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HomeMy WebLinkAboutDelta Wind Project App Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 1 of 17 9/2/2008 Application Forms and Instructions The following forms and instructions are provided for 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.html The following application forms are required to be submitted for a grant recommendation: Grant Application Form GrantApp.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 Costworksheet.doc Summary of Cost information that should be addressed by applicants in preparing their application. Grant Budget Form GrantBudget.xls A detailed grant budget that includes a breakdown of costs by task and a summary of funds available and requested to complete the work for which funds are being requested. Grant Budget Form Instructions GrantBudgetInstr.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 a plan 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. Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 2 of 17 9/3/2008 SECTION 1 – APPLICANT INFORMATION Name (Name of utility, IPP, or government entity submitting proposal) Alaska Wind Power LLC Type of Entity: Private Wind Energy Developer, eventually to be an Independent Power Producer Mailing Address 10600 Prospect Drive Anchorage, AK 99507-6494 Physical Address 10600 Prospect Drive Anchorage, AK 99507-6494 Telephone 907 248-7188 Fax 907 248-7278 Email lapres@gci.net 1.1 APPLICANT POINT OF CONTACT Name David W. Lappi Title Member Mailing Address 10600 Prospect Drive Anchorage, AK 99507-6494 Telephone 907 248-7188 Fax 907 248-7278 Email lapres@gci.net 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) An electric utility holding a certificate of public convenience and necessity under AS 42.05, or X An independent power producer, 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 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.) Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 3 of 17 9/3/2008 SECTION 2 – PROJECT SUMMARY Provide a brief 1-2 page overview of your project. 2.1 PROJECT TYPE Describe the type of project you are proposing, (Reconnaissance; Resource Assessment/ Feasibility Analysis/Conceptual Design; Final Design and Permitting; and/or Construction) as well as the kind of renewable energy you intend to use. Refer to Section 1.5 of RFA. On April 17, 2007, the Alaska Department of Natural Resources (DNR) issued a Land Use Permit to Alaska Wind Power LLC to construct temporary meteorological towers on state property within the Delta River area south of Delta Junction. The data collected by the towers support moving forward to develop the area’s wind energy resources. We are now in the Final Design/Permitting phase of the Delta Wind Project. These grant funds will be used to help conduct avian studies to identify potential problems with our proposed wind turbine siting. These are key studies intended to finalize our wind farm design and help complete our permitting requirements. 2.2 PROJECT DESCRIPTION Provide a one paragraph description of your project. At a minimum include the project location, communities to be served, and who will be involved in the grant project. The Delta Wind Project is designed to contribute clean, renewable wind power to the railbelt energy grid. The project area is about 25 miles south of Delta Junction on Coal Mine Road. We are currently funding an Interconnection Study with Golden Valley Electric Association (GVEA) to identify costs associated with putting wind power on their transmission system near Delta Junction. The results of the interconnection study will be used to formulate a power tariff for sale of our power to GVEA. The size of our project is dependent on our ability to sell power, not on the wind resource, but we expect that a 40 to 50 MW project could be achievable. The communities served will include all communities within the GVEA’s service area that purchase power from GVEA, including Delta Junction, North Pole, Fairbanks, Fox, College, Nenana, and Healy, as well as two major gold mines, Fort Knox and Pogo. The grant participants will include Alaska Wind Power LLC (the project owner) and an environmental contactor, yet to be selected, to conduct the field work and report the results. The federal Bureau of Land Management has not identified any threatened or endangered species of wildlife in the project area. However, the area does include “potential” habitat for at least four species of birds currently listed on BLM- Alaska’s Sensitive Status Species List. Pre-development surveys should be conducted within the project area to locate any sensitive species of concern. The avian surveys that are the subject of this grant application are described below. Task 1—Raptor Survey To locate eagle nests in the vicinity of the wind farm, we would conduct a fixed-wing