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HomeMy WebLinkAboutSouthwest Alaska Regional Geothermal Energy Project NEA Application Renewable Energy Fund Round 3 Grant Application Application Forms and Instructions The following forms and instructions are provided to assist you in preparing your application for a Renewable Energy Fund Grant. An electronic version of the Request for Applications (RFA) and the forms are available online at: http://www.akenergyauthority.org/RE_Fund-III.html Grant Application Form GrantApp3.doc Application form in MS Word that includes an outline of information required to submit a complete application. Applicants should use the form to assure all information is provided and attach additional information as required. Application Cost Worksheet Costworksheet3 .doc Summary of Cost information that should be addressed by applicants in preparing their application. Grant Budget Form GrantBudget3.d oc A detailed grant budget that includes a breakdown of costs by milestone and a summary of funds available and requested to complete the work for which funds are being requested. Grant Budget Form Instructions GrantBudgetInst ructions3.pdf Instructions for completing the above grant budget form.  If you are applying for grants for more than one project, provide separate application forms for each project.  Multiple phases 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 completion of each phase.  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 satisfied and funding for an advanced phase is warranted.  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. REMINDER:  Alaska Energy Authority is subject to the Public Records Act AS 40.25, and materials submitted to the Authority 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.  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 the Authority. If you want information is 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. Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 2 of 33 10/7/2009 SECTION 1 – APPLICANT INFORMATION Name (Name of utility, IPP, or government entity submitting proposal) Naknek Electric Association, Inc. (NEA) Type of Entity: 501(c)(12) Not-For-Profit Electric Generation and Distribution Cooperative Mailing Address PO Box 118 Naknek, Alaska 99633 Physical Address #1 School Road Naknek, Alaska 99633 Telephone 907 246 4261 Fax 907 246 261 Email dvukich@nea.coop 1.1 APPLICANT POINT OF CONTACT Name Donna Vukich Title NEA - General Manager Mailing Address Naknek Electric Association, Inc. PO Box 118 Naknek, Alaska 99633 Telephone 907 246 4261 Fax 907 246 6242 Email dvukich@nea.coop 1.2 APPLICANT MINIMUM REQUIREMENTS Please check as appropriate. If you do not to meet the minimum applicant requirements, your application will be rejected. 1.2.1 As an Applicant, we are: (put an X in the appropriate box) X An electric utility holding a certificate of public convenience and necessity under AS 42.05, or An independent power producer in accordance with 3 AAC 107.695 (a) (1), or A local government, or A governmental entity (which includes tribal councils and housing authorities); Yes 1.2.2. Attached to this application is formal approval and endorsement for its project by its 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 or No in the box ) Yes 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. Yes 1.2.4. 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 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. Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 3 of 33 10/7/2009 SECTION 2 – PROJECT SUMMARY This is intended to be no more than a 1-2 page overview of your project. 2.1 Project Title – (Provide a 4 to 5 word title for your project) Southwest Alaska Regional Geothermal Energy Project 2.2 Project Location – Include the physical location of your project and name(s) of the community or communities that will benefit from your project. Geothermal exploration and development will take place on a parcel owned by Naknek Electric Association, Inc. The allotment resides within the Bristol Bay Borough in T17S, R44W, Section 131/2SW1/4 and Section 23, NE1/4NW1/4SM. Project related administration, accounts receivable and all accounting tasks will be performed at NEA's headquarters building in Naknek, Alaska. Geothermal Project Location Map Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 4 of 33 10/7/2009 Geothermal Project Distribution Network Project Objectives: The Southwest Alaska Regional Geothermal Energy Project Phase s I and II will identify and test the geothermal resource at the Pike’s Ridge site in King Salmon, Alaska for utility -scale electric generation and district heating application. Although the project focuses on bringing firm, stable, and reliable geothermal energy online in the region, additional value lies in local project demonstration, manpower development and employment, technology transfer and applicability to geothermal development in the region. In support of its goals to develop geothermal power NEA is currently drilling a full-diameter well, Naknek-G #1. The planned depth and completion for well G-1 is summarized in Figure 1. Because the anticipated temperature gradient in the Naknek area is comparable to most areas of the earth and does not appear to be elevated, this well will be cased to 10,000 feet and drilled to a total depth (TD) of up to 14,000 feet. The production interval is anticipated to consist of Jurassic crystalline basement rock, which will be found below Tertiary volcanics of the Meshik Formation and probably the older sedimentary rocks of the Stepovak Formation. Considering the lack of surface features that would suggest the presence of a conventional hydrothermal resource, NEA is preparing for the need to develop geothermal power using EGS techniques. Therefore, the Naknek EGS project provides an opportunity to demonstrate EGS technology in an environment that can support higher energy costs than most places in the United States, and has normal temperature gradients. These characteristics will enable the Naknek EGS project to serve as a blueprint for EGS development not only in the many remote regions of Alaska, but also across broad areas of the United States that have normal temperature gradients. The Southwest Alaska Regional Geothermal Energy Project is driven forward by a particular set of circumstances relating to its demographics and remote location. NEA is committed to pioneering geothermal Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 5 of 33 10/7/2009 development in service to the region and its environment, and has worked hard to make the program as lean as possible without sacrificing integrity, either in terms of background science or project implementation. Geophysical surveys were conducted and used to corroborate aeromagnetic surveys. Based on confluent information a well was sighted and a drilling program designed to investigate a greenfield environment. The resource confirmation and evaluation phase will test the validity and interpretation of geophysical data. The project will demonstrate that geothermal energy technologies including EGS can be applied in areas not normally considered for geothermal power development and commercial implementation. The project serves as a stepping stone to a regional geothermal power initiative for Southwest Alaska . Poised both geographically and geologically for major economic productivity the transformation of natural resources like seafood, oil, gas and minerals, into globally viable market commodities at the local level, using geothermal energy will provide economic benefit to the region, state and the nat ion. Natural resources, geology, proximity to international shipping lanes and the region's emerging role in the international rush for control and exploitation of the Arctic make Southwest Alaska an attractive region for public investment in geothermal development. Project Scope: As part of the US Department of Energy’s objective of advancing the science, engineering and practice of EGS, a comprehensive EGS field demonstration project has been proposed at Naknek, Alaska. The Naknek EGS project is being undertaken to provide an alternative to fossil fuel for power generation, thus ensuring predictable future energy costs , stabilizing communities in the region. Consistent with DOE’s goals, this project seeks to characterize the region of Alaska lying b ehind the volcanic arc, and will create and validate a sustainable EGS reservoir to initially supply a 25 MW geothermal power plant. Long-term testing will be undertaken to enable scale-up to a project size of 50 MW or more, which will supply an increased industrial demand and 30+ communities in Southwestern Alaska. Phase I activities focus on characterizing the rocks encountered in well Naknek-G #1 in ways that will facilitate the development of an EGS reservoir. A key element in the plan is the determination of stress field orientation and the dominant mode of faulting in the area. Based on the tectonic history of this part of Alaska, there was a compressional regime that resulted from active accretion, which resulted in the formation of major NE-trending thrust faults. In more recent geologic time, these large, NE-trending fault zones have changed to become both strike-slip and normal faults, and additional cross -faulting has developed. Therefore, in Phase I of the project, the stress field will be evaluated using a variety of methods including: 1) geology; 2) seismology to determine the mode(s) of faulting; 3) acquisition and analysis of density and downhole image logs in well Naknek-G #1; 4) an extended leak-off test or “mini-frac”; and 5) after installing an appropriate seismic monitoring network and developing a suitable protocol for induced seismicity, the design, execution and analysis of a “pre-stimulation” injection test in well Naknek-G #1 to confirm the direction of reservoir “growth” during the full stimulation that will be undertaken in Phase II. After full stimulation, a second well would be drilled into the stimulated zone in Phase II, completing the production-injection doublet. As the last steps in Phase II, the doublet would be tes ted for several months, and the data from the test analyzed to permit modeling of future reservoir behavior and to make a preliminary evaluation of the potential for scaling up to a larger development. The Phase III goal is to generate 25 MW of geotherm al power to supply electricity and heating requirements to three local communities and beyond as interconnection infrastructure is completed and continuous monitoring for development of a scale-up plan based on analyses of long-term performance test data. 2.3 PROJECT TYPE Put X in boxes as appropriate 2.3.1 Renewable Resource Type Wind Biomass or Biofuels Hydro, including run of river X Transmission of Renewable Energy X Geothermal, including Heat Pumps Small Natural Gas Heat Recovery from existing sources Hydrokinetic Solar Storage of Renewable Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 6 of 33 10/7/2009 Other (Describe) 2.3.2 Proposed Grant Funded Phase(s) for this Request (Check all that apply) Reconnaissance X Design and Permitting Feasibility X Construction and Commissioning Conceptual Design 2.4 PROJECT DESCRIPTION Provide a brief one paragraph description of your proposed project. Naknek Electric Association, Inc. is committed to lowering utility rates and the cost of living in the Bristol Bay Region. To that end the utility has begun characterizing; developing and testing the geothermal resource for production of utility scale electric, home heating and direct use applications. A transmission network will extend the benefits of indigenous, clean and renewable energy to the region . The project will create sustainable “New Energy” jobs during construction and career employment opportunities in operations and maintenance throughout the life of the project. Long-term and regional in scope, both energy generation and distribution aspects of the project are multi-phased to achieve near and long-term economic development, energy security and independence. Initially a 25 MW generation plant, district heating system and interconnection will serve eight communities in the Northern Bristol Bay area, and later up to 50 MW for a larger region of Southwest Alaska. The project will increase economies of scale, replace not displace the use of No.1 and No.2 diesel fuel, and reduce costly and potentially hazardous transportation of fossil fuels along habitat sensitive waterways in Bristol Bay, home of the world’s largest wild salmon runs. 2.5 PROJECT BENEFIT Briefly discuss the financial and public benefits that will result from this project, (such as reduced fuel costs, lower energy costs, etc.) Project’s Ability to Offset Fossil Fuel Use The primary driver for this project is to reduce the reliance on diesel power at Naknek and in other communities in the Bristol Bay Region in Southwest Alaska. Naknek hosts the world’s premier salmon runs, and most of its residents earn much of their entire year’s income during the summer salmon fishing season. Exacerbating this situation, the need for heat and power are highest when income is lowest. The alarming rise in diesel fuel costs and the resulting d ecline in the population are the primary drivers in NEA’s search for a reliable, stably-priced alternative source of energy. That is the fundamental basis for this project. Alaska is a young state with very little transportation infrastructure beyond a h andful of population centers located along the railbelt. Building “New Energy” generation and transmission infrastructure will allow exploitation of the region’s natural resources, seafood, oil and gas and minerals. Bringing geothermal energy online in Bristol Bay will enhance economic and energy security by reducing demand for high cost diesel and transportation fuels while decreasing the environmental liability and associated regulatory compliance costs. Because of the extremely high energy costs in targeted communities the project provides a unique opportunity for geothermal advancement in an environment capable of supporting higher energy costs than most places in the US. At Naknek Electric Association, Inc., diesel generation produces electricity at .43/kWh. In the cooperative’s service area alone the diesel fuel surcharge reflected in electric rates charged to consumers from 2006-2007 increased by about 120% or more than $150.00 per month for a typical residential customer. 