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HomeMy WebLinkAboutTEC AEA REF 15 Application and Support Materials 12052022 1224PM APPLICATION FOR ALASKA ENERGY AUTHORITY REF 15 TABLE OF CONTENTS PAGES BACKGROUND AND OVERVIEW Turnagain Arm Tidal Electricity Generation (TATEG) and the Alaska Green Hydrogen Initiative (AG-HI) 4 - 8 TATEG Pilot and Scaling 9 - 11 TIDAL ENERGY CORP AEA REF 15 APPLICATION 12 - 52 ATTACHMENTS TATEG Project Area Map and Coordinates 54 Estimate of Potential Tidal Power 55 Letter of Support from Alaska Center for Energy and Power 56 Letter of Support from Cook Inletkeepers 57 Tidal Energy Corp Key Personnel Resumes and Duties 58-60 TerraSond Turnagain Arm Bathymetry Proposal including Key Personnel and Duties 61 - 97 48 North Regulatory and Permitting Proposal including 98-104 Key Personnel and Duties. TEC Corporate Resolution Authorization 105 BACKGROUND AND OVERVIEW TURNAGAIN ARM TIDAL ELECTRICITY GENERATION AND THE ALASKA GREEN HYDROGEN INITIATIVE Tidal Energy Corp thanks the AEA for this opportunity to apply for the Renewable Energy Fund Round 15. It is TEC’s position that Alaska is the ideal incubator to demonstrate how America will lead the world transition to the hydrogen economy through deployment of marine energy devices in Alaskan waters. Proof of this concept from demonstration to grid scale will provide the road map to positioning America as the world leader in carbon reduction, clean energy, energy technology, and manufacturing. Alaska is poised to become a major a producer and exporter of renewable energy via Tidal Energy Corp’s proposed harvesting of renewable and predictable hydrokinetic power. Hydropower is the most powerful and consistent of all of the renewable energy technologies with the exception of nuclear energy. Alaska is the perfect testing ground to prove hydrogen’s viability as an alternative to carbon- heavy end users and industries. The state contains over two hundred villages and towns that are ideal for testing hydrogen fuel cells as power sources for micro to small electrical grids. There is also a statewide “Railbelt” grid of six electricity companies and associations that provide electricity to 70% of the population via forty-plus year old transmission lines. Mining, steel, and aluminum manufacturing, agriculture, shipping, heavy machinery, trucking, and buses are also ripe for transformation to electrification and/or hydrogen. According to the US Energy Information Administration: ▪Rural communities in Alaska rely primarily on diesel electric generators for power, and Alaska ranks second only to Hawaii in the share of its electricity -15% in 2019- that is generated from petroleum fuels. ▪Alaska's total energy consumption is among the 10 lowest states, but its per capita energy consumption is the 4th-highest in part because of its small population, harsh winters, and energy-intensive industries. ▪Alaska has a non-binding goal to generate 50% of its electricity from renewable and alternative energy sources by 2025, and renewables already accounted for about 30% of the state's electricity generation in 2019. In the state of Alaska, the “Bush” is roughly defined as any community that can only be reached by boat or plane. These villages and towns derive their energy from their own small independent grids. There are nearly two hundred Bush communities, all of which must import diesel fuel for the entire year each Summer. The vast majority of the people who live in the Bush are Alaska’s indigenous population, representing two hundred and twenty-nine (229) federally recognized tribes and dozens of Alaska Native Corporations. Tidal Energy Corporation proposes a ‘whole of government’ approach to finding long term clean and renewable energy solutions for these communities. Each and every one of these communities has several federally mandated services: a local electrical grid, a US Post Office, a school, an air strip, and along with it, air strip snow clearing equipment - usually a grader and/or a loader in smaller places, multiples of the same in larger communities. Tidal Energy Corp Alaska Green Hydrogen Initiative Page of 1 5 PRESENTS These services are paid for and maintained through a series of rotating federal and state contracts, and present a unique opportunity for the federal and state government to use their contracting authority and power to promote the switch from diesel fuel to hydrogen. On the state level, part of the Alaska Energy Authority’s (AEA) mission is to oversee the Power Cost Equalization (PCE) program, which provides economic assistance to communities and residents rural electric utilities where the cost of electricity can be three to ten times higher than for customers on the Alaska Railbelt grid. The AEA, along with the Regulatory Commission of Alaska (RCA), administers the program that serves 82,000 Alaskans in 193 communities that are largely reliant on diesel fuel for power generation. Meanwhile, Alaska has over two dozen tidal power sites and many more wave power regions with a theoretical energy of over 1.36 Terrawatt hours/year of hydrokinetic power. For comparison’s sake, the entire USA’s power usage was 3.80 Terrawatt hours in 2020. The highest tidal range of these sites, and in fact the fourth highest tidal range in the world, is in Turnagain Arm, at the end of Cook Inlet. Tidal Energy Corp has recently been approved for it’s pre-application by FERC (#P-15109-000) for a one hundred and thirty seven square mile area in Turnagain Arm. Tidal Energy Corp has proposed to turn this hydro-kinetic tidal power into a to be determined, but definitely grid scale amount of electrical generation. Also proposed is a grid scale hydrogen electrolysis plant to turn this electricity into green hydrogen for energy storage and transport. Within the one state, and within four years, Tidal Energy Corp proposes to prove every link in the Green Hydrogen Creation, Shipment and End User chain. At the end of this proof of concept phase, Alaska and the USA will have become the world leader in all aspects of the oncoming hydrogen economy revolution. This prosed project will spur an explosion of technology research, development, and investment in American manufactured elements of the of hydrogen economy. The USA will become an exporter of both this technology and energy. The state of Alaska stands to benefit the most from this revolution via its natural, renewable resources. These elements - access to renewable energy, ideal communities to prove hydrogen’s end uses, and a reliance on federal and state contracting for energy - make Alaska an ideal incubator to plan, contract, and implement the hydrogen supply chain. Furthermore, Alaska’s waters become a major source of the USA’s renewable energy needs, with the potential to eventually provide over a terawatt of power to the country yearly. Developing hydropower in Turnagain Arm in Cook Inlet is crucial to this plan. The high tidal range that makes it an ideal site for electricity production also makes it a challenge that we understand. At Tidal Energy Corp, we know Cook Inlet is one of the most important ecological environments in the world, and includes both commercial seafood species and a pod of the endangered Beluga whales. Doing this right, by keeping the marine life in the bay safe and their populations thriving, as well as keeping the delicate balance of the entire ecosystem undisturbed, is of the utmost importance. Once this goal of being able to harvest electricity safely at Turnagain Arm, developing future projects will become that much easier and cheaper. A roadmap for developing hydrokinetic power at grid scale will have been established by the TATEG project that all future tidal, wave motion, and temperature/salinity difference projects will follow. In addition, AGHI will prove to be the roadmap for implementing all aspects of the hydrogen chain. Tidal Energy Corp Alaska Green Hydrogen Initiative Page of 2 5 The Alaska Green Hydrogen Initiative consists of three phases. The Demonstration phase and two Scaling phases. DEMONSTRATION PHASE Tidal Energy Corp, in partnership with one or more tidal energy turbine solutions companies to be determined proposes to install surface and/or seafloor based turbines at the Turnagain Arm site.Tidal Energy Corp proposes to use this tidal field to provide power to a hydrogen electrolyzer units. The hydrogen produced will be collected, compressed, and and prepared for shipping to a Test Bush Village’s mini grid to be determined. This hydrogen can alternatively be used as a feed stock for ammonium or other hydrogen derivative such as methane for easier energy storage and transport. In the Test Village, a hydrogen fuel cell and storage system/hydrogen derivative based system will be contracted by the the federal government and built by the contract winner in anticipation of the incoming green hydrogen produced in Turnagain Arm. Concurrently, that village will be developing its own available renewable resources. Every Bush community is either on the ocean or a river or both, so tidal/river flow systems will likely be considered first, along with wind, solar, geothermal, and fission options. Each village and town should have the goal of generating, using, and banking as much power as they can, but with the assurance that more energy is available to them through the ‘backstop’ of Cook Inlet tidal energy resources. Implementing the elements of this system from beginning to end use will demonstrate the viability of the concept: 1)Produce electricity from tidal energy. 2)Store that electricity in the form of hydrogen/derivative. 3)Ship that hydrogen/derivative to a small town’s power system. 4)Power that town for the winter with 100% Renewable Green Hydrogen Energy. Once this test village is proven safe and effective: 5) Repeat this process two hundred plus more times until the entire Alaskan Bush is 100% Green. Meanwhile, Tidal Energy Corp will be expanding its turbine fields in Turnagain Arm and elsewhere to meet the hydrogen demand coming online. SCALING PHASE 1 - SCALING FROM ONE BUSH COMMUNITY TO ALL OF THEM ALASKA INDEPENDENT COMMUNITY GRIDS - The previously described bush communities’ electrical power systems are ideal for hydrogen conversion. As the existing diesel generators age out of their useful lifespan, they can be replaced via federal contacts with hydrogen fuel cell systems. This includes any community from the smallest village to large towns like Bethel, Dillingham, and Nome. Currently there are many global companies motivated to compete for these contracts. Elements of these upgrades include: Tidal Energy Corp Alaska Green Hydrogen Initiative Page of 3 5 HYDROGEN FUEL CELLS - Hydrogen fuel cells are clean power sources that use hydrogen gas instead of diesel, natural gas, oil, or coal to create electricity. Instead of using heat to run a generator, as with carbon based fuels, hydrogen reacts with oxygen in the air to create electricity and water. Fuel cells can be sized to power any independent grid, from a village of a few dozen to a town of tens of thousands. Like any energy system, they require storage components for their hydrogen fuel, which will replace current diesel fuel storage. From there, the town should be electrified; stoves, water heaters, heating units, boilers, snow machines, ATVs, etcetera. HEAVY EQUIPMENT - Contractually designating that replacement snow clearing equipment - generally loaders, graders, and dump trucks - will to be powered by hydrogen fuel cells will bring American manufacturers of this equipment to the table. Many are already in production and manufactured by foreign companies, but encouraging American companies to provide fuel cell powered equipment will spark innovation and competition, as well as American manufacturing of said equipment. SCALING PHASE 2 - THE ALASKA RAILBELT GRID ALASKA RAILBELT GRID - There are six grid scale power companies that provide electricity to the 65% of the population that lives on the “Railbelt” from Fairbanks to Valdez. These power companies and associations use natural gas for the majority of their power, followed by coal. There is no reason to convert these turbines to hydrogen fuel, however. The electricity generated by the TATEC can be run directly to these grids after going through power normalization facilities. Replacing these carbon fuels with green electricity will reduce tens of millions of tons of carbon from entering the atmosphere every year. MILITARY - US Army Bases, Air Force Bases, USCG Stations, New Naval and commercial refueling stations. TRUCKING - Trucking from Valdez to the North Slope can be turned from diesel powered to hydrogen fueled. BUSES - Public Transportation buses and school Buses AGRICULTURE - Fertilizer is a necessity of life throughout the world, and hydrogen gas is needed to create ammonium (NH3), the base of most fertilizers. Currently, this hydrogen comes from natural gas or coal though a very carbon intense process called steam reforming. With this new source of green hydrogen produced in Alaskan waters, it will be possible to produce carbon free Green Ammonium. Ammonium is also well suited for shipping because of its density, whereas hydrogen has to be either compressed or liquified. MINING - The mining concerns connected to the AK Railbelt grid can access electricity directly from it, while those off the grid can use shipped-in hydrogen for their intensive power needs. Current mines include Gold, Copper, Silver, Lead, Coal, Zinc, Barite, Graphite, Rare Earth Elements, and Molybdenum, as well as potential Uranium mining. NEXT STEPS - ENERGY EXPORT The Alaska Green Hydrogen Initiative, which can potentially power the entirety of Alaska’s energy needs with only one site within Cook Inlet - the Turnagain Arm Tidal Electricity Generation Project - is only the beginning. The above referenced DOE study identifies over two dozen such sites in Alaskan waters suitable for hydrokinetic power development. Tidal Energy Corp Alaska Green Hydrogen Initiative Page of 4 5 As each of these sites is developed, the costs associated with development will go down significantly, and an incredible amount of energy will be developed for export. Ideal end users of this energy include: US Lower Forty Eight and Hawaii energy needs Japan South Korea Phillipines US DOD Assets around the world Thanks again for the opportunity to apply for AEA REF 15. Please feel free to reach out to us with any comments or questions. Tidal Energy Corp Alaska Green Hydrogen Initiative Page of 5 5 of 1 3 Turnagain Arm Tidal Electricity Generation Project Overview - FERC #P-151090 5MW Near Term Objective (2-3 Years) To demonstrate the harnessing of reliable tidal hydrokinetic energy and transformation of that energy into green hydrogen through two conjoined Pilot Projects. a)TIDAL ENERGY PILOT PROJECT - Build a 5MW tidal stream installation within the Turnagain Arm Tidal Energy Generation boundary at hot spot TBD. The project will have an energy storage (modular pressurized tanks/Battery/Other) component to keep power flowing during slack tides, and be designed to scale after 12-18 months of testing and observation into a Commercial Tidal Project. b)GREEN HYDROGEN PILOT PROJECT - Build a 5MW Low temperature electrolysis/Polymer electrolyte membrane electrolysis (LTE/PEM) unit powered by the Tidal Pilot. Include hydrogen storage, compression, and accoutrements to prepare the hydrogen for shipping to off taker(s). c)OFF-TAKERS WITH FEDERAL AND STATE OF AK SUPPORT - At this stage the hydrogen for off- takers should be used for a) Decarbonizing/electrifying a pilot Bush village in rural AK, b) Maritime/ Port decarbonization, or c) entities that use the Green Hydrogen for research or early stage technology project(s) in such areas of interest as Hydrogen Vehicles, Aircraft, Ports, Infrastructure, or other. 50MW Medium Term Objective (3-5 Years) To scale by an order of magnitude the Tidal Energy Pilot project to a 50MW Commercial Project and Green Hydrogen Pilot Project into a 50MW Commercial Project. a)TIDAL ENERGY 50MW COMMERCIAL PROJECT - Add 45MW of turbine capacity to the existing Tidal Pilot Project and apply for a Commercial license for the 50MW total project. Add commensurate energy storage necessary to keep the energy flowing during slack tides. Add cabling infrastructure to accommodate the larger flow of elections including enough capacity for the next phases of scaling. b)GREEN HYDROGEN 50MW COMMERCIAL PROJECT - Add 45MW of electrolyzer capacity, which can be LTE/PEM or other commercial production technique such as High Temperature Electrolysis (HTE) or Proton Solid Oxide Electrolysis Cells (P-SOEC) depending on the reliability of what is available at the time. c)COMMERCIAL OFF TAKERS - Ammonium/urea production for fertilizer or other uses, synthetic fuel production, heavy industry, including steel and aluminum production, mining, construction and constriction materials, hydrogen vehicles, aircraft, maritime shipping/fueling, electrification/ hydrogenation of ports, along with cabling and pipeline infrastructure necessary to support these efforts. 500 MW Long Term Objective (5-10 Years) To scale by an order of magnitude the Tidal Energy Commercial Project and Green Hydrogen Project into a 500MW Commercial Project with a direct connection to the Alaska Railbelt Grid. a)TIDAL ENERGY 500MW COMMERCIAL PROJECT- Add 450MW of turbine capacity to the existing 50MW. Add commensurate energy (ideally Pumped) storage necessary to keep the energy flowing during slack tides. b)GREEN HYDROGEN 500MW COMMERCIAL PROJECT - Add 450MW of electrolyzer capacity, can be LTE/PEM or other commercial hydrogen production technique such as High Temperature Electrolysis (HTE) or Proton Solid Oxide Electrolysis Cells (P-SOEC) or other TBD, depending on the reliability of what is available at that time. c)COMMERCIAL OFF TAKERS - Secure PPAs with Alaska Railbelt grid operators and ramp up production for the off-takers described in the Medium Term Objectives 821 N St., Suite 207 Anchorage, AK, 99501 lee@tidalenergycorp.com Cell: (504) 875-8223 Office: (907) 274-7571 of 2 3 ***Optional Objective - TATERS*** (3 years) The Turnagain Arm Tidal Energy Research Site (TATERS). Use the connections and berths from the original Tidal Energy Pilot Project as the basis for the USA’s version of the European Marine Energy Center (EMEC). Tidal Energy Corp would permanently dedicate a portion of the TATEG site for future tidal energy research geared for full scale prototypes, and a consortium of National Labs, State and Federal Agencies would manage and finance the site. The heavy tides (10M) and rough conditions (silt, environmental, biological concerns) will serve as an ideal crucible to test and refine up and coming Marine Energy technologies. Furthermore, the existence of EMEC has led to dozens of hydrogen and marine energy start ups in Northern Scotland due to the availability of electricity and green hydrogen. Likewise, here in the US, there should also be a concurrent support program for projects and new technologies in the hydrogen and marine energy spheres, centered in South Central Alaska. IDEAL PARTICIPANTS 5MW TATERS 50MW 500MW Tidal Energy Corp X X X X NREL - National Renewable Energy Lab X X PNNL - Pacific Northwest National Lab X X INL - Idaho National Lab X X UAF X X State of Alaska - Governor’s Infrastructure Office X X X X State of Alaska - Alaska Energy Authority X X X X AIDEA - Alaska Industrial Development and Export Authority X X Denali Commission X X ERO - Electric Reliability Organization X AK Railbelt Grid Electric Associations X DOE - WPTO X X X X DOE - Office of Clean Energy Demonstrations X X X DOE - Office of Indian Energy Policy and Programs X X X X DOE - Arctic X X X DOE - Infrastructure X X DOE - H2@Scale X X X X BIA - Bureau of Indian Affairs X X X X US Navy Office of Naval Research X X X X 821 N St., Suite 207 Anchorage, AK, 99501 lee@tidalenergycorp.com Cell: (504) 875-8223 Office: (907) 274-7571 of 3 3 Resource Assessment and Feasibility Analysis Tidal Energy Corp is partnering with several National Labs to apply for DOE TEAMER funds for preliminary site work, as well as applying for a grant from the Alaska Energy Authority REF 15 to perform the following tasks: 1.Desktop biological and environmental analysis along with the likely regulatory and permitting pathway for the site with Dr. Andrea Copping of Pacific Northwest National Lab (PNNL). 2.Refined computer modeling of site water speeds with Dr. Zhaoquing Yang of PNNL. 3.Open water testing of water speed at Dr. Yang’s identified ‘hot spots’ with Dr. Levi Kilcher of National Renewable Energy Lab (NREL). 4.Technoeconomic Analysis of the TATEG Pilots and Scaling with Dr. Elena Baca of NREL vis a vis likely tidal turbine solutions for marine energy in Cook Inlet. 5.Technoeconomic Analysis of Marine Energy to Green Hydrogen production with downstream and offtatker implications with Idaho National Lab. 6.Stakeholder Outreach consulting. 7.Bathymetric Survey, with high accuracy mapping of the site and water depths along with sea floor composition data collection. 8.Expert Regulatory and Permitting consulting. 9.Close work with all qualified global tidal turbine companies to explore which of their current and near term turbines will work best at different hot spots within the site based on the data generated by the studies above. It is likely that two different tidal turbine systems will be chosen, one from the surface based turbine developers, and one from the sea floor based turbine solutions. This work is expected to be completed by Fall 2024 with regulatory requirements, permitting, pre- engineering, securing USG funding and private sector financing completed alongside these tasks. Ideally, in Spring 2025 work begins on the 5 MW Tidal and Green Hydrogen Pilot Projects. 