aerial survey to search for active Bald or Golden eagle nests within 10 miles of all proposed wind farm facilities. A raptor biologist will accompany a pilot (Piper Supercub) for 1 day of surveys. Task 2—Spring Migration Surveys (Diurnal) Spring migration occurs in the area from about early April to mid May, with peak periods for species varying during that time span, thus prolonged sampling would be cost-prohibitive. Instead, we suggest a targeted approach to sample periods when the most birds and species would be moving through the area. A biological technician will collect daily observations during two 10-day windows (20 days total) to help characterize the species, relative abundance, and distributional use (geographic and altitudinal) of birds using the proposed wind farm. Task 3—Summer Bird Use at the Wind farm Site Summer bird use of the wind farm area is primarily associated with the local breeding populations, and Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 4 of 17 9/3/2008 the objective of this task is to characterize use of the area by breeding birds. A biological technician will collect bird observations during six 1-day visits to the wind farm site in summer. Two visits will occur in each month during June, July, and August. Task 4—Fall Migration Surveys (Diurnal) Fall migration in the area is more prolonged than spring migration, but most larger migratory birds (waterfowl and cranes) move through the area in late August to early October. To characterize fall migration, a biological technician will collect daily observations during three 9-day periods and record species, relative abundance, and distribution (geographic and altitudinal) of birds using the proposed wind farm site. Task 5—Fall Migration Surveys (Nocturnal) Because many species groups (e.g., waterfowl, passerines) migrate during the night, nocturnal techniques (such as radar) are required to assess migration. We propose to measure nocturnal migration rates and characteristics (e.g., altitude and direction) with a mobile radar lab, concurrent with diurnal investiga tions for three 9-day periods. We are recommending radar monitoring only for fall migration because 1) the nocturnal period then is longer than during spring, 2) more birds, including young-of-the-year (i.e., less experienced flyers) travel through the Tanana Valley in fall, and 3) we believe some nocturnal studies will occur in spring 2009 close to Delta Junction . 2.3 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. Include a project cost summary that includes an estimated total cost through construction. We are applying for a grant of $105,000 for these avian studies, and we will contribute $26,250 for a project total of $131,250. This provides for a 21% match by our company. The budget for the proposed avian study is shown below. Assuming that we will be able to access good locations to conduct ground-based surveys during the spring, summer, and fall of 2009 (e.g., end of Coal Mine Road), the budget estimate for each task follows. Task 1—Raptor survey ~$8,550 Task 2—Spring Migration Surveys ~$32,900 Task 3—Summer Site Assessments ~$11,900 Task 4—Fall Migration Surveys (Diurnal) ~$39,900 Task 5—Fall Migration Surveys (Nocturnal/radar) ~$38,000 Total: ~$131,250 The budget for the entire Delta Wind Project is shown below. Permits, Met, Envir, Design Studies, Legal $3.0 Road Construction 6.0 (12 miles in ideal construction conditions) Control & Maintenance Building .6 Foundations for Turbines 8.0 (20 x $400k each) Crane for Turbine Construction 4.0 (rental and mob/demob) Turbines, Towers & Commissioning 60.0 (40 MW at $1.5 mill/MW) Transmission to Delta Junction 6.0 (20 miles X $300k per mile) Transformer Station to 138KV 5.0 Underground Power Collection 3.0 Hookup 0.4 Total: $96.0 million Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 5 of 17 9/3/2008 2.4 PROJECT BENEFIT Briefly discuss the financial benefits that will result from this project, including an estimate of economic benefits(such as reduced fuel costs) and a description of other benefits to the Alaskan public. This Study: Alaska Wind Power LLC is proposing to build a wind farm east of the Richardson Highway in the Jarvis Creek area, near Delta Junction, Alaska. Avian issues are often a concern at wind farm facilities because of the potential for disturbance, habitat avoidance, and mortalities or injuries from collisions. Although the proposed site is some distance from the Tanana Valley, which is well known for its crane and waterbird migration, some migratory movements of birds are likely to occur over the site. All migratory birds using the area are protected by the Migratory Bird Treaty Act. Bald and Golden eagles are also protected further by the Eagle Protection Act. The proposed avian studies would characterize avian populations using the wind farm