Recycling Carbon Dioxide from Industrial

Emissions into Renewable Methanol

By: K-C Tran

CEO and Co Founder

Carbon Recycling International

Presentation at IASS Workshop Potsdam Germany

Sustainable Methanol: An alternative green fuel for the future

Institute for Advanced Sustainability Studies e.V.

Carbon Recycling International

Outline

About Us

From Research to Commercialization

First Carbon Dioxide to Renewable

Methanol Plant

All Advantages of Renewable Methanol

Cleanest Fuel

Market Barriers

Regulatory Barriers

A Time Line for Market Adoption of

Renewable Methanol

A Call for Actions

Carbon Recycling International

About Us

Renewable Methanol

CO2 Geothermal

Geosynthesis

CO2

Carbon Recycling International

2010 2012 - Future

Startup and

R&D

Q4 2011 2006-2009

Equity financing &

construction

Scale production

& product launch

Multiple plants

planned

From Research to Commercialization

Founded in Reykjavik,

Iceland by group of

Icelandic and US

entrepreneurs

Construction starts

on first production

plant with 100%

equity financing

Production starts and

RM3 blend launched

in Icelandic market

Negotiating for sites

in Iceland with

expected launch in

2014

Carbon Recycling International

The First Commercial Plant – Svartsengi

Iceland

1.7 Million Liter RM Production

1500 Tonnes CO2 recycled

2 MWe Energy Required

3x Expansion in 2. phase

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Computer generated image courtesy of Carbon Recycling International/Arkis.

First Commercial Plant

The George Olah Renewable Methanol Plant

Carbon Recycling International

All the Advantages

Sustainable

Meets all GHG emissions standards

Does not compete with agricultural commodities

Is environmentally friendly compared to fossil and biofuels

Economical

Competitive in price with biofuels in large scale

Minimal change of infrastructure required

Inexpensive vehicle technology available

Scalable

Can be produced in large scale with diverse feedstocks

Can replace a significant portion of oil in a short time

Carbon Recycling International

Cleanest Fuel

Decrease in CO2 emissions

Renewable Methanol CRI

Ethanol Sugarcane (Brazil)

Biodiesel Sunflower

Ethanol Sugarbeets (Brazil)

Ethanol Corn (EU)

Biodiesel Soybean

Biodiesel Rape seed

Ethanol Wheat (EU)

Biodiesel Palm oil

EU mandate 2018*: 60%

EU mandate 2017: 50%

EU mandate 2012: 35%

70%

80%

Carbon Recycling International

In Iceland

Friendly Regulations for renewable energy

Short Steam to Car Value Chain

Early Implementation stage for Renewable Fuel in Gasoline

80% of primary energy used in Iceland is from renewables

A Leader in renewable electricity and district heating

Remaining 20% from imported fossil fuels used for transportation (ships,

cars and airplanes)

Lagging behind in renewable transportation fuels

9

Carbon

dioxide

Methanol

Inte

rmit

tent

Bas

e load

Development of geothermal, wind, solar, and biomass

Use of stranded energy

Use of off-peak power

Reduction of production cost

Beyond Iceland

Carbon Recycling International

Market Barriers

Break down the 3% ‘blend wall’ – support A10

Raise public and policymaker awareness

Update fleet test data from the 1980s

Increase consumer confidence by resolution of uncertainty and

mixed signals

Break down the low blend wall – support A85 blends

Resolve uncertainty about compatability with legacy FFVs

Need a ‘Open Fuels Standards Act’ for Europe and US

Gain industry and regulatory approval for A85 standards

Carbon Recycling International

Regulatory Barriers

Make directives and regulations of technology

agnostic

Explicitly include Renewable Methanol in the

renewable fuel mandate

Define renewable fuels to include synthetic fuels and

biofuels

Promote development of Multi Fuel Vehicles

Carbon Recycling International

A Timeline for Renewable Methanol (RM)

Market Adoption

2015 2020 - Beyond

Low RM

blend phase

2020 2010

Alcohol blend phase GEM FFV Phase

RM based Green

Chemical Industry

3% RM, 97% FG Localized EU Regulations

10% Alcohol (7%RM, 3% SE) and 90% RFG Infrastructure for Alcohol Logistics

60%RM, 25% SE, 15% RFG Solution for Chicken and Egg Problem Replacement of 75% of Gasoline

RM as a building block in a green chemical industry

FG: Finished Gasoline; SE: Sustainable Ethanol; RFG: Reformulated Gasoline

GEM: Gasoline-Ethanol-Methanol; FFV: Flexible Fuel Vehicle

Carbon Recycling International

Call for Actions

Incentive program directly based on fuel carbon intensity (GHG savings) from local life cycle analysis per production unit

Make incentive structure directly correlated with GHG savings

Revert back to renewable fuels which include biofuels and other fuels from renewable sources

Establish public private cooperation to demonstrate blending of Renewable Methanol with gasoline

Inform the public of the potential of Renewable Methanol for transport fuel

Carbon Recycling International

Thank You