presentation

1. A LEADING PROVIDER OF CLEAN ENERGY SOLUTIONS
Confidential
November 4, 2011
PRESENTATION TO SPRINGTEC

2. CONFIDENTIAL
• Corporate Introduction
• Advantages of Plasma Gasification
• Key Markets
• Commercial Facilities
• Technology
OUTLINE
2

3. ABOUT US

4. CONFIDENTIAL
Alter NRG is a publicly traded (TSX: NRG; OTCQX; ANRGF) Alternative Energy company
providing clean energy solutions
Who We Are
To commercialize growth technologies through developing environmentally sustainable and
economically viable alternative energy projects
Our Vision
4
Get To Know Us
• Formed in 2006
• Headquartered in Calgary
• IPO in April 2007 at $2.25 / share
– Approximately $7.4 million of working capital (no debt) June 30, 2011
• Shares outstanding:
– 61.8 million basic
ALTER NRG CORP

5. CONFIDENTIAL
WESTINGHOUSE PLASMA CORPORATION
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• Wholly owned by
• Previously a subsidiary of Westinghouse Electric
• 30 years of plasma torch and plasma gasification experience
• Strategic alliances with industry leading companies and engineering
companies focused on renewable energy
• Technology is used in commercial operations – not R&D

6. CONFIDENTIAL
• Plasma is highly
ionized or electrically
charged gas.
• An example in nature is
lightning - capable of
producing
temperatures
exceeding 7,000°C
• An ionized gas is one
where the atoms of the
gas have lost one or
more electrons and has
become electrically
charged
Our plasma torch systems
create the intense heat inside
our plasma gasifier
WHAT IS PLASMA?
6

7. CONFIDENTIAL
WHAT IS PLASMA GASIFICATION?

8. ADVANTAGES OF
PLASMA GASIFICAITON

9. CONFIDENTIAL
FEEDSTOCK FLEXIBILITY
• MSW
• RDF/SRF
• Medical Waste
• Garbage dredged from river
• Paints/solvents
• Petrochemical waste - oil sludge
• Sewage waste
• Auto Shredder Residue
• Tires
• E-waste
• Biomass including wood chips,
rice husks, bagasse, etc
Alter NRG’s plasma gasification technology can:
• Process heterogeneous feedstock with minimal feed preparation
• Process high moisture and high inert content waste
• Blend solids, liquids and slurries
• Reduce dependence on one feedstock, optimize revenue based on available
feedstocks
Alter NRG’s customers are currently processing or in the planning
stages of processing the following feedstocks:
• Construction and Demolition waste
• Petcoke flyash
• Spent ammunition
• Animal waste
• Meat processing plant waste
• Hazardous waste
• Cuttings from drilling activity
• Waste mined from landfill
• Waste coal or coal dust
• Pharmaceutical waste
• Forestry Industry waste
(black liquor, paper sludge)
• PCB contaminated soil 9

10. CONFIDENTIAL
VAST OUTPUTS
Alter NRG’s plasma gasification technology produces a tar free, particulate free
syngas – something most non-plasma gasification technologies cannot do
Syngas, produced through plasma gasification, can be converted into:
• Power
• Steam cycle
• Combined cycle
• Reciprocating engines
• Fuel cells
• Hydrogen
• Ethanol
• Propanol
• Diesel/Naptha
• Methanol
• Steam/Heat
• Methane

11. CONFIDENTIAL
MASS BALANCE
PROCESS FLOW INPUTS AND OUTPUTS

12. CONFIDENTIAL
ALTER NRG PLASMA GASIFICATION HAS UNIQUE ADVANTAGES
• Minimal feedstock preparation
• Little shredding or crushing
• Little segregation or sorting
• Handles a wide range of feed compositions
• High moisture content
• High inert content
• Blend MSW, RDF, tires, industrial waste, C&D waste, ASR, liquids
and slurries
• Reduce dependence on one feedstock, optimize revenue based on
available feedstocks
• High Reliability
• Operates in rugged industrial applications
• Over 500,000 hours and 20 years of industrial use on the plasma
torches
• Low Emissions and Waste Material
• Syngas, after cleanup, burns clean like natural gas
• Vitrified Slag is inert/non-leaching and does not contaminate soil or
drinking water
• Low Greenhouse Gas Footprint
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Alter NRG Vitrified, Inert Slag
Westinghouse Plasma Torch