area. Specifically, this study will collect information on species use, relative abundance, flight characteristics, and assess the risks that these species might have within the wind farm area. The Delta Wind Project Generally: GVEA is currently producing about one-third of their power from liquid hydrocarbons, one-third from coal, and purchasing another third from Southcentral Alaska utilities through the Northern Intertie. The Delta Wind Project will likely displace GVEA’s most expensive power, which is peaking power made from liquid hydrocarbons. Delta Wind Project generation at the far end of GVEA’s transmission system will diversify their sources of supply geographically so they are not so heavily dependent on the integrity of the Northern Intertie. With dynamic VAR support associated with the wind farm, GVEA’s grid could be strengthened by regulating and stabilizing voltage levels. Our generation will provide an additional source of local power for consumers in Delta Junction, reducing line losses a few percent from North Pole to Delta Junction. Several large loads exist in the Delta Junction area: The Pogo Gold Mine, the Fort Greely Missile Defense site, and the Alyeska Pipeline Pump Station 9. Just the missile site and pump station electrification have increased the electric load by 30 MW within the last few years. All GVEA consumers could benefit from our project if oil prices continue to rise, since our power price will be largely fixed and not fluctuate with Alaska’s oil and gas prices. Environmentally, air pollution in North Pole will be reduced by the amount of fuel burn we displace from GVEA’s liquid hydrocarbon generation there. This project is located on state land and will also serve the state’s goals for responsibly developing, conserving, and enhancing Alaska’s natural resources for the use by present and future Alaska. 2.5 PROJECT COST AND BENEFIT SUMARY Include a summary of your project’s total costs and benefits below. 2.5.1 Total Project Cost (Including estimates through construction.) $96 million 2.5.2 Grant Funds Requested in this application. $105,000 2.5.3 Other Funds to be provided (Project match) $ 26,250 2.5.4 Total Grant Costs (sum of 2.5.2 and 2.5.3) $131,250 2.5.5 Estimated Benefit (Savings) $?? 2.5.6 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.) $ 27.56 million over 20 years (see below) Our power purchase agreement is not yet negotiated with GVEA. If we save GVEA and consumers just one cent per kWh over the price of generating electricity using liquid hydrocarbons: 40 MW Wind Farm X 30 percent Capacity Factor X 8,760 hours per year = about 105 million kW hours per year or more than $1 million per year in savings, or more than $20 million over 20 years. Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 6 of 17 9/3/2008 If GVEA line losses from North Pole to Delta are 3 %, then our 105 million kW hours per year saves consumers (our power will be consumed in Delta Junction, replacing power imported from North Pole): 105 million kWh X $0.12/ kWh (average cost) X 0.03 = $378,000 per year in savings, or $7.56 million over 20 years. 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. Alaska Wind Power LLC is the manager. It is managed by its members, Alaska Power & Telephone Company (AP&T), a certificated Alaska utility specializing in renewable energy (mainly hydropower), and LAPP Resources, Inc.(LRI), an Alaska-owned private resource development company. AP&T’s CEO is Mr. Bob Grimm and LRI’s CEO is Mr. David Lappi. Both have significant project management experience. AP&T’s web site (see http://www.aptalaska.com/index.php) describes the company as follows: Recognized as one of the most progressive utilities in Alaska, the keys to AP&T's continued success lay primarily in its willingness to promote and develop long-term reliable energy and communication solutions while capitalizing on the innovation and technical expertise of its skilled and dedicated employees. AP&T currently provides service to communities located above the Arctic Circle, deep in the Wrangell Mountains ,and throughout the islands of Southeast Alaska. We travel by boat, floatplane, snow machine, riverboat, helicopter, and all terrain vehicles. We maintain systems on windswept mountaintops and storm-battered islands. Our power and telecommunications lines cross rainforest, taiga, and tundra. We operate facilities in places that are among the wettest, driest, windiest, coldest, and most remote regions on earth. We live and work in Alaska. [The low temperature in Tok last winter was -72.5° F, and the lights stayed on.] Alaska Power & Telephone Company proudly marks 2007 as its 50th year of growth, innovation, and leadership in the utility industry. AP&T serves over 30 communities stretching from the Arctic Circle to the southernmost tip of Southeast Alaska. In five decades, AP&T