Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets

10 de Apr de 2013
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets
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Biocycle 2013 Presentation - Low Carbon Fuel Standard, Renewable Identification Numbers and Carbon Markets

Notas del editor

  1. 5,000 cow diary digester10 year IRR$11.05 Capital CostRevenues from sale of transportation fuel, tipping fees, nutrients, bedding, and environmental markets.
  2. Credits – 17,500 credits/yearPrice Floor – $7 in 2013, $11 in 2020ARB Economic Analysis - $13 in 2013, $20 in 2020Point Carbon Modeling - $9 in 2013, $36 in 2020
  3. May 2012 through March 2013, the lowest recorded price was $0.29/RIN and the highest price was $1.07/RIN -- with an average price of $0.52/RIN.
  4. Credits ~ 82,000 MMBTUs of biomethane/year = 1.06 million RINs/yearLow - $0.20Medium - $0.49High - $0.72
  5. From Jan. 2013 to present = steady climb to $40/mtco2e
  6. Credits – 7,300 in 2013 to 6,500 in 2020 Current = $38CEC Projection = 2013 is $39, 2022 is $200Price Ceiling = $200
  7. Take away:Environmental markets have a major impact on project financials.Demand (how much credits must be purchased) and supply (what qualifies as a credit) are determined by policy.Environmental market revenues are not bankable.Projects must be financiable without them, but aware of potential value especially when negotiating contracts that may or may not take ownership of the attributes.