821 N St., Suite 207 Anchorage, AK, 99501 lee@tidalenergycorp.com Cell: (504) 875-8223 Office: (907) 274-7571 Renewable Energy Fund Round 15 Grant Application – Standard Form Application Forms and Instructions This instruction page and the following grant application constitutes the Grant Application Form for Round 15 of the Renewable Energy Fund (REF). A separate application form is available for projects with a primary purpose of producing heat (see Request for Applications (RFA) Section 1.5). This is the standard form for all other projects, including projects that will produce heat and electricity. An electronic version of the RFA and both application forms is available online at: https:// www.akenergyauthority.org/What-We-Do/Grants-Loans/Renewable-Energy-Fund/2022-REF- Application. What follows are some basic information and instructions for this application: •If you are applying for grants for more than one project, provide separate application forms for each project. •Multiple phases (e.g. final design, construction) for the same project may be submitted as one application. •If you are applying for grant funding for more than one phase of a project, provide milestones and grant budget for each phase of the project (see Sections 3.1 and 3.2.2). •In order to ensure that grants provide sufficient benefit to the public, AEA may limit recommendations for grants to preliminary development phases in accordance with 3 Alaska Administrative Code (ACC) 107.605(1). •If some work has already been completed on your project and you are requesting funding for an advanced phase, submit information sufficient to demonstrate that the preceding phases are completed and funding for an advanced phase is warranted. Supporting documentation may include, but is not limited to, reports, conceptual or final designs, models, photos, maps, proof of site control, utility agreements, business and operation plans, power sale agreements, relevant data sets, and other materials. Please provide a list of supporting documents in Section 11 of this application and attach the documents to your application. •If you have additional information or reports you would like the Authority to consider in reviewing your application, either provide an electronic version of the document with your submission or reference a web link where it can be downloaded or reviewed. Please provide a list of additional information; including any web links, in Section 12 of this application and attach the documents to your application. For guidance on application best practices please refer to the resource-specific Best Practices Checklists; links to the checklists can be found in the appendices list at the end of the accompanying REF Round 15 RFA. •In the Sections below, please enter responses in the spaces provided. You may add additional rows or space to the form to provide sufficient space for the information, or attach additional sheets if needed. •If you need assistance with your application, please contact AEA’s Grants Coordinator by email at grants@akenergyauthority.org or by phone at (907) 771-3081. AEA 23046 Page of 10/04/2022141 Renewable Energy Fund Round 15 Grant Application – Standard Form REMINDER: •AEA is subject to the Public Records Act AS 40.25, and materials submitted to AEA may be subject to disclosure requirements under the act if no statutory exemptions apply. •All applications received will be posted on the Authority web site after final recommendations are made to the legislature. Please submit resumes as separate PDFs if the applicant would like those excluded from the web posting of this application. •In accordance with 3 AAC 107.630 (b) Applicants may request trade secrets or proprietary company data be kept confidential subject to review and approval by AEA. If you want information to be kept confidential the applicant must: o Request the information be kept confidential. o Clearly identify the information that is the trade secret or proprietary in their application. o Receive concurrence from the Authority that the information will be kept confidential. If the Authority determines it is not confidential, it will be treated as a public record in accordance with AS 40.25 or returned to the applicant upon request. AEA 23046 Page of 10/04/2022241 Renewable Energy Fund Round 15 Grant Application – Standard Form SECTION 1 – APPLICANT INFORMATION Please specify the legal grantee that will own, operate, and maintain the project upon completion. Name (Name of utility, IPP, local government, or other government entity) Turnagain Arm Tidal Energy Corp Tax ID # 86-2612157 Date of last financial statement audit: N/A - Started in Jan 2021 1.1 Applicant Point of Contact / Grants Coordinator Name: Title: Chris Lee President and CEO Mailing Address: 821 N St., Suite 207 Anchorage, AK 99501 Name: Title: Chris Lee President and CEO Mailing Address: 821 N St., Suite 207 Anchorage, AK 99501 1.1.2 Applicant Alternate Points of Contact Mailing Address:Physical Address: 821 N St., Suite 207 Same Anchorage, AK 99501 Telephone:Fax:Email: (504) 875-8223 lee@tidalenergycorp.com Telephone:Fax:Email: (504) 875-8223 lee@tidalenergycorp.com 1.1.1 Applicant Signatory Authority Contact Information Telephone:Fax:Email: (504) 875-8223 lee@tidalenergycorp.com AEA 23046 Page of 10/04/2022341 Renewable Energy Fund Round 15 Grant Application – Standard Form 1.2 Applicant Minimum Requirements Please check as appropriate. If applicants do not meet the minimum requirements, the application will be rejected. 1.2.1 Applicant Type ☐ An electric utility holding a certificate of public convenience and necessity under AS 42.05 CPCN #______, or X An independent power producer in accordance with 3 AAC 107.695 (a) (1) CPCN #______, An independent power producer still in reconnaissance stage ☐ A local government, or ☐ A governmental entity (which includes tribal councils and housing authorities) Additional minimum requirements X 1.2.2 Attached to this application is formal approval and endorsement for the project by the applicant’s board of directors, executive management, or other governing authority. If the applicant is a collaborative grouping, a formal approval from each participant’s governing authority is necessary. (Indicate yes by checking the box) X 1.2.3 As an applicant, we have administrative and financial management systems and follow procurement standards that comply with the standards set forth in the grant agreement (Section 3 of the RFA). (Indicate yes by checking the box) X 1.2.4 If awarded the grant, we can comply with all terms and conditions of the award as identified in the Standard Grant Agreement template at https://www.akenergyauthority.org/ What-We-Do/Grants-Loans/Renewable-Energy-Fund/2022-REF-Application (Any exceptions should be clearly noted and submitted with the application.) (Indicate yes by checking the box) X 1.2.5 We intend to own and operate any project that may be constructed with grant funds for the benefit of the general public. If no please describe the nature of the project and who will be the primary beneficiaries. (Indicate yes by checking the box) Name Telephone:Fax:Email: Freddie Sue Lee (907) 274-7571 f.lee1@icloud.com AEA 23046 Page of 10/04/2022441 Renewable Energy Fund Round 15 Grant Application – Standard Form SECTION 2 – PROJECT SUMMARY 2.1 Project Title Provide a 4 to 7 word title for your project. Type in the space below. Turnagain Arm Tidal Electricity Generation project (TATEG) 2.2 Project Location 2.2.1 Location of Project – Latitude and longitude (preferred), street address, or community name. Latitude and longitude coordinates may be obtained from Google Maps by finding you project’s location on the map and then right clicking with the mouse and selecting “What is here? The coordinates will be displayed in the Google search window above the map in a format as follows: 61.195676.-149.898663. If you would like assistance obtaining this information, please contact AEA’s Grants Coordinator by email at grants@akenergyauthority.org or by phone at (907) 771-3081. [Other description of location] The boundaries of the project are as follows: TATEG PROJECT AREA COORDINATES (see Project Map in Attachments) In Degrees, minutes, decimal seconds In Decimal Degrees A. 61º 0’ 48’’ N, 150º 28’ 00’’ W 61.01333, -150.46666 B. 61º 3’ 22.61’’ N, 150º 20’ 00’’ W 61.05628, -150.52914 C. 61º 7’ 20.35’’N, 150º 29’ 24.83’’ W 61.12232, -150.49023 D. 61º 7’ 16.75’’ N, 150º 13’ 19.6’’ W 61.12132, -150.22211. E. 61º 12’ 10.37’’ N, 150º 5’ 32.21 W 61.20288, -150.09228 F. 61º 12’ 10.58’’ N, 150º 1’ 29.75 W 61.20294, -150.02493. G. 61º 7’ 3.25’’ N, 149º 57’ 33.7’’W 61.11757, -149.95936. H. 61º 0’ 0’’ N, 150º 9’ 59.98’’ W 61, -150.16666 I. 61º 0’ 00’’ N, 150º 19’ 6.06’’ W 61, -150.31835. 2.2.2 Community benefiting – Name(s) of the community or communities that will be the beneficiaries of the project. In addition to a direct connection between TATEG and the Alaska Railbelt grid that will benefit every community on it, TATEG is the template for harvesting tidal energy to produce green hydrogen that can be used for Alaska’s Bush communities as well. With the declining of natural gas supplies to the members of the grid on the horizon, and the announcement that future gas supplies can not be guaranteed, long term alternatives to sources for this power must be addressed. Hydrokinetic power in Cook Inlet, long a study in potential, is finally ready for grid scale development. A half dozen tidal turbine systems around the globe have proven their technology at the megawatt scale within the last twenty four months, with more and larger systems in development. Development of a tidal site such as TATEG will make it the template for dozens of tidal fields in Alaskan waters. The electricity harvested from such sites can be turned into green hydrogen with off the shelf electrolysers and stored as liquid ammonia or other hydrogen derivative fuel. This fuel can be shipped to the nearly two hundred energy islanded communities in the Bush to transition them from their current reliance on diesel fuel at 3-10X Railbelt prices. And as there is Latitude Longitude AEA 23046 Page of 10/04/2022541 Renewable Energy Fund Round 15 Grant Application – Standard Form far more power to be harvested than load in Alaska, sale of excess energy to markets around the Pacific Rim becomes the inevitable next step. 2.3 Project Type Please check as appropriate. 2.3.1 Renewable Resource Type ☐ Wind ☐ Biomass or Biofuels (excluding heat-only) ☐ Hydro, Including Run of River X Hydrokinetic ☐ Geothermal, Excluding Heat Pumps ☐ Transmission of Renewable Energy ☐ Solar Photovoltaic ☐ Storage of Renewable ☐ Other (Describe) ☐ Small Natural Gas 2.3.2 Proposed Grant Funded Phase(s) for this Request (Check all that apply) Pre-Construction Construction X Reconnaissance ☐ Final Design and Permitting ☐ Feasibility and Conceptual Design ☐ Construction AEA 23046 Page of 10/04/2022641 Renewable Energy Fund Round 15 Grant Application – Standard Form 2.4 Project Description Provide a brief, one-paragraph description of the proposed project. Tidal Energy Corp (TEC) is the developer of the Turnagain Arm Tidal Electricity Generation project (FERC #P-15109), a 137 square mile tidal energy site situated between Anchorage, Fire Island, and Point Possession, Alaska. Preliminary water speed modeling indicates several high speed hotspots within the boundaries with power potential to be determined by these requested studies and others. Technical assistance for refined modeling of water speeds has been requested by TEC from Pacific Northwest National Lab (PNNL), with confirmation testing technical assistance requested from the Alaska Center for Energy and Power (ACEP) and National Renewable Energy Lab (NREL). PNNL technical assistance on biological and environmental desktop analysis with a view to providing likely regulatory and permitting guidance has also been requested. Several requests for Techno Economic Analysis assistance from NREL and Idaho National Lab will be in by 3/3/23. This proposal for AEA REF 15 is to request funding for a) Bathymetry for the site (See attached proposal from Terrasond), as well as Regulatory and Permitting Consulting (See attached bid proposal from 48 North). Once the studies and consulting tasks outlined in the Reconnaissance Phase are completed, the majority of the reconnaissance for the site will be finished, and next steps can be considered on a go/no go basis based on data collected. 2.5 Scope of Work Provide a short narrative for the scope of work detailing the tasks to be performed under this funding request. This should include work paid for by grant funds and matching funds or performed as in-kind match. Tidal Energy Corp is requesting reconnaissance phase funding for site characterization of the Turnagain Arm Tidal Electricity Generation Site. Specifically, bathymetry and sea floor collection data for approximately ninety-seven (97) km2 of likely high water speed hotspots within the Turnagain Arm Tidal Electricity Generation site. TEC is also requesting reconnaissance phase funding for expert regulatory and permitting consulting for the TATEG project. 2.6 Previous REF Applications for the Project See Section 1.15 of the RFA for the maximum per project cumulative grant award amount Round Submitted Title of application Application #, if known Did you receive a grant? Y/N Amount of REF grant awarded ($) N/A AEA 23046 Page of 10/04/2022741 Renewable Energy Fund Round 15 Grant Application – Standard Form SECTION 3 – Project Management, Development, and Operation 3.1 Schedule and Milestones Please fill out the schedule below (or attach a similar sheet) for the work covered by this funding request. Be sure to identify key tasks and decision points, including go/no go decisions, in your project along with estimated start and end dates for each of the milestones and tasks. Please clearly identify the beginning and ending of all phases (I. Reconnaissance, II. Feasibility and Conceptual Design, III. Final Design and Permitting, and IV. Construction) of your proposed project. See the RFA, Sections 2.3-2.6 for the recommended milestones for each phase. Add additional rows as needed. Task #Milestones Tasks Start Date End Date Deliverables 1 Reco nnais sance Pacific National Lab (PNNL) Water speed Modeling Refined supercomputer modeling of waterspeeds in TATEG on XYZ axis with extrapolation to a full year’s tidal cycle. 2/1/23 10/31/23 Characterization of waterspeeds and definition of ‘hotspots’ over a yearly tidal cycle (and implied for thousands of years into future) within TATEG’s boundaries. 2 Reco nnais sance PNNL Environmental/ Biological Desktop Analysis Define all Biological and Environmental concerns within the TATEG site & Regulatory Agencies responsible for each.2/1/23 10/31/23 Comprehensive report on defined Biological and Environmental concerns with likely Regulatory and Permitting pathway. 3 Reco nnais sance Alaska Center for Energy and Power/ National Renewable Energy Lab (NREL) Waterspeed Confirmation testing Open water testing to confirm water speed modeling generated in Task 1. 7/1/23 12/31/23 NREL Certified Waterspeeds. This is the foundation of all power take off estimates. 4 Reco nnais sance NREL Techno Economic Analysis of multiple Turbine Solutions. Investigate cost comparisons of Multiple a)Surface and b) Sea floor based tidal energy systems’ with long term LCOE analysis. 6/1/23 3/31/24 Comprehensive Techno Economic Analysis Report of Multiple tidal turbine systems and their costs, including likely future costs as manufacturing and scaling comes online. Include plusses and minuses of same. AEA 23046 Page of 10/04/2022841 Renewable Energy Fund Round 15 Grant Application – Standard Form 5 Reco nnais sance Idaho National Lab (INL) Techno Economic Analysis Investigation of tidal energy to green hydrogen production, hydrogen as feed stock, identify likely infrastructure needed, economic impact both locally and in the Bush, likely Pacific Rim participants, and all estimated costs of same. 6/1/23 3/31/24 Comprehensive Techo Economic Analysis Report with regional job creation and economic impacts, likely mid and down streamers, likely power off-takers, with associated projected costs and ideal timeline. 6 Reco nnais sance Bathymetric Study of likely TATEG hotspots. ***NOTE: Requested in this Application for AEA REF 15.*** 1. Zone A1 - 98 sq km 2. Zone D - 23 sq km 7/1/23 12/31/23 1.Tide corrected bathymetric surfaces for Zone A1 and Zone D. 2.A gridded surface file in ASCII XYZ format. 3.Detailed charts of both survey zones. 4.Geotiff images of the final bathymetric surfaces. 5.A comprehensive report 7A Reco nnais sance Regulatory and Permitting Consulting ***NOTE: Requested in this Application for AEA REF 15.*** Phase 1: Regulatory and Permitting Engagement 7/1/23 12/31/23 1.Outreach to all relevant regulatory agencies to learn likely requirements 2.Develop a plan to satisfy all expected work for the permitting phase. 7B Reco nnais sance Regulatory and Permitting Consulting ***NOTE: Requested in this Application for AEA REF 15.*** Phase 2: Permit Acquisition 9/1/23 12/31/24 1.Aquire all necessary permits. AEA 23046 Page of 10/04/2022941 Renewable Energy Fund Round 15 Grant Application – Standard Form 8 Reco nnais sance Stakeholder Outreach Outreach to all stakeholders with an interest in the TATEG project. TBD TBD Educating stakeholders on the goals of TATEG and the benign nature of marine energy devices to the safety of all marine life. There has not been one single adverse interaction with marine life recorded in hundreds of thousands of hours of operation and millions of fish and mammal interactions across a half dozen systems installed around the globe. AEA 23046 Page of 10/04/20221041 Renewable Energy Fund Round 15 Grant Application – Standard Form 3.2 Budget 3.2.1 Funding Sources Indicate the funding sources for the phase(s) of the project applied for in this funding request. 3.2.2 Cost Overruns Describe the plan to cover potential cost increases or shortfalls in funding. As the proposed costs are part of bids by established companies, who are both leaders in their field with long and stellar reputations, the expectation is that the work will be completed on time and under budget. If, however, it is determined the subs will not be able to complete their work under budget, proactive adaptive management will allow TEC will foresee this and begin cutting portions of tasks in their bids to keep the project under budget. The cuts will come from less desirable areas of site discovery and off loading of tasks from the subs to TEC. 3.2.3 Total Project Costs Indicate the anticipated total cost by phase of the project (including all funding sources). Use actual costs for completed phases. Indicate if the costs were actual or estimated. Grant funds requested in this application $1,400,000 Cash match to be provideda $0 In-kind match to be provideda In-kind Project Management/Project Development services. $280,000 Energy efficiency match providedb N/A Total costs for project phase(s) covered in application (sum of above) $1,680,000 Describe your financial commitment to the project and the source(s) of match. Indicate whether these matching funds are secured or pending future approvals. Describe the impact, if any, that the timing of additional funds would have on the ability to proceed with the grant. No matching funds will be provided for this phase of the project. However, Tidal Energy Corp is an experienced project development and management firm and will contribute these functions in- kind to the efforts. Tidal Energy Corp values the functions of project management (5% of total project cost) and project development (15%) together at 20% of total project costs: .20 X $1,400,000 = $280,000. a Attach documentation for proof (see Section 1.18 of the Request for Applications) b See Section 8.2 of this application and Section 1.18 of the RFA for requirements for Energy Efficiency Match. Reconnaissance Estimated $. 3,000,000 Feasibility and Conceptual Design Estimated $ 15,000,000 Final Design and Permitting Estimated $ 103,875,000 Construction Estimated $ 1,407,875,000 Total Project Costs (sum of above)Estimated $ 1,529,750,000 AEA 23046 Page of 10/04/20221141 Renewable Energy Fund Round 15 Grant Application – Standard Form 3.2.4 Funding Subsequent Phases If subsequent phases are required beyond the phases being applied for in this application, describe the anticipated sources of funding and the likelihood of receipt of those funds. •State and/or federal grants •Loans, bonds, or other financing options •Additional incentives (i.e. tax credits) •Additional revenue streams (i.e. green tag sales or other renewable energy subsidies or programs that might be available) As the entirety of current efforts are in the Reconnaissance Phase, future funding will be necessary for the Feasibility and Conceptual Design, Final Design and Permitting, and Construction phases. Anticipated sources of funding include: Federal Funding Opportunity Announcements from the Department of Energy’s Waterpower Technology Office (DOE WTPO) and Office of Clean Energy Demonstrations (DOE OCED). Private capital. DOE Loan Program. In 2021, the Bipartisan Infrastructure Act recognized marine energy development as eligible for the PTC and ITC. This has finally given marine energy the same tax credits that the solar and wind industries have enjoyed since 2008, and which have been THE major factor in the meteoric rise of those industries. Production Tax Credits (PTC) of $0.025/kWh, or $25.00/MWh. Low end of estimated electricity production at 547,500 MWh/yr* X $25/MWh = $13,675,000/yr High end of estimated electricity production at 3,723,000 MWh/yr* X $25/MWh = $93,075,000/yr OR Investment Tax Credits (ITC) of 30% of total project costs: Total project cost of $1,529,750,000^ X .30= $ 458,925,000 +3% ITC bonus for American made steel, manufacturing and supply chain = $ 45,892,500 ITC Potential Total @ 33% = $ 504,817,500. $3/kg green hydrogen subsidy from USG. Low end: 547,000 MWh/yr*/~50kWh per 1kg of H2 = 10,940,000kg H2/yr X $3 = $32,820,000/yr High end: 3,723,000 MWh/yr*/~50kWh per 1kg of H2 = 74,460,000kg H2/yr X $3 = $223,380,000/yr Metering/Tracking Equipment [not included in project cost] Ongoing environmental and biological monitoring is expected to be required for the duration of the project. Est. $1,000,000/yr X 30 years+ Estimated $ 30,000,000 AEA 23046 Page of 10/04/20221241 Renewable Energy Fund Round 15 Grant Application – Standard Form Federal guidance is not entirely clear yet, but early indications are that the PTC or ITC and the $3/ kg H2 subsidy can be ‘stacked’. Energy sales via direct connection to AK Railbelt Grid and hydrogen production as feedstock for ammonia production. *= Figures are from ‘Estimate of Tidal Power’ in Attachments ^= Figure is from ‘Section 3.2.3, Phase Four Construction Estimate’ AEA 23046 Page of 10/04/20221341 Renewable Energy Fund Round 15 Grant Application – Standard Form 3.2.3 Budget Forms Applications MUST include a separate worksheet for each project phase that was identified in Section 2.3.2 of this application — I. Reconnaissance, II. Feasibility and Conceptual Design, III. Final Design and Permitting, and IV. Construction. Please use the tables provided below to detail your proposed project’s total budget. Be sure to use one table for each phase of your project, and delete any unnecessary tables. The milestones and tasks should match those listed in 3.1 above. If you have any question regarding how to prepare these tables or if you need assistance preparing the application please feel free to contact AEA’s Grants Coordinator by email at grants@akenergyauthority.org or by phone at (907) 771-3081. Phase 1 — Reconnaissance Milestone or Task Anticipated Completio n Date RE- Fund Grant Funds Grantee Matching Funds Source of Matching Funds: Cash/In-kind/ Federal Grants/Other State Grants/ Other TOTALS (List milestones based on phase and type of project. See Sections 2.3 thru 2.6 of the RFA ) $$$ 1. Pacific National Lab (PNNL) supercomputer water speed Modeling 10/31/23 $100,000 $0 $20,000 (20% In kind Project Management & Project Development) $120,000 2. PNNL Environmental/ Biological Desktop Analysis & Regulatory Permitting Pathways 10/31/23 $ 50,000 $0 $10,000 (20% In kind Project Management & Project Development) $60,000 3. Alaska Center for Energy and Power/ National Renewable Energy Lab (NREL) Waterspeed Confirmation testing 12/31/23 $250,000 $0 $50,000 (20% In kind Project Management & Project Development) $300,000 4. NREL Techno Economic Analysis - Multiple Floating and Sea floor based tidal energy systems’ LCOE analysis 12/31/23 $150,000 $0 $30,000 (20% In kind Project Management & Project Development) $180,000 AEA 23046 Page of 10/04/20221441 Renewable Energy Fund Round 15 Grant Application – Standard Form 5. Idaho National Lab (INL) Techno Economic Analysis of tidal energy to green hydrogen production with regional job creation and economic impacts with likely mid and down streamers as well as likely power off takers. 