Long Duration Energy Storage Systems for a Cleaner Future slide image

Long Duration Energy Storage Systems for a Cleaner Future

Technological Breakthrough, Field Proven and Shipping Now Iron Flow first conceived in 1970s But "dirty" electrolyte caused rapid degradation Technological breakthrough - Proton Pump eliminates power fade and limits on cycle life Technological Success Proven Over Time 2017 2020 Demonstrated 10,000+ operating cycles in the lab Gen I EW product line launched Installed S200 automated assembly line 2011 Company formed Developed lab scale battery 2014 2012 2015 Awarded ARPA-e grant for development of Iron based battery First commercial deployment 1 Based on our Generation I products, which are no longer deployed. Energy Center™ product line launched 2019 S200 commercial battery module launched 55 Field proven¹; S200 shipping now RUESSINC R&D roadmap for additional breakthroughs to extend technology advantage Innovative Technology I Proton I Pump (+) ELECTRODE: High surface area carbon electrode (-) ELECTRODE: Carbon composite substrate with polypropene spacer SEPARATOR: Porous polyethylene separator ELECTROLYTE: Ferrous Chloride in aqueous solution CONFIDENTIAL| 21
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