13. KEY MARKETS

14. CONFIDENTIAL
ENERGY RECOVERY FROM WASTE
Converting Waste into Clean Energy – Power and Steam – While Reducing Greenhouse
Gas Emissions and the Need for Landfills
COMPETITIVE ADVANTAGE
“Utashinai and Mihama Mikata
(Westinghouse technology) are the
only plasma gasification plants
processing MSW in the world on a
commercial basis at this time”
Juniper Consulting
“WTE helps turn a waste
management problem into an energy
generating solution”
U.S. Environmental
Protection Agency
=
1 TONNE HOUSEHOLD WASTE 1 to 1.3 MWh POWER
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• Twenty year accumulated GHG loading for four power generation options.
• Results compared on a basis of 1,000,000 MWh.
Source: SCIENTIFIC
CERTIFICATION SYSTEMS, INC.
ENVIRONMENTAL ADVANTAGE
1 TONNE INDUSTRIAL WASTE 3 MWh POWER

15. CONFIDENTIAL
REFUELING A POWER PLANT
• The syngas is fired into an existing boiler, with minimal amount of modification to the existing
infrastructure
• Benefits:
• Materially reduce the plant’s carbon footprint
• Improve plant economics by adding a feedstock revenue stream
• Reduce capital by leveraging existing infrastructure
Existing Configuration Co-Fire Configuration
Boiler
Coal
Gas
Fuel Oil
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Steam
MSW
Biomass
Coal Syngas
Modified
Boiler
Steam

16. CONFIDENTIAL
GENERATING CLEAN SYNGAS FOR THE PRODUCTION OF
CELLULOSIC ETHANOL
• Coskata, a leader in the development of cellulosic ethanol technology, is operating its commercial
demonstration plant next to the Westinghouse Plasma Pilot Plant in Pennsylvania
• The Westinghouse Plasma gasification technology is generating clean syngas which Coskata is
converting into cellulosic ethanol
• MSW, sewage sludge, biomass and tires have been converted into clean ethanol
• Coskata’s first commercial facility is under development in Southeastern U.S.

17. TECHNOLOGY

18. CONFIDENTIAL
PRODUCT PORTFOLIO - CORE GASIFIER MODELS
Scope of Supply
• Plasma gasification reactor
• Plasma torch systems
• Slag solidification system
• Initial syngas cooling
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Engineering Services
• Feasibility Study
• Design Basis Memorandum (DBM)
• Process Design Package (PDP)
Standard Gasifier Platforms
P-5
• 5,000 Nm3
• 30 to 100 tpd Waste
• ~5MW
W-15
• 15,000 Nm3
• 100 to 290 tpd Waste
• ~15MW
G-65
• 65,000 Nm3
• 450 to 1000 tpd Waste
• ~50MW

19. CONFIDENTIAL
Note: In accordance with Environment Agency of Japan, all data converted is 12% Oxygen, 101kPa & 273K
Data is summarized from available data points covering the period of 2003-2007
Operational Performance Criteria – Japan Facilities
LimitLimitOperational DataLimitParameter (units)
< 560<2 - 2120Sulphur Dioxide (ppmv)
69 - 8415079-130150Nitrogen Oxides (ppmv)
86 – 931006 - 31200Hydrogen Chloride (mg/m3)
0.00004 – 0.00260.050.0020 - 0.00940.01Total Dioxins (ng-TEQ/m3)
<16 - 1720<1040Ash (mg/m3)
Mihama-MikataUtashinai
A 2008 Golder Associates Report concluded that the Utashinai and
Mihama-Mikata facilities are capable of operating within their facility-
specific performance criteria.
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JAPANESE AIR EMISSIONS PERFORMANCE

20. CONFIDENTIAL
Slag from the Mihama-Mikata facility has been put through a number of leachate
tests including JLT-46, NEN-7341 and TCLP analysis. These tests were conducted
by two independent laboratories Shimadzu Techno-Research Inc. and ALS
Laboratory Group. The results show that the Mihama-Mikata slag components are
below the test detection limits and the slag is considered non-leaching. Below is a
chart showing some of the results from the JLT-46 tests:
0.01<0.0010.001mg/LSelenium
0.005<0.00010.0001mg/LMercury
Notes: mg/L = parts per million (PPM)
JLT-46 performed by Shimadzu Techno Research, Inc., Kyoto Japan on Mihama-Mikata slag samples received from Kamokon
0.01<0.0010.001mg/LLead
0.05<0.0050.005mg/LChromium VI
0.01<0.0010.001mg/LCadmium
0.01<0.0010.001mg/LArsenic
JLT-46 LimitAverage Measured
Value of Slag
Method
Detection Limit
UnitHeavy Metal
MIHAMA-MIKATA SLAG JLT-46 TEST RESULTS
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VITRIFIED SLAG FROM WESTINGHOUSE PLASMA GASIFIER

21. CONFIDENTIAL
EXAMPLE OF HEAT AND MATERIAL BALANCE
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22. CONFIDENTIAL
Technical Foundation Third Party Engineering
• 9 feedstock options with a total of
36+ different simulations
• Air blown
• Oxygen blown
• G-65
• W-15
• P-5
• Capital costs and process flow
determined from Design Basis
Memorandums (+30% / -30%)
generated by:
• AMEC
• Technip
• Uhde
AspectsIntegratedintothe
EconomicModel
Market Specific Variables
Op Cost Variables
• 40% sustaining capital and 1%
per year maintenance capital.
Total of ~3.5% maintenance
capital per year
• Market rates applied to all other
consumables that are determined
through DBM’s
Result
Determines the amount of syngas
generated by the given feedstock
and selects the appropriate
gasifier island configuration
Feedstocks & Syngas Balance of Plant Design &
Capital
Result
Credible third party plant
design and capital costing
4 Core Plant Configurations
• Syngas
• Steam Cycle
• Combined Cycle
• Reciprocating Engines
• Each simulation is run using our
proprietary VMG simulation
software which has been correlated
to over 110 pilot plant tests
Revenue Variables
Result
Grounded revenue assumptions
based on market rates applied
to third party derived variables
(e.g. net power)
• Power Prices and tipping fees are
adjusted based on the geographic
market rates
• All other revenue streams reflect
market prices that are updated
quarterly
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ALTER NRG’S PROPRIETARY ECONOMIC MODELING PLATFORM

23. CONFIDENTIAL
SCOPING MODEL - EXAMPLE
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24. CONFIDENTIAL
COMPANY COMPANY CREDENTIAL RESULTS FROM THE REVIEW OF ALTER NRG
Juniper Consultancy is recognized
as one of the leading independent
analysts of emerging technologies in
the waste management field
Juniper conducted a thorough review of the Westinghouse Plasma Gasification technology
and the technology in application at the Mihama-Mikata and Utashinai WTE facilities.
Juniper recognizes these facilities as “the only commercial plasma gasification facilities in
the world processing MSW.” Juniper acknowledges the Alter NRG/Westinghouse Plasma
Gasification technology as more proven than direct competitors and views Alter NRG as
becoming a world leader in the design and supply of plasma-based systems.
ENSR, a division of AECOM, is a
global provider of environmental and
energy development services
ENSR – AECOM completed an engineer’s review that verifies Alter NRG’s assumptions of
emissions from a 750 tpd MSW Plasma Gasification Combined Cycle WTE facility will be
below emission limits for North America. The report confirms that processing waste through
plasma gasification results in “emission levels substantially below mass burn processes.”
AMEC provides scientific,
environmental, engineering and
project management support in more
than 30 countries
AMEC/BDR completed Design Basis Memorandums that included complete process flow
diagrams and CAPEX estimates for three different facility configurations: combined cycle,
steam cycle and syngas.
Golder Associates provides
civil/geotechnical and environmental
consulting services worldwide
Golder reviewed emissions data from Utashinai and Mihama-Mikata and confirmed that the
existing plants operate below their regulated emissions limits in Japan, as well as below
North American Standards
R.W. Beck is a group of technically
based business consultants serving
public and private infrastructure
organizations worldwide
RW Beck reviewed Alter NRG’s plasma gasification technology for power plant retrofit and
MSW applications and identified no major technical challenges and opined that “the plasma
technology appears to be a sound method of gasifying organic feedstocks and producing fuel
gas compatible with boiler combustion” and “the review did not identify major design issues.”
Shimadzu Techno Research is an
analytical research service provider in
the health, environment and product
and material testing markets
Shimadzu Techno Research tested slag from the Mihama Mikata plasma gasification facility
in Japan. The results of this study showed that this vitrified slag composition is considered
inert and does not contaminate soil or drinking water.
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THIRD PARTY VERIFICATION OF ALTER NRG GASIFIER

