Biogas Project Development in SC 2012.
Download as PPT, PDF3 likes690 views
Environmental Fabrics, Inc. is a manufacturing and contracting firm founded in 1993 that specializes in floating cover anaerobic digesters for biogas generation. The company has installed projects around the world. It is working on a farm-based animal waste to energy project in South Carolina that will use an anaerobic digester and generate enough electricity for 90 homes. The project involves collaborators in South Carolina and will reduce carbon emissions.
Biogas Project Development in SC 2012.
- 1. Click to edit Master title style
- 2. Click to edit Master title style Environmental Fabrics, Inc., is a manufacturing and general contracting firm founded in 1993 by Zeb Fuchsluger, Dennis Shanklin, and Ray Pickel. The diverse backgrounds of the founders provided the firm knowledge to design, fabricate and install geosynthetic products. The firm specializes in the application of Floating Cover Anaerobic Digesters for the generation of Biogas, with projects throughout the world. EFI is a recognized Voluntary Emission Reduction and Clean Development Mechanism technology provider in the US and Kyoto allied countries. The Principals have the combined experience of over 50 years in the field of civil/environmental manufacturing and construction.
- 3. Click to edit Master title style Capacity Global Installation Torreon, China Mexico Amarillo Cyprus Texas
- 4. International Operations Click to edit Master title style
- 5. Click to edit Master title style
- 6. Click to edit Master title style
- 7. Click to Overview Project edit Master title style • South Carolina’s first farm-based animal waste to energy project located in Williamsburg County, SC. • 9600 Gilt replacement farm • EFI will install a Heated Complete Mix Anaerobic Digester with a CHP unit. • The engine has rated capacity of 180 kilowatts • Will provide enough electricity for about 90 average South Carolina homes • Part of Santee Cooper’s renewable energy portfolio • Removes approx 5200 tons of CO2e per year.
- 8. Click to Characteristics Unique edit Master title style • Project employs two innovative elements to make digester/generator technology possible for family farms: 2. Cost-efficient geo-membrane digester vessel to reduce capital costs; 3. A business model that overcomes the obstacles small farms face in getting access to capital, developing operational expertise, and manpower. • EFI will own and operate the project for 10 years, at which time the upfront capital will be repaid. Then, EFI and the farm owner will negotiate a new lease agreement. • Requires no investment from farm owners.
- 9. Click to Collaborators title style Project edit Master The project was an all-South Carolina effort to develop this renewable source of energy for the state. – Duffy Connolly - owner of Burrows Hall Farm – Santee Cooper - power purchaser – Clemson’s South Carolina Institute for Energy Studies (SCIES) - project definition and implementation – EFI - providing project engineering, construction and operation of the anaerobic digester and energy facility – South Carolina Energy Office - administered competitive grant program – South Carolina Department of Agriculture - provided initial grant support – Santee Electric Cooperative - providing interconnection to electric grid
- 10. Click to Funding Project edit Master title style • Environmental Fabrics, Inc. (EFI) has executed a Power Purchase Agreement with the South Carolina Public Service Authority (Santee Cooper). • EFI will apply for a US Treasury tax credit (under Section 1603 of ARRA). The funds from this will not be available until well after construction is completed. • The SC Energy Office granted $199,995 for the initial feasibility study by Clemson’s South Carolina Institute for Energy Studies • No Cash Investment made by Duffy Connolly. Farm provides land and manure. • EFI is funding ALL construction and operation costs.
- 11. Click to edit Master title style Facility Burrows Hall Renewable Energy
- 12. Click to editR.E. Facility (Construction) Burrows Hall Master title style Project Area Existing Manure Storage
- 13. Click to editR.E. Facility (Construction) Burrows Hall Master title style Earthworks Anchor Trench and Piping
- 14. Click to editR.E. Facility (Construction) Burrows Hall Master title style Liner Installation Sludge Removal System Installation
- 15. Click to editR.E. Facility (Construction) Burrows Hall Master title style Filling process Filling process
- 16. Click to editR.E. Facility style Burrows Hall Master title
- 17. Click to editR.E. Facility style Burrows Hall Master title
- 18. Click to edit Master title style
- 19. Let’s to edit the numbers Click look at Master title style 9600 Finisher Farm in SC with Carbon Credits Project Cost $ 655,000.00 FINANCIALS Commercial Loan $(458,500.00) Average NOI 90,479 /yr Interest 10 yr period 4% $(98,550.75) Princ ip + Interest 55,705 Total Revenue Elec trical $1,257,498.00 DSCR 1.62 Total Revenue Carbon Credits $343,916.38 IRR 15% Total Income $904,789.91 Elec trical OPEX Against Income 47% Carbon OPEX Against Inc ome 35% Overall OPEX Against Income 73% Total Profit $ 347,739.16 Profit Margin 22%
- 20. Let’s to edit the numbers Click look at Master title style 9600 Finisher Farm in NC without Carbon Project Cost $ 665,000.00 FINANCIALS Commercial Loan $55,180.00 Average NOI 112,026 /yr Interest 10 yr period 4% $(11,860.48) Princip + Interest 6,704 Total Income $1,120,261.53 DSCR 16.71 OPEX Against Revenue 39% IRR 214% Total Profit $ 1,053,221.05 Profit Margin 61%
- 21. Let’s to edit the numbers Click look at Master title style 3MW Organic Waste Facility in SC Project Cost $ 9,583,165.93 FINANCIALS Commercial Loan $(9,583,165.93) Average NOI 1,271,944 /yr Interest 10 yr period 4% $(2,059,821.57) Princip + Interest 1,164,299 Total Revenue $12,719,436.07 DSCR 1.09 OPEX against Income 85% IRR 6% Total Profit $ 1,076,448.57 Profit Margin 5%
- 22. Let’s to edit the numbers Click look at Master title style 3MW Organic Waste Facility in NC Project Cost $ 9,583,165.93 FINANCIALS Commercial Loan $(9,583,165.93) Average NOI 2,270,924 /yr Interest 10 yr period 4% $(2,059,821.57) Princip + Interest 1,164,299 Total Income $22,709,236.07 DSCR 1.95 OPEX Against Revenue 58% IRR 22% Total Profit $ 11,066,248.57 Profit Margin 35%
- 23. The to edit ClickSolutionMaster title style • Little changes in Policy make a BIG difference. • We MUST replace coal with other sources of energy. It is sending our money to KY, PA, and WV. • An RPS brings jobs and makes SC competitive and it will not dramatically affect rates. • A balanced portfolio with nuclear, hydro and renewables should be the future if we want those jobs. • If we don’t act NOW. Jobs and other opportunities will go to more business friendly states.
- 24. Click to edit Master title style Thank You Ricardo A Hamdan International Marketing and Business Development [email protected] Environmental Fabrics Inc. 85 Pascon Court Gaston, South Carolina U.S.A. Toll Free: (800) 910-5280 Local: (803) 551-5700 www.environmentalfabrics.com Fax: (803) 551-5701