Loading...
HomeMy WebLinkAboutTDX Statement of qualifications STATEMENT OF QUALIFICATIONS 2008 Anchorage Office: 4300 “B” Street, Suite # 402, Anchorage, AK 99503 Phone: (907) 278-2312 Fax: (907) 278-2332 Email: Info@tdxpower.com St. Paul Office 100 Airport Way St. Paul, AK 99660 Phone: (907) 546-5007 Fax: (907) 278-2332 Email: info@tdxpower.com Philadelphia Office 715 Folly Hill Road Kennett Square, PA 19382 Phone: (610) 388-1700 Fax: (610) 388-1505 Email: Bruce@tdxpower.com 2 Executive Summary TDX Power is an accomplished energy services provider for electric generation, transmission, and distribution systems in Alaska and owns and operates both electric utilities and fuel companies in remote portions of Alaska. TDX Power provides critical, must-run generation service to over 1,000 industrial, commercial, government, and residential customers, using diesel, natural gas, and wind power. TDX Power also designs, finances, builds, owns and operates power plants in sizes ranging from 100kw to 350 MW using diverse technologies. TDX Power is a wholly owned subsidiary of TDX Corporation, an Alaska Native Village Corporation for the village of Saint Paul Island, Alaska. TDX Corporation was created under the Alaska Claims Settlement Act (ANCSA) passed by the US Congress in 1971. TDX Corporation was established in 1973. TDX Power was formed as an independent subsidiary in 1999. TDX Power is certified as a Small Disadvantaged Business under the US Small Business Administration 8(a) program. TDX Power is Hub Zone certified and has 8(a) qualifications in 7 different NAICS Codes all related to power generation equipment and operations. TDX Power was founded after the successful completion of a state of the art power plant on St. Paul Island. TDX Power financed and constructed a new, nonregulated electric facility on Saint Paul Island and has since financed, purchased, and extensively retrofitted and modernized two regulated Alaskan electric utilities, located in Sand Point in the Aleutian Islands and on the North Slope at Prudhoe Bay. Through these and other projects, TDX Power offers experience and proven results in the evaluation, design, finance, construction and operation of advanced-technology, high-reliability power generation plants. TDX Power also supplies custom mobile and stationary power equipment packages to the U.S. military, and provides design, construction, and operations consulting services to Alaska institutions, such as the Alaska Energy Authority, in addition to large industrial energy users in Prudhoe Bay and across the United States. 3 TDX Power works with the following types of customers: Electric Utilities TDX owns and operates regulated utilities in Alaska, and works with the federal government on privatization of military utilities. Military Branches TDX Power provides custom engineered power generation solutions to all branches of the military, from switchgear, system integration controls, and generator sets to fully integrated EPC power plants of all technologies. TDX also provides field site services for a wide range of power generation facilities. Consulting clients TDX supplies a wide range of specialized, fee-based power industry consulting. These services include but are not limited to feasibility analysis, economic analysis, technology assessment, project development, design and construction, operations, mergers and acquisitions, project finance or refinance and troubled project work-out. Project Developers TDX works with companies developing industrial and commercial projects in need of reliable on site power generation. TDX Power designs and installs custom equipment solutions and provides O&M support. 4 TDX Power works with the following types of customers: Switchgear and Controls TDX Power designs, builds and installs custom switchgear and controls for power plants of all technologies and sizes. TDX Power specializes in integrating renewable energy technologies like wind and solar power with traditional fossil fuel based plants through the use of sophisticated control packages. Equipment Packaging TDX Power provides custom engineered power generation packages including generator sets from multiple manufacturers, turbines and small renewable energy packages. Power Plant O&M TDX supplies a wide range of specialized, fee-based power industry O&M services. These services include but are not limited to fossil fuel based plants, renewable energy facilities and remote sites. Project Development TDX works with companies developing industrial and commercial projects in need of reliable on site power generation. TDX Power specializes in remote site, critical must-run facilities, small renewable and renewable-fossil hybrid plants, and medium sized renewable and fossil fuel based plants. 