3/31/24 $150,000 $0 $30,000 (20% In kind Project Management & Project Development) $180,000 6. Bathymetric Study of likely TATEG hotspots. ***NOTE: Requested in this Application for AEA REF 15.*** 12/31/23 $940,899 $0 $188,180 (20% In kind Project Management & Project Development) $1,129,079 7. Regulatory and Permitting Consulting. ***NOTE: Requested in this Application for AEA REF 15.*** 12/31/24 $400,000 $0 $80,000 (20% In kind Project Management & Project Development) $480,000 8. Stakeholder Outreach TBD EST $400,000 $0 $80,000 (20% In kind Project Management & Project Development) $480,000 TOTALS $2,440,899 $$2,928,079 Budget Categories: Direct Labor & Benefits All in $$$ Travel & Per Diem All in $$$ Equipment All in $$$ Materials & Supplies All in $$$ Contractual Services All in $$$ Construction Services All in $$$ Other N/A $$$ TOTALS $2,440,899 $$2,928,079 AEA 23046 Page of 10/04/20221541 Renewable Energy Fund Round 15 Grant Application – Standard Form Phase 2 — Feasibility and Conceptual Design Milestone or Task Anticipated Completion Date RE- Fund Grant Funds Grantee Matching Funds Source of Matching Funds: Cash/In-kind/ Federal Grants/Other State Grants/ Other TOTALS (List milestones based on phase and type of project. See Sections 2.3 thru 2.6 of the RFA ) $$$ Feasibility and Conceptual Design will be driven by data collected in the Reconnaissance phase. It is likely that at least one sea floor based and one surface based turbine system will be selected for pre-engineering and tested via computer modeling. This will require a host of subs and likely multiple National Labs' technical assistance.These are “ballpark” figures based on many conversations and deep dives into multiple turbine solution companies and their systems, civil, electrical, mechanical, and systems engineering experts, and multiple marine energy experts. $$$ Baseline Environmental and Biological Monitoring. There will likely be many requested studies from the regulating agencies, mostly centered around establishing a ‘baseline’ of environmental and biological conditions so that any impacts created by site development can be assessed. 1/1/25 - 12/31/25 $TBD $TBD TBD $7,000,000 AEA 23046 Page of 10/04/20221641 Renewable Energy Fund Round 15 Grant Application – Standard Form Feasibility and Conceptual Design. This includes narrowing turbine company candidates to one surface based and one sea floor based. Pre-Engineering tasks will include re-designs/ updates to existing turbine systems to tailor them for specific sites and depths within the TATEG footprint, and to operate in all likely conditions such as ice and heavy silt. For example, in the deeper trench areas, it may be possible to design a series of larger diameter turbines in the 15M to 25M range. The project will also require licensing as a commercial project from FERC (Cost TBD) and a lease agreement from the State of Alaska for the sub sea land (Cost TBD). 1/1/25 - 12/21/25 $TBD $TBD TBD $8,000,000 TOTALS $$$15,000,000 Budget Categories:$ Direct Labor & Benefits All in $$$ Travel & Per Diem All in $$$ Equipment All in $$$ Materials & Supplies All in $$$ Contractual Services All in $$$ Construction Services All in $$$ Other N/A $$$ TOTALS $$$15,000,000 AEA 23046 Page of 10/04/20221741 Renewable Energy Fund Round 15 Grant Application – Standard Form Phase 3 — Final Design and Permitting Milestone or Task Anticipated Completion Date RE- Fund Grant Funds Grantee Matching Funds Source of Matching Funds: Cash/In-kind/ Federal Grants/Other State Grants/ Other TOTALS (List milestones based on phase and type of project. See Sections 2.3 thru 2.6 of the RFA ) $$$ Final Design and Permitting will be based on Reconnaissance and Feasibility and Conceptual Design phases. However, Permitting issues will likely be resolved via results from the PNNL Bio/Env study and Regulatory/Permitting Consulting. (Milestones 2 and 7 of the Reconnaissance Phase). It is TEC’s estimate that design costs will in this case be fairly high, around 10% of total project costs. We will need to build a team of naval architects, marine engineers and shipbuilders to generate designs for, and then execute deployment of, thousands of turbine systems that are tailored to their site, yet still mass manufactured; that are surface, sea floor, and/or mid column anchored, and built for the most extreme conditions. We are also using this higher end 10% Design estimate due to the newness of the hydrogen technologies proposed and their implementation. Total project cost can be roughly estimated by cost per MW installed of turbine power. At the average estimate of 678 MW installed (See Attachment ‘Estimate of Tidal Power’) X current estimate of $15,000,000/MW installed = Total estimated project cost of $1,030,875,000 $$$ $$$ AEA 23046 Page of 10/04/20221841 Renewable Energy Fund Round 15 Grant Application – Standard Form 10% Design cost X $1,030,875,000 = $103,875,000 $$$ 103,875,000 $$$ $$$ $$$ $$$ $$$ $$$ $$$ $$$ TOTALS $$$ 103,875,000 Budget Categories: Direct Labor & Benefits All in $$$ Travel & Per Diem All in $$$ Equipment All in $$$ Materials & Supplies All in $$$ Contractual Services All in $$$ Construction Services All in $$$ Other N/A $$$ TOTALS $$$ 103,875,000 AEA 23046 Page of 10/04/20221941 Renewable Energy Fund Round 15 Grant Application – Standard Form Phase 4 — Construction Milestone or Task Anticipated Completion Date RE- Fund Grant Funds Grantee Matching Funds Source of Matching Funds: Cash/In-kind/ Federal Grants/Other State Grants/ Other TOTALS (List milestones based on phase and type of project. See Sections 2.3 thru 2.6 of the RFA ) $$$ Of course all estimates at this stage are “ballpark” without critical data that will be generated in the Reconnaissance and Design Phases. However, total project cost can be roughly estimated by cost per MW of installed of turbine power. At the average power capacity of 678 MW (See ‘Estimate of Potential Tidal Power) X current estimate of $15,000,000/MW installed = Total estimated installed turbine cost of $1,030,875,000 $$$1,030,875,000 500MW Hydrogen Electrolyzer Capacity X $550,000/MW Installed $$$ 275,000,000 HVDC Cabling- 22 Miles to Anchorage and 38 Miles to Nikiski @ $2.5M/Mile = $$$ 95,000,000 Step Up Facilities in Nikiski and Anchorage for connection to AK Railbelt Grid $2M X 2 $$$ 4,000,000 Land for Electrolyzer facility and Step up facilities @ $3M $$$ 3,000,000 To reiterate these figures are ‘ballpark’ without the hard data to be collected in the Reconnaissance and Design phases. $$$ TOTALS $$$1,407,875,000 Budget Categories: Direct Labor & Benefits All In $$$ Travel & Per Diem All In $$$ Equipment All In $$$ AEA 23046 Page of 10/04/20222041 Renewable Energy Fund Round 15 Grant Application – Standard Form Materials & Supplies All In $$$ Contractual Services All In $$$ Construction Services All In $$$ Other TBD $$$ TOTALS $$$1,407,875,000 AEA 23046 Page of 10/04/20222141 Renewable Energy Fund Round 15 Grant Application – Standard Form 3.2.4 Cost Justification Indicate the source(s) of the cost estimates used for the project budget, including costs for future phases not included in this application. Cost estimates for this application’s request were obtained by a request for bid proposal process. Cost estimates for future phases not included in this application are generated by Tidal Energy Corp using analysis of best available current costs. Again, these figures are conjecture without the hard data that needs to be collected in the Reconnaissance and Design phases. For example, in our cost estimates we use 10 M diameter rotors. If it is found that 15 M, 20 M, 25 M, or even larger rotors can be used, the cost per MW installed comes down significantly. Advances in manufacturing and supply chain of turbines will also push the price per MW installed downward as well. 3.3 Project Communications 3.3.1 Project Progress Reporting Describe how you plan to monitor the progress of the project and keep AEA informed of the status. Who will be responsible for tracking the progress? What tools and methods will be used to track progress? TEC uses Construction Project Management (CPM) protocols and will have a project manager either physically on site or virtually monitoring throughout the project. Daily and weekly project reports and QA/QC reports will be generated by TEC. Aggregate weekly progress reports will be submitted monthly to AEA as they are generated consistent with Construction Project Management methods. Subs will also generate project progress reports to keep TEC and AEA up to date and to supplement and augment TEC’s reports. 3.3.2 Financial Reporting Describe the controls that will be utilized to ensure that only costs that are reasonable, ordinary and necessary will be allocated to this project. Also discuss the controls in place that will ensure that no expenses for overhead, or any other unallowable costs will be requested for reimbursement from the REF Grant Program. TEC utilizes Construction Project Management (CPM) accounting, standard for the construction industry. All invoices are reviewed for unallowable costs before payment. All costs associated with this request are contained within the attached fixed price bid proposals by TEC’s subs. Neither overhead nor other unallowable costs will be requested by TEC. TEC will use Sramek-Hightower, CPAs of Anchorage Alaska as their CPA of record. Sramek- Hightower has been the CPA for TEC’s sister company the Little Susitna Construction Company for over ten years, and managed accounting work for covering dozens of Federal, State, Municipality, and private contracting services. AEA 23046 Page of 10/04/20222241 Renewable Energy Fund Round 15 Grant Application – Standard Form SECTION 4 – QUALIFICATIONS AND EXPERIENCE 4.1 Project Team Include resumes for known key personnel and contractors, including all functions below, as an attachment to your application. In the electronic submittal, please submit resumes as separate PDFs if the applicant would like those excluded from the web posting of this application. 4.1.1 Project Manager Indicate who will be managing the project for the Grantee and include contact information. If the applicant does not have a project manager indicate how you intend to solicit project management support. If the applicant expects project management assistance from AEA or another government entity, state that in this section. Christopher D. L. Lee, Project Manager . Mr. Lee is the President and CEO of Tidal Energy Corp, an independent energy development company. Mr. Lee is also the President of the Little Susitna Construction Co., an architectural, mechanical, electrical, civil, and structural engineering and construction firm operating in Alaska since 1980. Mr. Lee received his B.S. in Biology and M.S. in Cellular and Molecular Biology from Tulane University. Mr. Lee worked for Little Susitna Construction as a project manager and planned, directed, coordinated, and budgeted a wide variety of construction projects, including the building of residential, commercial, and industrial structures, as well as the renovations of schools and hospitals. He has supervised dozens of projects from both the home office and in the field, including the building of US Post Offices in seventeen villages above the Arctic Circle. Scheduled and coordinated all design and construction processes, including the selection, hiring, and oversight of specialty trade contractors, such as carpentry, mechanical, and electrical subs, and coordinated and supervised the construction process from the bid documents through final construction, and has delivered millions of dollars of engineering and construction projects on time and within budget. 4.1.2 Project Accountant Indicate who will be performing the accounting of this project for the grantee. If the applicant does not have a project accountant indicate how you intend to solicit financial accounting support. Tammie Smith - Project Accounting Manager. Ms. Smith has 34 years of project management, government contracting, administrative and accounting support services in diverse business settings, including Fortune 100 companies, architectural/engineering and construction fields, project management, administrative services, and project development settings. Ms. Smith served as the Project Administrator for a 10 year, nation-wide Capital Improvements project management contract for the U.S. Coast Guard with a construction cost of $1.5 billion, overseeing all bookkeeping and accounting on the company side. Mrs. Smith is well versed in the development of this tidal project through her research and experience in federal and state regulatory processes; leading the team in interactions with utilities, local, state, and federal regulatory personnel; preparing and filing required documents with FERC, and dozens of federal and state agencies. Ms. Smith’s duties include project accounting and financial oversight from the TEC side. AEA 23046 Page of 10/04/20222341 Renewable Energy Fund Round 15 Grant Application – Standard Form Rebecca Rindal, CPA - Partner Sraymek—Hightower, CPAs Mrs. Rindal, CPA is Sraymek-Hightower’s managing Partner. She has been in public accounting for over twenty one years. She is a Certified Public Accountant licensed in the State of Alaska and the State of Montana. She has developed a broad range of experience and provides her professional services with proficiency and understanding to meet the unique needs of each individual client. Rebecca is a member of the American Institute of Certified Public Accountants and the Alaska Society of Certified Public Accountants. Mrs. Rindal will manage the accounting from the CPA side. 4.1.3 Expertise and Resources Describe the project team including the applicant, partners, and contractors. For each member of the project team, indicate: •the milestones/tasks in 3.1 they will be responsible for; •the knowledge, skills, and experience that will be used to successfully deliver the tasks; •how time and other resource conflicts will be managed to successfully complete the task. If contractors have not been selected to complete the work, provide reviewers with sufficient detail to understand the applicant’s capacity to successfully select contractors and manage complex contracts. See ‘TEC Key Personnel Resumes and Duties’ document in Attachments. See proposal for Bathymetry work from Terrasond in Attachments. See proposal for Regulatory and Permitting from 48 North in Attachments. 4.2 Local Workforce Describe how the project will use local labor or train a local labor workforce. TEC and sister company LSCC have a deep knowledge of the local labor workforce as well as long standing relationships with all of the trade unions and apprentice programs in South central Alaska. Down the road, TEC plans on recruiting heavily from the offshore oil and gas industry for crossover specialized jobs and skillsets that will be necessary for the completion of Marine Energy tasks. AEA 23046 Page of 10/04/20222441 Renewable Energy Fund Round 15 Grant Application – Standard Form SECTION 5 – TECHNICAL FEASIBILITY 5.1 Resource Availability 5.1.1 Assessment of Proposed Energy Resource Describe the potential extent/amount of the energy resource that is available, including average resource availability on an annual basis. For pre-construction applications, describe the resource to the extent known. For design and permitting or construction projects, please provide feasibility documents, design documents, and permitting documents (if applicable) as attachments to this application (See Section 11). Likelihood of the resource being available over the life of the project. See the “Resource Assessment” section of the appropriate Best Practice Checklist for additional guidance. See ‘Estimate of Potential Tidal Power’ in Attachments. 5.1.2 Alternatives to Proposed Energy Resource Describe the pros and cons of your proposed energy resource vs. other alternatives that may be available for the market to be served by your project. Tidal energy is renewable, reliable, predictable and everlasting. It is a viable alternative to hydrocarbon based fuels. While the cost of Marine Energy per MW installed is currently very high, we are at the very top to the cost curve. As more turbines are produced, and at scale, this cost curve is expected to drop sharply in a manner similar to that of solar and wind installations. 5.1.3 Permits Provide the following information as it may relate to permitting and how you intend to address outstanding permit issues. See the “Environmental and Permitting Risks” section of the appropriate Best Practice Checklist for additional guidance. •List of applicable permits •Anticipated permitting timeline •Identify and describe potential barriers including potential permit timing issues, public opposition that may result in difficulty obtaining permits, and other permitting barriers Preliminary permitting direction will come from the PNNL. Active regulatory outreach and permitting acquisition will be directed by proposed subcontractor 48 North. (Tasks 2 and 7 in Section 3.2.3, Phase 1). 5.2 Project Site Describe the availability of the site and its suitability for the proposed energy system. Identify potential land ownership issues, including whether site owners have agreed to the project or how you intend to approach land ownership and access issues. See the “Site control” section of the appropriate Best Practice Checklist for additional guidance. TATEG is effectively under Tidal Energy Corp control for eight years via it’s FERC Pre-application permit P#15109. If the decision is made to extract energy from the site, a lease will need to be negotiated with the State of Alaska. The Corps of Engineers has ultimate authority on final permitting. 5.3 Project Technical & Environmental Risk 5.3.1 Technical Risk AEA 23046 Page of 10/04/20222541 Renewable Energy Fund Round 15 Grant Application – Standard Form Describe potential technical risks and how you would address them. •Which tasks are expected to be most challenging? •How will the project team reduce the risk of these tasks? •What internal controls will be put in place to limit and deal with technical risks? See the “Common Planning Risks” section of the appropriate Best Practice Checklist for additional guidance. There are no technical risk issues in the Reconnaissance portion of the project with the exception of equipment loss or failure. The open water work for bathymetry falls under typical and routine surveying protocols. 5.3.2 Environmental Risk Explain whether the following environmental and land use issues apply, and if so which project team members will be involved and how the issues will be addressed. See the “Environmental and Permitting Risks” section of the appropriate Best Practice Checklist for additional guidance. •Threatened or endangered species •Habitat issues •Wetlands and other protected areas •Archaeological and historical resources •Land development constraints •Telecommunications interference •Aviation considerations •Visual, aesthetics impacts •Identify and describe other potential barriers There are no environmental or land use issues in the Reconnaissance portion of the project. 5.4 Technical Feasibility of Proposed Energy System In this section you will describe and give details of the existing and proposed systems. The information for existing system will be used as the baseline the proposal is compared to and also used to make sure that proposed system can be integrated. Only complete sections applicable to your proposal. If your proposal only generates electricity, you can remove the sections for thermal (heat) generation. 5.4.1 Basic Operation of Existing Energy System Describe the basic operation of the existing energy system including: description of control system; spinning reserve needs and variability in generation (any high loads brought on quickly); and current voltage, frequency, and outage issues across system. See the “Understanding the Existing System” section of the appropriate Best Practice Checklist for additional guidance. There is no proposed energy system chosen yet. Data from the above referenced studies will drive energy system decision making. 5.4.2 Existing Energy Generation Infrastructure and Production In the following tables, only fill in areas below applicable to your project. You can remove extra tables. If you have the data below in other formats, you can attach them to the application (see Section 11). AEA 23046 Page of 10/04/20222641 Renewable Energy Fund Round 15 Grant Application – Standard Form 5.4.2.2 Existing Distribution System Describe the basic elements of the distribution system. Include the capacity of the step-up transformer at the powerhouse, the distribution voltage(s) across the community, any transmission voltages, and other elements that will be affected by the proposed project. N/A 1.Existing Power Generation Units Include for each unit include: resource/fuel, make/model, design capacity (kW), minimum operational load (kW), RPM, electronic/mechanical fuel injection, make/model of genset controllers, hours on genset Unit 1: N/A Unit 2: Unit 3: Unit 4: Unit 5: Unit 6: Is there operational heat recovery? (Y/N) If yes estimated annual displaced heating fuel (gallons) 3. Existing Thermal Generation Units (if applicable to your project) Generation unit Resource/ Fuel type Design capacity (MMBtu/hr) Make Model Average annual efficiency Year Installed Hours N/A 4.O&M and replacement costs for existing units Power Generation Thermal Generation i. Annual O&M cost for labor ii. Annual O&M cost for non-labor iii. Replacement schedule and cost for existing units AEA 23046 Page of 10/04/20222741 Renewable Energy Fund Round 15 Grant Application – Standard Form 5.Annual Electricity Production and Fuel Consumption (Existing System) Use most recent year. Replace the section (Type 1), (Type 2), and (Type 3) with generation sources Month Generatio n (Type 1) (kWh) Generatio n (Type 2) (kWh) Generatio n (Type 3) (kWh) Fuel Consumptio n (Diesel- Gallons) Fuel Consumptio n [Other] Peak Load Minimum Load January N/A February March April May June July August September October November December Total 6.Annual Heating Fuel Consumption (Existing System) Use most recent year. Include only if your project affects the recovered heat off the diesel genset or will include electric heat loads. Only include heat loads affected by the project. Month Diesel (Gallons) Electricity Propane (Gallons) Coal (Tons) Wood (Cords, green tons, dry tons) Other January N/A February March April May June July AEA 23046 Page of 10/04/20222841 Renewable Energy Fund Round 15 Grant Application – Standard Form 5.4.3 Future Trends Describe the anticipated energy demand in the community, or whatever will be affected by the project, over the life of the project. Explain how the forecast was developed and provide year by year forecasts. As appropriate, include expected changes to energy demand, peak load, seasonal variations, etc. that will affect the project. The major future trend to be aware of in Southcentral Alaska is the possibility of the Nutrium/ Agrium Ammonium/Urea plant in Nikiski reopening. If this happens, it opens the possibility of using electricity from TATEG to produce Hydrogen, which in turn can be used as a feedstock for Ammonium production. The reopening of this plant is the centerpiece of the State of Alaska’s concept paper proposal for DOE’s $8B Hydrogen Hub program. Another future trend to be aware of in this same proposal is the proposed $40B gas line from the North Slope to Nikiski. If Alaska is successful in securing Hydrogen Hub funding, there may be infrastructure funds available for TATEG tasks such as cabling and pipelines. 