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HomeMy WebLinkAboutGlacier ForkGrant App G LACIER F ORK H YDROELECTRIC P ROJECT AEA-11-005 R ENEWABLE E NERGY G RANT A PPLICATION R OUND IV – FY 2012 S EPTEMBER 15, 2010 By GLACIER FORK HYDROPOWER, LLC 1503 WEST 33RD AVENUE, SUITE 211A ANCHORAGE, ALASKA 99503 Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 I TABLE OF CONTENTS 1.0 SECTION 1: APPLICANT INFORMATION...........................................................................2 1.1 APPLICANT POINT OF CONTACT.................................................................................................2 1.2 APPLICANT MINIMUM REQUIREMENTS ......................................................................................2 2.0 SECTION 2: PROJECT SUMMARY.........................................................................................3 2.1 PROJECT TITLE .............................................................................................................................3 2.2 PROJECT LOCATION .....................................................................................................................3 2.3 PROJECT TYPE ..............................................................................................................................3 2.4 PROJECT DESCRIPTION ................................................................................................................3 2.5 PROJECT BENEFIT .........................................................................................................................4 2.5.1 Direct Economic Benefits........................................................................................................4 2.5.2 Indirect Public Benefits...........................................................................................................4 2.6 PROJECT BUDGET OVERVIEW ......................................................................................................4 2.7 COST AND BENEFIT SUMMARY....................................................................................................4 3.0 SECTION 3: PROJECT MANAGEMENT PLAN...................................................................5 3.1 PROJECT MANAGER .....................................................................................................................5 3.2 PROJECT SCHEDULE .....................................................................................................................5 3.3 PROJECT MILESTONES .................................................................................................................5 3.4 PROJECT RESOURCES ...................................................................................................................6 3.5 PROJECT COMMUNICATIONS ......................................................................................................6 3.6 PROJECT RISK ...............................................................................................................................6 4.0 SECTION 4: PROJECT DESCRIPTION AND TASKS.........................................................7 4.1 PROPOSED ENERGY RESOURCE ...................................................................................................7 4.2 EXISTING ENERGY SYSTEM ..........................................................................................................8 4.2.1 Basic Configuration of Existing Energy System.....................................................................8 4.2.2 Existing Energy Resources Used ............................................................................................8 4.2.3 Existing Energy Market..........................................................................................................9 4.3 PROPOSED SYSTEM ......................................................................................................................9 4.3.1 System Design.........................................................................................................................9 4.3.2 Land Ownership....................................................................................................................10 4.3.3 Permits..................................................................................................................................11 4.3.4 Environmental.......................................................................................................................11 4.4 PROPOSED NEW SYSTEM COSTS (TOTAL ESTIMATED COSTS AND PROPOSED REVENUES)......12 4.4.1 Project Development Cost....................................................................................................12 4.4.2 Project Operating and Maintenance Costs...........................................................................13 4.4.3 Power Purchase/Sale.............................................................................................................13 4.4.4 Cost Worksheet......................................................................................................................13 5.0 SECTION 5: PROJECT BENEFIT............................................................................................15 5.1 ESTIMATED FUEL DISPLACEMENT.............................................................................................15 5.2 ESTIMATED ANNUAL REVENUE ................................................................................................15 5.3 OTHER ANNUAL REVENUE STREAMS .......................................................................................15 5.4 PROJECT BENEFIT FROM DIRECT COST SAVINGS ......................................................................15 6.0 SECTION 6: SUSTAINABILITY.............................................................................................16 7.0 SECTION 7: READINESS & COMPLIANCE WITH OTHER GRANTS........................17 8.0 SECTION 8: LOCAL SUPPORT..............................................................................................17 9.0 SECTION 9: GRANT BUDGET..............................................................................................17 10.0 SECTION 10: ADDITIONAL DOCUMENTATION AND CERTIFICATION..............18 Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 2 1.0 SECTION 1: APPLICANT INFORMATION Name Glacier Fork Hydro, LLC Type of Entity: Utility 1 Mailing/Physical Address 1503 West 33rd Avenue, Suite 211A Anchorage, AK 99503 Telephone 258-2420 Fax 258-2419 Email joel@polarconsult.net 1.1 APPLICANT POINT OF CONTACT Name Joel Groves, PE Title: Project Manager Mailing Address 1503 West 33rd Avenue, Suite 211A Anchorage, AK 99503 Telephone 258-2420 Fax 258-2419 Email joel@polarconsult.net 1.2 APPLICANT MINIMUM REQUIREMENTS As an Applicant, we are: (put an X in the appropriate box) X 1 An electric utility holding a certificate of public convenience and necessity under AS 42.05, or X 1 An independent power producer in accordance with 3 AAC 107.695, or A local government, or A governmental entity (which includes tribal councils and housing authorities); Endorsements Yes Attached to this application is formal approval and endorsement for its project by its board of directors, executive management, or other governing authority. If a collaborative grouping, a formal approval from each participant’s governing authority is necessary. Yes 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. Yes If awarded the grant, we can comply with all terms and conditions of the attached grant form. (Any exceptions should be clearly noted and submitted with the application.) Yes We intend to own and operate any project that may be constructed with grant funds for the benefit of the general public. 1 GFH anticipates that it will become a regulated utility if the project is completed. GFH does not plan to file for utility status until the project is more advanced. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 3 2.0 SECTION 2: PROJECT SUMMARY 2.1 PROJECT TITLE "GLACIER FORK HYDROELECTRIC PROJECT" 2.2 PROJECT LOCATION The project is located on the Glacier Fork of the Knik River in southcentral Alaska about 20 miles east of the Eklutna Hydroelectric Powerhouse and 25 miles southeast of Palmer. It is located within the Matanuska-Susitna Borough, with portions of the reservoir located within the Municipality of Anchorage and within unorganized lands. The project is generally located at latitude 61 26' north and longitude 148 30' west. The project is located within sections 34, 35, 36 of township 16 north, range 5 east, Seward Meridian. The project reservoir would be located in section 1 of township 15 north, range 5 east, and sections 5, 6, 7 and 8 of township 15 north, range 6 east. 2.3 PROJECT TYPE PROJECT TYPE Put X in boxes as appropriate 2.3.1 Renewable Resource Type Wind Biomass or Biofuels X Hydro, including run of river Transmission of Renewable Energy Geothermal, including Heat Pumps Small Natural Gas Heat Recovery from existing sources Hydrokinetic Solar Storage of Renewable Other (Describe) 2.3.2 Proposed Grant Funded Phase(s) for this Request (Check all that apply) X Reconnaissance Design and Permitting Feasibility Construction and Commissioning Conceptual Design 2.4 PROJECT DESCRIPTION The Glacier Fork Hydroelectric Project is an approximately 75 MW storage project proposed for the Glacier Fork of the Knik River. Electricity from the project would be delivered into the railbelt transmission grid via a new approximately 20-mile transmission line to existing transmission infrastructure in the vicinity of the Old Glenn Highway bridge over the Knik River. A map of the project is included at the end of the application in Attachment I. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 4 2.5 PROJECT BENEFIT 2.5.1 Direct Economic Benefits 1. Total direct economic benefits annually: $20,378,000 2.5.2 Indirect Public Benefits 1. Increased reliability and stability of the local power grid. Also, increased diversity of fuel sources for the railbelt grid. 2. Reduced demand for Cook Inlet natural gas. This project will offset natural-gas fired power generation, reducing natural gas consumption and incrementally extending the life of the Cook Inlet gas fields, to the benefit of the public that relies upon these fields for electricity and space heating needs. 3. The creation of local jobs and economic benefit. A significant portion of the project funding will go to local firms and will create local jobs. 4. Promote economic and recreational development of southcentral Alaska. The project would extend power and road access up the Knik River valley, enabling economic development of this area. The project would also extend road access into new alpine areas of the Chugach Mountains, introducing the possibility of new readily accessible areas for recreational and tourism-related activities. 2.6 PROJECT BUDGET OVERVIEW $210,000 is requested for a project reconnaissance study, with local matching funds of $40,000 for a total budget of $250,000. 2.7 COST AND BENEFIT SUMMARY Grant Costs (Summary of funds requested) 2.7.1 Grant Funds Requested in this application. $ 210,000 2.7.2 Other Funds to be provided (Project match) $ 40,000 2.7.3 Total Grant Costs (sum of 2.7.1 and 2.7.2) $ 250,000 Project benefits are summarized below. 2.7.4 Total Project Cost (Summary from Cost Worksheet including estimates through construction) $370,000,000 2.7.5 Estimated Direct Financial Benefit (Savings) $476,700,000 2.7.6 Other Public Benefit See Narrative Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 5 3.0 SECTION 3: PROJECT MANAGEMENT PLAN 3.1 PROJECT MANAGER The Project Manager is Joel D. Groves, PE. Mr. Groves has considerable experience evaluating, designing, permitting, and operating hydroelectric projects similar to the proposed project throughout Alaska. Resumes and references for Mr. Groves and other GFH Members are attached to this proposal. GFH requests assistance from AEA in coordinating the organizational integration of the Glacier Fork Project with the railbelt utilities and the proposed GRETC integration of the railbelt generation and transmission functions. 3.2 PROJECT SCHEDULE Primary efforts to date have focused on project reconnaissance, and formulating preliminary opinions on the technical, regulatory, and economic viability of the project. GFH has secured a FERC Preliminary Permit for the Glacier Fork project. Reconnaissance activities are required to advance the project. The proposed project schedule follows. Year Activity Hydrology Surveys Public Process Reconnaissance study Feasibility study FERC permitting and licensing Resource studies Design studies Project design 2011, 2012, 2013, 2014 Obtain permits, land, easements, right of ways 2015, 2016 Project Construction 3.3 PROJECT MILESTONES Key milestones for this grant proposal are listed below. Reconnaissance Milestone Scheduled Completion Contractor Solicitation July 2011 Hydrology and geology study July 2012 Identify land use, permitting, and environmental issues July 2012 Preliminary design analysis and cost estimate August 2012 Cost of energy and market analysis August 2012 Simple economic analysis August 2012 Final report and recommendations September 2012 Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 6 Key project milestones are summarized in the table below. Milestone Scheduled Completion Reconnaissance Study Report Fall 2012 Feasibility Study Report and Determination Spring 2013 Agency Approved Resource Study Plan Fall 2013 FERC License, Agency Permits Fall 2013 Construction Bid Process Winter 2013/2014 Project Construction 2015-2016 Project Commissioning End of 2016 3.4 PROJECT RESOURCES GFH members will provide the technical expertise, hydropower engineering knowledge, and direct hydro project operational experience to perform all aspects of developing the Glacier Fork project. As appropriate, GFH will retain subcontractors to execute specific tasks to advance the project. CEA’s resource commitment depends upon the business relationship to be developed with GFH and the State’s approval of the requested grant funds in this application for project development. Polarconsult and CEA anticipate that business relationships pertaining to development and ownership of the project will depend on the outcome of ongoing efforts to integrate regional utilities generation planning and operational functions. 3.5 PROJECT COMMUNICATIONS GFH will keep AEA informed of project status through the issuance of monthly or quarterly project status reports as warranted. The reports will include a brief (1 page) report including a narrative of current project status, activities in the current month, any problems encountered, and the anticipated activities in following months. The report will also include a budget status summary. As warranted, GFH may also advise the AEA grant manager of upcoming events such as field visits or other activities of specific interest on an as-needed basis. 3.6 PROJECT RISK To date, study of the Glacier Fork resource has been limited to review of existing information. Collection of field data is necessary to identify and evaluate project risks, and determine if identified risks can be mitigated or may influence project viability. Generally, project risks include: Hydrological risk. The available water in the Glacier Fork could be different than indicated by existing hydrology data. This risk will be mitigated through the development and completion of a comprehensive hydrology study that will determine the water availability Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 7 at this resource to a high level of confidence. The project size will be adjusted as required in the feasibility phase to optimally utilize the available water. Geotechnical risk. Geotechnical conditions at the proposed dam site, tunnel alignment, or at other locations on the project may present unanticipated engineering challenges. This is primarily a cost/feasibility risk. Field work will identify those geotechnical conditions that require special attention, and these will addressed during the design phase. Environmental risk. Existing information indicates that the Glacier Fork is not an anadromous river, and that the upper Glacier Fork canyon and other areas that will be inundated by the reservoir are not significant or important habitat for any listed species or game in general. Field studies will be performed to confirm these initial findings. Permitting/Regulatory risk. The project is located within the Knik River Public Use Area. The Alaska Department of Natural Resources (ADNR) published a management Plan for this area earlier in 2008. This management plan has been reviewed, and the proposed project is generally consistent with the plan. Glacial risk. The project's footprint is located proximate to the Knik Glacier, and could be affected by the glacier if the glacier were to advance into the project area. Such behavior is not known to be in the historical record, but given the long design life of such a project, appropriate field investigations will need to be undertaken in the feasibility phase to evaluate any risks the glacier may pose to the project. These risks may be mitigated by proper location of the project features. Cost risk. Cost estimates and economics of the project will be considered at the reconnaissance, feasibility, and design stages of the project to confirm that the project's economics are favorable for the railbelt. By monitoring the projected costs in an orderly manner as more information becomes available throughout the reconnaissance and feasibility phases of the project, exposure to cost risk will be minimized. 