Day One Wednesday 29th November 2006
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| 08.30 | Registration and refreshments
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| 09.00 | Chairman’s welcome address
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| EXAMINING THE ECONOMICS OF BIOFUELS – THE NEW ENERGY INVESTMENT |
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| 09.10 | Keynote address: biofuels - investing wisely in accelerated development
- Global outlook of current and future biofuels demand and production
- What determines the success or failure of biofuels projects?
- Examining risks along the biofuels value chain
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| 09.40 | Demystifying global demand and production of biofuels
- Impact of international biofuels trade on traditional energy markets
- What drives the economics of biofuels markets?
- Quantifying the risk of selling an agricultural commodity in an energy market
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| | Olivier Abadie, Director of Downstream Oil, Cambridge Energy Research Associates
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| 10.10 | Oil major’s perspective on the role of biofuels in future energy growth
- Current consumption and future world energy growth projections
- Trends across the biofuels value chain – beyond short term price trends
- Forecasting impact of future oil prices on biofuels
- Barriers to the creation of a ‘true’ market
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| | Robert Gmyrek, Deputy Director Polish Technological Platform, PKN Orlen
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| 10.50 | Morning refreshments
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| CREATING COMPETITIVE BIOFUELS MARKETS – THE POLITICAL LANDSCAPE |
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| 11.20 | Examining biofuels subsidies and obligations across the European Union
- Contrasting support systems used by Member States for biofuels development
- Biofuels in EU energy and transport policies and progress of the EU Biofuels Directive
- Planning a long-term fiscal framework and carbon tax proposal
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| | Paul Hodson, Energy and Transport Directorate General, European Commission
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| 11.40 | Legislative update: providing an economically efficient measure for long term introduction of renewable fuels into the UK transport system
- Feasibility of promoting biofuels using the 'renewable transport fuel obligation' (RTFO)
- Optimising the design of the RTFO
- Requirements and implementation time lines
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| MITIGATING UPSTREAM RISKS OF FEEDSTOCK PRICE AND AVAILABILITY |
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| 12.00 | Target input price structure for the economics of biofuels to work
- Macro view of feedstock price structure
- Outlook of input growth and costs of supply
- Controllable cost structure scenario for feedstock
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| 12.30 | Networking lunch
Proudly hosted by:

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| 13.50 | Biofuels: putting the squeeze on feedstocks - linking the price of petrol to the price of bread
- Leveraging commodities for diversified exposure to alternative fuels
- Who will pay more - the oil industry or the food industry?
- Hedging your risks in volatile soft and agricultural markets
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| 14.10 | Food vs fuel – analysing the impact of the biofuels industry on food farming
- Analysing land use from a resources perspective
- Assessing the sustainability of current government subsidies
- Managing risks through total life cycle analysis, carbon balance and sustainability indicators
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| 14.30 | Panel discussion: exploring feedstock availability and price sustainability for biofuels production
- Securing the agricultural supply chain for biofuels production
- Financing agribusiness in developing countries
- Managing feedstock price risk – ‘tight’ supply and impact on production
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| | Karl Weinfurtner, First Vice President, DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH
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| 15.20 | Speed networking
 Exciting, revolutionary and fast. Speed networking is an effective and non-pressured way to meet fellow conference delegates, guaranteeing heightened networking for all participants. |
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| 16.00 | Afternoon refreshments
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| 16.30 | Examining the long term equilibrium price of ethanol
- Comparing competing income streams for feedstock producers
- Evaluating short and long term cost of production financial viability
- Government support required to sustain the global ethanol industry
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| 16.50 | Executive panel: economic drivers to support future infrastructure development
- Current global production outlook and market requirements
- Key sources of risk for producers and investors
- Examining international and local institutions as providers of finance
- Reviewing public policy and legislative regimes
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| | Graham Meeks, Head of Fuels and Heat, Renewable Energy Association
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| 17.40 | Chairman’s concluding remarks
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| 18.00 | Networking drinks reception
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Day Two Thursday 30th November 2006
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| 09.00 | Chairman’s opening remarks
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| ADAPTING SUCCESSFUL INVESTMENT STRATEGIES TO BIOFUELS |
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| 09.10 | Using biofuels to achieve diversification, returns and SRI
- Addressing SRI philosophies and ‘green’ trading markets
- Exploring the role of commodities in the portfolio
- How are finance and investment opportunities evolving in response to industry demand?
