Common use of Goals and Objectives of the Agreement Agreement Goals Clause in Contracts

Goals and Objectives of the Agreement Agreement Goals. The goals of this Agreement are to: • Analyze different compliance pathways, with and without energy storage, to achieve the energy and efficiency requirements and goals of new residential construction under Title 24; • Quantify the impact coordinated operation of localized energy storage can provide to mitigate demand surges and benefit the utility and the grid, at the distribution level; • Report on potential areas of improvement of the current building code; and • Suggest a prioritization to further develop control and optimization strategies, as needed to improve grid harmonization of the building code. Ratepayer Benefits:2 This Agreement will result in the ratepayer benefits of greater electricity reliability and lower costs by providing T24 and Joint Appendix 12 (JA12) recommendations that promote future solar and storage combinations optimized to provide reliable back-up power during outages and lower costs through programed discharge of the battery during times of peak energy rates. Storage provides back-up power for essential needs during outages at the installation site. For customers with critical loads like medical or communication equipment, having battery energy storage to provide backup power can be lifesaving. Integrating solar with battery energy storage can also protect customers during extended public safety power shutoff (PSPS) events. In October 2019, these events impacted nearly two million Californian customers during two separate weekends. If programmed properly, the energy storage device is also capable of charging during the day and discharging according to higher-priced time of use (TOU) rates established by the local utility, saving the customer money at the meter. Technological Advancement and Breakthroughs:3 This Agreement will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by providing expert recommendations derived from field demonstrations to enhance current T24 building code and JA12 to better suit California plans for decarbonization through renewable generation. The expected deployment of more than 3,500 MW of residential and non-residential energy storage in five years in California could yield a CO2 emission reduction of over 390,000 metric tons of CO2, based on the Energy Storage Association's estimates of CO2 emission reductions from U.S. energy storage deployment (2019)4. Potential new homes built in alignment with a better-developed T24 building code and JA12 favoring controllable energy storage could also yield benefits to grid infrastructure and prepare for ancillary grid impacts as a result of increased renewable generation. At the distribution level, leveraging onsite energy storage devices improves power quality through voltage and frequency support and increases the potential integration of renewables. At the bulk level, storage mitigates the impacts of fluctuations in electricity supply by renewable energy injections on the power grid and thereby reduces the system's need for operating reserves.

Goals and Objectives of the Agreement Agreement Goals. The goals goal of this Agreement are to: • Analyze different compliance pathways, with and without energy storage, is to achieve the energy and efficiency requirements and goals of new residential construction under Title 24; • Quantify the impact coordinated operation of localized energy storage can provide to mitigate demand surges and benefit the utility and the grid, at the distribution level; • Report on potential areas of improvement of advance the current building code; state for imaging subsurface flow paths, barriers and • Suggest a prioritization to further develop control heterogeneity, and optimization strategies, as needed to improve grid harmonization delineating steam and water saturated zones in operating geothermal reservoirs through an integrated approach that combines time-lapse acquisition and advanced processing of the building codemagnetotelluric and passive seismic data. Ratepayer Benefits:2 This Agreement will result in the ratepayer benefits benefit of greater electricity reliability lowering the cost of geothermal energy, a non-greenhouse gas (GHG) emitting source of clean energy. This reduction in cost is realized by this technology providing improved accuracy in the location of productive areas for siting ▇▇▇▇▇ and lower costs by providing T24 and Joint Appendix 12 (JA12) recommendations that promote future solar and storage combinations optimized to provide reliable back-up power during outages and lower costs through programed discharge of the battery during times of peak energy rates. Storage provides back-up power for essential needs during outages at the installation site. For customers with critical loads like medical or communication equipment, having battery energy storage to provide backup power can be lifesaving. Integrating solar with battery energy storage can also protect customers during extended public safety power shutoff (PSPS) events. In October 2019, these events impacted nearly two million Californian customers during two separate weekends. If programmed