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Ramko Rolland Associates
PRESENTATION OF A HIGH TECH AGRI-BUSINESS PROJECT
GROWING RENEWABLE ENERGY CROPS & METHANEHARVESTING IN EASTERN EUROPE
Mature Switchgrass on the Midwest plains in US - yield up to a record 15 tones dry mass per acre if irrigated
Ramko Rolland Associates
Mature miscanthus grown in Illinois US – yield up to a record 26 tones dry mass per acre if irrigated
Prepared by Haim R. BranisteanuSeptember 2007
Ramko Rolland AssociatesCorporate Finance and Operational Restructuring40 East End Avenue, New York, New York 10028 12 Gotlieb Street, Tel AvivTel: +1-914-595-6026 Fax: +972-77-524-2780 Israel 64-392E-Mail: [email protected] Tel +972-3-523-2744_________________________________________________________________________________________________________________________________________________________
Ramko Rolland AssociatesTABLE OF CONTENTS
Executive Summary …………………………..………..…………………………………….….. 1Suited Countries ……………………..……………….………….……………………. 1Preliminary Investment and Assets values ……………..………..……….. 1Project Stages and Grants ………………… ……………..………………..…..... 2Barriers of Entry…………………………………………………………………………. 2
Summary Background …………………………………………………………………………... 3Availability of Resources ……………………………………………………………. 3Primary investment …………………………………………………………………… 4Sun Energy v. Bio-mass cultivation ……………………………………………. 4Energy ratio between energy crop and coal ……………………………… 4Solar Energy Projects v. Bio mass cultivation ……….……………………. 5Proposed cultivation of energy crops ………………………………………… 5Energy yield per hectare and price comparison to coal …………….. 6
Proposed way of action ………………………………………………………………………… 6
BACKGROUND MATERIAL and COST ANALYSIS
Market trends Canada Year 2001 …………………………………………….……………. 8Cost of Growing Grass US Department of Energy Final Report …..………….. 9Cost tables for Switchgrass ………………………………………………..……………….… 12Cost tables for Canary grass …………………………………………………..……………… 13Department of Energy vision on renewable energy ………………………………. 14Switchgrass Energy input / output ratio ………………………………………………… 15Comparable Energy analysis of Biomass use ……...……….………………………… 16General financial projections..……………………………………..…………………………. 28
FINANCING SOURCES AND LOCATIONS
Government Agencies and Grants ……….……….………………..…………………….. 17Map of Bulgaria Renewable Energy Projects …….…………..……………………… 18US average Cropland values per state ……………….………….………………………. 19Methane Harvesting and Soy meal substitute for farm animals ……………. 20Micro-Algae Culture and prospects ……………..….…..………..……………………… 23New cost estimation University of Tennessee ……………………………………….. 30Miscanthus Input / Output energy ratios ……………………………………………….. 32Miscanthus / Switchgrass energy content comparison ………………………….. 33
Additional AttachmentsEU tables of grants allocated for improvement of agricultural landsComparable cost of cultivating various grainsVarious articles justifying the economic benefits of energy grasses;US / UK power plants with co-firing of energy grasses with coal / NGUS – Switchgrass, Canary Grass, Germany, UK – MiscanthusIndia Europe – Sorghum / Sudan Grass Hybrids for co-firing power plantsEnergy feed from micro-algae and the potential for transportation fuelsCarbon and Methane capture programs
