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Gaelectric North America

Gaelectric North America. Northwest Power and Conservation Council Missoula Meeting January 12, 2011. How does wind compare to other resources?. From NWPCC 6 th Resource Plan. Economic Reality of Operating Projects. Job Creation (shown in man-years):. Taxes:

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Gaelectric North America

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  1. Gaelectric North America Northwest Power and Conservation Council Missoula Meeting January 12, 2011

  2. How does wind compare to other resources? From NWPCC 6th Resource Plan

  3. Economic Reality of Operating Projects Job Creation (shown in man-years): • Taxes: • Glacier Wind 1&2 will contribute roughly $3.6 million for taxes in 2010 • Increase tax base for funding local public projects

  4. Economic Reality of Operating Projects • Wheatland Cty Tax Revenue                 > $ 5,000,000 to date • Judith Gap --12 full time employees         = $ 3,000,000 payroll • Royalties to MT Landowners                       >$  2,200,000 to date • Montana Const Jobs/Work (~200)     >$18,000,00 • Total Economic Benefit over 5 years: Over $28,000,000 and counting! • Per Department of Energy • For each 1000 MW of wind generation in Montana: • $14.8 million in tax revenue • $2.7 million in royalty payments • 271 new long term jobs w/$21.1 million payroll

  5. Gaelectric Impacts ≈ $1 Million in Annual Payroll in MONTANA Doesn’t include payments to contractors Nothing built yet in America! Harlowton Project Alone Our most advanced project ≈ $1 Billion in investment What was the last investment in MT ≥ $1 Billion? At least 3X that in our pipeline

  6. Gaelectric Project Sites Liberty Tiger Ridge Coutts ≈ 280,000 acres under long term lease options ≈ 3,000 MW of wind generation potential. ≈ $6 Billion investment potential Havre Cut Bank Fort Benton Frenchman’s Ridge Great Falls Geyser Roy Lewistown Missoula Lennep Harlowton Helena Butte Kelly Hills Billings

  7. Common Misinformation Wind is wind! Montana’s is no different than any other state’s wind!

  8. Comparison to Annual BPA Wind & Load Shape Peak Load Months Surplus Hydro Months

  9. Comparison to Daily BPA Wind & Load Shape

  10. We planned to sell into the Pacific Northwest Seattle area 460 MW BPA Network BPA Network 500 MW Green Line Mid-C 500 MW NWE 460 MW Trans Svc Request Deposits: $3.4 million BPA Open Season Deposits: $15.0 million Primary Transmission Point of Integration Primary Point of Delivery Delivery Alternatives

  11. Bonneville Open Season Reality Check BPA Network BPA Network Mid-C Garrison • Only 300-650 MW of “non-wires” capacity attainable • BPA won’t build a new line at embedded rates

  12. Reality Check!!! Little of this will be possible without new transmission for gathering and export to market.

  13. The Transmission Rate Fable • The cost of new transmission will be charged to • native load!

  14. Possible Sources for the Transmission Rate Fable FERC’s rejection of NWE’s rate proposal for MSTI NWE asked for a separate tariff FERC said use existing tariff Confusion over what a “tariff” is FERC’s Proposed Cost Allocation Rule Allocate costs to beneficiaries FERC’s Acceptance of MISO filing MISO proposing to over-build a 765 kV system Will accommodate new load and resources Wall Street Journal Editorial

  15. Questions?

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