glendale scppa ppa

Since I have asked and not been told that this is meant to be confidential, here it is. This is the (freely available on the web) PPA for Glendale, one of the southern Californian local authorities involved in the SCPPA PPA with EVM. They are planning to off-take 6% of the electricity generated by La Paz tower 1. The way I read it, the total nameplate output of 200 MW has been estimated at 101 MW (giving a capacity factor of 50.5%), for planning purposes. They are expecting 63% and the tower must guarantee at least 48% capacity factor to meet the terms of the PPA. Since EVM quotes a 60% capacity factor one would hope this would be easily achievable.

Other interesting points:

o the point of connection to the grid (for Glendale) is identified as "Marketplace 500 kV Substation or McCullough 500 kV Substation located in the vicinity of Boulder City, Nevada"
o the off-take price is "$95.50/MWh for the first 15 years, increasing by $1.00/MWh each year thereafter"
o the PPA is over 30 years
o "It is anticipated that SCPPA's cost for energy from the Project over a 30-year period will approximate $1.664 billion." (I believe that is a levelised cost in today's dollars.)
o "Glendale's average annual cost for the expected output of 66,225 MWh is estimated to be $6.6 million per year, amounting to approximately $198 million over 30 years. Accordingly, this purchase will reduce the annual requirement for "spot market" purchases by 66,225 MWh for the duration of the PSA."
o start of construction milestone date is July 1, 2012

The way the power is shared out between the different SCPPA municipalities is:

"The PSAs set forth the SCPPA participant shares for a total of 101 MW as follows:
• Glendale - 12 MW or six percent of the Project (the entire Project of 200 MW)
• Burbank - 27 MW or 13.5 percent of the Project
• Pasadena - Ten MW or five percent of the Project
• Azusa - Two MW or one percent of the Project
• Anaheim - Ten MW or five percent of the Project
• Riverside - 25 MW or 12.5 percent of the Project
• liD -15 MW or 7.5 percent of the Project"

Anyway, its a fascinating read...

http://www.ci.glendale.ca.us/government/council_packets/Reports_010411/CC_7a_010411.pdf

(I am assuming this has not been posted here before.)