2008 utility fuel cos ts surpassed 2007 records by 80%. 2009 costs are expected to remain stable. NEA belongs to the Western Alaska Fuel Group; organized to exert purchasing power and control costs with coordinated fuel deliveries and bulk purchasing. Even with this effort fuel prices increased 275% over a four-year period. Alaska’s rural citizens in general and target communities specifically contribute larger portions of their discretionary incomes to energy costs than urban counterparts, and are more conservative in their use. End-user efficiency is not the issue. Home heating and electric generation represents 2/3 of the total energy consumed by rural residents. Both industrial and residential consumers are dependent on a single source of energy placing local communities at the mercy of a volatile global market. From a purely socio-economic stand point regional communities are faced with an uncertain future. Out-migration is a Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 7 of 33 10/7/2009 major concern and a “eat or heat” sentiment is forcing rural populations off the land and int o larger rural hubs and urban living situations where subsistence and cultural norms are not reinforced , placing additional burden on housing, schools and social services. The situation is critical, a region and a culture are at risk. Regional geothermal energy generation will potentially displace 6 million gallons of diesel fuel used for electricity and heating requirements. Over $15,000,000 per year in avoided fuel costs is a conservative potential benefit estimate. Based on current fuel prices, NEA alone will see a $6 million dollar savings annually. Stabilizing energy costs will foster economic development in the region’s resource based industries, fishing and resource extraction. Tourism and service sector employment opportunities will grow as will a perceived environment of security and well-being that is absent today as evidenced in unprecedented outmigration Project’s Role in Advancing EGS Technology The Southwest Alaska Regional Geothermal Energy Project will advance EGS development and demonstration technologies. There are many different types of site characterization and stimulation activities that could be proposed. For the Naknek EGS project, we have focused on the essential elements that will characterize the rock mass and enable an effect ive stimulation, based on previous experience in enhancing permeability in deep reservoirs. The project will advance EGS development by moving it beyond the hotter areas of the western US and into normal temperature gradient regimes, particularly where high energy costs (as exist in Southwest Alaska) can support the higher drilling costs required to reach greater depths and suitable temperatures for power generation. EGS has the potential to provide a significant portion of the electrical energy requirement of the United States. Climate Change By reducing the demand for imported fuel and fossil energy related emissions the project will cut air quality regulatory fees and costly band-aid solutions to emissions management. These costs will rise as energy intense industries are held liable for environmental pollution. Air quality related savings due to drastically reduced emissions in a geothermal system will shave $.01 / kWh from electric rates in NEA’s service area. This benefit will increase as the costs of burning fossil increases. Project’s Contribution to Understanding Regional Geology Developing a geologic/geothermal model, including quantifying rock properties, stress, petrology and mineralogy of target formations, etc., is a fundamental part of the proposed work that will benefit geothermal development. Apart from the work undertaken by NEA (see Project / Site Characterization document), there are no such existing data. That’s why the project will collect data to determine the geologic model of the area in the course of drilling, logging and testing well Naknek -G #1, and Naknek-G #2 and subsequent wells. Renewable Energy Job Creation and ARRA The project promotes the objectives of the American Recovery and Reinvestment Act of 2009 by creating and preserving jobs in both the short-term and long-term, stimulating economic recovery through the use of goods manufactured in the United States wherever possible, and assisting in demonstrating economic efficiency through technological advancements in the renewable energy sector. The Southwest Alaska Regional Geothermal Energy Project is providing renewable energy jobs in the construction, drilling, engineering, consulting, operating and management of geothermal projects. As owner of Drill Rig #7, NEA recognizes the importance of developing a workforce capable of operating safely and efficiently on a geothermal drill site. In consultation with Alaska Department of Labor and Workforce Development Division of Business Partnerships (DOL DBP) a pre-apprenticeship course is being developed and 10 of the project’s local hires are daily attending 4 hours of classroom training specific to Rig #7 and geothermal drilling operations, and 8 hours of on the job training. Full apprenticeship course offerings will be tailored to meet the project’s workforce requirements . The apprenticeship program will stress career path options, and prepare and retain workers in the geothermal energy industry. High apprenticeship program enrollment numbers and accelerated learnin g and earning behavior are likely program outcomes as trainees understand career path options. Training topics, selected by veteran drillers, emphasize geothermal well drilling and provide trainees with basic vocabulary, communication, task identification, safety awareness and skills required for safe and efficient geothermal drill site operations. T he training course will provide survey and introductory information on Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 8 of 33 10/7/2009 well control and blow-out-prevention techniques as well as an opportunity to explore high-tech well monitoring and testing. NEA's geothermal drill site will host trainees at specified intervals during the 4 week course and facilitate interface with professionals performing specialized drilling support operations. Trainees will complete a certified Adult First Aid/CPR course, OSHA 10 and all other required safety certifications. Working with SAVEC and the Alaska Department of Labor – Division of Business Partnerships, trainers will certify course hours for college credits and apprenticeship requirement purposes. NEA will certify apprenticeship on the job hours. Davis-Bacon Act Assurance NEA project management provides assurance that all employees whether compensated wholly or in part by state and/or federal agency disbursement of public funds (ie. ARRA) are paid wages at rates not less than those prevailing on projects of a character similar in the locality as determined by the Davis -Bacon Act and that both applicant and project will comply with all provisions in the Act. Economy of Scale - Transmission and Distribution The annual cost of service for NEA is about $5.9 million. Of that, diesel fuel for generation amounts to $3.5 million. With sales of 20,000 MWh annually the effective average cost of service for the residential and commercial customers of NEA is .30/kWh, of which .18/kWh is fuel related. Under these conditions, the net cost of NEA generation, transmission and distribution system is about .12/kWh. For a target average cost of .13 /kWh the effective delivered cost to the NEA electric system for geothermal power must be less than or equal to .01/kWh. Geothermal systems in the “Lower 48” are expected to produce power at an effective cost of about 1.5/kWh. The cost of drilling production wells, transporting equipment and materials to Alaska, and associated construction activities could result in busbar delivery costs two times higher or about .03/kWh. The cost of energy would be about $585,000. However, provision of the hot water service and wholesale power sales to regional utilities is expected to reduce that cost in return for undertaking the investment and operating the facility. The expected utilization of the geothermal facility for the purposes of electric sales to NEA would be about 50% (12 MW and annual energy of 22,000,000 MWh). Wholesale power sales of the additional generation capacity to the regional utilities (increases sales to offset self - generation of local commercial facilities) would offset costs, as would sales of thermal energy to offset space and heating requirements. With a net O&M and carrying cost of the regional transmission system of .05/kWh, sales of 15MW of the 25MW available would displace .18 power of other utilities. While the full avoided cost is unlikely to be garnered by NEA, a reasonable assumption would be a margin on all wholesale power sales. A geothermal facility of 25 MW installed in the NEA service area, would have the capability of producing 155,700 MWh in excess of current NEA system requirements. Wholesale power sales to regional utilities at a margin of but .03 / kW h will produce a cash flow of about $467,000 million, offsetting NEA cost of energy. Southwest Alaska Regional Geothermal Energy Project Resource Benefits Preliminary Geothermal Impact Analysis – First Year Full Operation Energy Resource Economics Annual Energy MWh Annual Cost NEA Avg. Rate $000 ¢/kW h Naknek Electric Distribution System L oad 12 MW Annual Load Factor 20.5 % 21,550 Annual Non-Fuel System Cost of Service 5,993 27.8 Annual Fuel Cost 15 kWh/gal Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 9 of 33 10/7/2009 2.50 $/gal 3,592 16.7 Naknek Average Cost per kWh (net of fuel) 11.1 Geothermal Plant Capacity 25 MW Plant Capacity Factor 85 %/yr 186,15 0 Geothermal Cost: Nevada Facility 1.5 ¢/kWh Alaska Differential (times 2) 3.0 ¢/kWh 21,550 646 3.0 Naknek Average Cost per kWh (all energy geothermal) 14.1 Potential Wholesale Power Sales Net Available for Wholesale Gross MWh - NEA 164,60 0 Energy 30 % of avail. 49,380 Margin Requirement (NEA) 10 % 148 0.7 Naknek Average Cost per kWh (after geothermal and wholesale power sales) 13.5 Other Revenues: Offset Fuel Oil Cost 4.00 $/gal* 30.30 $/MMBtu B Btu Heat Load Residential 700 homes Fuel Displaced 100 gal/mo. 110.9 -3,360 Heat Load Commercial 100 buildings Fuel Displaced 5000 gal/mo. 792.0 -6,000 District Heat Loop 15 mi. Capital Cost (inc. conversion) 350 $000/mi. Fixed Cost Recovery, 30 yr., 5%, $000 342 Operating Cost, 1% Capital 52.5 $000/yr. Total Annual Cost 394 Avoided Fuel Cost 902.9 -8,966 Avoided Cost, Equivalent ¢/kWh* -3.4 Naknek Net Average Cost per kWh (after credit for heat sales) 10.1 * 1 kWh = 3413 Btu 2.6 PROJECT BUDGET OVERVIEW Briefly discuss the amount of funds needed, the anticipated sources of funds, and the nature and source of other contributions to the project. DOE Cost-Share Geothermal development is hampered by very high up-front costs. Government investment can accelerate the development of geothermal energy resources by supporting initial exploratory drilling to discover and confirm production potential. DOE’s Geothermal Technologies Program is focused on cost cutting technologies for developing EGS and finding hidden geothermal systems. The Southwest Alaska Regional Geothermal Energy Project was selected as one of only three Enhanced Geothermal System (EGS) demonstration projects funded through the US Department of Energy Geothermal Technologies Program by the American Reinvestment and Recovery Act. NEA’s EGS demonstration proposal received a $12.3 million award. Drill Rig #7 – In-Kind Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 10 of 33 10/7/2009 NEA has assumed $8.5 million in long-term debt to purchase Rig #7 which will be used as NEA match in this proposal. Rig #7 day rates were established based on long-term debt, interest, and length of the drilling season. In-kind value of Rig #7 is $2,750,409 million for Phases I and II Program Plans presented in this proposal. Additionally, NEA established a $10 million line of credit to cover start-up and encumbered expenses associated with drilling well Naknek -G #1. Congressionally Directed Project Appropriation The project is supported by Alaska’s federal delegation and thanks to sustained efforts by Senators Murkowski and Begich, and Representative Young, two hard earmarks survived the legislative process and $5.4 million has been appropriated in the 2009 and 2010 Water and Energy Bills through DOE’s EERE. Renewable Energy Fund Grant NEA’s proposal to the Renewable Energy Fund Grant Program assigns $15,000,000 in state funding to Phase I and II drilling activities. REFG investment in regional geothermal energy development will reduce the burden to cooperative members who have assumed the up -front costs of exploration and development. REFG funds will match DOE investment in the EGS demonstration project. REFG funding will be applied to Phase I and II program development as specified in the proposal or as negotiated with the funding agency. The budget presented in the Grant Budget Form represents only the costs of Phase I and II program development. They are based on actual quotes or, in instances where Phase I Program tasks have been completed or are in progress, actual invoices where used in calculating cost estimates. Cost estimates for subsequent phases are presented below to provide an overview of project phases and costs. Southwest Alaska Regional Geothermal Energy Project – Phased Development Project Resources Cost Share Enhanced Geothermal Systems Demonstration United States Department of Energy - Golden Field Office 12,376,568 Congressionally Directed Project - 2009 Water and Energy Bill United States Department of Energy - Golden Field Office 2,854,500 Congressionally Directed Project - 2010 Water and Energy Bill United States Department of Energy - Golden Field Office 2,500,000 NEA $5,400,000 - In-Kind Drill Rig #7 2,750,409 Research Scientist Stephen H. Hickman USGS University of Wisconsin – In-Kind 25,000 Renewable Energy Fund Grant 15,000,000 TOTAL $35,506,477 Project Costs Costs Phase III: Final Design and Permitting Construction Resource Assessment - Permitting - EGS Testing 35,506,477 Phase IV: Construction, Commissioning, Operation, Reporting Generation Facility - District Heating System 60,000,000 Phase V: Interconnection Phase I - 157 Miles 60,000,000 TOTAL $155,506,477 Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 11 of 33 10/7/2009 2.7 COST AND BENEFIT SUMARY Include a summary of grant request and your project’s total costs and benefits below. Grant Costs (Summary of funds requested) 2.7.1 Grant Funds Requested in this application. $15,000,000 2.7.2 Other Funds to be provided (Project match) $20,506,477 2.7.3 Total Grant Costs (sum of 2.7.1 and 2.7.2) $35,506,477 Project Costs & Benefits (Summary of total project costs including work to date and future cost estimates to get to a fully operational project) 2.7.4 Total Project Cost (Summary from Cost Worksheet including estimates through construction) $35,506,477 2.7.5 Estimated Direct Financial Benefit (Savings) $6,000,000 for NEA Fuel Annually 2.7.6 Other Public Benefit (If you can calculate the benefit in terms of dollars please provide that number here and explain how you calculated that number in your application (Section 5.) $328,000,000 SECTION 3 – PROJECT MANAGEMENT PLAN Describe who will be responsible for managing the project and provide a plan for successfully completing the project within the scope, schedule and budget proposed in the application. 