5.4.4 Proposed System Design Provide the following information for the proposed renewable energy system: •A description of renewable energy technology specific to project location •The total proposed capacity and a description of how the capacity was determined •Integration plan, including upgrades needed to existing system(s) to integrate renewable energy system: Include a description of the controls, storage, secondary loads, distribution upgrades that will be included in the project •Civil infrastructure that will be completed as part of the project—buildings, roads, etc. •Include what backup and/or supplemental system will be in place See the “Proposed System Design” section of the appropriate Best Practice Checklist for additional guidance. Description of renewable energy technology - Tidal Energy Turbines, both Sea floor and surface based. Total proposed capacity is a range of 400 MW to 1,500MW+ depending on data collected. For the purpose of the estimates contained in this proposal, 678MW (Seet ‘Estimate of Potential Tidal Power in Attachments). The integration plan will be done during the next phase after Reconnaissance data, in particular, the power estimates and Technoeconomic study data, is collected. This will include controls, storage, loads, distribution upgrades, likely civil infrastructure and backup/supplemental systems necessary, if any. August September October November December Total AEA 23046 Page of 10/04/20222941 Renewable Energy Fund Round 15 Grant Application – Standard Form There is no civil infrastructure planned for the project yet. However, in next phases there are 60 miles of cabling, two proposed step up facilities for connection to the Railbelt grid, and an electrolyzer facility with gas pipeline connections to ammonium production facilities. There is no backup or supplemental system in place but a possibility to research is whether to include a storage element (pumped storage, modular pumped storage, battery, or other) to the project to keep electricity flowing evenly during slack tides. 1.Proposed Power Generation Units Unit #Resource/ Fuel type Design capacity (kW) Make Model Expected capacity factor Expected life (years) Expected Availability N/A 2.Proposed Thermal Generation Units (if applicable) Generation unit Resource/ Fuel type Design capacity (MMBtu/hr) Make Model Expected Average annual efficiency Expected life N/A AEA 23046 Page of 10/04/20223041 Renewable Energy Fund Round 15 Grant Application – Standard Form 5.4.5 Basic Operation of Proposed Energy System •To the best extent possible, describe how the proposed energy system will operate: When will the system operate, how will the system integrate with the existing system, how will the control systems be used, etc. •When and how will the backup system(s) be expected to be used See the “Proposed System Design” section of the appropriate Best Practice Checklist for additional guidance. Not Applicable in the Reconnaissance Phase 1.Expected Capacity Factor % 2.Annual Electricity Production and Fuel Consumption (Proposed System) Month Generatio n (Proposed System) (kWh) Generatio n (Type 2) (kWh) Generatio n (Type 3) (kWh) Fuel Consumptio n (Diesel- Gallons) Fuel Consumptio n [Other] Secondar y load (kWh) Storag e (kWh) January Not Applicable in the Reconnai ssance Phase February March April May June July August Septembe rOctober Novembe rDecember Total AEA 23046 Page of 10/04/20223141 Renewable Energy Fund Round 15 Grant Application – Standard Form 5.4.6 Proposed System Operating and Maintenance (O&M) Costs O&M costs can be estimated in two ways for the standard application. Most proposed renewable energy projects will fall under Option 1 because the new resource will not allow for diesel generation to be turned off. Some projects may allow for diesel generation to be turned off for periods of time; these projects should choose Option 2 for estimating O&M. 5.4.5.3 Annual Heating Fuel Consumption (Proposed System) Month Diesel (Gallons) Electricity Propane (Gallons) Coal (Tons) Wood (Cords, green tons, dry tons) Other January Not Applicable in the Reconnai ssance Phase February March April May June July August September October November December Total Option 1: Diesel generation ON For projects that do not result in shutting down diesel generation there is assumed to be no impact on the base case O&M. Please indicate the estimated annual O&M cost associated with the proposed renewable project. N/A AEA 23046 Page of 10/04/20223241 Renewable Energy Fund Round 15 Grant Application – Standard Form 5.4.7 Fuel Costs Estimate annual cost for all applicable fuel(s) needed to run the proposed system (Year 1 of operation) 5.5 Performance and O&M Reporting For construction projects only 5.5.1 Metering Equipment Please provide a short narrative, and cost estimate, identifying the metering equipment that will be used to comply with the operations reporting requirement identified in Section 3.15 of the Request for Applications. Not Applicable in the Reconnaissance Phase 5.5.2 O&M reporting Please provide a short narrative about the methods that will be used to gather and store reliable operations and maintenance data, including costs, to comply with the operations reporting requirement identified in Section 3.15 of the Request for Applications Not Applicable in the Reconnaissance Phase SECTION 6 – ECONOMIC FEASIBILITY AND BENEFITS 6.1 Economic Feasibility Option 2: Diesel generation OFF For projects that will result in shutting down diesel generation please estimate: 1.Annual non-fuel savings of shutting off diesel generation 2.Estimated hours that diesel generation will be off per year. 3.Annual O&M costs associated with the proposed renewable project. 1. $ 2. Hours diesel OFF/year: 3. $ Diesel (Gallons) Electricity Propane (Gallons) Coal (Tons) Wood Other Unit cost ($) Not Applicable in the Reconnais sance Phase Annual Units Total Annual cost ($) AEA 23046 Page of 10/04/20223341 Renewable Energy Fund Round 15 Grant Application – Standard Form 6.1.1 Economic Benefit 6.1.2 Economic Benefit Explain the economic benefits of your project. Include direct cost savings and other economic benefits, and how the people of Alaska will benefit from the project. Note that additional revenue sources (such as tax credits or green tags) to pay for operations and/or financing, will not be included as economic benefits of the project. Where appropriate, describe the anticipated energy cost in the community, or whatever will be affected by the project, over the life of the project. Explain how the forecast was developed and provide year-by-year forecasts The economic model used by AEA is available at https://www.akenergyauthority.org/What-We-Do/ Grants-Loans/Renewable-Energy-Fund/2022-REF-Application. This economic model may be used by applicants but is not required. The final benefit/cost ratio used will be derived from the AEA model to ensure a level playing field for all applicants. If used, please submit the model with the application. Not Applicable in the Reconnaissance Phase. Two Technoeconomic Analysis reports with likely economic benefits with Idaho National Lab and National Renewable Energy Lab are planned for 2023. 6.1.3 Economic Risks Annual Lifetime Anticipated Diesel Fuel Displaced for Power Generation (gallons) Not Applicable in the Reconnaissance Phase Anticipated Fuel Displaced for Heat (gallons) Total Fuel displaced (gallons) Anticipated Diesel Fuel Displaced for Power Generation ($) Anticipated Fuel Displaced for Heat ($) Anticipated Power Generation O&M Cost Savings Anticipated Thermal Generation O&M Cost Savings Total Other costs savings (taxes, insurance, etc.) Total Fuel, O&M, and Other Cost Savings AEA 23046 Page of 10/04/20223441 Renewable Energy Fund Round 15 Grant Application – Standard Form Discuss potential issues that could make the project uneconomic to operate and how the project team will address the issues. Factors may include: •Low prices for diesel and/or heating oil •Other projects developed in community •Reductions in expected energy demand: Is there a risk of an insufficient market for energy produced over the life of the project. •Deferred and/or inadequate facility maintenance •Other factors Not Applicable in the Reconnaissance Phase AEA 23046 Page of 10/04/20223541 Renewable Energy Fund Round 15 Grant Application – Standard Form 6.1.4 Public Benefit for Projects with Direct Private Sector Sales For projects that include direct sales of power to private sector businesses (sawmills, cruise ships, mines, etc.), please provide a brief description of the direct and indirect public benefits derived from the project as well as the private sector benefits and complete the table below. See Section 1.6 in the Request for Applications for more information. Not Applicable in the Reconnaissance Phase 6.2 Other Public Benefit Describe the non-economic public benefits to Alaskans over the lifetime of the project. For the purpose of evaluating this criterion, public benefits are those benefits that would be considered unique to a given project and not generic to any renewable resource. For example, decreased greenhouse gas emission, stable pricing of fuel source, won’t be considered under this category. Some examples of other public benefits include: •The project will result in developing infrastructure (roads, trails, pipes, power lines, etc.) that can be used for other purposes •The project will result in a direct long-term increase in jobs (operating, supplying fuel, etc.) •The project will solve other problems for the community (waste disposal, food security, etc.) •The project will generate useful information that could be used by the public in other parts of the state •The project will promote or sustain long-term commercial economic development for the community Not Applicable in the Reconnaissance Phase Renewable energy resource availability (kWh per month) Estimated direct sales to private sector businesses (kWh) Revenue for displacing diesel generation for use at private sector businesses ($)Estimated sales for use by the Alaskan public (kWh) Revenue for displacing diesel generation for use by the Alaskan public ($) AEA 23046 Page of 10/04/20223641 Renewable Energy Fund Round 15 Grant Application – Standard Form SECTION 7 – SUSTAINABILITY Describe your plan for operating the completed project so that it will be sustainable throughout its economic life. At a minimum for construction projects, a business and operations plan should be attached and the applicant should describe how it will be implemented. See Section 11. 7.1.1 Operation and Maintenance Demonstrate the capacity to provide for the long-term operation and maintenance of the proposed project for its expected life •Provide examples of success with similar or related long-term operations •Describe the key personnel that will be available for operating and maintaining the infrastructure. •Describe the training plan for existing and future employees to become proficient at operating and maintaining the proposed system. •Describe the systems that will be used to track necessary supplies •Describe the system will be used to ensure that scheduled maintenance is performed Not Applicable in the Reconnaissance Phase 2.Financial Sustainability •Describe the process used (or propose to use) to account for operational and capital costs. •Describe how rates are determined (or will be determined). What process is required to set rates? •Describe how you ensure that revenue is collected. •If you will not be selling energy, explain how you will ensure that the completed project will be financially sustainable for its useful life. Not Applicable in the Reconnaissance Phase 2.1.Revenue Sources Briefly explain what if any effect your project will have on electrical rates in the proposed benefit area over the life of the project. If there is expected to be multiple rates for electricity, such as a separate rate for intermittent heat, explain what the rates will be and how they will be determined Collect sufficient revenue to cover operational and capital costs •What is the expected cost-based rate (as consistent with RFA requirements) •If you expect to have multiple rate classes, such as excess electricity for heat, explain what those rates are expected to be and how those rates account for the costs of delivering the energy (see AEA’s white paper on excess electricity for heat). •Annual customer revenue sufficient to cover costs •Additional incentives (i.e. tax credits) •Additional revenue streams (i.e. green tag sales or other renewable energy subsidies or programs that might be available) Not Applicable in the Reconnaissance Phase 7.1.2.2 Power Purchase/Sale The power purchase/sale information should include the following: •Identification of potential power buyer(s)/customer(s) •Potential power purchase/sales price - at a minimum indicate a price range (consistent with the Section 3.16 of the RFA) AEA 23046 Page of 10/04/20223741 Renewable Energy Fund Round 15 Grant Application – Standard Form Identify the potential power buyer(s)/customer(s) and anticipated power purchase/sales price range. Indicate the proposed rate of return from the grant-funded project. Include letters of support or power purchase agreement from identified customers. Not Applicable in the Reconnaissance Phase SECTION 8 – PROJECT READINESS 8.1 Project Preparation Describe what you have done to prepare for this award and how quickly you intend to proceed with work once your grant is approved. Specifically address your progress towards or readiness to begin, at a minimum, the following: •The phase(s) that must be completed prior to beginning the phase(s) proposed in this application •The phase(s) proposed in this application •Obtaining all necessary permits •Securing land access and use for the project •Procuring all necessary equipment and materials Refer to the RFA and/or the pre-requisite checklists for the required activities and deliverables for each project phase. Please describe below and attach any required documentation. The TATEG project is still in the Reconnaissance phase, but upon completion of the requested testing and other testing underway from other sources, as well as regulatory and permitting consulting expertise, we will be ready for the next phase, the pre engineering, regulatory and permitting phase. 8.2 Demand- or Supply-Side Efficiency Upgrades If you have invested in energy efficiency projects that will have a positive impact on the proposed project, and have chosen to not include them in the economic analysis, applicants should provide as much documentation as possible including: 1.Explain how it will improve the success of the RE project 2.Energy efficiency pre and post audit reports, or other appropriate analysis, 3.Invoices for work completed, 4.Photos of the work performed, and/or 5.Any other available verification such as scopes of work, technical drawings, and payroll for work completed internally. Not Applicable in the Reconnaissance Phase SECTION 9 – LOCAL SUPPORT AND OPPOSITION Describe local support and opposition, known or anticipated, for the project. Include letters, resolutions, or other documentation of local support from the community that would benefit from this project. Provide letters of support, memorandum of understandings, cooperative agreements between the applicant, the utility, local government and project partners. The documentation of support must be dated within one year of the RFA date of October 4, 2022. Please note that letters of support from legislators will not count toward this criterion. See Letters of Support from The Cook Inletkeepers and the Alaska Center for Energy and Power in attachments. AEA 23046 Page of 10/04/20223841 Renewable Energy Fund Round 15 Grant Application – Standard Form SECTION 10 – COMPLIANCE WITH OTHER AWARDS Identify other grants that may have been previously awarded to the Applicant by AEA for this or any other project. Describe the degree you have been able to meet the requirements of previous grants including project deadlines, reporting, and information requests. While TEC has applied for DOE TEAMER funding for the above referenced studies, we have not begun work. There are no met requirements yet we can point to. SECTION 11 – LIST OF SUPPORTING DOCUMENTATION FOR PRIOR PHASES In the space below, please provide a list of additional documents attached to support completion of prior phases. TEC is in the initial Reconnaissance phase and has no prior phase work to attach. SECTION 12 – LIST OF ADDITIONAL DOCUMENTATION SUBMITTED FOR CONSIDERATION In the space below, please provide a list of additional information submitted for consideration. Please see the following documentation submitted before this application in BACKGROUND AND OVERVIEWC: Turnagain Arm Tidal Electricity Generation (TATEG) and AGHI Alaska Green Hydrogen Initiative poster (AGHI) TATEG Pilot and Scaling Turnagain Arm Tidal Energy Research Site (TATERS) Please see the following documentation submitted after this application in ATTACHMENTS: TATEG Project Area Map and Coordinates Estimate of Potential Tidal Power Letter of Support Alaska Center for Energy and Power. Letter of Support Cook Inletkeepers Tidal Energy Corp Key Personnel Resumes and Duties. Terrasond Turnagain Arm Bathymetry Proposal. 48 North Regulatory and Permitting Proposal. Corporate Resolution Authorization of Chris Lee to Represent Turnagain Arm Tidal Energy Corp for AEA REF 15. AEA 23046 Page of 10/04/20223941 Renewable Energy Fund Round 15 Grant Application – Standard Form SECTION 13 – AUTHORIZED SIGNERS FORM Authorized Grant Signer(s): I authorize the above person(s) to sign Grant Documents: (Must be authorized by the highest ranking organization/community/municipal official) Grantee Contact Information: Please submit an updated form whenever there is a change to the above information. Community/Grantee Name: Turnagain Arm Tidal Energy Corp Regular Election is held:N/A Date:12/5/2022 Printed Name Title Term Signature Chris Lee President and CEO Printed Name Title Term Signature Chris Lee President and CEO Mailing Address:821 N St., Suite 207 Anchorage, AK 99501 Phone Number:(907) 274-7571 Office (504) 875-8223 Mobile Fax Number:N/A Email Address:lee@tidalenergycorp.com Federal Tax ID #:86-2612157 AEA 23046 Page of 10/04/20224041 Renewable Energy Fund Round 15 Grant Application – Standard Form SECTION 14 – ADDITIONAL DOCUMENTATION AND CERTIFICATION SUBMIT THE FOLLOWING DOCUMENTS WITH YOUR APPLICATION: A.Contact information and resumes of Applicant’s Project Manager, Project Accountant(s), key staff, partners, consultants, and suppliers per application form Section 3.1, 3.4 and 3.6. Applicants are asked to provide resumes submitted with applications in separate electronic documents if the individuals do not want their resumes posted to the project web site. B.Letters or resolutions demonstrating local support per application form Section 9. C.For projects involving heat: Most recent invoice demonstrating the cost of heating fuel for the building(s) impacted by the project. D.Governing Body Resolution or other formal action taken by the applicant’s governing body or management per RFA Section 1.4 that: •Commits the organization to provide the matching resources for project at the match amounts indicated in the application. •Authorizes the individual who signs the application has the authority to commit the organization to the obligations under the grant. •Provides as point of contact to represent the applicant for purposes of this application. •Certifies the applicant is in compliance with applicable federal, state, and local, laws including existing credit and federal tax obligations. E.An electronic version of the entire application on CD or other electronic media, per RFA Section 1.7. F.CERTIFICATION The undersigned certifies that this application for a renewable energy grant is truthful and correct, and that the applicant is in compliance with, and will continue to comply with, all federal and state laws including existing credit and federal tax obligations and that they can indeed commit the entity to these obligations. Print Name Chris D. L. Lee Signature Title President and CEO Date 12/5/2022 AEA 23046 Page of 10/04/20224141 ATTACHMENTS TATEG PROJECT AREA COORDINATES In Degrees, minutes, decimal seconds In Decimal Degrees A. 61º 0’ 48’’ N, 150º 28’ 00’’ W 61.01333, -150.46666 B. 61º 3’ 22.61’’ N, 150º 20’ 00’’ W 61.05628, -150.52914 C. 61º 7’ 20.35’’N, 150º 29’ 24.83’’ W 61.12232, -150.49023 D. 61º 7’ 16.75’’ N, 150º 13’ 19.6’’ W 61.12132, -150.22211. E. 61º 12’ 10.37’’ N, 150º 5’ 32.21 W 61.20288, -150.09228 F. 61º 12’ 10.58’’ N, 150º 1’ 29.75 W 61.20294, -150.02493. G. 61º 7’ 3.25’’ N, 149º 57’ 33.7’’W 61.11757, -149.95936. H. 61º 0’ 0’’ N, 150º 9’ 59.98’’ W 61, -150.16666 I. 61º 0’ 00’’ N, 150º 19’ 6.06’’ W 61, -150.31835. TOTAL TATEG AREA 355 SQUARE KILOMETERS TATEG Project Area Assuming turbines are spaced 10X their rotor diameter to allow for tidal power regeneration. 10m diameter rotors = 100m spacing, or 10 units per km. 10 rows X 10 columns per km = 100 turbine sites per square km. 100 turbines sites per square km X 25 square km = 2,500 potential turbine sites. Zone D - 17.7 km X 5.5 km = 98 square km total. High speed area with at least 10M clearance - approximately 20% of Zone D or 20 Square km. Zone A1 - 9.1km X 2.5 km = 23 square km total. High speed area with at least 10M clearance - approximately 25% of Zone A1 or 5 Square km. Total potential hotspot area - 25 square km The electrical power output is the hydrodynamic power times the water-to-wire efficiency. Each 10m diameter turbine should annually deliver between 219 MWh/yr (2m/s peak @ 20% capacity factor) and 1,490MWh/yr (3m/s peak @ 40% capacity factor) Low end estimate: 219MWh/yr X 2,500 sites = 547,500MWh/yr High end estimate: 1,490MWh/yr X 2500 sites = 3,723,000MWh/yr ESTIMATE OF POTENTIAL TIDAL POWER The hydrodynamic power is 1/2 X water density or rho X Area X Velocity3. Assuming 10m dia rotors at 2m/s and 40% water to wire efficiency: 1/2 X 1000 kg/m3 X [pi X (10m/2)2] X 2m/s3 X .40 = 125 kW 10m diameter roters at 3m/s = 425kW Estimated MW installed capacity range: 0.125MW X 2500 = 312MW to 0.425MW X 2500 = 1062MW Use Average of these 10m rotor range to estimate cost per MW installed = 687MW installed. ***NOTE: MWhr/yr will change drastically UPWARD if a significant percentage of sites can support deployment of larger rotors, and further upward if turbines can be spaced less than 10X diameter apart. A certain percentage of the 2,500 potential turbine sites will not be viable, this will change MWh/yr DOWNWARD. Some of these sites may have depth for multiple turbine solutions, pushing MWh/yr UPWARD. The Bathymetry study requested in this application will be crucial in defining these issues and numbers.