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Competitive Power Ventures, Inc. - Energy Highway

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CPV VALLEY ENERGY CENTER<br />

permits were not able to be issued. With SEQRA now complete, the other state permits are now able<br />

to be issued.<br />

The Project submitted a Full Environmental Assessment Form (EAF) on March 10, 2008, formally<br />

commencing the permitting process. Since that time, the Project has achieved many milestones and<br />

advanced the permitting of the Project to a point where it is now nearing completion. A complete list<br />

of permits and approvals, as well as their status can be provided upon request; however, the<br />

following is a brief summary of the key permits, approvals and their status.<br />

5.1 New York State Environmental Quality Review Act<br />

CPV Valley completed the NY SEQRA process earlier this month. CPV Valley began the SEQRA process<br />

on March 10, 2008 with the submittal of the EAF, and has advanced through the process with the<br />

Town of Wawayanda Planning Board acting as Lead Agency. Most recently on May 23, 2012, the Lead<br />

Agency passed a unanimous board resolution adopting the Findings Statement for the CPV Valley<br />

<strong>Energy</strong> Center. This was the final step in the SEQRA process and allows other state entities to issue<br />

their respective permits associated with the Project.<br />

5.2 Air Permit<br />

CPV Valley is subject to the Clean Air Act’s requirement for a Prevention of Significant Deterioration<br />

(PSD) permit review. The Project submitted an application for regulatory agency review in conjunction<br />

with the Federal and State PSD and non-attainment new source review requirements and process.<br />

The New York State Department of Environmental Conservation (DEC) is reviewing the application as<br />

the Environmental Protection Agency (EPA) has delegated DEC the responsibility for reviewing and<br />

administering permits in the State of New York. DEC is currently in the process of drafting the air<br />

permit.<br />

5.3 Wetlands Permit<br />

CPV Valley has submitted an application for a Joint Wetlands Permit to the DEC and the U.S. Army<br />

Corps of Engineers (ACOE). On May 9, 2012 the ACOE determined the application to be complete and<br />

commenced the 45 day review period. The DEC has completed the review of their portion of the<br />

application and has drafted the permit, which is expected to be issued by the DEC shortly.<br />

Great effort was taken in the design and layout of the facility to minimize impacts to wetlands. As a<br />

result, the Project will have a permanent impact less than 0.50 acres; therefore only a Nationwide<br />

Permit is required.<br />

5.4 Certificate of Public Convenience and Necessity<br />

On November 14, 2010, CPV Valley filed a Petition with the New York PSC for approval of a lightened<br />

regulatory regime and financing in connection with a natural gas electric generating facility and was<br />

assigned case number 10-E-0501. On November 24, 2010 the New York PSC issued a notice under<br />

New York's Administrative Procedures Act, calling for public comments on CPV's Petition. The public<br />

comment period was open for forty-five (45) days and closed on January 10, 2011 without any<br />

comments. CPV Valley has provided a supplement to the PSC, highlighting aspects of the project that<br />

are more defined than they were at the time of the November 14, 2010 submittal. Upon issuance of<br />

the Findings Statement by the Lead Agency under SEQRA, the PSC will be in a position to issue their<br />

Findings Statement related to the Petition.<br />

5.5 New York Independent System Operator Interconnect Process<br />

CPV Valley submitted an Interconnection Application to the NYISO on July 5, 2007 and was assigned<br />

queue position #251. CPV Valley has completed the Feasibility Study, System Reliability Impact Study<br />

and the Facilities Study as a member of Class Year 2009. The Project subsequently entered Class Year<br />

2011, which is the current Facilities Study underway at the NYISO. Upon completion of the Class Year<br />

New York <strong>Energy</strong> <strong>Highway</strong><br />

9 | P age

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