1. ROBBIE LOUW AND JOSLIN ANDREWS Exploring CDM Opportunities in Biofuels

2. Agenda Project and technical details World energy market – where does the project fit in? The CDM – where does the project fit in? Business Sense

3. Agenda Project and technical details World energy market – where does the project fit in? The CDM – where does the project fit in? Business Sense

4. Promethium’s Biodiesel Experience Ghana Project 100,000 ha Jatropha and Moringa CDM opportunities  Afforestation – PDD ready for validation  Biodiesel – Awaiting revision of AM0047  Solid biofuel – Project feasibility Zambia Project 10,000 ha Jatropha CDM opportunities  Afforestation – Baseline and sequestration calculations in process  Biodiesel - Awaiting revision of AM0047  Solid biofuel – Not started yet

5. Typical Jatropha Project: Mass Flow

6. Typical Jatropha Project: Energy Flow

7. Emission Reduction Emission reduction calculated on: Oil replacing diesel Solid biofuel replacing coal Mass flow Energy flow Emission reduction

8. Agenda Project and technical details World energy market – where does the project fit in? The CDM – where does the project fit in? Business Sense

9. World Energy Demand World Energy Demand 2030 Source: Exxon-Mobil

10. Power Demand Non-OECD OECD Source: Exxon-Mobil

11. World Energy Demand Source: Exxon-Mobil

12. Agenda Project and technical details World energy market – where does the project fit in? The CDM – where does the project fit in? Business Sense

13. Small scale methodologies Approved Biofuel Methodologies Large scale methodologies

14. Registered Biofuel Projects Registered solid biofuel projects

15. CDM Projects South Africa In South Africa:  14 registered projects  2 registered biomass projects Project Pipeline

16. CDM Projects Worldwide Projects with CERs issued

17. CDM Projects Worldwide Project Pipeline

18. Agenda Project and technical details World energy market – where does the project fit in? The CDM – where does the project fit in? Business Sense

19. Carbon Price Forecast The carbon price will be managed to stabilise the earths climate Source: European Union

20. Carbon Price Forecast The European Union modelled €20 per ton by 2012 and €44 by 2020 Source: European Union

21. Potential Project Revenues

22. Conclusion Do not overlook the significant opportunities in solid biofuels

23. Questions Robbie Louw robbie@promethium.co.za www.promethium.co.za Joslin Andrews joslin@promethium.co.za www.promethium.co.za