3.1 Project Manager Tell us who will be managing the project for the Grantee and include a resume and references for the manager(s). 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. Management Concept and Organizational Structure NEA’s General Manager Donna Vukich is the project director and principal investigator. Ms. Vukich has 20 years of experience managing a small utility that each year experiences a highly variable load that relates to the salmon fishing season, when the population and energy demand of the area increases by nearly a factor of 5. With a proven track record of accomplishing complex and difficult tasks with limited resources, she has driven a geothermal / EGS agenda from the start. Under the overall management of NEA, the project has several sub-managers that will enable the proposed tasks to be conducted. For geological interpretation and logistics for drilling, stimulation and testing operations, NEA has retained Alaska Earth Sciences (AES). AES has overseen the interpretation of regional and local geologic data and has provided both technical and logistical support to the drilling operation including mobilizing all the needed subcontractors for specialized services. For permitting, NEA has retained The Castle Mountain Group, which has significant experience in permitting oil and gas operations, and now, the first -ever deep geothermal well in Alaska. GeothermEx will take the role of coordinating and managing the technical activities associated with the EGS project, and has specified all of the activities in the EGS program. GeothermEx will coordinate the efforts of the oth er EGS contractors during the project, and will compile data from each to be included in reports and publications about the project. NEA management negotiated a labor contract with ThermaSource who will provide drill rig operation and field supervision dur ing drilling and testing operations. NEA’s company man Nick Scales and his relief, Dan Shearer, will manage the site 24/7, provide contract services oversight and report regularly to NEA project management. Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 12 of 33 10/7/2009 3.2 Project Schedule Include a schedule for the proposed work that will be funded by this grant. (You may include a chart or table attachment with a summary of dates below.) Start Completion Technical Milestone Date Date Concept Developmen: 1 Gather and review data 4/1/09 7/15/09 2 Prepare proposals 6/1/09 7/30/09 Funding Decisions 9/15/09 3 Agency Negotiations 10/1/09 10/31/09 Phase I Program Plan 0 Drill Naknek-G #1 8/1/09 11/20/09 1 Deploy temporary surface-based seismic array to collect baseline seismic data, calibrate velocity model and prepare for later stimulation 9/1/09 8/31/10 2 Mobilize geophysical logging equipment 8/15/09 9/15/09 3 Electric logging, 3,000-8,000 feet (sonic-gamma-density) 9/25/09 9/26/09 4 Mobilize PTS and pressure monitoring logging equipment 9/15/09 10/1/09 5 Electric logging, 8,000-10,000 feet (sonic-gamma-density) 10/14/09 10/16/09 6 Core and mini-frac (extended leak -off test) at 10,000 feet 10/22/09 10/26/09 7 Electric logging, 10,000-14,000 feet (sonic-gamma-density with Stoneley wave and cross-dipole; FMI with gamma for correlation) 11/11/09 11/14/09 8 Core collection at TD (14,000 feet) 11/14/09 11/16/19 9 Pre-stimulation injection test using rig pumps, with TPS logging and reactive tracer injection (air-lift/flow-back at end to recover tracer) 11/17/09 11/20/09 10 Heat-up temperature profiles over ~6-8 weeks to enable stabilized temperature and pressure (water rest level) data to be obtained 12/1/09 1/31/09 11 Petrological/mineralogical analyses of cuttings from 10,000- 14,000 feet 12/1/09 1/31/10 12 Mechanical testing of cores from 10,000 and 14,000 feet 12/1/09 1/31/10 13 High-temperature reactor experiments on cuttings from potential stimulation intervals to identify best agents for chemical stimulation 12/1/09 1/31/10 14 Analysis of all logs (TPS, FMI, sonic), rock strength and mini-frac data to develop stress model 12/1/09 1/31/10 15 Design of seismic monitoring system and permitting of ~6 core holes for shallow downhole deployment of seismometers 1/15/10 2/28/10 16 Conceptual modeling of resource based on all data - FULL TEAM MEETING 1/15/10 2/28/10 17 Progress Report: favorability of well Naknek G-1 for stimulation (to enable funding for implementation of seismic network) 3/1/10 3/15/10 Agency Feedback 3/31/10 18 Seismic monitoring system set-up (drill 6 shallow holes, install equipment, calibrate system and velocity model, deploy 3 accelerometers for ground movement monitoring) 4/1/40 5/15/10 19 Pre-stimulation of well Naknek G-1 with thermally reactive tracer injection and modeling to estimate fracture surface area 6/1/10 6/30/10 20 GROUP MEETING: Data integration and stimulation planning 7/1/10 7/15/10 21 Phase I Reporting throughout according to Agency requirements 7/31/10 22 Go / No-Go Decision Point: 1) favorability of Naknek G-1 for 8/1/10 8/15/10 Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 13 of 33 10/7/2009 stimulation; 2) selection of site and depth for second well (based on stress orientation and pre-stimulation results) Agency Decision 9/15/10 Phase II Program Plan 1 Permitting and procurement for full stimulation 8/1/10 10/15/10 2 Chemical and/or hydraulic stimulation of well Naknek G-1; seismic monitoring; post-stimulation injection test with detailed TPS logging in Naknek G-1 and continued seismic monitoring 11/1/10 11/30/10 3 Integrated evaluation of stimulation results and finalization of site and depth for new well 12/1/11 1/31/11 4 Go / No-Go Decision: Suitability of stimulated reservoir to support drilling of second well 2/1/11 2/28/11 Agency Decision 3/31/11 5 Well design 12/1/10 12/31/10 6 Permitting and procurement 1/15/11 2/28/11 7 Road construction as needed; water supply to drilling site 9/1/10 11/30/10 8 Drill well G-2 following same EGS program (during and after drilling) as in G-1. Downhole pressures to be monitored in G-1 while drilling G-2. 3/1/11 6/30/11 9 Heat-up temperature profiles over ~6-8 weeks to enable stabilized temperature and pressure (water rest level) data to be obtained 7/1/11 8/31/11 10 Geologic analysis of cuttings and core samples from new well; mechanical testing of core samples; analysis of well logs; evaluation of seismic data 7/1/11 8/15/11 11 Data integration and stimulation planning - GROUP MEETING 8/15/11 8/31/11 12 Progress Report: Suitability of new well to stimulation 9/1/11 9/15/11 Agency Decision 9/30/11 13 Chemical and/or hydraulic stimulation of G-2; seismic monitoring; hydraulic monitoring in G-1; post-stimulation injection test with detailed TPS logging in new well, continued seismic and hydraulic monitoring 10/1/11 10/31/11 14 Integrated evaluation of stimulation results and design of circulation test program 11/1/11 11/30/11 15 Progress Report: Suitability of circulation test plan 12/1/11 12/15/11 Agency Decision 12/31/11 16 Permitting and procurement for circulation testing 1/15/12 2/28/12 17 Circulation testing including tracer testing and fluid sampling 3/1/12 5/31/12 18 Analysis of testing results and modeling of future system behavior 6/1/12 7/31/12 19 Phase II Reporting throughout according to Agency requirements 8/31/12 20 Go / No-Go Decision: Suitability of enhanced reservoir for geothermal power production 8/1/12 8/31/12 Agency Decision 9/30/12 3.3 Project Milestones Define key tasks and decision points in your project and a schedule for achieving them. The Milestones must also be included on your budget worksheet to demonstrate how you propose to manage the project cash flow. (See Section 2 of the RFA or the Budget Form.) Project Milestones are highlighted in 3.2 Project Schedule above. Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 14 of 33 10/7/2009 3.4 Project Resources Describe the personnel, contractors, equipment, and services you will use to accomplish the project. Include any partnerships or commitments with other entities you have or anticipate will be needed to complete your project. Describe any existing contracts and the selection process you may use for major equipment purchases or contracts. Include brief resumes and references for known, key personnel, contractors, and suppliers as an attachment to your application. Contract negotiations and the budgeting process have been approached very carefully, consistent with NEA’s objective of getting the most information possible from the drilling, characterization and testing activities in the program. For all major activities, multiple bids ha ve been sought to ensure fair pricing and encourage competition. However, the lowest bid has not always been accepted; in some cases, the experience of a contractor was deemed to be worth a higher cost. Other than for minor activities, all costs presented herein are based on firm quotes from the contractors who will do the work. The EGS team includes renowned experts in required fields: 1) conventional geothermal and EGS resource drilling, characterization, testing and development (the GeothermEx team); 2) seismology and active and passive seismic monitoring in volcanic areas (Stephanie Prejean of USGS and Clifton Thurber of University of Wisconsin, and the e4sciences team led by Peter Malin); 3) stress analysis (Steve Hickman of USGS and the team from GeoMechanics International); and 4) a pioneer in tracer development and tracer test analysis (Dr. Peter Rose of University of Utah / EGI) is also a veteran of several other EGS projects and long-term test programs. Wellbore logging (both geophysical and PTS logging will be the domain of Baker Atlas, a firm with long experience and a great reputation for commitment to data quality. Core testing and petrologic/mineralogic analyses will be conducted by TerraTek, a world leader in these areas. Geological, logistical and environmental support is provided by Alaskan experts Alaska Earth Sciences and The Castle Mountain Group. These entities have come together to develop the plan described herein and execute a world-class EGS project in a remote area of Alaska. GeothermEx In business since the early 1970s, GeothermEx is a world leader in geothermal resource development, assessment and operations. GeothermEx’s involvement with Enhanced (or Engineered) Geothermal Systems (EGS, also referred to as Hot Dry Rock or Hot Fractured Rock) began in the late 1990s in support of a new effort by the US Department of Energy to advance the status of EGS technology. This work included a technical evaluation of the results of the first-ever EGS project (at Fenton Hill, New Mexico) and to identify sites for new EGS projects in the United States. Another major focus of this work was to gain the interest and participation of the US geothermal industry in EGS developments, which was approached by initially undertaking EGS activities in areas within or adjacent to existing hydrothermal developments, thus advancing EGS techniques in locations where additional heat recovery can increase the generation from existing projects. This approach was adopted in the first two DOE -supported EGS field projects in the United States (Coso and Desert Peak). Since 2003, GeothermEx has served as the technical manager of Ormat’s Desert Peak EGS project. EGS techniques successfully used elsewhere are combined with GeothermEx’s long and practical experience in the development and utilization of conventional geothermal resources to provide a practical approach to EGS development. Novel well testing and well test analysis techniques have been developed by GeothermEx to evaluate the characteristics and radius of the stimulated zone, and numerical simulation techniques have been used to make the first comprehensive evaluation of the power generation prospects. The latter work investigated a number of practical issues, including defining project success criteria (net generation profile over the project life) and identifying the reservoir and operating characteristics that have the most impact on long-term generation. The resulting estimations of heat recovery and conclusions about the relative importance of d ifferent reservoir characteristics are much cited in the EGS literature. In the field projects, GeothermEx serves as a liaison between the field operator and numerous research organizations, enabling project activities to meet the needs of both groups while advancing EGS technology. A successful mini-frac was recently completed in the target well, which will be hydraulically stimulated later this year. GeothermEx has a similar role in Ormat’s second EGS project at Brady's Hot Springs; this project is just getting underway. In the Naknek EGS project, GeothermEx will provide technical support in nearly all tasks, and will take the Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 