Preliminary Results Total Capital Investments, Fixed and Variable O&M Costs Performance Data

Transcription

1 Preliminary Results Total Capital Investments, Fixed and Variable O&M Costs Performance Data Appendix for Presentation Lummus Consultants International, Inc. A World of Solutions TM

2 Total Capital Investments A World of Solutions TM 1

3 A World of Solutions TM 2 2x0 GE LMS100PA+, Dual Fuel All Zones EPC Cost Components K - Long Island J - NYC 2x0 LMS100PA+, Dual Fuel, with SCR G - Hudson Valley (Dutchess) G - Hudson Valley (Rockland) F - Capital C - Central Equipment Equipment $122,818,000 $124,677,000 $122,818,000 $122,818,000 $122,818,000 $122,818,000 Spare Parts (note 1) $629,000 $629,000 $629,000 $629,000 $629,000 $629,000 Subtotal $123,447,000 $125,306,000 $123,447,000 $123,447,000 $123,447,000 $123,447,000 Construction Construction Labor & Materials $92,463,000 $97,969,000 $68,847,000 $70,633,000 $58,879,000 $56,146,000 Plant Switchyard $5,390,000 $8,608,000 $5,390,000 $5,390,000 $5,390,000 $5,390,000 Electrical Interconnection & Deliverability (note 2) $10,500,000 $13,700,000 $10,600,000 $10,600,000 $10,100,000 $10,100,000 Gas Interconnect & Reinforcement (note 3) $15,600,000 $15,600,000 $15,600,000 $15,600,000 $15,600,000 $15,600,000 Site Prep (note 2) $4,252,000 $7,904,000 $3,459,000 $3,614,000 $2,908,000 $2,908,000 Engineering & Design $6,104,000 $6,104,000 $6,104,000 $6,104,000 $6,104,000 $6,104,000 Construction Mgmt. / Field Engr. $3,199,000 $3,312,000 $2,742,000 $2,742,000 $2,742,000 $2,742,000 Subtotal $137,508,000 $153,197,000 $112,742,000 $114,683,000 $101,723,000 $98,990,000 Startup & Testing Startup & Training $2,895,000 $2,895,000 $2,895,000 $2,895,000 $2,895,000 $2,895,000 Testing Subtotal $2,895,000 $2,895,000 $2,895,000 $2,895,000 $2,895,000 $2,895,000 Contingency $17,119,000 $18,155,000 $15,324,000 $15,464,000 $14,564,000 $14,367,000 Subtotal - EPC Costs $280,969,000 $299,553,000 $254,408,000 $256,489,000 $242,629,000 $239,699,000 EPC Costs for Single Fuel $262,968,000 $279,945,000 $237,151,000 $239,168,000 $225,436,000 $222,590,000 Decreased EPC for Gas Only ($million) $18.0 $19.6 $17.3 $17.3 $17.2 $17.1 Non-EPC Cost Components Owner's Costs Permitting $2,810,000 $2,996,000 $2,544,000 $2,565,000 $2,426,000 $2,397,000 Legal $2,810,000 $2,996,000 $2,544,000 $2,565,000 $2,426,000 $2,397,000 Owner's Project Mgmt. & Misc. Engr. $4,215,000 $4,493,000 $3,816,000 $3,847,000 $3,639,000 $3,595,000 Fuel Oil Testing $746,000 $746,000 $746,000 $746,000 $746,000 $746,000 Social Justice $562,000 $2,696,000 $509,000 $513,000 $485,000 $479,000 Owner's Development Costs $8,429,000 $8,987,000 $7,632,000 $7,695,000 $7,279,000 $7,191,000 Financing Fees $5,619,000 $5,991,000 $5,088,000 $5,130,000 $4,853,000 $4,794,000 Studies (Fin, Env, Market, Interconnect) $1,405,000 $1,498,000 $1,272,000 $1,282,000 $1,213,000 $1,198,000 Emission Reduction Credits $281,000 $281,000 $0 $281,000 $0 $0 Subtotal $26,877,000 $30,684,000 $24,151,000 $24,624,000 $23,067,000 $22,797,000 Financing (incl. AFUDC, IDC) EPC Portion $17,678,000 $18,397,000 $16,007,000 $16,138,000 $15,266,000 $15,081,000 Non-EPC Portion $1,691,000 $1,885,000 $1,520,000 $1,549,000 $1,451,000 $1,434,000 Working Capital and Non-Fuel Inventories $2,810,000 $2,996,000 $2,544,000 $2,565,000 $2,426,000 $2,397,000 Fuel Inventory $2,505,000 $2,505,000 $2,505,000 $2,505,000 $2,505,000 $2,505,000 Subtotal - Non-EPC Costs $51,561,000 $56,467,000 $46,727,000 $47,381,000 $44,715,000 $44,214,000 Total Capital Investment $332,530,000 $356,020,000 $301,135,000 $303,870,000 $287,344,000 $283,913,000 Note 1: Lummus assumes combustion turbine spare parts are included in Long Term Service Agreement with OEM Note 2: Lummus escalated 2013 DCR 2.5%/yr Note 3: Lummus assumed 4 mile gas lateral required

4 A World of Solutions TM 3 1x0 Siemens SGT6-5000F5, Dual Fuel All Zones EPC Cost Components K - Long Island 1x0 Siemens 5000F5, Dual Fuel, with SCR G - Hudson G - Hudson J - NYC Valley Valley F - Capital C - Central Equipment Equipment $81,082,000 $81,742,000 $81,082,000 $81,082,000 $81,082,000 $81,082,000 Spare Parts (note 1) $424,000 $424,000 $424,000 $424,000 $424,000 $424,000 Subtotal $81,506,000 $82,166,000 $81,506,000 $81,506,000 $81,506,000 $81,506,000 Construction Construction Labor & Materials $84,797,000 $89,802,000 $63,163,000 $64,789,000 $53,176,000 $50,821,000 Plant Switchyard $2,218,000 $3,608,000 $2,218,000 $2,218,000 $2,218,000 $2,218,000 Electrical Interconnection & Deliverability (note 2) $10,478,000 $13,658,000 $10,578,000 $10,578,000 $10,079,000 $10,079,000 Gas Interconnect & Reinforcement (note 3) $15,600,000 $15,600,000 $15,600,000 $15,600,000 $15,600,000 $15,600,000 Site Prep (note 2) $3,468,000 $6,446,000 $2,821,000 $2,948,000 $2,428,000 $2,313,000 Engineering & Design $5,800,000 $5,800,000 $5,800,000 $5,800,000 $5,800,000 $5,800,000 Construction Mgmt. / Field Engr. $2,968,000 $3,073,000 $2,544,000 $2,544,000 $2,507,000 $2,507,000 Subtotal $125,329,000 $137,987,000 $102,724,000 $104,477,000 $91,808,000 $89,338,000 Startup & Testing Startup & Training $2,895,000 $2,895,000 $2,895,000 $2,895,000 $2,895,000 $2,895,000 Testing Subtotal $2,895,000 $2,895,000 $2,895,000 $2,895,000 $2,895,000 $2,895,000 Contingency $13,228,000 $13,960,000 $11,589,000 $11,715,000 $10,837,000 $10,659,000 Subtotal - EPC Costs $222,958,000 $237,008,000 $198,714,000 $200,593,000 $187,046,000 $184,398,000 EPC - Single Fuel (G-Dutchess, F, and C no SCR) $199,546,000 $213,328,000 $154,666,000 $178,757,000 $145,247,000 $143,052,000 Decreased EPC for Gas Only ($million) $23.4 $23.7 $44.0 $21.8 $41.8 $41.3 Non-EPC Cost Components Owner's Costs Permitting $2,230,000 $2,370,000 $1,987,000 $2,006,000 $1,870,000 $1,844,000 Legal $2,230,000 $2,370,000 $1,987,000 $2,006,000 $1,870,000 $1,844,000 Owner's Project Mgmt. & Misc. Engr. $3,344,000 $3,555,000 $2,981,000 $3,009,000 $2,806,000 $2,766,000 Fuel Oil Testing $931,000 $931,000 $931,000 $931,000 $931,000 $931,000 Social Justice $446,000 $2,133,000 $397,000 $401,000 $374,000 $369,000 Owner's Development Costs $6,689,000 $7,110,000 $5,961,000 $6,018,000 $5,611,000 $5,532,000 Financing Fees $4,459,000 $4,740,000 $3,974,000 $4,012,000 $3,741,000 $3,688,000 Studies (Fin, Env, Market, Interconnect) $1,115,000 $1,185,000 $994,000 $1,003,000 $935,000 $922,000 Emission Reduction Credits $328,000 $328,000 $0 $328,000 $0 $0 Subtotal $21,772,000 $24,722,000 $19,212,000 $19,714,000 $18,138,000 $17,896,000 Financing (incl. AFUDC, IDC) EPC Portion $20,124,000 $20,874,000 $17,936,000 $18,105,000 $16,883,000 $16,644,000 Non-EPC Portion $1,965,000 $2,177,000 $1,734,000 $1,779,000 $1,637,000 $1,615,000 Working Capital and Non-Fuel Inventories $2,230,000 $2,370,000 $1,987,000 $2,006,000 $1,870,000 $1,844,000 Fuel Inventory $3,129,000 $3,129,000 $3,129,000 $3,129,000 $3,129,000 $3,129,000 Subtotal - Non-EPC Costs $49,220,000 $53,272,000 $43,998,000 $44,733,000 $41,657,000 $41,128,000 Total Capital Investment $272,178,000 $290,280,000 $242,712,000 $245,326,000 $228,703,000 $225,526,000 Note 1: Lummus assumes combustion turbine spare parts are included in Long Term Service Agreement with OEM Note 2: Lummus escalated 2013 DCR 2.5%/yr Note 3: Lummus assumed 4 mile gas lateral required

5 A World of Solutions TM 4 12x0 Wartsila 18V50DF, Dual Fuel All Zones EPC Cost Components K - Long Island 12x0 Wartsila 18V50DF, Dual Fuel, with SCR G - Hudson G - Hudson J - NYC Valley Valley F - Capital C - Central Equipment Equipment $126,883,000 $126,883,000 $126,883,000 $126,883,000 $126,883,000 $126,883,000 Spare Parts (note 1) $2,322,000 $2,322,000 $2,322,000 $2,322,000 $2,322,000 $2,322,000 Subtotal $129,205,000 $129,205,000 $129,205,000 $129,205,000 $129,205,000 $129,205,000 Construction Construction Labor & Materials $152,650,000 $159,216,000 $118,109,000 $120,043,000 $103,699,000 $96,747,000 Plant Switchyard $2,218,000 $3,608,000 $2,218,000 $2,218,000 $2,218,000 $2,218,000 Electrical Interconnection & Deliverability (note 2) $10,500,000 $13,700,000 $10,600,000 $10,600,000 $10,100,000 $10,100,000 Gas Interconnect & Reinforcement (note 3) $15,600,000 $15,600,000 $15,600,000 $15,600,000 $15,600,000 $15,600,000 Site Prep (note 4) $4,252,000 $7,904,000 $3,459,000 $3,614,000 $2,908,000 $3,717,000 Engineering & Design $5,940,000 $5,940,000 $5,940,000 $5,940,000 $5,940,000 $5,940,000 Construction Mgmt. / Field Engr. $2,145,000 $2,222,000 $1,838,000 $1,838,000 $1,838,000 $1,838,000 Subtotal $193,305,000 $208,190,000 $157,764,000 $159,853,000 $142,303,000 $136,160,000 Startup & Testing Startup & Training $1,731,000 $1,731,000 $1,731,000 $1,731,000 $1,731,000 $1,731,000 Testing Subtotal $1,731,000 $1,731,000 $1,731,000 $1,731,000 $1,731,000 $1,731,000 Contingency $21,356,000 $22,200,000 $18,783,000 $18,934,000 $17,703,000 $17,260,000 Subtotal - EPC Costs $345,597,000 $361,326,000 $307,483,000 $309,723,000 $290,942,000 $284,356,000 EPC Costs for Single Fuel $311,520,000 $326,923,000 $274,889,000 $277,022,000 $258,957,000 $255,872,000 Decreased EPC for Gas Only ($million) $34.1 $34.4 $32.6 $32.7 $32.0 $28.5 Non-EPC Cost Components Owner's Costs Permitting $3,456,000 $3,613,000 $3,075,000 $3,097,000 $2,909,000 $2,844,000 Legal $3,456,000 $3,613,000 $3,075,000 $3,097,000 $2,909,000 $2,844,000 