properly, the energy storage device is also capable of charging during the day and discharging according to higher-priced time of use (TOU) rates established by the local utility, saving the customer money at the meteravoiding drilling hazards. Technological Advancement and Breakthroughs:3 This Agreement will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by providing expert recommendations derived from field demonstrations assisting the continued growth of California’s broad portfolio of renewable energy, including geothermal, as required to enhance current T24 building code achieve the goals of SB 350. This growth can be accelerated through the development of innovative technologies and JA12 by narrowing the gap of these technologies to better suit commercialization. This project will demonstrate the advantages of concurrently acquiring magnetotelluric and passive seismic data over a 2 California plans for decarbonization through renewable generationPublic Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The expected deployment California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and increased safety (See CPUC “Phase 2” Decision ▇▇-▇▇-▇▇▇ at page 19, May 24, 2012, ▇▇▇▇://▇▇▇▇.▇▇▇▇.▇▇.▇▇▇/PublishedDocs/WORD_PDF/FINAL_DECISION/167664.PDF).‌ producing geothermal reservoir in a time-lapse sense, jointly inverting these time-lapse data for images of more than 3,500 MW of residential resistivity and nonseismic velocities using workflows and algorithms that enforce structural similarity constraints between the different physical properties, and subsequently correlating the spatio-residential energy storage temporal information in five years in California could yield a CO2 emission reduction of over 390,000 metric tons of CO2, based on the Energy Storage Association's estimates of CO2 emission reductions from U.S. energy storage deployment (2019)4. Potential new homes built in alignment with a betterjoint-developed T24 building code inversion geophysical images to working reservoir models to update these models and JA12 favoring controllable energy storage could also yield benefits to grid infrastructure adjust injection and prepare for ancillary grid impacts as a result of increased renewable generation. At the distribution level, leveraging onsite energy storage devices improves power quality through voltage and frequency support and increases the potential integration of renewables. At the bulk level, storage mitigates the impacts of fluctuations in electricity supply by renewable energy injections on the power grid and thereby reduces the system's need for operating reservesproduction rates.

Goals and Objectives of the Agreement Agreement Goals. The goals of this Agreement are to: • Analyze different compliance pathwaysAccelerate commercialization of low-cost and energy-dense EV batteries, with advancing Recipient’s lithium-metal battery product from TRL 4 to 6, in support of California’s clean energy goals including 100% EV sales by 2035 and without energy storage, to achieve the energy 100% carbon-free electricity by 2045 • Build a production readiness plan that de-risks commercial scale up of low-cost and efficiency requirements and goals of new residential construction under Title 24; • Quantify the impact coordinated operation of localized energy storage can provide to mitigate demand surges and benefit the utility and the grid, at the distribution level; • Report on potential areas of improvement of the current building code; and • Suggest a prioritization to further develop control and optimization strategies, as needed to improve grid harmonization of the building code. Ratepayer Benefits:2 energy-dense lithium battery manufacturing in California This Agreement will result in the ratepayer benefits benefit of relaxed range anxiety and reduced up-front cost of electric vehicles (EVs) while paving the way to greater electricity reliability reliability, lower costs, and increased safety by accelerating a 100% decarbonized electricity grid. Electrified public transit and consumer owned plug-in EVs can be employed as grid-stabilizing agents connected by smart charging systems. This implementation of vehicle-to-grid controlled charging, both single- and bi-directional, can improve electricity grid efficiency by optimizing charging times to level out peak ramping and reduce the need for more conventional baseload generation. Additionally, “spent” EV battery packs are emerging as promising low-cost, second-life grid- storage assets. An estimated $12 billion needed by 2025 to finance construction of >7 GW of new natural gas plants for mitigating renewable intermittency (e.g., the Duck Curve) could be saved by integrating 1.5M EVs into California’s grid, preventing unnecessary burden to ratepayers. By lowering the cost of battery storage below $100/kWh, Recipient’s lithium-battery product will lower costs by providing T24 and Joint Appendix 12 (JA12) recommendations that promote future solar and storage combinations optimized barriers to provide reliable back-up power during outages and lower costs through programed discharge EV adoption, helping California reach milestones of the battery during times Zero Emission Vehicle program and reducing consumer energy bills by broadening the base of peak ratepayers to include large EV 2 California Public Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and increased safety (See CPUC “Phase 2” Decision ▇▇-▇▇-▇▇▇ at page 19, May 24, 2012, ▇▇▇▇://▇▇▇▇.