Transcript Mark McDaniels - Southern California Energy Summit

CPV Sentinel Energy Project
Ensuring Electric Reliability and
Supporting Renewable Energy Expansion
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April 2011
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June 2012
Scale: 1,000’
CPV Sentinel
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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
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Five years in the making
Construction began June
2011
70 percent complete
410,133 man-hours
worked
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1,400 people hired
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340 workers on site
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Why a Peaking Power Facility?
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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
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Pure private stimulus
 $900 private investment in California
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Generates new local revenues
 $25 million in sales tax
 $5 million in annual property tax
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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
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@CPVEnergy on Twitter
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Mark McDaniels
[email protected]
Visit our booth in the
back of the room
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