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Www.cpvsentinel.com CPV Sentinel Energy Project Ensuring Electric Reliability and Supporting Renewable Energy Expansion.

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Presentation on theme: "Www.cpvsentinel.com CPV Sentinel Energy Project Ensuring Electric Reliability and Supporting Renewable Energy Expansion."— Presentation transcript:

1 www.cpvsentinel.com CPV Sentinel Energy Project Ensuring Electric Reliability and Supporting Renewable Energy Expansion

2 www.cpvsentinel.com April 2011June 2012 Scale: 1,000 ’

3 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

4 www.cpvsentinel.com 4

5 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

6 www.cpvsentinel.com 6

7 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)

8 www.cpvsentinel.com 8

9 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

10 www.cpvsentinel.com

11 Active Community Involvement

12 www.cpvsentinel.com

13 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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