Lignocellulosic Business Models In Action

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Lignocellulosic Business ModelsIn Action

• Michael Ott
• BIOWA
• March 23rd, 2007

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Lignocellulosic Business Models-Inaction

• Michael Ott
• BIOWA
• July 12th, 2006

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Overview

• Why is biomass important?
• BIOWA
• BIOWA Capital
• Challenges and opportunities in biofuels

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Why are biofuels important?

• We are consuming more fuel than we can
  sustainably produce
• Corn based ethanol is not THE answer, it is AN
  answer
• We will see a shift from carbon to hydrogen based
  energy
• Biomass is the bridge

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Motivations for biofuels

• National security
• Environmental benefits
• Increased use of agricultural resources
• Local, permanent jobs
• The main motivator?
• PROFIT

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Ethanol and Biodiesel

• Iowa is the leading producer of corn, soybeans,
  ethanol, biodiesel, pork and biomass
• Syzygy of efficient technology, cheap feedstock
  and high oil prices leads to very profitable
  biofuel production
• BIOWA examines future problems and generates
  solutions

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Research Institutions
Commodity Manufacturers
Entrepreneurs
Producers
BIOWA
BIOWA Capital
Economic Developers
Biotechnology Companies
Environmental Groups
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What does BIOWA do?

• Facilitate projects
• Biorefinery
• Input/Output database
• Increase awareness of biobased products
• Public speaking
• Legislative input

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New Thing

• BIOWA Capital is looking to make investments in
  the bioeconomy
• Ethanol or Biodiesel plants
• New technologies
• Infrastructure

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Cellulosic Ethanol Challenges
Harvest, Transport and Store Cellulosic
Feedstock
Convert to ethanol and high value co-products
Transport ethanol and co-products to end users
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Cellulosic transfer solved?
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A much bigger scale
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But seriously, folks

• A global view of the cellulosic conversion
  process is necessary because variables are
  interdependent
• Various feedstocks require different pretreatment
  methods, enzymes and organisms
• Different regions should promote research on
  native feedstocks

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Cellulosic Ethanol Challenges
Harvest, Transport and Store Cellulosic
Feedstock
Convert to ethanol and high value co-products
Transport ethanol and co-products to end users
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Conversion Technologies

• Industry is capable and willing to solve the 2nd
  problem, with some help from the government.
• Iogen, Celunol, Mascoma, Bluefire, BRI, Verasun,
  ADM, Broin, Dupont, SunOpta, Range, Coskata,
  Abengoa, Xethanol,.. .
• Many other supporting companies

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Cellulosic Ethanol Challenges
Harvest, Transport and Store Cellulosic
Feedstock
Convert to ethanol and high value co-products
Transport ethanol and co-products to end users
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Ethanol Transport solved?
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Final Product Transport

• Our rail system is nearly overburdened
  transporting current amounts of ethanol and DDGs.
• Expansion of 3-15X will clearly outstrip the
  capacity of rail
• Pipelines have to be the answer

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Pipelines

• Currently pipelines are not used for ethanol
  transport for a number of reasons
• A feasibility study is needed to address issues
  and present solutions
• Private industry is not motivated to do this and
  it needs to be done, so public funds are
  necessary.

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Conclusion
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Conclusion

• Biofuels are the bridge to future energy supplies
• Local feedstocks require local solutions
• BIOWA looks to solve future problems, and so
  should you.

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Websites to visit

• www.biowa.us
• www.genencor.com
• www.mascoma.com
• www.icminc.com
• www.bioeconomyconference.org
• Feel free to contact me with any questions at
• biowa.us_at_gmail.com