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From: "Phillip" <pstack@keitu.com>
To: <jwilson@aicenergycorp.com>, "'rgrimes'" <rgrimes@aicenergycorp.com>
Cc: "'John Melk @icloud'" <jmelk06@icloud.com>, <directory@aicenergycorp.com>
References: <000001d817a6$bb699b20$323cd160$@keitu.com> <BYAPR14MB2807588C4A002017DCB4E2AFF1269@BYAPR14MB2807.namprd14.prod.outlook.com> <001901d817b8$631d8550$29588ff0$@keitu.com> <BYAPR14MB280789DDF658C6F23DC728C9F1309@BYAPR14MB2807.namprd14.prod.outlook.com> <BYAPR14MB28072531728FC219E31B3305F1339@BYAPR14MB2807.namprd14.prod.outlook.com> <PH0PR14MB4277684FDF829250421878018E339@PH0PR14MB4277.namprd14.prod.outlook.com>
In-Reply-To: <PH0PR14MB4277684FDF829250421878018E339@PH0PR14MB4277.namprd14.prod.outlook.com>
Subject: RE: Response to ICF Questions
Date: Mon, 14 Feb 2022 10:06:49 -0600
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Hi Jennifer,

 

Kathye sent an initial response Keitu developed to help you answer Mark's
questions on Friday.  There are some issues with Mark's assumptions.

 

Please feel free to call if you have any questions.

 

Sincerely,

Phillip Stack

 

From: Cleri, Paul <Paul.Cleri@icf.com> 
Sent: Monday, February 14, 2022 9:19 AM
To: jwilson@aicenergycorp.com
Cc: Phillip <pstack@keitu.com>; jmelk06@icloud.com; Penshorn, Mark
<Mark.Penshorn@icf.com>
Subject: RE: Response to ICF Questions

 

Jennifer:

 

Let us know if your team would like to walk through this on a call

 

Paul

 

Paul D. Cleri, P.E. | Principal Consultant, Energy Markets, Technical
Advisory |+1.212.656.9214 |  <mailto:Paul.Cleri@icf.com> Paul.Cleri@icf.com
|  <http://www.icfi.com/> icf.com

 

From: Penshorn, Mark <Mark.Penshorn@icf.com <mailto:Mark.Penshorn@icf.com> >

Sent: Monday, February 14, 2022 10:17 AM
To: jwilson@aicenergycorp.com <mailto:jwilson@aicenergycorp.com> ;
jmelk06@icloud.com <mailto:jmelk06@icloud.com> 
Cc: Cleri, Paul <Paul.Cleri@icf.com <mailto:Paul.Cleri@icf.com> >; Phillip
<pstack@keitu.com <mailto:pstack@keitu.com> >
Subject: RE: Response to ICF Questions

 

Morning All -

 

I wanted to forward this on again and make sure it landed on the top of your
inbox for today.  Please let me know if you have any questions.

 

I hate putting math in an email.but here's an example:

 

Jet Fuel Production: Assume SOR @ 4,671 BPD at 80% of the time and 340 days
per year of operation

 

That's 4,671 BPD * 42 gal/barrel * 340 days/year * 80% jet fuel operations /
12 months = 4,446,792 gallons per month.  

 

That is less than the 4,502,184 gallons/month in Phil's table below.  The
calculation above also uses SOR conditions which only apply for a given % of
time and should therefore be lower.  

 

This is the reason Im looking for more details on the specifics of the
planned operation.

 

Thank you,

 






MARK PENSHORN, Lead Chemical Engineer

+1.303.728.6365 work
+1.720.771.7345 mobile 

 <https://www.icf.com/> icf.com  |
<https://www.linkedin.com/company/icf-international> LinkedIn

 

 

From: Penshorn, Mark 
Sent: Friday, February 11, 2022 10:25 AM
To: jwilson@aicenergycorp.com <mailto:jwilson@aicenergycorp.com> ;
jmelk06@icloud.com <mailto:jmelk06@icloud.com> 
Cc: Cleri, Paul <Paul.Cleri@icf.com <mailto:Paul.Cleri@icf.com> >; Phillip
<pstack@keitu.com <mailto:pstack@keitu.com> >
Subject: FW: Response to ICF Questions

 

Hi Jennifer and John,

 

The project has three different cases each with start-of-run (SOR) and
end-of-run (EOR) performance.  Phil has provided a monthly production figure
for naphtha, jet, and diesel (email below) and in a separate email
(attached) it has been concluded that this is from 100% soybean oil.

 

Given that this information is the basis for the financial model, it is
critical that we understand the basis for this estimate and that you (the
owners) do intend to operate the facility in the way that reaches the values
as stated by Phil.  In other words, we need to understand if you do, for
example, intend to only operate on 100% soybean oil, and what percentage of
time you intend to operate in each Case (100% diesel, 100% jet, and 50/50)
to achieve the monthly sales total shown in Phil's email.  This will flow to
how Phil calculates the average expected energy consumption for the project.

 

Here are the flows as expected in the HMB.  Please note that the HMB does
not always reflect how the operator intends to operate the facility.  We'd
like to understand from you how the HMB relates to the intended operational
targets.  

 

I hope this makes sense.  If we need a call to discuss this in more detail,
Im happy to fit that in as soon as possible.  That may be a good call to
have Herb on the phone to at least listen to the discussion.

 

Thank you,

 

Mark

 


Table XX: 

 

	

 

Case 1

 

Case 2

 

Case 3

 

 

	

 

SOR

EOR

SOR

EOR

SOR

EOR

 

	

Raw Soy Oil

6710

6710

6711

6711

6736

6736

 

	

Naphtha (BPD)

211

203

1178

1138

835

806

 

	

Jet (BPD)

0

0

4671

4513

2641

2549

 

	

Diesel (BPD)

6311

6090

0

0

2594

2503

 

	

Note 1: Certain SOR/EOR cases were not available at this time.  Production
of products at EOR is assumed to be 3.5% less than SOR values

 

	
		

 

 






MARK PENSHORN, Lead Chemical Engineer

+1.303.728.6365 work
+1.720.771.7345 mobile 

 <https://www.icf.com/> icf.com  |
<https://www.linkedin.com/company/icf-international> LinkedIn

 

 

From: Phillip <pstack@keitu.com <mailto:pstack@keitu.com> > 
Sent: Tuesday, February 1, 2022 4:10 PM
To: Penshorn, Mark <Mark.Penshorn@icf.com <mailto:Mark.Penshorn@icf.com> >
Cc: 'rgrimes' <rgrimes@aicenergycorp.com <mailto:rgrimes@aicenergycorp.com>
>; 'Kris Keller @Keitu' <kkeller@keitu.com <mailto:kkeller@keitu.com> >;
kspilman@keitu.com <mailto:kspilman@keitu.com> ; directory@aicenergycorp.com
<mailto:directory@aicenergycorp.com> ; Cleri, Paul <Paul.Cleri@icf.com
<mailto:Paul.Cleri@icf.com> >
Subject: RE: Response to ICF Questions

 

Looking further into the NG change, it does seem the yields were changed
slightly since the previous GREET model.  The following table should be the
current yields for sellable products.

 


Sellable Product

gal/month


Jet

     4,502,184


Diesel

      1,570,235 


Naphtha

      1,172,643

 

-PS

 

From: Penshorn, Mark <Mark.Penshorn@icf.com <mailto:Mark.Penshorn@icf.com> >

Sent: Tuesday, February 1, 2022 2:57 PM
To: Phillip <pstack@keitu.com <mailto:pstack@keitu.com> >
Cc: 'rgrimes' <rgrimes@aicenergycorp.com <mailto:rgrimes@aicenergycorp.com>
>; 'Kris Keller @Keitu' <kkeller@keitu.com <mailto:kkeller@keitu.com> >;
kspilman@keitu.com <mailto:kspilman@keitu.com> ; directory@aicenergycorp.com
<mailto:directory@aicenergycorp.com> ; Cleri, Paul <Paul.Cleri@icf.com
<mailto:Paul.Cleri@icf.com> >
Subject: RE: Response to ICF Questions

 

Those were some very significant reductions in NG and electricity usage from
the previous GREET model.  Can you provide some color?

 

Thanks,

 






MARK PENSHORN, Lead Chemical Engineer

+1.303.728.6365 work
+1.720.771.7345 mobile 

 <https://www.icf.com/> icf.com  |
<https://www.linkedin.com/company/icf-international> LinkedIn

 

 

From: Phillip <pstack@keitu.com <mailto:pstack@keitu.com> > 
Sent: Tuesday, February 1, 2022 2:03 PM
To: Penshorn, Mark <Mark.Penshorn@icf.com <mailto:Mark.Penshorn@icf.com> >
Cc: 'rgrimes' <rgrimes@aicenergycorp.com <mailto:rgrimes@aicenergycorp.com>
>; 'Kris Keller @Keitu' <kkeller@keitu.com <mailto:kkeller@keitu.com> >;
kspilman@keitu.com <mailto:kspilman@keitu.com> ; directory@aicenergycorp.com
<mailto:directory@aicenergycorp.com> 
Subject: Response to ICF Questions

 

Good Afternoon Mark,

 

I believe the attached Excel file should provide you with the basis for the
natural gas and electricity numbers and the composition of Stream 7600 (the
non-NG stream entering the SMR's burner).  The numbers in gold and
efficiency numbers are an estimates.

 

The flare is included as part of the miscellaneous number.

 

Note: The electricity numbers in the GREET 3.0 model you received contained
an error.  Please use the numbers in the attached file for your
calculations.  (I have corrected the error in my financial model.)

 

Please feel free to reach out with any questions.

 

Sincerely,

 

Phillip T. Stack

Staff Engineer (Cost)

 



1403 27th St NW

PO Box 98

Mandan ND 58554

(701) 667-1800 

 

 


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</o:shapelayout></xml><![endif]--></head><body lang=3DEN-US =
link=3D"#0563C1" vlink=3D"#954F72" style=3D'word-wrap:break-word'><div =
class=3DWordSection1><p class=3DMsoNormal>Hi Jennifer,<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Kathye sent =
an initial response Keitu developed to help you answer Mark&#8217;s =
questions on Friday.&nbsp; There are some issues with Mark&#8217;s =
assumptions.<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Please feel free to call if you have any =
questions.<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Sincerely,<o:p></o:p></p><p class=3DMsoNormal>Phillip =
Stack<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Cleri, Paul =
&lt;Paul.Cleri@icf.com&gt; <br><b>Sent:</b> Monday, February 14, 2022 =
9:19 AM<br><b>To:</b> jwilson@aicenergycorp.com<br><b>Cc:</b> Phillip =
&lt;pstack@keitu.com&gt;; jmelk06@icloud.com; Penshorn, Mark =
&lt;Mark.Penshorn@icf.com&gt;<br><b>Subject:</b> RE: Response to ICF =
Questions<o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Jennifer:<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Let us know =
if your team would like to walk through this on a call<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:2.25pt;margin-right:0in;margin-bottom:2.25pt;=
margin-left:0in'><span =
style=3D'color:black'>Paul<o:p></o:p></span></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:2.25pt;margin-right:0in;margin-bottom:2.25pt;=
margin-left:0in'><span =
style=3D'color:black'><o:p>&nbsp;</o:p></span></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:2.25pt;margin-right:0in;margin-bottom:2.25pt;=
margin-left:0in'><b><span =
style=3D'font-family:"Cambria",serif;color:black'>Paul D. Cleri, =
P.E.</span></b><span =
style=3D'font-size:9.0pt;font-family:"Cambria",serif;color:black'>&nbsp;|=
 Principal Consultant, Energy Markets, Technical Advisory </span><span =
style=3D'font-size:9.0pt;font-family:"Cambria",serif'>|+1.212.656.9214<sp=
an style=3D'color:black'> | </span></span><a =
href=3D"mailto:Paul.Cleri@icf.com"><span =
style=3D'font-size:9.0pt;font-family:"Cambria",serif'>Paul.Cleri@icf.com<=
/span></a><span =
style=3D'font-size:9.0pt;font-family:"Cambria",serif;color:black'> =
|&nbsp;</span><a href=3D"http://www.icfi.com/"><span =
style=3D'font-size:9.0pt;font-family:"Cambria",serif;color:#2E74B5'>icf.c=
om</span></a><o:p></o:p></p></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Penshorn, Mark &lt;<a =
href=3D"mailto:Mark.Penshorn@icf.com">Mark.Penshorn@icf.com</a>&gt; =
<br><b>Sent:</b> Monday, February 14, 2022 10:17 AM<br><b>To:</b> <a =
href=3D"mailto:jwilson@aicenergycorp.com">jwilson@aicenergycorp.com</a>; =
<a =
href=3D"mailto:jmelk06@icloud.com">jmelk06@icloud.com</a><br><b>Cc:</b> =
Cleri, Paul &lt;<a =
href=3D"mailto:Paul.Cleri@icf.com">Paul.Cleri@icf.com</a>&gt;; Phillip =
&lt;<a =
href=3D"mailto:pstack@keitu.com">pstack@keitu.com</a>&gt;<br><b>Subject:<=
/b> RE: Response to ICF Questions<o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Morning All =
&#8211;<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>I wanted to forward this on again and make sure it =
landed on the top of your inbox for today.&nbsp; Please let me know if =
you have any questions.<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>I hate =
putting math in an email&#8230;but here&#8217;s an =
example:<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Jet Fuel Production: Assume SOR @ 4,671 BPD at 80% of =
the time and 340 days per year of operation<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>That&#8217;s =
4,671 BPD * 42 gal/barrel * 340 days/year * 80% jet fuel operations / 12 =
months =3D 4,446,792 gallons per month.&nbsp; <o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>That is less =
than the 4,502,184 gallons/month in Phil&#8217;s table below.&nbsp; The =
calculation above also uses SOR conditions which only apply for a given =
% of time and should therefore be lower.&nbsp; <o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>This is the =
reason Im looking for more details on the specifics of the planned =
operation.<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Thank you,<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><table =
class=3DMsoNormalTable border=3D0 cellspacing=3D0 cellpadding=3D0 =
width=3D641 style=3D'width:480.75pt;border-collapse:collapse'><tr =
style=3D'height:53.55pt'><td width=3D66 valign=3Dtop =
style=3D'width:49.85pt;padding:0in .7pt 0in .7pt;height:53.55pt'><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt'><br><img border=3D0 =
width=3D57 height=3D57 style=3D'width:.5937in;height:.5937in' =
id=3D"Picture_x0020_4" src=3D"cid:image004.jpg@01D8218A.94A73860" =
alt=3D"A picture containing object, clock&#10;&#10;Description =
automatically generated"><o:p></o:p></span></p></td><td width=3D575 =
valign=3Dtop style=3D'width:430.9pt;padding:0in .7pt 0in =
.7pt;height:53.55pt'><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:6.0pt;margin-right:.1in;margin-bottom:0in;mar=
gin-left:.1in;margin-bottom:.0001pt;line-height:150%;text-autospace:none'=
><span style=3D'font-size:9.0pt;line-height:150%'><br></span><b><span =
style=3D'font-size:9.0pt;line-height:150%;font-family:"Arial",sans-serif'=
>MARK PENSHORN, <span style=3D'color:black'>Lead Chemical =
Engineer<o:p></o:p></span></span></b></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:6.0pt;margin-right:.1in;margin-bottom:0in;mar=
gin-left:.1in;margin-bottom:.0001pt;line-height:150%;text-autospace:none'=
><b><span =
style=3D'font-size:9.0pt;line-height:150%;font-family:"Arial",sans-serif;=
color:black'>+1.303.728.6365 work<br>+1.720.771.7345 mobile =
</span></b><b><span =
style=3D'font-size:9.0pt;line-height:150%;font-family:"Arial",sans-serif'=
><o:p></o:p></span></b></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:2.25pt;margin-right:.1in;margin-bottom:12.0pt=
;margin-left:.1in'><a href=3D"https://www.icf.com/"><b><span =
style=3D'font-size:9.0pt;font-family:"Arial",sans-serif;color:gray'>icf.c=
om </span></b></a><b><span =
style=3D'font-size:9.0pt;font-family:"Arial",sans-serif'>&nbsp;<span =
style=3D'color:#BFBFBF'>|</span>&nbsp; </span></b><a =
href=3D"https://www.linkedin.com/company/icf-international"><b><span =
style=3D'font-size:9.0pt;font-family:"Arial",sans-serif;color:gray'>Linke=
dIn</span></b></a><u><span =
style=3D'font-size:12.0pt;color:gray'><o:p></o:p></span></u></p></td></tr=
></table><p class=3DMsoNormal><o:p>&nbsp;</o:p></p></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Penshorn, Mark =
<br><b>Sent:</b> Friday, February 11, 2022 10:25 AM<br><b>To:</b> <a =
href=3D"mailto:jwilson@aicenergycorp.com">jwilson@aicenergycorp.com</a>; =
<a =
href=3D"mailto:jmelk06@icloud.com">jmelk06@icloud.com</a><br><b>Cc:</b> =
Cleri, Paul &lt;<a =
href=3D"mailto:Paul.Cleri@icf.com">Paul.Cleri@icf.com</a>&gt;; Phillip =
&lt;<a =
href=3D"mailto:pstack@keitu.com">pstack@keitu.com</a>&gt;<br><b>Subject:<=
/b> FW: Response to ICF Questions<o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Hi Jennifer =
and John,<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>The project has three different cases each with =
start-of-run (SOR) and end-of-run (EOR) performance.&nbsp; Phil has =
provided a monthly production figure for naphtha, jet, and diesel (email =
below) and in a separate email (attached) it has been concluded that =
this is from 100% soybean oil.<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Given that =
this information is the basis for the financial model, it is critical =
that we understand the basis for this estimate and that you (the owners) =
do intend to operate the facility in the way that reaches the values as =
stated by Phil.&nbsp; In other words, we need to understand if you do, =
for example, intend to only operate on 100% soybean oil, and what =
percentage of time you intend to operate in each Case (100% diesel, 100% =
jet, and 50/50) to achieve the monthly sales total shown in Phil&#8217;s =
email.&nbsp; This will flow to how Phil calculates the average expected =
energy consumption for the project.<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Here are the =
flows as expected in the HMB.&nbsp; Please note that the HMB does not =
always reflect how the operator intends to operate the facility.&nbsp; =
We&#8217;d like to understand from you how the HMB relates to the =
intended operational targets.&nbsp; <o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>I hope this =
makes sense.&nbsp; If we need a call to discuss this in more detail, Im =
happy to fit that in as soon as possible.&nbsp; That may be a good call =
to have Herb on the phone to at least listen to the =
discussion.<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Thank you,<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Mark<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><table class=3DMsoNormalTable =
border=3D0 cellspacing=3D0 cellpadding=3D0 width=3D500 =
style=3D'width:374.85pt;margin-left:.1pt;border-collapse:collapse'><tr =
style=3D'height:15.75pt'><td width=3D499 nowrap colspan=3D7 =
valign=3Dbottom style=3D'width:374.05pt;border:solid windowtext =
1.0pt;border-right:solid black 1.0pt;padding:0in 5.4pt 0in =
5.4pt;height:15.75pt'><p class=3DMsoNormal align=3Dcenter =
style=3D'text-align:center'><span style=3D'color:black'>Table XX: =
<o:p></o:p></span></p></td><td width=3D1 =
style=3D'width:.75pt;padding:0in 0in 0in 0in;height:15.75pt'><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></td><td width=3D0 =
style=3D'width:.3pt;padding:0in 0in 0in =
0in;height:15.75pt'></td></tr><tr style=3D'height:15.0pt'><td =
width=3D149 nowrap valign=3Dbottom style=3D'width:111.75pt;border:solid =
windowtext 1.0pt;border-top:none;padding:0in 5.4pt 0in =
5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>&nbsp;<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>Case 1<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>&nbsp;<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>Case 2<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>&nbsp;<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>Case 3<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.5pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>&nbsp;<o:p></o:p></span></p></td><td width=3D1 =
style=3D'width:.75pt;padding:0in 0in 0in 0in;height:15.0pt'><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></td><td width=3D0 =
style=3D'width:.3pt;padding:0in 0in 0in 0in;height:15.0pt'></td></tr><tr =
style=3D'height:15.0pt'><td width=3D149 nowrap valign=3Dbottom =
style=3D'width:111.75pt;border:solid windowtext =
1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p =
class=3DMsoNormal><span =
style=3D'color:black'>&nbsp;<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>SOR<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>EOR<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>SOR<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>EOR<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>SOR<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.5pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>EOR<o:p></o:p></span></p></td><td width=3D1 =
style=3D'width:.75pt;padding:0in 0in 0in 0in;height:15.0pt'><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></td><td width=3D0 =
style=3D'width:.3pt;padding:0in 0in 0in 0in;height:15.0pt'></td></tr><tr =
style=3D'height:15.0pt'><td width=3D149 nowrap valign=3Dbottom =
style=3D'width:111.75pt;border:solid windowtext =
1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p =
class=3DMsoNormal><span style=3D'color:black'>Raw Soy =
Oil<o:p></o:p></span></p></td><td width=3D66 nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>6710<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>6710<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>6711<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>6711<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>6736<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.5pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>6736<o:p></o:p></span></p></td><td width=3D1 =
style=3D'width:.75pt;padding:0in 0in 0in 0in;height:15.0pt'><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></td><td width=3D0 =
style=3D'width:.3pt;padding:0in 0in 0in 0in;height:15.0pt'></td></tr><tr =
style=3D'height:15.0pt'><td width=3D149 nowrap valign=3Dbottom =
style=3D'width:111.75pt;border:solid windowtext =
1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p =
class=3DMsoNormal><span style=3D'color:black'>Naphtha =
(BPD)<o:p></o:p></span></p></td><td width=3D66 nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>211<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>203<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>1178<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>1138<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>835<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.5pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>806<o:p></o:p></span></p></td><td width=3D1 =
style=3D'width:.75pt;padding:0in 0in 0in 0in;height:15.0pt'><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></td><td width=3D0 =
style=3D'width:.3pt;padding:0in 0in 0in 0in;height:15.0pt'></td></tr><tr =
style=3D'height:15.0pt'><td width=3D149 nowrap valign=3Dbottom =
style=3D'width:111.75pt;border:solid windowtext =
1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p =
class=3DMsoNormal><span style=3D'color:black'>Jet =
(BPD)<o:p></o:p></span></p></td><td width=3D66 nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>0<o:p></o:p></span></p></td><td width=3D51 nowrap =
valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>0<o:p></o:p></span></p></td><td width=3D66 nowrap =
valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>4671<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>4513<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>2641<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.5pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>2549<o:p></o:p></span></p></td><td width=3D1 =
style=3D'width:.75pt;padding:0in 0in 0in 0in;height:15.0pt'><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></td><td width=3D0 =
style=3D'width:.3pt;padding:0in 0in 0in 0in;height:15.0pt'></td></tr><tr =
style=3D'height:15.0pt'><td width=3D149 nowrap valign=3Dbottom =
style=3D'width:111.75pt;border:solid windowtext =
1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p =
class=3DMsoNormal><span style=3D'color:black'>Diesel =
(BPD)<o:p></o:p></span></p></td><td width=3D66 nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>6311<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>6090<o:p></o:p></span></p></td><td width=3D66 =
nowrap valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>0<o:p></o:p></span></p></td><td width=3D51 nowrap =
valign=3Dbottom =
style=3D'width:38.1pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>0<o:p></o:p></span></p></td><td width=3D66 nowrap =
valign=3Dbottom =
style=3D'width:49.2pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>2594<o:p></o:p></span></p></td><td width=3D51 =
nowrap valign=3Dbottom =
style=3D'width:38.5pt;border-top:none;border-left:none;border-bottom:soli=
d windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0in 5.4pt =
0in 5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dright =
style=3D'text-align:right'><span =
style=3D'color:black'>2503<o:p></o:p></span></p></td><td width=3D1 =
style=3D'width:.75pt;padding:0in 0in 0in 0in;height:15.0pt'><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></td><td width=3D0 =
style=3D'width:.3pt;padding:0in 0in 0in 0in;height:15.0pt'></td></tr><tr =
style=3D'height:15.0pt'><td width=3D499 colspan=3D7 rowspan=3D2 =
valign=3Dbottom =
style=3D'width:374.05pt;border-top:none;border-left:solid windowtext =
1.0pt;border-bottom:solid black 1.0pt;border-right:solid black =
1.0pt;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p =
class=3DMsoNormal><span style=3D'color:black'>Note 1: Certain SOR/EOR =
cases were not available at this time.&nbsp; Production of products at =
EOR is assumed to be 3.5% less than SOR =
values<o:p></o:p></span></p></td><td width=3D1 =
style=3D'width:.75pt;padding:0in 0in 0in 0in;height:15.0pt'><p =
class=3DMsoNormal>&nbsp;<o:p></o:p></p></td><td width=3D0 =
style=3D'width:.3pt;padding:0in 0in 0in 0in;height:15.0pt'></td></tr><tr =
style=3D'height:15.75pt'><td width=3D1 nowrap valign=3Dbottom =
style=3D'width:.8pt;padding:0in 5.4pt 0in 5.4pt;height:15.75pt'></td><td =
width=3D0 style=3D'width:.3pt;padding:0in 0in 0in =
0in;height:15.75pt'></td></tr></table><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><table =
class=3DMsoNormalTable border=3D0 cellspacing=3D0 cellpadding=3D0 =
width=3D641 style=3D'width:480.75pt;border-collapse:collapse'><tr =
style=3D'height:53.55pt'><td width=3D66 valign=3Dtop =
style=3D'width:49.85pt;padding:0in .7pt 0in .7pt;height:53.55pt'><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt'><br><img border=3D0 =
width=3D57 height=3D57 style=3D'width:.5937in;height:.5937in' =
id=3D"Picture_x0020_3" src=3D"cid:image005.jpg@01D8218A.94A73860" =
alt=3D"A picture containing object, clock&#10;&#10;Description =
automatically generated"><o:p></o:p></span></p></td><td width=3D575 =
valign=3Dtop style=3D'width:430.9pt;padding:0in .7pt 0in =
.7pt;height:53.55pt'><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:6.0pt;margin-right:.1in;margin-bottom:0in;mar=
gin-left:.1in;margin-bottom:.0001pt;line-height:150%;text-autospace:none'=
><span style=3D'font-size:9.0pt;line-height:150%'><br></span><b><span =
style=3D'font-size:9.0pt;line-height:150%;font-family:"Arial",sans-serif'=
>MARK PENSHORN, <span style=3D'color:black'>Lead Chemical =
Engineer<o:p></o:p></span></span></b></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:6.0pt;margin-right:.1in;margin-bottom:0in;mar=
gin-left:.1in;margin-bottom:.0001pt;line-height:150%;text-autospace:none'=
><b><span =
style=3D'font-size:9.0pt;line-height:150%;font-family:"Arial",sans-serif;=
color:black'>+1.303.728.6365 work<br>+1.720.771.7345 mobile =
</span></b><b><span =
style=3D'font-size:9.0pt;line-height:150%;font-family:"Arial",sans-serif'=
><o:p></o:p></span></b></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:2.25pt;margin-right:.1in;margin-bottom:12.0pt=
;margin-left:.1in'><a href=3D"https://www.icf.com/"><b><span =
style=3D'font-size:9.0pt;font-family:"Arial",sans-serif;color:gray'>icf.c=
om </span></b></a><b><span =
style=3D'font-size:9.0pt;font-family:"Arial",sans-serif'>&nbsp;<span =
style=3D'color:#BFBFBF'>|</span>&nbsp; </span></b><a =
href=3D"https://www.linkedin.com/company/icf-international"><b><span =
style=3D'font-size:9.0pt;font-family:"Arial",sans-serif;color:gray'>Linke=
dIn</span></b></a><u><span =
style=3D'font-size:12.0pt;color:gray'><o:p></o:p></span></u></p></td></tr=
></table><p class=3DMsoNormal><o:p>&nbsp;</o:p></p></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Phillip &lt;<a =
href=3D"mailto:pstack@keitu.com">pstack@keitu.com</a>&gt; =
<br><b>Sent:</b> Tuesday, February 1, 2022 4:10 PM<br><b>To:</b> =
Penshorn, Mark &lt;<a =
href=3D"mailto:Mark.Penshorn@icf.com">Mark.Penshorn@icf.com</a>&gt;<br><b=
>Cc:</b> 'rgrimes' &lt;<a =
href=3D"mailto:rgrimes@aicenergycorp.com">rgrimes@aicenergycorp.com</a>&g=
t;; 'Kris Keller @Keitu' &lt;<a =
href=3D"mailto:kkeller@keitu.com">kkeller@keitu.com</a>&gt;; <a =
href=3D"mailto:kspilman@keitu.com">kspilman@keitu.com</a>; <a =
href=3D"mailto:directory@aicenergycorp.com">directory@aicenergycorp.com</=
a>; Cleri, Paul &lt;<a =
href=3D"mailto:Paul.Cleri@icf.com">Paul.Cleri@icf.com</a>&gt;<br><b>Subje=
ct:</b> RE: Response to ICF Questions<o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Looking =
further into the NG change, it does seem the yields were changed =
slightly since the previous GREET model.&nbsp; The following table =
should be the current yields for sellable products.<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><table class=3DMsoNormalTable =
border=3D0 cellspacing=3D0 cellpadding=3D0 width=3D218 =
style=3D'width:163.75pt;margin-left:-.15pt;border-collapse:collapse'><tr =
style=3D'height:15.0pt'><td width=3D121 nowrap valign=3Dbottom =
style=3D'width:90.9pt;border:solid windowtext =
1.0pt;border-right:none;background:#D9D9D9;padding:0in 5.4pt 0in =
5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dcenter =
style=3D'text-align:center'><b><span style=3D'color:black'>Sellable =
Product<o:p></o:p></span></b></p></td><td width=3D97 nowrap =
valign=3Dbottom style=3D'width:72.85pt;border:solid windowtext =
1.0pt;border-left:none;background:#D9D9D9;padding:0in 5.4pt 0in =
5.4pt;height:15.0pt'><p class=3DMsoNormal align=3Dcenter =
style=3D'text-align:center'><b><span =
style=3D'color:black'>gal/month<o:p></o:p></span></b></p></td></tr><tr =
style=3D'height:15.0pt'><td width=3D121 nowrap valign=3Dbottom =
style=3D'width:90.9pt;border:none;border-left:solid windowtext =
1.0pt;background:white;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p =
class=3DMsoNormal><span =
style=3D'color:black'>Jet<o:p></o:p></span></p></td><td width=3D97 =
nowrap valign=3Dbottom =
style=3D'width:72.85pt;border:none;border-right:solid windowtext =
1.0pt;background:white;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p =
class=3DMsoNormal><span =
style=3D'color:black'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,502,184<o:p></o:p><=
/span></p></td></tr><tr style=3D'height:15.0pt'><td width=3D121 nowrap =
valign=3Dbottom style=3D'width:90.9pt;border:none;border-left:solid =
windowtext 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in =
5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>Diesel<o:p></o:p></span></p></td><td width=3D97 =
nowrap valign=3Dbottom =
style=3D'width:72.85pt;border:none;border-right:solid windowtext =
1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p =
class=3DMsoNormal><span =
style=3D'color:black'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,570,235 =
<o:p></o:p></span></p></td></tr><tr style=3D'height:15.0pt'><td =
width=3D121 nowrap valign=3Dbottom =
style=3D'width:90.9pt;border-top:none;border-left:solid windowtext =
1.0pt;border-bottom:solid windowtext =
1.0pt;border-right:none;background:white;padding:0in 5.4pt 0in =
5.4pt;height:15.0pt'><p class=3DMsoNormal><span =
style=3D'color:black'>Naphtha<o:p></o:p></span></p></td><td width=3D97 =
nowrap valign=3Dbottom =
style=3D'width:72.85pt;border-top:none;border-left:none;border-bottom:sol=
id windowtext 1.0pt;border-right:solid windowtext =
1.0pt;background:white;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p =
class=3DMsoNormal><span style=3D'color:black'>&nbsp;&nbsp;&nbsp; =
&nbsp;&nbsp;1,172,643<o:p></o:p></span></p></td></tr></table><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>-PS<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Penshorn, Mark &lt;<a =
href=3D"mailto:Mark.Penshorn@icf.com">Mark.Penshorn@icf.com</a>&gt; =
<br><b>Sent:</b> Tuesday, February 1, 2022 2:57 PM<br><b>To:</b> Phillip =
&lt;<a =
href=3D"mailto:pstack@keitu.com">pstack@keitu.com</a>&gt;<br><b>Cc:</b> =
'rgrimes' &lt;<a =
href=3D"mailto:rgrimes@aicenergycorp.com">rgrimes@aicenergycorp.com</a>&g=
t;; 'Kris Keller @Keitu' &lt;<a =
href=3D"mailto:kkeller@keitu.com">kkeller@keitu.com</a>&gt;; <a =
href=3D"mailto:kspilman@keitu.com">kspilman@keitu.com</a>; <a =
href=3D"mailto:directory@aicenergycorp.com">directory@aicenergycorp.com</=
a>; Cleri, Paul &lt;<a =
href=3D"mailto:Paul.Cleri@icf.com">Paul.Cleri@icf.com</a>&gt;<br><b>Subje=
ct:</b> RE: Response to ICF Questions<o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Those were =
some very significant reductions in NG and electricity usage from the =
previous GREET model.&nbsp; Can you provide some color?<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Thanks,<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><table =
class=3DMsoNormalTable border=3D0 cellspacing=3D0 cellpadding=3D0 =
width=3D641 style=3D'width:480.75pt;border-collapse:collapse'><tr =
style=3D'height:53.55pt'><td width=3D66 valign=3Dtop =
style=3D'width:49.85pt;padding:0in .7pt 0in .7pt;height:53.55pt'><p =
class=3DMsoNormal><span style=3D'font-size:12.0pt'><br><img border=3D0 =
width=3D57 height=3D57 style=3D'width:.5937in;height:.5937in' =
id=3D"Picture_x0020_1" src=3D"cid:image006.jpg@01D82188.934633B0" =
alt=3D"A picture containing object, clock&#10;&#10;Description =
automatically generated"><o:p></o:p></span></p></td><td width=3D575 =
valign=3Dtop style=3D'width:430.9pt;padding:0in .7pt 0in =
.7pt;height:53.55pt'><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:6.0pt;margin-right:.1in;margin-bottom:0in;mar=
gin-left:.1in;margin-bottom:.0001pt;line-height:150%;text-autospace:none'=
><span style=3D'font-size:9.0pt;line-height:150%'><br></span><b><span =
style=3D'font-size:9.0pt;line-height:150%;font-family:"Arial",sans-serif'=
>MARK PENSHORN, <span style=3D'color:black'>Lead Chemical =
Engineer<o:p></o:p></span></span></b></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:6.0pt;margin-right:.1in;margin-bottom:0in;mar=
gin-left:.1in;margin-bottom:.0001pt;line-height:150%;text-autospace:none'=
><b><span =
style=3D'font-size:9.0pt;line-height:150%;font-family:"Arial",sans-serif;=
color:black'>+1.303.728.6365 work<br>+1.720.771.7345 mobile =
</span></b><b><span =
style=3D'font-size:9.0pt;line-height:150%;font-family:"Arial",sans-serif'=
><o:p></o:p></span></b></p><p class=3DMsoNormal =
style=3D'mso-margin-top-alt:2.25pt;margin-right:.1in;margin-bottom:12.0pt=
;margin-left:.1in'><a href=3D"https://www.icf.com/"><b><span =
style=3D'font-size:9.0pt;font-family:"Arial",sans-serif;color:gray'>icf.c=
om </span></b></a><b><span =
style=3D'font-size:9.0pt;font-family:"Arial",sans-serif'>&nbsp;<span =
style=3D'color:#BFBFBF'>|</span>&nbsp; </span></b><a =
href=3D"https://www.linkedin.com/company/icf-international"><b><span =
style=3D'font-size:9.0pt;font-family:"Arial",sans-serif;color:gray'>Linke=
dIn</span></b></a><u><span =
style=3D'font-size:12.0pt;color:gray'><o:p></o:p></span></u></p></td></tr=
></table><p class=3DMsoNormal><o:p>&nbsp;</o:p></p></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><div><div =
style=3D'border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in =
0in 0in'><p class=3DMsoNormal><b>From:</b> Phillip &lt;<a =
href=3D"mailto:pstack@keitu.com">pstack@keitu.com</a>&gt; =
<br><b>Sent:</b> Tuesday, February 1, 2022 2:03 PM<br><b>To:</b> =
Penshorn, Mark &lt;<a =
href=3D"mailto:Mark.Penshorn@icf.com">Mark.Penshorn@icf.com</a>&gt;<br><b=
>Cc:</b> 'rgrimes' &lt;<a =
href=3D"mailto:rgrimes@aicenergycorp.com">rgrimes@aicenergycorp.com</a>&g=
t;; 'Kris Keller @Keitu' &lt;<a =
href=3D"mailto:kkeller@keitu.com">kkeller@keitu.com</a>&gt;; <a =
href=3D"mailto:kspilman@keitu.com">kspilman@keitu.com</a>; <a =
href=3D"mailto:directory@aicenergycorp.com">directory@aicenergycorp.com</=
a><br><b>Subject:</b> Response to ICF =
Questions<o:p></o:p></p></div></div><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Good =
Afternoon Mark,<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>I believe =
the attached Excel file should provide you with the basis for the =
natural gas and electricity numbers and the composition of Stream 7600 =
(the non-NG stream entering the SMR&#8217;s burner). &nbsp;The numbers =
in gold and efficiency numbers are an estimates.<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>The flare is =
included as part of the miscellaneous number.<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal>Note: The =
electricity numbers in the GREET 3.0 model you received contained an =
error.&nbsp; Please use the numbers in the attached file for your =
calculations.&nbsp; (I have corrected the error in my financial =
model.)<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Please feel free to reach out with any =
questions.<o:p></o:p></p><p class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal>Sincerely,<o:p></o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p class=3DMsoNormal><b><span =
style=3D'font-family:"Cambria",serif'>Phillip T. =
Stack<o:p></o:p></span></b></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cambria",serif'>Staff Engineer =
(Cost)<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cambria",serif'><o:p>&nbsp;</o:p></span></p><p =
class=3DMsoNormal><img border=3D0 width=3D247 height=3D58 =
style=3D'width:2.5729in;height:.6041in' id=3D"Picture_x0020_2" =
src=3D"cid:image007.jpg@01D82188.934633B0" alt=3D"KECI 3-color Logo =
08.jpg"><o:p></o:p></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cambria",serif'>1403 27th St =
NW<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cambria",serif'>PO Box 98<o:p></o:p></span></p><p =
class=3DMsoNormal><span style=3D'font-family:"Cambria",serif'>Mandan ND =
58554<o:p></o:p></span></p><p class=3DMsoNormal><span =
style=3D'font-family:"Cambria",serif'>(701) =
667-1800&nbsp;<o:p></o:p></span></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p><p =
class=3DMsoNormal><o:p>&nbsp;</o:p></p></div></body></html>
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