Stem SPAC Presentation Deck
stem Stem Delivers a Strong Value Proposition to Customers
BEHIND THE METER "BTM"
FRONT OF THE METER "FTM"
COMMERCIAL & INDUSTRIAL
Reducing Consumer Energy Bill
Athena Al optimizes time-of-use
and demand charges, resulting in
10% - 30% monthly electricity bill
reductions
Corporate ESG Objectives
35% of Fortune 500 have
committed to carbon neutrality(1)
UTILITIES, IPPS, DEVELOPERS
Increasing Asset Returns
Athena Al enables solar generation
time-shifting and participation in
ancillary revenue streams, resulting
in 10% - 30% unlevered IRRS
Supports Grid Stability
Athena Al reduces volatility and
supports local grid capacity needs
2,500
2,000
1,500
1,000 -
500
0
(500)
(1,000)
(1,500)
09:30 13:00 16:30 20:00
2,000
1,000
0
(1,000)
(2,000)
(3,000)
Discharging when prices are high
(4,000)
(5,000)
Battery
Charging when prices low
Charging when prices low
Battery
23:30 03:00 06:30
Time of Day
Facility
10:00 13:30 17:00
Grid Sees
(2)
Discharging when prices are high
09:30 12:00 14:30 17:00 19:30 22:00 00:30 03:00 05:30 08:00
Time of Day
(2)
O Solar Generation
Grid Sees
OWENS
CORNING
HOME
DEPOT
Confidential 20
WELLS
FARGO
Cargill amazon
CSU
State University IHG Walmart
Alphabet
AMERESCO Greenskies
syncarpha
capital o
ups
f
ONYX
DSDI
SUMMIT
ENERGY
Source: Stem
(1) Natural Capital Partners. (2) In the top chart, Grid Sees is the net power draw from the grid after the activity of the battery; In the bottom chart, Grid Sees is the net delivery to the grid including the activity of the battery.View entire presentation