From Dairy Biogas to R-CNG & Electric Vehicle Fuel

December 4, 2019

Energy Game Change 2019

California’s GHG Emissions

▪ CA to reduce GHG* by 40% by 2030

- All GHG by 40% versus 1990 baseline

- Dairy CH4 by 40% versus 2013 baseline

▪ Methane is a significant GHG source

- 9% of total: 100year GWP** @ 25X

- 22.4% of total: 20year GWP @ 72X

▪ Dairies: a primary source of CA CH4

- 55% of CA methane emissions

- 26% of CA total from manure lagoon

*Greenhouse Gases **Global Warming Potential

California’s GHG Law and Dairies’ Role

Geo-Coded Dairy Data: 40% from 15%

Dairy Digesters are Cost Effective*

April 2016 Report

* Based on 100 yr GWP

Dairy Biogas -> Fuel Options

R-CNG Fuel

1. $75/MMBTU (Gas, LCFS, RIN)

2. 90% less NOx Emissions

3. LCFS & RIN Market Price Risk

Electric Fuel

1. $64/MMBTU (kWH, LCFS, RIN)

2. 90+% less NOx Emissions

3. LCFS Market Price Risk (Floor = BioMAT $25/MMBTU)

August 2019 market prices for Gas, RIN and LCFS

Dairy Biomethane LCFS Carbon Intensity

* California Bioenergy LLC: California Dairy Digester Biogas to CNG GREET 2.0, LCFS FP: CNG056, CI: -276.24

Biogas to R-CNG Fuel with

1 2 3 4 5 6 7

Digester Biogas TreatmentFacilities

Polish H2S &Remove H2O

CompressBiogas

BiogasCollection

Lines

Biogas Conditioning &

Upgrading

ProductGas

Compressor& Pipeline

Lateral

Interconnection(Point of Receipt)

PipelineExtension

NGV FuelingStation or

Other End-Use

Monitor &Meter Biogas

CompressBiomethane

RemoveCO2 and H20

One Cow = 125 DGE/Yr

Oxygen forBulk H2S Removal

Double-lined Digesters

Inflated digester with storage

Biogas Gathering Line Construction

Boring Under Hwy 5

CalBioGas™ Stations & Partner Progress

CalBioGas™

biogas, biomethane, R-CNG

and electric fuels

Biogas to Electric Fuel with

15

16

Manure

Digester

Dairy

RAW

BIOGAS

2MW

BLOOM ENERGY SERVER

FUEL CELL

HYDROGEN

SULFIDE

REMOVAL

RENEWABLE ENERGY CREDITS

Retired Against Load for LCFS

(12 Million RECs)

BROWN

POWER

FOR SALE

(12 Million kWh)

ELECTRICITY

TO BARN (NEMA)

ELECTRICITY

TO PG&E (WHOLESALE)

EV

CHARGING FACILITY

MUNICIPALITY

A Dairy Fuel Cell Project Flow Chart

Two Cows = One EV

Electric Growth – 5 Million in CA by 2030

CalBio Contact Information/Management

N. Ross Buckenham (CEO)rbuckenham@calbioenergy.com

Neil Black (President)nblack@calbioenergy.com

www.calbioenergy.com

California Bioenergy324 S. Santa Fe St., Suite B

Visalia, CA 93292

(559) 667-9560