White Creek Wind Project
Upcoming SlideShare
Loading in...5
×
 

White Creek Wind Project

on

  • 2,098 views

 

Statistics

Views

Total Views
2,098
Views on SlideShare
2,088
Embed Views
10

Actions

Likes
0
Downloads
4
Comments
0

3 Embeds 10

http://www.slideee.com 5
http://www.slideshare.net 4
http://www.cleanenergyresourceteams.org 1

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

White Creek Wind Project White Creek Wind Project Presentation Transcript

  • White Creek Wind Project Tom Svendsen Retired General Manager Klickitat PUD Community –Based Energy Development CERTs February 10, 2009 Saint Cloud, Minnesota
  • Renewable Portfolio Standards RENEWABLE RESOURCES: Wind, Solar, Wave, Tidal, Ocean Thermal, Geothermal, Biomass, Biodiesel Fuel, Landfill Gas
  • WASHINGTON Energy Independence Act RCW 19.285 Requires Large Utilities (those serving more than 25,000 customers) to obtain a portion of electricity from renewable resources. 3% by 2012 9% by 2016 12% by 2020
  • OREGON Renewable Energy Act ORS 261 Requires Large Utilities (those selling more than 3% of all electricity sold to retail consumers) to obtain a portion of electricity from renewable resources. 5% by 2011 15% by 2015 20% by 2020 25% by 2025
  • Tanner Electric Cooperative Lakeview Light & Power Cowlitz PUD White Creek Wind Project Klickitat PUD
  • Project Description Locale: 10,000 acres under lease in Klickitat County near Roosevelt, Washington on the north side of the Columbia River. Habitat for coyotes, deer, porcupines, badgers and rattlesnakes….. and wind turbines!
  • Capacity: • 205 MW; annual average output of 68MW • Sufficient for energizing 38,000 homes Turbines: • 89 Siemens 2.3MW wind turbines • Tower height - 263 ft. • Tower base diameter - 16 ft. • Blade length - 150 ft. • Ground to highest blade tip - 415 ft. • Nacelle - 90 tons • Cone - 5 tons
  • Construction Statistics: • 15 months • 14 contractors/subcontractors performed the work • 250 employees • 300 cubic yards of concrete for each turbine foundation • Excavation depth to 25 ft. for soil foundations beneath concrete • Improvements to 11 miles of county road and one state highway intersection • 33 miles of fiber optic and electrical cable • 14 miles of transmission line • 2 substations totaling 1800MW capacity • $1.5 million operation and maintenance building Cost: $364,000,000.
  • Project Development, Financing & Completion Project Development Team White Creek Project LLC White Creek Public LLC Lakeview Power & Light Tanner Electric Cooperative Cowlitz PUD Klickitat PUD
  • How Did We Do It? Involved: 11 Law Firms 13 Financial Institutions 7 Financial Advisors 5 Engineering, Environmental & Permitting Firms 14 Construction-Related Contractors 5 Land Owners
  • Documents 26 Federal, State and County Permits 623 Certificates relating to mechanical, electrical, foundations, completion and commissioning of each power plant 457 Contracts and related documents at closing
  • Development Process Corporate and financial complexity was a significant challenge • Structural: PUDs and Co-Ops with statutory limitations • Financial: Utility balance sheets, debt structure and rating, bonding capability, project output to load vs. resale • Management Utility General Managers o Boards of Commissioners o Law Firms o Financial Advisors o
  • Siemens Power Institutional Construction Generation, Inc. Investors Lender Loan/Security Agreements Turbine Service Agreement Equity Contribution Agreement Service & Maintenance Agreement Klickitat PUD RES America BPA BOP Contract Construction, Inc. Interconnection Agreements WHITE CREEK WIND I, LLC Prudential, Lehman, Summit O&M Agreement North American Energy Services Energy Purchase Agreement Asset Purchase Option Agreement Parent Corporate Guaranties Stand-by Turbine Purchase & Sale Agreement Cowlitz PUD Lakeview Klickitat PUD Klickitat PUD Tanner LL&P Wind Cowlitz PUD Energy, Inc. Tanner Wind Energy, Inc.
  • Tom Svendsen Retired General Manager Klickitat PUD tsvendsen@gorge.net