moved from humble beginnings to take a leadership role in the development of renewable resource energy in Alaska. Through a combination of low impact hydro, wind, and experimental underwater river turbine projects, AP&T’s 134 employee-owners work to further minimize our environmental footprint while ensuring the availability of energy resources necessary for future years. LAPP Resources, Inc. has been involved in the Alaska energy business since 1991. During the last 17 years, LRI has been instrumental in exploring new energy sources for both the rail belt and rural Alaska, from wind energy, to remote sensing for geothermal exploration on the Alaska Peninsula, to shallow gas and coalbed methane exploration in the Cook Inlet basin (see http://home.gci.net/~lapres/index.html). Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 7 of 17 9/3/2008 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.) Spring 2009 – Two to three weeks of fieldwork involving one or two biologists in the field studying bird use and spring migration patterns for the wind farm region. Radars may be used for night-time bird tracking. Fall 2009 – Three to four weeks of fieldwork involving one or two biologists in the field studying bird use and fall migration patterns for the wind farm region. Radars may be used for night-time bird tracking. 3.3 Project Milestones Define key tasks and decision points in your project and a schedule for achieving them. Task Time Period Identify Contractors Fall 08 Request Proposals Fall 08 Evaluate Proposals Fall 08 Award Contract Winter 08/09 Conduct Spring Fieldwork Spring 09 Evaluate Results Summer 09 Conduct Fall Fieldwork Fall 09 Evaluate Overall Results Fall 09 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. This project will be managed by Mr. David W. Lappi for Alaska Wind Power LLC. Contractors for this project have not yet been selected. I have had discussions with ABR Environmental in Fairbanks (see http://www.abrinc.com/), regarding the likely work requirements and budgets. The State of Alaska Department of Natural Resources and the US Fish and Wildlife Service will also be involved in designing this study The contractor selected for the study will ideally have experience with local bird populations and have radar units available to use at that time. 3.5 Project Communications Discuss how you plan to monitor the project and keep the Authority informed of the status. Alaska Wind Power will work closely with the selected contractor and keep the AEA informed of progress by regular e-mail updates as components of the project are completed. The contractor’s Interim and Final reports will be submitted promptly when completed. Further details may be specified in the final Grant Agreement. Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 8 of 17 9/3/2008 3.6 Project Risk Discuss potential problems and how you would address them. The avian studies have a low completion risk associated with them. The bird studies could uncover a conflict between our wind farm proposal and the area’s avian resources. In that case, various mitigation measures could be evaluated, for instance turbine sites could be moved. 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 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 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. The wind energy resource of the Delta Wind Project has been evaluated with two met towers, one for 21 months, and the other for nine months . This monitoring has demonstrated the economic viability of a 40-50 MW wind farm. The limiting factor for wind energy capture in this region is the amount of wind power that can be integrated into the GVEA grid, not the wind resource. Our wind resource is unusual in that useful winds blow only from the south, the area has a high percentage of calm days, but when the winds blow, they are generally strong, providing enough power to maximize wind turbine efficiency. Pros: Our project will allow more of our fossil fuels to be exported to regions where wind generation is not an option, and improve our air quality in the Fairbanks region. Our wind resource is a known resource that can be developed using thoroughly tested and proven wind turbine technology within the short term to help meet the energy needs of a growing region of the State. Other options as sources of power for Fairbanks include continued reliance on fossil fuels, which currently supplies more than 90% of the market. Locally-used fossil fuels include oil refinery byproducts from the North Pole Refinery (supplies 1/3rd of GVEA’s demand), and coal from the Usibelli Coal Mine near Healy (1/3rd). Purchased electricity from Southcentral Alaska is generated about 90% from Cook Inlet natural gas and 10% from hydro (1/3rd). GVEA also receives about 20 MW from the hydroelectric facility at Bradley Lake on the Kenai Peninsula near Homer. The Healy Clean Coal Plant could be re-started to generate more coal-fired electricity if the contractual, technical, and regulatory hurdles could be overcome, but GVEA may not be the beneficiary of this electricity. In the intermediate future, a gas pipeline may be built from the North Slope to Fairbanks, but neither the schedule for construction and completion, nor the price of natural gas from this source is currently known. Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 9 of 17 9/3/2008 All fossil fuel sources of electricity could be subject to future “cap and trade” or “carbon tax” regimes designed to reduce CO2 emissions growth or output. The makeup of our future Congress and Presidential administration may make these measures quite likely to pass. Wind power will not be subject to these added costs. Other renewable sources include solar and in-stream hydro (Tanana River), both of which are not available during high-demand winter months. Neither option is likely to be economic within the near future. Geothermal energy could be available in the region (e.g., Manley and Chena Hot Springs), but new and expensive exploration of the potential sources would be needed. Cons: Arguments against building our proposed project include the largely unfounded perception that wind farms “kill too many birds”, and fears that visual resources of the area will be altered. 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. Golden Valley Electric Association currently gets about one third of its power from each of the following sources: Healy coal, power purchased from Southcentral Alaska utilities, and refinery byproducts from the North Pole Oil Refinery. GVEA’s peak system load was 223 MW at 5:00 pm on December 19, 2007. It was -33 degrees F at the time. Coal: Healy coal is transported to six Interior Alaska electrical power plants - including three military sites: Fort Wainwright (U.S. Army), Eielson Air Force Base and Clear Air Force Station; Golden Valley Electric Association (Fairbanks' electric cooperative); Aurora Energy (a wholesale supplier of electricity and provider of district heat in Fairbanks); and the University of Alaska Fairbanks power plant. Purchased Power: Power purchased from Southcentral utilities is imported through the Northern Intertie. About 80 percent of it is generated using simple cycle natural gas turbines in several locations, generally at efficiencies of about 35 to 40 percent. Southcentral is running short of natural gas and this scarce resource could be used more efficiently for space heating of homes and businesses (more than 90% efficiency in modern furnaces). Liquid Hydrocarbon Generation: The GVEA generation plant at North Pole burns refinery byproducts; HAGO (heavy atmospheric gas oil) for 120 MW and naphtha for an additional 60 MW (built 2007). Alaska Wind Power is currently undertaking an interconnection study administered by GVEA through their system stability consultants, Power Engineers. This study should be complete by the end of the year and will identify the design, equipment, and operating procedures required to ensure GVEA’s system stability when accepting power from our wind farm in the Delta region. 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. See above. We have begun an interconnection study through GVEA to identify necessary measures to minimize the impact of wind power integration on their grid. This study will likely be competed Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 10 of 17 9/3/2008 by the end of 2008. Our project will benefit air quality in North Pole, since less fuel will need to be burned there to follow GVEA’s load. 4.2.3 Existing Energy Market Discuss existing energy use and its market. Discuss impacts your project may have on energy customers. Fairbanks is a modern city of about 80,000 people in central Alaska. This city and a few outlying connected communities will consume the electricity generated by this project. In addition to Fairbanks, those cities are Delta Junction, Big Delta, Salcha, North Pole, Fox, Ester, Nenana, and Healy. In addition, several large industrial users will benefit, e.g., Fort Knox Gold Mine, Pogo Gold Mine, Fort Greely Missile Defense, and Alyeska Pump Station 9. We believe that our project will help shelter GVEA’s customers from the effects of carbon taxes or emissions trading schemes that we believe are about to be implemented. GVEA’s customers are now about 90% exposed to the full brunt of those taxes since 90% of their generation is coming from fossil fuels. 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 Delta Wind Project will generate renewable electricity from wind resources in the Jarvis Creek region near Delta Junction.  The optimum installed capacity will be dependent on our power purchase contract with GVEA, the local utility, and is not limited by the wind resource available.  