*** Alaska Center for Energy and Power • University of Alaska Fairbanks • 1764 Tanana Loop – ELIF Suite 404 P.O. Box 755910 • Fairbanks, Alaska 99775-5910 • Tel: (907) 474-5402 • Fax: (907) 474-5475 UAF is an AA/EO employer and educational institution and prohibits illegal discrimination against any individual: www.alaska.edu/nondiscrimination. 02 December 2022 Re: Alaska Energy Authority REF Round 15 Grant Application – Tidal Energy Corp Please accept this letter of support for Tidal Energy Corp’s REF Round 15 application to support bathymetry survey and regulatory and permitting consulting for their Point Possession tidal energy project. TEC is a long-term player in the effort to harness the immense Cook Inlet tidal energy resource for the benefit of Alaskans. The proposed area of study covered by TEC’s existing FERC permit is an area of prime opportunity deserving of rigorous consideration. TEC has engaged the leading tidal experts in the country at NREL and PNNL and is taking a detailed approach to the project that is commendable. The bathymetry scope that TEC is proposing is the logical next step in the development process and the regulatory and permitting consulting scope is prudent and necessary. I encourage the funding of this proposal to take a key step forward towards the development of the Cook Inlet tidal energy resource. Sincerely, Ben Loeffler UAF Pacific Marine Energy Co-Director Alaska Center for Energy and Power bhloeffler@alaska.edu 907-888 -2569 December 2, 2022 Alaska Energy Authority 813 W Northern Lights Blvd Anchorage, AK 99503 Re: Renewable Energy Fund, Round 15 To Whom This May Concern: Cook Inletkeeper supports Turnagain Arm Tidal Energy Corporation's application for grant funding through the Renewable Energy Fund. Cook Inletkeeper is a nonprofit dedicated to protecting Cook Inlet and the life it sustains. Supporting renewable energy is crucial to this mission, both to mitigate the destruction of climate change to our ecosystems and lifestyles, and to conserve diminishing supplies of Cook Inlet natural gas. Tidal generation is an emerging technology with great potential for bringing renewable energy to the Railbelt. To this end, we support Turnagain Arm Tidal Energy Corporation's request for a Renewable Energy Fund grant for bathymetry and seafloor studies, as well as regulatory consultation. Bathymetry and seafloor data for Turnagain Arm will be important for the viability of this project and beneficial to the general development of safe and sustainable tidal power. It's our understanding that the Turnagain Arm Tidal Electric Generation Project's current plans are to create an array of in-stream tidal turbines without the barrage or tidal fence planned in earlier iterations. This is a welcome change that strengthens the project and makes it more likely to be compatible with the health of Cook Inlet ecosystems. Determining whether or not such a tidal turbine array is feasible in the seafloor conditions of Turnagain Arm is worth investment of Renewable Energy Fund grant money. Sincerely, Sue Mauger Science & Executive Director KEY PERSONNEL CONTACT, RESUMES AND DUTIES Chris D. L. Lee, Project Manager and Project Developer Phone: Office (907) 274-7471, Cell (504) 875-8223 Mr. Lee is the President and CEO of Tidal Energy Corp, an independent energy development company. Mr. Lee is also the President of the Little Susitna Construction Co., an architectural, mechanical, electrical, civil, and structural engineering and construction firm operating in Alaska since 1980. Mr. Lee earned a B.S. in Biology and M.S. in Cellular and Molecular Biology from Tulane University. Mr. Lee worked for Little Susitna Construction as a project manager and planned, directed, coordinated, and budgeted a wide variety of construction projects, including the building of residential, commercial, and industrial structures, as well as the renovations of schools and hospitals. He has supervised dozens of projects from both the home office and in the field, including the building of US Post Offices in seventeen villages above the Arctic Circle. Scheduled and coordinated all design and construction processes, including the selection, hiring, and oversight of specialty trade contractors, such as carpentry, mechanical, and electrical subs, and coordinated and supervised the construction process from the bid documents through final construction, and has delivered millions of dollars of engineering and construction projects on time and within budget. Mr. Lee’s project management skills have also served him in a twenty five year career in the entertainment industry as a creator, producer and project developer. Mr. Lee is owner of and producer for Ursa Rex Corp, a production company of Film, Television, Music, and Theater projects for clients such as Disney, Universal/NBC, Turner/Cartoon Network, ABC, CNBC, Style Network, Sony, Endemol and Bender-Brown among many others. Mr. Lee was also the Singer/Songwriter/Rhythm Guitarist for the rock band Supagroup. He made seven albums for three record companies, had three top forty hits, and played over 1,200 live shows with a who's who of rock and metal around the globe over a fifteen year career. Mr. Lee’s duties include: •Project Development •Project Management •Overall project direction and conceptual design. •Setting strategic goals, tasks and timelines. •Partnership engagement and development. •Financing engagement and development. •Team building and development. •Stakeholders and Public engagement. •Government relations - Federal delegations and agencies. •Government relations - State and local delegations and agencies. •Delegation and division of labor. •Monitoring data for correcting errors and adaptive management. •Grant award project management and communication. Tammie Smith - TEC General Manager, Assistant Project Manager and Project Accounting Manager. Phone: Office (907) 274-7571 Cell (907) 440-6376 •Ms. Smith has 34 years of project management, government contracting, administrative and accounting support services experience in diverse business settings, including Fortune 100 companies, architectural/engineering and construction fields, project management, administrative services, and project development settings. Ms. Smith served as the Project Administrator for a 10 year, nation-wide Capital Improvements project management contract for the U.S. Coast Guard with a construction cost of $1.5 billion, overseeing all bookkeeping and accounting on the company side. Mrs. Smith is well versed in the development of this tidal project through her research and experience in federal and state regulatory processes; leading the team in interactions with utilities, local, state, and federal regulatory personnel; preparing and filing required documents with FERC, and dozens of federal and state agencies. Ms. Smith’s duties include: •TEC General Manager responsible for day to day operations. •Managing project accounting and financial oversight from the TEC side. •Regulatory and permitting communication and administration. •Government communications with Federal, State, Borough and City agencies. •Grant award accounting and administration. •Subcontracts and subcontractor management. •Data management and administration. •Deliverables management and administration. Rebecca Rindal, CPA - Project Accountant Managing Partner at Sramek-Hightower, CPAs - Phone: (907) 677-3310 Rebecca has been the Firm’s managing Partner for two years. She has been in public accounting for over nine years. She has been the CPA for TEC’s sister company Little Suisitna Construction Co for nine years. She is a Certified Public Accountant licensed in the State of Alaska and the State of Montana and has developed a broad range of experience and provides her professional services with proficiency and understanding. Rebecca is a member of the American Institute of Certified Public Accountants and the Alaska Society of Certified Public Accountants. Accountants and the Alaska Society of Certified Public Accountants. Mrs. Rindal will manage the accounting from the CPA side. Freddie Sue Lee, M.A. - Chief Technical Writer and Quality Assurance/Quality Control Officer. Phone: Office (907) 274-7571, Cell (907) 250-1204 Mrs. Lee has a B.S and M.A. degree in English Writing from the University of Missouri. She has expertise in multiple areas of technical writing such as bid documents, grant writing, scientific writing, resource assessments, feasibility analysis, contracting, quality assurance and quality control, construction project management, federal and state guidelines and requirements among many others. Mrs. Lee is also deeply experienced in FERC, stakeholder, federal regulatory agency, state regulatory agency, and native community communication. Mrs. Lee’s duties include: •Managing quality control and quality assurance. •FERC, stakeholder, federal/state regulatory agency, and native community communication. •Daily, weekly, and monthly QA/QC reports. •Daily, weekly and monthly project management reports. •Grant award writing and administration. •FERC and Regulators requirement management and day to day point of contact. •Stakeholder engagement management and day to day point of contact. •Subcontracts/subcontractor writing and management. •Technical writing deliverables, management and administration. Cam Fisher, Project Manager, 48 North (206) 900-1388 Ext. 2, C: (206) 714-5474, cfisher@48northsolutions.com. Resume in 48 North Proposal. Mr. Scott Croft, Senior Operations Manager, TerraSond. Scott@terrasond.com, (907) 745-7215. Resume in TerraSond Proposal. Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 1 TERRASOND LIMITED PROPOSAL Turnagain Arm, Cook inlet, Alaska Bathymetric Survey Tidal Energy Corp 821 N Street Suite 207 Anchorage, Alaska 99501 Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 2 CONFIDENTIALITY AND COPYRIGHT STATEMENT This proposal contains information of a confidential nature (hereinafter referred to as "the Information") which is proprietary to, and the copyright of the TerraSond Limited, together with all subsidiary operations (herein after referred to as "TENDERER"). By accepting this document, you (herein after referred to as "COMPANY”) agree to respect the nature of the Information provided herein and furthermore you, the COMPANY, undertake to ensure the Information is only passed on to persons with a "need to know" and will return, upon first demand of TENDERER, any Information so requested. REVISION CHANGES REVISION DATE DESCRIPTION OWNER REVIEWER APPROVER 0.1 21 Nov 2202 Issued to Client WJL GP GP TerraSond Proposal Reference: P2022-041218 Client Reference: Northland Power TerraSond – P2022-043851 Rev.0.1 Page 2 Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 3 TABLE OF CONTENTS 1. LIST OF ABBREVIATIONS ........................................................................................................................ 4 2. DEFINITIONS ............................................................................................................................................. 5 3. SCOPE OF WORK ..................................................................................................................................... 6 3.1 Equipment .................................................................................................................................................8 3.2 Survey .................................................................................................................................................... 10 3.3 Daily Offshore Products ......................................................................................................................... 10 4. SAFETY, PREPARATION AND LIMITATIONS .......................................................................................14 4.1 Training .................................................................................................................................................. 14 5. PROCESSING AND DELIVERABLES .....................................................................................................15 6. PROJECT SCHEDULE ............................................................................................................................16 7. PROJECT COST ESTIMATE ...................................................................................................................16 8. COMMERCIAL OFFERING ......................................................................................................................17 9. PERSONNEL ............................................................................................................................................18 9.1 Project and Technical Managers ........................................................................................................... 18 9.2 Processing and Reporting Coordinators ................................................................................................ 19 9.3 Survey and Marine Crew ....................................................................................................................... 21 10. COMMUNICATION PLAN ........................................................................................................................22 10.1 Project Communications ........................................................................................................................ 22 10.2 Management of Change ........................................................................................................................ 22 LIST OF FIGURES Figure 3-1 Turnagain Arm MBES survey site. ..........................................................................................................7 Figure 3-2 R/V Vessel Qualifier 105 operated by Support Vessels of Alaska, Inc. ..................................................9 Figure 3-3 L3Harris C-Worker 5 ASV. Operated by L3Harris ..................................................................................9 Figure 3-4 Survey Zones A1 and D. Note the placement of the NOAA ADCP’s ................................................... 11 Figure 3-5 Ebb flow ............................................................................................................................................... 12 Figure 3-6 Flood flow ............................................................................................................................................ 13 Figure 10-1. Example of Communication Plan ...................................................................................................... 22 Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 4 LIST OF TABLES Table 2-1. Definitions ................................................................................................................................................5 Table 3-1 Equipment and Software ..........................................................................................................................8 Table 7-1 Cost Estimate ........................................................................................................................................ 17 1. LIST OF ABBREVIATIONS BMS Business Management System AK State of Alaska DGPS Differential Corrected Global Positioning System DPR Daily Progress Report GIS Geographic Information System GPS Global Positioning System HAZID Hazard Identification QHSE Quality, Health, Safety, and Environment kHz kiloHertz IHO International Hydrographic Organization IMCA International Marine Contractors Association IMU Inertial Motion Unit ISM International Safety Management ISO International Safety Organization MBES Multibeam Echosounder MLLW Mean Lower Low Water NAD North American Datum PDF Portable Data Format PEP Project Execution Plan POS MV Position and Orientation System for Marine Vessels Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 5 QA Quality Assurance QC Quality Control R/V Research Vessel SIMOPS Simultaneous Operations SOLAS Safety of Life at Sea SOP Standard Operating Procedure USA United States of America 2. DEFINITIONS The following definitions detail the companies involved in this TerraSond Proposal. Table 2-1. Definitions Term Definitions COMPANY Tidal Energy Corp, Inc. CONTRACTOR This shall refer to TerraSond Limited PROJECT Turnagain Arm Bathymetric Survey STAKEHOLDERS Companies or personnel with project involvement outside of COMPANY and CONTRACTOR. This includes companies who are responsible for work scopes outside those included herein. For technical requirements of all items described in this proposal the following terms are defined as follows: ▪ “Shall” – Mandatory course of action. ▪ “Should” – Preferred course of action. ▪ “May” – Possible course of action. Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 6 3. SCOPE OF WORK TerraSond Limited (TerraSond) is pleased to submit the following proposal for a multibeam echo sounder, (MBES) bathymetric survey of the western portion of Turnagain Arm in Cook Inlet, Alaska. This survey is intended to provide a detailed characterization of the bathymetry for the purpose of selecting candidate sites for placement of a tidal powered electrical turbines. The proposed survey site is depicted in Figure 2-1. The survey will cover the areas depicted as Zone A1 and Zone D in Figure 2 -1. The depth range of the survey will be restricted to areas with depths of 10 meters or more at MLLW. The areas in Figure 2-1 designated as exclusion zones are either too shallow to be surveyed with the proposed vessels or shallower than the 10 meters depth cut off specified by the client. The exclusion zones will not be surveyed. The line spacing will be set to allow 200% coverage of the survey zones. The initial survey acquisition will be with respect to the ellipsoid. Then depths will be referenced to MLLW with NOAA established tide station data and local tidal models as applicable. The survey will be conducted using the Qualifier 105, (Q105) chartered from Support Vessels of Alaska. The Q105 will carry with it an L3 Harris C-Worker 5 Autonomous Surface Vehicle, (ASV). Survey operations will be conducted around the clock, weather and other conditions permitting, by both vessels. During transit and survey activities the Q105 will function as the support vessel for the ASV and its staff, as well as TerraSond staff. It is anticipated that the Q105 will refuel and resupply in its home port of Homer, Alaska. Then it will transit to the survey site at Turnagain Arm. The resupply and transit will each take approximately 24 hours. Once on site the Q105 and the ASV will commence survey acquisition operations. Subject to weather and technical issues it is anticipated that survey acquisition will take up to 18 days. Once the survey activities are complete the Q105 with the ASV and all technical crew will return to Homer and demobilize. TerraSond will prepare and deliver to the client a set of cartographic products that depict the current bathymetry and identify potential hazards to construction as identified in the bathymetric seafloor surface. The survey geodetics will be as presented below. Horizontal datum UTM Zone 5 (meters) NAD83 GRS80 ellipsoid Vertical datums Survey acquisition will be relative to the ellipsoid. Soundings will be referenced to MLLW in post processing Final products in alternative datums and coordinate systems can be prepared if requested by the client. Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 7 Figure 3-1 Turnagain Arm MBES survey site. Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 8 3.1 Equipment TerraSond will use the following equipment for the survey. If a particular piece of equipm ent is not available or is damaged during the survey a suitable equivalent substitution will be used. Equipment manufacturer cut sheets are in Appendix 1. Table 3-1 Equipment and Software Component Model Description Primary Vessel R/V Qualifier 105 105 ft survey vessel chartered from Support Vessels of Alaska Autonomous vessel L3 Harris C-Worker 5 ASV 5.5 m autonomous survey vessel Multibeam echo sounder Teledyne T50 Acquisition of raw sounding data Sound Velocity Probe Teledyne Rapid Cast with Valeport Swift Water column temperature and speed of sound Inertial Motion Unit POSMV Wavemaster II Real time position and attitude GNSS / GPS Hemisphere Atlas w/ H10 correctors Differentially corrected GPS positions Acquisition and navigation Software QPS QINSy Navigation and integration of data streams in real time. MBES processing QPS Qimera Process MBES data and produce bathymetric data Charting software ESRI ArcMAP & AutoCAD Produce hard copy and digital cartographic products, Spatial analysis Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 9 Figure 3-2 R/V Vessel Qualifier 105 operated by Support Vessels of Alaska, Inc. Figure 3-3 L3Harris C-Worker 5 ASV. Operated by L3Harris Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 10 3.2 Survey There are two survey zones. These zones are designated Zone A1 and Zone D respectively. The zones were selected based on the high flow velocities during ebb and flood tides and consultations during several video conference conversations. Also, their depth range is sufficient to allow bottom placement of a turbine. Additionally, NOAA placed ADCP’s within each of the designated zones. The ADCP’s were placed circa 2012. They collected approximately 30 days of 3D current data. NOAA used the data to compute the flow constituents and generate a model for future current predictions. This data can be used to estimate the expected performance of a given turbine placed in the survey areas. Figures 2-4, 2-5, 2-6. Zones A1 and D are 9.1 km x 2.5 km and 17.7 km x 5.5 km respectively. Their respective areas are 23 km2 and 98 km2. The survey will acquire 200% coverage in each zone. With this in mind, the line spacing was computed based on the approximate average depths and an MBES head with a swath angle of 60o either side of the nadir. The planned line spacings are 25 meters in Zone A1 and 35 meters in Zone D. These spacings may be modified in the field as required to insure adequate coverage. Zone A1 will require approximately 921 line kilometers to complete, and Zone D 1,931 km of line. The Q105 and the ASV will be operated simultaneously during the survey. Both vessels will operate around the clock subject to weather and other environmental conditions. When operated together in this manner the acquisition rate in terms of line kilometers is increased by a factor of 1.5 to 1.75. The Q105 will focus on the long run lines while the ASV will work in areas that are more shoal and require shorter lines. Sound velocity casts will use a Teledyne Rapid Cast equipped with a Valeport swift. Casts are initially planned for an interval of four hours. This interval may be adjusted in the field as necessary. Survey depths will be acquired with respect to the ellipsoid. During post processing the raw data will be referenced to MLLW. This will be accomplished by use of the published NOAA tide level data at Point Possession, (9455866) and Fire Island, (9455912) as well as local tidal modeling as necessary. 