Green Plains Renewable Energy, Inc' BioProcessAlgae LLC Shenandoah Algae Project Linking the Value C

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Green Plains Renewable Energy, Inc.
BioProcessAlgae LLCShenandoah Algae
ProjectLinking the Value ChainIRFA Renewable
Fuels SummitJanuary 27, 2009
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BioProcessAlgae

• Management
• CEO Kevin Lynch
• Chief Scientist John Haley
• Engineering Ryan Armasu
• Business Development Scott Poor
• Board of Directors
• Todd Becker, Chair, Green Plains
• Wayne Hoovestol, Green Plains
• Rosheen McGuckian, NTR plc
• Howard Kilguss, BioHoldings
• Tim Burns, BioProcessH20

• BioProcessAlgae is a joint venture between Green
  Plains Renewable Energy, Inc., NTR plc, Clarcor,
  Inc., and BioProcessH20 LLC.
• BioProcessAlgae formed in 2008 to commercialize
  algae production with advanced photobioreactor
  technologies.
• BioProcessAlgae personnel invented patented
  photobioreactor technologies. Management team
  has entrepreneurial and renewable energy project
  development experience and expertise.
• Ethanol industry relationships offers synergies
  in marketing biofuels and by-products.

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BioProcessAlgae

• A photobioreactor (PBR) is a self-contained
  system that provides an artificial environment
  for photosynthetic organisms (algae) to perform a
  chemical conversion. A PBR generally has the
  following subsystems
• Light System
• Air Handling System
• Reactor Mixing System
• Electrical System
• Structural System
• Instrumentation System
• Nutrient System

• BioProcessAlgae has patented PBR technology.
  The PBR prototype is located at the technology
  development centre in RI.
• The PBR prototype has achieved continuous
  production for 6 months.

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Shenandoah Project

• Shenandoah Algae Project
• Green Plains operates a 50mgy ethanol plant in
  Shenandoah, IA
• Available CO2 148,000 tonnes per annum
• Available Water 272,000 gallons per day
• Recycled Municipal Gray Water System
• Installation of pilot project PBR system in
  Spring 2009.
• Iowa Power Fund grant funds.

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Shenandoah Project
Shenandoah Pilot Project Goals CO2 conversion
(/- 70,000 tonnes per annum) Develop PBR
engineering design data Position Iowa as leader
in algae industry
Project Development Pathway Phase 1 2
Phase 2
Phase 1.1
Phase 1.2

• Initiate on site testing of PBR
• 1- 3 test units approx. 0.5 ha in scale
• Configuration of light and heat addition for PBR
• Select best environment and algae for biomass
  yield, and CO2 sequestration
• Cost 950,000

• Continue scale up targeting yield and optimum
  unit size
• Approximately 6 months on site continuous
  production
• Confirmation of 3kg/day and 15kg/day units
• Confirming target production capital and
  operating costs
• Cost 3,220,00

• Engineering scale unit approx 50 tonne/day
• Optimize production unit design and cost
• Algae refining and isolation
• Cost 50,000,000

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Linking the Value Chain

• Linking the Value Chain
• Adding Value to Ethanol Process
• Use of Heat, CO2 Water
• Algal Oil (Potential Biofuel Feedstock)
• High-Protein Animal Feed
• Bolt-On technology. Adds a new revenue stream
  to ethanol plants.
• Ethanol industry already operate in biofuel and
  animal feed markets. Algae can benefit from
  existing marketing relationships and supply
  chains.
• Makes ethanol cleaner and greener. Ethanol plants
  are a pure source of CO2.
• Second generation biofuel federal funding and
  incentives.

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Linking the Value Chain

• Algae Output
• Projections
• Per 50mgy
• Ethanol Plant
• 70,000 tonnes of CO2 eliminated per annum
• Production of 3 million gallons of biodiesel per
  annum
• Production of 24,000 tonnes of high-protein meal

• BioProcessAlgae will sequester up to 90 of CO2
  as it passes through our PBR
• BioProcessAlgae will integrate its operations to
  work with all stakeholders to utilize valuable
  CO2.
• Approximately 2 tonnes of CO2 will produce 1
  tonne of photautotrophic algae

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Questions

• Contacts
• Kevin Lynch
• CEO, BioProcessAlgae LLC
• United States
• 9420 Underwood, Ste. 100
• Omaha NE 68154
• Ireland
• Burton Court, Burton Hall Road
• Sandyford, Dublin 18
• 353 87 853 6585
• Kevin.Lynch_at_ntr.ie
• or
• Scott B. Poor