We anticipate a minimum capacity factor of 30 percent.  The project will generate about 105 million kW hours per year from 40 MW of nameplate installed capacity, more capacity will be installed if power sales agreements allow.  Barriers include an adequate power purchase agreement with the utility being negotiated, or unanticipated wildlife or bird issues arising from our specific site.  Step-up transformers and a 20 mile long 138 KV transmission line will be built to get our power to the GVEA grid. An integration study is underway now to identify grid integration issues.  The power will be sold wholesale to GVEA and delivered to consumers by GVEA as it is now. 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. The access route and site are vacant State land that is currently held under a 36 square mile State Land Use Permit. The University of Alaska has selected (but has not yet received) most of this area Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 11 of 17 9/3/2008 for ownership as part of its land grant from the 2005 State Legislature. We have held a “pre- application meeting” with University and government stakeholders (US COE, F&WS, ADF&G, DNR, DEC, BLM) and we expect few impediments to project completion. Completion of our avian and design studies is required to proceed to a State land lease for the wind farm site. We also hold another six square miles of adjacent Federal land as a three-year BLM Wind Right of Way, allowing us to study the wind resource and propose a final development plan. At this time, the State lands look like a better wind resource, so no development of BLM lands is now proposed. 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  Wetlands Permit (if applicable) - Fall and Winter 2008  SHPO Review - Fall and Winter 2008  Interconnection and Power Purchase Agreement – Summer 2009  ADF&G habitat permit - Fall 2009  State land lease - Fall 2009  Various construction permits – 2010. 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 For the wind farm proposal generally:  No threatened or endangered species are known in the local area. The avian studies that are the subject of this grant application are a key element of our environmental study.  The area is used by moose and caribou (Macomb Herd). Few wind farms have been built in caribou habitat.  Small wetlands exist near kettle lakes along the proposed road ROW. The road will avoid wetlands.  Few archaeological and historical resources are known in the area. The area was glaciated a few thousand years ago, so old resources are probably absent. Coal Mine Road goes to an old coal prospect and some relict mining equipment remains.  There are no known land development constraints, aside from winter winds that at times exceed 100 mph and develop large snowdrifts in sheltered areas.  Telecommunication interference is unlikely. There are no businesses and few residences within 20 miles of the site.  Aviation use of the area is frequent, since it is near the Trans Alaska Pipeline, and between Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 12 of 17 9/3/2008 the military Donnelly Training Area/Fort Greely and Black Rapids Training Camp. Military airspace overlies the site, and civilian airmen often fly along the Delta River Valley that contains the Richardson Highway. Notices to Airmen and obstruction lights on met towers and turbines will alert the aviation community of the potential hazard.  Aesthetic and visual impacts will be reduced by locating the wind farm several miles from the Richardson Highway where the majority of travelers will not see it from close quarters. Some find wind turbines graceful additions to the countryside, a reminder that we can live well while reducing our use of fossil fuels. About half of the transmission line is adjacent to the Richardson Highway, and the southern half is along our proposed access road. Most travelers will not see the southern half of the line, since it will be some distance away from the Richardson Highway.  GVEA has a wind farm proposal at Eva Creek, near Healy, that could potentially compete for market share with our proposed wind farm. Ideally, both farms could be accommodated, since geographic diversification for this form of distributed generation will make wind power more reliable and subject to fewer output swings. A suitable power purchase agreement with GVEA is a key element of our project. Environmental studies could uncover unknown animal or bird issues that could impact our proposal. 4.4 Proposed New System Costs (Total Estimated Costs and proposed 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  The total estimated project cost for a 40 MW project is $96 million.  This phase of the project is for avian studies, at $131,250 ($105,000 this grant application).  