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Commercial Development Strategy
GreatPoint Energy plans to build its bluegas™ facilities near coal mines and in the Alberta oil sands, where petroleum coke is a very low cost waste product and environmental liability sitting in large stockpiles. Biomass also represents a very attractive opportunity. GreatPoint Energy will gasify biomass in rural locations where it is available at low cost and transport the resulting natural gas by pipeline to power plants in high demand electricity markets. The electricity generated from this renewable feedstock will qualify in many states for renewable energy certificates, thus creating further incentives to develop a clean, CO2 reducing, and fungible end-product.
Partnering Strategy
Develop strategic relationships with investment grade partners who can enter into long term agreements:
- Feedstock suppliers
- Offtake partners
- Construction and operating partners
Siting Strategy
Focus on sites which can be readily permitted at or near:
- Feedstock supply (minemouth, Alberta oil sands)
- Interstate gas transportation networks
- CO2 sequestration regions (EOR) with access to other by-product markets (power, sulfur, ammonia)
- Available water supply
- Existing infrastructure to reduce capital cost
Project Execution Strategy
Minimize construction and operational risks:
- Standardized, extensively modularized plant designs
- Building extensive internal engineering and project management capabilities
- Sequential vs. parallel development
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