View Executive Summary

Harvesting clean, renewable, low-cost electricity
from gravity-fed water pipes
LucidPipe TM
Driven by the demand for reliable, cost-competitive electricity, local municipalities
and industrial water users deploy our in-conduit hydropower system, LucidPipe
Power System, to generate renewable electricity from water already flowing in
their pipes.
Depending on head pressure, flow and pipe diameter, each LucidPipe produces up
to 100 kW of renewable electricity by extracting excess head pressure from large
diameter (24”-96”), gravity-fed water pipes. Users can maximize their electricity
generation by installing multiple LucidPipe systems in a single pipeline.
With LucidPipe, large water users get more out of what they are already doing by
easily capturing the wasted energy in their current operation.
Generates Megawatts of Electricity
Lucid Energy installed its first commercial system in a municipal water supply
pipeline at Riverside Public Utilities (RPU) in Riverside, California in January
2012. The system is performing consistently, quietly and demonstrating an 80%
improvement in performance over the company’s 2011 pilot. Lucid’s pilot fed
more than 23 megawatt hours of renewable electricity to the grid, during 3500
hours of continuous operation at RPU.
Multiple LucidPipe projects are being firmed up in key target markets for
deployment beginning in late summer 2012. Lucid expects to produce and deploy
over 50 megawatts of electrical capacity, resulting in annual revenues of over $100
million by 2016.
Reduces Operating Costs
Water and energy are closely linked. LucidPipe turns a waste-stream into revenue
by harvesting otherwise wasted energy (in the form of excess head pressure in
moving water) and converts that energy into electricity. This electricity can be
returned to the user, or fed back to the grid to lower operating costs.
Lucid Energy is engaging with leading strategic corporate partners from the
energy and water infrastructure markets to accelerate market penetration. To see
our product and learn more, visit www.lucidenergy.com.
Helps Offset Water Costs
Enormous amounts of energy are expended every day to treat and distribute
water. The use of LucidPipe helps to offset operating costs associated with water
by converting unused energy into electricity:
• Power represents 40%-50% of a water agency’s annual operating budget;
• 6% of U.S. energy consumption and 20% in California
goes to move water;
Power is purchased at great expense from a fossil-fuel dependent grid.
LUCID ENErGy, INC. 108 NW 9TH AVE, SUITE 201, POrTLAND, Or 97210
Business
Lucid Energy is a manufacturer
of a renewable energy turbine
system that enables municipal,
industrial and agricultural
facilities to produce baseload,
dispatchable, low-cost electricity
from gravity-fed water pipelines
and effluent streams.
ManageMent
Gregg Semler
President and CEO
Terry Smith
Vice President of Engineering
Josh Kanagy
Director of Business Development
Mike Temple
CFO/Director of Operations
CoMpany BaCkground
Founded as Lucid Energy
Technologies, LLP in 2007 and
restructured as Lucid Energy, Inc.,
2011
Value proposition
LucidPipe harvests clean, reliable
energy by extracting excess head
pressure in pipelines. It provides
baseload energy without the
intermittency of wind and solar,
virtually no impact on water flow,
and no environmental impact.
Navigant Consulting estimates
a U.S. market of $5-6 B, and
international market 3-4X the
U.S. Market. By 2016, expect to
produce and deploy turbines to
generate over 50 million MWH,
for annual revenues in excess of
$100 M by 2016.
CoMpetitiVe adVantages:
• Patented technology
• Successfully deployed product
and produced over 30 MWh of
electricity
• Northwest Pipe
(NASDAQ:NWPX), largest producer
of steel water pipe in the U.S., is
an active investor and partner,
opening doors to $50+BN U.S.
water infrastructure market.
• Lucid is working with major
water and energy industry players
– CH2M Hill, Siemens, Honeywell
and Johnson Controls
Funding stage & aMount
Series A of $6M
ContaCt
Gregg Semler, President and CEO
503-341-0004
gregg.semler@lucidenergy.com
www.lucidenergy.com

Patented Technology
Lucid’s first LucidPipe patent was developed with Northwest
Pipe Company, the largest manufacturer of steel water
transmission pipe in the U.S. The patent was issued by the
USPTO in May 2011 and was also filed internationally to
ensure protection in target markets. Lucid is applying for
new patents for recent innovations.
Immediate LucidPipe Prospects
in the U.S. and Worldwide
Lucid Energy is targeting in-conduit hydropower projects
in the most densely populated areas of the U.S. where the
market is estimated to be thousands of turbines, or billions
of dollars. Worldwide, the market is estimated to be 3-4
times larger than the U.S.
LucidPipes Needed In Miles of Pipelines
The EPA states that $650 billion in water infrastructure
upgrades are needed to replace aging pipelines and to
satisfy new demand over the next 20 years. Incorporating
LucidPipe systems into the miles of pipeline slated for
rehabilitation or new construction will create the capacity
for hundreds of megawatts of renewable electricity from
otherwise wasted water.
Entrepreneurial and Engineering Team
Lucid Energy’s experienced multidisciplinary team is led
by its President & CEO, Gregg Semler, a veteran leader in
the clean energy sector who has headed clean technology
companies since 2000. Gregg combines exceptional
vision with the hardcore analytical skills needed to create
and manage a growing company. He brings 20+ years of
exceptional entrepreneurial leadership as the driving force
behind launching new products into the market. Terry
Smith, Vice President of Engineering, is a seasoned product
development leader with a very strong background in
developing high volume renewable energy systems. Josh
Kanagy, Director of Business Development has led Lucid’s
sales and marketing efforts for the past three years and is
a frequent presenter at national water works conferences
and has provided testimony to local legislative bodies.
Mike Temple, Director of Finance and Operations, is an
experienced leader with 20 years of proven experience
Financial Projections ($,000s)
reVenue
Cogs
gross proFit
gross Margin
operating inCoMe
head Count
2012
$1,463
$1,243
$219
15%
($3,813)
17
commercializing new products. Mike has established the
financial procedures for eight companies, both domestically
and internationally, and is an expert at linking strategic
initiatives with annual operating plans and budgets.
Pursuing Funding
Lucid Energy’s experienced multidisciplinary team is led
by its President & CEO, Gregg Semler, a veteran leader in
the clean energy sector who has headed clean technology
companies since 2000. Gregg combines exceptional
vision with the hardcore analytical skills needed to create
and manage a growing company. He brings 20+ years of
exceptional entrepreneurial leadership as the driving force
behind launching new products into the market. Terry
Smith, Vice President of Engineering, is a seasoned product
development leader with a very strong background in
developing high volume renewable energy systems. Josh
Kanagy, Director of Business Development has led Lucid’s
sales and marketing efforts for the past three years and is
a frequent presenter at national water works conferences
and has provided testimony to local legislative bodies.
Mike Temple, Director of Finance and Operations, is an
experienced leader with 20 years of proven experience
commercializing new products. Mike has established the
financial procedures for eight companies, both domestically
and internationally, and is an expert at linking strategic
initiatives with annual operating plans and budgets.
GrEGG SEMLEr, PrESIDENT AND CEO | 503-341-0004 | GrEGG.SEMLEr@LUCIDENErGy.COM | WWW.LUCIDENErGy.COM
2013
$9,192
$6,710
$2,481
27%
($2,463)
30
2014
$24,033
$17,544
$6,488
27%
($1,262)
44
2015
$49,432
$30,153
$19,278
39%
$8,589
64
the luCidpipe
2016
$107,202
$65,393
$41,808
39%
$26,453
78