2. Bio-diesel Oilseed Rape Bio-ethanol Wheat “ Sun-diesel” Wood Bio-methane “ Biogas” Crops, waste, manures Biofuels vs Biofuels The distance driven by a 1.3lt Mini on bio fuel produced from 1 ha of land producing various crops
17. Best in Europe Independently audited by GE Jenbacher as the highest in Europe 8,706.34 hrs Third consecutive year of operating at this level 2008 = 42 hours down-time
18.
19. Project Selection Criteria Use of heat & power Joint Venture % Feedstock supply Planning Cluster potential Client own funding Grid connection End substrate issues
20. Standard Project Structure JV Partner NewCo 50/50 Joint Venture Special Purpose Vehicle £3.5m - £4.5m Investment EPC Contractor Technical Management Electricity Heat ROCs Others Project Funding 70% End Substrate Day to Day Operation Licencing & Training Site & Grid Feedstock BioG Technology Equity 15% Equity 15%