1. 1 Renewable Energy in the Northwest: Wind Energy Presented By Stephen C. Hall STOEL RIVES LLP Journal of Environmental Law and Litigation Symposium University of Oregon School of Law October 10, 2008

2. 2 Benefits of Wind Energy Clean, renewable Predictable costs Economic benefits to rural communities Low impact on the environment Green collar jobs Abundant resource Displaces thermal generation

3. 3 Fact Sheet: Total U.S. Wind Generation 1985—1000 MW 1999—2000 MW 2003—5000 MW 2006—10,000 MW 2008—20,000 MW

4. 4 Source: AWEA Wind Energy Association (www.awea.org)

5. 5 Creating Electricity from the Wind Wind turbine Rotor Shaft Nacelle Gearbox Generator Transformer Collection point Substation Transmission lines Load

6. 6 Fact Sheet: A Utility Scale Wind Turbine 120-foot blades 240-foot rotor 240-foot tower Power production: 1.8 MW (1800 kilowatts) Installed cost: ~$1.5 million Life of project: 25 years

7. 7 Policy and Economic Incentives Federal and state tax credits/incentives Renewable Portfolio Standards Carbon policy; e.g., cap and trade

8. 8 Challenges for Wind Transmission Wildlife issues Aesthetics Wind integration

9. 9 Meet the Players in a Typical Wind Project Developer Landowner Utility Contractors Equipment manufacturers Investors/lenders

10. 10 What is the Role of Lawyers in Developing Wind Energy? Site control Interconnection agreements Permitting/siting Regulatory approvals Power purchase agreements Equipment procurement agreements Construction and O&M agreements Tax law Corporate structuring Project finance/debt

11. 11 To order any of our “Law of” books, please contact: Stephen C. Hall * 503.294.9625 * schall@stoel.com * www.stoel.com