greta s grand valley wind farm contributing to ontario s energy future n.
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Greta’s Grand Valley Wind Farm Contributing to Ontario’s Energy Future

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Greta’s Grand Valley Wind Farm Contributing to Ontario’s Energy Future

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Greta’s Grand Valley Wind Farm Contributing to Ontario’s Energy Future

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  1. Greta’s Grand ValleyWind FarmContributing to Ontario’s Energy Future March, 2012 Greta Energy Inc

  2. Ontario’s Electricity Market at a Glance 1 2 3 • World-class legislative environment for wind power • Anticipated growth in wind energy supply • Large & integrated electric system • Green Energy and Green Economy Act (GEA) includes • streamlined approval process for wind projects • Guaranteed Feed-in Tarrif (FIT) of $135/MWh • Clear legislation and responsive government eliminate bureaucratic roadblocks vis-à-vis other markets • While wind accounted for only 1.9% of total electric output in 2010, the Independent Electricity System Operator anticipates the GEA will accelerate the expansion of wind energy by thousands of megawatts • Over 500 MW of additional installed capacity under development • Ontario is Canada’s largest producer and consumer of electricity with over 38 GW of installed capacity • Large peak consumer demand and integration with hydro supply favor additional wind production SOURCE: IESO

  3. Proposed Wind Farm • 19.8 MW Installed capacity in Phase I and II (Up to 40 MW in Phase III) • 10 km north of the town of Grand Valley and 21 km northwest of the town of Orangeville • Relatively simple terrain with gentle slopes and elevation ranging between 470-490m

  4. Grand Valley Project Overview Phase 1 Phase 3 19.8 MW Capacity Up to 40 MW Turbine Selection Siemens SWT-2.3-101 2.3 MW Next steps Anticipated Commercial Operation Date: April 5, 2012 • New land acquisition (signing option to lease agreements)

  5. Project Status Overview Assessment Planning and Approvals Project completion

  6. Project Status Details Land Control • Option to Lease agreements are fully executed with nine landowners for Phase 1&2 • Phase 3 is in the land acquisition stage. • Phases 1&2 of the project have obtained Connection Impact Assessment (CIA) approvals for Vestas V90 turbines • CIA revisions currently being obtained for Siemens SWT-2.3-101 turbines • Phase 1 has entered into a Connection Cost Agreement with Hydro One Networks Inc, the Local Distribution Company; Phase 2 will also shortly • Two met towers in close proximity to proposed turbine locations collected wind data from 2005-2008. • All significant environmental approvals and milestones completed for Phase I and II • It is anticipated that a significant amount of the environmental studies completed for Phase 1&2 can be applied towards obtaining a Renewable Energy Approval (REA) for Phase 3 • Garrad Hassan was contracted to create the optimal turbine layout, taking into account noise setbacks and other constraints Grid Connection Wind Measurement Environmental Approvals Turbine Layout