Renewable PlusA Green Energy Alternative

Market Trends Wind Costs Falling

Turbine prices are 60 to 70% of wind project costs

Market Trends CT Gas Steady

=$15/MWhr at 100% usage, = $30 /MWhr @ 50% capacity factor

Solar Continues to Fall

The Solution

We need to configure the right combination for Customer needs. For example…

Capital $/MW

Variable

Cost

/MWhr

Fuel

$/MWhr

20 Year Avg

Cost/Whr

Capacity

Factor %

Blended

Cost /

MWhr

Wind 1,400,000.00$ 10.00$ 0 46.00$ 40% 45% 18.40$

Gas 750,000.00$ 11.00$ 36.00$ 79.00$ 50% 50% 39.50$

Solar 4,200,000.00$ 10.00$ 0 172.50$ 30% 5% 8.63$

66.53$

The Solution – Price Hedging Lower Risk Vs Combined Cycle

$-

$20.00

$40.00

$60.00

$80.00

$100.00

$120.00

$140.00

$3.00 $4.00 $5.00 $6.00 $7.00 $8.00 $9.00

Hybrid

CC

Fuel Price

$/MMBTU

Hybrid

Plant

Wind/CT

Combined

Cycle %

3.00$ 71.75$ 68.27$ -4.85

4.00$ 76.36$ 77.49$ 1.48

5.00$ 80.97$ 86.70$ 7.08

6.00$ 85.57$ 95.92$ 12.09

7.00$ 90.18$ 105.13$ 16.58

8.00$ $ 94.79 $ 114.35 20.63

9.00$ 99.40$ 123.56$ 24.31