Competitive Power Ventures, Inc. - Energy Highway

More documents

Recommendations

Info

CPV VALLEY ENERGY CENTER 3.) Asset Management – CPV’s asset management portfolio consists of over 4,200 MW of operating natural gas-fired generation assets in North America, with an additional 800MW in construction. CPV’s asset management division also manages the construction and startup for CPV’s thermal and renewable energy projects. CPV’s management and development team has extensive experience in the New York energy markets. Members of CPV’s senior management team were responsible for the development of the Athens Generation Facility (1,080 MW combined-cycle located in Athens, New York), which was one of the first power projects permitted under New York’s former Article X power plant siting law. CPV currently manages the Athens Generating facility. CPV continues to build on this track record and experience with the successful development of the CPV Valley Energy Center in Orange County New York. This experience in navigating challenging permitting regimes has led to CPV Valley becoming one of the state’s first power projects approved under New York’s State Environmental Quality Review Act (SEQRA) with a local board acting as Lead Agency. Recent achievements of CPV include the following: 2012 2011 2010 • CPV Valley Energy Center concludes SEQRA with the Town of Wawayanda Planning Board unanimously passing a resolution adopting its Findings Statement for the CPV Valley Energy Center. • CPV’s St. Charles Energy Center project was awarded a long-term contract resulting from a competitive state sponsored solicitation process in Maryland. • Financed $263 million for CPV’s 166 MW CPV Cimarron wind facility, which through a competitive procurement process was awarded a 20-year PPA with TVA. • Financed $800 million for the CPV Sentinel (728 MW) gas-fired generation facility, which through a competitive procurement process was awarded a 10-year PPA with Southern California Edison and is currently under construction. • Project Financial International and Project Finance Magazine recognized the financing of CPV Sentinel as the “Americas Power Deal of the Year” and “Single Asset Deal of the Year”, respectively. • The CPV Woodbridge Energy Center project was selected out of 31 proposals by the New Jersey Board of Public Utilities as one of three electric generating projects awarded contracts for its output. • Financed and constructed $230 million for CPV’s 252 MW CPV Keenan wind facility, which through a competitive procurement process was awarded a 20-year PPA with Oklahoma Gas & Electric Co. 2.0 Project Description 2.1 Overview of the CPV Valley Energy Center The proposed CPV Valley Energy Center is a nominally rated 650 MW combined-cycle facility located in the Town of Wawayanda, Orange County, NY. The Project is comprised of two (2) F-class gas turbines and one (1) steam turbine. This highly efficient configuration will operate primarily on natural gas, to be supplied through the Millennium Pipeline, but will also be capable of operating on ultra-low sulfur diesel (ULSD) as a backup fuel. The Project is electrically located within the New York Independent System Operator’s (NYISO) Zone G, and will interconnect to New York Power Authority’s (NYPA) 345kV electric transmission line (Line 42) between the Coopers Corners and Rock Tavern New York Energy Highway 3 | P age
CPV VALLEY ENERGY CENTER substations. A rendering of CPV Valley along with a more detailed project description is provided in Appendix A – Project Description.) Transmission Enhanced Option - In addition to the CPV Valley Energy Center, CPV can provide a “Transmission Enhanced Option”. This is a transmission upgrade that uses economies of scale to oversize the transmission upgrades beyond what is required for CPV Valley’s capacity deliverability to further increase transmission capability over existing lines and lower congestion costs in the Lower Hudson Valley and New York City. Specifically, the Transmission Enhanced Option is based on increasing the amount of series compensation on the Leeds-Hurley transmission line beyond what is required for CPV Valley’s interconnection. The Transmission Enhanced Option increases the transfer capability across the UPNY-SENY interface by approximately 450 MW. The benefit of this solution is an opportunity to build on CPV Valley’s ratepayer benefits at a low incremental cost by increasing the capability and utilization of its existing transmission system to enhance system reliability and access to upstate renewable and conventional generation. This is a “no regrets” opportunity for the New York ratepayers as this option can be in service sooner than a new transmission line can be constructed and would complement future transmission system reinforcements. 