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VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

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Page 1: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop
Page 2: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

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.

Page 3: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

New Product Awards

Page 4: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

Land Crop Power Consumer

has the Answers to Make it Work

Understanding the Bioeconomy Value Chain

Engineering Biomass to 21st Century Users

Page 5: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

• 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

Page 6: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

Supplements Coal

6

Page 7: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

Stoker Application

7

Page 8: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

Land Crop Power Consumer

has the Answers to Make it Work

Understanding the BioFuel Value Chain

Engineering Biomass to 21st Century Users

Page 9: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

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.

Page 10: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

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

Page 11: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

VS Other Solid Fuel Alternatives

Page 12: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

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

Page 13: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

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

Page 14: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

Weatherable Intermediate Gave Path to Granulated

Designed for Pulverized Coal Plants

20 grams

Page 15: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

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.

Page 16: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

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

Page 17: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

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

Page 18: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

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

Page 19: VISION: – Collaborative and productive gathering place for bioeconomy innovators MISSION: – Shepherd exceptional ideas – Safeguard these ideas and develop

Contact:Nancy Heimann, [email protected]

573-682-0042