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Who Is Bloom Energy?

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Who Is Bloom Energy? Secure, Clean, Reliable Energy May 2015 Who is Bloom Energy? Mission: “To make clean, reliable energy affordable for everyone in the world.” Solid oxide fuel cell technology first pioneered for NASA Blue Chip Customers Proven Performance Mission Critical Implementations Page 2 The Bloom Energy Server: 21st Century Solution All-Electric Solution AC Power Natural Gas or DC Power Biogas Low/No CO2 No NOx or SOx Mission Critical reliability Resiliency to threats Cost control and predictability Meet sustainability objectives Page 3 | Confidential Rapid Growth with > 150 MW Deployed 2008 Today Page 4 | Confidential How It Works Convert fuel directly into electricity…without combustion Conventional Electrical Generator Bloom’s Fuel Cell Natural Gas Natural Gas (Chemical Energy) (Chemical Energy) Combustion (Thermal Energy) Turbine (Mechanical Energy) Alternator Electrochemical Reaction (Electrical Energy) (Electrical Energy) Efficient = More Electricity Inefficient = Less Electricity Bloom offers up to 60%+ electrical efficiency, the highest commercially available. Page 5 | Confidential Scalable, Flexible, Modular Fuel Cell Stack Module System Solution 25 W 1 kW 40-50 kW 200 - 250 kW 200 kW to MWs Page 6 | Confidential Attributes of Bloom Platform 2. Reliable, Constant Electrical 3. Solid State & Redundant Design 1. Simple, Modular Building Blocks Output 24x7x365 Resilient to External Events For “Pay as You Grow” Scalable Solutions 8. Time to Power 4. Reduced/Zero CO2 No NOx/SOx The Bloom Energy Server 7. Local Fuel Flexibility 6. Cost Control and Natural Gas, Biogas, LNG 5. Low Resource Demands Predictability for Up to 20 Years Requires Virtually No Water Page 7 | Confidential Bloom: Highly Scalable Streamlined Solutions 400 kW 6 MW Office Tower Setback Data Center 400 kW 10 MW Central Office Data Center 1 MW 30 MW Biotech Laboratory Utility Deployment Page 8 | Confidential Mission Critical Deployment Example Traditional topology reliability 0.98 Streamlined Bloom Energy topology 0.998 “Dramatically outperforms” Page 9 | Confidential Department of Defense Industry Government Agency The DOD has deployed a 1.6 megawatt Bloom Energy installation at Bloom Installation the NSA Campus, located on Fort Meade, Maryland. Since 2013, The 1.6 MW – Fort Meade, MD Department of Defense has been gaining real world experience in Objective understanding how fuel cells can play an important role in the DOD Department of Defense has a stated mission to reduce energy costs, decrease energy security strategy. The goal is to ensure access to reliable reliance on foreign oil, ensure energy supplies of energy and to deliver sufficient energy to meet mission security, and achieve sustainability goals. critical requirements. The fuel cells are designed to generate power Headquarters on-site, eliminating the need for critical electrical transmission from Washington, D.C. the grid. It provides reliable power, eliminates the need for costly backup infrastructure, and reduces carbon emissions at the facility. Page 10 | Confidential Policy Issues . Investment Tax Credit Section 48 . Investment Tax Credit Section 48 . Investment Tax Credit Section 48 Page 11 | Confidential Contact Information Jon Powers Managing Director Public Sector Business Development [email protected] Page 12 | Confidential Page 13 | Confidential Apple Industry Technology “When our bio-gas-powered fuel cell installation comes Bloom Installation 10 MW – Maiden, NC online later this year, it will provide more than 40 million kWh of renewable energy annually.” Objective Increase energy reliability and power the North Carolina data center with -Apple renewable energy. Page 14 | Confidential Walmart Industry Retail Bloom Installations 40+ Projects in CA and on the East Coast Objective Walmart seeks an energy solution that will "At Walmart, our goal is to be supplied by 100 help them achieve their renewable percent renewable energy. To do this, we are energy targets while contributing to lower costs and providing the potential to supply considering a number of emerging technologies, continuous power to stores, even during including Bloom Energy, to ensure they work for our critical grid outages. business, help lower costs for our customers, and reduce our impact on the environment. We hope to use our scale to help bring these technologies to market in a fast and cost effective way." – Bill Simon Chief Executive Officer Page 15 | Confidential .
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