Testimony House Alternative Energy Committee Rep Ted Celeste Chairman

PUBLIC TESTIMONY HOUSE ALTERNATIVE ENERGY COMMITTEE REP. Ted Celeste – CHAIRMAN Date: Wednesday, October 27, 2009 Time: 2:30 pm Gallery 2 COSI PANEL DISCUSSION Doug Alsdorf, OSU Institute for Energy and the Environment By William Mook, CEO The Mök Companies Human industry uses energy at a rate of 17 trillion watts today. That power level doubles every 17 years as people throughout the world grow richer. Today this power is generated primarily by burning of the following fossil fuels; 30.0 billion barrels of crude oil 5.7 billion tons of coal 2.7 billion tons of natural gas Burning these fuels produce 40 billion tons of carbon-dioxide each year, These fuels also cost humanity $4 trillion per year. Supplies of these fuels are limited. The ongoing industrial growth in Asia, principally in China and India increases demand for energy every day. Energy prices rise as suppliers struggle to meet rising demand with fixed reserves. Failure of supply adversely impacts the economies dependent on these fuels. Growth will continue since human industry produces $66 trillion each year with that $4 trillion worth of energy products. Increasing demand, increasing prices and shortage of conventional supply create a long term trend favorable to alternative energy development. Any nation, any state, any community, that supports the development of alternative energy and helps reduce its costs relative to other communities, will reap the rewards of this long-term growth trend, even if higher fuel prices mean slow downs in more traditional economic sectors. We should take a moment to consider the size of today’s energy infrastructure, relate it to the size of today’s alternative energy structure and consider what it would really take to displace these primary fuels in the time frame given us by the fixed reserves of crude oil, coal, natural gas and fresh air we have left on this planet. Any reasonable analysis must conclude we are not doing enough. But what should we be doing? The very first thing that strikes us is the disparity between the cost of energy today and the cost of alternative energy forms. When we burn any of the primary fuels at market rates we get heat energy. That heat energy may be converted to other forms, but the cost of the heat is a good measure. Here are some recent prices 1 ton coal 1 mcf natural gas 1 barrel crude oil

$26.49 $3.80 $85.00

23.0 giga-joules 1.1 giga-joules 6.1 giga-joules

$ 1.15 per giga-joule $ 3.46 per giga-joule $13.94 per giga-joule

Electricity, which some would say is a higher ‘quality’ source of energy due to its flexibility; 1 mega-watt-hour conventional 1 mega-watt-hour alternative

$100.00 $400.00

3.6 giga-joules 3.6 giga-joules

$ 27.77 per giga-joule $138.89 per giga-joule

We can see the market pays a premium for energy forms. Electricity is more valued than liquid fuels. Liquid fuels are more valued than gaseous fuels and gaseous fuels are more valued than solid fuels. It is well known that this TESTIMONY HOUSE ALTERNATIVE ENERGY COMMITTEE October 27, 2009 William Mook, CEO - The Mök Companies 1 of 2

disparity is due to their ease of use and convenience. These are also factors that must be considered in addition to price. My company is a solar energy company. I have created a solar collection system that is very low cost relative to all existing systems. I can produce panels in quantity at a cost of $0.05 to $0.07 per peak watt. What does this mean to energy cost? Well, in Ohio annual insolation is 1,310 kWh/m2/year. My panels are 40% efficient so this means each square meter of installed capacity generates 524 kWh per year. It also means that a square meter of collector generates 400 watts so costs $20 to $28 installed. With a 20 year life span and a 6.5% discount rate this means each square meter costs between $1.82 to $2.54 per year. So, this means a mega-watt-hour generated by my panels costs no more than $4.84 1 mega-watt-hour Mök low est 1 mega-watt-hour Mök high est.

$3.48 $4.84

3.6 giga-joules 3.6 giga-joules

$0.97 per giga-joule $1.34 per giga-joule

Which is less costly than the least costly of our primary fuels and allows us to contemplate the economic replacement of all primary fuels and put us on track to lower cost energy in the future. All it takes is putting in place regulatory framework to assist in the transition from dirty fossil fuels to clean solar energy. I have included references to online resources detailing this technology for those who are interested. These may be found here; http://www.pdfcoke.com/doc/20047598/Mook-Patent-Application http://www.pdfcoke.com/doc/20024194/Pages-1-42-From-Mok-Report http://www.pdfcoke.com/doc/20024019/White-Paper-to-Mok-FINAL-1 http://www.pdfcoke.com/doc/20019383/mokenergy Basically, I take a sheet of PET plastic and point a foil circuit on it, and mount small photo-voltaic cells on this circuit. I then precision mold this sheet and other sheets of PET and join them all together to form lens like cavities. I ultrasonically join these sheets in a fluid bath which acts as an optical medium. I then insert expanded polystyrene in the base as a stiffener. The result is an array of 25.4 mm lenses that focus sunlight to 5,800x ambient intensity to a 300 micron PV ‘dot‘ equipped with an optical bandpass filter and MEMs based cooling. The foil circuit costs and installation costs dominate the pricing. Material costs, even the Ge/GaAs/InPh ‘dot‘ with MEMS features are nil. There are a variety of ways this technology may be quickly introduced into the energy markets to compete effectively head to head against primary energy producers all without government subsidy. What is needed is the ability to operate AS an energy company in raising capital, and the ability to play on a level playing field with energy companies when transporting, storing and processing solar derived energy rich chemicals that I call ‘sun fuels’. Videos Describing my Technology http://www.youtube.com/watch?v=dbWNnVsBhOg http://www.youtube.com/watch?v=mkX_nvrPt1Y http://www.youtube.com/watch?v=mtimceXOGzw http://www.youtube.com/watch?v=HDYAiFSUkuo

TESTIMONY HOUSE ALTERNATIVE ENERGY COMMITTEE October 27, 2009 William Mook, CEO - The Mök Companies 2 of 2