- Diversifying risk across markets, processes, technologies and management
- Establishing a portfolio of assets that can be securitised
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| 09.50 | Forecasting demand, supply capacity and potential disruptions to biofuels investments
- Understanding price discovery mechanisms and the advantages for suppliers and refiners
- How would the market react to regional shortages or over supply?
- Do international price trends impact North American ethanol markets?
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| 10.30 | Morning refreshments
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| PROVEN ROI IN FINANCING BIOFUELS INFRASTRUCTURE |
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| 11.10 | Risk mitigation factors in developing biofuels production facilities
- Classic sources of risk in early stage biofuels ventures
- Contrasting emerging vs established markets
- Trends in investor appetite for clean technology
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| | Tim Peara, Managing Director, Alternative Energy Finance
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| 11.30 | Winning deal structures for infrastructure development
- Emerging trends in biofuels finance and investment
- Traditional arrangements
- Investment criteria and exit strategies
- Assessing and allocating biofuels production risks
- Prospects for syndicated finance
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| 11.50 | Analysing the growth of equity in biofuels finance and investment globally
- Reviewing global trends private vs public financing
- Developments in biofuels derivatives, indices, ETFs and equities
- Analysing liquidity and trading volumes in various markets
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| 12.10 | Networking lunch
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| INTERNATIONAL OUTLOOK FOR BIOFUELS FINANCE AND INVESTMENT |
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| 13.30 | Defining a viable business model for commercial scale biodiesel production in developing nations
- Contrasting international biofuels markets
- Secure seed funding for commercial scale production
- Aggregation of the value chain to deliver cost-effective biofuels business models
- Prefeasibility study and promotion of a 230,000 acre site for a Jatropha plantation and biodiesel refinery in Kenya
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| 13.50 | Investing in biofuels infrastructure development in India
- Projections of market capacity for biofuels in India
- Overcoming the challenges of infrastructure development
- Keys to success of biofuels investment
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| | Vivek Tandon, Founder and General Partner, Aloe Private Equity
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| 14.10 | Finance and investment outlook for biofuels in Asian markets
- Current and planned production capacity in Asia
- Demand characteristics of the Asian market
- Comparative analysis on investing in biofuels vs other asset classes
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| 14.30 | Panel discussion: evaluating biofuels markets for targeted returns
- Risk profile and capital intensity of ethanol vs biodiesel producers
- Critical success factors for an investment portfolio
- Hedging your exposure to management risk
- Optimising ratio of debt to equity
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| | Henk Sa, Associate Director, EcoSecurities
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| 15.10 | Afternoon refreshments
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| INVESTING IN FUTURE BIOFUEL TECHNOLOGIES |
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| 15.40 | Panel discussion: future technologies in development and progress to commercialisation
- Identifying the right biofuels technologies for investment
- Current cost of production, future commercial promise and potential for returns
- Will they be cost competitive and when?
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| 16.20 | Panel discussion: examining technological developments of 2nd generation fuels
- Current advances and commercial potential for second generation technologies
- What is currently shaping the market and which generation will have a long-term sustainable future?
- Technological challenges and cost considerations
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| 17.00 | Chairman’s concluding remarks
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| 17.10 | Close of conference
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Pre-conference masterclass Tuesday 28th November 2006
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| Separately bookable |
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| Identifying viable biofuels finance and investment opportunities in developing nations |
As Brazil has demonstrated, biofuels offer a viable source of secure energy supply for developing nations. However, the rapid growth of investor interest has created the potential for sub-optimal investments in a high risk industry. This session will examine the unique experience of operating in developing nations. You will learn the core challenges of getting a viable production facility off the ground and how you can recognise a feasible business model that suits the local environment early in its development.
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| 08.30 | Registration and refreshments
Module 1: Evaluation framework for biofuel projects in developed and developing nations
- Overview of developed vs developing nation environments for biofuel
- Comparison of product scope, market definition and competitive advantage of biofuels business models
- Value chain analysis from crop to market and impact thereof on biofuel projects
- Risk management approaches – comparison of developed vs developing nation environments
- Summary - assessing pros and cons of business models
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| 12.30 | Lunch
Module 2: Challenges in transforming biofuel projects from concept to bankability in developing nations
- Managing the political and cultural environment
- Risk management throughout the value chain – specific requirements in developing nations
- Financial challenges from feasibility funding to project inception
- Industry and political perception – how to position projects to stakeholders
- Competing effectively in global commodities and energy markets
- Leveraging carbon credits to ensure cashflow
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| 17.00 | End of masterclass
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