4.0 SECTION 4: PROJECT DESCRIPTION AND TASKS 4.1 PROPOSED ENERGY RESOURCE The proposed energy resource is the Glacier Fork of the Knik River. The Glacier Fork above the proposed dam site drains 267 square miles of the Chugach Mountains northwest of Prince William Sound, and is 23% by area of the total basin drained by the Knik River above the U.S. Geological Survey (USGS) stream gage #15281000 located at the Old Glenn Highway bridge. As the Glacier Fork approaches the Knik River, it passes through a canyon to the north of the Knik Glacier, near Metal Creek. A dam would be built within this canyon, with a power tunnel / penstock / tailrace diverting water west approximately 8,400 feet through a powerhouse and discharging near the mouth of the Glacier Fork at the head of the Knik River flats. The project would have a gross head of approximately 680 feet. The Glacier Fork basin is the northerly and easterly portion of the Knik River basin. Based upon the similar degree of glaciation in the Glacier Fork and Lake Fork basins of the Knik River, the normalized runoff from each basin is believed to be similar. This assumption will be Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 8 validated by establishing a stream gauge and conducting a hydrology study for the Glacier Fork. USGS gauge #15281000 has a period of record from 1959 to current. Based upon this data and a maximum design flow of 1,700 cubic feet per second (cfs), an average annual energy generation of 330,000 MWh is estimated from the project. Alternative energy resources available to this market include all alternatives available to the railbelt energy grid, which principally include: natural gas, diesel/oil, coal, storage hydro, run- of-river hydro, hydrokinetic/tidal, wind and geothermal. Overall, this project appears competitive with existing generation costs on the railbelt and has the potential to lower railbelt energy costs. In the long term, this project offers the potential to significantly lower energy costs for railbelt rate payers. 4.2 EXISTING ENERGY SYSTEM 4.2.1 Basic Configuration of Existing Energy System The project would interconnect with the railbelt transmission grid in the vicinity of the 115 kV transmission line at the Old Glenn Highway bridge over the Knik River. From there, power would be directed either west to the Eklutna Powerhouse over this existing line, and then via a double transmission circuit to Anchorage and beyond to the Kenai Peninsula; or north to serve the loads in the Mat-Su valley and beyond to Fairbanks. The energy and capacity offered by the Glacier Fork project would be managed in concert with other existing and future generation resources on the railbelt. 4.2.2 Existing Energy Resources Used The southern railbelt generally relies upon a combination of natural gas turbines and hydroelectric power to generate electricity. Currently, natural gas combustion accounts for approximately 85-90% of total energy projection, and the balance is from hydroelectric projects. The Glacier Fork project will provide local utilities considerably increased flexibility to more efficiently operate their generation assets to meet system loads and spinning reserve requirements. At up to a 75 MW installed capacity, the Glacier Fork Reservoir provides sufficient water storage for approximately five to seven days of electrical generation at full capacity. During the summer months, the Glacier Fork project is capable of continuous output at its installed capacity and could be used for base load generation. During the winter months, the Glacier Fork project could be used for one or more of the following functions: Providing base load at a much lower level (approximately 5 to 7 MW continuous generation), Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 9 Daily peak shaving at up to its rated capacity, reducing the need for utilities to use lower efficiency 'peaking' natural gas turbines. Providing spinning reserve up to the rated capacity of the project, reducing the need for utilities to burn natural gas to provide spinning reserve. Operation in a coordinated manner with other hydroelectric resources to more optimally utilize water storage at the Eklutna Lake, Cooper Lake, and Bradley Lake Hydroelectric Projects. Provide at least 30 to 40 MW of continuous energy for up to two weeks, such as during a cold snap. This would decrease natural gas demand during the cold snap, helping to alleviate the natural gas deliverability issues that will be increasingly problematic until a long term gas supply solution is implemented for the region. 4.2.3 Existing Energy Market The project's electricity would be most readily marketed to MEA, ML&P, and/or CEA, which all own transmission capacity originating at the Eklutna Powerhouse. More generally, the existing energy market includes the six railbelt utilities, Matanuska Electric Association (MEA), Chugach Electric Association, Seward Electric System (SES), Homer Electric Association (HEA), Municipal Light & Power (ML&P), and Golden Valley Electric Association (GVEA). Various power sales contracts and transmission capacity bottlenecks limit the extent to which GFH electricity could be freely marketed to some of these utilities. 4.3 PROPOSED SYSTEM 4.3.1 System Design The Project will consist of a dam, intake structure, power tunnel or penstock, powerhouse, transmission line, and associated facilities. Detailed descriptions of these components follow. The dam will be located in the upper Glacier Fork Canyon, and will be approximately 430 feet tall and is of undetermined construction at this time. The dam will have a spillway elevation at approximately 980 feet. There will be an associated intake structure to collect up to 1700 cfs of water from the reservoir. The dam will create a reservoir in the Glacier Fork Canyon and lower Grasshopper Valley. The reservoir will extend approximately 5 miles up the Glacier Fork and have a maximum surface area of 390 acres. The reservoir will have approximately 75,000 acre-feet of total storage, with approximately 17,000 acre-feet for normal power generation operations. Water will be transported from the intake structure via a 12 to 15-foot diameter 8,400-foot long combination power tunnel-penstock, with surge tanks and appurtenant facilities as required to the powerhouse. Exact routing, lengths and configuration of the power tunnel and penstock will be determined during the feasibility, field investigation, and design phases of the project. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 10 An alternate water conveyance configuration would have a shorter power tunnel to a subterranean powerhouse near the dam and a tailrace tunnel to the Knik River flats. A separate tunnel would be driven to the powerhouse for ventilation and access. This configuration would improve the hydraulic responsiveness of the project, allowing the project to provide spinning reserve with superior water efficiency. This configuration may be preferable if the project is intended to provide spinning reserve to back up variable renewable energy loads such as wind turbines. The powerhouse will be located at approximately the 300 foot elevation near the mouth of the Glacier Fork Canyon, where it emerges onto the Knik River flats. A tailrace will return waters to the Glacier Fork approximately 7 river miles downstream from the dam site. The size of the powerhouse and the type and number of turbine-generator sets to be installed will be determined during the later phases of the project. Electricity generated by the project will be transmitted to southcentral markets via a new approximately 20-mile long transmission line constructed for this project. The transmission line will generally travel along the Knik River flats and connect to the existing 115-kV line near the Old Glenn Highway at the bridge over the Knik River. From there, existing transmission lines will deliver project electricity to railbelt energy markets. The specific alignment for this new transmission line has not yet been determined. The project will be accessed by a road to be constructed up to the project site from existing roads in the area. The starting point and route of the access road have not been determined. The road and transmission line are expected to follow the same alignment in order to simplify property acquisition and maintenance of the transmission line. Based on available information, the gross head of the project is approximately 680 feet, and the design flow is 1700 cubic feet per second (cfs). The project is estimated to have an installed capacity of 75 MW and an annual average energy generation of approximately 330,000 MWh. This capacity and energy would give the project a capacity factor of 0.52. Hydrology and feasibility studies will confirm the optimal installed capacity and annual energy generation. 