3.3 Daily Offshore Products Each day the offshore processor will prepare the following products . Daily geotiffs will have 50 cm resolution 1. A geotiff for the day’s acquisition 2. A geotiff of cumulative area coverage up to that day 3. A Daily Field Report that summarizes the day’s activities, progress, issues, and future planned survey. Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 11 Figure 3-4 Survey Zones A1 and D. Note the placement of the NOAA ADCP’s Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 12 Figure 3-5 Ebb flow Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 13 Figure 3-6 Flood flow Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 14 4. SAFETY, PREPARATION AND LIMITATIONS Multibeam surveys are generally able to accommodate the active site conditions of a job site. Every effort will be made to acquire 200% percent coverage within the specified area. However, the party chief and vessel master will make the final determination on site as to the safety of acquisition activities. They will modify or curtail activities that in their best judgment pose unacceptable risk to crew, equipment, environment, and flora or fauna. Survey vessels are also limited to a minimum depth of 3.0 meters below the sonar head. If conditions warrant the party chief and vessel master may increase this depth at their discretion. At TerraSond, Quality, Health, Safety and Environment (QHSE) are central to all our operations, and we believe that a strong QHSE focus underpins the ongoing growth and success of the company. Personnel are committed to meeting customer needs by supplying the highest quality solutions, conducting all work in a safe manner, minimizing damage to the environment, and delivering cost-effective operations. QHSE control is an intrinsic requirement of all TerraSond operations. To this end TerraSond has developed/ participates in the Geo-Services Business Management System (BMS) and has achieved certifications under the International Safety Organization’s Quality Standard (ISO 9001), Environmental Standard (ISO 14001), and Occupational Health and Safety Standard (ISO 45001). The BMS contains policies and procedures that are focused on our overall QHSE goal of no harm to people, communities, or the environment. These policies, procedures, and processes contribute to the overall aim of the organization to have no incidents and communicate the company’s commitments and requirements to customers, suppliers, and employees. Although the BMS is overarching, TerraSond retains some policies, procedures, and guidance via the Legacy TerraSond Management System, provides employees access to these documents through our SharePoint site, and can provide access to requested documents via email . Typically, TerraSond will prepare a Project QHSE plan, a Project Emergency Response Plan, and a Project Hazard and Risk Analysis (Risk Register). Additional requirements can be met, upon request. 4.1 Training TerraSond operates from a detailed employee train ing matrix, and has particular interest in all field personnel meeting the following minimum requirements for work as members of an offshore survey crew: 1. OGUK Medical Fitness Examination 2. BOISET / FOET Offshore Survival Training 3. Offshore Rigging and Lifting Training (API RP 2D 7th Edition) Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 15 4. Fall Protection/Rescue (Working at Heights) Training Various other Occupational Safety Training Requirements, to assist in providing a safe work environment. These statements address the minimum training requirements set forth in our training plan, and matrix. TerraSond welcomes comment from the client and will endeavor to meet or exceed any requirements for personnel training. 5. PROCESSING AND DELIVERABLES Acquired MBES data will be assessed in real time by the offshore staff as it is aquired. The acquisition technician will focus on the quality of the navigation and sounding data streams. Particular attention will be paid to identifying disruptions to the naviga tion stream and depth soundings. After acquisition the offshore processors complete a preliminary QA/QC check of the data. This will include a preliminary preparation of a bathymetric surface. As part of this surface production the processor will do the following tasks. 1. Inspect the navigation data. 2. Apply the sound velocity data. 3. Apply the initial tide corrections. 4. Prepare an initial bathymetric surface. 5. Compute the preliminary propagated uncertainty in the surface. 6. Prepare a sounding density surface. 7. Identify coverage gaps. 8. Prepare daily geotiff image. 9. Prepare a cumulative geotiff image. 10. Any additional ad hoc products as needed. Final processing of all data will be performed by the TerraSond onshore production team. All data streams will undergo additional QA/QC checks and receive enhanced corrections. An updated tide model will be applied, application of SVP’s will be reassessed, bathymetric surfaces will receive additional cleaning. The following final deliverables will be prepared. 1. Tide corrected bathymetric surfaces for Zone A1 and Zone D referenced to MLLW . 2. A gridded surface file in ASCII XYZ format. 3. Detailed charts of both survey zones. 4. Geotiff images of the final bathymetric surfaces. 5. A comprehensive project report that will include the following. Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 16 a. Vessel mobilization report. b. A diary of field activities and field reports. c. Documentation of offshore and onshore processing procedures. d. Documentation of data acquisition procedures. e. Documentation of acquisition equipment. 6. PROJECT SCHEDULE Synergies with TerraSond’s 2023 NOAA Program will be maximized to provide cost savings to Tidal Energy Corp. The NOAA program will be conducted between June 1 and mid-August. The Q105 and C-Worker 5 will return from the Western Alaska survey area to the Port of Homer where it will take on fuel and provisions for the Turnagain Arm survey for Tidal Power Corp. A crew change is anticipated at this time. No crew changes are planned once the Upper Cook Inlet survey is initiated. The two survey polygons are arranged to align with tidal current “hot spots” with water depths greater than 10 m. Both polygons will be surveyed for a total survey duration of ~18 days inclusive of down time for weather and technical survey constraints (i.e., acquisition limitations during extreme tide fluxes with currents greater than 3 kts may require “dead head” survey strategy – one way survey into the current to ensure data quality). 7. PROJECT COST ESTIMATE Project Administration and Pre-Mobilization Planning and Preparation Tasks includes: 1. Project Management. 2. QHSE Document Preparation / Risk Analysis. 3. Contract Administration. 4. Equipment Preparation. 5. Equipment and personnel transport to site. Survey Tasks include: 1. Field Hydrographers’ Labor 2. Survey Vessel 3. Survey Equipment 4. Computer hardware and software 5. PM and other office support and oversight Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 17 6. Processing of data and deliverables 7. Vessel moorage Exclusions and assumptions: • All tasks are offered on a Lump Sum, all-inclusive basis providing price certainty for client. • Work outside the scope of this quotation will be billed at an hourly rate. Table 7-1 Cost Estimate Task Basis Price Project Administration and Pre- Mobilization Planning and Preparation Lump Sum $24,124 Crew Mobilization Lump Sum $12,660 Vessel Mobilization Lump Sum $27,210 Vessel Transit Lump Sum $39,169 MBES Survey w/ Contingency Lump Sum $741,600 Vessel Transit Lump Sum $39,169 Vessel Demobilization Lump Sum $21,100 Crew Demobilization Lump Sum $12,660 Processing Lump Sum $18,128 Charting & Reporting Lump Sum $5,079 Total $940,899 8. COMMERCIAL OFFERING TerraSond is offering this cost estimate with our 2023 calendar year rates valid for the entire year. This survey is offered as fixed lump sum cost with TerraSond assuming the operational and weather risks during operations. The surveys is planned to be accomplished following the completion of our 2023 NOAA Office if Coast Survey Task Order in August. Q105 and the C-Worker 5 will be fully mobilized and ready for survey providing a cost savings of ~$100,000 to Tidal Energy Corp. Vessel demobilization costs shall also be covered substantially by our Task Order including the return shipping of the ASV estimated to be ~$50,000. Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 18 9. PERSONNEL Key TerraSond project staff are detailed in the following section. CVs for the Key Project Team members are available upon request. Field staff assignment are subject to schedule availability at the time of survey. 9.1 Project and Technical Managers The professional qualifications of the onshore management team are presented below. Mr. Scott Croft, MBA, is TerraSond's Senior Operations Manager. Mr. Croft supervises the project management team to ensure that company and customer technical and HSEQ objectives are fulfilled. He will oversee and ensure all allocation, logistics, and QC processes are being done correctly and efficiently in order to not interrupt production with a priority to accomplish the work safely. Mr. Scott Croft has an MBA and over 27 years of experience in all aspects of survey including execution and management at every level. He has extensive operational experience with all types of surveys made up of many years of experience managing large-scale complex worldwide efforts dealing with hydrographic and geophysical surveys. This includes offshore wind, fiber optic cable routes, AUV, geophysical, and land surveys around the globe. Mr. David Fitts is a Senior Project Manager at TerraSond. As Senior Project Manager, Mr. Fitts will liaise directly as the primary point of contact with the management team to ensure a coordinated effort towards the success of the project. He will work with internal staf f and departments to deliver the project while fulfilling technical, contractual, and commercial requirements. David has a Bachelor of Science in Industrial Technology from the College of Engineering at the University of Louisiana at Lafayette and extensiv e industry training from the Scripps Institute of Oceanology, UNB, Old Dominion University, NOAA, and Navtech Seminars ranging from seafloor, and hydrographic surveying to GPS operation for engineers. He has over 17 years of industry experience with many hydrographic sonars and sensors (MBES, SSS, SBP, CTD, GPS, MRU, INS). Based in the US, Mr. Fitts will work with internal staff and departments to deliver the project while fulfilling technical, contractual, and commercial requirements. Mr. Mark MacLean, as the Technical Authority, also supports TerraSond as an Offshore Senior Party Chief with over 22 years of experience in all aspects of hydrographic, ROV/trencher, pipe lay, oil and gas construction, cable lay, and land surveying. He has held positions as Surveyor, Data Processor, Party Chief, and Cable Route Engineer and provided conventional surveys and mobilizations, local logistical support on international projects, general operations management for all projects as well as HSE management in the field and in the office Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 19 environment. Mr. MacLean is currently involved in commercial sales in bidding of future projects. Main responsibilities have been leading most of the overall design of the surveys, along with the costing of vessels, equipment, and personnel to be utilized. Ms. Darla Kuntz joined TerraSond in 2020 and serves as Health, Safety, Environmental and Quality Advisor (HSEQ). In this role she leads the development and implementation of the HSEQ Management System driving processes, standards, and improvement initiatives across company business operations. In addition, she provides support and advisement to TerraSond Leadership on all matters regarding HSEQ policy and regulatory compliance. Ms. Kuntz has 20 years of experience in both domestic and international organizations across a spectrum of industries including oil and gas, maritime, manufacturing, and construction. Previously, Ms. Kuntz held positions as Manager of Health, Safety and Environment; Tendering Manager; HSE Advisor; Safety Coordinator; and Regional Safety Coordinator. Education includes a Bachelor of Science in Occupational Safety and Health. Certifications include Certified Safety and Health Manager (CSHM), Internal Auditor Certifications in ISO 9001, Root Cause Incident Investigator, Advanced Maritime Incident Investigator, ISM Auditor, Confined Space Entry Supervisor, IOSH Managing Safely, a Texas Notary Republic among multiple others. Mr. Jared Corne joined TerraSond in 2021 and serves as Health, Safety, Environm ental and Quality Advisor (HSEQ). In this role he works toward the development and implementation of the HSEQ Management System, driving processes, standards, and improvement initiatives across company business operations. In addition, he provides support and advisement to TerraSond Leadership on all matters regarding HSEQ policy and regulatory compliance. Mr. Corne has 35 years of experience in both domestic and international organizations across a spectrum of industries including oil and gas, maritime, and construction. Previously, Mr. Corne held positions as Manager of Health, Safety and Environment; HSE Consultant; HSE Advisor; Safety Coordinator; and Regional Safety Coordinator. Education includes advanced training in Emergency Medical Practices, Emergency Response, and Rescue. Certifications include OSHA 30 for Construction, Root Cause Incident Investigator, PSM Incident Investigator, Confined Space Entry Supervisor / Rescue Team Lead, Radiation Safety Officer, and training as an instructor in various Occupational Safety Topics, among multiple others. 9.2 Processing and Reporting Coordinators Dr. Alberto Gaudio is the Geoscience and Production Manager at TerraSond with 13 years of experience in the industry. He has a PhD in Geology from the University of Turin (Italy) and before he became the Geoscience Manager at TerraSond, where he has been working on multiple offshore windfarm projects, he was the Geophysical Project Manager at UTEC Survey Inc. Alberto has worked worldwide on offshore and onshore geophysical surveys and responsible for data processing, interpretation, reporting, and charting. As the Production Manager he is responsible for the overall progression and completion of data product and Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 20 reporting on the scheduled timeline. Dr. Gaudio will manage resources, quality control procedures and interact with the clients to ensure the deliverables meet specif ication and are satisfactory. The Production and Technical Manager are in constant communication to ensure a high-quality data set is collected, processed, interpreted, and delivered on -time. Mrs. Tanya Baker is a Production Lead and a NSPS-THSOA Certified Hydrographic Surveyor who has worked at TerraSond for over 13 years. She is very proficient at aiding in planning, supporting field efforts, quality control, processing, analyzing, and producing deliverables for clients. She has extensive experience processing many different types of data sets including Post-Processed Kinematic (PPK) GPS to enhance positional accuracy to topography, bathymetry, LIDAR, and photogrammetry. Mr. Jose Cervantes holds a Masters in Geophysics and has over five years of geophysical surveying and GIS experience. Mr. Cervantes has experience in acquiring and processing geophysical data to meet tight deadlines and turnaround times. Mr. Cervantes has taught others various geophysical and GIS software packages for data processing and visualization. Jose has managed geophysical sensors data and deliverables for multiple OFW projects and assisted with GIS tasks. Jose has experience from multiple projects leading the magnetometer data processing and interpretation of UXO sites to achieve ALARP certification and for construction planning. Mr. William J. Lee has over 15 years of industrial and academic experience as a consulting and research scientist. During this time, he has successfully fulfilled roles as principal investigator, field lead, client liaison, project manager, and program manager. He has planned and lead extended duration field projects in remote regions of Alaska and abroad. These projects have required the use of helicopters with external loads, and fixed wing aircraft, as well as ships and small watercraft. His areas of specialization are geomatics, surface water hydrology, and hydrometeorology. Within the field of geomatics, he has experience in all aspects of hydrography, geospatial information systems, (GIS) remo te sensing, analytical photogrammetry, and geopositioning. His experience in hydrology has encompassed three dimensional current and wave studies using acoustic Doppler current profiling, (ADCP). marine and in stream hydrokinetic energy assessment, environmental contaminant fate and transport studies, research and applications of engineered evapotranspiration systems for remediation and containment, and geospatial analysis of sea ice. This experience includes all aspects of operation starting with the proposal and planning process and going through to preparation of final deliverables. Mr. Lee holds a Bachelor of Science Degree in Chemistry with professional certification from the American Chemical Society, and a Master of Science Degree in Environmental Quality Science/Engineering accredited by the Accreditation Board for Engineering and Technology. Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 21 Mr. Riley Newman is a Geophysicist and Hydrographic Survey Technician with an educational background in geology, physics, numerical modeling, and energy enginee ring. He earned a B.S. Geological Sciences – Geophysics, University of Oregon, and a Master of Engineering, Sustainable Energy Engineering, Reykjavik University, Iceland. His experience includes field and office responsibilities in hydrographic, geophysical and land surveying operations. During his employment at TerraSond, Riley’s responsibilities have included project planning and preparation, conducting field work, data processing, and producing final deliverables. Riley has experience collecting and processing multibeam, side scan, and backscatter intensity data, operating survey vessels, and participating in datum control survey operations. 9.3 Survey and Marine Crew Mr. Bradley Gillis is a Senior Offshore Party Chief with TerraSond and has 20 plus years of offshore survey experience. Mr. Gillis joined TerraSond in 2019, with a focus on offshore OWF projects. Main responsibilities include ensuring all project activities are executed safely onboard the vessel; proper operation of the survey equipment and software onboard; responsible for the overall quality of the acquired survey data; assisting in the preparation and maintenance of project documentation; communicating daily with both the client representation offshore and the shore-based management. Additional responsibilities included managing the mobilization of survey equipment prior to commencing operations, including equipment calibrations, and the demobilization of the equipment at the completion of the project. He holds his Master of Science in Hydrographic Science from the University of Southern Mississippi along with a Category A (FIG/IHO) certification. He is also currently involved with TerraSond’s commercial sales team in the bidding of future projects, assisting in the overall design of the surveys, along with the costing of vessels, equipment, and personnel to be utilized. Mr. Andrew Smith has survey experience spans over 13 years with a combination of terrestrial and hydrographic surveys. He participates in planning, conducting, and managing surveys in the field. He has experience performing control surveys using conventional and GPS methods, topographic surveys via RTK and conventional methods for boundary recovery surveys. He also has a wide breadth of experience in hydrographic charting surveys, side scan sonar, ultra - short baseline (USBL), dredging and dredge support, and marine positioning surveys. In his role as Party Chief, he is responsible for mobilization and demobi lization of vessels and equipment, technical support, data collection, client relations, and managing in -field efforts per project specifications and TerraSond standard operating procedures. Mr. Brian Doughty is a Survey Technician with TerraSond since 2020. Mr. Doughty has worked on offshore wind projects and other surveys as a Technical Lead / Lead Surveyor and Side Scan Sonar Data Processor. Mr. Doughty has over eight years of experience in hydrographic surveying and specializes in GIS modelling, proc essing and workflow Product and service line brands in this segment Proposal: P2022-043851 REV.0.1 Page 22 optimization. Mr. Doughty is well versed in all survey sensors calibration, operation, troubleshooting and deployment. He excels at working with and processing large datasets and optimizing workflows for efficacy and quality control. Mr. Doughty holds a Master of Science in GIS from Michigan Technological University as well as a Bachelor of Science in Biology. 10. COMMUNICATION PLAN 10.1 Project Communications TerraSond shall prepare a Draft Communications Plan to demonstrate how project specific interfaces with COMPANY, subcontractors, 3rd parties, and/or internally within our company will be handled. Figure 10-1. Example of Communication Plan 10.2 Management of Change Any proposed vessel changes, equipment, procedures, and key personnel will be communicated directly with the company in a timely manner. Any key personnel changes for contractor or any sub-contractors will include a submission of resume and management of change document to the company at least 7 days prior to assignment offshore. CUT SHEETS FOR EQUIPMENT AND SYSTEMS USED IN THIS PROPOSAL 
 Atlas GNSS Global Correction Service L3 Harris C-Worker 5 Autonomous Surface Vehicle (ASV) POS MV Wavemaster II
 SeaBat T50R Ultrahigh resolution Multibeam Echosounder with fully integrated Inertial Navigation System. Valeport Swift Sound Velocity Profiler
 Some of the hardware and software planned for use do not have PDF cutsheets. These items are: 1.AutoCAD 
 2.ArcGIS Desktop 
 3.QPS Qimera 
 4.QPS QINSy 
 5.Qualifier 105 