▇▇▇▇.▇▇.▇▇▇/PublishedDocs/WORD_PDF/FINAL_DECISION/167664.PDF). fleets. Lowered financial burden from utility bills will ensure that all Californians can enjoy the same access to renewable and efficient energy ratesand the commensurate health and safety benefits. Storage provides back-up power As renewable energy generation increases across the electric grid, so too does the need for essential needs during outages at the installation site. For customers with critical loads like medical or communication equipmentsystem flexibility, having battery energy storage to provide backup power can be lifesaving. Integrating solar with battery energy storage can also protect customers during extended public safety power shutoff (PSPS) eventsboth daily and seasonally. In October 2019aiding renewables to displace conventional generation, these events impacted nearly two million Californian customers during two separate weekends. If programmed properly, the improved EV batteries will directly deliver progress toward EPIC’s goals to advance clean energy storage device is also capable of charging during the day and discharging according to higher-priced time of use (TOU) rates established by the local utility, saving the customer money at the meter. Technological Advancement and Breakthroughs:3 This Agreement will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by providing expert recommendations derived from field demonstrations to enhance current T24 building code and JA12 to better suit California plans for decarbonization through renewable generation. The expected deployment of more than 3,500 MW of residential and non-residential energy storage in five years in California could yield a CO2 emission reduction of over 390,000 metric tons of CO2, based on the Energy Storage Association's estimates of CO2 emission reductions from U.S. energy storage deployment (2019)4. Potential new homes built in alignment with a better-developed T24 building code and JA12 favoring controllable energy storage could also yield benefits to grid infrastructure and prepare for ancillary grid impacts as a result of increased renewable generation. At the distribution level, leveraging onsite energy storage devices improves power quality through voltage and frequency support and increases the potential integration of renewables. At the bulk level, storage mitigates the impacts of fluctuations in electricity supply by renewable energy injections on the power grid and thereby reduces the system's need for operating reservestechnologies.

Goals and Objectives of the Agreement Agreement Goals. The goals of this Agreement are to: • Analyze different compliance pathwaysDeploy an advanced, with non-lithium-ion battery storage system rated at 125kW | 500 kWh to validate improvement in power/energy density by >25% from prior product generations. • Commercialize a state-of-the-art, turn-key energy storage solution in California. • Demonstrate fire safety of the aqueous zinc battery technology for wildfire prone regions. • Characterize AC/DC system performance in a variety of utility use cases. • Develop and without implement cloud-based data management and analytics to provide end-to-end insights from manufacturing to performance in the field. • Provide greater reliability, lower costs, and improved safety for IOU ratepayers. • Support increased deployment of renewable energy storage, in CA by alleviating the duck curve. • Enable technology advancement to overcome barriers to achieve the state’s statutory energy goals, including AB 32, AB 2514, and efficiency requirements SB 350. • Provide new technical capabilities and goals of new residential construction under Title 24; • Quantify the impact coordinated operation of localized energy storage can provide to mitigate demand surges and benefit the utility and the grid, at the distribution level; • Report on potential areas of improvement of the current building code; and • Suggest skilled employment in a prioritization to further develop control and optimization strategies, as needed to improve grid harmonization of the building codedisadvantaged community. Ratepayer Benefits:2 This Agreement will result in greater electricity reliability, lower costs, and increased safety for IOU ratepayers in California. Specifically, the ratepayer benefits of project will provide greater electricity reliability by demonstrating the application and benefits of a most cost-effective and efficient energy storage solution to allow for significant load shifting and reduction of grid congestion. This will allow California to further deploy renewable energy to reach its renewable energy goals, including procuring 50% renewable energy by 2030 and 100% zero-carbon resources by 2045 (SB100). Flexible resources demonstrated in the proposed Project, which can switch state of charge near instantaneously, will help utilities meet these requirements and provide greater electricity reliability to