4.3.2 Land Ownership The project works and reservoir are located entirely on lands owned by the State of Alaska and within the Matanuska-Susitna Borough. A small portion of the reservoir is located within the Municipality of Anchorage. Three privately held parcels and two mining claims are located in the lower Glacier Fork Canyon in the general vicinity of the powerhouse. The transmission and access routes to the project have not been determined, but would likely cross lands under federal, state or private ownership. A major landholder in the area is Eklutna, Inc. the ANSCA village corporation for the village of Eklutna. The project is located within the limits of the Knik River Public Use Area. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 11 4.3.3 Permits The project boundary does not include any lands designated or recommended for designation as wilderness area or wilderness study area; or any waters included in, designated for study, or designated for inclusion in the National Wild and Scenic Rivers System. Major permits and approvals required for the project are listed below. Water Use Permit / Water Rights (ADNR) Land Lease/easement/purchase (BLM, ADNR, and/or private land owners) Fish Habitat Permit (ADFG) Army Corps of Engineers permits Utility certification (RCA) License for Major Hydropower Project (FERC) Archeological consultation (SHPO) Mat-Su Borough Building Permits 4.3.4 Environmental Based upon review of available environmental data, there are no major environmental conflicts identified for this project. Primary environmental considerations and assessments based upon known information are listed below. Fish Habitat. The Atlas of Waters Important to the Spawning, Rearing, or Migration of Anadromous Fishes, maintained by the Alaska Department of Fish and Game (ADFG), identifies the Knik River below the project as anadromous fish habitat, but does not identify any of the Glacier Fork as anadromous fish habitat. It is likely that there is a barrier to anadromous fish in the lower canyon. The 2008 Knik River Public Use Area Management Plan states that habitat for resident fish 'may occur' in the Glacier Fork. Even if the reservoir, dam, and dewatered reach of the Glacier Fork is not fish habitat, the project has the potential to affect fish habitat by altering the thermal regime of waters downstream of the project. Adverse thermal affects can be avoided through proper design of the intake structure. By enabling the project to selectively draw water from various depths within the reservoir, the project can modulate the tailrace temperature to emulate or enhance natural conditions. The Glacier Fork accounts for approximately 23% of the total flow in the Knik River. Waters from the project will combine with the natural flows from Metal Creek and the Lake Fork Knik River. Game Habitat. The most significant project component likely to affect game habitat is the reservoir. Most of the area inundated by the reservoir is steep canyon walls below 1000 feet elevation, which is not expected to be prime habitat for game. The upper part of the reservoir will inundate the very lower portion of the Grasshopper Valley. The 2008 Knik River Public Use Area Management Plan characterized the valley floor as 'sparsely vegetated', and identifies it as habitat for moose, bear, and various small game. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 12 Threatened or Endangered Species. The U.S. Fish and Wildlife Guide indicates no threatened or endangered species in the project vicinity. Aesthetics. Public use of the area where the project works would be located is primarily recreation and hunting. According to the Knik River Public Use Area Management Plan, there is limited commercial recreation currently using the project area. The dam and reservoir would be the most significant aesthetic changes caused by the project. The reservoir would present a new recreational opportunity, potentially offering similar aquatic recreational opportunities as Eklutna Lake. The penstock and powerhouse would have comparatively minor aesthetic affects, being visible from a variety of vantage points in the area. The project's most significant aesthetic effect is expected to be the transmission lines connecting the project to the existing transmission grid. These lines would generally follow the Knik River from the project to the vicinity of the Old Glenn Highway bridge, either on or near the river flats, or on the hillsides to the north or south of the flats. The lines would generally be visible to the public in this area, and would generally be similar in appearance and scale to existing transmission lines below the Old Glenn Highway Bridge. Based on the scale of the project, some wetlands fill is certain. The quantity of wetlands that will be filled by the project will not be known until specific alignments and locations for the various project features have been selected and inventoried for wetlands. Any required wetlands fill would be completed under a permit from the Army Corps of Engineers. No archeological or cultural resources are known to be in the project vicinity. SHPO will be consulted during the course of the project. The project is located within DNR's 2008 Knik River Public Use Area Management Plan. The project is consistent with the Plan's designated management objectives for the area, which are: Manage for low levels of public use and enhanced recreational opportunities. Manage to provide the full spectrum of public uses, while mitigating impacts to habitats for fish and wildlife. Develop a single multiple use trail into Grasshopper Valley. The project access road may be suitable for use as this access trail. Telecommunications Interference. None. Aviation Considerations. None. 4.4 PROPOSED NEW SYSTEM COSTS (TOTAL ESTIMATED COSTS AND PROPOSED REVENUES) 4.4.1 Project Development Cost Due to the magnitude of the project and the limited available technical data on the project site and resource, a detailed cost estimate to develop the Glacier Fork project is premature. Based Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 13 on available data, a likely capital cost for the project works would be in the range of $260 to $500 million. This grant application uses a total development cost of $370 million. The budget for the reconnaissance phase of the project is $250,000, comprised of a $210,000 grant and $40,000 applicant match as in-kind services. 4.4.2 Project Operating and Maintenance Costs It is premature to provide detailed estimates for project operation and maintenance costs, but such costs would likely be similar to the O&M costs for the nearby Eklutna Hydroelectric Project. Adjusting Eklutna costs to the Glacier Fork project on an installed-capacity basis results in an estimated O&M budget of approximately $5 million annually. This budget would include routine O&M activities and also less frequent activities such as equipment overhauls. No grant funding is requested for operations and maintenance costs. 4.4.3 Power Purchase/Sale The energy and capacity from the project would be sold to railbelt utilities. Power sales negotiations have not been initiated at this time. Generally, power sales could be structured on an avoided-cost basis, fixed-price basis or on a variable cost-of-service basis. Other mechanisms are also possible. More study of the project's integration with the utilities’ existing and future operations would be necessary to determine the appropriate pricing structure for electricity from this project. Current projections are for the avoided cost of energy on the southern railbelt to run in the range of 5 to 13 cents/kWh over the next 30 years. 