1. Document number Finding Financial Solutions & Models for Microgrids Maryland Clean Energy Summit Panel Wednesday, October 16, 2013

2. DNV GL Energy One company serving the needs of the energy market place  Business and technical consultancy, expert advice, operational services  Testing, inspections, certification, verification  Risk, performance, and quality management  Research & innovation – Up to 5% of annual revenue spent on R&D  DNV GL now a 17,000 person team, over $4 Billion in revenues,  DNV GL Energy: 3,300+ experts continents, combined heritage of nearly 150 years 2

3. What is a Microgrid?  Technically…A “microgrid” is an integrated energy system of distributed energy resources & multiple electrical loads operating in a single, autonomous grid—either in parallel to or ‘islanded’ from the existing utility power grid 3

4. These Devices Are Brought Together to Form an Asset Components communicate and leverage markets to introduce savings 4 Power Trading District Heating Demand Response Energy Management Center CHP PV Solar Renewable DG Energy Storage Offshore Wind Onshore Wind

5.  Goal is to help participants understand the models, challenges, or public- private partnerships the encourage further deployment.  Today’s panelist - John Christmas John Christmas Senior Vice President, Hannon Armstrong - Eric HermanEric Herman Senior Financial Services Manager, Infrastructure and Cities; Siemens - Jessica HarrisonJessica Harrison Principal Consultant; DNV GL Energy Panel Focus Experience and Insights to Financing the Technologies 5

6. www.dnvkema.com Richard Fioravanti VP, Distributed Energy Resources DNV KEMA Energy & Sustainability Richard.Fioravanti@dnvkema.com O: (703) 631-8488 M: (703) 216-7194 www.dnv.com