1. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 EUROPEAN UNION SUSTAINABLE ENERGY WEEK Brussels, January 28 th – February 1 st, 2008 ‘Don Qhyxote: A company strategy towards sustainability’ Carlos Velasco Hydrogen Division Sales & Marketing Director

2. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 AJUSA: ICE components manufacturer AJUSA: ICE components manufacturer Car industry evolution due to: Car industry evolution due to: o Pollutant emissions and climate change o Oil scarcity AJUSA evolution: adaptation to sustainability AJUSA evolution: adaptation to sustainability o PEM Fuel Cells and Hydrogen Technologies o Don Qhyxote Projects Conclusions Conclusions Future Future Agenda

3. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 AJUSA presentation Founded in 1972, AJUSA is today a world leader ICE components manufacturer Founded in 1972, AJUSA is today a world leader ICE components manufacturer Exports 77% of production to 80 countries Exports 77% of production to 80 countries Headquarters in Albacete (Spain), branches in Los Angeles, Mexico D.F., Sao Paulo, Moscow and Shanghai Headquarters in Albacete (Spain), branches in Los Angeles, Mexico D.F., Sao Paulo, Moscow and Shanghai Most complete catalogue for Head Gaskets, Head Bolts, Hydraulic Lifters and Camshafts Most complete catalogue for Head Gaskets, Head Bolts, Hydraulic Lifters and Camshafts

4. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 Today’s ICE

5. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 Unsustainable transport sector Transport sector emissions represent a high percentage of the total pollutant emissions to the atmosphere Transport sector emissions represent a high percentage of the total pollutant emissions to the atmosphere Car industry is responsible for the transport sector to be the one whose emissions have increased in the highest percentage in the last few years Car industry is responsible for the transport sector to be the one whose emissions have increased in the highest percentage in the last few years Oil based fuels used in ICE emit huge amounts of greenhouse gasses every year, day after day Oil based fuels used in ICE emit huge amounts of greenhouse gasses every year, day after day Additionally, seems like we are facing a new era of oil scarcity: before 2015 demand might widely exceed supply Additionally, seems like we are facing a new era of oil scarcity: before 2015 demand might widely exceed supply Situation is becoming critical in urban areas: Madrid city hall has recently recommended not to practice any outdoor sports until pollution levels decrease somehow (BUT HOW…?????) Situation is becoming critical in urban areas: Madrid city hall has recently recommended not to practice any outdoor sports until pollution levels decrease somehow (BUT HOW…?????)

6. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 Car industry evolution All main car manufacturers have developed hydrogen electrical vehicle prototypes, running on PEM fuel cells. All main car manufacturers have developed hydrogen electrical vehicle prototypes, running on PEM fuel cells. Oil crisis, announced oil shortages, and the need to reduce CO 2 emissions, will bring new technologies into the car industry for vehicle propulsion, which will be very different from today’s ICE Oil crisis, announced oil shortages, and the need to reduce CO 2 emissions, will bring new technologies into the car industry for vehicle propulsion, which will be very different from today’s ICE Hydrogen and PEM fuel cells: SUSTAINABLE SOLUTION Hydrogen and PEM fuel cells: SUSTAINABLE SOLUTION o Hydrogen: alternative fuel to oil based fuels. Will solve environmental and supply problems, it is extremely clean and inexhaustible o PEM fuel cell: electrochemical device which transforms the hydrogen energy content into electricity

7. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 AJUSA evolution One of the main promoters of the hydrogen infrastructures in Europe, basic for the implantation of the hydrogen economy One of the main promoters of the hydrogen infrastructures in Europe, basic for the implantation of the hydrogen economy If car industry evolves to new technologies, AJUSA must evolve in the same way in order to keep its competitiveness in the near future If car industry evolves to new technologies, AJUSA must evolve in the same way in order to keep its competitiveness in the near future More than 10 years researching and developing hydrogen technologies More than 10 years researching and developing hydrogen technologies First PEM fuel cell manufacturer in Spain First PEM fuel cell manufacturer in Spain

8. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 AJUSA adaptation: PEM fuel cells AJUSA is able to manufacture all the components of the PEM fuel cell, ensemble the stack, and develop the required BOP to supply power units for transport, stationary and portable applications AJUSA is able to manufacture all the components of the PEM fuel cell, ensemble the stack, and develop the required BOP to supply power units for transport, stationary and portable applications 35 years of industrial experience, synergy of production processes of four product lines and strong researching capacity: development of optimal processes for manufacturing PEM fuel cells 35 years of industrial experience, synergy of production processes of four product lines and strong researching capacity: development of optimal processes for manufacturing PEM fuel cells Current manufacturing processes (machining, molding, stamping, injection, sealing techniques…) are not difficult to adapt to the requirements of the manufacturing processes of the PEM fuel cells Current manufacturing processes (machining, molding, stamping, injection, sealing techniques…) are not difficult to adapt to the requirements of the manufacturing processes of the PEM fuel cells

9. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 PEM fuel cell models MODEL FC005 MEA active area: 25 cm 2 MEA active area: 25 cm 2 Power: 250W Power: 250W Cooling system: air or water Cooling system: air or water Hydrogen supply: dead-end Hydrogen supply: dead-end Air supply: continuous flow Air supply: continuous flow

10. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 PEM fuel cell models MODEL FC006 MEA active area: 100 cm 2 MEA active area: 100 cm 2 Power: 3000W Power: 3000W Cooling system: air or water Cooling system: air or water Hydrogen supply: dead-end Hydrogen supply: dead-end Air supply: continuous flow Air supply: continuous flow

11. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 PEM fuel cell models MODEL FC010 MEA active area: 150 cm 2 MEA active area: 150 cm 2 Power: 5000W Power: 5000W Cooling system: air or water Cooling system: air or water Hydrogen supply: dead-end Hydrogen supply: dead-end Air supply: continuous flow Air supply: continuous flow

12. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 PEM fuel cell models MODEL FC012 MEA active area: 300 cm 2 MEA active area: 300 cm 2 Power: 10000W Power: 10000W Cooling system: air or water Cooling system: air or water Hydrogen supply: dead-end Hydrogen supply: dead-end Air supply: continuous flow Air supply: continuous flow

13. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 PEM fuel cell and self rechargeable battery hybrid system First vehicle powered by a Spanish PEM fuel cell!! Demonstration projects: Demonstration projects: Hydrogen Scooter Project

14. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 PEM fuel cell model FC010 – 1000W PEM fuel cell model FC010 – 1000W Hydrogen supply: two metal hydride tanks Hydrogen supply: two metal hydride tanks Loading capacity 100 Kg, speed 10 Km/h, range 45 km Loading capacity 100 Kg, speed 10 Km/h, range 45 km BOP developed by AJUSA BOP developed by AJUSA 100% Spanish Technology Demonstration projects: Demonstration projects: Hydrogen Scooter Project

15. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008

16. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 PEM fuel cell and self rechargeable battery hybrid system Vehicle weight: 800 kg Electric engine power: 4kWe PEMFC power: 5kWe Hydrogen supply: gas - 350 bar Loading capacity: 4 passengers Speed: 30 Km/h Range: 120 Kms Refueling time: 3-4 minutes

17. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 1st PHASE: 350 bar dispenser: TK 16 (cars) y TK 25 (buses) 2nd PHASE: 700 bar dispenser (standardization process) 3rd PHASE: Hydrogen production on-site

18. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 5kWe (electric) and 7kW (heat) PEM fuel cell CHP system, in combination solar thermal and photovoltaic and wind energies

19. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 Hydrogen City in AJUSA industrial complex I+D TH

20. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 Other Projects PROYECTO EPiCo DEVELOPMENT OF FUEL CELLS IN SPAIN SINGULAR AND STRATEGIC SCIENTIFIC- TECHNOLOGICAL PROJECT ENERGY NATIONAL PROGRAM

21. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 Other Projects FUEL CELLS AND THEIR COMPONENTS RESEARCH AND DEVELOPMENT PROJECTS Funds Funds: PROFIT from the Science and Education Ministry Energy National Program Strategic action for more efficient and less pollutant energy systems R&D PROJECT Castilla-La Mancha Autonomous Region Government Regional Industry Ministry

22. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 AJUSA’s Don Qhyxote Projects show that PEM fuel cells and hydrogen technologies WORK AJUSA’s Don Qhyxote Projects show that PEM fuel cells and hydrogen technologies WORK Hydrogen technologies represent a viable solution to present environmental problems Hydrogen technologies represent a viable solution to present environmental problems Viability of hydrogen technologies depends on cooperation between Governments and private industry Viability of hydrogen technologies depends on cooperation between Governments and private industry A hydrogen economy will allow our society to maintain social, economic and industrial growth in a sustainable way A hydrogen economy will allow our society to maintain social, economic and industrial growth in a sustainable way Conclusions

23. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 AJUSA will further promote its Don Qhyxote projects as a sustainable alternative to current energy production- supply models, in an effort to accelerate the implantation of the hydrogen economy AJUSA will further promote its Don Qhyxote projects as a sustainable alternative to current energy production- supply models, in an effort to accelerate the implantation of the hydrogen economy Hydrogen technologies introduces AJUSA in new markets different from the car industry (stationary and portable applications) Hydrogen technologies introduces AJUSA in new markets different from the car industry (stationary and portable applications) NOIL: PEM fuel cell power units in 2008 NOIL: PEM fuel cell power units in 2008 Look forward to new cooperation projects and strategic alliances to keep developing hydrogen technologies Look forward to new cooperation projects and strategic alliances to keep developing hydrogen technologies Future

24. European Union Sustainable Energy Week Brussels, January 28 th – February 1 st, 2008 Copyright AJUSA - 2008 THANK YOU FOR YOUR ATTENTION WAY TO HYDROGEN, WAY TO GO!