IoT for Energy Africa Australia Technology & Infrastructure - PowerPoint PPT Presentation

IoT for Energy Africa Australia Technology & Infrastructure Conference Perth, August 27&28, 2018 PRESENTER: Jon Keeble, CTO, Wattwatchers Digital Energy CONFIDENTIAL 1

Wattwatchers at a glance ● 25K+ devices in the field in commercial rollouts (Australia/NZ/UK) ● 70+ pilots and trials in 12+ countries on 6 continents ● Winner Australian Technology Competition New Energy Award 2016 ● Included in global Free Electrons Top Designed for intelligent grid and clean 30 & SET100 in 2018 energy transition applications including: ● Secured top international certifications ● Distributed Energy Resources (DER) of UL and CE-mark ● Demand response/management ● ‘Works with’ 20+ software and ● Smart home/building/community hardware partners – and growing ● Energy program performance and measurement & verification ● Revenue grade smart meter in development CONFIDENTIAL 2

Business evolution a decade in the making Control models & Founded 2007 Semi-finalists in industry-leading Winner of Australian ‘Energy Data Hub’ technology competitions Technologies Competition New With a mission to empower Energy Award Switching & DRED consumers with energy data. Clean Technology Open & GE added, ModBus in Ecomagination Challenge named 15,000 units deployed. development; API Wattwatchers as semi-finalists expands to ‘Energy Data Hub’ 2011 2015 2017 2012 2016 2018 Prototype products Monitoring models available $4M Series A capital round launched in beta trials for growth finalised Auditors available in 3G and After an intensive research WiFi; first generation API launched and development phase CONFIDENTIAL 3

Team Gavin Dietz Rob Louis Jon Keeble Murray Hogarth Chief Executive Officer Head of Finance & Operations Chief Technology Officer Director of Communications & Community Networks Information technologist with a history in large scale startups including News Limited & Twentieth Century Fox. Founder member of Bayard Capital - purchased and merged 14 smart metering technology companies. Darius Salgo Tom McDermott James Clements Global CIO based in Sydney and Switzerland for world’s largest meter Business Development Manager Software/Firmware Manager Business Development Manager & Technology Specialist manufacturer - Landis + Gyr (Commercial & Industrial Markets) Gavin joined Wattwatchers to lead its growth phase in mid-2016. Board of Directors (includes CEO) Justine Jarvinen - Independent Chair Dr Mark Bonnar - Director Grant Young Blair Pritchard - Director Lead Application Developer Christopher Bean - Founder and Director CONFIDENTIAL 4

DIN rail mounted in meter box or DIN rail mounted in meter box or ● ● circuit breaker board circuit breaker board DIN rails are standard in both DIN rails are standard in both ● ● retrofit and new build installations retrofit and new build installations Installation in 15-30 minutes by Installation in 15-30 minutes by ● ● an electrician an electrician Onboarding app to ensure accurate Onboarding app to ensure accurate ● ● and 100% successful installation, and 100% successful installation, also captures metadata of also captures metadata of house installation house installation Switching version can control Switching version can control ● ● circuits and appliances from circuit circuits and appliances from circuit board, including pool, A/C and hot board, including pool, A/C and hot water water Accurate and successful installation Accurate and successful installation ● ● is key to energy measurement and is key to energy measurement and control success control success CONFIDENTIAL 5

Wattwatchers Product Roadmap … how we’re evolving 2014-16 2017 2018 2019 2020 Monitoring Monitoring Monitoring Monitoring + Monitoring + Switching Switching + Switching Add Switching +ModBus +ModBus Add ModBus +NMI & NEM-compliant Add NMI-compliant Wattwatchers = Smart secondary meter Meter-Plus ● Solar monitoring & export control ● Solar monitoring ● Solar monitoring ● Integrated STEP 3 ● All previous ● Virtual Power Plant functionality of a ● Home Energy functionality plus ● Home & Small market meter plus full ● Home Energy Management billing for solar Business Energy suite of behind the Management PPAs and Management utility meter ● Demand response ● Small Business Energy Embedded monitoring and control Management ● M&V for C&I ● Demand response Networks ● deX Approved CONFIDENTIAL 6