5 Overview TDX Power offers our customers complete power solutions, including: o Power Plant Design o Project and Power Plant Finance o Project Development o Operations & Maintenance o Best Value Business Models o Earned Value Management System (EVMS) Compliant o ISO 9000 Compliance on all services and operations o Quality Assurance/Quality Control Standards across all aspects of the company o Environmental & Safety Standards for all projects and facilities Our goal is to minimize risk and maximize success of every project while providing cost-effective solutions. Our expertise represents the best commercial practices and capabilities in the power generation industry. TDX Power is composed of a proven performance-based team with unique qualifications in projects ranging from fossil fuel, hybrid-renewable (such as wind diesel), hydro, and geothermal power projects located in the United States, Pacific Rim, arctic and sub-arctic locations. 6 Services TDX Power has assembled a dynamic and extraordinary team of industry professionals; we offer our clients expertise in the various areas to meet federal government contracting requirements. o EPC Development of power plants of all technologies and sizes o Design Services o Engineering Services o Procurement (we have an outstanding relationship with major vendors i.e., GE, Caterpillar, Siemens, Mitsubishi, Vestas to name a few) o Planning & Scheduling o Earned Value Management System (EVMS) o Construction of Power Plants o Commissioning o Operations & Maintenance 7 Technology Neutral TDX Power is technology neutral—we look for the most efficient solutions at a given site to generate power. Our professional team has experience with power generation deploying fossil fuel, alternative, renewable based technologies and have worked on every continent in the world except Antarctica. Owns & Operates Regulated Utilities TDX Power owns and operates regulated utilities. This expertise provides us a different view from most consulting and A/E firms; we design, build and operate as if we would be the long-term owners. Our solutions stem from a long-term view and we believe offer our customer base the best solution for the life of the plant, and not just the life of the project.. Consulting Services TDX supplies a wide range of specialized power industry consulting for both fossil fueled and renewable technologies and projects. These services include but are not limited to feasibility analysis, economic analysis, technology assessment, project development, design and construction, operations, mergers and acquisitions, project finance or refinance and troubled project restructuring. Power System Sales TDX designs and constructs custom specification power generation systems for commercial and government customers. TDX is uniquely qualified to provide power generation solutions for remote, minimally supported sites. 8 Management Approach Our management methodology is central to the TDX Power’s approach. We believe in performance-oriented leadership, Earned Value Management System control (EVMS) and technology capabilities that provide a highly structured and flexible management matrix. This approach ensures accountability, oversight and responsiveness, facilitating streamlined communications between the TDX Power Team, the Contracting Officer, the Contracting Officer's Technical Representative, partners, suppliers and users. The Team's approach transcends the design and construction phases, evolving into a support system which enhances operations, engineering changes, mission flexibility and safety of operations. Using a strong program management team aided by the EVMS provides not only the oversight we need to effectively manage and control the project but also provides our customers with an unprecedented level of insight into the project and its success as well as any cost or schedule issues that are being mitigated. TDX Power Generation Experience o Fossil Fuel Based Plants o Renewable Hybrid Plants such as Wind Diesel o Wind Farms o Geothermal o Hydro o Solar – PV, Solar Farms o Marine Technologies such as Wave and Tidal Power o Deep Ocean Thermal 9 TDX Power Experience o Power Generation o Project Development o Due diligence procedures and the development of thorough and detailed transition plans o Design-build experience o Engineer, Procure and Construct (EPC) Projects o Improved processes for increased efficiencies and cost-savings o Experience in performing life-cycle analyses (LCA) o Ability to plan for future improvements and efficiencies according to LCA calculations o Knowledge of licensing and permitting requirements in the power generation field o Project Finance o Arctic and Sub-Arctic o Complex Project Design o Total Power Solutions with Construction & Logistics o DoD and MDA-Specific Experience in HEMP Shielding Projects o Electrical Sector Commercial Best of Practice o Complete, Comprehensive, COTS Total Solutions o Earned Value Management System Planning and Execution o Integrated Program Management System using EVMS o Best Value Business Model o Risk Mitigation o Electrical and Mechanical Engineering o Critical Systems Operations 10 Project Experience TDX Power was established in 1999 with the creation of a power plant project on St. Paul Island, Alaska, in the Bering Sea. TDX Power has financed and constructed a new, nonregulated electric utility in Alaska, located on this remote island in the middle of the Bearing Sea half way between Alaska and Russia. Seeking relief from rapidly escalating diesel fuel based energy costs on Saint Paul, in the mid 1990’s Tanadgusix began planning to deploy the emerging new wind/diesel technology being supported by the National Renewable Energy Lab. Tanadgusix engaged an energy project consultant to conceive then manage the design and installation of a wind/diesel system capable of supplying load-following electric and thermal energy for an 80,000 square foot, Tanadgusix owned commercial building. TDX Power designed, developed, constructed and now operates one of the country’s largest and most reliable high-penetration wind/diesel power plants. Providing 100 percent availability in 2004 through 2007, this unique plant boasts an average capacity factor of over 40 percent and has reduced liquid fuel consumption at this remote industrial complex by over 45 percent. Before the new plant was built, Tanadgusix Corp., TDX Power’s parent corporation, was purchasing electricity from the local municipality whose current rate is approximately 45 cents per kWh. Tanadgusix Corp. hired Bruce Levy, an experienced power expert, and now President of TDX Power, to study the feasibility of using wind power to supplement the diesel energy power plant, thus reducing the cost of energy. The ensuing project resulted in the development of a hybrid wind diesel combined heat and power system that has reduced the cost of electricity from 45 cents per kWh to 17 cents and has operated with 100 percent reliability in a harsh, arctic, corrosive sea environment. Hybrid Wind Diesel Power System, St. Paul Island, Alaska; • Value: $2.5 million • Performance Period: 1999 – present 11 Project Experience Electric Utility Acquisition and Upgrade, Deadhorse, Alaska • Value: $10 million • Performance Period: January 2003 – present TDX Power acquired, owns, and operates the regulated natural gas and diesel fuel fired power generation plant and electric distribution system in Deadhorse, Alaska (formerly owned by Arctic Utilities, Inc.) that serves Prudhoe Bay oil service companies. Arctic Utilities was a distressed utility, and TDX Power acquired this asset with the knowledge that customers had been leaving the grid because of daily outages and escalating prices. At the time of acquisition, the Deadhorse electric power plant was one of the more inefficient and out-of-compliance plants in Alaska. Today, TDX Power operates the plant with increased efficiency and lower prices, and improvements have convinced former customers to return to the system. TDX Power invested over $5 million in improvements, upgrades and retrofits. Investments included emissions control equipment, new gas-fired generating capacity, cooling system upgrades, and replacement of over 70 percent of the underground electrical distribution system and utilidor. Forensic analysis performed by TDX Power demonstrated that new technology would be required to increase efficiency, safety, and reliability. Additionally, the entire distribution system was aging in a harsh, arctic permafrost environment and needed to be replaced. The business analysis determined that the existing tariff would be reasonable to support capital upgrades. TDX Power then determined that former customers would return, once convinced of better service and lower cost. Among the most extensive upgrades that TDX Power completed was the aging transmission and distribution system. TDX Power designed, installed and now 12 maintains a state-of-the-art, arctic-grade, medium-voltage distribution system that interacts seamlessly with adjacent telecommunications and natural gas distribution systems in the same utilidor. TDX Power replaced over 10 miles of the conventionally insulated distribution with armor-clad conductor, and upgraded the control and monitoring switchgear. TDX Power’s North Slope investments have resulted in significantly enhanced system reliability and a COPA-driven tariff decrease of approximately 33%. This cost reduction has attracted many major, self-generating customers back to the utility grid. The resulting increased customer load base has expanded the utility’s annual kilowatt hour sales by approximately 40% over the past two years. 13 Project Experience Acquisition of Utility in Sand Point, Alaska • Value: $5 million • Performance Period: 2001 – present TDX Power acquired, owns, and operates the regulated electric utility in Sand Point, Alaska. The company provides all the electrical requirements for this large commercial fishing community in the Aleutian Chain through a fully automated, highly efficient diesel fuel-based power plant. TDX Power also maintains both above ground and buried electrical distribution systems here in one of the most severe, wind-dominated environments in the world. TDX Power purchased these Sand Point operations in 2001 and has subsequently invested over $2 million in powerhouse and distribution system upgrades, including fully automatic distribution controls and powerhouse switchgear. Of particular note, and resulting from these upgrades, TDX Power is one of the few utility owner/operators to seek RCA approval for a rate decrease. The RCA approved TDXSPG’s rate reduction application in 2004, which resulted in an approximate 20% tariff reduction for the large commercial customer class in Sand Point. Serving over 1,000 customers, this power plant is recognized as one of the most efficient and well-run systems in the region. At the time of the utility purchase in 2000, the average cost of electricity was approximately 39 cents per kilowatt (kW). After new operations and upgrades implemented by TDX Power, rates have dropped and reliability has substantially increased. TDX Power’s attention to environmental issues and wildlife protection is also evident in Sand Point. When the U.S. Fish and Wildlife Service expressed concerns involving the distribution system’s potential to harm Bald Eagles, TDX Power installed a state-of-the-art avian system to prevent electrical shock to Eagles that come into contact with energized conductors. 14 TDX Power believes further cost reductions will be difficult through engineering as the operations are now as efficient as possible. The real impediment to further cost reductions is the cost of fuel. Current fuel prices in Sand Point are approaching $5.00 per gallon and the resulting cost of power is three to four times the price in Alaska’s urban rail belt grid. TDX Power believes the answer lies in wind power development that will allow the utility to decrease the amount of fuel required to generate electricity in Sand Point. Based on the model of the existing wind/diesel hybrid power station on Saint Paul Island, TDX Power proposes to incorporate high penetration wind power into the existing diesel based power plant in Sand Point. The new, high efficiency power plant will be designed to provide further cost reductions for the community. The second significant benefit of the project will come from the district heating loop. As in St. Paul, a critical component of the project will include using excess electricity from the wind turbine to provide heat energy to a number of large community buildings such as the new health clinic, the school, and the community multipurpose building. Utilizing excess electricity to provide free heating to the community buildings will provide significant heating fuel savings to the community as well. As in St. Paul, TDX Power will train and employ local residents to operate and maintain the system on a full time basis. As wind power projects increase in rural Alaska, the demand for well trained operators from rural communities will increase, and TDX Power fully expects to provide well trained individuals to meet this need. TDX Power projects a further reduction in power rates of 20% once the wind power project is complete. 15 Project Experience Emergency Generation, Elmendorf AFB • Value: $200,000 • Performance Period: 2006-2007 • Principal Party Involved: Stephen Boardman, Deputy Chief, Programs & Project Management Division, Army USACE, Alaska District Phone Number: (907) 753-5799 TDX Power was awarded the sole-source contract by the USACE District, Alaska, to provide the capability to continue operations during power outages for the District’s main office and annex. The scope of work involved modifying the existing 400 kW standby power for the Main District and District Annex buildings located at the north center of the building on Elmendorf AFB. As part of this project, TDX Power has added new 1,200-amp bypass/isolation switchgear to the existing power supply to the district building. TDX Power provided all materials and work required to accomplish the installation, including but not limited to earthwork, excavation, compaction and backfill, concrete work, electrical conduits, and conductors. This work was performed under the constraints of limited interruptions of existing power to the facility, and TDX Power scheduled work on weekends to minimize impact to facility operations. 16 Project Experience U.S. Army Corps of Engineers District, Alaska; Installation and Testing for Standby Power Plant • Value: $350,000 • Performance Period: 2004 • Principal Party Involved: Stephen Boardman, Deputy Chief, Programs & Project Management Division, Army USACE, Alaska District Phone Number: (907) 753-5799 The USACE District, Alaska, awarded a sole-source contract to TDX Power to provide a standby power generation module. Components include a Caterpillar Diesel Electric Generator and associated balance of plant requirements. TDX Power acquired the equipment and spare parts, and created maintenance and operations manuals and successfully installed the equipment. This included the construction of sound attenuation enclosure and automatic transfer switches. TDX Power performed the site construction services from design and construction of a concrete foundation for the power module and ensured that anchor bolts were designed and installed to withstand seismic forces. TDX Power coordinated with client engineers and staff to accomplish this task on time and within budget constraints. 17 Project Experience US Air Force 611th CES Tin City Long Range Radar Station (LRRS) Hybrid Wind Diesel Project • Value: $2,145,000 • Performance Period: 2007-2008 • Principal Party Involved: Spencer Moore, Utilities Manager, 611th CES Phone Number: (907) 552-6431 Email: spencer.moore@elmendorf.mil The USAF operates a long range radar station in Tin City, Alaska which currently uses multiple diesel fueled engine generators to supply all required electric power as well as engine heat recovery derived facility heating. With fuel and fuel handling cost now at historically high levels, the USAF seeks technology alternatives to provide long term fuel-savings impact. As wind/diesel technology has been proven viable in a variety of remote applications in Alaska and internationally, the USAF has allocated resources to determine if a wind retrofit at Tin City can provide a meaningful, cost effective benefit. The centerpiece of the TDX development for Tin City is the 250 kilowatt Vestas V27 wind turbine. TDX owns an inventory of these machines and one is currently available for immediate deployment. Originally manufactured in Denmark, the 27 meter rotor diameter turbine has been extensively re- manufactured in the United States under TDX Power’s direction with all-new, American made major components and fully modified for Arctic conditions. At minimum, the proposed turbine will be warranted and guaranteed to new production equipment standards. For a variety of reasons, TDX considers a single 250 kilowatt turbine to be the ideal configuration and capacity for Tin City’s conditions and load specifications. With literally thousands of V27’s currently operating around the world, including Saint Paul Island, the machine is extremely familiar to TDX. The V27 is a proven performer with an extensive sub arctic Alaska operational record. It has superior parts availability and a vast, US based service network. 18 TDX developed its own wind/diesel modeling and simulation software program. TDX used its proprietary program to calculate the operations and resulting fuel savings of the wind power addition to Tin City’s existing diesel generating plant and heating system. Following are the summary results of TDX’s Tin City analysis and simulation. The situational assumptions used were: 1) deployment of one Vestas Wind Turbine V27, 2) hourly wind speeds at Tin City, as documented by the Alaska Energy Authority, and 3) one Cummins unit always running, with minimum set- point loading of 75 KW. • Annual turbine production = 858,000 kilowatt hours • Annual turbine run time = 7,644 hours (87.3% of year) • Annual average turbine output = 112.2 kilowatts • Average annual turbine loading = 32.2% • Annual “excess” turbine production for heating use = 183,100 kilowatt hours • Annual after retrofit engine generator facility fuel consumption = 125,677 gallons 1 • Annual after retrofit engine generator production = 1,412,300 kilowatt hours • Annual after retrofit fuel savings = 68,558 gallons • Assuming a fuel price of $3.00/gallon, total annual fuel savings would be $214,041 • Annual after retrofit heating fuel savings = 2,789 gallons • Total combined fuel savings compared to existing operations = 71,347 gallons • Total annual fuel savings in percentage = 35.3% • Wind energy in percentage of total generating system = 37.8% The project is in the final construction phase this summer season. It is anticipated to be fully operational in October 2008. 1 Based on the assumption that one Cummins engine will always carry a minimum load of 75kw. TDX personnel previously performed extensive load testing on the Cummins KTA 1150 engine in an effort to better understand fuel efficiency. Based on this test, TDX believes the 75 kw set point should be established as the minimum load on this engine. 19 Project Experience The Boeing Company, in support of Missile Defense Agency (MDA) Future Power Plant (FFP), Ft. Greely, AK • Value: $66,290,000 • Performance Period: 2007-2010 TDX Power was selected by The Boeing Company to assist with the design, construction and operations of a specialty power plant for the support of the Missile Defense Agency. The project includes the design participation with Black & Veatch with input on the power island, switch gear, and SCADA systems, and construction through commissioning of this 8 MW power plant. The power plant must meet force protection requirements including hardened shielding from Electronic Magnetic Pulse (EMP) for security reasons. The project is located in a remote sub-arctic environment with snow loads of approximately 10 feet, high winds and extreme temperature changes (frequently in the 30 to 50 below zero F) and an overall harsh environment. Process requirements include being compliant with Defense Contractor Management Agency (DCMA); Defense Contractor Audit Agency (DCAA) and providing program management using Earned Value Management Systems (EVMS) compliant processes. TDX Power has also invested in becoming ISO 9000 Compliant, and has hired a quality assurance and quality control team of experts. 20 Project Experience Nikolski, Aleutian Pribloff Island Association (APIA) • Value: $680,000 • Performance Period: 2006-2008 • Principal Party Involved: Karen Pletnikoff, Project Manager • Phone Number: (907) 276-2700 900 miles south west of Anchorage, towards the end of the Aleutian chain, the tiny community of Nikolski has been continuously inhabited for over 4,000 years. Logistics are extremely difficult in this community as there is no harbor and a small airstrip frequently inhabited by wild horses and reindeer. In 2007, TDX Power was hired to integrate a wind turbine into a relatively new diesel based power plant. TDX Power performed extensive analysis of the plant and community requirements and deployed a refurbished Vestas V15 wind turbine. TDX Power designed and implemented a new, state of the art tilt up tower procedure TDX Power is in the process of retrofitting and adding to the plant’s original control and switchgear lineup with plans to integrate the turbine and complete the project in 2008. Once complete, this project will reduce power costs by 50% and provide free thermal energy to two community facilities. 21 Project Experience Chakachamna Hydro Project • Value: Approximate;y$1,6 Billion ($2008 Dollars) • Performance Period: 2007-2018 • Principal Party Involved: TDX Power • Phone Number: (907) 278-2312 TDX Power has been granted a Federal Electric Regulator Commission (FERC) preliminary license to begin the development of the Chakachamna hydropower project. The project location is approximately 85 miles west of Anchorage and only 42 miles from the Chugach Electric Association (CEA) Beluga substation that feeds power to the “railbelt” grid system of South Central Alaska. The power potential of Chakachamna has been investigated for more than 60 years with the first studies conducted by the U.S. Geological Survey (USGS) in 1948 and published in a report entitled Report on Reconnaissance of Lake Chakachamna. Additional studies were carried out initially by the U.S. Bureau of Reclamation and later by the U.S. Army Corps of Engineers (USACE). Power potential from Chakachamna, depending on various development scenarios, ranges between 300 and 400 megawatts (MW) based on a 50% plant factor. More recently, TDX Power has been granted a preliminary permit by the FERC to evaluate the Chakachamna project. The total energy demand in the railbelt is approximately 5 billion kilowatt hours (KWH) annually. The market is served by six utilities, each with their own protected service territories that are regulated by the Regulatory Commission of Alaska (RCA). Four of the utilities are cooperatives, and two are municipally owned. The preponderance of electricity comes from natural gas-fired generation, but hydropower comprises approximately 20 percent of the total with coal and oil- fired generation providing the balance. The availability of natural gas as a feedstock for home heating and power generation is beginning to wane. Of the approximately 9 trillion cubic feet (TCF) of natural gas reserves found in the Cook Inlet area since the mid-1960s, less than 2 TCF remains, and most of that 22 has been committed. While this natural gas was previously priced below world market rates, it is now nearing Henry Hub levels. While Cook Inlet has historically been an exporter of liquefied natural gas (LNG), it is anticipated that it will become an LNG importer in the near future. Because of this chronic natural gas shortage, the electric utilities in the railbelt are looking for alternative sources of power generation. Some are pursuing coal- fired power plants while others are hoping for new discoveries of natural gas or an eventual in-state pipeline from the mammoth North Slope gas fields. Whether coal or natural gas; the future cost of electricity is expected to rise dramatically. Most of the utilities are looking to bring on new generation in the 2015 time frame, the approximate horizon in which Chakachamna could come on line. In addition to the existing utility load in the railbelt, future industrial loads may materialize as well. The largest such load could be that of the Pebble mining project on the west side of Cook Inlet. Although still in the feasibility stage, this large project is estimated to require as much as 400 MW of base load power alone, and perhaps another 200 MW for backup. The basic concept that appears to best balance economic and environmental considerations entails the interbasin transfer of water from Chakachamna Lake by way of a 10-mile hard-rock tunnel to an underground powerhouse that would discharge to the McArthur River. A small diversion dam, inlet structure, and fish passage facility would be located at the outlet of Lake Chakachamna. The total head would be approximately 1,000 feet, and the powerhouse elevation would be near sea level. It is estimated that the project could produce roughly 1.6 gigawatt hours (GWH) average annual energy from an installed capacity of 330 MW. Chakachamna Lake is roughly 15 miles long and is a result of deposits from the advance of the Barrier Glacier that flows down the southwest slope of Mount Spurr. There is presently no road access to either of the construction sites, and most of the land is owned by the State of Alaska. The project sits on the backside of Mount Spur, in an area that has gained recent attention for its geothermal potential. The streams of both the Chakachamna and McArthur drainage basins support five species of salmon as well as other resident freshwater fish. Bear, moose, wolves, lynx, coyote, and other furbearers and avian wildlife inhabit the area. Tyonek is the nearest community to the site and is located 38 miles distant on the west Cook Inlet coast. Extensive sub bituminous coal deposits in the general Beluga area are being actively considered for export. 23 Chakachamna hydropower is a major renewable resource that represents a significant opportunity for railbelt utilities or perhaps a large industrial customer. It is located on state land just 42 miles from an existing power substation that feeds 70 percent of the state’s population. Early reconnaissance grade studies by the Alaska Power Authority found the project to be economically feasible, but a more-detailed analysis needs to be performed to confirm these findings in today’s market and environment. 24 Project Experience Saint Paul Fuel System US Coast Guard • Value: $300,000 • Performance Period: 2008 • Principal Party Involved: Bob Deering, • Phone Number: (907) 463-2440 TDX Power is providing a turnkey, state of the art fuel supply and storage facility for critical search and rescue deployment on St. Paul Island. Based in the middle of the Bearing Sea fishing grounds, the US Coast Guard’s St. Paul Island Loran Station is home to the nation’s most extreme search and rescue team. US Coast Guard swimmers regularly brave the harsh, frozen waters of the Bering Sea while rescuing distressed fishing vessels from the crab and Pollock fleets. Fuel supply for the search and rescue helicopters is a critical requirement as the next nearest source is often several hours away. At the same time, maintaining high fuel quality standards in this remote location can be difficult given the fuel supply challenges. TDX Power is working with the USCG to design a state-of-the art fuel storage and supply station with comprehensive electronic quality and dispensing controls, overfill alarm functions and leak detection capabilities, specifically designed for St. Paul Island’s harsh sub-arctic, maritime environment. Facility installation will be complete in the summer of 2008, at which time the USCG will possess increased search rescue capabilities with expanded flight time capabilities for their helicopters. Included in this project are a comprehensive Operations and Procedures Manual as well as complete Spill Protection and Containment Plans. 25 Recent Quality Awards, Certifications and Letters of Appreciation Wind Power Pioneers Award, St. Paul Wind Diesel Power Plant TDX Power was recently awarded the Wind Power Pioneers award from the DOE through the National Renewable Energy Lab in Golden, Colorado. TDX was recognized for demonstrating leadership and excellence in the design and development of the world’s largest high penetration wind diesel plant. TDX was also commended for developing this remote project without grants or subsidies, demonstrating the commercial advancements of remote wind power generation. Letters of Appreciation The following are descriptions of a recent sampling of letters of appreciation sent to TDX by satisfied customers. • Norgasco Inc.,7/26/05, recognized TDX Power for reducing the cost of power and improving reliability at the Prudhoe Bay utility. Signed by Ed Bufkin, CEO. • City of Sand Point, 7/21/05, thanking TDX Power for contributions to the community, including efforts to reduce the cost of power through the introduction of wind power. Signed by Paul Day, Sand Point City Administrator. • NC Power Systems, 7/27/05, commending TDX Power for superior engineering and management in turning around a distressed asset in Deadhorse, Alaska. Signed by Vigo Anderson, Alaska Area Sales Manager. 26 References Company Contact Phone Address Services No. of Customers ASTAC Ralph Achenbach (907) 563-3989 4300 B Street Suite 500 Anchorage, AK Electric Utility Customer in Deadhorse 1,000 AIDEA Jim McMillan (907) 269-3000 813 West Northern Lights Blvd. Anchorage, AK 99503 Consultant to State Development and Financial institution Statewide City of Sand Point Paul Day (907) 274-7555 3380 C Street Suite 205 Anchorage, AK 99503 Municipal Government Customer 1,000 NREL Larry Flowers (303) 384-6910 1617 Cole Blvd. Golden, CO 80401-3393 This US DOE Energy lab is a partner on projects and conferences NA 27 Management Team TDX Power is managed by a highly experienced team of accomplished power industry professionals. Led by Bruce Levy, Nick Goodman, John Lyons and Paul Wiltse, TDX has unusual depth and expertise in every facet of the power generation field. From power system design to 24 hour operations to regulatory compliance, the TDX Power management team meets every challenge every day. High quality, least-cost operations and respectful customer service are not just words, they are TDX Power’s promise. TDX Power has a highly skilled, multi-disciplinary team of professionals with experience in project finance and development, corporate finance, and equipment procurement and packaging. The Operations Team has over 20 years experience with emergency standby plants as well as continuously operating base load facilities in locations ranging from urban centers to the middle of the Bering Sea. The TDX team of professionals include: Bruce Levy, President, is a 25 year energy industry veteran. A founder of TDX Power and a well known industry executive, Bruce has implemented a large variety of fossil fueled and renewable energy projects worldwide in association with many of the industry’s leading companies and financial institutions. He provides the Company’s strategic direction. Bruce focuses primarily on new business development, acquisitions and acquisition finance. Nick Goodman, CEO, is a highly regarded energy industry professional with a well established track record in traditional and renewable power systems design and development. Nick leads all of the daily activities of TDX Power. His primary focus is business development, customer relations, state and federal regulatory compliance, banking relationships, operations and maintenance. Frank Wright, Col. (ret.) Frank Wright is a West Point graduate with a BS in Engineering and PhD from the University of Colorado. He is a retired Air Force colonel who flew over 400 combat sorties in Vietnam. Wright has had an accomplished, post-military career in the government and energy sectors. After serving on the policy staff of the Secretary of Defense and heading the International Negotiations Office of the Joint Chiefs of Staff, Wright was a 28 member of Pennsylvania governor Dick Thornburg’s cabinet as head of Policy and Planning. Wright was also a member of the faculty at both West Point and the Air Force Academy. Entering the energy field in the late 1980’s after directing the construction of a billion dollar convention center in Philadelphia, Frank Wright was responsible for the Engineering and Construction division of O’Brien Energy Systems, one of the first publicly owned independent power companies in the U.S. He managed the design, construction and operations of 18 O’Brien domestic and international energy plants. Wright later became the COO of Target Energy and Planergy, both major subsidiaries of Houston based Falcon Seaboard. He then, in 2001, became President of Amp Resources; a leader in renewable energy production which was recently acquired by Enel SpA, the world’s third largest utility. During his tenure with Amp, Wright managed the development, design and construction of four geothermal plants in the western United States, ranging in size from 16 to 40 MW. Paul Wiltse, Chief Financial Officer, is a seasoned veteran of the government contracting arena and the associated financial components. Prior to joining TDX, Paul spent many years with Lockheed Martin and L-3 Communications, overseeing financial management and acquisitions. Paul is the chief architect of TDX Corp.'s shared services model and is responsible for all accounting and financial functions for the company. Robert Guarini, PE, has over 30 years experience in the design, construction and operation of utility scale power plants. Widely recognized as an industry leader in the design of electrical systems and controls, Mr. Guarini oversees all equipment design and installation functions for TDX Power. 29