ratepayers. This Agreement will also result in the ratepayer benefit of lower costs by providing T24 and Joint Appendix 12 (JA12) recommendations demonstrating the most cost-effective battery technology on the market to allow California IOU’s to more cost-effectively meet their procurement goals under AB 2514, along with savings that promote future solar and storage combinations optimized are passed down to provide reliable California ratepayers as there is less of a need for back-up power from natural gas, new peaker plants and/or network upgrades. This Agreement will result in the ratepayer benefit of increased safety by promoting the development of an energy storage battery product that is non-toxic and nonflammable, helping to mitigate the increasing risks today from wildfires in the state, unlike many other energy storage solutions. It also offers reliability during outages and lower costs through programed discharge of the battery during natural disasters or other times of peak energy ratesemergency, hence the committed interest from ▇▇▇▇▇ Air Force Base and the Department of Defense. Storage provides back-up power Eos ZnythTM uses inert materials and is designed to be suitable for essential needs during outages at the installation site. For customers with critical loads like medical or communication equipment, having battery energy storage to provide backup power can be lifesaving. Integrating solar with battery energy storage can also protect customers during extended public safety power shutoff (PSPS) events. In October 2019, these events impacted nearly two million Californian customers during two separate weekends. If programmed properly, the energy storage device is also capable of charging during the day use both in densely populated residential areas and discharging according to higher-priced time of use (TOU) rates established by the local utility, saving the customer money at the meterremote grid connectivity stations. Technological Advancement and Breakthroughs:3 This Agreement will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by providing expert recommendations derived from field demonstrations advancing the technological development and commercialization of an advanced, non-lithium-ion battery storage solution for California. Specifically, this project will test and validate the next generation ZnythTM technology system design that incorporates the Gen3 battery module in a ruggedized, plug-and-play ISO-shipping container to enhance current T24 building code improve power and JA12 energy density, while reducing manufacturing and installation costs. This technology has previously been identified as having potential to better suit California plans for decarbonization through renewable generationachieve <$100/kWh manufactured cost, making it the most cost-effective battery technology on the market. The expected technology’s low cost will allow CA IOU’s to more cost-effectively meet their procurement goals for AB 2514. These savings will be passed down to California ratepayers through more affordable 2 California Public Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and increased safety (See CPUC “Phase 2” Decision ▇▇-▇▇-▇▇▇ at page 19, May 24, 2012, ▇▇▇▇://▇▇▇▇.▇▇▇▇.▇▇.▇▇▇/PublishedDocs/WORD_PDF/FINAL_DECISION/167664.PDF). 3 California Public Resources Code, Section 25711.5(a) also requires EPIC-funded projects to lead to technological advancement and breakthroughs to overcome barriers that prevent the achievement of the state’s statutory and energy goals. electricity bills. In addition, California’s clean energy and climate policies and programs, including SB 100 and AB 32, will expand the deployment of more than 3,500 MW of residential and non-residential energy storage in five years in California could yield a CO2 emission reduction of over 390,000 metric tons of CO2renewable energy, based on the Energy Storage Association's estimates of CO2 emission reductions from U.S. energy storage deployment (2019)4. Potential new homes built in alignment with a better-developed T24 building code and JA12 favoring controllable energy storage could also yield benefits to grid infrastructure and prepare for ancillary grid impacts as a result of increased renewable generation. At the distribution level, leveraging onsite energy storage devices improves power quality through voltage and frequency support and increases which has the potential integration to increase electricity rates. With the added demand for renewables generation comes the overwhelming overproduction of renewables. At clean energy seen today through curtailments when that clean energy cannot be used.4 Flexible resources such as the bulk levelbattery systems that will be demonstrated in the project, storage mitigates which can switch their state of charge nearly instantaneously in response to market conditions, will help capture and sustain a large share of the impacts of fluctuations in electricity supply by renewable energy injections on renewables curtailments seen today and assist utilities to more cost-effectively meet the power grid and thereby reduces the system's need requirements, helping to lower costs for operating reservesCalifornia IOU ratepayers.