The Wattwatchers model is horizontal and very scalable Full Stack Commercial and Retail Utility Grid Utility Residential Industrial Behind Tariff DER Wholesale the Meter Customer Optimised Optimised Energy Building optimisatio monitoring risk IoT engagemen network network efficienc performan n and and manageme t visibility operation y ce Manageme manageme nt nt nt Application menu Base Stack API This is Wattwatchers Cloud Comms (cellular, WiFi, IoT) LOAD CONTROL DATA CAPTURE Behind the Meter High granularity DERs–solar inverter, Circuit-level control monitoring data battery control CONFIDENTIAL CONFIDENTIAL 7 7

Wattwatchers foundation to Grid 2.0 Derivative data products Expansion Usage insights ● Trade—2nd vendor to integrate with the Greensync deX energy resource ● Next aggregation trading platform Operational analytics ● Developer and embedded network deployments—default energy management ● Predictive maintenance ● and billing solution Full encryption across data stack DER upsell ● Add direct-to-electrician/direct-to-consumer as a fourth major channel in 2019 ● Customers DER Providers ESCOs and Facilities Managers Utilities Energy efficiency Customer insights Monitoring ● ● ● Cost reduction Real-time engagement Inverter control ● ● ● Conservation insights Operation optimisation Load shifting ● ● ● Building performance management Wholesale management Battery management* ● ● ● Cloud *coming Rest API AWS (Sydney) Token-based Authorisation Connectivity: 4G LTE / WiFi / LoRaWAN** **pilot stage Devices Pool Billing Automation Building HVAC Hotwater Solar pumps meters platforms management

Wattwatchers already targets multiple market segments Software-as-a-Service (SaaS) Energy Management Systems (EMS) partners for energy and energy- influenced applications: Mordor Intelligence Solar monitoring and remote ● Market size $105Bn by 2023 control SaaS CAGR 19% Utility support ● Markets and Markets Home/building automation ● Market Size $76.74Bn by 2021 CAGR 18.8% Smart Meter Market Energy Services companies Markets and Markets Market Size $20Bn by 2022 (ESCOs) mainly commercial and CAGR 9.34% ESCOs industrial: Sub-metering ● Demand Response Systems Energy Efficiency ● Distributed Energy Resources ● Grandview Research (DER) Market Size $36Bn by 2025 Embedded Networks ● CAGR: 15% Measurement & Verification ● Utilities (M&V) Asset Protection ● Energy Retailers and Network Building Automation ● Businesses for: Customer engagement ● Building Automation and Controls and insights Virtual power/demand plants ● Statista (solar and solar+battery fleets, Market Size $100Bn by 2022 demand response) (2016 $53.7Bn) Grid visibility and control ● CONFIDENTIAL 9

Examples of current partners PARTNERS WHAT THEY DO KEY USE CASES World-leading solar performance -Residential and commercial solar monitoring solution for rooftop PV -Utility/investor PPAs Energy services platform -Real-time energy management -Load control Demand management and -Network OPEX Decentralised Energy Exchange -Virtual Power Plants Smart hub with Energy -Residential Management System (EMS) -Small business Enterprise energy management -SMEs -Business chains Energy and education -Educational gamification -School energy management Solar for rentals addressing -Rental properties landlords and renters Tariffs and billing engine -Consumer -Utility CONFIDENTIAL 10

Data from Wattwatchers API (being upgraded) Current default fields included in the API for short (streaming) and long (logged & time and date-stamped) energy: duration: the nominal duration of this energy reading, in seconds. ● timestamp: the timestamp of this reading, in UTC seconds since 1970 (epoch time). ● frequency: the frequency of channel 1, in Hz. ● vRMS: a list of RMS voltages, in Volts. ● iRMS: a list of RMS currents, in Amperes. ● eReal: a list of energy readings, in Joules. ● eRealPositive: a list of the positive components of energy readings, in Joules. ● eRealNegative: a list of the negative components of energy readings, in Joules. ● eReactivePositive: a list of the positive components of reactive energy readings, in Joules. ● eReactiveNegative: a list of the negative components of reactive energy readings, in Joules ● eReactive: a list of reactive energy readings, in Joules. ● vRMSMax: a list of the maximum RMS voltages that were seen in the readings that make up the long energy ● entry, in Volts. vRMSMin: a list of the minimum RMS voltages that were seen in the readings that make up the long energy ● entry, in Volts. iRMSMax: a list of the maximum RMS currents that were seen in the readings that make up the long energy ● entry, in A. iRMSMin: a list of the minimum RMS currents that were seen in the readings that make up the long energy entry, ● in A. CONFIDENTIAL 11