*Portions of the agenda are tentative and subject to change.
UNITE & IGNITE
Monday, August 26
3pm - 7pm Conference Registration
5pm - 7pm Welcome Reception
Tuesday, August 27
8am - 6pm Conference Registration
8:30am - Noon General Session - "Innovation & Policy"
"Unite & Ignite" Policy Q&A with ACE Leadership
ACE Executive Vice President, Brian Jennings, and Senior Vice President of Market Development, Ron Lamberty, will provide remarks and take questions from the audience.
Opportunities for Ethanol Producers to Reduce Carbon Intensity
Instead of fighting state and federal policies that encourage corn ethanol producers to reduce carbon intensity, discover what others are doing based on corn yields, farming practices, and ethanol plant efficiencies to improve corn ethanol's lifecycle greenhouse gas emissions calculations, and how you can capitalize on these opportunities to reduce the carbon intensity of your ethanol plant.
RFS Pathways to Innovation
RFS provisions calling for significant gallons of advanced and cellulosic biofuel in the future requires EPA to certify biofuel production "pathways" that meet required greenhouse gas emission reduction levels set in statute. While EPA set a number of pathways when implementing the RFS in 2008, they also understood that new feedstocks and pathways would likely be developed over time. This panel will help ethanol producers understand when it is necessary to submit a formal pathway petition as well as steps required to petition EPA for approval of a new pathway for advanced and cellulosic biofuels. In addition to hearing from EPA, other companies that have worked through the process to innovate and generate advanced and cellulosic RINs will share their experiences.
Wednesday, August 28
Noon - 1pm Lunch
1:30pm - 4:30pm Breakout Sessions
1. RINs Academy
2. Overview of State and EPA Ethanol Air Enforcement Activities
3. The Impact Employees Have on Your Plant's Success
4. Roles & Relationships: Building and Maintaining Constructive Relationships Among Board Members, Management, and Investors
5. Building Your Board: Election Management
5pm - 6:30pm Networking Reception
8:30am - Noon General Session - "Marketing & Profitability"
Taking Advantage of RINs in the Marketplace
With RFS renewable fuels volumes soon exceeding the 10% blend level, oil companies have to decide whether they will meet their RFS obligations by offering higher ethanol blends to their customers or by purchasing RINs from other fuel distributors. Oil companies have taken a hard line against higher blends, saying retailers don't want to sell higher ethanol blends and consumers won't buy them. Fuel wholesalers and retailers who are already selling E15, E85, and other blends to their customers have not only proven Big Oil wrong, they have added profits to their bottom line by knowing the value of RINs.
Autos and Octane - TBD
Co-Product Power: Diversification and the Financial Health of Today's Ethanol Plant
Many people outside the renewable fuels industry point to "average" negative margins as an indicator that the industry as a whole is unsustainable in the face of a continued negative-margin environment, and it is certainly true that some plants have struggled or temporarily shut down over the past eighteen months. However, many plants continue to operate at capacity and turn a profit; an increasing chunk of ethanol plant revenue is derived from an ever-diversifying mix of co-products, which lessens the impact of a negative ethanol margin. Using statistics from nearly ten years of data gathered from the Biofuels Benchmarking program, John will use graphs and charts to illustrate historical trends in plant revenue, EBITDA, net income and other indicators of financial health. He'll also explore the impact of co-product trends in depth, with a focus not merely on revenues generated from co-product sales, but on how the right mix of co-product can ultimately result in higher (and more consistent) earnings on each bushel of feedstock purchased.
-John Christianson, Principal Partner, Christianson & Associates, PLLP