Farm Biogas Developer - Tim Evans (Renewable Zukunft)

www.renewablezukunft.co.uk

Farm Biogas Developer

Tuesday 30th June 2009


Bio-dieselOilseed Rape

Bio-ethanolWheat

“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


Renewable Zukunft

May 2007 - Company Incorporated

December 2007 - Austrian BioGas Joint Venture - “BioG GmbH”

October 2008 - £6 million investment by Climate Change Capital

December 2008 - Acquired BioG Biogastechnik GmbH

January 2009 - First UK Joint Venture signed

April 2009 - First UK planning permission granted

June 2009 – Project finance package completed

July 2009 - Construction start

June 2007 10 Founder Shareholders £2 million investment

Four UK based directors: Unique combination of skills & experience


Management Board

Tim Evans BSc (Ag), MIAC, MRAC (48)

Fluent German speaker, background in accountancy, agricultural finance, rural property & farm business consultancy Developed own 3,000ha arable & dairy farming business in former East GermanyInvolved with first East German bio-diesel plant, 1994 & bio-gas project 199715 years renewables experienceManaging Director – Renewable Zukunft Ltd & Bio-G Biogastechnik GmbH

Richard Fisher FRICS, FAAV, MRAC, Dip.Est.Man. (50)

Chartered Surveyor & Agricultural ValuerManaging Director J.G.Fisher Ltd., 600ha Lincolnshire arable farm businessManaging Director Cropmarket.com, crop market price monitoring service;Director LMR Ltd, Lincolnshire & East Midlands Machinery & Labour cooperative Technical member TAG, arable crop R&D. Operations Director Renewable Zukunft LtdDirector Bio-G Biogastechnik GmbH

Duncan Valentine BSc Ind. Eng. Dip Man. MiM. (61)

30 years advanced technology industry experience at Timken and QinetiQQinetiQ Operational Board responsible for Transport including renewable fuels/powerManaged international engineering, manufacturing, R&D and sales & marketing companies Commercial Director – Renewable Zukunft Ltd


Market for Biogas


Double “ROCs”


Renewable Zukunft Business Model

Design, build & operate best in class second generation biogas technology Joint venture approach – one off plant or cluster investments

Standard unit - 1MW output (2,000 households)

Energy crops and food chain waste

Technical developments & heat utilisation


What our package offers

Good low risk return on Investment


First Generation – Anaerobic Digestion Technology


Performance - Key Factors

Engine Efficiency

Engine Up-time

Gas Quality Consistency Quantity

Happy Bacteria!


Second Generation Anaerobic Digestion Technology


BioG Technology

Grain Drying

Woodchip Drying

Storage Hall

Substrate Drying

Silo Clamp

Gasometer

Secondary Fermenter

Main Fermenter

End Storage

Office

Engine Room

Feedhopper


Computerised management system


Energy Ring - Technical benefits

Increased fermenter volume Lower volume load Stable pH Constant temperature control Improved substrate movement

Higher process stability

Enhanced bacterial activity

Higher gas yield (Enhanced degradation)

Consistent Gas Yield Improved gas quality

Maximised engine efficiency Maximised up-times


Performance levels Bio-G, Utzenaich

Gas usage/M h/M KW/t FM KW/t DM

October/06 215093 745.06 371.2 1417.4November/06 193456 702.25 345.7 1320.0December/06 209699 743.27 357.2 1363.9January/07 210444 743.45 354.7 1354.1February/07 190443 667.22 376.4 1437.1March/07 209325 741.38 386.6 1476.3April/07 207157 717.43 393.9 1504.0May/07 210971 726.46 345.2 1318.0June/07 220446 715.59 374.8 1431.1July/07 229105 736.47 414.3 1582.1August/07 229386 742.01 410.9 1569.0September/07 220351 742.00 411.9 1572.7Sum 2,545,876 8,722.59 4543 17,346

Average 212,156 727 378.6 1,434

Comparison to Standard valuesGas usage/M hours/M KW/t FM KW/t DM

Bio-G feedstock - - 322.0 -% difference - - 17.6% -

Additionally Utzenaich uses slurry from approx 100 cows and 2000 pigs

Gas usage/M Gas usage per monthh/M Engine hours per month

KW/t FM KW per ton fresh matterKW/t DM KW per ton dry matter

Bio-G feedstock used in 2007 approximately 30% maize, 10% WC Triticale, 20% grass, 20% sunflowers, 20% WC Rye

17.6% less feedstock than

Competitorsystems

Best in Europe


Sensitivity Analysis – Key Factors


Best in Europe

Independently audited by

GE Jenbacher as the highest in

Europe8,706.34 hrs

Third consecutive year of operating

at this level

2008 = 42 hours down-time


Tangible benefits

Enhanced gas yield > 92% per tonne DM

Maximum up-time 8,706 hrs/yr (99.20%) Reduced Feedstock Requirement < 6,000t/year (26%)

Minimum on-site energy use < 4%

Minimum on-site heat use < 14%

Improved Profitability > £400,000 (c/w 1MW 1st generation plant averages)


Project Selection Criteria

Use of heat & power

Joint Venture %

Feedstock supply

Planning

Cluster potential

Client own funding

Grid connection

End substrate issues


Standard Project Structure

JV Partner

NewCo 50/50 Joint Venture

Special Purpose Vehicle£3.5m - £4.5m Investment

EPC Contractor

Technical Management

ElectricityHeatROCs

Others

Project Funding

70%

End Substrate

Day to DayOperation

Licencing &

Training

Site &

Grid Feedstock

BioG Technology

Equity15%

Equity 15%


A H Worth & Co LtdQV Foods Ltd

First Project


Opportunity

Attractive Investment in Renewable Energy

Green Electricity & Heat (CHP) from Anaerobic Digestion

Very Attractive Returns

Secure Partner

Capital Appreciation

Fixed Term Investment

Pre-Determined Exit Value


Tim Evans 07817 304 768

Richard Fisher 07711 905 600

Duncan Valentine 07801 387 775