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Natural GasOpportunities with Heavy Duty Vehicles
Andrew J. Littlefair, CEO
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Who is Clean Energy?
North America’s largest supplier of natural gas transportation fuel– Sell compressed and liquefied natural gas
(CNG and LNG)– Nearly 80 million gallons sold in 2008– 185+ fueling station in N. America– Over 50 station currently under
construction or development– 15,000 vehicles fueled daily– Fuel over 5,100 buses - 1,500 refuse trucks
and 500 heavy-duty trucks daily
Partnership Clean Energy del Peru
Founded in 1996 by T. Boone Pickens & Andrew J. Littlefair
Publically traded as CLNE on NASDAQ
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Clean Energy’s Role
Evaluate– Does NG make economic sense for your
business?– Provide information on all new products:
engines, trucks etc.
Services – “TURN-KEY”– Provide station engineering/design services– Proposal writing support– Write grants for NG trucks & stations
(Awarded over $150 million for NG projects)
– Vehicle & station financing available– NGV maintenance & certification training
Station partnerships– Provide 100% of capital for fueling station– Long-term bundled fuel rate below diesel
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Leadership in California Ports & Regional Trucking
Clean Energy built California’s first LNG plant– Uses North American natural gas– Producing 180,000 gallons/day– Expanding to 240,000 gallons/day soon
Largest LNG truck station in world
Supports clean alternative fuel truck goals in the Port of Los Angeles and Long Beach
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Key Drivers for Heavy-Duty Applications
Fuel cost savings– Abundance of natural gas – gas shale and how to extract gas– Rising cost of petroleum fuel – declining oil reserves coupled
with rising world demand
Government push for displacing petroleum− Proposed extending fuel tax credits
− Proposed doubling of vehicle tax credits
Emissions
Particulate emissions reductions – reduce cancer risks
Greenhouse gases and global warming
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An Ocean of Natural Gas in U.S.
22 major gas shale basins in the U.S.
Only a few have been significantly explored
Experiencing major growth from gas shale− Production 0.3 Tcf/year in 1998− Production 1.2 Tcf/year in 2007
Barnett Shale in Texas now producing 6% of nations gas
Growth in gas shale has created major investment in pipeline infrastructure to bring this gas to the market
U.S. Reserves now 2240 TCF = 118 years
How much Natural Gas is available in US?
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U.S. Oil vs. Natural Gas – Fuel Price Savings
Average ratio of crude oil to natural gas futures prices stands at 9.38 since 1990
Peaked at 25:1 ratio on August 21, 2009
Equates to fuel cost savings of $1+ per gallon
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Greenhouse Gas Emissions Greenhouse Gas Emissions (in grams CO2e/MJ)(in grams CO2e/MJ)
Greenhouse Gas Emissions Greenhouse Gas Emissions (in grams CO2e/MJ)(in grams CO2e/MJ)
Greenhouse Gas Emissions of Fuels
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Renewable Natural GasClean Energy’s Landfill Gas Processing Plant
Thermo Oxidizer Thermo Swing Adsorption Units
Compressor Engine Building
Sulfa Treat
Producing ~ 35,000 Gallons/day
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U.S. Natural Gas vs. Diesel – Fuel Savings
Refuse Truck Example Refuse truck using 10,000 gallons
diesel per year– Operates 260 days per year – 38 gallons/day
Fuel savings $1+ per gallon
CNG fuel savings = $10,000 per vehicle per year
With tax incentives – less than one year payback
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Clean Energy supports Heavy Duty Class 5-8 Trucks
Sterling, Kenworth, Peterbilt, Freightliner offer HD trucks
Volvo/Mack will bring NG refuse product to market in 2009/2010
Volvo/Mack developing 13L engine for Class 8 trucks
Discussions with International on natural gas product
All refuse truck manufacturers offer natural gas
All transit bus manufacturers offer natural gas
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Impact of Market Pull
All major refuse truck manufacturers in U.S. now offer CNG
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Clean Energy “Fast-fill” Stations
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Clean Energy “Time-fill” Stations
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Natural Gas Application in other Markets
• Truck and Bus markets candidates for natural gas
• World truck/bus manufacturers with NG experience include:−Volvo/Renault/Nissan Diesel/MACK
−Mercedes/Sterling/Freightliner/DDC
−PACCAR/DAF/Kenworth/Peterbilt
−IVECO
−Scania
−MAN
• All fleets with high fuel consumption a candidate
• Market demand will encourage vehicle production
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Conclusions
Heavy-duty natural gas engines and vehicles are available from world class manufacturers for many applications
Market pull will expand product offerings from manufacturers
Significant fuel savings to customers
Clean Energy’s business – Designing, building, owning, operating stations– AND selling fuel to customers at a price that allows
customers to achieve significant fuel cost savings
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For information on natural gas for any of your trucking or fleet needs, please contact:
Clean Energy del Peru SRLJose Antonio Rios Montagne
511-434-6270