Goals and Objectives of the Agreement Agreement Goals. The goals of this Agreement are to: • Analyze different compliance pathwaysSpeed adoption of Recipient’s lighting technology with agile, with efficient, scalable manufacturing processes. • Scale-up Recipient’s lighting technology from prototype to pilot production. • Reduce the cost and without complexity of configurable lighting systems. • Improve user experience and safety in lit spaces. • Enable greater market penetration of solid-state lighting. • Meet California’s lighting energy storage, to achieve the energy and efficiency requirements and goals of new residential construction under Title 24; • Quantify the impact coordinated operation of localized energy storage can provide to mitigate demand surges and benefit the utility and the grid, at the distribution level; • Report on potential areas of improvement of the current building code; and • Suggest a prioritization to further develop control and optimization strategies, as needed to improve grid harmonization of the building codeuse goals. Ratepayer Benefits:2 This Agreement will result in the ratepayer benefits of greater electricity reliability and lower costs and increased safety. Lower costs will be realized as a result of reduced electricity use in lighting that 2 California Public Resources Code, Section 25711.5(a) requires projects funded by providing T24 the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and Joint Appendix 12 (JA12) recommendations that promote future solar and storage combinations optimized operates at higher utilization efficiency. Up to provide reliable back-up power during outages and lower costs through programed discharge 10.2 TWh of the battery during times of peak energy rates. Storage provides back-up power for essential needs during outages at the installation site. For customers with critical loads like medical or communication equipment, having battery energy storage to provide backup power annual electricity use can be lifesavingsaved in California IOU service territories through the use of Recipient’s lighting technology. Integrating solar with battery energy storage Improved safety is a result of better lighting distributions that can also protect customers during extended public safety power shutoff (PSPS) events. In October 2019minimize hazards, these events impacted nearly two million Californian customers during two separate weekends. If programmed properly, and eventually eliminate the energy storage device is also capable of charging during the day and discharging according need to higheruse ladders or cherry pickers to re-priced time of use (TOU) rates established by the local utility, saving the customer money at the meteraim ceiling-mounted lights. Technological Advancement and Breakthroughs:3 This Agreement will lead to technological advancement and breakthroughs to overcome barriers to the achievement of the State of California’s statutory energy goals by providing expert recommendations derived from field demonstrations enabling the rapid deployment of a whole suite of innovative lighting technology products focused on utilization efficiency. These luminaires can achieve more than 1.5 times greater improvement in light utilization efficiency, with widespread deployment saving up to enhance current T24 building code and JA12 to better suit California plans for decarbonization through renewable generation10.2 TWh annually. The expected deployment valuable new functionality of more than 3,500 MW of residential and nonthe luminaires will also help accelerate conversion to light emitting diode lighting, bringing additional near-residential term energy storage in five years in California could yield a CO2 emission reduction of over 390,000 metric tons of CO2, based on the Energy Storage Association's estimates of CO2 emission reductions from U.S. energy storage deployment (2019)4. Potential new homes built in alignment with a better-developed T24 building code and JA12 favoring controllable energy storage could also yield benefits to grid infrastructure and prepare for ancillary grid impacts as a result of increased renewable generation. At the distribution level, leveraging onsite energy storage devices improves power quality through voltage and frequency support and increases the potential integration of renewables. At the bulk level, storage mitigates the impacts of fluctuations in electricity supply by renewable energy injections on the power grid and thereby reduces the system's need for operating reservessavings.