15 of 33 10/7/2009 role of integrating the various activities and analyses of multi-disciplinary data to ensure the best outcome for NEA and DOE. Further, GeothermEx will have the lead role in well testing, well test / circulation test analysis, and in modeling future reservoir behavior. In developing this proposal, NEA and GeothermEx have focused on the essential elements of EGS development to pr ovide the best opportunity for producing EGS power in a remote environment with a normal or near-normal temperature gradient. Ann Robertson-Tait (Senior Geologist) will lead the effort and coordinate all work for GeothermEx. Eduardo Granados (VP of Drilling Services) will take on all well design and drilling-related aspects of the work, and Dr. Subir Sanyal (President and Manager of Reservoir Engineering) and the senior members of the Reservoir Engineering staff will plan, execute and analyze all testing of individual wells, and the circulation testing of the EGS doublet. Further, the GeothermEx reservoir engineering staff will develop a numerical reservoir model for forecasting long-term behavior of the EGS reservoir. GeoMechanics International - GMI For its many commercial clients around the world, GMI has undertaken analyses aimed at understanding the ambient stress environment and how it relates to natural resource development. Working mainly in the oil & gas industry, GMI’s principals have pioneere d techniques aimed at evaluating fractured reservoirs and estimating the pore pressures required to achieve effective results from hydraulic stimulations. GMI has developed analytical techniques and specialized software for geomechanical modeling and anal ysis; these will be employed in the Naknek EGS project. GMI has trained experts at many resource companies in the fundamentals and applications of geomechanics to their particular resource development issues. The GMI team will consist of the company principals Dr. Colleen Barton and Dr. Daniel Moos, and Geophysicist Judith Sheridan, an expert in wellbore image log analysis and interpretation. e4sciences - Institute of Earth Science and Engineering - University of Auckland, New Zealand Responsible for seismic monitoring system and analysis of MEQ data for the Naknek EGS, this team has a long history of providing geological, geophysical and geotechnical evaluations in support of resource development and major construction projects. Geothermal experience includes surface and/or borehole MEQ monitoring in Krafla (Iceland), Wairakei (New Zealand), Longonot (Kenya), Mammoth / Long Valley (California) and Puna (Hawaii), and MEQ monitoring of hydraulic stimulations for EGS projects in Basel (Switzerland) and Paralana (Australia). This group has developed leading -edge hardware (seismometers capable of withstanding temperatures to 200°C for long periods, ultra-slim seismometers for deployment in the SAFOD hole drilled into the San Andreas Fault in California) and innovative MEQ analysis techniques (shear-wave splitting tomography for estimating permeability anisotropy, joint analysis of seismic and other geophysical data). The design and implementation of the monitoring network, including the deployment of accelerometers in the nearby communities, will be the domain of Mike Hasting and Daniel Rosales, veterans of numerous similar projects, and data analyses will be undertaken by Dr. Peter Malin and Dr. Eylon Shalev of IESE. For this project, a minimum 10 station seismic array will be deployed around the drilling site with a maximum distance of about 4km, approximately one source depth, from the borehole location. The array will be configured as a real-time network. Seismic ground motion data from each station will be forwarded to a local field office where a data acquisition computer will record all waveforms and scan the data in real-time for seismic events. The primary objectives of the injection monitoring will be to provide NEA with a real -time picture of the extent of micro earthquakes being produced during hydro-fracturing. Both the area and the direction of fluid/fracture propagation will be determined. The injection monitoring data will also be processed later using a double difference location algorithm to provide a detailed fracture propagation map. For this purpose, a tomographic inversion model will first be developed for the velocity structure around the borehole. e4sciences will evaluate the possibility of using first motions to determine micro earthquake focal mechanisms, as well as trying to determine moment-tensor solutions for larger events. Standard stress-drop calculations for the microseismic events will also be completed to allow better comparison of the event sizes. University of Wisconsin and the US Geological Survey UW and USGS will install and maintain a 10-station temporary seismic array centered on the Naknek geothermal site for passive MEQ monitoring. The array will be deployed for approximately one year starting in late summer-early autumn 2009, spanning the time period of proposed mini-frac and stimulation work. It will consist of 3-component stand-alone systems, mainly with short-period sensors Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 16 of 33 10/7/2009 but potentially one or two broadband sensors, powered by 12-volt batteries or air cells. Data will be recorded continuously at a minimum sample rate of 100 samples per second. The array design is intended to provide close-in recording to optimize detection of small, shallow earthquakes while having an adequate array aperture and azimuthal distribution of stations to constrain the earthquake depths and potentially infer focal mechanisms. The sites using 12-volt batteries will need to be serviced periodically to swap in freshly charged batteries. Data will be downloaded at each visit to p ermit assessment of station functionality and allow for on-going data analysis. Several basic sets of seismic analyses will be carried out on the collected data. The seismic waveforms will be integrated into a database allowing for preliminary automatic arrival time estimation and provisional earthquake location. An initial seismic velocity model will be developed for locating events using available geophysical and geological information. Borehole checkshot data would be particularly valuable, for example. The primary focus will be on microearthquakes from the immediate vicinity of the site (i.e., within the array aperture), but we will also work with regional earthquakes, and possibly ambient noise, to provide additional information on velocity structure. This preliminary processing will be followed by waveform cross-correlation analysis and double-difference location to determine high-precision earthquake locations. If the dataset permits we will also apply double -difference tomography to create 3D models of the local seismic velocity structure. Earthquake focal mechanisms will be determined for events with sufficient observations in order to constrain the stress field and identify potential fracture planes. Because the Alaska Earthquake Information Center cannot detect earthquakes smaller than M2.5 in this area, we have no information on rates of small background earthquakes and no existing means to monitor earthquakes induced through stimulation of potential geothermal resources. The analyses proposed herein can provide detailed information on the seismic response to stimulation, local fault geometries, the local velocity structure, and state of stress surrounding the site. In the best case scenario, MEQs triggered by fluid injection during the stim ulation and mini-frac experiments might be used to track paths of fluid propagation through the shallow crust. The UW/USGS seismology team will be led by renowned seismologists Dr. Cliff ord Thurber (UW) and Dr. Stephanie Prejean (USGS). Both are involved in seismic monitoring around active volcanoes along the Alaskan volcanic arc. Another eminent USGS scientist will be part of the Naknek EGS team: Dr. Steve Hickman, who will provide expertise in stress modeling. Dr. Hickman will conduct and evaluate th e mini- frac (which enables the determination of the minimum horizontal stress) and will work with GMI to integrate the analyses of well logs and develop the stress model of the field. Dr. Hickman has conducted mini-fracs in about 100 wells, including more than 10 geothermal wells to date (at Desert Peak, NV; Blue Mountain, NV; Coso, CA; Dixie Valley, NV). In addition, he has contributed significantly to the science of EGS by presenting papers and workshops on the importance of understanding the stress env ironment and working with the natural fracture population to develop underground heat exchangers. University of Utah - Energy and Geoscience Institute Dr. Peter Rose, a chemical engineer who has pioneered the development of tracers suitable for the geothermal environment and has developed analytical techniques for tracer test data, will also participate in the project. Dr. Rose’s role will be to supply thermally reactive tracers, manage the implementation of tracer tests, and analyze tracer test data. Ne wly developed thermally reactive tracers will be injected into the Naknek EGS wells, in the context of both single-well tests and a long-term circulation test, to enable determinations of fracture surface area and swept reservoir volume. Dr. Rose has used similar techniques in several EGS projects, including those at Coso (California), Desert Peak (Nevada), Soultz- sous-Forêts (France) and Cooper Basin (Australia). Dr. Rose will identify the most effective agents to be used in chemical stimulation, by undertaking mineral dissolution studies in EGI’s high-temperature reactor and evaluating those results in the context of the specific mineral assemblages and vein fillings in the Naknek EGS reservoir. This work will enable the selection of individual agents a nd combinations of agents aimed at permeability enhancement via chemical reactions in the near -wellbore environment, providing a complimentary method to hydraulic stimulation. Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 17 of 33 10/7/2009 3.5 Project Communications Discuss how you plan to monitor the project and keep the Authority informed of the status. Drilling operations are monitored by the project director Donna Vukich, NEA company man, Nick Scales, AES project manager Gary Friedmann, and tool pushers. Current site and drilling operations status are communicated daily at team meetings. Technical consultants and contract service representatives teleconference these meetings when not on-site and are expected to resolve issues promptly. Drill rig operators keep detailed safety and maintenance logs so issues can be communicated and addressed properly. Progress reports (based on project data) team meetings , go/no-go decision points, and reporting tasks are built into the project management plan as presented above in 3.2 Project Schedule and will serve to discuss, review, and evaluate resolution measures to any issues that may put the project at risk. Stage-Gate Reports will be submitted at each of these points to enable the project to move forward with full understanding of the basis for that decision. In addition, there are intermediate decision points (referred to herein as “Progress Reports”) that precede the decisions to: 1) implement the seismic monitoring network; 2) proceed with the stimulation of well G-2; and 3) proceed with the circulation testing. In addition to the reports generated in connection with these decision points, quarterly agency reporting will be undertaken throughout the project to keep everyone informed. Well data and logging information will be kept on electronic medium and maint ained by management for the life of the project. 3.6 Project Risk Discuss potential problems and how you would address them. Reservoir Characteristics Geothermal energy development through the resource confirmation phase is high risk. Based on resource characteristics generation design can mitigate some of the risks associated with less than optimal resource temperatures, chemical composition, permeability and flow rates, but not all. The development of new technology is in high gear to utilize the natural heat of the earth in efficient and cost effective ways. Enhanced geothermal system technology development is one example. The only way to know the characteristics of the reservoir is to confirm and qualify the resource with a deep drill program that applies appropriate engineering and technology for cost effective development. This proposal seeks investment, consultant and cooperative agreements between local, state, federal and private industry to determine appropriate design and technology application through all phases of development maximizing project success. Adequacy and Extent of Characterization, Planning and Permitting at Proposed Site In the absence of deep drilling data, the site characterization has involved regional and local geol ogic interpretation, geochemical analyses of shallow wells, an MT resistivity survey, and a seismic survey. These are all discussed and presented in the Project / Site Characterization document. The best characterization data will be obtained during the drilling, logging and testing of well G-1, which will be the first deep well in the region; the program presented herein focuses closely on this goal. A significant effort has gone into planning the drilling program in the face of the logistical challenge s that come with operating in remote regions of Alaska. EGS Risks and Environmental Liabilities To date, the environmental risks of the project have revolved around sit e construction and drilling activities, for which The Castle Mountain Group is eminently qualified owing to its familiarity with construction projects and oil and gas drilling operations throughout the state of Alaska. For the EGS project, there will be an important additional environmental issue to manage: induced seismicity. Together with e4sciences a plan is being developed to evaluate risks and inform the public. Although the depth of stimulation (below 10,000 feet), the compliance of the overburden and the remoteness of the site will serve as mitigating factors, the seismic monitoring program includes the deployment