1 / 7

Farming Clean Energy Conference November 6, 2008

Farming Clean Energy Conference November 6, 2008. Highlights.

briar
Download Presentation

Farming Clean Energy Conference November 6, 2008

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Farming Clean Energy Conference November 6, 2008

  2. Highlights Located in the City of Hanford, County of Kings, in the heart of California’s San Joaquin Valley. California is committed to aggressive growth of biofuels to replace 20 percent of petroleum fuel consumption by 2020 and 30 percent by 2030. • GVE Site Highlights • Less than three hours by truck to over 1 Bn gallons of ethanol demand. • Less than two hours by truck to 2.5 Million head of cattle. • Permitted for up to 63 Million gallons (4,300 bpsd) of ethanol. • Permits include carbon dioxide recovery plant. • Enterprise Zone with substantial tax credits and incentives. • R&D tax credit is highest in the U.S. • Adjacent to main rail line and existing feed mill. • Excellent access to Central Valley’s major highways. • More than 13 Million BDT/yr of gross biomass in the San Joaquin Valley. • 110 plus acres with other potential uses and expansion opportunities.

  3. Company History 2006 Bakersfield startup in January. Purpose was to develop two biofuels projects in the San Joaquin Valley. Completed feasibility studies, secured control of two sites (Hanford and Wasco), raised development equity. 2007 Completed entitlements process (conditional use permits, air permits, full environmental impact review including aesthetics, agriculture, biological, noise, traffic, air quality, risk, water, wastewater, greenhouse gases, and more). Approvals in December 2007. 2008 Decisions appealed by interveners, approvals in March. Lawsuits filed by interveners in April. Settled lawsuit in Hanford, fully entitled site as of September. Withdrew from Wasco.

  4. Barriers • Development • Development Equity • Public Understanding • Competitive Hype • Permitting Process (CEQA) • Air Quality • Greenhouse Gases • Endangered Species Conservation • Water Mitigation • Land Conservation • Interest Groups (Interveners) • Operation • Feedstock • Market Access (Incumbent) • Infrastructure • Technology • Competition (not California) • Misdirected Subsidies • “Free” Markets

  5. Solutions • Development • Development Equity – Strategic equity partners (farmers, fleets) • Public Understanding – Outreach campaign (disinterested) • Competitive Hype - ?? • Permitting Process (CEQA) – Technical assistance (pro bono), lead agency • Air Quality – ERC arrangements • Greenhouse Gases – Clarity with AB32 • Endangered Species Conservation – Solutions other than conservation credits • Water Mitigation – Certainty on water supply • Ag Land Conservation – Bioenergy Land Trust • Interest Groups (Interveners) – Higher authority, public show of support

  6. Solutions • Operation • Feedstock – Starch, Sugar, Cellulose • Market Access – Break the Chain • Infrastructure – Financial Incentives for pumps • Technology – Flex fuel vehicles, E85 farm equipment • Competition – Disadvantage for Midwest and Foreign Ethanol • Misdirected Subsidies – Redirected Subsidies, collars • “Free” Markets – Mandate the likely winners

  7. For More Information: Edward Settle President/CEO Great Valley Energy, LLC 5330 Office Center Court, Suite 50 Bakersfield, CA 93309 877.GR8.FUEL (Toll Free) e.settle@gvemgmt.com

More Related