Company Profile

Excipio Energy Inc
Profile last edited on: 3/8/2022            CAGE: 80WF4            UEI: U1C7NQGG2Z74

Offshore renewable energy
Year Founded
2016
1st Awd Year
2021
Latest Award
2021
Program Status
Active
Popularity Index
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Location Information

5521 Val Verde
Houston, TX 77056
   (832) 720-4190
   info@excipioenergy.com
   www.excipioenergy.com
Multiple Locations:   
Congressional District:   07
County:   Harris

Public Profile

Excipio Energy was created to bring together offshore oil and gas expertise and Offshore Renewable Energy (ORE) technology. Excipio's goal is to become a first-tier supplier of offshore renewable power to both the grid and offshore oil and gas facilities. The current global focus is on offshore wind, but ORE encompasses capturing energy from winds, waves, tides, ocean currents, and thermal gradients. Excipio's concept is a modular platform design that captures all ORE modalities suitable to the location. The initial objective is to provide green power to locations where the wholesale price is over 20 cents per kWh. Excipio plans to offer these power-only platforms, which we call an Excibuoy™, under Build Own Operate Maintain (BOOM) contracts. This reduces the risk to the client and can shift a significant portion of the cost of an ORE development into OPEX. This allows Excipio to realize a higher cost per kWh making even the prototype Excibuoy™ a profitable device. As we perfect the platforms and our required price per kWh reduces Excipio intends to migrate to a power company model, selling green electricity to the grid. The act of integrating Marine Hydro-Kinetic (MHK) devices, and where appropriate OTEC, into a floating wind platform has the effect of reducing the LCOE, and our goal is to be cost competitive with conventional gas-fired power plants without any form of subsidies. Excipio Energy Inc. is the parent company based in Houston, Texas. Our organizational model is based on leading a Consortium of companies, each providing a required part of the supply chain, to allow us to offer to our clients either direct power sales, Build Own Operate Maintain contracts, or turn-key products for other operators. Our primary goal is to see integrated platforms deployed as part of the renewable energy matrix. To date we have letters of intent from 12 companies, with 6 more pending. The intent is to have a catalog of ORE products that we can tailor to each market based around a single platform. Once fully funded the intent is to create subsidiary companies to execute each project and to create a subsidiary operating company, Excipio Energy Power Systems (EEPS), to manage those assets for which we have retained ownership.

Extent of SBIR involvement

User Avatar

Synopsis: Awardee Business Condition

Employee Range
1-4
Revenue Range
Less than .5M
VC funded?
No
Public/Private
Privately Held
Stock Info
---
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount Project Title
2021 1 DOE $198,157
Gulf of Mexico Energy Infrastructure Re-use and Blue Development

Key People / Management

  Roy Robinson -- Chief Executive Officer, Co-Founder

  Mike Byrne -- VP Quality, Safety, and Regulatory Compliance (USA/Philippines)

  Doreen Chin -- Chief Business Development Officer (China)

  Georg Engelmann -- Chief Operating Officer, Co-Founder

  Ian Grosvenor -- Chief Technical Officer (UK)

  Roger Osborne -- Marketing Director (USA)

  Benjamin Velasco -- VP Supply Chain and Marketing (Spain)