4.4.4 Cost Worksheet A preliminary economic feasibility analysis using an average annual energy production of 330,000 MWh, state grants for 50% of the $370 million total project cost, project financing at 5% on a 30-year note, and a 10% profit margin indicates that the project could provide energy at a break-even cost of approximately $0.05 to 0.06/kWh. This is competitive with the expected long term cost of energy from natural gas-fired generation on the railbelt grid. The specific assumptions used in completing the attached AEA cost worksheet are summarized below. Sections 1 & 3. Resource availability, installed capacity, plant capacity factor, and annual energy generation are based upon hydrology for the project estimated from the Knik River USGS stream gage #15281000. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 14 Section 4. – Project capital, development, and O&M costs are opinions of probable cost based upon available information and estimates. These values would be refined as part of the feasibility study phase of project development. Section 5. – Project Benefits. The amount of fuel displaced is based upon the estimated annual energy generation, and an estimated future net heat rate for the natural gas fired generation the project would offset. Project benefits are also calculated at a reconnaissance level. Benefits have been calculated assuming that capacity value will be a direct public benefit, and revenue from energy sales will be used to pay the projects debt service, O&M, and other costs. Depending on the eventual business structure, project participants, and other factors, public benefit may be achieved by other means. See section 5 for a more detailed explanation of these assumptions. Section 6. – Power Purchase Price. A long term energy purchase price of $0.055/kWh is the preliminary estimate used for this project. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 15 5.0 SECTION 5: PROJECT BENEFIT 5.1 ESTIMATED FUEL DISPLACEMENT The project would primarily displace Cook Inlet natural gas burned for power generation. Estimated fuel displacement and assumptions used to generate the estimates are summarized below: Fuel Type Natural Gas Annual Displaced Energy 331,982 MWh Displacement 100% Efficiency of Displaced Generation (Heat Rate) 8,500 btu/kWh Average Annual Displaced Fuel 2.8 BCF Displaced Fuel over 50 Years 141 BCF Average Market Value of Displaced Fuel $9.00/MCF Annual Value of Displaced Fuel $25,400,000 Inflation Rate 2% Discount Rate 5% Present Value of Displaced Fuel over 50 years $653,500,000 5.2 ESTIMATED ANNUAL REVENUE Estimated annual revenue from power sales and assumptions used to generate the estimates are summarized below: Contract Item Proposed Terms Contract price structure Cost of Service Average avoided cost over 50 years (Energy Rate) $71/MWh Average Annual Energy Sales 331,982 MWh Average Annual Gross Revenue From Power Sales $23,570,000 Average Annual Operating Expenses $21,000,000 Average Annual Net Revenue (before taxes, depreciation, etc.) $2,570,000 5.3 OTHER ANNUAL REVENUE STREAMS State or federal tax credits may be available to the project over its life. Currently available federal tax credits for renewable energy have very limited eligibility criteria for hydroelectricity, and this project is not expected to qualify. Generally, the volatility in tax credit rules and eligibility precludes forecasting any benefit from them over the project’s life. The project ownership structure may also affect eligibility for tax credits. 5.4 PROJECT BENEFIT FROM DIRECT COST SAVINGS The following direct cost savings would result from this project. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 16 Green Tag / Renewable Energy Credits (RECs): The project may qualify for RECs. RECs currently market in Alaska for $0.02/kWh (Denali Green Tags). The federal or state government may enact new laws such as carbon taxes or renewable portfolio standards that local utilities could be required to comply with. The renewable energy from this project would not have any carbon emissions, potentially enabling the purchasing utility/utilities to reduce the quantity of RECs or other carbon trading instruments they could be required to purchase under any new federal or state programs. The value of these RECs is considered to be part of the public benefit from the project. The project would provide significant capacity and energy value to the purchasing utility or utilities. The requested grant funding level would enable GFH to pass on a combined capacity/energy discount of approximately $0.02/kWh to the purchasing utility, which would be a direct pass-through savings to the ratepayers and the public in general. Line Efficiency: By positioning generation closer to existing demand centers, it is expected that the project would generally increase the efficiency of the region’s transmission system. Increased efficiency would likely be observed on the CEA, MEA, and ML&P systems to varying degrees. This would reduce costs for all three local utilities. Annual Property Tax Revenue: The Mat-Su Borough will likely levy property taxes on the project over the life of the project, although the project’s tax status and tax rate would depend upon the business structure and tax status of the project owners. Annual property tax payments will contribute to the tax base and economic activity in the Borough. A capital financing term of 50 years is assumed, but the project’s design life would be in excess of 100 years. After 50 years, the public would enjoy considerable benefits from the project beyond 50 years. An example of these benefits is the Eklutna Lake Hydroelectric Project, which provides energy to CEA, MEA, and ML&P for under $0.005 per kWh – compared to prevailing energy rates of $0.05 to 0.08 per kWh. 6.0 SECTION 6: SUSTAINABILITY Over 100 years of experience in Alaska have proven hydroelectric projects to be the most sustainable power generation technology and investment available. No other generation technology has come close to having the historical longevity and the future potential of hydroelectric projects. Once the hurdle of the initial capital cost is overcome, the projects are successfully maintained and renewed by all classes of communities in Alaska. The utility industry in Southcentral Alaska has continuously operated hydroelectric projects since the old Eklutna project was built in the 1930s. The utilities have the experience, capability, and resources to operate Glacier Fork in perpetuity. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 17 Additionally, GFH members have operated the railbelt's fourth grid tied hydro – the 100-kW McRobert's Creek Hydro – for nearly 20 years. Annual O,M,R & R costs for the project will be funded by project revenues. In the design phase, a financial management plan will be developed to project long term cash flow requirements for project operations. This plan may include the following elements: An operating fund to pay for routine operating, maintenance, repair and replacement costs on a sustainable basis from annual project revenues. The operating fund may be designed to provide adequate cash reserves for annual cash flow fluctuations and also for low water years and other causes of revenue volatility. Dedicated sinking fund(s) for certain large infrequent expenses, such as turbine overhauls. Contingency funds, lines of credit, and/or insurance policies to cover expenses from infrequent events, such as floods or natural disasters. GFH commits to reporting savings and benefits from the project for the project's economic life, or shorter period as desired by the Alaska Energy Authority and its successor agencies. 7.0 SECTION 7: READINESS & COMPLIANCE WITH OTHER GRANTS GFH has already demonstrated its commitment to this project by completing the initial investigations necessary to create the estimates provided in this proposal. Our on-going efforts working with CEA and other stakeholders to determine the value and utility of this project to the railbelt's long term generation needs also demonstrate our commitment to this project. GFH is ready to advance the Glacier Fork project when the region's stakeholders are ready to commit to studying it. No other grants have been awarded for this project. 8.0 SECTION 8: LOCAL SUPPORT As with any project of this scale, some people and organizations will support it, and others will oppose it. Specific opposition to the project is unknown at this time. GFH is already working with CEA on this project. GFH intends to engage other southcentral utilities to determine their level of support for the project. 