of accelerometers in each of the 3 local communities, and NEA is planning its public outreach and information program to develop a viable protocol for dealing with induced seismicity. The technical risks Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 18 of 33 10/7/2009 of the projects have been addressed by using experienced and reputable contractors that can deliver what they promise. Further, the technical program includes no exotic or new technology but relies on existing methods to achieve the ground-breaking objectives that drive this project. Likelihood of Achieving Project Objective The program includes a series of reasonable milestones for rational decision -making by NEA and funding agencies throughout the project. The schedule is aggressive but achievable, and is driven by the desire to advance the EGS project as quickly as possible, thus mitigating the deleterious effects of high energy costs on the local communities and setting the stage for more geothermal development in the region. A logical series of tasks have been pro posed that permit characterization, development and testing of the EGS reservoir. These will be conducted by qualified contractors who are committed to the project. Adequacy, Appropriateness and Reasonableness of Budget The budgeting process has been approached very carefully, consistent with NEA’s objective of getting the most information possible from the drilling, characterization and testing activities that are included. For all major activities, multiple bids have been sought to ensure fair pricing and encourage competition. However, the lowest bid has not always been accepted; in some cases, the experience of a contractor was deemed to be worth a higher cost. Other than for minor activities, all costs presented herein are based on firm quotes from the contractors who will do the work. Appropriateness of Go / No-Go Decision Points Agency input to the decision making process are anticipated before all major expenditures. Go/No -Go points are reached: 1) at the end of Phase I to permit the project t o move into the stimulation phase; 2) after the stimulation of well G-1 to enable a decision about moving forward with the drilling of a second well; and 3) at the end of Phase II when a determination can be made about proceeding into the phase of long term testing, power plant construction, and system operation / power generation. Stage -Gate Reports will be submitted at each of these points to enable the project to move forward with full understanding of the basis for that decision. In addition, there ar e intermediate decision points (referred to herein as “Progress Reports”) that precede the decisions to: 1) implement the seismic monitoring network; 2) proceed with the stimulation of well G-2; and 3) proceed with the circulation testing. In addition to the reports generated in connection with these decision points, quarterly agency reporting will be undertaken throughout the project to keep everyone informed. Funding Support Nationally, the negative spin on “Pork Barrel” funding may cripple successful investment in many projects that are in the public’s best interest. Congressionally Directed Projects are sighted by those against earmarking as a fraudulent use of federal funds. The Southwest Alaska Regional Geothermal Energy Project is a Congressionally Directed Project and has received $5.3M specifically for drilling a deep confirmation well. Those earmarked dollars are a substantial portion of the match in this proposal. Funding for the project may be at risk because of the popular attitude toward “pork”. The upside, renewable energy projects have considerable public support and the mandates for deep drilling technology research and development are clearly evident in DOE funding. Estimated Cost Overrun Cost overruns are pandemic in grant funded projects. Project management experience and commitment to cost control are evident in NEA’s ability to provide quality electric service at the lowest price consistent with sound management. NEA’s financial management is note worthy in its commitment to r educe spending and aggressively seek additional load which recently minimized the effects of a fisheries related economic downturn in the region. NEA management has decades of experience with RUS borrower requirements and government standard accounting, and reporting practices and consistently receives unqualified opinions from auditors. The use of standard accounting procedures and record keeping and reporting, diligent project monitoring and informed decision making will help prevent unnecessary cost overruns. Cost estimates are guidelines for planning and in this project all estimated costs include adjustments for location and transportation discrepancies. Although the remoteness of the site increases both logistical complexity and costs, the team has developed and will implement a comprehensive EGS program that includes all elements necessary to characterize the reservoir and plan and conduct hydraulic and/or chemical stimulation. Sometimes this has required redundancies in equipment that are not common in the Lower 48; for example, the logging unit will include back -ups of all required logging tools and spare parts to ensure that the needed data are collected without undue delays to the project. Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 19 of 33 10/7/2009 Permitting and Regulatory Oversight NEA has preliminary site control through ownership of the project site and approved access easements. A drilling permit has been issued through the Department of Natural Resources Oil and Gas Division. Regulatory compliance costs are anticipated, and compliance with AOGCC permitting stipulations have been very high. As a greenfield exploration without precedence in the state regulators have been challenged to initiate a process that ensures human safety and formation integrity without increasing project costs that slow development. Management recognizes the importance of permitting and regulatory compliance in keeping the project moving forward and mitigating any circumstances that could result in costly delays. Development of a road map and schedule for site development, well and generation facility construction, interconnection network, environmental and ROW permitting, and all other regulatory compliance requirements will be contractual and overseen by project management, corporate counsel and consultants. Capital Equipment, Drilling Management and Material Acquisition Drilling equipment availability, leasing and drilling project management contracting could pose significant risks due to increased demand on capital equipment and manpower by new oil, gas and geotherm al exploration projects. Cooperative agreements between the state and the oil and gas industry could significantly decrease the risk. Project Delays in Material and Capital Equipment Deliver Individuals and organization doing business in remote Alask a anticipate delays due to weather and transportation. Project management has experience and established working relationships with utility industry vendors, barge service operators and local transportation companies, and after successful negotiations for cost reductions from transportation vendors NEA management will continue pursuing cost saving freight, handling and ground transportation rates for equipment and materials. Interconnection ROW Permitting and Construction Unanticipated delays in project completion caused by permitting and access could postpone the delivery of affordable energy and magnify the problem in the region. Focusing on the distribution network, NEA project management has begun a dialogue with land owners. Cooperation and open communication between local, state, federal, private and native land owners, permitting agencies is being fostered. SECTION 4 – PROJECT DESCRIPTION AND TASKS  Tell us what the project is and how you will meet the requirements outlined in Section 2 of the RFA.  The level of information will vary according to phase(s) of the project you propose to undertake with grant funds.  If you are applying for grant funding for more than one phase of a project provide a plan and grant budget form for completion of each phase.  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 satisfied and funding for an advanced phase is warranted. 4.1 Proposed Energy Resource Describe the potential extent/amount of the energy resource that is available. Discuss 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. Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 20 of 33 10/7/2009 Project Description Phase I and II Program Tasks Phase I Program – Description and Tasks 0 Drill well Naknek-G #1. This well is scheduled to spud on 8 August 2009, and will take approximately 4 months to drill and test. A detailed series of EGS procedures during and after drilling are planned, as described below. 1 Passive seismic array. A temporary surface-based seismic array will be deployed to collect baseline seismic data, calibrate the seismic velocity model, and prepare for later stimulatio n. Waveforms will be integrated into a database allowing for preliminary automatic arrival time estimation and provisional earthquake location. An initial seismic velocity model will be developed for locating events using available geophysical and geolog ical information. The primary focus will be on MEQs from the immediate vicinity of the site, but regional earthquakes and possibly ambient noise will also be evaluated to provide additional information on velocity structure. This preliminary processing will be followed by waveform cross-correlation analysis and double- difference location to determine high-precision earthquake locations. If the dataset permits, double-difference tomography will also be employed to create 3D models of the local seismic velocity structure. Earthquake focal mechanisms will be determined for events with sufficient observations in order to constrain the stress field and identify potential fracture planes. These analyses can provide detailed information on the seismic response to stimulation, local fault geometries, the local velocity structure, and state of stress surrounding the site. 2 Mobilization of geophysical logging equipment. Downhole geophysical logging equipment will be mobilized to the Naknek G-1 well site to enable logging of all critical intervals. 3 Logging from 3,000 - 8,000 feet. Drilling will reach a depth of 8,000 feet. Before setting and cementing casing, run sonic velocity and density logs (with gamma for log correlation in the interval from 3,000 -8,000 feet. Sonic logs will permit development of velocity model for later use in relocating micro -earthquakes (MEQs) and the estimation of rock strength; density logs will be integrated to determine the magnitude of the vertical stress (SV). 4 Mobilization of Pressure-Temperature-Spinner (PTS) logging equipment. PTS and pressure monitoring logging equipment will be mobilized to the site in advance of reaching the next casing point at 10,000 feet, where an extended leak-off test or “mini-frac” will be performed (downhole pressure and temperature monitoring to be conducted during mini-frac). The equipment will stay on-site for the wellbore heat up period and for the later monitoring of pressure and PTS profiling during and after stimulation. 5 Logging from 8,000 - 10,000 feet. Drilling will reach a depth of 10,000 feet. Before setting and cementing casing, run sonic velocity and density logs (with gamma for log correlation) in the interval from 8,000 -10,000 feet, for same reasons as stated in Task 3 above. 6 Core collection and mini-frac at 10,000 feet. After setting and cementing casing, collect a 30-foot core below casing shoe. Cores will be analyzed in two ways: 1) for mechanical properties; in combination with sonic log data and mini-frac data, rock strength can be extrapolated throughout the open interval using the results of this core testing; and 2) for macroscopic inspection of fractures to estimate fracture density, identify vein-filling minerals and compare with wellbore image logs (see Task 7). Also, undertake an extended leak -off test (“mini-frac”) in cored interval to estimate the magnitude of the minimum horizontal stress (SHmin). This value is a fundamental element of the stress model; together with the estimate of the magnitude of S V, the mode of faulting (normal, strike-slip or transitional between the two) can be determined. 7 Logging from 10,000 – 14,000 feet. Well G-1 will reach a depth of up to 14,000 feet (TD). In the open-hole section below 10,000 feet, run the same suite of logs as for the previous two intervals, but run the sonic tool in more comprehensive modes to enable additional interpretation of formation properties: 1) Stoneley wave mode (to estimate shear modulus, identify permeable fractures and their properties, and to identify variations in matrix permeability); and 2) Cross-Dipole mode (to determine shear-wave velocity anisotropy perpendicular to the wellbore and identify and orient important fractures in the near -wellbore environment). In addition, run wellbore image log to image borehole breakouts and drilling-induced tensile cracks (thus determining the orientation of the stress field) and to characterize the orientations and dips of natural fractures (to estimate the relative numbers of fractures that are oriented close to the direction of the maximum horizontal stress (SHmax) and will therefore shear most readily upon increasing pore pressure during hydraulic stimulation). 8 Core collection at TD. Collect core collection at TD (estimated to be 14,000 feet) for the same purposes as described in Task 6. 9 Baseline injection testing. After completing the well, undertake a baseline step-rate injection test using the rig pumps and/or cementing pumps. Downhole pressure will be monitored during the test. PTS loggin g will be conducted at slow (~25 feet per minute) and normal (~100 feet per minute) speeds during each rate step. Thermally reactive tracer will be injected and later recovered either by air -lift or flow-back at the end of the test to get initial estimate of fracture surface area. This is the last step of the program to be performed with the rig on the hole - - the next 7 tasks are aimed at analyzing the data collected during and immediately after drilling. Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 21 of 33 10/7/2009 10 Heat-up temperature surveys. PTS logs will be run periodically (3 logs are planned over an 8-week period) as the well heats up. This will provide stable formation temperature and pressure (water rest level) data for both stimulation planning, power plant design and pump calculations and specificat ion (we envisage that the production well will be pumped). 11 Petrologic / mineralogic analyses. Cores and cuttings from 10,000-14,000 feet (open-hole interval) will be the subject of petrologic/mineralogic analyses undertaken by a reputable commercial l aboratory (TerraTek or similar). This task will enable the lithologies within the target interval to be identified, and the primary and secondary mineralization to be determined. At specified intervals, thin sections will be prepared and analyzed and whole rock XRD analyses will be undertaken to determine chemical composition and clay content. This permits characterizing the rock units in the target interval in terms of composition and texture, and initiates the process of determining which chemical stimulation agents may be used and/or if adjustment of the stimulation fluid composition will help retain the mechanical stability of the targeted formations. 12 Determination of mechanical properties from cores. The cores to be collected from 10,000 and 14,000 feet will be tested by a reputable commercial or university laboratory to determine their mechanical characteristics, including compressive strength, elastic moduli, and thermal expansion coefficient. Other than those to determine thermal expansion, all tests will be conducted at room temperature and over a range of confining and pore pressures that bracket in-situ conditions. Sonic log data will be used to extrapolate these properties through the target stimulation interval. 13 High-temperature reactor experiments. This task is directed at planning for chemical stimulation to improve near-wellbore permeability and access to the reservoir at large. High-temperature reactor experiments on cuttings from the open-hole interval will be undertaken to identify which agent or combination of agents will work best to dissolve fracture and vein fillings, thus facilitating hydraulic stimulation and/or wellbore inflow performance. 14 Stress modeling. The logs collected in well G-1 (PTS, sonic, density, and wellbore image logs) will be analyzed jointly with certain critical drilling parameters (mud weights, etc), the estimate of S Hmin from the mini- frac and the core testing results to develop the stress / geomechanical model of the Naknek system. This task will be undertaken by a leading contractor with significant expertise in both oil & gas and geothermal projects, with support and input from outside stress experts. 15 Design seismic monitoring system. Guided by the passive seismic monitoring, stress model, sonic log data and the VSP results, the seismic monitoring system will be designed. The preliminary design shallow downhole deployment in 6 shallow holes (~150m deep) and 4 surface mounted stations covering a radius of approximately 4 km around the well. This task will include initiating and following up on all necessary permitting activities that will enable the deployment of seismometers around the well site. In addition, the induced seismicity protocol will be developed. 16 Conceptual resource modeling. A full team meeting will be convened to critically evaluate all data collected from well G-1. This will include conceptual modeling of resource (based on data from geophysics, mineralogy and rock geochemistry, stratigraphy, structure, fluid chemistry, permeability, fractures, geomechanics, in situ stress, etc.) and assignment of tasks for preparing a Progress Report to Funding Agency 17 Progress Report. This report will present data related to the overall favorability of well G-1 for EGS stimulation, providing a rational basis on which to proceed with the implementation of the seismic monitoring network that was designed in Task 15. Agency Feedback 18 Seismic monitoring system set-up. Although the final design will be determined in Task 15, we currently envisage that this task will include the drilling of 6 shallow boreholes for downhole deployment. As part of this task, the equipment will be obtained, shipped to the site, installed, calibrated and tested. In addition, 3 radio - linked accelerometers (one each in the communities of Naknek, South Naknek and King Salmon) will be to monitor ground movements as part of the induced seismicity protocol. 19 “Pre-stimulation” of well G-1. This will be a short injection undertaken at pressures that will induce some shearing, to confirm the primary direction of reservoir growth and calibrate the seismic network. As during the baseline injection test, thermally reactive tracer will be injected and sampled during the post -injection flow- back, providing a second estimate of fracture surface area. 20 Data integration and stimulation planning. A full team meeting will be convened to review the results of the pre-stimulation and seismic monitoring and assign tasks for preparation of the Stage -Gate report that Funding agencies will require to enable the project to move into Phase II. 21 Phase I Reporting. Reports and other deliverables will be provided in accordance with the Federal Assistance Reporting Checklist, following the instructions included therein. In addition, papers will be prepared for presentation and publication at various meetings and symposia, as appropriate. 22 Go / No-Go Decision Point. The decision about whether or not to proceed to Phase to will depend primarily upon: 1) the favorability of well G-1 for stimulation; 2) the stimulation plan that is submitted; and 3) the selection of the target for second well in the EGS doublet, based on stress orientation and pre -stimulation results. A Stage-Gate Report will be prepared and submitted to funding agencies for review. Agency Decision Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 22 of 33 10/7/2009 Phase II Program – Description and Tasks 1 Permitting and procurement for full stimulation. Vendors will be solicited for quotations, logistical and transportation elements will be resolved, and all necessary permits will be obtained to implement the full stimulation. An adequate water supply for the stimulation (which will require several million gallons) will be developed. 2 Chemical and/or hydraulic stimulation of well G-1. Although the stimulation design will be finalized in Phase I Task 20, at present we are considering that both chemical and hydraulic methods will be applied. It is likely that chemical stimulation will precede hydraulic stimulation, thus increasing near-wellbore permeability and improving the ability to access and increase pore pressure in the reservoir at large. The stimulation will be conducted with seismic monitoring and installation and monitoring of accelerometers in the nearby communities before, during and after the treatment. A post-stimulation step-rate injection test with detailed TPS logging will be conducted, similar to that in the baseline injection test (Phase I, Task 9), including reactive tracer injection and flow-back for re-estimation of fracture surface area. Using data from this test, a well-test analysis method developed in another DOE-funded EGS project will be applied to estimate the hydraulic properties of the stimulated volume and the un-stimulated region beyond, and to estimate the radius of the stimulated zone. 3 Evaluation of stimulation results and identification of drilling target for well G-2. Although seismic data will be collected and evaluated in near-real-time during the stimulation, there will a period of post-stimulation seismic data processing that will result in more accurate MEQ locations and elucidation of geologic structures in the subsurface that will influence the selection of the target for the second well. Injection and tracer testing results will also be integrated into the well targeting process. 4 Go / No-Go Decision Point. This decision will be made to determine the suitability of the stimulated reservoir to support the drilling of second well, and will permit the project to move ahead. A Stage-Gate Report will be prepared and submitted to funding agencies. Agency Decision 5 Design of well G-2. In accordance with the target selection and analyses of previous results, a well design will be prepared. It is possible that well G-2 may be drilled from the same surface location as well G-1; in this case, well G-2 will be drilled directionally into the stimulated zone. An alternative surface location will be identified and chose if this approach is not viable. The drilling program will be prepared for submission to the appropriate regulatory agencies. 6 Permitting and procurement for well G-2. The drilling program and associated documents will be submitted for permitting by ADNR. The required services will be contracted, and all needed equipment will be mobilized to the site. 7 Road construction and water supply. If necessary, a new access road will be constructed to reach the drilling site (this will not be needed if the well can be located adjacent to well G-1). A water supply for drilling and testing operations will be developed as needed. 8 Drilling of well G-2. The drilling will include many of the same EGS data collection activities as conducted in well G-1; the specific EGS-related activities to be undertaken while drilling well G-2 will be specified in the Stage-Gate Report described in Task 4 above. Post-completion injection testing will be conducted, similar to that described in Phase I Task 9 (step-rate injection test with PTS logging and pressure monitoring, and reactive tracer injection and flow-back). In addition, we will monitor pressures in well G-1 during the drilling of G-2 to detect any pressure pulses transmitted through the enhanced fracture system. 9 Heat-up temperature surveys. PTS logs will be run periodically (3 logs are planned over an 8 -week period) as the well heats up, as described in Phase I Task 10. 10 EGS analyses of well G-2. As for well G-1, this will include petrologic/mineraolgic analyses of cuttings and core samples, mechanical testing of cores; and analysis of well logs to flesh out the stress model and prepare for stimulation, if needed. 11 Data integration and stimulation planning. A full team meeting will be convened to review the results of the drilling and follow-on analyses and preparation of a Progress Report to funding agencies prior to stimulating the well, if needed. 12 Progress Report. This report will discuss the data analyses that indicate whether or not the second well requires stimulation (for planning and budgeting purposes, we are assuming that stimulation wil l be needed). Agency Decision 13 Chemical and/or hydraulic stimulation of well G-2. As for well G-1, at present we are considering that both chemical and hydraulic methods will be applied, following the same plan described in Phase II Task 2 (i.e., with seismic monitoring, post-stimulation step-rate injection test with detailed TPS logging and reactive tracer injection, etc. In addition, we will continue to monitor pressures in well G-1 during stimulation of G-2. 14 Integrated evaluation of results and design of circulation test program. A full team meeting will be convened to review the results of drilling, testing, and stimulation of well G-2, and the observed pressure responses in well G-1. From this evaluation, a circulation test plan will be developed for a 3-month circulation test that will include tracer testing, PTS logging and pressure monitoring in the injection well (we assume that Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 23 of 33 10/7/2009 the production well will be pumped, which will preclude downhole pressure monitoring), and the application of variable flow and injection rate steps, and various pressure transient testing methods to help understand the long-term operation of the system. 15 Progress Report. This report will present the circulation test plan in detail, providing a rational basis on which to proceed with the circulation testing. Agency Decision 16 Permitting and procurement for circulation testing. Any additional permits needed will be obtained, and all needed testing equipment will be sourced and mobilized to the site. 17 Circulation testing. A three-month circulation test will be conducted, including tracer testing and fluid sampling at the production well (for both tracer analysis and evaluation of reservoir fluid chemistry). 18 Analysis of circulation testing results. The team will evaluate the results of the testing and the implications for both long-term operation of the system. Numerical modeling will be undertaken to evaluate future performance and consider the possibility of scale-up to a project size that would support power generation for communities in southwestern Alaska beyond the Naknek area. 19 Phase II Reporting. Reports and other deliverables will be provided in accordance with the Federal Assistance Reporting Checklist, following the instructions included therein. In addition, papers will be prepared for presentation and publication at various meetings and symposia, as appropriate. 