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Sources of generation, may be co-located, or may be located at different locations (i.e. multiple injection points allowed). However, energy storage, if any, shall mandatorily be co-located with at least one of the RE sources As of October 2021, all re:power employees are required to show evidence that they are fully “up-to-date”* with their COVID-19 vaccinations.re:power will consider requests for reasonable accommodations, as required by law. Employees requesting accommodations due to a medical reason, or because of a sincerely held religious belief, must submit a completed Request for Accommodation application form. We are independent, ambitious and family-run, and pride ourselves on providing the best products from leading market players at competitive prices We work towards our vision by offering training and strategic support to leaders and organizations across the progressive ecosystem. Our programming is designed to capture the full spectrum of leaders: the newly activated/newly politicized, the deeply engaged and committed, those who are seeing a values-aligned community and those who are ready to step into becoming the trainer themselves. Wheelabrator Kemsley Generating Station (K3) and Wheelabrator Kemsley North (WKN) Waste to Energy Facility

Dogger Bank Teesside A / Sofia Offshore Wind Farm (formerly Dogger Bank Teesside B) – Project previously known as Dogger Bank Teesside A&B There would be single part tariff with a 3% annual escalation for 15 years after which it would be constant. is a significantly high value and hence unless ways are found to monetise it, the project (with installed capacity 5-6 times higher than contracted capacity) will not be viable. Let us assume that if all the unconstrained generation from the entire project capacity is sold at a tariff of Rs 2.6/kWh (comparable to the present discovered price for wind and solar power), the project would be financially sustainable. But we know from the winning bid, that the RTC power (area under the orange line) would be sold at a levelised tariff of Rs 3.6/kWh. Hence all the excess generation, on an average needs to garner a price of at least Rs 1.81/kWh to make the project financially viable. 4 As we have seen earlier, different combinations of wind and solar with their unique generation profiles may result in different levels of excess generation. The table below shows what price would be needed if the excess generation is lower at 45% or 35%.

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While hybrid RE projects without storage are capable of delivering 40-50% annual CUF (which is significantly better than individual wind/solar projects), there is a need to critically examine whether we need to jump directly from 40-50% to an onerous requirement of RTC (100%) with a minimum of 80%. We did some sensitivity analysis in this regard with the same methodology as described above. If instead of the minimum conditions of 80% annual CUF and 70% monthly CUF, we relax it to 60% annual and 50% monthly minimums, we see that 800 MW of wind and 400 MW of solar is sufficient instead of the 1500 MW and 850 in the base case. This halves the excess from 56% to 27% as well as the required market price for excess generation from Rs 1.81/kWh to 0.96/kWh. However, the annual CUF only reduces by 15% from 88% to 75% which is valuable to the procurer and is likely to significantly reduce the discovered price, given the low excess generation. The details of the sensitivity analysis are available in the accompanying slides. Next, based on this understanding of the monthly and time-wise distribution of the excess generation, we discuss possible sources of revenue / sales avenues for this energy.

Due to our requirements for travel and commitment to gathering, re:power also has a duty to provide and maintain a workplace free of known hazards. With this in mind, re:power has adopted a COVID-19 vaccination policy to safeguard the health of its employees, their families, our partnersand visitors, and the community at large from the risk of exposure.We may be small, but our vision is big! With more product categories and models coming soon, we plan to offer the best range of electrical goods without compromising on quality. Tim Walz, elected to represent Minnesota's 1st congressional district in 2006, was the progressive training program's first successful candidate at the federal level. [4] Mark Ritchie, Minnesota's former Secretary of State, is a Wellstone Action alum. [1] For not meeting the 70% monthly minimum CUF requirement, a compensation for the shortfall in energy supply, calculated at the PPA tariff applicable for the corresponding Contract Year will be levied.

Selling excess energy on the market: Finally, the developer could sell the excess generation on the market, which is explicitly allowed as per the RFS. We did some further analysis for this option. We have already seen that all the excess generation needs to garner a price of Rs 1.81/kWh to make the project financially viable. Further, as noted above, 30% of the excess energy is within the morning and evening peak hours. If this is valued at the same RTC discovered rate of Rs 3.6/kWh, then the balance of excess energy only needs a market price of Rs 1.03/kWh as opposed to Rs 1.81/kWh. While there is certainly a risk of getting such a price over 25 years, especially with falling wind and solar prices, this could be a potential option to generate additional revenue.

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The load duration curve of the unconstrained generation and constrained generation (to 400 MW) is shown in figure 2. It shows that for 71% of the time in the year, the project can in fact deliver the entire 400 MWs. The area between the orange line (generation capped at 400 MW) and the blue line (unconstrained generation from 1500 MW wind and 850 MW solar) represents the ‘excess generation’ over and above the contracted capacity of 400 MW. The excess generation is quite high, at 56% of the total unconstrained generation from the combined wind and solar capacity. In short, it is akin to a large scale RE (wind-solar) project at Rs 2.6/kWh, but with multiple PPAs wherein sale price is differentiated according to value – higher price for more reliable supply and lower price for more variable supply.