Creating a Future with

Creating a Future with

Cleaner Coal

Cleaner Coal

Ingalls & Snyder Specialty Chemical

Seminar

November 16, 2010

New York, NY

NASDAQ:ADES

Exhibit 99.1

-2-

Please

note

that

this

presentation

contains

forward-looking

statements

within

the

meaning

of

Section

21E

of

the

Securities

Exchange

Act

of

1934,

which

provides

a

"safe

harbor"

for

such

statements

in

certain

circumstances.

The

forward-looking

statements

include,

but

will

not

necessarily

be

limited

to,

statements

or

expectations

regarding

amount

and

timing

of

future

tax

credits,

revenues,

legal

expenses

and

income;

timelines

for

our

projects;

scope

and

timing

of

anticipated

regulations

and

legislation;

future

supply

and

demand;

and

timing

of

the

Norit

arbitration.

These

statements

are

based

on

current

expectations,

estimates,

projections,

beliefs

and

assumptions

of

our

management.

Such

statements

involve

significant

risks

and

uncertainties. 

Actual

events

or

results

could

differ

materially

from

those

discussed

in

the

forward-looking

statements

as

a

result

of

various

factors,

including

but

not

limited

to,

changes

in

laws

and

regulations,

government

funding,

prices,

economic

conditions

and

market

demand;

timing

of

regulations

and

any

legal

challenges

to

them;

negative

outcomes

in

our

legal

proceedings;

impact

of

competition;

availability,

cost

of

and

demand

for

alternative

energy

sources

and

other

technologies;

technical

and

operational

difficulties;

inability

to

commercialize

our

technologies

on

favorable

terms;

additional

risks

related

to

ADA-CS

including

lack

of

continued

funding,

demand

of

payment

on

existing

loans

and

other

obligations,

inability

to

obtain

permits,

our

lack

of

control

and

further

dilution

of

our

interest;

additional

risks

related

to

CCS

including

failure

of

its

leased

facilities

to

continue

to

produce

coal

which

qualifies

for

IRS

Section

45

tax

credits,

termination

of

the

leases

for

such

facilities,

decreases

in

the

production

of

RC,

seasonality

and

failure

of

Congress

to

extend

the

Section

45

tax

credit

placed-in-service

date;

our

inability

to

come

to

terms

with

additional

industry

partners

in

our

DOE

CO2

capture

technology

project;

availability

of

raw

materials

and

equipment

for

our

businesses;

loss

of

key

personnel;

failure

of

Calgon

Carbon

to

pay

the

judgment

recently

awarded

to

us;

and

other

factors

discussed

in

greater

detail

in

our

filings

with

the

Securities

and

Exchange

Commission

(SEC).

You

are

cautioned

not

to

place

undue

reliance

on

such

statements

and

to

consult

our

SEC

filings

for

additional

risks

and

uncertainties

that

may

apply

to

our

business

and

the

ownership

of

our

securities.

Our

forward-looking

statements

are

presented

as

of

the

date

made,

and

we

disclaim

any

duty

to

update

such

statements

unless

required

by

law

to

do

so.

Clean Coal Technology

Coal is an abundant, cheap, and secure fuel

that provides over 50% of electricity in the US

1,100+ coal-fired utility boilers in the U.S.

ADA provides the technology to burn it cleaner

Senior staff are industry recognized experts

–

30-year track record of developing and then

commercializing technologies

EPA currently developing new regulations on

emissions from coal creating significant new

markets for control technologies

-4-

2010 Investment Highlights

Developing solid sorbent capture technology for greenhouse gas CO2

Currently completing $3.8 MM DOE and utility funded program

Signed $19 MM contract with DOE and industry participants to scale-up technology

CO

2

Capture

Emission

Control

Clean Coal Solutions (“CCS”) entered into leasing agreements for two facilities with

an unaffiliated third party; both facilities are operating and producing Refined Coal

(“RC”)

o

$9 MM non-refundable advance payment received in June

o

$4.5 MM Revenues recognized in Q3 (first full quarter of operations)

o

Over $7 MM (~$1.00/share) annually in pre-tax operating income expected

for the next 9 years after deduction of NexGen’s share

New and expected MACT regulations driving further market growth

ADA Carbon Solutions (“ADA-CS”) constructed and is now operating energy-

efficient AC manufacturing facility in LA

$12 MM ($1.60/share) judgment awarded to ADA in lawsuit with Calgon Carbon

New mercury control technology licensed to Arch Coal

o

$2 MM upfront licensing fee to be recognized over 18-months ending

12/31/11

o

License includes potential for royalties up to $1/ton of coal and chemical

sales for treating Arch’s PRB coals (>100 MM tons per year)

Refined Coal

(Clean Coal Solutions)

-4-

ADA-ES Corporate Structure

Notes:

(1) CCS financials are consolidated in ADA

(2) ACS financials are reflected as a minority equity interest

(1)

(2)