2.2 Project Capability The Project, based on NYISO analysis, will be capable of producing and delivering approximately 680 MW (peak output during summer conditions) of capacity and energy at the point of interconnection at NYPA’s Marcy South 345kV line. The Project has progressed through the NYISO interconnection study process and is currently in the Facilities Study phase, which is the next to last step in the NYISO interconnection process before the execution of an Interconnection Agreement. In addition to the output of the Valley Energy Center, the Transmission Enhanced Option discussed above would provide an additional 450 MW of transmission transfer capability at the UPNY-SENY interface, and therefore, 450 MW of additional flow on the system allowing existing “bottled” generation upstate to flow to the downstate area. 2.3 Project Location The proposed CPV Valley Energy Center is located on a large undeveloped 122 acre site, but will only use approximately 21 acres of the site. The remaining portion of the property will remain undeveloped land to provide significant buffer from abutting property owners. The project site is located in the Town of Wawayanda, Orange County, New York. The broader 122 acre site parcel is bounded by Interstate-84 (I-84) to the south, Route 17M on the east, and Route 6 to the north and west. Portions of the 122 acre site were used previously for agricultural purposes, while other portions are wooded. The property is currently zoned Mixed Commercial and the development of power generation facility is permitted via a special use permit. From an electrical perspective, CPV Valley is located in Zone G of the NYISO’s electrical zones. Please refer to Appendix B – Site Location and Maps, which contains a map and aerial view of the project site, as well as, a map showing CPV Valley’s location in Zone G. 2.4 Fuel Source and Availability CPV Valley is a dual fuel capable facility. The Project is designed to operate predominately on safe clean natural gas, as well as, fuel oil for reliability purposes, which is critical for the long-term reliability of the New York energy system. The primary fuel source, natural gas, is readily available from the Millennium Pipeline. In 2010, CPV entered into a commercial agreement with Millennium Pipeline LLC (“Millennium”) to provide the natural gas connection from the existing Millennium pipeline to the Project. While there will be new construction associated with the lateral connecting the Project to the Millennium pipeline, there will be no major infrastructure upgrades required to provide natural gas to the Project. The construction of the lateral and CPV’s firm transportation service through Millennium provides for a stable supply of natural gas to fuel the Project. With the New York Energy Highway 4 | P age
Page 1 and 2: THE CPV VALLEY ENERGY CENTER
Page 3 and 4: Table of Contents 5.4 Potential Dec
Page 5: CPV VALLEY ENERGY CENTER B. REQUIRE
Page 9 and 10: CPV VALLEY ENERGY CENTER The ratepa
Page 11 and 12: CPV VALLEY ENERGY CENTER Generation
Page 13 and 14: 2011 Facilities Study, the Project
Page 15 and 16: CPV VALLEY ENERGY CENTER Marcy Sout
Page 17 and 18: CPV VALLEY ENERGY CENTER report pre
Page 19 and 20: CPV VALLEY ENERGY CENTER The Final
Page 21 and 22: CPV VALLEY ENERGY CENTER Financial
Page 23 and 24: CPV VALLEY ENERGY CENTER settings.
Page 25 and 26: Appendix A Project Description The
Page 27 and 28: Appendix B CPV Valley Energy Center
Page 29 and 30: Appendix B CPV Valley - NYISO Zone
Page 31 and 32: ID Task Name 1 CPV Valley Energy Ce
Page 33 and 34: Appendix E Point of Electrical Inte
Page 35 and 36: TABLE OF CONTENTS ACRONYMS 1.0 EXEC
Page 37 and 38: 4.0 CULTURAL RESOURCES.............
Page 39 and 40: 7.4.1.3 Secondary Economic Impact D
Page 41 and 42: 9.2.5.3 Availability and Certificat
Page 43 and 44: 11.3.5.3 Water/Wastewater Interconn
Page 45 and 46: 12.6.7 Oil and Chemical Use during
Page 47 and 48: 16.0 COMMUNITY CHARACTER ..........
Page 49 and 50: 19.8.1.1 “G” Class Turbines ...
Page 51 and 52: Table 7-17 Environmental Justice Da
Page 53 and 54: Table 12-5E Estimated Average Chang
Page 55 and 56: List of Figures Figure 1-1 Figure 1
Page 57 and 58:
Figure 8-9 Figure 8-10 Figure 8-11
Page 59 and 60:
10.0 NOISE 10-A CPV Valley Energy C
Page 61 and 62:
FINAL ENVIRONMENTAL IMPACT STATEMEN
Page 63 and 64:
TABLES Table 1-1 SEQRA Milestones .
Page 65:
Appendix G Letters of Support New Y
Page 73:
WHEREAS, the Project has adhered to
Page 77 and 78:
Board of Directors Resolution #0512
Page 81 and 82:
New York State Laborers'-Employers'
Page 85 and 86:
05/21/2012 16:56 4012727456 LIUNA R
Page 87 and 88:
5151 San Felipe, Suite 2500 Houston
show all

Competitive Power Ventures, Inc. - Energy Highway

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?