Adobe Premiere Elements 15 has stopped working

Suggestions for a fix, anyone?

Windows 7 Professional 64-bit patched up-to-date. I can reproduce this failure at will attempting to render a 7GB .avi to an SD480 MP4. Event log (General) provides the following:

Faulting application name: PremiereElementsEditor.exe, version: 15.0.0.0, time stamp: 0x57cd94f4

Faulting module name: mc_enc_avc.dll, version: 9.11.14.4434, time stamp: 0x56441e66

Exception code: 0xc0000005

Fault offset: 0x00000000000f330b

Faulting process id: 0x548

Faulting application start time: 0x01d2a0632b8eb428

Faulting application path: C:\Program Files\Adobe\Premiere Elements 15\Adobe Premiere Elements 15\PremiereElementsEditor.exe

Faulting module path: C:\Program Files\Adobe\Premiere Elements 15\Adobe Premiere Elements 15\mc_enc_avc.dll

Report Id: 33d4b5ca-0c5a-11e7-b239-001b215f5f64

Event log (Details) provides:

- System

  - Provider

   [ Name]  Application Error

  - EventID 1000

   [ Qualifiers]  0

   Level 2

   Task 100

   Keywords 0x80000000000000

  - TimeCreated

   [ SystemTime]  2017-03-19T04:12:02.000000000Z

   EventRecordID 83038

   Channel Application

   Computer Main

   Security

- EventData

   PremiereElementsEditor.exe
   15.0.0.0
   57cd94f4
   mc_enc_avc.dll
   9.11.14.4434
   56441e66
   c0000005
   00000000000f330b
   548
   01d2a0632b8eb428
   C:\Program Files\Adobe\Premiere Elements 15\Adobe Premiere Elements 15\PremiereElementsEditor.exe
   C:\Program Files\Adobe\Premiere Elements 15\Adobe Premiere Elements 15\mc_enc_avc.dll
   33d4b5ca-0c5a-11e7-b239-001b215f5f64