Long Duration Energy Storage Systems for a Cleaner Future slide image

Long Duration Energy Storage Systems for a Cleaner Future

ESS Transforms the Value Proposition for Long Duration Storage RESS" INC What Customers Demand Up to 12 hours Longer Duration ESSINC Flexibility allows multiple revenue streams $ Low Cost ■ Lower LCOS than other technologies in the market ■ Incremental cost of storage <$20/kWh ་ Power On Demand + Safety and Reliability Sustainability How ESS Transforms the Grid ■ Can replace coal and natural gas with solar and wind power ■ Greater resiliency to unexpected events Step function improvement in economics of storage ■ Enables multiple use cases ■ <1 second response time >20,000 cycle life - $0 marginal cost per cycle Non-flammable, non-toxic, no explosion risk ■ Munich RE insures technology risk Improved grid resiliency and flexibility ■ Can deploy in a wide range of geographies and climates ■ Customers can be confident in a long-term solution Easily sourced materials; recyclable components "Plug and play" with 25-year operating life Environmentally sustainable ■ Accelerates clean energy transition CONFIDENTIAL | 10
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