Professional Documents
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How do
H d you take
t k three
th low-cost
l t energy resources:
– solar energy
– natural gas
– agricultural waste
…and transform them into advanced biofuels?
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Bottom line: Increased yield
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Illustration of Fuels Parks
producing 1 Billion gal/yr
producing 1 Billion gal/yr
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Point 4: “Drop
Point 4: Drop‐in
in” fuel
fuel
Gasoline
Diesel/
A i i
Aviation
Fully Compatible with Existing Infrastruture Fuel
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40
30
20 EPA: Renewable Biofuel Criteria
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0
Miscanthus Switchgrass "Woody" Rice Hulls
Biomass
Study conducted by Life Cycle Associates, Portola Valley, CA
Well to Wheel analysis – gm CO2 eq./mile
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Point 6: Cost‐advantaged,
Point 6: Cost advantaged, unsubsidized
unsubsidized
$/Gal ‐ Gasoline Equivalent
• Based on current markets prices,
Sundrop Gasoline (Blend) $1.80
Sundrop Fuels gasoline would
Sundrop Fuels gasoline would
have the lowest cost of
Sundrop Gasoline (Biomass only) $2.18 production of liquid fuels
• Assumptions:
Assumptions:
– Crude ($/bbl) = 80.00
– Corn $/(Bushel) = 3.77
Petroleum Gasoline (1) $2.08
– Natural Gas ($/MCF) = 5.00
– Biomass Feedstock ($/ton) =
Corn Based Ethanol (2) $3.19 75.00
Cellulosic Ethanol (3) $2.74
Con Biomass Gasification to Gasoline (3) $3.33
(1) Crack spread (2‐1‐1) derived RBOB cost based on $80.00 bbl crude oil
(2) Calculated based on industry model, Corn @$3.77 bu, Nat Gas @ $4.70 MMBTU
(3) Reference: National Academy of Science study : Liquid Transportation Fuels form Coal and Biomass Technological Status, Costs, and
Environmental Impacts (2009) 11
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Ultra‐clean
High Value
High‐Value
Transportation
Synthesis Gas
Fuels
Solar Energy from
Heliostat Field “High Intensity” Gasifer™
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Fuel
Gas Synthesis
clean up
Compression
and ash
removal
removal
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Operational –
p September 2009
p
“Coming On Sun”
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Commercial scale Up
Commercial scale‐Up
To 15,000 lbs/hr
Commercial
Production
Unit 1 (CP1)
To up to 500 lbs/hr
~30 MM gal/yr.
To up to 60 lbs/hr
/
From up to 10 lbs/hr
From up to 10 lbs/hr
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Feedstocks
• Residues
– Rice Hulls
Rice Hulls
– Rice Straw
– Forestry thinnings
y g
– Wheat straw
• Energy Crops
E C
– Miscanthus
– Switch Grass
Switch Grass
– Forage Sorghum
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* Results estimated given 25% of available residue is economically available to Sundrop Fuels at planned commercial site
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Milestone timeline
Milestone timeline
Laboratory scale
(60 kW) aerosol
reactor tube gasification
reactor tube gasification
Commercial
Production Unit 1
(CP1) : ~30 MM
gallons/yr
commissioned
220 MM gal/yr
RDF plant
Production Unit
operating
commissioned
on‐sun (80 kW)
(80 kW)
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Partnering
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Strategic Partners
Strategic Partners
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Strategic Partner(s)
Strategic Partner(s)
• Examine your entire value chain
– What relationships are most strategic?
– Who has a strategic problem that you are going to
solve?
– Who has the most to gain by aligning with you?
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Questions?
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