From Dairy Biogas to R-CNG & Electric Vehicle Fuel December 4, 2019 Energy Game Change 2019 California’s GHG Emissions California’s GHG Law and Dairies’ Role ▪ CA to reduce GHG* by 40% by 2030 - All GHG by 40% versus 1990 baseline - Dairy CH4 by 40% versus 2013 baseline ▪ Methane is a significant GHG source - 9% of total: 100year GWP** @ 25X - 22.4% of total: 20year GWP @ 72X ▪ Dairies: a primary source of CA CH4 - 55% of CA methane emissions - 26% of CA total from manure lagoon *Greenhouse Gases **Global Warming Potential Geo-Coded Dairy Data: 40% from 15% Dairy Digesters are Cost Effective* April 2016 Report * Based on 100 yr GWP Dairy Biogas -> Fuel Options R-CNG Fuel Electric Fuel 1. $75/MMBTU (Gas, LCFS, RIN) 1. $64/MMBTU (kWH, LCFS, RIN) 2. 90% less NOx Emissions 2. 90+% less NOx Emissions 3. LCFS & RIN Market Price Risk 3. LCFS Market Price Risk (Floor = BioMAT $25/MMBTU) August 2019 market prices for Gas, RIN and LCFS Dairy Biomethane LCFS Carbon Intensity * California Bioenergy LLC: California Dairy Digester Biogas to CNG GREET 2.0, LCFS FP: CNG056, CI: -276.24 Biogas to R-CNG Fuel with 1 2 3 4 5 6 7 Digester Biogas Treatment Biogas Biogas Product Interconnection Pipeline NGV Fueling Facilities Collection Conditioning & Gas (Point of Receipt) Extension Station or Lines Upgrading Compressor Other End-Use & Pipeline Remove Lateral CO2 and H20 Polish H2S & Compress Remove H2O Biogas Monitor & Oxygen for Meter Biogas Bulk H2S Removal Compress Biomethane One Cow = 125 DGE/Yr Double-lined Digesters Inflated digester with storage Biogas Gathering Line Construction Boring Under Hwy 5 CalBioGas™ Stations & Partner Progress CalBioGas™ biogas, biomethane, R-CNG and electric fuels Biogas to Electric Fuel with 15 A Dairy Fuel Cell Project Flow Chart RENEWABLE ENERGY CREDITS Retired Against Load for LCFS (12 Million RECs) EV CHARGING FACILITY 2MW BLOOM ENERGY SERVER MUNICIPALITY Dairy FUEL CELL RAW Manure BIOGAS ELECTRICITY Digester TO BARN (NEMA) BROWN POWER FOR SALE ELECTRICITY HYDROGEN (12 Million kWh) TO PG&E (WHOLESALE) SULFIDE REMOVAL Two Cows = One EV 16 Electric Growth – 5 Million in CA by 2030 CalBio Contact Information/Management N. Ross Buckenham (CEO) [email protected] Neil Black (President) [email protected] California Bioenergy 324 S. Santa Fe St., Suite B Visalia, CA 93292 (559) 667-9560 www.calbioenergy.com.