1. GWave: Socially Responsible Investment CONFIDENTIAL/PROPRIETARY
October 2014
CONFIDENTIAL/PROPRIETARY
GWave is a registered trademark of GWave LLC.

2. How can we generate 3.5 GWh of electricity?
500 MW Coal-fired plant
800 MW GWave park
CO2: 3.7 million tons CO2
Water used: 2.2 billion gallons
NOX: 10,200 tons
SO2: 10,000 tons
Ash: 125,000 tons
Sludge: 193,000 tons
Small particles: 500 tons
Hydrocarbons: 220 tons
Arsenic, lead, and other toxic metals
No CO2
No water used
No NOX
No SO2
No ash
No sludge
No particles
No hydrocarbons
No toxics
Source: Union of Concerned Scientists

3. Global Threat from Coal in Electric Generation
1,199 proposed coal-fired plants, 1,401 GW capacity
Source: World Resources Institute
Would add 8.6 billion tons of annual CO2 emissions
Existing coal-fired and other fossil-fueled plants
Global emissions at 36 billion tons CO2 emissions
Source: US Oak Ridge National Laboratory
GWave could displace over 2,400 fossil-fired plants
Considering wave resource and power demands
Displacing approximately 14 billion tons CO2 emissions
Source: Charles River Associates
Full build-out of GWave potential would dramatically reduce energy-sector carbon impact

4. Cheap Power Addresses Poverty and Conflict
Water
Power is the single largest cost in desalination
Cheap and abundant power  cheap and abundant water
Social Justice and Pollution
Existing power plants, mines, and waste disposal impacts poor and disadvantaged members of society disproportionally
Solution: Replace fossil fuels with ocean-based generation
“Resource Curse” creates corrupt societies
In countries with weak institutions, abundant oil wealth yields worse outcomes for most citizens
Ocean waves are not a scarce commodity
Conflicts over resources
Reduce dependence on fossil fuels, reduce wars to secure them

5. Secure Power with Low, Stable Prices Creates Economic Growth
Energy-intensive industry follows cheap power
Aluminum left the Pacific NW in 2000s when the value of electricity quintupled, to exploit cheap coal power in S. Korea
Server farms go where they can get low-cost, long-term power contracts
States offer subsidized power to lure new factories, e.g. Tesla’s Gigafactory for batteries in Nevada
Lower electricity prices stimulates the economy
Americans spend over $500 billion/year on electricity
GWave could lower delivered cost by approximately $60 billion/year
Dollars not spent on fuel can be spent or invested elsewhere in the economy
Energy price stability is essential for investment
Price swings can erase profit margins
Layoffs and plant closures follow
GWave power prices can be fixed for the 30-year life of the vessels
Sustainable energy improves trade balances
E.g., Japan spent $250 billion on total fuel imports in 2012, one-third of its total imports
GWave reduces dependency on overseas energy sources

6. GWAVE LLC
Contacts:
Robert Stoddard
Glenn Beane