When you say latest version of CC, do you mean version 126.96.36.199?
What is in your comp besides the layer with Element on it?
Have you used a minute-long comp with Element 2 in the past?
What are the rest of your system specs?
Have you tried the "secret" preferences setting to purge after a certain number of frames?
Another suggestion would be to render an image sequence. Then, if it crashes, you can just pick up the render from where it left off.
Thanks for the response Szalam. Tried the "secret" setting and had no luck. Ended up reducing some of the render settings within Element 2 and it went through. When all else fails, lower your expectations
Element 2 is still pretty new. I'd recommend checking with VideoCopilot to see if they have an updated version of it. There were some buggy issues with the first release when it launched.