-5-

Refined Coal Product

ADA-ES’

opportunity

through joint venture with

an affiliate of NexGen

Resources Corporation

-6-

Section 45 Refined Coal Tax Credit

Clean Coal’s patented Refined Coal technology,

CyClean, is designed to enhance combustion of PRB

coals in cyclone boilers

Two systems operating at two power plants in the

Midwest qualifying for Section 45 tax credits

–

$6.20 ton/coal (escalates annually) for ten years

–

Both

systems

leased

to

3

rd

party

financial

institution

to

convert tax credits into revenues

Q3’10 marked first full quarter of revenues of $4.5 MM

ADA will consolidate JV revenues expected to be >$15

MM per year for the next nine years

Operating income of over $7 MM+ (

$1/share) per year is

expected after deduction of NexGen’s

share

Additional other income of $2.0 MM ($0.29/share)

expected from JV partner NexGen

over next 18 months

ending mid-2012

-7-

-8-

Emission Control

AC Market Drivers:

Regulations for Mercury Control

Arizona

Colorado

Connecticut

Delaware

Illinois

Maine

Maryland

Massachusetts

Michigan

Minnesota

Montana

New Hampshire

New Jersey

New York

Oregon

Utah

Virginia

Washington

Wisconsin

19 U.S. States               

United States

Plants with consent decrees or voluntary

controls limiting mercury emissions

-9-

Green states with existing rules create $200 -

300 MM AC market

ADA Commercial ACI Systems > 20 GW

Plant burns PRB coal or lignite

Plant burns bituminous coal

ADA-ES Clients

-10-

-11-

Pending and Enacted Federal Laws

that Will Increase Our Markets

U.S. EPA MACT for Cement -

Issued

08/09/10

–

Could require ACI & AC on up to 90 cement kilns in the U.S

–

ADA currently testing at two cement companies

U.S. EPA Industrial Boiler MACT

–

Will cover over 600 boilers, smaller units

–

Draft

published

April

29

th

;

to

be

finalized

by

January

2011

–

Could increase market for ACI systems by several hundred; sales of

AC by 50 to 100 MM pounds per year

U.S. EPA MACT for Coal-Fired Utility Boilers

–

Will cover all 187 Hazardous Air Pollutants (“HAPs”)

–

Should result in 90% to 95% limit for mercury

–

Final regulations expected November 2011; 3 years to implement

U.S. Legislation

–

3-P Bill could be added to Climate bill by Sen. Carper (D-DE) which

includes 90% reduction in mercury emissions

Canadian-wide mercury standard has been passed

Market for ACI Equipment Expected

from a Federal MACT Standard

-12-

0

50

100

150

200

250

300

350

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

State Rules and New Plants

MACT High Estimate

MACT Low Estimate

AC Production Supply / Demand

-13-

ADA-CS New AC Production

-14-

-15-

Additional Emission Control Products

Enhanced Coal:  Licensed to Arch Coal for $2 MM

–

Designed to enhance Arch’s Powder River Basin (PRB) coals to

burn with lower emissions of mercury and other metals

–

Royalty agreement provides for payments up to $1/ton of coal for

sales of enhanced coal

–

Arch moves >100 MM tons of PRB coal per year

–

Three full-scale tests scheduled over the next three months

Dry Sorbent Injection for control of acid gases (SO

3

, HCl)

–

Currently being used to control corrosion and other operating

problems

–

Can improve mercury capture by ACI

–

Could be required to meet pending MACT regulations on acid

gases

Control of Greenhouse Emissions: 

Carbon Dioxide

-16-

ADA-ES CO

2

Capture Technology

Designed to capture CO

2

from flue gas in conventional

coal-fired boilers

Based on regenerable solid sorbents -

advantages over

competing technologies:

–

For the customer: lower cost and less parasitic

energy

–

For ADA: continuous revenues from sale of

proprietary chemical sorbents

DOE and Industry funding:

-

Phase I -

$3.8 MM R&D program awarded

November 2008 to develop technology; successful

field tests

at 1 kW pilot plant

-

Phase II -

$19 MM, 51 month contract to scale-up

technology to 1 MW; key step toward

commercialization

-17-

Lawsuits

Calgon

–

In August, jury awarded $12 MM ($1.60/share) in damages

to ADA for breach of contract

–

Suit based upon a contract Calgon signed with MidWest

Generation for AC sales

–

Calgon has appealed jury award

Norit

–

Arbitration hearing completed in November

–

Briefs to be filed by both sides through February

–

Final decision expected late in the first quarter of 2011

Legal expenses expected to decline significantly in

Q2’11

-18-

Financial Highlights

Q3’10 Highlights

–

Total revenues up 101% to

$7.5 MM

–

Gross margin grew 386% to

$5.8 MM, or 77.6% of

revenues

–

ADA would have generated

net income of $1.2 MM or

$0.16 per share, excluding

$8.7 MM in non-routine legal

expenses and a $2.5 MM loss

relating to the equity interest

in ADA-CS.

-19-

Revenue CAGR of 23%, 2003 –

2009

A Leader in Clean Coal Technology

©

Copyright 2010 ADA-ES, Inc.  All rights reserved.

NASDAQ:ADES