Company capital contribution matching funds and labor, $26,250.  Other funding sources could include project loan funds and/or joint venture with others. Alaska’s Power Project Loan Fund could be used to fund this and other railbelt energy developments using tax-free bond financing for reduced loan costs.  The total estimated project capital cost for a 40 MW project is $96 million.  The total estimated project development cost (for studies) for the project is $3.0 million. 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.  Total anticipated project cost for this phase  Requested grant funding  For this grant application, there is no O&M cost associated with the avian studies.  For the Delta Wind Project, direct O&M costs are estimated at about one cent per kWh. More definitive numbers will be available as the final design is settled. Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 13 of 17 9/3/2008  This grant application has requested $105,000 for avian studies worth $131,250. 4.4.3 Power Purchase/Sale The power purchase/sale information should include the following:  Identification of potential power buyer(s)/customer(s)  Potential power purchase/sales price - at a minimum indicate a price range  Proposed rate of return from grant-funded project  No wholesale power purchase agreement has been negotiated at this time with Golden Valley Electric Association (GVEA).  We expect that the sale of our power will be at rates close to GVEA’s actual avoided cost.  We expect that the majority of our project will be funded using project loans, not grants. When commissioned, our project will help GVEA meet its increasing energy requirements, stabilize its power costs, and avoid a portion of future taxes on carbon fuels or CO2 emissions. 4.4.4 Cost Worksheet Complete the cost worksheet form which provides summary information that will be considered in evaluating the project. Download the form, complete it, and submit it as an attachment. Document any conditions or sources your numbers are based on here. GVEA’s 2007 Annual Report states that their original turbine at North Pole burns 4,300 gallons of fuel each hour to make 60 megawatts of electricity. We assume that our wind generation would replace the most inefficient turbine on the system, saving this amount of fuel each hour. Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 14 of 17 9/3/2008 4.4.5 Business Plan 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. We expect that the wind resource will continue to be available in the area for the foreseeable future. Alaska Wind Power LLC will operate this project as an independent power producer on the GVEA system, selling wholesale power to GVEA for distribution to its customers. Our power purchase agreement will allow for adjustments to prices based on inflation and other market conditions, allowing us to continue operations for the long term. 4.4.6 Analysis and Recommendations Provide information about the economic analysis and the proposed project. Discuss your recommendation for additional project development work. We have visited wind energy sites and visited with wind energy companies in many areas of the USA. In some of those areas, operating conditions are just as difficult as the Delta area. Wind energy companies, with rare exceptions, are able to make sustainable operations in areas with much lower power costs than Delta. Our wind resource studies over the last two years, and our economic analyses indicate that the Delta region has a viable wind energy resource that can be harnessed and sold on a sustainable basis for local consumption. Further project development work includes refining turbine location selections based on the latest wind resource, geotechnical, avian, and wildlife studies, and completing the GVEA grid integration and interconnection studies. A key development effort will be the negotiation of the Power Purchase Agreement with GVEA in a form that allows for long-term project construction debt financing. Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 15 of 17 9/3/2008 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 avoided cost of ownership)  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  The annual fuel displacement is over 7 million gallons, based on published efficiencies of turbines at GVEA’s North Pole facility. If we save the consumer just one cent on the cost of power produced from liquid fuels, we will save GVEA customers more than $1 million per year, or more than $20 million over the 20 year life of the wind turbines (they would be replaced by newer more efficient models at that time).  Our power purchase agreement will specify the price for our power so we can’t tell what the annual revenue is at this time, but it will be sufficient to operate the wind farm over the long term, or we will not build it. We are a Qualifying Facility as defined by the Federal Energy Regulatory Commission, and thus are able to sell our power to GVEA at their RCA published avoided cost, less the cost of wind integration (if any).  