20 Go / No-Go Decision Point. Suitability of enhanced reservoir for geothermal power production Agency Decision 4.2 Existing Energy System 4.2.1 Basic configuration of Existing Energy System Briefly discuss the basic configuration of the existing energy system. Include information about the number, size, age, efficiency, and type of generation. The information presented below is a snapshot of the NEA facility and operations. Nushagak Cooperative, Inc. has a similar profile. Other regional stand-alone diesel generation and distribution facilities have poor economies of scale, and less efficient and hig her cost profiles. NEA’s generation plant was first energized in November 1960. The utility is primarily engaged in generation and distribution of electricity to the target communities, Naknek, South Naknek, and King Salmon. The utility currently maintains the following operations:  10.3 MW diesel generation plant  10 generation sets  7.2 KV and 14.4 KV distribution lines  90 miles of distribution  Service to three communities  District heating to school, clinic, ambulance garage, pool, residences and NE A facility  1,049 meters  Service agreement with two neighboring utilities  Service to large power seafood processors  Service to government consumers, United States Air Force, Federal Aviation Administration, United States Fish & Wildlife Service, Alaska Department of Fish & Game, United States Weather Service, National Park Service  Service to Bristol Bay commercial fishing, sport fishing and tourist industry  Just under 20,000,000 kWh were sold in 2007  Newest engine was installed in 2005 and the oldest, a White Superior, was installed in 1974  Efficiency 15.1 kWh / gallon  24-hour plant The generation facility consists of a steel building containing ten diesel generator sets, control panels and feeder switchgear, situated on 3.66 acres owned by the cooperative. Fuel, battery, cooling, ventilation, and recaptured heat systems are housed in the generation building. A separate building houses distribution inventory and equipment. Construction costs of a new vehicle maintenance facility are included in NEA’s 2009 capital budget. The generators are fueled from a 2.1 million gallon capacity DEC compliant Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 24 of 33 10/7/2009 tank farm s located directly behind the generation plant, inside the fence on NEA property. 4.2.2 Existing Energy Resources Used Briefly discuss your understanding of the existing energy resources. Include a brief discussion of any impact the project may have on existing energy infrastructure and resources. Regional baseload electric generation, heating and transportation energy requirements are fueled with diesel and gasoline. Grant assisted new energy infrastructure development will make the near-term transition to an energy independent future possible. Yes, the region is highly invested in diesel generation and petroleum fueled transportation systems, but many small stand-alone diesel generation facilities are unable to bear the costs of fuel and are becoming a liability to the state. The electric generation industry as a whole is approaching the point in the cost-benefit analysis where renewable energy system development, even with initial capital intense investments, is feasible. Concerns in the region about energy costs, the environment and the political attitude toward climate change are making geothermal energy development not only necessary but desirable. Renewable energy alternatives should be developed for Alaskans, used and managed locally with state supported one-time capital investment for generation and interconnection infrastructure. HB 152 Alternative Energy Grant Fund is a giant step in the right direction and must be followed by sustained commitment to the prospect of renewable energy for Alaska. Renewable alternative energy policy makers should look 50 years into the future and understand that these kinds of projects are pathways to unlocking hydrogen’s potential and a renewable energy future. 4.2.3 Existing Energy Market Discuss existing energy use and its market. Discuss impacts your project may have on energy customers. The cost of electricity in Southwest Alaska is high by a ny standard. Nearly all electrical power is provided by stand-alone diesel generation systems. That same fuel provides most space and water heating requirements. Southwest Alaska communities are in trouble. High energy costs are destabilizing rural population and as a result, village life and culture are in decline. Schools are closing, businesses are failing and residents are moving to larger hubs and cities increasing demand on resources already struggling to keep up with population increases. Lowering and stabilizing the cost of energy will radically improve local economies, enhance resource development, expand employment opportunities and stem outmigration. Significant returns are anticipated from quality enhancement and local value -added manufacturing in the seafood industry. Project management knows the value of the fishery in Bristol Bay. With cost -effective energy on-shore processors have indicated that local secondary manufacturing processes are feasible. Low cost energy would allow affordable icing infrastructure and cold storage options for large and small seafood processors for improved quality and price. There will be many economic development opportunities, both direct and indirect, with affordably energy that will help return the regio n to its once independent and self-sufficient status. Southwest Alaska is poised both geographically and geologically for major economic productivity. Potential oil and gas lease sales in Bristol Bay, strategic mining development in the Lake Iliamna regi on, value- added manufacturing opportunities in a sustainable commercial wild salmon industry, world class trophy hunting, sport fishing and tourism should be powered by locally produced renewable energy. How we develop energy capacity and for who renewabl e resources are exploited are questions that must be addressed by all stakeholders. Transforming strategic natural resources like seafood, oil, gas and minerals, into globally viable market commodities locally using geothermal energy will provide economic benefit to the region, state and the nation Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 25 of 33 10/7/2009 4.3 Proposed System Include information necessary to describe the system you are intending to develop and address potential system design, land ownership, permits, and environmental issues. 4.3.1 System Design Provide the following information for the proposed renewable energy system:  A description of renewable energy technology specific to project location  Optimum installed capacity  Anticipated capacity factor  Anticipated annual generation  Anticipated barriers  Basic integration concept  Delivery methods The Southwest Alaska Regional Geothermal Energy Project has 6 major phases of development. Phase I Interconnect from King Salmon to Dillingham and 5 communities is 157 miles long with 6 substations. Phase I Interconnection Infrastructure is designed but engineering and ROW permitting is incomplete. Survey and design of Phase II Interconnect from King Salmon to Egegik is 50%. Project management is submitting information on Phases I-VI including project timeline, tasks, milestones and cost estimates in this proposal. NEA project management is in communication with BLM and DNR regarding access to the proposed interconnection network. Other renewable energy resources viable in the region are not firm / baseload and require 100% firm power back-up or are not considered reliable. Southwest Alaska Regional Geothermal Energy Project - Naknek Estimated Resource Potential  Temperature of Shallow Resource (Mt Martin shallow temperature used): 94°C  Depth of Shallow Resource: Unknown  Temperature of Deep Resource: 200°C  Depth of Resource: 10,000 ft  Capacity of Resource or Flow: Unknown  Distance From Load or Intertie: 2 Miles  Size of Project: 25 MW  Road Miles Needed: 2 Miles  Transmission Line: Phase I King Salmon to Dillingham and 5 Communities 157 Miles  Deep Resource Assumed Temperature: 392°F  Estimated Potential MW/Well: 4.34 MW  Number of Production Wells Needed: 6  40% Success Rate: 8 Geothermal Energy Project Components  25 MW geothermal generation facility + 12.5 MW capacity additions with demand/growth  Gathering field  Binary system  District heating system for domestic hot water and home heating application  Project integration utilizing existing distribution systems in the region  Phased construction of 34.5 KV interconnection infrastructure delivering wholesale power  450 miles of phased construction of interconnecting infrastructure linking 25+ communities  157 mile Phase I Interconnection links King Salmon to Dillingham and 5 other communities  Initial Load: 18 MW with full potential to use 25 MW within two years and 50 MW with growth  4 miles of distribution line upgrade from single phase to three phase  50% capacity factor with geothermal generation  100% capacity factor with hydrogen production  Hydrogen storage facility Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 26 of 33 10/7/2009 District Heat System Components  Production of geothermal fluids from production wells and gathering field  Holding tanks  Production pumps  Valves  Heat exchangers  Closed district heat loop  Above ground pre-insulated pipes with leak detection  Metering and billing system integration with current operations  Reinjection pump  Renewable energy system integration for reliability and efiiciency 4.3.2 Land Ownership 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. NEA owns the 120 acre parcel and has full site control through permit acquisition. A copy of the deed is included as an attachment to this proposal. 4.3.3 Permits Provide the following information as it may relate to permitting and how you intend to address outstanding permit issues.  List of applicable permits  Anticipated permitting timeline  Identify and discussion of potential barriers Naknek-G #1 is currently being drilled as the project moves forward. The project site is situated on a 1 20- acre parcel owned by NEA. Agreements were reached earlier with the owner of the surrounding land for ROW access to build a 1.8 mile road to the site. These agreements will also enable seismic monitoring and other surface-based operations in surrounding areas during the implementation of EGS project, and for drilling additional wells. Required permits for drilling and testing activities are in place, and the need for any additional permits for stimulation activities is being investigated by The Castle Mountain Group. NEA has a strong commitment to preserving environmental quality in this project. The project requires review and/or permitting by various government, regulatory and environmental agencies. In accordance with the NEPA process and guidelines for federally funded construction projects, documents have been filed on EERE’s Project Management Center and an Environmental Assessment document is being compiled , with most of the work complete. Project Coastal Consistency Determination documentation was submitted to DCOM on May 22, 2009. Application for a Permit to Drill a Geothermal E xploration Well was submitted to ADNR on June 1, 2009 and permit # 2215 was issued on July 30, 2009 to drill the first geothermal well in the state. Required Permits  Project Coastal Consistency Determination, Alaska Department of Natural Resources Division of Coastal and Ocean Management Submitted May 22, 2009  Permit to Drill a Geothermal Exploration Well Alaska Department of Natural Resources Submitted June 1, 2009 Permitted July 30, 2009  Inert Waste Monofill Permit Alaska Department of Environmental Conservation Submitted June 1, 2009  Temporary Water Use Permit Alaska Department of Natural Resources, Division of Water Resources Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 27 of 33 10/7/2009 Submitted May 9, 2009  Temporary Storage Plan Approval Alaska Department of Environmental Conservation Submitted July 1, 2009  EPA Class I Non-Hazardous Industrial Disposal Well UIC Permit EPA Region 10  Individual State Disposal Permit (concurrent with EPA Class I Permit) Alaska Department of Environmental Conservation  Notice of Intent to Operate under Construction General Permit 2008 EPA Region 10 4.3.4 Environmental Address whether the following environmental and land use issues apply, and if so how they will be addressed:  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 discuss other potential barriers NEA project management and consultants have completed many of the tasks requ ired for an Environmental Assessment and have been in communication with the appropriate agencies. According to the Alaska Department of Fish and Game and the Bristol Bay Borough Coastal Management Plan, the project area does not contain either significant or critical habitat areas, and does not support any threatened or endangered species. NEA commissioned HDR-Alaska to conduct a wetlands survey of the project’s road alignment and drill pad areas. According to the survey report compiled by Ann Claerbou t, an Environmental Scientist with HDR, it was determined that areas covered by the road alignment and drill pad do not contain wetlands. The location of the proposed geothermal exploration project is greater than 15 miles from the coastline and approximately 4 miles inland of the Naknek River on a flat to gently sloping upland moraine, at approximately 280 ft elevation. No 100-year flood plains reside in or near the project area. The nearest such floodplain resides along the Naknek River, roughly four miles from the project location. The project area resides within the Bristol Bay Borough Coastal District and is therefore, subject to a Project Consistency Determination under the Alaska Coastal Management Program and the Bristol Bay Borough’s Coastal Management Plan. Review of the Bristol Bay Borough Coastal Management Plan determined that the project will have no impact on coastal resources and is not subject to any of the District Enforceable Policies. Army Corp. of Engineers has been contacted regarding groundwater sources and no issues or constraints exist. Geothermal generated energy is a renewable resource, and project development will not result in the depletion of any non-renewable resources. The project will result in the injection and extrac tion of geothermal fluids associated with electrical power generation in a geothermal electrical power generation circuit. Fluid injection associated with this process will be done under the authority of a Class I Non-Hazardous Underground Injection Control Permit to be issued by EPA. A concurrent Individual State Permit will be issued by the Alaska Department of Environmental Conservation for the re-injection of geothermal fluids. The project is located approximately 5 miles from the nearest inhabited a rea. Drilling equipment is equipped with noise mufflers and natural barriers will be used to further muffle noise associated with Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 28 of 33 10/7/2009 project activities. NEA’s project does not reside within or near a Non-attainment area. The Project location is greater than 100 miles from the nearest Non-Attainment or Maintenance Area. Air emissions associated with the project will not exceed the NAAQS for the seven criteria pollutants. The only Class 1 airshed in Alaska is Denali National Park. The project is not locate d near, nor will it have any effect upon, any Class 1 airshed. The project resides more than 20,000 ft from nearest airport and will have no impact on navigable air space. No FAA Air Traffic Notification filing is required. The project does not reside in or near any Areas of Special Designation and it has been determined that there is no prime, unique, or important farmland within or in the vicinity of the project area. Communities in Rural Alaska, including the Village of Naknek, roughly 16 miles from the project location, are implementing voluntary pilot programs for the control of PM10 fugitive dust associated with vehicle traffic. Dust control measures, such as watering of the access road and drill pad, will be employed at the project location. In June, 1998 the Bureau of Land Management undertook a Section 106 Review of the project area as a part of preparations for a negotiated sale of the allotment on which the project is located. A determination of “No Historic Properties Affected” was made and concurred upon by the Alaska State Historic Preservation Office. The outreach plan for this project includes town hall events and meetings with local government officials to address public concerns and disseminate information about geothermal power generation All project work will be undertaken in a good and workmanlike manner, ensuring that the project area is maintained in a professional and organized fashion. Surface disturbance will be limited to the maximum amount practicable, thereby maintaining as much of the natural aesthetic as possible. 