Aemetis Negotiating Supply of 1.6 Million Metric Tonnes per Year of CO2 for Carbon Sequestration at California Biofuels Plant Sites - Seite 2

A Stanford University Center for Carbon Storage study issued in October 2020 cited ethanol plants in Central California as the most economic sites for CCS in California, comparing 61 carbon emission facilities in the state.  The other emission sources in the study that produce transportation fuels, primarily oil refineries, are the primary potential suppliers of CO₂ to the Aemetis carbon storage injection wells and monitoring facilities.

The planned 52 dairies in the Aemetis Biogas project are expected to produce approximately 50,000 metric tonnes of CO₂ each year.  The renewable jet/diesel plant under development is expected to produce more than 200,000 metric tonnes per year of CO₂.  The remaining 1.6 million metric tonnes of annual CO₂ injection capacity are expected to be filled by compressed CO₂ delivered via truck or rail to the two Aemetis CCS sites from renewable diesel plants and refineries that supply fuels to the California market.

The Aemetis Carbon Zero project, the Aemetis Biogas renewable natural gas project, and energy efficiency upgrades to the Aemetis Keyes plant include $57 million of grant funding and other support from the USDA, the US Forest Service, the California Energy Commission, the California Department of Food and Agriculture, CAEFTA, and PG&E’s energy efficiency program.

About Aemetis

Aemetis has a mission to transform renewable energy with below zero carbon intensity transportation fuels. Aemetis has launched the Carbon Zero production process to decarbonize the transportation sector using today’s infrastructure.

Aemetis Carbon Zero products include zero carbon fuels that can “drop in” to be used in airplane, truck and ship fleets.  Aemetis low-carbon fuels have substantially reduced carbon intensity compared to standard petroleum fossil-based fuels across their lifecycle.

Headquartered in Cupertino, California, Aemetis is a renewable natural gas, renewable fuel and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace petroleum-based products and reduce greenhouse gas emissions.  Founded in 2006, Aemetis has completed Phase 1 and is expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas (RNG).  Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed.  Aemetis also owns and operates a 50 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin for customers in India and Europe.  Aemetis is developing the Carbon Zero sustainable aviation fuel (SAF) and renewable diesel fuel biorefineries in California to utilize distillers corn oil and other renewable oils to produce low carbon intensity renewable jet and diesel fuel using cellulosic hydrogen from waste orchard and forest wood, while pre-extracting cellulosic sugars from the waste wood to be processed into high value cellulosic ethanol at the Keyes plant.  Aemetis holds a portfolio of patents and exclusive technology licenses to produce renewable fuels and biochemicals.  For additional information about Aemetis, please visit www.aemetis.com.