25. COMMERCIAL
FACILITIES

26. CONFIDENTIAL
2010
BIOMASS-TO-
ENERGY
FACILITY
Wuhan, China -
under
construction
WESTINGHOUSE PLASMA TECHNOLOGY MILESTONES
1989
INDUSTRY–LEADING
TECHNOLOGY
Plasma technology by
others such as Alcan –
over 500,000 hours of
industrial use
2002
WORLD’S 1ST
COMMERCIAL SCALE
PLASMA GASIFIER
Mihama Mikata, Japan -
operational in 2002
2003
WORLD’S LARGEST
PLASMA GASIFIER FOR
MUNICIPAL WASTE
Utashinai, Japan -
operational in 2003
2008
WORLD’S
LARGEST
PLASMA
HAZARDOUS
WASTE
FACILITY
Pune, India -
commissioned
in early 2009
2009
SECOND
GENERATION
ETHANOL FACILITY
Coskata Lighthouse,
U.S. - commissioned in
Sept. 2009
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1987
PLASMA FIRED CUPOLA
APPLICATION
General Motors; Defiance,
Ohio - commissioned in
1987
1995
INCINERATOR
ASH
VITRIFICATION
Kinuura, Japan -
commissioned in
1995
1999
PLASMA
GASIFICATION OF
MUNICIPAL SOLID
WASTE (MSW)
Hitachi Metals;
Yoshi, Japan -
commissioned in
1999
2010
HAZARDOUS WASTE
FACILITY
Nagpur, India –
commissioned Q4, 2010
Over 20 years of development and deployment history
2010
WASTE-TO-
ENERGY
FACILITY
Shanghai, China
- under
construction

27. CONFIDENTIAL
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COMMERCIAL DEMONSTRATION FACILITY
• Up to 48 tpd pilot facility in Madison,
Pennsylvania, USA
• Completed over 100 pilot tests to provide
baseline information
• State of the art, real-time gas composition
monitoring
• Predictive modeling capability through VMG
simulation software, including balance of plant
• Capability to test almost any feedstock
• Wide range of feedstocks tested, including:
– Coal
– Excavated Landfill Material (PCB disposal)
– Waste (municipal solid, refuse derived fuel,
hazardous waste, construction and demolition
waste)
– Tires
– Auto Shredder Residue
– Heavy Oil
– Waste Water Sludge
– Bagasse
– Wood
– Ash

28. CONFIDENTIAL
ENERGY FROM WASTE IN JAPAN
Mihama-Mikata
• Plasma gasification of 20 tpd of MSW and 4 tpd of
waste water sludge
• Syngas is combusted and the resulting heat is used
to dry sewage sludge prior to gasification
• 100% of slag is used by local concrete company
Mihama-Mikata Energy from Waste Facility
Eco-Valley Energy from Waste Facility
Eco-Valley
• Eco-Valley located in Utashinai, Hokkaido was
constructed in 2002 and has been fully
operational since 2003
• The Eco-Valley facility can process up to 220 tpd
of MSW and auto shredder residue and the
facility’s net electricity output is delivered to the
grid
• Two operating gasification islands with four
torches each
• Mr. Shinichi Osada, who helped design the Japanese facilities and who was the General Manager for Eco-Valley
before he retired, is consulting to Alter NRG
• Mr. Osada’s experience is incorporated into Alter NRG’s gasifier design

29. CONFIDENTIAL
ENERGY FROM HAZARDOUS WASTE
• SMS Envocare processes hazardous waste at two facilities in India using the Westinghouse Plasma
gasification technology to generate electricity
• Each facility processes 72 tonnes per day of hazardous waste
Pune Facility
• The hazardous waste comes from over 40 industries, including:
• Agro
• Artificial Crystal
• Automobiles
• Battery
• Bearing
• Bio Medical
• Electrical Equipments
• Engineering & Machinery
• Electroplating
• Foundry
• Food Processing
• Forging
• Heat Treatment
• Iron & Steel
• Leather/ Tannery
• Moulding
• Paints
• Paper & Printing
• Petrochemical
• Pharmaceuticals
• Plastic
• Polymer
• Power Generation
• Refineries
• Rubber
• Textile
• Wind Mill

30. APPENDIX

31. CONFIDENTIAL
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WESTINGHOUSE INDUSTRIAL PLASMA TORCH

32. CONFIDENTIAL
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COMBINED CYCLE GAS TURBINE FACILITY – 900 TPD

33. CONFIDENTIAL
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COMBINED CYCLE GAS TURBINE FACILITY

34. CONFIDENTIAL
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GASIFICATION REACTOR DETAIL

35. CONFIDENTIAL
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GASIFICATION REACTOR DETAIL - CONTINUED

36. 215, 4000 – 4th Street SE
Calgary, Alberta T2G 2W3
Phone: (403) 806-3875
Fax: (403) 806-3721
Email: info@alternrg.com
www.alternrg.com
TSX: NRG
OTCQX:ANRGF