 GNSS Global Correction Service THE ATLAS® CORRECTEDWORLD SCALABLE SERVICE LEVELS Service Level Position Accuracy Atlas Basic 50 cm 95% (30 cm RMS) Atlas H30 30 cm 95% (15 cm RMS) Atlas H10 8 cm 95% (4 cm RMS) Atlas Basic Atlas Basic provides users of both single- and multi- frequency Atlas-capable products the ability to achieve SBAS equivalent performance anywhere in the world where the Atlas correction service is available. Atlas Basic is a ground-breaking new feature that offers a proven accuracy of 30 to 50 cm (95%)*. Atlas Basic offers instantaneous sub-meter accuracy allowing for DGPS-level accuracy within the global regions supported by Atlas. * Depends on multipath environment, number of satellites in view, satellite geometry, and ionospheric activity. Industry-Leading Capabilities • Positioning Accuracy: Atlas provides competitive positioning accuracies down to 4 cm RMS in certain applications, often exceeding competitive systems’ capabilities • Positioning Sustainability: Cutting-edge position quality maintenance in the absence of correction signals, using Hemisphere’s Tracer™ technology • Convergence Time: Industry-leading convergence times of 10 - 40 minutes • Global Ionospheric Model: Real-time ionospheric activity and data is sent to the receiver and allows Atlas-capable devices to adjust accordingly, providing excellent convergence performance Atlas is an innovative, industry-leading GNSS-based global L-band correction service, providing robust performance at competitive market prices. Atlas is a flexible and scalable service, delivering its correction signals via L-band satellites at accuracies ranging from meter to sub-decimeter levels. Leveraging more than 200 reference stations worldwide and with L-band satellites distributing Atlas corrections, the entire globe is virtually covered. The Atlas GNSS global correction service provides correction data for GPS, GLONASS, BeiDou, and Galileo constellations. Atlas correction service is available on all Hemisphere Atlas-capable single- and multi-frequency, multi- GNSS hardware. Atlas complements third-party GNSS receivers by allowing them to use Atlas corrections with Hemisphere’s innovative BaseLink ® and SmartLink™ capabilities. When using multi-frequency hardware, Atlas corrects more satellites than ever before, which creates faster convergence times and is robust and reliable in canopy or foliage covered areas. With both single- and multi-frequency hardware, Atlas achieves instant global sub-meter positioning accuracy, comparable to, and typically more robust than SBAS, since Atlas corrections contain data from multiple available constellations. Systems supporting Atlas utilize Hemisphere’s world-class Athena™ GNSS RTK engine. Athena often exceeds performance offered by other industry leaders and provides a future-proof foundation enabling market-defining performance, flexibility, and reliability. GNSS Global Correction Service www.hgnss.com / atlas@hgnss.com PRECISE NAVIGATIONAL LOGISTICS SINGLE-FREQUENCY MULTI-FREQUENCY MULTI-GNSS ATLAS BASIC ATLAS H30 ATLAS H10 A222 H220 ——— V123 ——— V200 ——— A326 — AtlasLink®— C321+— H328 — HA32 — P326 — P328 — Phantom™ 20 — Phantom™ 34 — Phantom™ 40 — R330u — R620 — S321+— S621 — V320 — V500 — Vega™ 28 — Vega™ 40 — VR500 — VR1000 — VS330u — VS1000 — BaseLink® / Network RTK Augmentation BaseLink technology allows Atlas-capable receivers to self-survey and automatically manages the transmission of RTK correction data to augment or extend established or new GNSS reference networks in areas of poor internet connectivity. SmartLink™ / Exclusive Agnostic Capability SmartLink technology allows an AtlasLink GNSS smart antenna to be used as an Atlas signal extension for any GNSS system compliant with open communication standards. aRTK™ / Atlas-Based RTK Augmentation Powered by Atlas, the innovative aRTK technology operates on any Atlas-capable device by enabling it to maintain RTK-level accuracy, availability, and reliability when RTK corrections fail. AutoSeed™ / Advanced Stationary Re-Convergence Atlas AutoSeed allows users to suspend Atlas use for any period of time, and upon returning to their last location, the Atlas system uses AutoSeed to rapidly re-converge to a high-accuracy converged position. Tracer™ / Positioning Sustainability Tracer technology is Hemisphere’s cutting-edge position quality maintenance in the absence of correction signals. The feature allows the user to maintain accuracy from meter to sub decimeter- levels, availability, and reliability of the position during correction data outages. Advanced Technology Features www.hgnss.com / atlas@hgnss.com ATLAS ® CORRECTED AGRICULTURE atlas@hgnss.com www.hgnss.com Phone: +1 (480) 348-6380 Toll-Free: +1 (855) 203-1770 Fax: +1 (480) 270-5070 Hemisphere GNSS 8515 E. Anderson Drive Scottsdale, AZ 85255, USA Receiver L-Band Satellites Uplink Station Encoded Correction Data Atlas Control Center Facilities Global Reference Network How Atlas GNSS Global Correction Service Works C-WORKER 5 AUTONOMOUS SURFACE VEHICLE (ASV) Hydrographic Survey ASV C-Worker 5 is an autonomous vehicle designed to support hydrographic survey work and to increase survey coverage in limited timeframes. A proven offshore survey “force- multiplier”, C-Worker 5 can operate for up to 8 days at a survey speed of around 5 knots. The vehicle has a fixed payload location for accurate offset measurement. A 12U 19” rack unit is fitted inside a watertight forward compartment for the housing of sensor control equipment. L3Harris operates a fleet of C-Worker 5 vehicles which, over a number of years, have been deployed in survey operations in the UK, France, USA and Australia carrying out in excess of 15,000km of survey lines in a single operational area. VEHICLE CHARACTERISTICS Length 5.5m Beam 1.8m Height 3.2m mast fully raised, including antenna Draught 0.85m Weight 1,250 kg lightship, no payload 2,000 kg fully fuelled, no payload Construction Aluminium hull and structure Sea state Operations in up to and including sea state 3 Speed range 3 knots minimum speed 5-7 knots cruising speed 10 knots top speed Endurance ~4 days @ 7 knots ~8 days @ 5 knots Launch and recovery Four integrated lift points for overhead lift via slings and shackles Docking system (optional) Navigation aids Solid-state compass Speed sensor Airmar depth transducer Class B AIS transponder Tri-colour navigation lights, all-round white mast head light Horn Halo 20+ radar (optional) Cameras 360-degree camera box featuring four daylight cameras (forward/aft/port/ starboard) and one forward-facing thermal (IR) camera Propulsion 57hp inboard diesel engine and sail drive Fuel capacity 770 litres (diesel) Standard vehicle control Mission planning (lines, waypoints, station keeping, geofencing) Direct remote control via a hand-held control unit Optional vehicle control Autonomous route planning with collision avoidance system Primary communications link 5W COFDM IP mesh radio Tuneable RF channel bandwidths of 1.25 MHz to 10 MHz ~5km range with remote station antenna height of 3.5m Range can be increased with remote station antenna height >3.5m Alternate communications 4G LTE cellular data connection Wi-Fi Electrical power (DC) 1x 24V DC house battery bank 1x 12V DC engine start battery External shore power connector for shore supply charging Payload capacity ~40kg wetside payload capacity (MBES, ADCP, SBP, CTD etc.) with sensors mounted on a fixed through-hull housing. Potential for deck-mounted and/or towed payloads Payload control equipment is located on-board in a 12U 19” rack unit, housed in a watertight compartment 24V DC 150A 1kW power BANNER PLACEHOLDER CLICK IN THIS RECTANGLE AND THEN GO TO FILE -> PLACE TO INSERT IMAGE C-Worker 5 Specifications © 2021 L3Harris Technologies, Inc. | 02/2021 Unlike conventional survey vessels, C-Worker 5’s design is optimised for its purpose without having to consider human factors. Despite its compact size, the vehicle has excellent sea keeping ability and has been proven to carry out hydrographic operations just as well as a manned survey ship. C-Worker 5’s inboard diesel engine and sail drive powers a single propeller and can achieve vehicle speeds of up to 10 knots. The vehicle also has the benefit of a shallow draught and excellent manoeuvrability to enable operations in areas that larger vessels cannot reach. C-Worker 5 can be launched and recovered by overhead lift with slings and shackles via four integrated lift points. C-Worker 5 is operated using the ASView control system, which enables pre-programmed missions to be set up, executed and monitored via a graphical user interface. Control modes include waypoint and line following, heading and track hold, station keeping and geofencing. The vehicle can also be operated using a bespoke hand-held remote control unit. ASView features standard S57 navigational charts with the ability to import files such as geotiff and .dxf survey lines. Situational awareness is provided by a 360-degree camera box on the vehicle’s mast featuring four daylight cameras and one forward-facing thermal (IR) camera. Live video feeds are transmitted to the remote station in real time. C-Worker 5’s operational safety is enhanced by a SIL1-assured emergency stop system, and a supervision timeout feature that enables the vehicle to perform pre-programmed actions/missions following a loss of communications. The vehicle’s remote station control equipment is hand-portable and has a small form-factor enabling quick and easy set up to provide a control centre shore-side or on-board a support vessel. Optional additions to the standard C-Worker 5 package include a docking system for launch and recovery from a mothership, a remotely deployable winch, a COLREG-aware route-planning collision avoidance system, and the provision of tailored operator and maintainer training programmes. L3Harris can also provide bespoke solutions for ongoing technical support and vehicle maintenance. OPTIONAL ADDITIONS • Advanced autonomy with path-planning collision avoidance system • Docking system for LARS from a mothership • Payload winch to 100m depth with a 5kg payload (e.g. sound velocity profiler) • Tailored operator and maintainer training courses • Post-sale maintenance and technical support contract PACKAGE INCLUDES • C-Worker 5 ASV with 5W COFDM IP mesh radio, 4G LTE and Wi-Fi communications links, and 360-degree daylight and thermal (IR) camera suite • Hand-portable remote station equipment including ASView-Base station, ASView-Helm remote control unit, ASView-Bridge laptop with User Interface, antennas and associated cables • C-Worker 5 is available for purchase or short/long term lease arrangement Refer to your Trade Compliance Lead or Empowered Official for exact disclaimer language. L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. t 000 000 0000 | f 000 000 0000 email@L3Harris.com 1025 W. NASA Boulevard Melbourne, FL 32919 DATASHEET Key FeaturesPOS MV WaveMaster II is a user- friendly, turnkey system designed and built to provide accurate attitude, heading, heave, position, and velocity data of your marine vessel and onboard sensors. POS MV is proven in all conditions, and is the georeferencing and motion compensation solution ofchoice for the hydrographic professional. MV blends GNSS data with angular rate and acceleration data from an IMU and heading from the GPS Azimuth Measurement System (GAMS) to produce a robust and accurate full six degrees-of-freedom position and orientation solution. POS MV ►Up to 0.02° roll and pitch performance ►IN-Fusion 2.0 ensures optimal GNSS aiding for any given conditions ►TrueHeave - no requirement to tune filter for specific conditions, no settling time so no run in time ►High accuracy inertial measurement units featuring SmartCal ►Data time tagged to microsecond accuracy MAXIMIZE YOUR ROI WITH POS MV WAVEMASTER II DATASHEET © 2019, Applanix, A Trimble Company. All rights reserved. Applanix and the Applanix logo are trademarks of Applanix Corporation registered with the Canadian Patent and Trademark O ce and other countries. POS MV and POSPac are registered trademarks of Applanix Corporation. AUXILIARY GNSS INPUTS Parameter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .NMEA Standard ASCII messages: $GPGGA, $GPGST, $GPGSA, $GPGSV Uses Aux input with best quality Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Hz BASE GNSS CORRECTION INPUTS Parameter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .RTCM V2.x, RTCM V3.x, CMR, CMR+, and CMRx input formats accepted. Combined with raw GNSS observables in navigation solution Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Hz DIGITAL I/O 1PPS . . . . . . . . . . . . 1 pulse-per-second Time Sync output, normally high, active low pulse Event Input (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . .Time mark of external events. TTL pulses > 1 msec width, rising or falling edge, max rate 200 Hz USER SUPPLIED EQUIPMENT • PC for POSView Software (Required for con guration): Pentium 90 processor (minimum), 256 MB RAM, 2 GB free disk space, Ethernet adapter (10/100 Base-T Ethernet; IEEE 802.3 sntandard), Windows 7 SP1, Windows 7 Embedded, Windows 8, and Windows 10 • PC for POSPac MMS Post-processing Software: Intel Pentium series 1Ghz or or faster 64-bit processor (minimum), 2GB RAM, 2.6 GB free disk space, USB Port (For Security Key), Windows 7 SP1, Windows 8.1, Windows 10 1 Sigma unless otherwise stated 2 Depending on quality of di erential corrections 3 Assumes 1 m IMU-GNSS antenna o set 4 No range limit 5 Whichever is greater, for periods of 20 seconds or less 6 Whichever is greater, for periods of 35 seconds or less 7 Height excludes connector ETHERNET INPUT/OUTPUT Ethernet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(10/100 base-T) Parameters . . . . . . . . . . . . . . . . . . . . .Time tag, status, position, attitude, velocity, track and speed, dynamics, performance metrics, raw IMU data raw GNSS data Display Port . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Low rate (1 Hz) UDP protocol output Control Port . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .TCP/IP input for system commands Primary Port . . . . . . . . . . . . . . . . . . . . . . . .Real-time (up to 200 Hz) TCP/IP protocol output Secondary Port . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Buffered TCP/IP protocol output for data logging to external device SERIAL RS232 INPUT OUTPUT 5 COM Ports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .User assignable to: NMEA output (0-5), Binary output (0-5), Auxiliary GNSS input (0-2), Base GNSS correction input (0-2) NMEA ASCII OUTPUT Parameters . . . . . . . . . . . . . . . . . . .NMEA Standard ASCII messages: Position ($INGGA), Heading ($INHDT), Track and Speed ($INVTG), Statistics ($INGST) Attitude ($PASHR, $PRDID), Time and Date ($INZDA, $UTC) Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Up to 50 Hz (user selectable) Configuration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Output selections and rate individually configurable on each assigned com port HIGH RATE ATTITUDE OUTPUT Parameter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .User selectable binary messages: attitude, heading, speed Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Up to 200 Hz (user selectable) Configuration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Output selections and rate individually configurable on each assigned com port POS MV WAVEMASTER II Speci cations subject to change without notice. PERFORMANCE SUMMARY POS MV WAVEMASTER II ACCURACY1 DGPS Fugro Marinestar® IARTK POSPac MMS PPP POSPac MMS IAPPK Accuracy Following 60 s GNSS Outage Position 0.5 - 2 m2 Horizontal: 10 cm 95% Vertical: 15 cm 95% Horizontal: +/- (8 mm + 1 ppm x baseline length)3 Vertical: +/- (15 mm + 1 ppm x baseline length)3 Horizontal: < 0.1 m Vertical: < 0.2 m Horizontal: +/- (8 mm + 1 ppm x baseline length)3 Vertical: +/- (15 mm + 1 ppm x baseline length)3 ~ 9 m for 60 s outage(RTK) ~ 3 m for 30 s outages (RTK) ~ 2 m for 60 s outages (IAPPK) Roll & Pitch4 0.03°0.02°0.02°< 0.02°0.015°0.04° Heading4 0.015° with 4 m baseline 0.03° with 2 m baseline ---< 2° per hour degradation (negligible for outages <60 s) Heave TrueHeaveTM 5 cm or 5%5 2 cm or 2%6 ---5 cm or 5%5 2 cm or 2%6 PCS OPTIONS COMPONENT DIMENSIONS WEIGHT TEMPERATURE HUMIDITY POWER Rack Mount PCS L = 442 mm, W = 356 mm, H = 46 mm 3.9 kg -20 ºC to +70 ºC 10 - 80% RH AC 120/230 V, 50/60 Hz, auto-switching 40 W Small Form Factor PCS L = 167 mm, W = 185 mm, H = 68 mm 2.5 kg -20 ºC to +60 ºC 0- 100% RH DC 10-34 V, 35 W (peak) INERTIAL MEASUREMENT UNIT IMU ENCLOSURE DIMENSIONS WEIGHT TEMPERATURE IP RATING Between Decks L = 158 mm, W = 158 mm, H = 124 mm 2.5 kg -40 ºC to +60 ºC IP65 Submersible Ø100 mm (base plate Ø132 mm) X 104 mm7 2.7 kg -40 ºC to +60 ºC IP68 GLOBAL NAVIGATION SATELLITE SYSTEM GNSS COMPONENT DIMENSIONS WEIGHT TEMPERATURE HUMIDITY GNSS antenna (540AP)Ø178 mm, W = 73 mm 0.45 kg -50 ºC to +70 ºC 0-100% RH GNSS Antenna (GA830)Ø149 mm, W = 99 mm 0.82 kg -40 °C to +70 °C 0-100% RH APPLANIX Headquarters: 85 Leek Crescent, Richmond Hill, ON Canada L4B 3B3 T+1-289-695-6000 United Kingdom: Forester’s House, Old Racecourse, Oswestry UK SY10 7PW T+44 1691 700500 USA: 15840 FM 529 Rd, Suite 316, Houston, Texas, 77095 T+1.713.936.2990 marine@applanix.com www.applanix.com PRODUCT DATASHEETTELEDYNE MARINE • All-in-one, fully flexible and fully integrated survey system • The compact system allows for fast mobilization, minimal interfacing and extremely low space requirements • Unprecedented clean and ultrahigh data quality for faster operational surveys and reduced processing time • Fully frequency agile from 190 to 420kHz, allowing for improved swath performance and reduced survey time under challenging conditions • The new compressed water column data significantly reduces data volume while maintaining the required information • Normalized backscatter designed for accurate, reliable and repeat- able seabed classification • Three-year standard warranty PRODUCT BENEFITS SeaBat® T50-R Ultrahigh resolution Multibeam Echosounder with fully integrated Inertial Navigation System SeaBat T50, Courtesy of Hamburg Port Authority The SeaBat T50-R is the newest addition to the leading SeaBat T-series product range, engineered from the ground up to evolve with your busi- ness. Combined with a very compact Rack-mounted Sonar Processor (RSP), the SeaBat T50-R produces unprecedented clean data, providing faster operational surveys and reduced processing time. The SeaBat T50-R is fully frequency agile from 190 to 420kHz, allowing for improved swath performance and reduced survey time under chal- lenging acoustic conditions. The Rack-mounted Sonar Processor comes with an optional industry leading fully integrated Inertial Navigation System for accurate sensor time tagging and motion stabilization. The SeaBat T50-R is designed for very fast mobilization on any type of survey vessels, securing minimal interfacing and low space require- ments. Rack-mounted Sonar Processor (RSP) • Single point for all cable connections – for fast mobilization • Accurate sensor time tagging and motion stabili- zation from the optional integrated INS • 25m cable configuration • 2U form factor in standard 19” rack SeaBat T50 sonar head assembly • 190-420kHz wide-band sonar arrays • Lightweight sonar bracket • Robust titanium housing • Less than 8kg in water Extended range option • Replace the standard projector with the TC2187 Extended range projector to achieve 900m range performance maintaining an impressive 1.5° high resolution beam width. • In shallow water the TC2187 projector increases shallow water resolution to an unprecedented 0.5°*0.5°. SeaBat T50-R standard configuration Extremely compact and flexible rack-mounted sonar system with built-in INS PRODUCT DATASHEETSpecifications subject to change without notice. © 2022 Teledyne RESON A/S. All rights reserved. PLD15535-8 www.teledynemarine.com/reson Tel. +45 4738 0022 (Europe) • Tel: +1 805 964 6260 (USA) Email: reson@teledyne.com TELEDYNE MARINE PLD17291-11 SeaBat® T50-R T50 Acoustic performance 400kHz 200kHz 400kHz 200kHz Across-track receiver beam width1 0.5° 1o 0.5°1° Along-track beam width1 0.5°1°1°2° Number of beams 10 - 1024 Swath coverage (up to)10°-150° Equi distance, 10°- 170° Equi Angle Typical Depth (CW 2) 300 meters 600 meters 0.5-150 meters 0.5-375 meters Max Depth (CW3) 350 meters 750 meters 250 meters 550 meters Typical Depth (FM 2) 350 meters 650 meters 0.5-180 meters 0.5-450 meters Max Depth (FM3) 425 meters 900 meters 300 meters 575 meters Ping rate (range dependent)Up to 50 pings/s Pulse length (CW)15 – 300µs Pulse length (FM)300µs – 10ms Depth resolution 6mm Depth rating (sonar head)50 meters Input voltage 100-230VAC 50/60Hz Transducer cable length 25m (standard) Optional: 10m, 50m or 100m Temperature (operational / storage)Rack-mounted Sonar Processor: -5°C to +45°C / -30°C to +70°C Sonar wet-end: -2°C to +36°C / -30°C to +70°C • Receiver EM7218 • Projector TC2181 • Rack-mounted Sonar Processor • 25m receiver cable • 25m projector cable • Wet-end bracket • Nuts and bolt for ease of installation • Three-year war- ranty T50-R SCOPE OF SUPPLY • Integrated INS Type 20 or Type 30 • 10m, 50m or 100m cable • Hydrodynamic fairing • Dual-head bracket • Teledyne RESON Sound Velocity Probes • Teledyne PDS Survey Package • Teledyne RESON Service Level Agree - ments • Normalized backscatter license • Motion and positioning sensors • X-Range - improves range and reduces external noise • Multi-Detect - multiple detections for enhanced detail over complex features and water column targets • FlexMode – increases data density where you need it most • Extended range projector • Full rate dual head across the entire frequency range OPTIONAL EXTRA FEATURE SEABAT T50-R SYSTEM SPECIFICATIONS Ultrahigh resolution Multibeam Echosounder with fully integrated Inertial Navigation System For relevant tolerances for dimensions above and detailed outlined drawings see Product Description *Optional 1 Nominal values 2 This is a depth range within which the system is normally operated, from the minimum depth to a depth value corresponding to the max. swath -50%. 3 This is the single value corresponding to the depth at which the swath is reduced to 10% of its max. value. For actual swath performance refer to Product Description. 4 With 4m GPS base line. Heave 5cm/5% whichever is greater for periods +/- 20sec 5 An extinction coverage of +/-20° is observed at about 530 meter water. Extended Range Projector (TC2187)*Standard projector (TC2181) * Standard 19” rack-mount height [mm] width [mm] depth [mm] weight [kg/air] weight [kg/water] T50 Rx (EM7218)102.0 460.0 90.7 8.2 3.9 T50 Tx (TC2181)86.6 93.1 280 5.4 3.4 T50 Tx (TC2187)86.6 93.1 500 9.8 6.8 Rack-mounted Sonar Processor 88 (2U)478*462 12.3-13.8 N/A Teledyne Type 20/30 IMU 123 118 95.6 3.0 1.6 Teledyne INS Type -20 Roll/Pitch Heading4 Heave4 TrueHeave 4 Positioning accuracy (with RTK)Optional postpro- cessing with POSPac MMS. Optional Fugro MarineStar®. 