FormerXBC Inc XEBEQ

Aemetis - dairy RNG player in California

[Ciao]

This company plans to have 52 dairy RNG systems, who will supply their biogas upgrading units? They'll be at the energy summit, wouldn't surprise me if they went to visit UEC next door.

Aemetis is also constructing a 52-site Dairy Renewable Natural Gas project near Modesto, California. Phase 1 of the RNG project with two dairy digesters and a 4 mile pipeline is completed and operational. Phase 2 of the project is under construction, including a biogas upgrading facility to produce RNG, a PG&E utility gas pipeline interconnect, 15 additional dairy digesters, and 32 miles of pipeline.

https://www.aemetis.com/aemetis-ceo-to-present-to-institutional-investors-at-27th-annual-credit-suisse-energy-summit-feb-28th-in-vail-colorado/

[tony08]

Not to forget that there are over 40 thousands dairy farms in the US......Enormous potential for Xebec.

[Ciao]

Yes, I believe over 80K livestock farms that could be viable for RNG. I recall Kurt saying they will be busy for decades. This comment was made when he mentioned that all suppliers needed capacity to build biogas upgrading equipment. They scored with the purchase of UEC. In addition analysts expected it would cost them $40M CDN, they managed to get a US plant for only $10M.

[tony08]

I agree with you, but what's disturbing though is that the number of dairy farm in the US diminish every year. The decline in dairy farm numbers mirrors what’s more broadly happening in farming — the trend towards fewer, larger farms that capture economies of scale, which results in lower cost of production. This drive toward more efficient farming in the U.S. has resulted in a cheap