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VISION: – Collaborative and productive gathering place for bioeconomy innovators
MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop marketable products from the ideas.– Overcome the expected challenges– Accomplish successful home-grown wealth
INDENTITY: – Team of problem-solvers, with a transparent, and a pragmatic, no-nonsense approach.– Open-minded, team-oriented, customer-focused, nimble and hard-charging. – Believe everything is possible…….and what other might think “impossible” just takes a little
longer, as we wait patiently for the appointed path to reveal itself.
New Product Awards
Land Crop Power Consumer
has the Answers to Make it Work
Understanding the Bioeconomy Value Chain
Engineering Biomass to 21st Century Users
• Our process uses agricultural waste like corn stover and grass to create fuel that can be burned in coal fired boilers without modification to the feed and boiler systems of power plants
• The fuel then supplements coal and enables plants to meet emissions requirements without expensive expenditures i.e. new boilers
Cost effective without government subsidies • What is our technology?
– Patentable methods of creating coal interchangeable agricultural solid fuels
Fuel Value Proposition
Supplements Coal
6
Stoker Application
7
Land Crop Power Consumer
has the Answers to Make it Work
Understanding the BioFuel Value Chain
Engineering Biomass to 21st Century Users
Novel Supply Development Approach
eCARB Area #1 Multiple local utilities cross-matched with
available supply. Identify harvest distance for diverse biomass
sources. Initial area has potential for 500,000 –
1,000,000 tons per year in multi-year contracts.
EWW technology enables transport via truck or rail.
Looking at Expansion Quicker than Planned to Meet Emerging and Accelerating Timelines. eCARB Area #2 and #3 are in discussion. May be economical to combine resources
from multiple supply areas.
Abundant Missouri Biomass
Engineered Fuel
Green Biopower
Bioeconomy Jobs
BUILDCO 1 – Building Biomass Fuel Production Facilities –
Modeled 300,000 ton capacity in 5 Plant Build-Out
REFERENCE: University of Missouri Extension - Commercial Agriculture Program
5 Typical Enginuity-licensed Fuel Plants300,000 – 350,000 tons of engineered biomass fuel
~5,000,000 MMBTU producing ~40-50 MW of baseload biopower ~750,000 tons/year Carbon Savings
$50 million in annual economic activity 200 Sustained Jobs
400,000 tons of corn stover, grass, energy crops
VS Other Solid Fuel Alternatives
Chopped “Loose” Biomass Typically Dismissed as Technically Unfeasible Requires Replacement of Boiler with Fluidized Bed
Pellets (small round) Poor Pellet Durability – Caused lost material, dusting,
fugitive emissions Material Flow to the Boiler – Early ignition in coal chute Moisture Up-Take During Storage – Desiccant, then
degradation
Woody Biomass Moisture Content – High and Variable Potential Fermentation & Storage Combustion Lower Energy Content – Boiler Effects Long-Term Supply – Risk of Carbon Neutrality VS. Price
Other Issues Safety No Experience – Test Burn for Different Fuels are More
Complex
Experience & Challenges at Power Plant*Failure Mode & Effects Analysis (FMEA)
*Columbia Water & Light, Columbia, MO &Independence Power & Light, Independence, MO
Material Science Innovation to Produce Solid Fuel Challenge to Produce Coal Supplement Transportable, Reliable, Sustainable (Green)
Commodity Engineered Fuel: Capable of “any mix” of biomass
Size, Shape & Durability is Key for Stoker Plants Engineered Technology: 95% Durable in Industry Test Current Technology: 58-89% (11-42% loss) Lump Coal is 70-85% Durable
Other Enhancements Additives and Treatments to Boost BTU/lb Flowable and Grindable Increased Moisture & Weather Tolerance Potential for Significant Emission Reductions Additives to Further Manage Emissions & Fouling
Engineered Biomass FuelProcessing and Supply Innovation
Weatherable Intermediate Gave Path to Granulated
Designed for Pulverized Coal Plants
20 grams
VS Other Renewable Power OR Emission Control Approaches
BioPower from Coal-Fired Plants
Coal Emission Control
(Sequestration, Scrubbers)
Natural Gas (New Construction
or Conversion of Coal-Fired)
Other Renewable(Wind, Solar, Geothermal)
Regional Influence
Biomass Sources Available In Every
State, Every Region
Western Coal Mines Supply the Bulk of US
Coal-Fired Power.
Natural gas availability is site specific, and must be on a pipeline.
Wind, solar, and geothermal
performance is specific to region.
Financial Cost Competitive $/MMBTU as
Augmentation to Coal without Subsidy
High Capital Improvements and High
Operating Expenses Required
High Capital Intensive, but Current Low-Cost
$/MMBTU is Cost Effective. Risk of long-
term fuel cost increases.
High Capital, but financially feasible with
subsidy. Subsidy is expiring in near-term.
Effect on Grid Baseload Baseload Baseload Intermittent
Long-term Costs
Allows for Extended Use of Existing Power
Conversion facilities (legacy power plants).
Unknown costs of closing legacy coal-
fired plants and power plant site clean-up costs
Export market and debate over fracking has potential impact on long-term costs.
Long-term maintenance costs of high-capital items are
not yet known.
COMPLETED:• APPA Engineered Fuel Material Specification• USDA REAP Grant for $500,000• Purchase Order for 700 tons from Columbia [Missouri] Water
and Light to Complete MDNR Required Test Burn
IN PROGRESS:• Build and Equip Development Line to Fill Orders for Testing
Quantities• First Partnership for “Build-Corp” to Build Export-Focused (out
of Missouri) Fuel Plant
Fuel Commercialization Milestones Focused on Biomass Fuel Testing in MidWest,
while Selling to East and West Coast Power Utilities
Support and Collaboration
APPA – American Public Power AssociationNRECA – National REC Association
MREA – Missouri Rural Electric AssociationMoDAg – Mo Department of AgricultureMDC – Mo Department of Conservation
MCGA/MCMC – Mo Corn Growers AssociationMIZZOU – University of Missouri
KCGA – Kansas Corn Growers AssociationNCGA – Nebraska Corn Growers Association
Competitive Advantage
• Patentable Technology Portfolio– Docket of 20+ global patent applications in multiple
innovations, multiple markets.– Additional innovation being filed on continuous basis
• Technology Harvesting Protocol– Stringent Non-Disclosure Approach to Partners,
Collaborators, and Information Release
• Experienced Approach to Commercialization– Based on Incentive-Free Business Approach
• Expertise in Incentive Harvesting– Nimble and Thorough Approach to Increase Profitability
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