0.02° 0.015° 5cm/5% 2cm/2% Horizontal: +/-(8mm + 1ppm*baseline length) Teledyne INS Type -30 Roll/Pitch Heading4 Vertical: +/-(15mm + 1ppm*baseline length)0.01° 0.010° DATA SHEET Telephone: +44 (0) 1803 869292 Email: sales@valeport.co.uk www.valeport.co.uk Valeport Limited St. Peters Quay, Totnes, Devon TQ9 5EW United Kingdom Product Details MULTI-PARAMETERCTD SOUND SPEED Bluetooth USB Rechargeable Battery GPS SWiFT SVP Sound Velocity Profiler Designed from the outset with the intention of a seamless workflow, the SWiFT SVP profiler provides survey-grade sensor technology coupled with the convenience of Bluetooth connectivity and rechargeable batteries. An integral GPS module, to geo-locate each profile, completes the package. Data can be easily and quickly downloaded and reviewed wirelessly, via Bluetooth, using Valeport’s new Ocean software for Windows and Connect Pathway Edition for iOS and Android and instantly shared, in industry standard data formats through email and cloud services. A USB Cable and Bluetooth adapter are provided. In addition to the directly measured sound speed, temperature and pressure observations, Conductivity, Salinity and Density are calculated using Valeport’s proprietary algorithm developed from extensive laboratory and field work. With an operational battery life of up to 5 days and the convenience of charging via USB, SWiFT SVP is intended for coastal, harbour and inland hydrographic survey use and offers the highest quality sound velocity profiles in a compact, robust and portable package. Optionally, the supplied deployment weight is available to bolt onto the sensor protection cage to help get the SWiFT SVP to depth in fast-flowing currents. OCEAN & CONNECT PATHWAY EDITION SOFTWARE Datasheet Reference: SWiFT SVP | May 2021 As part of our policy of continuing development, Valeport Ltd. reserve the right to alter at any time, without notice, all prices, specifications, designs and conditions of sale of all equipment - Valeport Ltd © 2021 Sensor Specifications The SWiFT SVP is fitted with Valeport’s digital time of flight sound velocity sensor, temperature compensated piezo-resistive pressure transducer and a PRT temperature sensor. Sound Velocity Range 1,375-1,900 m/s Resolution 0.001 m/s Accuracy ±0.02 m/s Pressure Range 50 Bar Resolution 0.001% FS Accuracy ±0.01% FS Temperature Range -5°C – +35°C Resolution 0.001°C Accuracy ±0.01°C Calculated Parameters and Accuracy Calculations based on Valeport’s proprietary DASH formula Conductivity ±0.05 mS/cm Salinity ±0.05 PSU Density ±0.05 kg/m Physical Materials Titanium | Stainless Steel deployment weight Depth Rating 500m Dimensions ø78mm x Length 264mm Weight 2.0kg (in air) / 0.9kg (in water) | 3.0kg (in air) / 1.8kg (in water) with deployment weight Communications (set up and data offload) USB Serial Bluetooth v4 - low energy Electrical Battery Internal rechargeable Li-ion battery pack Battery life Up to 5 days operations Charging USB Typically, 1 hour fast charge will give 12 hours operation Software iOS and Android Valeport Connect Pathway Edition for Bluetooth compatible mobile devices – instrument set up, data offload, display and translation to common data formats. Valeport’s Ocean PC software, with both USB cable and Bluetooth connectivity, for instrument setup, data extraction, display and translation to common data formats. Instrument and data time is synchronised to GPS, UTC. Ordering 0660047-50 SWiFT SVP Profiler Titanium housing rated to 500m Supplied with Deployment weight PC Bluetooth adapter USB interface and charging cable 1.5 A charger Valeport Connect software Operating manual System transit case Battery indicator GPS Status Bluetooth comms Operational status Stainless steel deployment weight 1275 12th Ave NW, Suite 8, Issaquah, Washington, 98027 December 4, 2022 Chris Lee, Chief Executive Officer 821 N Street, Suite 207 Anchorage, Alaska USA 99501 submitted via: lee@tidalenergycorp.com RE: Proposal to Provide Regulatory Support for the Deployment of Tidal Turbine(s) in Cook Inlet, Alaska Dear Chris 48 North Solutions, Inc. (48 NORTH) is excited to provide the Tidal Energy Corp (TEC) this proposal to provide regulatory support to obtain the necessary environmental approvals to deploy a yet-to-be determined number of tidal turbines in a portion of Cook Inlet, Alaska. 48 NORTH’s EXPERIENCE 48 NORTH has a successful, proven history of performing similar services being requested for other marine energy projects in the U.S. 48 NORTH has the ability and capacity to provide the necessary permits in a cost and time- efficient manner. We provide the TEC team with: Relevant Experience Over the last 10 years, 48 NORTH has provided full permit acquisition and permit feasibility capabilities for multiple tidal and wave energy projects throughout the U.S. This experience enables 48 NORTH to anticipate potential regulatory issues and mitigate them before they arise. Furthermore, we have led the permitting efforts on multiple Alaska-based marine projects and have a good understanding of the “trigger points” relevant to the region. Proven Industry Knowledge and Credibility Extensive experience working with Alaska state and federal regulatory agencies, as well as marine stakeholders, to develop permit application packages and analyzing potential project installation impacts. A proven track record of meeting aggressive project schedules. Strong Project Leadership Our project team will be managed by Cameron Fisher. A nationally recognized expert in marine energy, Cameron brings in-depth regulatory experience in key task areas. He has either led or contributed to multiple U.S. Department of Energy (DOE) Peer Review Committees on Marine Energy. 48 NORTH’s Relevant Project Experience The following projects demonstrates some of 48 NORTH’s experience in marine energy and Alaska: University of Washington – Sequim Bay Tidal Energy Deployment, Sequim, Washington. 48 NORTH supported the University’s Applied Physics Lab (APL) to deploy a seafloor-based tidal turbine. As part of this effort, 48 NORTH prepared environmental documentation in accordance with the Navy’s National Environmental Policy Act (NEPA) requirements, as well as federal and state environmental permit applications. With permitting now completed, this project is anticipated to deploy in late 2022. This will be the first tidal device to be deployed in the marine waters off Washington. 2 | Page C. Power Technologies - Wave Energy Deployment, Puget Sound, Washington. C. Power Technologies deployed a one-seventh scale device in Puget Sound, Washington, to support their development of a full-scale wave energy device. 48 NORTH prepared environmental documentation in accordance with the DOE’s NEPA requirements, as well as federal and state environmental permit applications. Our staff also supported the Endangered Species Act (ESA) consultation and prepared an Acoustic Monitoring Plan to assess the potential impacts to ESA-listed species. This was the first wave energy device to be deployed in the marine waters off Washington. U.S. Department of Agriculture Rural Utility Service (RUS)-Funded SEALink Submarine Fiber Optic Cable System, Alaska. 48 NORTH supported Alaska Power & Telephone Wireless with environmental and regulatory support to install and operate the SEALink cable, spanning from Juneau to Coffman Cove via Mitkof Island, Alaska. In addition to obtaining all Federal and State permits, 48 NORTH developed the Environmental Report for RUS to base their NEPA findings on, as well as supported the cultural and natural resource regulatory needs. Goat Lake Hydro, Inc. – GLH Submarine Transmission Cable Replacement, Alaska. 48 NORTH provided Goat Lake Hydro, Inc. regulatory support with the installation of a new 15-MW, 35-kV alternating current submarine transmission cable to replace a failing existing segment for the system between Skagway and Haines in southeast Alaska’s Taiya Inlet. We supported our client with regulatory engagement, permit application review, and regulatory guidance. University of Washington – Floating Wave Energy Converter and Unmanned Underwater Vehicle Deployment (WEC-UUV), Lake Washington, Washington. 48 NORTH supported APL with the deployment of a floating WEC- UUV to conduct a series of short sea trial in Lake Washington. As part of this effort, 48 NORTH prepared environmental documentation in accordance with the Navy’s NEPA requirements, as well as federal and state environmental permit applications. With permitting and sea trials now completed, 48 NORTH is currently supporting APL with the deployment of a Fixed WEC-UUV system in Puget Sound. Pacific Northwest National Lab (PNNL) – Testing and Validation of Environmental Monitoring Instrumentation, Kaneohe Bay, Hawai’i. 48 NORTH supported PNNL with the regulatory compliance to install and operate marine hydrokinetic environmental monitoring instrumentation at the Wave Energy Test Site (WETS), Marine Corps Base Hawai’i on Oahu. WETS is the first grid- connected wave energy test facility in the US. This project involved deployment of six scientific data gathering devices that covered four main objectives: acoustic monitoring, electromagnetic field monitoring, active acoustic doppler current profiler, and marine wildlife monitoring. As part of this effort, 48 NORTH prepared environmental documentation in accordance with NEPA and ESA, as well as federal and state environmental permit applications. Aquantis – Marine Renewable Energy/Data Center Project, Florida. Aquantis’ proposed development of a full- scale, grid-connected ocean current generation and submerged data centers project off the coast of southeast Florida. 48 NORTH oversaw the due diligence analysis of environmental and permitting issues. 48 NORTH completed a comprehensive document detailing the regulatory permits required, while supporting regulatory discussions between Aquantis, Federal Energy Regulatory Commission, and Bureau of Ocean Energy Management. BOEM – Cook Inlet Planning Area, Proposed OCS Oil & Gas Lease Sale 244 Programmatic EIS, Alaska. 48 NORTH supported Continental Shelf & Associates with the development of a Programmatic Environmental Impact Statement (EIS) under NEPA for the Bureau of Ocean Energy Management (BOEM). 48 NORTH addressed the potential impacts to fisheries, Essential Fish Habitat (EFH), Commercial and Recreational fishing as related to the potential expansion of oil and gas exploration in Cook Inlet, Alaska. 3 | Page 48 NORTH’s Project Leads Project Manager and Regulatory Lead With over 20 years’ experience, Cameron Fisher is the founding owner of 48 NORTH and our proposed Project Manager. As 48 NORTH’s project manager, Mr. Fisher will be the point of contact to TEC on day-to-day activities and the client-to-team liaison. Mr. Fisher has managed numerous marine projects in the coastal areas from Alaska to California. Well-respected within the marine energy industry, Mr. Fisher has led the full permit acquisition of multiple marine energy projects, including tidal, current, and wave energy. Managing day-to-day operations, Mr. Fisher will communicate daily with our project team. Established project deliverable goals and tasks will be reviewed weekly to adjust as necessary to meet the project objectives. Furthermore, Mr. Fisher will evaluate the ongoing need for resources to ensure there are no obstacles to achieving target permit application submittal and acquisition dates. National Environmental Policy Act Lead After serving as an officer in the US Marines, David McIntyre has worked as a NEPA Planner both for the private and public sectors for the last 20 years. Mr. McIntyre is a seasoned project manager with expertise in all aspects of NEPA. He collaborates with consulting scientists and engineers to support both NEPA documentation and permit applications at the local, state, and federal level. His diversity of project experience includes siting studies, impact assessments, permitting, and compliance evaluations. Mr. McIntyre is highly experienced in overseeing public scoping meetings and extensive public involvement processes, conducting alternatives analyses, and getting Determinations of NEPA Adequacy, CEs, and EAs. Assistant Project Manager Katie Keil is an environmental scientist with an interdisciplinary background in biological sciences and environmental policy. She develops biological assessments to identify risk and potential impacts on species listed under ESA; supports complex regulatory projects requiring NEPA reviews; and effectively processes, troubleshoots, analyzes, and presents data in ArcGIS. She has experience assisting clients with environmental permitting at the Federal and State levels and is well-versed in NEPA, ESA, and Clean Water Act. PART 1: SCOPE OF WORK TASK 1: REGULATORY ROADMAP 48 NORTH will develop a Regulatory Roadmap that will cover environmental concerns ranging from installation of the turbines to operation. We assume this project will receive some form of public fund. As such, our roadmap will identify the necessary NEPA and supporting documents required to complete the process, as well as the permits necessary for installing and operating turbines. Based on our virtual meetings and engagements with agency representatives, 48 NORTH will develop a risk assessment that will identify the magnitude of risk associated with obtaining a permit or approval from each regulatory agency, both in terms of well-defined (i.e., foreseeable in certain timeframes) and manageable (i.e., an action concludes with an expected result). Our risk assessment will reflect our in-depth knowledge of the federal, state, and local permitting process in the narrative. Because the regulatory environment is dynamic—environmental regulations change, delineation of sensitive environmental ecosystems is redefined and sometimes involves the creation or management of protected species or areas—we propose to first engage those regulatory agencies that will be involved (Pre-Application Meetings) to evaluate if, and how, the regulatory landscape has changed. At this point if any DEAL BREAKERS are identified we 4 | Page will quickly inform TEC. This will happen only if we perceive that a segment of the project will not be approved by regulators. Pre-Application Meetings Prior to starting the regulatory process and developing the necessary studies and applications for this project, 48 NORTH supporting TEC, will set up virtual pre-application meetings with federal, state, and local regulatory agencies. During these meetings, 48 NORTH will describe the project and working with the agencies, identify likely permits/approvals needed and an efficient permitting strategy with the agency representatives. By engaging agencies early and often, we will proactively identify and resolve issues and concerns to keep the project on schedule. The objectives of these meetings include: 1. Introduce the key project team members and agency decision makers. 2. Provide a description of the project, outlining its benefits, methods for impact avoidance, preliminary mitigation strategies, and schedule objectives. 3. Solicit agency feedback regarding permit application/report formats, confirmation of review periods, and additional ideas on impact avoidance and/or mitigation measures based on agency staff experience. Among others, contacts will be made with the following agencies to introduce them to the project, verify their oversight and application requirements, and to find ways to streamline the timelines associated with permit reviews of the project: Federal funding agency and the Federal Energy Regulatory Commission U.S. Army Corps of Engineers (USACE; Alaska District Office) National Marine Fisheries Service and U.S. Fish and Wildlife Service (collectively referred to as the “Services”) Alaska Department of Natural Resources (DNR) Alaska Department of Fish and Game (ADFG) Alaska Department of Environmental Conservation (DEC) Contact with other regional communities prior to the permitting process is encouraged. These may include local fishing and/or tribal communities. TASK 2: PERMIT ACQUSITION Deployment and operation of tidal turbines is still unique in the U.S. As such, it should be assumed a significant number of baseline studies will be required. While 48 NORTH may not be able to conduct these studies, we will work closely with TEC and the regulatory community to identify those studies required. These studies will form the basis and justification of the findings in the following documents. National Environmental Policy Act (NEPA) For the deployment of tidal turbines in Cook Inlet, 48 NORTH assumes an Environmental Assessment (EA) under NEPA will be required and not a more complex EIS. We have costed the preparation of an EA. 48 NORTH will prepare an Administrative Draft EA for the federal funding agencies review and approval. As part of the scoping process of the EA, supporting TEC, 48 NORTH will coordinate with federal, state, and local agencies with jurisdiction by law or special expertise, tribes, and interested parties. The Administrative Draft EA will fully evaluate the environmental effects of the tidal turbine operation, incorporating findings from the baseline studies. This draft document will focus on resource areas that will be potentially affected by the proposed project, and, in compliance with the updated Council of Environmental Quality’s NEPA Implementing Regulations 40 Code of Federal 5 | Page Regulations Parts 1500–1508, be as short and concise as possible and written in plain language. Appended to this EA, will include relevant baseline studies and consultation documents. 48 NORTH will respond to all Agency comments and revise the Administrative Draft EA as required. Upon acceptance of the Administrative Draft EA as suitable for release to the public, 48 NORTH will work with both TEC and the Federal funding partner to prepare a “Notice of Availability of the EA” that will be published in local newspapers in the area, and through other distribution methods as directed by the Federal funding partner. The notice will be published for three consecutive issues (including online). The public review and comment period will begin on the day of the first publication date or equivalent if other distribution methods are used. A 14- to 30-day public review and comment period will be determined by the Federal funding partner. 48 NORTH will compile and respond to all comments received on the Draft EA and prepare an Administrative Final EA and Draft Finding of No Significant Impact (FONSI) if the EA supports the finding that the proposed action will not have a significant effect on the human environment. Upon the Federal funding partner’s review and approval of the Administrative Final EA and Draft FONSI, 48 NORTH will prepare a Final EA and FONSI and work with Federal funding partner’s staff to publish the Signed FONSI. Endangered Species Act, Magnusson-Stevenson Act, and Marine Mammal Protect Act For the deployment of tidal turbines in Cook Inlet, 48 NORTH assumes consultations under the three listed acts will be required. 48 NORTH will lead the preparation of the relevant documents (i.e., Biological Assessment, EFH Assessment, and Incidental Harassment Assessment [assumed]) to determine the potential level of effect on federally protected species and/or habitat by the Project. 48 NORTH will support the TEC and the Federal funding partner coordination with the Services, preparing draft agency consultation letters that will be sent to the Services to determine species of concern. These letters will be prepared early in the consultation process. Cultural Resources A cultural resource report maybe required. This desktop study will identify the relevant cultural resource information. 48 NORTH will work with the Federal funding partner and Alaska’s State Historic Preservation Office (SHPO) to ensure the project complies with Section 106 of the National Historic Preservation Act, as amended. During this time, TEC will act as the lead point of contact for consultation with Tribal Governments and Alaska Native Corporations, with support from 48 NORTH and a cultural resource subcontractor. If there is new construction for a shore-based station, SHPO may also request a terrestrial archaeological survey of the property. We have not included this in our cost estimate. Permitting Upon completion of the NEPA process, 48 NORTH will engage the federal, state, and local regulatory agents to obtain the necessary permits for installation and operation of the tidal turbines. The USACE has two permitting paths that can be taken for this project; either they could authorize the activity through an individual Section 10 permit of the Rivers and Harbors Act of 1899 and Section 404 of the Clean Water Act (CWA) through an Individual Permit (IP), or under a nationwide permit (NWP). During the NEPA process, 48 NORTH will engage the USACE to discuss which path they are considering (IP or NWP) and work with them to address their needs before applying for a permit. During the Regulatory Roadmap (Task 1), 48 NORTH will identify the other necessary permits and baseline studies necessary to install and operate these tidal turbines. This may include obtaining an aquatic lands authorization from DNR, a General Permit from ADFG, and Water Quality Certification from DEC. 6 | Page PART 2: TIME & MATERIALS COST ESTIMATE AND LABOR RATES 48 NORTH’s Time and Materials estimate to complete the permitting process, as described in the scope of work above, is up to but not to exceed $400,000. Table 1 breaks down costs per tasks. A list of 48 NORTH’s 2023 labor rates is presented in Table 2. Table 1: 48 NORTH’s Time & Materials Cost Estimate Per Task Task Cost Task 1: Regulatory Roadmap $ 30,000.00 Task 2: Permit Acquisition $370,000.00 TOTAL $400,000.00 When developing this proposal, 48 NORTH made the following assumptions and exceptions: We assume all federal, state, and local agency meetings/consultations will be held virtually and no travel will be required as part of Task 1. All 48 NORTH deliverables will be electronic. NEPA compliance will be either an EA or Categorical Exemption, but not require an EIS. The EA will include no more than two alternatives: 1) the Proposed Action and 2) No Action Alternative. There will be no public scoping or public comment meetings on the various versions of the EA. The Draft EA (electronic version) will be Section 508 compliant. The Notice of Availability and FONSI will be a maximum of 30 lines with 30 characters per line. TEC will lead all tribal government and Alaska Native corporation communications, with 48 NORTH supporting, as needed. TEC will provide the necessary baseline studies and desktop study information necessary for the turbine installation for 48 NORTH to then prepare the NEPA document and all permitting documents and agency correspondence. TEC will pay costs for any permit fees, government administrative costs, permit reviews, submerged lands easements/leases, mitigation, and/or monitoring. Invoices shall be submitted by 48 NORTH on a monthly basis. 48 NORTH’s standard invoice provides a list of labor hours and rates by labor category, plus a list of the project’s Other Direct Costs. Customized formats and copies of individual timesheets and receipts can be provided for an additional administrative charge. Payment terms are net 30 days. Late payments will be assessed a 1% per month carrying charge. We appreciate the opportunity to submit this proposal and look forward to working with TEC. If you have any questions or would like to discuss this proposal further, please contact me at (206) 714-5474, or via e-mail at cfisher@48northsolutions.com. Sincerely, Cameron Fisher 48 NORTH SOLUTIONS, INC. 7 | Page Table 2: 48 NORTH’s 2023 PROFESSIONAL RATES Labor Category Rate (US$)/Hour  Principal Scientist $191  Senior Scientist $168  Environmental Scientist III $153  Environmental Scientist II $139  Environmental Scientist I $122  GIS Analyst $133  Accounts Specialist $ 77 Other Direct Costs (out of pocket expenses), Travel, and Subcontractor costs are invoiced at actual plus 10%. Rates are effective through 12/31/2023