4.4 Proposed New System Costs and Projected Revenues (Total Estimated Costs and Projected Revenues) The level of cost information provided will vary according to the phase of funding requested and any previous work the applicant may have done on the project. Applicants must reference the source of their cost data. For example: Applicants Records or Analysis, Industry Standards, Consultant or Manufacturer’s estimates. 4.4.1 Project Development Cost Provide detailed project cost information based on your current knowledge and understanding of the project. Cost information should include the following:  Total anticipated project cost, and cost for this phase  Requested grant funding  Applicant matching funds – loans, capital contributions, in-kind  Identification of other funding sources  Projected capital cost of proposed renewable energy system  Projected development cost of proposed renewable energy system 4.4.2 Project Operating and Maintenance Costs Include anticipated O&M costs for new facilities constructed and how these would be funded by the applicant. (Note: Operational costs are not eligible for grant funds however grantees are required to meet ongoing reporting requirements for the purpose of reporting impacts of projects on the communities they serve.) 4.4.3 Power Purchase/Sale The power purchase/sale information should include the following:  Identification of potential power buyer(s)/customer(s) Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 29 of 33 10/7/2009  Potential power purchase/sales price - at a minimum indicate a price range  Proposed rate of return from grant-funded project Phase I Interconnection links King Salmon to Dillingham and 5 other communities. The project will supply wholesale electricity for distribution to Nushagak Electric Cooperative at the cost of power plus the cost of distribution. All wholesale power sales agreements will follow this model. The goal is to increase economy of scale with interconnection infrastructure linking stand-alone diesel generation and distribution systems for improved efficiency and cost reduction. See Preliminary Geothermal Impact Analysis – First Year Full Operation in 2.5 Project Benefit. 4.4.4 Project Cost Worksheet Complete the cost worksheet form which provides summary information that will be considered in evaluating the project. NEA is an efficiently run rural utility that is celebrating its 50 th year energized. The cooperative has been virtually self-sustaining in its delivery of cost-effective electricity. Costs presented in this proposal are based on decades of experience operating a small rural utility, cost of service studies by RUS and private consultants, and knowledge of the costs and restraints of doing business in off -the-grid communities that out of necessity rely on stand-alone generation and distribution systems. See Project Cost/Benefit Worksheet attached. SECTION 5– PROJECT BENEFIT Explain the economic and public benefits of your project. Include direct cost savings, and how the people of Alaska will benefit from the project. The benefits information should include the following:  Potential annual fuel displacement (gal and $) over the lifetime of the evaluated renewable energy project  Anticipated annual revenue (based on i.e. a Proposed Power Purchase Agreement price, RCA tariff, or cost based rate)  Potential additional annual incentives (i.e. tax credits)  Potential additional annual revenue streams (i.e. green tag sales or other renewable energy subsidies or programs that might be available)  Discuss the non-economic public benefits to Alaskans over the lifetime of the project Geothermal Energy Benefits  Stable, firm, renewable, secure and cost-effective co-generation of electric and district heat requirements  Lower cost electric and home heating energy to end-user  70% decrease and controlled cost of power compared to volatile fossil energy market  Annual avoided fuel costs $21,600,000 (5,400,000 gallons diesel at $4.00/gallon)  $648,000,000 over the life of the project  Long-term reliable (95%) baseload energy  Lower life cycle costs offsetting high upfront project costs  Increased employment with local production of renewable energy supporting healthy economic growth  Support for other direct-use activities  Higher capacity factor than other renewables  Increased generation capacity with decreased environmental liability and air-quality associated costs  Offsets environmental fossil fuel pollutants with little or no greenhouse gases  Demonstration and deployment of renewable energy for strategic natural resource development Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 30 of 33 10/7/2009  Promote value-added manufacturing in the fishing and resource extraction industries  Protect Bristol Bay fisheries resource by decreasing fossil fuel transportation on resource sensitive waterways  Deployment of absorption cooling “Fire-to Ice” technology for increased quality and value in the fisheries  Increased tax revenue from increased value of seafood  Increased property value and property tax revenue to local governments  Substantial decrease in Power Cost Equalization (PCE) payments to regional utilities  Increased security and decreased dependency on foreign supply energy  Reversal of negative perception that rural Alaska communities are non-sustainable and a liability to the state  Renewable energy produced hydrogen heralding in an era of new energy de velopment Regional Economic Benefits Fuel $ 8,000,000 Value Added Fishing Operations $50,000,000 Employment 200 Renewable Energy Jobs $10,000,000 Tourism $10,000,000 Reducing stress on urban areas that must accommodate refugees $250,000,000 TOTAL $328,000,000 SECTION 6– SUSTAINABILITY Discuss your plan for operating the completed project so that it will be sustainable. Include at a minimum:  Proposed business structure(s) and concepts that may be considered.  How you propose to finance the maintenance and operations for the life of the project  Identification of operational issues that could arise.  A description of operational costs including on-going support for any back-up or existing systems that may be require to continue operation  Commitment to reporting the savings and benefits The Southwest Alaska Regional Geothermal Project will be owned and operated by NEA. NEA is incorporated as a not-for-profit 501 (C) (12) cooperative and employs the cooperative model to provide its members with reliable electric energy at the lowest possible cost consistent with sound business pract ices. This model returns excess margins to its members on a patronage bases. Net margins above expenses belong to consumer members and may be allocated for distribution or retained as working capital to expand, improve or maintain operations. Short-term gains are not the focus in a cooperative business model but rather the creation of long-term value and sustainability for consumer members and in this case the region. NEA is an efficiently run electric utility and has a proven record with RUS. In over 48 years of operation debt service expenses have not posed difficulty. Since 1960 most capital improvements were financed with member money. NEA will apply the cooperative business model and all audit, regulatory and reporting for grants, financing and contractual agreements will be accomplished according to funding agency guidelines and NEA management standards. In the long-term, building locally produced renewable energy electric generation and distribution infrastructure will bring security and sustainability to the region. Southwest Alaska is poised both geographically and geologically for major economic productivity. Transforming strategic natural resources like seafood, oil, gas and minerals, into globally viable market commodities will provide economic benefit to the region, state and the nation. Government renewable energy systems investments supporting natural resource development is important for long -term rural sustainability and independence. By whom and for whom these resources are develo ped is a question that needs to be addressed by all participants. The development of low-cost renewable energy for seafood processing and cold storage will bring sustainable economic benefits to the region. As a result of resource Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 31 of 33 10/7/2009 availability, geography, potential strategic oil, gas and mineral value-added manufacturing such as refining, smelting, cold storage, and transportation and service sector growth local economies will stabilize and diversify. SECTION 7 – READINESS & COMPLIANCE WITH OTHER GRANTS Discuss what you have done to prepare for this award and how quickly you intend to proceed with work once your grant is approved. Tell us what you may have already accomplished on the project to date and identify other grants that may have been previously awarded for this project and the degree you have been able to meet the requirements of previous grants. To achieve energy independence, lower energy costs and reduce the environmental impacts of power production, NEA has taken the bold step of embracing geothermal development. The cooperative has funded $2M in scientific research over the last 8 years including r econnaissance, geological and geophysical surveys and analysis, most recently designing a drilling program and project management plan for Phase I and II. In a effort to control the costs of exploration and development the cooperative’s board and management made the decision to purchase Rig #7 based on the understanding that developing a gathering field and reinjection system would require multiple wells and that the cost of mobilization, standby, contingencies are extremely high. NEA project management has diligently pursued state and federal funding and has been rewarded with two consecutive years of Congressionally Directed Project earmarks appropriated in the 2009 and 2020 Water and Energy Bills, and a major EGS demonstration grant. The funding appropriations and demonstration grant are currently being negotiated with DOE. Addressing manpower requirements for geothermal energy exp loration, production and transmission NEA will interface with DOL DBP to create an apprenticeship program tailored to geothermal drill site operations and Rig #7. NEA’s geothermal drilling operation will serve as a remote training site for local hire roustabouts interested in career path opportunities and post-secondary education credits. SECTION 8– LOCAL SUPPORT Discuss what local support or possible opposition there may be regarding your project. Include letters of support from the community that would benefit from this project. The Southwest Alaska Regional Geothermal Energy Project will demonstrate cost-effective renewable energy development in the region. The project is supported by regional economic development organizations and native associations. There is virtually no opposition to geothermal development in the region, much to the contrary it is serving as a bellwether for renewable energy exploitation in a region poised for major economic growth. Resolutions and letters of support are included as attachments to this REFG proposal. SECTION 9 – GRANT BUDGET Tell us how much you want in grant funds Include any investments to date and funding sources, how much is being requested in grant funds, and additional investments you will make as an applicant. Include an estimate of budget costs by milestones using the form – GrantBudget3.doc Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 32 of 33 10/7/2009 See discussion in 2.6 Project Budget Overview and attached Grant Budget Form. Renewable Energy Fund Grant Application Round 3 AEA10-015 Grant Application Page 33 of 33 10/7/2009 SECTION 9 – ADDITIONAL DOCUMENTATION AND CERTIFICATION SUBMIT THE FOLLOWING DOCUMENTS WITH YOUR APPLICATION: Attachments: a. Resumes of Key Participants b. Cost Worksheet c. Grant Budget Form d. Regional Support Resolutions and Endorsements e. NEA Resolutions f. Electronic Version of Application g. Resolutions and Letters of Support h. Pike’s Ridge Property Deed - AA-7906, Parcel B i. Pike’s Ridge Access Easement Map j. 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. Print Name Donna Vukich Signature Title General Manager – Naknek Electric Association, Inc. Project Director – Southwest Alaska Regional Geothermal Energy Project Date November 8, 2009