Prabhu Gnanam gave an update on ERCOT’s Independent Review of the South Plains Project. Q: (Jeff Muir, Macquarie Capital): On slide 6, is this saying that the 14% is going to be viewed as the annual production cost savings or are we at the 14.9%? A: (Prabhu Gnanam, ERCOT): We are at 14% when we make the decision. Generation Observations Jeff Billo shared general observations from the past six months. Q: On slide 2, any sense of how many of these requests are duplicates? A: (Prabhu Gnanam, ERCOT): We do not have that information, however there are developers that send in multiple requests on the same day. Q: We have seen a couple projects related to wind where existing wind developers have added storage capabilities at their wind facilities. Have we seen any interconnection applications that would be a solar plus batteries? A: (Jeff Billo, ERCOT): We cannot disclose that information. Wind Turbine Technology Improvements Swaraj Jammalamadaka from APEX Clean Energy presented on wind turbine technology evolution, performance trends, and power curves and capacity factor improvements. Q: (Clayton Greer, Morgan Stanley): Were you going to try and factor in a bluff effect? A: (Swaraj Jammalamadaka, APEX Clean Energy): I do not think that is a correction representation of performance over a year, because that would show extreme variations.
Prabhu Gnanam gave an update on ERCOT’s Independent Review of the South Plains Project. Q: (Jeff Muir, Macquarie Capital): On slide 6, is this saying that the 14% is going to be viewed as the annual production cost savings or are we at the 14.9%? A: (Prabhu Gnanam, ERCOT): We are at 14% when we make the decision. Generation Observations Jeff Billo shared general observations from the past six months. Q: On slide 2, any sense of how many of these requests are duplicates? A: (Prabhu Gnanam, ERCOT): We do not have that information, however there are developers that send in multiple requests on the same day. Q: We have seen a couple projects related to wind where existing wind developers have added storage capabilities at their wind facilities. Have we seen any interconnection applications that would be a solar plus batteries? A: (Jeff Billo, ERCOT): We cannot disclose that information. Wind Turbine Technology Improvements Swaraj Jammalamadaka from APEX Clean Energy presented on wind turbine technology evolution, performance trends, and power curves and capacity factor improvements. Q: (Clayton Greer, Morgan Stanley): Were you going to try and factor in a bluff effect? A: (Swaraj Jammalamadaka, APEX Clean Energy): I do not think that is a correction representation of performance over a year, because that would show extreme variations.
October_19_RPG_Notes.docx