Stem SPAC Presentation Deck
ATHENA CUMULATIVE RUNTIME HOURS
stem Stem's Athena Al Platform is Built On 3 Generations and >10 Years of Data + Experience Confidential 16
900+ sites & ~1 GWh in
operation & contracted(1)
20M
16M
12M
8M
4M
■
OM
2014
2015
Gen 1
2009-2015 5+ years inventing the market
First to market with C&I storage
First Hawaii Electric VPP
First California ISO wholesale market
participation
Source: Stem. (1) As of 31-Oct-2020.
100+ sites in
operation
2016
400+ sites & 100 MWh in
operation
2017
Gen 2
2016 - 2018 2+ years commercial growth
▪ First storage VPP for California Resource
Adequacy & distribution deferral
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▪ First municipal storage VPP with Austin
Energy
First C&l storage in Arizona
First storage VPP in Japan
2018
2019
Gen 3
2019 2020 2+ years accelerating growth
■ First Stem as a service contract via SK SUSI RFP award
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2020
▪ Serving 40 utilities & markets
▪ Delivering multiple value streams in Ontario market
Partnering with solar IPP & energy market
Supplying backup power
>20,000 market dispatches/year
■View entire presentation