The Final Renewable Volume Obligations for 2014-2016 Under the RFS: Are We Back on Track?

On November 30th, the U.S. Environmental Protection Agency (EPA) released the final renewable volume obligations (RVOs) under the Renewable Fuel Standard (RFS) for 2014-2016 (2017 for biodiesel). Prior to this, EPA had not released final RVOs since August 2013, causing significant market uncertainty and stymieing investment. EPA officials state these final 2014-2016 RVOs reflect a strong commitment to growing the U.S. renewable fuel industry, will leverage much needed investment, are in line with statutory requirements and get the RFS back on track.

Is that the case? Will these final RVOs create sufficient market demand for all biofuels and restore confidence among investors? What specific issues does EPA need to address in future RVOs and its implementation of the RFS to ensure robust market demand? At the same time, what are the emerging business models, market-based solutions and innovating financing mechanisms that the biofuel industry can adopt to help accelerate industry growth and restore confidence in the capital markets?
Join leaders from across the biofuel sector as they assess the way forward for the biofuel industry in the face of EPA’s final 2014-2016 RVOs, low oil prices, evolving market conditions and emerging opportunities.

Q & A Submission:
Q & A both on the teleconference and live at the host firm sites, will follow the speakers’ presentations. Please email questions to abaquestions@acore.org.

Call Times:
12:00 pm – 1:30 pm Eastern
11:00 am – 12:30 pm Central
10:00 am – 11:30 am Mountain
9:00 am – 10:30 am Pacific
8:00 am – 9:30 am Alaskan

Teleconference Chairs:
Sarah A.W. Fitts, Debevoise & Plimpton LLP
Roger D. Stark, Stark Energy Consulting LLC
Gene Gurevich, Securing America’s Future Energy
Matthew J. Frank, Murphy Desmond S.C.
Grant Rauscher, Debevoise & Plimpton LLP

Legislative Update:
Todd Foley, Senior Vice President, Strategy, Policy & Government Relations, Chief Strategy Officer, ACORE

Moderator:
Jeramy Shays, Director of Transportation, ACORE

Speakers:
Jacques Beaudry-Losique, Senior Vice President of Corporate and Business Development, Algenol
Jeff Passmore, Chief Executive Officer, Passmore Group
Karl Seck, President and CEO, Mercurius Biofuels
Douglas A. Durante, Executive Director, Clean Fuels Development Coalition

Strategies and Insights on Effective Renewable Energy Asset Management – Tools to Manage Accelerating Growth

The renewable energy industry has a lot to be excited about: between the multi-year extension of the production and investment tax credits (PTC/ITC) and the Paris agreement to reduce greenhouse gas emissions, good news abounds. As a result, we expect to see significant market growth and an expanding network of assets to manage. As the sector scales up, effective strategies and tools to manage this growing network of assets become even more important. However, companies are often hindered by increasing operations and maintenance costs, multiple systems for data and asset monitoring and settlement, and billing and reporting that are not integrated across the portfolio. All of this can lead to crunches at financial close and a risk of restatements, not to mention potential cyber threats.

This webinar will focus on concrete solutions for managing these real-world asset management challenges. Leaders from some of the largest renewable energy generation portfolio companies and service providers with gigawatts of assets under management will share their insights on effective strategies. The discussion will be targeted towards large portfolio operators looking to mature their capabilities, smaller portfolio operators looking to build asset management right the first time, and investors looking to define expectations for what good asset management should look like.

Q & A Submission:
Q & A both on the teleconference and live at the host firm sites, will follow the speakers’ presentations. Please email questions to abaquestions@acore.org.

Call Times:
12:00 pm – 1:30 pm Eastern
11:00 am – 12:30 pm Central
10:00 am – 11:30 am Mountain
9:00 am – 10:30 am Pacific
8:00 am – 9:30 am Alaskan

Teleconference Series Chairs:
Sarah A.W. Fitts, Debevoise & Plimpton LLP
Roger D. Stark, Stark Energy Consulting LLC
Gene Gurevich, Securing America’s Future Energy
Matthew J. Frank, Murphy Desmond S.C.
Grant Rauscher, Debevoise & Plimpton LLP

Moderator:
Chris McCloskey, Advisory Director, PwC

Speakers:
Richard A. Lammers, Vice President-Asset Management, First Solar
Mark McLanahan, CEO, Solarrus Corp.
Tim Naylor, Director – European Software, Envision Energy