Mitch Mandich, CEO Range Fuels, Inc.
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1. A Proven Conversion Process
2. An Abundant, Sustainable and Cost Effective Supply of Feedstock
3. Accessible Biofuels Markets
4. Legislative and Regulatory Support & Clarity
5. A Sustainable System
Making Advanced Biofuels a reality – Five key ingredients:
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A Proven Conversion Process >>> FLEXIBILITY
44
K2A Optimization Plant, Denver Colorado
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The Right Location
66
Current Status
Soperton, GA
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1. A Proven Conversion Process
2. An Abundant, Sustainable and Cost Effective Supply of Feedstock
3. Accessible Biofuels Markets
4. Legislative and Regulatory Support & Clarity
5. Sustainability
Advanced Biofuels – The Path to Success
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The Technology can utilize:i. Tops and limbs (slash)ii. Understoryiii. Pre-commercial thinningsiv. Urban debris
What is the “excess” that can be collected and delivered?
i. What’s really out there - slash and understory (pine vs. hardwood stands)
ii. Collection and transportation costs will determine what is viableiii. Best Management Practices will be scrutinized
Feedstock >>> Abundant means Available
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o Today – Existing Forestry Resources Pulpwood Fuel chips Mill residuals
o Phase II – Getting more out of what’s there: In forest residue and un-merchantable timber Pre-commercial thinnings
o Phase III – New Sources of Renewable Biomass: Purpose grown trees and energy crops In-woods moisture management
Feedstock >>> The Evolution of Renewable Biomass
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Feedstock Supply – Putting the Pieces Together
A reliable Advanced Biofuels
market for the Feedstock
Practical Regulation in
support of Sustainability
A stable and profitableLogging community
Motivated Landowners
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1. A Proven Conversion Process
2. An Abundant, Sustainable and Cost Effective Supply of Feedstock
3. Accessible Biofuels Markets
4. Legislative and Regulatory Support & Clarity
5. Sustainability
Advanced Biofuels – The Path to Success
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Higher blends― Testing indicates +20% is achievable in existing vehicles
Wider distribution ― Only 1,651 E85 stations in the United States― More Flex Fuel vehicles in high mileage cars
Accessible Biofuels Markets >>> What Do We Need?
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1. A Proven Conversion Process
2. An Abundant, Sustainable and Cost Effective Supply of Feedstock
3. Accessible Biofuels Markets
4. Legislative and Regulatory Support & Clarity
5. Sustainability
Advanced Biofuels – The Path to Success
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Legislative and Regulatory Support
2007 Energy Independence and Security Act
BGY - Minimum
6.50 12 15 150
4.25
163
5
0.1
0.85
0
5
10
15
20
25
30
35
40
2007 2010 2016 2022
Current Corn-Based Cellulosic Biofuels Other
The RFS is critical to create and support a
market
The definition of Renewable Biomass needs to be inclusive,
not exclusive
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$1.01 per gallon cellulosic Biofuels tax credit $0.56 for cellulosic ethanol $1.01 for methanol
Title IX – Energy Programs (key provisions for Advanced Biofuels producers) ― Biorefinery Assistance
Loan guarantees – up to $250 million Grants – up to 50% of project costs
― Biomass Crop Assistance Program Provides financial assistance to growers transitioning to renewable
biomass for use by biomass conversion facilities
FOOD, CONSERVATION, AND ENERGY ACT 0F 2008
Legislative and Regulatory Support
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1. A Proven Conversion Process
2. An Abundant, Sustainable and Cost Effective Supply of Feedstock
3. Accessible Biofuels Markets
4. Legislative and Regulatory Support & Clarity
5. Sustainability
Advanced Biofuels – The Path to Success
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Sustainable development marries two important themes: that environmental protection does not preclude economic development and that economic
development must be ecologically viable now and in the long run.
“Meeting the needs of the present without compromising the ability of future generations to meet their own needs.“ 1
Sustainability >>> What is it?
1 The World Commission on Environment and Development – The Brundtland Report - 1987
Improving the Energy Balance
Reducing the impacts of GHG
Reducing the use of water
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Sustainability >>> Improving the Net Energy Balance
Sources: Argonne National Laboratory, "Energy and Greenhouse Gas Emissions Impacts of Fuel Ethanol" Presentation, August 23, 2005, and the Brazilian Reference Center on Biomass, "Brazilian Sugarcane Ethanol: Lessons Learned" Presentation, December 2005.
Fossil Energy Ratio (Output/Input)
0123456789
1011
Gasoline Corn Sugarcane CellulosicEthanol
More PositiveNegative
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Sustainability >>> While reducing GHG Emissions
Source: Argonne National Laboratory, "Energy and Greenhouse Gas Emissions Impacts of Fuel Ethanol" Presentation, August 23, 2005.
GHG emission reductions per gallon of ethanol to displace an energy-equivalent amount of gasoline
GHG Emission Reduction
0%
20%
40%
60%
80%
100%
E85 FFV: DM Corn Etoh E85 FFV: Cellulosic Etoh
Corn Ethanol
Cellulosic Ethanol
2020
1. A Proven Conversion Process
2. An Abundant, Sustainable and Cost Effective Supply of Feedstock
3. Accessible Biofuels Markets
4. Legislative and Regulatory Support & Clarity
5. A Sustainable System
Making Advanced Biofuels a reality – Five key ingredients: