KL Energy: 50 Hottest Companies in Bioenergy candidate profile
KL Energy
Based in: South Dakota
2008-09 ranking: #21
Business: Cellulosic ethanol, lignin (including use as a high energy lignin pellet) production. KL Energy ’s technology is commercially viable today, even before the substantial government incentives available. KLE’s technology is capacity flexible, providing scalable, custom designed cellulosic bioenergy plants tailored to the feedstock availability and the local market. KLE’s technology does not include gasification or substantive amounts of acid, resulting in lower capital costs, lower operating costs, minimum fermentation toxicity, and low water usage. The KLE’s process results in high slurry concentrations, well above NREL heat material balance assumptions, resulting in substantially lower capital costs and operating costs.
Model: Owner-operator and licensor-partner.
Past milestones:
a) Moving beyond our pilot plant to the opening in 2008 of the first USA based 2nd generation commercial scale demonstration plant producing cellulosic ethanol and high energy lignin and protein based co-products from forestry waste.
b) Development of a commercially viable, “shovel-ready” technology, based on an environmentally friendly thermal -mechanical pretreatment and enzymatic hydrolysis process that works with various non-food feedstocks, including several types of woody biomass and bagasse. KL Energy has achieved or exceeded established industry benchmarks.
c) Becoming a listed company and obtaining substantial investor funding over the last 14 months in an extremely difficult market, providing sufficient capital for development of technology into a commercially viable business model.
Future milestones:
a) Commissioning and start-up of at least 5 currently identified cellulosic based energy projects with 100,000 to 200,000 metric ton processing capacity, over 3 continents by the middle of 2012.
b) Identifying and beginning construction on a minimum of 5 additional 100,000 to 200,000 metric ton cellulosic based energy projects by the end of 2013.
c) Formalizing national and international strategic partnerships and alliances that accelerate the commercialization of KLE technology, while proving and retaining a competitive edge in the industry.
Metrics: The commissioning and start-up of 10 profitable CBE plants by 2013.
KL Energy quotable quotes:
Quotable- “From the beginning, we have focused on developing clean technology based on the economics of ethanol and high energy lignin by-products, including lignin pellets, from non-food feedstock. This focus has allowed us to become the first technology and commercially viable 2nd generation bio-fuel company that is ready to build profitable CBE’s today”.
“With our international investor partners and licensing agreements, we are able to rapidly implement our profitable business model throughout the world.”
The Hot 50 for 2009-10 will be released Tuesday, 12/1. Between now and then, you’ll see profiles of potential candidates in the Digest, and you’ll have a chance to vote for your favorites. Reader response will count for 50 percent of a company’s overall score in the preparation of the rankings. The remaining 50 percent is voted by a panel of experts.
Information on registering your company for the “50 Hottest Companies in Bioenergy” rankings is here. While registration is not required, completing the candidate profile allows companies to augment information provided to the panel of selectors – registration form materials are also used to create candidate profiles that are published daily in Biofuels Digest.
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