Hydrogen/ BrenselcellerBernt Skeie, CEO

On-going space projects

• Stratobus RFCS

• Energy-system ESA Mars rover

Markets where Fuel Cell technology…

Offshore / Subsea

Shipping / Maritime sector

… is particularly relevant going forward

Industry25 %

Road, air & sea transport

37 %

Energy supply & heating7 %

Other4 %

Gas turbines27 %

Oil & gas31 %

NORWEGIAN CO2 EMISSIONS 2014

Source: Statistisk Sentralbyrå (SSB)

GOALSReduce OpexReduce CapexImprove HSEQReduce Carbon footprint

66

Fuel

RotationHeat

Oxygen

Engine

GeneratorCombustion

Fuel cells are low carbon technology due to higher efficiency than other technologies and «simple» additional CO2 separation

77

CHEOP – Clean Highly Efficient Offshore Power

• 16 mNOK JIP-project (Research Council of Norway (RCN) 50% -Petromaks 2)

• Statoil and Shell are industry partners

• Develop an optimal fuel-cell stack – ideal both offshore and onshore

CHEOP CC (Carbon Cature)

• 8.5 mNOK CLIMIT Demo

• Statoil, Shell and Reinertsen

Project opportunities Marine Fuel Cell systems

Work boat0,2-1,2 MW

Hydrogen ferry0,5 - 3 MW

Seasight~1,5 MW

SunseekerGreen Cruises0,3 -> 3 MW

• Develop fuel cell powersystems for high energydemand vessel types

• Various fuel types• GH2• LH2• Methanol• LNG

• Marine CHEOP

Urban Water ShuttleHydrogen for Maritime use

Road map – large scale Fuel Cell systems

Establish single purpose entities: Maritime FC – NEFC AS Offshore FC – CHEOP AS

Number of green employees in 2030

Retrofit 10% of GE/RR = 300 units650MNOK/unit = 200.000MNOK

approx 200.000 man years = 15000 per year

Approx 30.000 employees in 2030

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Bernt SkeieChief Executive OfficerCMR PrototechTel: +47 55 57 41 10, Cell: +47 950 46 031

Email: bernt.skeie@prototech.no , www.prototech.no

Thank you for your attention !