Summit

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Summit 2008
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• Gulf Coast Energy, Inc. was awarded a Florida
  Farm to Fuel Grant in 2007.
• Thank you to
• State of Florida
• Farm to Fuel Program
• Commissioner Bronson

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Phase I operations

• Gulf Coast Energy, Inc. will construct and
  operate a 20 million gallon per year (mmgpy)
  nameplate capacity ethanol plant in tandem with a
  20 mmgpy bio-synthetic diesel plant and a 5 mmgpy
  of other bio-fuels.
• The plant will be located in Northwest Florida
  Pan handle in an Enterprise Zone.
• Phase I will provide approximately 60 direct jobs
  and many more indirect.

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Phase I operations

• GCE will utilize cellulosic process technology
  that will enable the company to maintain low raw
  material costs that do not utilize food crops.
  GCEs process is biomass Gasification/Fischer-Trop
  sch (GFT) and it will be employed for all product
  streams.

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GCE Process - GFT

• The GFT process will be employed for all product
  stream and we have designed each unit to be able
  to produce any product (through a change out of
  catalyst). This will allow GCE to respond easily
  to market demands.
• The planned configuration for Phase I can easily
  be reconfigured to produce any spectrum of fuels
  from wood waste, including the 3 fuels planned
  for Phase I, or any combination of
  bio-gasoline/bio-diesel/ethanol.

Other Bio-Fuels
GFT Unit 1
GFT Unit 2
GFT Unit 3
GFT Unit 4
GFT Unit 5
Other Bio-Fuels
GFT Unit 1
GFT Unit 2
GFT Unit 3
GFT Unit 4
Ethanol
GFT Unit 5
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GCE Process - GFT

• The GFT can also use a variety of feedstocks,
  depending on availability and economics. GCE has
  processed over 20 potential feedstocks in our
  pilot plant with great success. So, this lends
  to a great number of possible configurations for
  the facility.

GFT Unit 1
Ethanol
GFT Unit 2
GFT Unit 3
GFT Unit 4
GFT Unit 5
Other Bio-Fuels
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GCE Process - GFT

• GCE has successfully processed many feedstocks in
  our demonstration plant, including switchgrass,
  yard waste, tires, corn stover and many species
  of wood waste.

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GCE Process - GFT

• GCEs process has no designed vents, and the only
  emissions are fugitive emissions from pumps,
  valves, and the like.

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GCE Process - GFT

• GCE is in negotiation with several municipalities
  to receive their yard waste, that is currently
  being land-filled. We will use it to manufacture
  fuel to power the municipalitys vehicles.

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GCE Demonstration Plant

• GCEs Demonstration Plant is in operation at the
  headquarters in Livingston, Alabama

Dryer
Feedstock platform
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GCE Pilot Plant
Plant Control Room
Feedstock metering To gasifier
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GCE Pilot Plant
Reactor
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Phase I Operations

• The project is estimated to cost approximately
  90 million - including the Florida Farm to Fuel
  Grant that we received last year. This
  represents over 90 cost share by GCE.
• The facility will use about 300,000 green tons of
  Florida Biomass feedstock (initially wood waste)
  for annual nameplate capacity 45 million gallons
  of ethanol, biosynthetic diesel and other
  bio-fuels.
• There are off-take agreements in place to sell
  100 of our production in Phase I, and an
  agreement in principle for Phase II as well.

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Phase II operations

• In phase II GCE will expand to between 70 and 100
  mmgpy of production after the first few years of
  Phase I production, depending on feedstock
  availability.
• Again this specific make-up of the spectrum of
  fuels will be driven by market demands.
• After phase II expansion, the facility will use
  in excess of 500,000 green tons of Florida
  biomass feedstock annually.

Ethanol
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GCE future operations

• Florida is an extremely important part of Gulf
  Coast Energys business model, with several
  future sites already on our radar. With the
  State of Florida being the largest producer of
  biomass in the country, it is a natural.