The Braemar Energy Ventures Strategic Advisory Board is comprised of individuals with a distinguished history of involvement in various facets of the energy and technology industries and who have worked with the principals in the past in diverse capacities. In addition to providing ongoing counsel about emerging economic issues, technologies, and markets the board takes an active role in both developing new investment opportunities and maximizing the return on the company's current holdings.

John V. Anderson is Head of the Energy Practice at Rocky Mountain Institute. Prior to that, he spent 20 years at the National Energy Renewable Laboratory, where he directed research and development activities in solar energy, geothermal energy and advanced material processes. In addition, he served as a program manager for several Department of Energy programs. Mr. Anderson holds Bachelor's and Master's degrees in mechanical engineering from the University of Wisconsin.

The Rt. Honorable Tim Eggar is a former UK Government Minister under Prime Ministers Thatcher and Major with responsibility for a number of departments including that of Energy Minister from 1992 -1996. He was a member of Parliament for 18 years. He has also had a distinguished career in the energy business as a former CEO of Monument Oil and Gas PLC and Chairman of AGIP UK. Mr. Eggar is a graduate of Magdalene College, Cambridge and the College of Law.

David Fitzsimmons had a long and extensive career at BP in Senior Management. Mr. Fitzsimmons was CEO of BP's International Oil Trading business, President of BP Asia and Commercial Director responsible for BP's Gas, Power, and Renewable Business. Mr. Fitzsimmons is a graduate of Cambridge University and the Stanford Business School.

Robert Gillham recently retired as a Managing Director and Head of the Global Power and Environmental Group at Chase Securities. He is widely regarded as a leading banker to the utility industries and has also been a spokesman for the banking industry, testifying before various state and federal regulatory bodies and Congressional Committees. Prior to Chase, he was a founder of Chemical Bank's Utility Group, having joined the bank in 1966. Mr. Gillham has a B.A. from Harvard University.

Eugene R. McGrath recently retired as Chairman and Chief Executive Officer of Con Edison, a position he held from 1997. Mr. McGrath joined Con Edison in 1963 following his graduation from Manhattan College where he earned a degree in Mechanical Engineering. He has an MBA from Iona College and completed the Advanced Management Program at Harvard University. Mr. McGrath remains a director of Con Edison and is on several other corporate and non-profit Boards including Schering-Plough, Barnard College and the Wildlife Conservation Society.

Richard T. Stuebi is currently the BP Fellow for Energy and Environmental Advancement at The Cleveland Foundation. He is also President and founder of Next Wave Energy, a consulting firm providing economic and marketing analysis to the emerging power technologies sector. Prior to Next Wave Energy, he was the Senior Vice President at Louis Dreyfus, where he was responsible for North American electric and gas development activities, and a management consultant at McKinsey & Co., where he was responsible for the electric utility sector. Mr. Stuebi earned his degrees in economics from the Massachusetts Institute of Technology and Stanford University.

Bruce Wrobel is the chief executive officer of Sithe Energies, a merchant power company based in New York. He is also the President and CEO of GAPCO, an aluminum and electric power development company in the Republic of Guinea. Prior to Sithe, he was a co-founder of Mitex, an independent power company sold to Sithe Energies in 1986.