Your SlideShare is downloading. ×
  • Like
09 CeoMeeting- Session1- Cobalt
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Now you can save presentations on your phone or tablet

Available for both IPhone and Android

Text the download link to your phone

Standard text messaging rates apply

09 CeoMeeting- Session1- Cobalt

  • 600 views
Published

 

Published in Technology , Business
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
600
On SlideShare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
15
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Cobalt: A Better Way to Make a Better Biofuel Rick Wilson: 650-230-0750
  • 2. Cobalt Snapshot
    • Biofuel plus green electricity
    • Huge market, government-mandated demand
    • Butanol – biofuel 2.0 (bio-gasoline & B20 bio-diesel)
    • Capital efficient, strongly profitable at today’s oil prices
    • Driven by engineering, protected by IP
    • Management team built to scale up the technology
  • 3. Cobalt’s Opportunity Woody Biomass Agriculture Residue Energy Crops U.S. Market – From Zero to 15 Billion GPY in 10 Years Conventional Biofuel (Corn Ethanol) Cellulosic Biofuel Biomass-Based Diesel Other Advanced Biofuel 0 5 10 15 20 25 30 35 40 2008 2010 2012 2014 2016 2018 2020 2022
  • 4. Fuel – The World’s Largest Market
    • 360 Billion gallons of gasoline consumed globally annually
    • Billion gallon global chemical market
    • Number of cars to increase 200 million (30%) by 2015; internal combustion engine will dominate
    • Corn ethanol capped, butanol to breakthrough blend wall
    • Butanol used as gasoline blend in the beginning
    0 5 10 15 20 25 30 35 40 2008 2010 2012 2014 2016 2018 2020 2022
  • 5. Butanol: Drop in Biofuel Source: GM, BP, Tetra Tech, internal analysis Fuel Efficiency + 25% Infrastructure Compatible YES Engine Compatible YES Evaporative Emissions Lower VOC Tailpipe Emissions Reduced Biodegradable (not MTBE) YES Non Toxic (not MTBE) YES Green House Gases -90 % Approval US 16% EU 15%
  • 6.
    • High Margin
    • Premium Product (blend value above gasoline price, chemicals)
    • High yield (strain improvement)
    • Cheap feedstock (high impact, non-food)
    • Low Variable Costs (single product)
    • Low Capital
    • High productivity (bioreactor)
    • Low severity (pretreatment)
    • Energy integration
    Cobalt’s Formula for High Returns
  • 7. Challenges for Competing Technologies
  • 8. Cobalt Scale Up Plan
      • Pilot plant testing mixed sugars since June 2009
      • Pilot plant testing softwood by December 2009
      • ~1 million gallon per year facility operational 2011
      • 10 million gallon per year facility operational 2013
      • 50 million gallon per year facility operational 2014
    Pilot Facilities Mountain View CA: Bioreactor & distillation Golden, CO: Hydrolysis and conditioning
  • 9. The Team to Implement and Scale Rick Wilson, PhD CEO
    • Amoco/BP
    Steven K. Shevick CFO
    • Synopsys, Ausra
    Mark Dinello SVP, Engineering and Ops
    • Amoco/BP
    Hendrik Meerman, PhD Director Bioprocessing
    • Genencor
    David Walther, PhD Director Engineering Research
    • UC Berkeley
    Stacy Burns-Guydish, PhD Director Microbiology
    • Stanford
  • 10. Cobalt: A Better Way to Make a Better Biofuel Rick Wilson: 650-230-0750