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www.cpvsentinel.com CPV Sentinel Energy Project Ensuring Electric Reliability and Supporting Renewable Energy Expansion
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www.cpvsentinel.com April 2011June 2012 Scale: 1,000 ’
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www.cpvsentinel.com CPV Sentinel 800 MW* natural gas-fired peaking power generating facility Located north of I10, near Desert Hot Springs Under construction; completion scheduled for August, 2013 Long-term power purchase agreement (PPA) with Southern California Edison *1MW supports approximately 1,000 homes
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Construction Progress Five years in the making Construction began June 2011 70 percent complete 410,133 man-hours worked 1,400 people hired 340 workers on site 5
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Why a Peaking Power Facility? Grid operators use a mix of base, intermediate and peaking plants to maintain the supply/demand balance of the grid Peaking power facilities ensure electric reliability and support renewable energy CPV Sentinel: Runs only when needed most (hot days) Starts and stops quickly (10 minutes) Backstops intermittent renewables (it is not always windy or sunny)
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Economic Benefits Pure private stimulus $900 private investment in California Generates new local revenues $25 million in sales tax $5 million in annual property tax Creates new jobs 350 new construction jobs, $40 million payroll More than 380 indirect jobs during construction, $15 million in additional payroll $14 permanent jobs, $1.3 million payroll
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Active Community Involvement
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Continue the Discussion www.cpvsentinel.com www.cpvsentinel.com @CPVEnergy on Twitter Mark McDaniels mmcdaniels@cpv.com mmcdaniels@cpv.com Visit our booth in the back of the room 13
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