Federal Tax Credits for wind include the two cent per kWh Production Tax Credit (PTC) that was recently renewed by Congress for a further year. Our project will proceed even if this tax credit fails to be extended next year, although it helps the project economics to have it.  Renewable attributes for our project will be sold, hopefully to the highest and best bidder, to further assist with project economics.  Non-economic public benefits: We believe the Delta Wind Project will be an asset to the community of Delta Junction and the Interior generally, and we expect that tourists, locals, and school children will want to tour the wind farm and understand its operation Another public benefit are the jobs created by the construction and operation of the wind farm. This stable, long-term project will create local employment for a few people and many temporary jobs during the construction phase. This employment will be good for the town of Delta Junction. The Delta Wind Project will displace about seven million gallons of hydrocarbons per year that are currently being burned in combustion turbines in North Pole to generate power. This will allow the liquids to be exported through the Trans Alaska Pipeline system to the Lower-48 to reduce their need to import oil from foreign countries in distant, unstable parts of the world. Some would say that this is a step toward environmental, social, and economic justice. We think that American energy self-sufficiency is a worthy goal, and the Delta Wind Project is another step toward attainment of that goal. Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 16 of 17 9/3/2008 SECTION 6 – GRANT BUDGET Tell us how much your total project costs. Include any investments to date and funding sources, how much is requested in grant funds, and additional investments you will make as an applicant. Include an estimate of budget costs by tasks using the form - GrantBudget.xls The Delta Wind Project will consist of a 40 to 50 MW wind farm and a 20 mile long transmission line to the end of the GVEA transmission system near Delta Junction. The project budget is $96 million, comprising $93 million for capital construction, and $3.0 million for development studies and permitting. We have pursued this project for nearly two years using our own funds and labor, with two meteorological towers on the site collecting 10-minute average wind resource data daily. We have completed preliminary design of the new proposed access road and have a turbine layout plan in place. Earlier this year on February 12 we applied for and were granted an AEA grant for $100,000 in “pre-construction funding”, but the grant agreement is not in place and those funds are not yet available. We will work with AEA to decide which portions of the project to apply those funds to. This application applies for $105,000 for funds to conduct an Avian Study of the Delta Wind Project area. The Study will cost $131,250 and we will supply the extra matching $26,250 from our company funds and in-kind contributions. We expect the project and other good railbelt projects will qualify for long-term project debt financing and thus preserve the State Renewable Energy Fund grant monies for smaller -scale projects in rural areas where long-term debt may be more difficult or impossible to get. Renewable Energy Fund Grant Application AEA 09-004 Grant Application Page 17 of 17 9/3/2008 SECTION 7 – ADDITIONAL DOCUMENTATION AND CERTIFICATION SUBMIT THE FOLLOWING DOCUMENTS WITH YOUR APPLICATION: A. Resumes of Applicant’s Project Manager, key staff, partners, consultants, and suppliers per application form Section 3.1 and 3.4 B. Cost Worksheet per application form Section 4.4.4 C. Grant Budget Form per application form Section 6. D. An electronic version of the entire application per RFA Section 1.6 E. Governing Body Resolution per RFA Section 1.4 Enclose a copy of the resolution or other formal action taken by the applicant’s governing body or management that: - authorizes this application for project funding at the match amounts indicated in the application - authorizes the individual named as point of contact to represent the applicant for purposes of this application - states the applicant is in compliance with all federal state, and local, laws including existing credit and federal tax obligations. F. CERTIFICATION The undersigned certifies that this application for a renewable energy grant is truthful and correct, and that the applicant is in compliance with, and will continue to comply with, all federal and state laws including existing credit and federal tax obligations. Print Name David W. Lappi Signature Title Member Date October 8, 2008