© 2005 AMP Resources May 5, 2015 Utah Geothermal Working Group Meeting Presented by Lyle Ball & Paul Stephan / Oct 2005.

© 2005 AMP Resources April 18, 2023

Utah GeothermalWorking Group Meeting

Presented by Lyle Ball & Paul Stephan / Oct 2005

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Amp Resources

Founded 2002• Amp Capital Partners

• Highland Capital (Boston)

• Sorenson Capital (SLC)

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Amp Resources: Business Focus

• Technology Innovation• Subsurface resource mapping (WILLOWSTICK™ AQUATRACK™)• Ammonia/Water binary cycle technology (RECURRENT™ KALINA™)• Industrial waste heat power generation (RECURRENT™ KALINA™)• Investing millions in energy R&D, CLEANTECH lobby & market education

• Engineering Excellence• Project engineering, site advisory, land development & construction management

services• Environmental, mechanical, process, civil, structural & electrical engineering • Logistics, inspections, equipment procurement & expediting • Outside financing assistance, bid package preparation & evaluation

• Power Project Development• Development & ownership of 6 initial geothermal projects• Investing millions in development of geothermal & waste heat projects

• Global Orientation

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Acquisitions (Wholly-Owned Entities)

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Subsurface Resource Mapping with Willowstick™ Aquatrack™

• A patented, magnetic-based subsurface technology that:

• Maps greater detail at depth than other electrical methods (>1 km)

• Maps broader area (1-1,000+ acres) than downhole geophysical techniques

• Provides unparalleled accuracy for delineating subsurface water

• Less intrusive than drilling wells

• Rapid mobilization, analysis and conclusive results

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AquaTrack Applications

•Geothermal mapping and monitoring •Municipal / culinary well site placement•Contamination plume & reaction-front mapping •Aquifer & groundwater mapping•Landfill seepage mapping•Dam leak detection & location•Mine infiltration, control & remediation•Oil production steam injection plume mapping •Pipeline, reservoir and canal leak detection & location

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Kalina™ Geothermal Project Portfolio

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Surprise ValleyCA

Clear LakeCA

StillwaterNV

Salt WellsNV

Hot CreekNV

Cove FortUT

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Global Orientation

•SIEMENS (Licensee; two divisions)•PENTA (U.S. waste heat power generation)•GeoDynamics (Australia geothermal license)•GERD (Japanese geothermal research & engineering)•OCEES (Ocean-based power generation)

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KALINA® Cycle Technology

• Invented 1988• Commercially available from Amp Resources &

licensees around the globe• Underlying principles are simple & understood• Effective, efficient & safe• Utilized in refrigeration for more than 100 years• Breakthroughs in:

• Understanding of ammonia/water properties• Applying principles to power plant operations• Developing advanced efficiency designs

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KALINA = Processes & Methods

• Unique process uses standard technology & components• Use active control of ammonia & water to achieve the following gains:

• Improved heat transfer process• Improved recuperation• Use of (and reliance on) PROVEN power plant components

Improved plant efficiency, more efficient use of a fixed heat source

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Components are Well Known & Proven

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Implementation Options: Cow or Milk?

• Buy the Cow• Purchase a turnkey system• Amp Resources can assist with outside financing• Option to operate the power facility

• Lease the Pasture, Buy Required Milk• Amp Resources builds the system• Your company contracts with Amp Resources for

electricity

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KALINA Projects

• Canoga Park 6.5 MW combined cycle - Test Plant 1991• Fukuoka 5 MW waste heat from MSW incinerator - Test Plant 1999• Sumitomo Steel 4 MW waste heat from closed loop cooling -1999• Husavik 2 MW geothermal - 2000• Chiyoda 4 MW waste heat from hydrocarbon process tower - 2005• Salt Wells 10 MW geothermal - 2007• Stillwater 30 MW geothermal - 2007• Cove Fort 37 MW geothermal - 2007• Surprise Valley 20 MW geothermal - 2007

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Environmental & Safety

• Less hazardous & flammable than organic cycle working fluids• Environmentally benign (the most common compound found in nature)• Ammonia vents easily, and is self alarming• Ammonia is the 6th most-produced chemical in the United States• Proven safety record in ammonia synthesis

Ammonia-Water is safe & environmentally friendly

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Reliability

• Standard power plant design practice• 100 years of steam turbine experience• Fewer prime movers (turbines & pumps)• Standard heat transfer components

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K-Cycle Areas of Application

Power Generation from:

•Waste Heat in INDUSTRY• Cement Manufacturing• Gas Compressor Stations• Iron & Steel Industry• Chemical Industry• Incineration Plants• Diesel Plants

•Hot Brine Heat Recuperation• Geothermal ProjectsPrimary Source

HighTemp.

500° C

LowTemp.

100° C

Steel Plant (Japan)

Waste Incineration (Japan)

Geothermal Plant (Iceland)

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Q & A

•Lyle Ball• VP Marketing, Amp Resources• [email protected]• Mobile (801) 921-9691

•Paul Stephan,• President, Recurrent Engineering• [email protected]• Mobile (801) 362-1082

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