SlideServe
Menu
Préférences
© SlideServe · v2026

Joint Ownership

heman avatar
14 diapositives · 465 Views · Sep 24, 2014

Joint Ownership. Raj Rao, President Indiana Municipal Power Agency APPA Joint Action Workshop January 10, 2006. Joint Ownership. Existing Ownership Gibson #5 Coal-fired Generation (625 MW) 24.55% Ownership (156 MW) Trimble County Unit 1 Coal-fired Generation (528 MW)

Joint Ownership - slide 1
01 / 14Joint Ownership
1 / 17

Télécharger la présentation

Joint Ownership
Une image / un lien ci-dessous est fourni (tel quel) pour télécharger la présentation

Politique de téléchargement : le contenu du site vous est fourni TEL QUEL pour votre information et votre usage personnel ; il ne peut être vendu, concédé sous licence ni partagé sur d’autres sites sans l’accord de son auteur.Le contenu vous est fourni TEL QUEL, pour votre information et votre usage personnel uniquement. Téléchargez la présentation en cliquant sur ce lien. Lors du téléchargement, si vous ne parvenez pas à télécharger une présentation, l’éditeur a peut-être supprimé le fichier de son serveur.Pendant le téléchargement, si vous ne parvenez pas à obtenir une présentation, le fichier a peut-être été supprimé par l’éditeur.

F I N

Plus de contenu associé

Transcription de la présentation
  1. Joint Ownership Raj Rao, President Indiana Municipal Power Agency APPA Joint Action Workshop January 10, 2006 Indiana Municipal Power Agency

  2. Joint Ownership Existing Ownership • Gibson #5 • Coal-fired Generation (625 MW) • 24.55% Ownership (156 MW) • Trimble County Unit 1 • Coal-fired Generation (528 MW) • 12.88% Ownership (68 MW) Indiana Municipal Power Agency

  3. Joint Ownership • Benefits • Economies of Scale • Experienced Operator • Tax Exempt Financing Indiana Municipal Power Agency

  4. Joint Ownership • Cons • Majority Owner and Operator Makes the Decisions • Limited Control • Accounting issues on allocations Indiana Municipal Power Agency

  5. Joint Ownership Proposed Projects • Trimble County Unit #2 • Coal-fired • 750 MW • IMPA (12.88%) IMEA (12.12%) LG&E (75%) • Commercial in 2010 Indiana Municipal Power Agency

  6. Joint Ownership Proposed Projects • Prairie State Generation • Coal-fired • 1,650 MW • Mine Mouth • Coal Reserves • Ownership of Coal Mine Indiana Municipal Power Agency

  7. U.S. Average 1970 U.S. Average 2003 IllinoisAverage 2003 Clean Air Interstate Rule 2015 Clean Air Interstate Rule 2010 Prairie State Permit Environmental Performance Prairie State’s emissions will be one-fifth the U.S. coal plant average 4.37 1.08 0.97 0.75 0.37 0.39 0.30 0.26 0.182 0.16 0.12 0.07 *2003 estimated. Source: Environmental Protection Agency (EPA) National Air Pollutant Emission Trends; EIA Annual Review 2002 (October 2003). Indiana Municipal Power Agency

  8. Joint Ownership • Prairie State Generation • Peabody Coal Company • Investor Owned Utility • CCS (Illinois) (G&T) • Wolverine (Michigan) (G&T) • IMPA (Indiana) • KMPA (Kentucky) • MJMEUC (Missouri) • NIMPA (Illinois) • WPPI (Wisconsin) Indiana Municipal Power Agency

  9. Joint Ownership • Prairie State Generation • 60% Public Power (Muni & REMC) • 40% IOU and Merchant Indiana Municipal Power Agency

  10. Joint Ownership • Due diligence investigation of design • Relationships with other partners and with lead partner • Rights to future additions of generation Indiana Municipal Power Agency

  11. Development Period • Development period costs • EPC contract negotiation • Pricing changes between participation and development phases • Methods to monitor progress of project • Proactive approach to public relations Indiana Municipal Power Agency

  12. Development Period • Environmental permitting hurdles • Recordkeeping from day one • Cancellation penalties • Protection of confidential information • Insurance decision (Contractor or owner provided) Indiana Municipal Power Agency

  13. Construction And Ongoing Operations • Level of representation and monitoring during construction • Backup power supply plans for the non-firm resource • Capital and O&M budget monitoring, invoice review and audits Indiana Municipal Power Agency

  14. Construction And Ongoing Operations • Emission allowances allocation and air quality systems performance • Capital cost exposure due to changing environmental regulations • A&G cost increase exposure and control Indiana Municipal Power Agency