

CAPTURECostsmakesCCSaffordablefordevelopingworld

Commercialroll

out

started

Publicaction,nottalk,requiredtospeedupglobaldeployment

AvailableNOW!


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THEWORLD

CAN

TACKLE

ADVERSITY

WITH

GREAT

LEADERSHIP;

E.G.

TheLiberty

Ships

1941

1945

:

3500shipsbuiltinrecordtime

650000workersemployed

Usingobsolete,

but

readily

available

enginesandboilers.


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