Energy Infrastructure & Transition Overview
West Coast Renewable Fuels Projects
Developing infrastructure to secure renewable fuels
Market drivers
Renewable Diesel (RD) has been driven by California subsidies
RIN credits
Low Carbon Fuel Standard (LCFS) credits
Blender's Tax Credit
Currently averaging approximately $3.00/gal for total credits (RIN+LCFS+
Blender's tax credits)
State goals to reduce emissions
CARB has 2030 goal to reduce 1990-level GHG emissions by 40%
Oregon's Clean Transportation Fuel Standards program has aggressive
goals for reducing carbon emissions
Potential project highlights
Construction of new RD hubs in both Northern & Southern California
Approximately $90 million discretionary capex for all locations
Rail in renewable diesel / biodiesel
Segregated storage for renewable products
Opportunities to blend RD with both biodiesel & CARB diesel over the
truck rack - providing increased high-value optionality to customers
Each hub location currently scoped for 20 mbbld renewable capacity with
further expansion opportunities available
Serving the entire California diesel market
Biodiesel blend capabilities will increase from existing 5% limit to 20%
Note: RIN = Renewable Identification Numbers. CARB = California Air Resources Board.
Oakland
Chico
Bradshaw
North Line
San Jose
Nevada
California
Calnev
Los Angeles
Colton
San Diego
Line
West Line
Indio
KINDER MORGAN
Legend
Products Pipeline
Refined Product Terminals
Potential Renewable Diesel Sites
Transmix Facilities
Cities Towns
Arizona
New Mexico
East Line
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