9.0 SECTION 9: GRANT BUDGET GFH is requesting $210,000 in grant funds, with $40,000 in matching funds, for a total budget of $250,000. The Grant Budget Form is included in Attachment C. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 1 A. ATTACHMENT A – CONTACT INFORMATION AND RESUMES REPRESENTATIVE HYDROELECTRIC PROJECTS polarconsult alaska, inc. OOLLAARRCCOONNSSUULLTT AALLAASSKKAA,, IINNCC.., has extensive experience designing, permitting, constructing and operating hydroelectric plants in Alaska. Our design professionals have been involved in hydro in Alaska since 1966, and collectively have over 95 years of exper ience in the field. SSEELLEECCTTEEDD HHYYDDRROO PPRROOJJEECCTTSS BBYY PPOOLLAARRCCOONNSSUULLTT EENNGGIINNEEEERRSS P Project Design Capacity Type of Project Location Services Rendered Mc Roberts Creek 100 kW Run of River Palmer, AK Design, Permitting, Construction, Operation, Owner. Roy's Creek / Crooked Creek 80 kW Run of River Elfin Cove, AK Reconnaissance and Feasibility Study, Preliminary Design, FERC Permitting. Knutson Creek 125 kW Run of River Pedro Bay, AK Reconnaissance Study. Fourth of July Creek 5,400 kW Run of River Seward, AK Reconnaissance and Feasibility Study, Owner. Fishhook Creek 2,000 kW Run of River Hatcher Pass, AK Reconnaissance and Feasibility Study, Permitting, Design, Construction, Owner. Indian River 125 kW Run of River Tenakee Springs, AK Feasibility Study, Preliminary Design, Permitting. Glacier Fork 80,000 kW Storage Knik, AK Reconnaissance and feasibility study. Indian Creek 60 kW Storage Chignik, AK Permitting, FERC Relicense. Larsen Bay 475 kW Run of River Larsen Bay, AK Design, Permitting. Old Harbor 500 kW Run of River Old Harbor, AK Feasibility Study, Design, FERC Permitting. O’Brien Creek / 5 Mile Creek 400 kW Run of River Chitna, AK Feasibility Study, Preliminary Design. Lace River 4,950 kW Storage Near of Juneau, AK Preliminary Design, FERC Permitting. Chuniisax Creek 280 kW Storage Atka, AK Feasibility Study, Preliminary Design, Permitting. Angoon 600 kW Storage Angoon, AK Feasibility Study, Preliminary Design. IINNDDIIAANN CCRREEEEKK HHYYDDRROO FFEERRCC LLIICCEENNSSIINNGG PPOOLLAARRCCOONNSSUULLTT managed the FERC licensing process for the owner of Indian Creek Hydro, a 60-kW installation located in Chignik, Alaska. The multi-year FERC licensing process required significant effort and coordination relating to the development of the Environmental Assessment. Key activities included: Ø NEPA scoping meetings, Ø Stream gauging and fish surveys, Ø Geomorphological surveys of Indian Creek, and Ø Preparation of License Application and EA. REPRESENTATIVE HYDROELECTRIC PROJECTS MMccRROOBBEERRTTSS CCRREEEEKK HHYYDDRROO PPOOLLAARRCCOONNSSUULLTT principals designed, built, own and operate the McRoberts Creek Hydro, located near Palmer, Alaska. The 100-kW run-of-river project has delivered power to the Matanuska Electric Association grid since 1991. The McRoberts Project is an excellent example of renewable energy systems benefiting Alaskan communities. The project has improved recreational access to the Matanuska Peak area, operates in harmony with the environment, and provides renewable energy to local homes and businesses. OO’’BBRRIIEENN CCRREEEEKK HHYYDDRROO PPOOLLAARRCCOONNSSUULLTT completed a conceptual design for the Alaska Energy Authority to evaluate a run-of- river hydroplant on O’Brien Creek to serve the communit y of Chitina, Alaska on the Copper River. Key activities included: Ø Paper study to define project parameters, Ø Handling and analysis of large LIDAR data set to finalize a conceptual design, Ø Field reconnaissance to evaluate intake locations and penstock corridors, and Ø Preliminary project cost estimate. CCHHUUNNIIIISSAAXX CCRREEEEKK HHYYDDRROO PPOOLLAARRCCOONNSSUULLTT designed and permitted a 280-kW run-of -river hydro plant to offset costly diesel-electric power for the village of Atka in the Aleutian Islands. Key project features include: Ø A small concrete dam, Ø 1,000-foot HDPE penstock, and Ø Cross-flow turbine. The project, to be completed in 2010, is expected to significantly reduce power rates in the village. polarconsult alaska, inc. energy systems – environmental services – engineering design 1503 West 33rd Avenue, Suite 310 tel: 907.258.2420 Anchorage, Alaska 99503 fax: 907.258.2419 Internet Website: http://www.polarconsult.net REPRESENTATIVE PROJECTS - HYDROELECTRIC 1 RECENT POLARCONSULT PROJECTS & PROJECT REFERENCES Polarconsult has extensive experience working on all aspects of hydroelectric development. From reconnaissance, feasibility, permitting, design, construction, inspection, operation, maintenance, monitoring, and retrofitting, Polarconsult’s professional staff understands all aspects of hydroelectric projects. Engineering budgets for past and current projects range from tens of thousands to over a million dollars. Polarconsult principals designed, built, own and operate the McRobert’s Creek Hydro, located near Palmer, Alaska. The many lessons learned from owning and operating our own hydroelectric project translates into valuable experience that pays off immensely for other projects. One of the biggest obstacles to proper operation of a hydroelectric facility is intake design. After numerous refinements, Polarconsult has designed and constructed an intake for the McRobert’s project that operates automatically and virtually maintenance free even when subje cted to the onslaught of debris brought about by floods and seasonal changes. Another successful project, located in Pelican, Alaska, involved designing a steel support system for an aging timber crib dam. Limited by helicopter access and narrow construct ion windows, the location required a design that not only withstood the large forces of floods but needed to be light enough and simple enough to be airlifted and quickly put into permanent place. Accurate surveying, 3-D design, and close coordination wit h the project owner all resulted in a unique and successful solution without an extravagant budget. The experience and knowledge that Polarconsult’s professionals bring to a project are exemplified by our work on the Kasidaya Creek hydroelectric project. Brought in by Alaska Power and Telephone due to excessive costs on a tunnel and intake for a project that was in the midst of construction, Polarconsult spent half a day in the field at the project site and provided valuable insight and advice that changed the course of the construction to reduce project costs and maintenance. Polarconsult’s recommendations to provide an access route up the creek to the intake site were ultimately adopted into the now completed project. All of Polarconsult’s core professionals have been involved in the numerous engineering challenges surrounding hydroelectric projects for many years. Any one of our professional engineers is more than capable of successfully identifying all the issues in a hydroelectric project and using our comprehensive background and knowledge to forge solutions that aren’t narrowly focused or short sighted. SELECTED PROJECT PROFILES Project: Pelican Dam Reinforcement and Penstock Design Client: Pelican Seafoods Reference Contact: Tom Whitmarsh, Pelican Seafoods, 907-735-2204 Engineering Budget: $175,000 Description The Pelican Hydroelectric Power Plant was first constructed around 1946 to supply water and power to the Pelican Seafoods Cannery constructed around the same time. A Dam Safety Review determined that there was potential for failure of the existing timber crib dam during flood stages. A field investigation was conducted to prepare an as-built of the existing timber crib dam, intake structure, timber flume, wood stave penstock, and power plant. A unique design was arrived at to shore up the existing dam to be stable under flood stages, and upgrade the existing intake to cut down head losses. REPRESENTATIVE PROJECTS - HYDROELECTRIC 2 Additionally, Polarconsult recently completed a design for replacement of the original flume, surge tank, and elevated penstock. The design includes a new surge tank, new penstock, and modifications to the intake and dam wing walls. Project: Chignik Relicense Client: Trident Seafoods Reference Contact: Mike Duckworth, Trident Seafoods, 206-617-6612 Engineering Budget: $150,000 Description Included in a Federal Energy Regulatory Commission (FERC) License are significant efforts and coordination relating to the development of the Environmental Assessment. Activities include: · National Environmental Protection Act (NEPA) scoping meetings · Stream Gauging · Fish Surveys · Geomorphological surveys of Indian River including fish habitat analysis · Dissemination of all data and correspondence through the development of a Project web page and through traditional hard copy to over 50 particpants The entire relicensing process was completed under the “applicant prepared EA” process in less than 2 years (typically licensing time is 3 to 5 years). Project: Larsen Bay Hydroelectric Client: CRW Engineering Group, LLC Refer ence Contact: Lenny Landis, AEA, 440-9320 Engineering Budget: $16,000 Description Performed original design of 475 kW project with a gross head of 665 feet and a flow of 11 cfs. Subsequent work included site inspection and analysis of existing hydroelectric system with recommendations for upgrades to existing intake and penstock, addition of drainage diversion to increase water flow to plant for increased power production, and consulting on controls upgrades to interconnect hydro plant to community diesel generation plant. The work activities also included the following: · Analysis of hydrologic data to determine maximum potential power output on a monthly basis · Development of a parts list and the performance of ultrasonic thickness testing of the penstock in the powerhouse · Inspection of cracked turbine blades for hydroelectric plant · Recommendations for repair of turbine as appropriate to the City and AEA Project: Atka Hydro Client: Alaska Energy Authority and CRW Engineering Group, LLC. Reference Contact: Julie Dirks, City of Atka, 907-581-6226 Engineering Budget: $200,000 Description Designed the 270 kW hydroelectric facility in Atka that is currently under construction. Activities include the following: · Topographic surveying to layout project features and tie into known monuments · Development of legal descriptions based on survey data and final design for necessary easements REPRESENTATIVE PROJECTS - HYDROELECTRIC 3 · Investigation and description of anadromous fish affected by and in the project area (including fish habitat assessments and setting of fish traps to capture and identify species) · Design of 1,060 feet of 30-inch diameter High Density Polyethylene Pipe (HDPE) penstock · Design of a cable stayed bridge spanning 100 feet · Design of the 7.2/12.4 kV electrical cable connecting to the existing system · Design of the powerhouse · Specification of the turbine and generator · Design of the 13-foot-high impoundment dam Project: Fishhook Hydroelectric Project Client: Fishhook Renewable Energy, LLC Engineering Budget: $125,000 Description Currently in the permitting phase, this project includes completion of a feasibility study, permitting, and design of 2.0 MW run-of-river hydroelectric plant located on Fishhook Creek in Hatcher Pass, Alaska. Performed surveying utilizing RTK GPS equipment and developed cost estimates and a feasibility study by the fall of 2006. Project: Kasidaya (Otter) Creek Intake Client: Alaska Power & Telephone Company Reference Contact: Vern Neitzer, AP&T, 907-983-2202 Engineering Budget: $15,000 Description Site Inspection and project review. Provided a brief letter report to assist AP&T in seeking a lower cost alternative for the intake and penstock tunnel that were in the original design. Project was well into construction at the time. Made recommendations on an alternative for a dam, intake configurations, access routes, and permitting actions. AP&T ultimately reconfigured the original design based on our recommendations. Project: Lace Hydro Client: Lace River Hydro Reference Contact: Bob Grimm, AP&T, 360-531-0320 Engineering Budget: $800,000 Description Currently in the FERC licensing phase, this project involves feasibility investigation, FERC permitting, and design of a 5 MW hydroplant in southeast Alaska. The Project intake is located at an unnamed lake that would be used for storage. The lake has a surface area of approximately 384 acres. The dam intake is located at an elevation of 3,180 feet. From the intake, there would be 7,600 feet of 21-inch diameter steel pipe leading to the powerhouse. The net hydraulic head is 3,000 feet. The project flow is estimated to be approximately 27 cfs. The total estimated energy production of this project is 34,164,000 Kilowatt hours. Power transmission would consist of 5 miles of 14.4/24.9 kV buried cable and 7.1 miles of overhead transmission lines. Project: McRobert's Creek Hydroelectric Project Client: Earle Ausman, Enerdyne Engineering Budget: $60,000 Description REPRESENTATIVE PROJECTS - HYDROELECTRIC 4 McRobert's Creek Hydroelectric Plant is an excellent example of how cost effective a small hydroelectric plant in Alaska can be. McRobert's Creek is located three miles to the east of Palmer and is fed by the rock glaciers that lay below Matanuska Peak. The mountainous and rugged terrain required PCA to use non-conventional construction techniques to complete the project. Due to the terrain it was not feasible or environmentally desirable to build a road to the power plant. The project was completed in an environmentally sound and aesthetically pleasing manner. Hikers and horseback riders now use the trail for access to Matanuska Peak. The "run of the river" facility consists of a rock gabion diversion to funnel the water into a 4,200-foot, twelve-inch-diameter polyethylene pipeline. A 7,000-gallon storage tank is used to regulate the system so that a large dam and associated reservoir are not necessary. Other physical features include 8,800 feet of phone line, 4,600 feet of 7,200 kVA power cable, 8,600 feet of access trail, and a 12-foot by 12-foot concrete block powerhouse. The plant operates at 445 feet of gross head and runs year round delivering 100 kW to the Matanuska Electric Authority grid. The plant was designed and built by Polarconsult at a cost of $2,000 per kW. Polarconsult President Earle Ausman is the owner of the facility. Project: Southfork Hydro Plant Client: South Fork Construction Reference Contact: Phyllis Janke, South Fork Construction, 694-4351 Engineering Budget: $80,000 Description Currently under construction and permitting, this project involves feasibility, design, and per mitting of a 1.2 MW hydroplant on the south fork of Eagle River. The South Fork Hydro project is a run-of-river plant with a capacity of 1,200 kW. Scheduled to be completed in 2009, the project will use water from the South Fork of Eagle River which drains a 26-square-mile area. The project will divert 53 cfs from the South Fork. The elevation of the intake pool is 1,180 feet and the elevation of the draft tube pool where the turbines discharge is 803 feet for a gross head of 377 feet. The pipe will be 32-inch, SDR 32.5 high density polyethylene pipe (HDPE). About 3,175 feet from the intake, the pipe will change to SDR 26. This HDPE pipe continues for the next 175 feet where it transitions to 300 feet of 30-inch steel pipe. There will be four 300 kW turbine-generator sets. One turbine will be a Pelton wheel with 4 jets which will turn at 1200 rpm. The turbine will drive a 300 kW induction generator. This unit will be used to operate at all of the intermediate flows as it is an excellent partial load device. The other 3 units will be pump-turbines which are centrifugal pumps run as turbines. They will be vertical assemblies and will turn at 1800 rpm. REPRESENTATIVE PROJECTS - HYDROELECTRIC 5 SELECTED PROJECT LIST In addition to the projects listed under Selected Project Profiles, Polarconsult has performed numerous feasibility studies and designs as the following list indicates. Job Name Client Year Knutson Creek Hydro Feasibility Study Pedro Bay Tribal Council 2009-10 Packer’s Creek Hydro Design and Permitting Chignik Lagoon Power Utility 2009-10 Burro Creek Hydro Study Burro Creek Holdings, LLC 2009-10 Old Harbor FERC Licensing Alaska Village Electric Cooperative, Inc. 2009-10 Indian River Hydro Feasibility Study, Conceptual Design and Permitting City of Tenakee Springs 2009-10 Elfin Cove Reconnaissance and Feasibility Study Community of Elfin Cove 2009-10 Pedro Bay Reconnaissance Study Pedro Bay Tribal Council 2009 Pelican Hydroelectric Upgrade Design Alaska Energy & Engineering, Inc. 2008-10 Fourth of July Creek Reconnaissance Study Independence Power, LLC 2008 Glacier Fork Hydro Reconnaissance Study Glacier Fork Hydro, LLC 2008 Pelican Hydroelectric Retrofit Alaska Energy Authority 2007 Archangel Creek Hydro Jill Reese Investments & Brokerage 2007 O'Brien Creek Recon naissance Survey Alaska Energy Authority 2007 Fishhook Hydroelectric Project Fishhook Renewable Energy, LLC 