1 siting, real estate and interconnection issues for wind projects tim conboy iped financing...

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Siting, Real Estate and Interconnection Issues for

Wind Projects

Tim ConboyIPED Financing Windpower

May 8, 2008

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Outline

• Introduction

• Development Process

• Siting

• Real Estate

• Interconnection

• Summary

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Wind• Long-term developer, owner & operator• Manufacture AW-1500 1.5 MW wind turbine generator• #1 globally in project development (4,690 MW/175 projects)• Own/operate 3,465 MW of wind generation

Thermal & PV Solar – develop, own & operate projectsSmall Hydro – own & operate in SpainBiomass – 1st straw-fired plant in southern EuropeBiofuels – biodiesel and bioethanol production facilities

Acciona Energy

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Development Process

Preliminary Investigation

Local Government Consultation

EnvironmentalImpact Studies

TransmissionInterconnection

Wind Resource Measurement

Land Access

Permitting

Project Financing

Preliminary Design & Engineering

Final Design & Engineering

Power Marketing

Critical Issues Analysis

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Siting

• Wind resource• Compatible land• Nearby transmission• No undue environmental

impacts

• Power market• Local government &

community interest

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Real Estate

Wind energy lease• Payment – calculation (gross

revenues)• Landowners without turbines• Assignment – consents• Actual location of facilities• Hunting rights

Transmission interconnection• Obtaining adequate ROW• Use of existing ROW

Land control - as a solution • Setbacks, noise• Mitigation efforts (wetlands, avian)

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Interconnection

• Land Control• Competition• Curtailment• Equipment Selection• Interconnection

Agreement

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Summary

• Development Process

• Siting

• Real Estate

• Interconnection