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Ethanol Update State of Missouri

Ethanol Update State of Missouri. presented to Governors’ Ethanol Coalition August 2007 Omaha, NB. Current Facilities. Northeast Missouri Grain — Macon, MO Golden Triangle Energy Cooperative — Craig, MO Mid-Missouri Energy — Malta Bend, MO Missouri Ethanol, LLC — Laddonia , MO.

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Ethanol Update State of Missouri

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  1. Ethanol UpdateState of Missouri presented to Governors’ Ethanol Coalition August 2007 Omaha, NB

  2. Current Facilities • Northeast Missouri Grain — Macon, MO • Golden Triangle Energy Cooperative — Craig, MO • Mid-Missouri Energy — Malta Bend, MO • Missouri Ethanol, LLC — Laddonia, MO Missouri Department of Natural Resources

  3. Current Facilities Missouri Department of Natural Resources

  4. Missouri Facilities Missouri Department of Natural Resources

  5. Ethanol Initiatives • Ethanol Incentive • E-10 Guideline • Increased FFV Target for State Fleet • First FFV Hybrid Missouri Department of Natural Resources

  6. Ethanol Initiatives • Ethanol Incentive • 51% Missouri Farmer Owned • 20 cents per gallon for first 12.5 million gallons • 5 cents per gallon for next 12.5 million gallons • Total Expenditures - $43.6M (FY2000-2007) $13.7M in FY2007 • E-10 Guideline • Increased FFV Target for State Fleet • First FFV Hybrid Missouri Department of Natural Resources

  7. Ethanol Initiatives Missouri Department of Natural Resources

  8. Ethanol Initiatives • Ethanol Incentive • E-10 Guideline • Effective 1/1/08 • All Highway gasoline motorfuel must contain 10% Ethanol • Caveats • If Ethanol is equal or less than cost of gasoline • If Governor doesn’t waive for Air SIP • Increased FFV Target for State Fleet • First FFV Hybrid Missouri Department of Natural Resources

  9. E-10 GuidelineEPA RVP Issue • 1lb RVP Waiver for >9% Ethanol • Legislation could provide a mechanism for wholesalers to repeatedly switch between CG and E-10 over the course of a season • Issue Federal Clean Air Rules vs of mixed E-10 with CG in UST or AST’s Missouri Department of Natural Resources

  10. Ethanol Initiatives • Ethanol Incentive • E-10 Guideline • Increased FFV Target for State Fleet • Current Fleet Inventory 35% • Prior Statutory Goal 50% • 2007 Statutory Goal 70% • First FFV Hybrid Missouri Department of Natural Resources

  11. Ethanol Initiatives • Ethanol Incentive • E-10 Guideline • Increased FFV Target for State Fleet • First FFV Hybrid August 16, 2007 Ford Escape Missouri Department of Natural Resources

  12. Ethanol Legislative Issues • Total of 10 bills introduced in the 2007 • Wide Range of Topics • E-85 Infrastructure Tax Credit ($25K/25%) • Eliminating Cost Analysis for E-10 Guideline • Prohibition on Franchise Agreements limiting purchase/sale of E-85 Missouri Department of Natural Resources

  13. Ethanol UpdateState of Missouri presented to Governors’ Ethanol Coalition August 2007 Omaha, NB

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