2007 Allison Lake Hydro Project Green Power Development, LLC 2007 Atka Hydro Cost Estimate Alaska Energy Authority 2007 Chitina Conceptual Design Alaska Energy Authority 2006 Kasidaya (Otter) Creek Intake Alaska Power & Telephone Company 2006 Larsen Bay Alaska Energy Authority 2006 Chuniisax Hydro Phase 3 Alaska Energy Authority 2006 Chignik Bay Scoping Field Trip Alaska Energy Authority 2005 Atka Hydro Design Changes and Inspection Alaska Energy Authority 2005 Larsen Bay Turbine Repair City of Larsen Bay 2005 Old Harbor Archiving Alaska Village Electric Cooperative, Inc. 2005 Chignik Dam Inspection Norquest Seafoods Inc 2004 Larsen Bay Hydroelectric Upgrade Alaska Energy Authority 2004 Chignik Stream Gauge Installation Alaska Energy Authority 2004 Atka Revisions Alaska Energy Authority 2004 Chignik Relicense Trident Seafoods 2003 Atka Hydro Design City of Atka 2003 Old Harbor Project Review Alaska Energy Authority 2002 Atka Hydro F&G City of Atka 2002 Scammon Stream Gauging Alaska Village Electric Cooperative, Inc. 2002 Old Harbor - Alternate Powerhouse Location Alaska Village Electric Cooperative, Inc. 2002 Old Harbor Project Comparison Alaska Village Electric Cooperative, Inc. 2001 Pelican Penstock Design Pelican Seafoods 2001 Old Harbor Hydro Project - Design Alaska Village Electric Cooperative, Inc. 2000 Old Harbor Hydro Project - FERC Licensing Alaska Village Electric Cooperative, Inc. 1999 Chignik Dam Survey Norquest Seafoods Inc 1999 Southfork Hydro Plant South Fork Construction 1998 REPRESENTATIVE PROJECTS - HYDROELECTRIC 6 Job Name Client Year Lace Hydro Lace River Hydro, LLC 1997 Atka Hydro Investigation City of Atka 1996 Chignik Lagoon Hydro Study Chignik Lagoon 1995 Old Harbor Hydropower Feasibility Study Alaska Village Electric Cooperative, Inc. 1995 Terror Lake desander Tango Construction Co 1994 Tenakee Springs/Indian River Hydro City of Tenakee Springs 1993 Pelican Seafoods Hydroelectric Renovation Pelican Seafoods 1993 Angoon Hydroelectric Investigation Alaska Energy Authority 1992 Humpback Creek Hydroelectric Cordova Electric 1992 Snyder Falls Hydroelectric Study Earl Ellis & Associates 1990 McRobert’s Creek Hydroelectric Project Earle Ausman 1990 Larsen Bay Hydroelectric Plant City of Larsen Bay 1990 Snettisham Hydroelectric Project US Army Corps of Engineers, Alaska District 1989 Chitina Micro Hydro Project Chitina Village Council 1989 Burnett Inlet Hydroelectric Plant Design Alaska Aquaculture 1988 Ouzinkie Hydroelectric Plant City of Ouzinkie 1986 In addition, Polarconsult’s project team has extensive experience with design and force account construction of many types of rural projects in addition to hydro. These include utility design and construction management of water, sewer, and electrical projects. Much of this work was performed for the City of St. Paul, and our experience extends to many other communities throughout Alaska as well. It is important to emphasize that most of the work is performed by force account using local labor and other resources. Polarconsult believes it is important to have people build their own projects so they can operate and repair them. It is also important to make them economical and keep the maximum amount of money in the community. Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 2 ATTACHMENT B – COST WORKSHEET Renewable Energy Fund Round 4 Project Cost/Benefit Worksheet RFA AEA11-005 Application Cost Worksheet Page 1 9-15-10 Please note that some fields might not be applicable for all technologies or all project phases. The level of information detail varies according to phase requirements. 1. Renewable Energy Source The Applicant should demonstrate that the renewable energy resource is available on a sustainable basis. Annual average resource availability. 330,000,000 kWh Unit depends on project type (e.g. windspeed, hydropower output, biomasss fuel) 2. Existing Energy Generation and Usage a) Basic configuration (if system is part of the Railbelt1 grid, leave this section blank) i. Number of generators/boilers/other NA ii. Rated capacity of generators/boilers/other - iii. Generator/boilers/other type - iv. Age of generators/boilers/other - v. Efficiency of generators/boilers/other - b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank) i. Annual O&M cost for labor - ii. Annual O&M cost for non-labor - c) Annual electricity production and fuel usage (fill in as applicable) (if system is part of the Railbelt grid, leave this section blank) i. Electricity [kWh] - ii. Fuel usage Diesel [gal] - Other - iii. Peak Load - iv. Average Load - v. Minimum Load - vi. Efficiency - vii. Future trends - d) Annual heating fuel usage (fill in as applicable) i. Diesel [gal or MMBtu] - ii. Electricity [kWh] - iii. Propane [gal or MMBtu] - iv. Coal [tons or MMBtu] - v. Wood [cords, green tons, dry tons] - vi. Other - 3. Proposed System Design Capacity and Fuel Usage 1 The Railbelt grid connects all customers of Chugach Electric Association, Homer Electric Association, Golden Valley Electric Association, the City of Seward Electric Department, Matanuska Electric Association and Anchorage Municipal Light and Power. Renewable Energy Fund Round 4 Project Cost/Benefit Worksheet RFA AEA11-005 Application Cost Worksheet Page 2 9-15-10 (Include any projections for continued use of non-renewable fuels) a) Proposed renewable capacity (Wind, Hydro, Biomass, other) [kW or MMBtu/hr] 75 MW hydro with 52% capacity factor as ROR project and 5-7 days of reservoir storage at full output. b) Proposed annual electricity or heat production (fill in as applicable) i. Electricity [kWh] 330,000,000 kWh ii. Heat [MMBtu] - c) Proposed annual fuel usage (fill in as applicable) i. Propane [gal or MMBtu] - ii. Coal [tons or MMBtu] - iii. Wood [cords, green tons, dry tons] - iv. Other - 4. Project Cost a) Total capital cost of new system $370,000,000 b) Development cost $5,000,000 c) Annual O&M cost of new system $4,950,000 d) Annual fuel cost zero 5. Project Benefits a) Amount of fuel displaced for i. Electricity 2.8 BCF of natural gas per year ii. Heat - iii. Transportation - b) Current price of displaced fuel Approx $5.00 per MCF (current 2010) 8.76 per MCF (AEA estimate for 2017) c) Other economic benefits Reduced Carbon Emissions, Capacity, etc. d) Alaska public benefits New recreational opportunities, stable energy prices, etc. 6. Power Purchase/Sales Price a) Price for power purchase/sale Estimated at 8 to 9 cents per kWh. 7. Project Analysis a) Basic Economic Analysis Project benefit/cost ratio $411.6M / $314.8M = 1.3 Payback (years) $314.8M / $17.1M = 18.4 years Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 3 ATTACHMENT C – GRANT BUDGET FORM Renewable Energy Fund Grant Round IVGrant Budget Form9/14/2010 Glacier Fork Hydroelectric Project - ReconnaissanceRE- Fund Grantee Matching Source of Matching Funds: Grant Funds FundsCash/In-kind/Federal Grants/Other State Grants/Other1. Contractor Solicitation & Project Management 8/1/2011 $0 $10,000 In-Kind Services $10,0002. Hydrology & Geological Reconnaissance Studies 8/1/2012 $95,000 $5,000 In-Kind Services $100,0003. Identify Land Use, Permitting, and Environmental Issues 8/1/2012 $15,000 $5,000 In-Kind Services $20,0004. Preliminary Design Analysis & Cost Estimate, Market Analysis, Economic Analysis9/1/2012 $40,000 $10,000 In-Kind Services $50,0005. Work with Stakeholders to Advance Project Plan 9/1/2012 $15,000 $5,000 In-Kind Services $20,0005. Final Report & Recommendations 12/31/2013 $45,000 $5,000 In-Kind Services $50,000TOTALS$210,000 $40,000$250,000Direct Labor & Benefits$0 $34,000 In-Kind Services $34,000Travel & Per Diem$0 $500 In-Kind Services $500Equipment$0 $5,000 In-Kind Services $5,000Materials & Supplies$0 $500 In-Kind Services $500Contractual Services$210,000 $0$210,000Construction Services$0 $0$0Other$0 $0$0 TOTALS$210,000 $40,000$250,000TASK TOTALSBudget Categories:Milestone or TaskAnticipated Completion Date Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 4 ATTACHMENT D – LOCAL SUPPORT Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 5 ATTACHMENT E – ELECTRONIC COPY OF APPLICATION Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 6 ATTACHMENT F – AUTHORIZED SIGNERS FORM Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 7 ATTACHMENT G – GOVERNING BODY RESOLUTION AUTHORIZING APPLICATION Glacier Fork Hydropower, LLC Renewable Energy Fund Grant Application Glacier Fork Hydroelectric Project SEPTEMBER 15, 2010 PAGE 8 ATTACHMENT I – MAPS AND SUPPLEMENTAL INFORMATION THIS PROJECT STATE INDEX MAP LOCATION MAP LOCATION MAP PROJECT SITE