Owner's Project Mgmt. & Misc. Engr. $5,184,000 $5,420,000 $4,612,000 $4,646,000 $4,364,000 $4,265,000 Fuel Oil Testing $702,000 $702,000 $702,000 $702,000 $702,000 $702,000 Social Justice $691,000 $3,252,000 $615,000 $619,000 $582,000 $569,000 Owner's Development Costs $10,368,000 $10,840,000 $9,224,000 $9,292,000 $8,728,000 $8,531,000 Financing Fees $6,912,000 $7,227,000 $6,150,000 $6,194,000 $5,819,000 $5,687,000 Studies (Fin, Env, Market, Interconnect) $1,728,000 $1,807,000 $1,537,000 $1,549,000 $1,455,000 $1,422,000 Emission Reduction Credits $981,000 $981,000 $220,000 $981,000 $220,000 $220,000 Subtotal $33,478,000 $37,455,000 $29,210,000 $30,177,000 $27,688,000 $27,084,000 Financing (incl. AFUDC, IDC) EPC Portion $30,643,000 $31,262,000 $27,264,000 $27,463,000 $25,797,000 $25,213,000 Non-EPC Portion $2,968,000 $3,241,000 $2,590,000 $2,676,000 $2,455,000 $2,401,000 Working Capital and Non-Fuel Inventories $3,456,000 $3,613,000 $3,075,000 $3,097,000 $2,909,000 $2,844,000 Fuel Inventory $2,360,000 $2,360,000 $2,360,000 $2,360,000 $2,360,000 $2,360,000 Subtotal - Non-EPC Costs $72,905,000 $77,931,000 $64,499,000 $65,773,000 $61,209,000 $59,902,000 Total Capital Investment $418,502,000 $439,257,000 $371,982,000 $375,496,000 $352,151,000 $344,258,000 Note 1: Lummus assumes combustion turbine spare parts are included in Long Term Service Agreement with OEM Note 2: Lummus escalated 2013 DCR 2.5%/yr Note 3: Lummus assumed 4 mile gas lateral required Note 4: Lummus did not use 2013 DCR site prep cost for recip engine plant since the site prep cost for the engine plant is similar to the 2x LMS100 plant.

6 A World of Solutions TM 5 1x1x1 Siemens STG6-5000F5 CC, Dual Fuel All Zones EPC Cost Components K - Long Island J - NYC 1x1x1 5000F5 CC, Dual Fuel G - Hudson G - Hudson Valley Valley F - Capital C - Central Equipment Equipment $152,808,000 $153,468,000 $152,808,000 $152,808,000 $152,808,000 $137,947,000 Spare Parts (note 1) $1,875,000 $1,875,000 $1,875,000 $1,875,000 $1,875,000 $1,875,000 Subtotal $154,683,000 $155,343,000 $154,683,000 $154,683,000 $154,683,000 $139,822,000 Construction Construction Labor & Materials $303,824,000 $321,285,000 $223,057,000 $228,404,000 $188,005,000 $172,702,000 Plant Switchyard $6,230,000 $6,230,000 $6,230,000 $6,230,000 $6,230,000 $6,230,000 Electrical Interconnection & Deliverability (note 2) $10,500,000 $13,700,000 $10,600,000 $10,600,000 $10,100,000 $10,100,000 Gas Interconnect & Reinforcement (note 3) $15,600,000 $15,600,000 $15,600,000 $15,600,000 $15,600,000 $15,600,000 Site Prep (note 2) $7,982,000 $16,590,000 $6,460,000 $6,750,000 $5,660,000 $5,690,000 Engineering & Design $26,000,000 $26,000,000 $26,000,000 $26,000,000 $26,000,000 $26,000,000 Construction Mgmt. / Field Engr. $9,264,000 $9,594,000 $7,940,000 $7,940,000 $7,940,000 $7,359,000 Subtotal $379,400,000 $408,999,000 $295,887,000 $301,524,000 $259,535,000 $243,681,000 Startup & Testing Startup & Training $10,600,000 $10,600,000 $10,600,000 $10,600,000 $10,600,000 $10,600,000 Testing Subtotal $10,600,000 $10,600,000 $10,600,000 $10,600,000 $10,600,000 $10,600,000 Contingency $37,303,000 $39,257,000 $31,267,000 $31,674,000 $28,679,000 $26,461,000 Subtotal - EPC Costs $581,986,000 $614,199,000 $492,437,000 $498,481,000 $453,497,000 $420,564,000 EPC Costs for Single Fuel $555,595,000 $587,629,000 $467,348,000 $473,363,000 $428,986,000 $396,208,000 Decreased EPC for Gas Only ($million) $26.4 $26.6 $25.1 $25.1 $24.5 $24.4 Non-EPC Cost Components Owner's Costs Permitting $5,820,000 $6,142,000 $4,924,000 $4,985,000 $4,535,000 $4,206,000 Legal $5,820,000 $6,142,000 $4,924,000 $4,985,000 $4,535,000 $4,206,000 Owner's Project Mgmt. & Misc. Engr. $8,730,000 $9,213,000 $7,387,000 $7,477,000 $6,802,000 $6,308,000 Fuel Oil Testing $1,270,000 $1,270,000 $1,270,000 $1,270,000 $1,270,000 $1,270,000 Social Justice $1,164,000 $5,528,000 $985,000 $997,000 $907,000 $841,000 Owner's Development Costs $17,460,000 $18,426,000 $14,773,000 $14,954,000 $13,605,000 $12,617,000 Financing Fees $11,640,000 $12,284,000 $9,849,000 $9,970,000 $9,070,000 $8,411,000 Studies (Fin, Env, Market, Interconnect) $2,910,000 $3,071,000 $2,462,000 $2,492,000 $2,267,000 $2,103,000 Emission Reduction Credits $545,000 $545,000 $0 $545,000 $0 $0 Subtotal $55,359,000 $62,621,000 $46,574,000 $47,675,000 $42,991,000 $39,962,000 Financing (incl. AFUDC, IDC) EPC Portion $61,846,000 $63,674,000 $52,330,000 $52,972,000 $48,192,000 $44,692,000 Non-EPC Portion $5,883,000 $6,492,000 $4,949,000 $5,066,000 $4,569,000 $4,247,000 Working Capital and Non-Fuel Inventories $5,820,000 $6,142,000 $4,924,000 $4,985,000 $4,535,000 $4,206,000 Fuel Inventory $3,414,000 $3,414,000 $3,414,000 $3,414,000 $3,414,000 $3,414,000 Subtotal - Non-EPC Costs $132,322,000 $142,343,000 $112,191,000 $114,112,000 $103,701,000 $96,521,000 Total Capital Investment $714,308,000 $756,542,000 $604,628,000 $612,593,000 $557,198,000 $517,085,000 Note 1: Lummus assumes combustion turbine spare parts are included in Long Term Service Agreement with OEM Note 2: Lummus escalated 2013 DCR 2.5%/yr Note 3: Lummus assumed 4 mile gas lateral required

7 A World of Solutions TM 6 1x1x1 Siemens SGT6-8000H CC, Dual Fuel All Zones EPC Cost Components K - Long Island J - NYC 1x1x1 8000H CC, Dual Fuel G - Hudson G - Hudson Valley Valley F - Capital C - Central Equipment Equipment $168,178,000 $169,378,000 $168,178,000 $168,178,000 $168,178,000 $151,782,000 Spare Parts (note 1) $1,948,000 $1,948,000 $1,948,000 $1,948,000 $1,948,000 $1,948,000 Subtotal $170,126,000 $171,326,000 $170,126,000 $170,126,000 $170,126,000 $153,730,000 Construction Construction Labor & Materials $316,783,000 $335,037,000 $232,524,000 $238,994,000 $195,988,000 $179,543,000 Plant Switchyard $6,853,000 $6,853,000 $6,853,000 $6,853,000 $6,853,000 $6,853,000 Electrical Interconnection & Deliverability (note 2) $10,500,000 $13,700,000 $13,700,000 $10,600,000 $10,100,000 $10,100,000 Gas Interconnect & Reinforcement (note 3) $15,600,000 $15,600,000 $15,600,000 $15,600,000 $15,600,000 $15,600,000 Site Prep (note 2) $8,780,000 $17,390,000 $7,106,000 $7,425,000 $6,226,000 $6,259,000 Engineering & Design $26,000,000 $26,000,000 $26,000,000 $26,000,000 $26,000,000 $26,000,000 Construction Mgmt. / Field Engr. $9,427,000 $9,763,000 $8,081,000 $8,081,000 $8,081,000 $7,439,000 Subtotal $393,943,000 $424,343,000 $309,864,000 $313,553,000 $268,848,000 $251,794,000 Startup & Testing Startup & Training $10,750,000 $10,750,000 $10,750,000 $10,750,000 $10,750,000 $10,750,000 Testing Subtotal $10,750,000 $10,750,000 $10,750,000 $10,750,000 $10,750,000 $10,750,000 Contingency $39,474,000 $41,524,000 $33,173,000 $33,663,000 $30,471,000 $28,057,000 Subtotal - EPC Costs $614,293,000 $647,943,000 $523,913,000 $528,092,000 $480,195,000 $444,331,000 EPC Costs for Single Fuel $587,001,000 $620,432,000 $494,870,000 $502,104,000 $454,850,000 $419,150,000 Decreased EPC for Gas Only ($million) $27.3 $27.5 $29.0 $26.0 $25.3 $25.2 Non-EPC Cost Components Owner's Costs Permitting $6,143,000 $6,479,000 $5,239,000 $5,281,000 $4,802,000 $4,443,000 Legal $6,143,000 $6,479,000 $5,239,000 $5,281,000 $4,802,000 $4,443,000 Owner's Project Mgmt. & Misc. Engr. $9,214,000 $9,719,000 $7,859,000 $7,921,000 $7,203,000 $6,665,000 Fuel Oil Testing $1,259,000 $1,259,000 $1,259,000 $1,259,000 $1,259,000 $1,259,000 Social Justice $1,229,000 $5,831,000 $1,048,000 $1,056,000 $960,000 $889,000 Owner's Development Costs $18,429,000 $19,438,000 $15,717,000 $15,843,000 $14,406,000 $13,330,000 Financing Fees $12,286,000 $12,959,000 $10,478,000 $10,562,000 $9,604,000 $8,887,000 Studies (Fin, Env, Market, Interconnect) $3,071,000 $3,240,000 $2,620,000 $2,640,000 $2,401,000 $2,222,000 Emission Reduction Credits $653,000 $653,000 $231,000 $653,000 $231,000 $231,000 Subtotal $58,427,000 $66,057,000 $49,690,000 $50,496,000 $45,668,000 $42,369,000 Financing (incl. AFUDC, IDC) EPC Portion $65,279,000 $67,172,000 $55,675,000 $56,119,000 $51,029,000 $47,218,000 Non-EPC Portion $6,209,000 $6,848,000 $5,280,000 $5,366,000 $4,853,000 $4,502,000 Working Capital and Non-Fuel Inventories $6,143,000 $6,479,000 $5,239,000 $5,281,000 $4,802,000 $4,443,000 Fuel Inventory $3,383,000 $3,383,000 $3,383,000 $3,383,000 $3,383,000 $3,383,000 Subtotal - Non-EPC Costs $139,441,000 $149,939,000 $119,267,000 $120,645,000 $109,735,000 $101,915,000 Total Capital Investment $753,734,000 $797,882,000 $643,180,000 $648,737,000 $589,930,000 $546,246,000 Note 1: Lummus assumes combustion turbine spare parts are included in Long Term Service Agreement with OEM Note 2: Lummus escalated 2013 DCR 2.5%/yr Note 3: Lummus assumed 4 mile gas lateral required

8 A World of Solutions 7 Fixed and Variable O&M Costs Performance Data Note: Performance and cost data for multi-unit plants are on a per unit basis

9 A World of Solutions 8 2x0 GE LMS100PA+ Dual Fuel All Zones 2x0 LMS100PA+ Dual Fuel All Zones J - NYC G - LHV G - LHV K - Long Island Item Units F - Capital C - Central Performance Values (per unit) Net Plant Capacity, Degraded Net Plant Capacity - Summer MW Net Plant Capacity - Winter MW DMNC Summer MW DMNC Winter MW DMNC ICAP MW Net Plant Heat Rate (HHV basis), Degraded Net Plant Heat Rate - Summer Btu/kWh 9,190 9,270 9,200 9,200 9,190 9,180 Net Plant Heat Rate - Winter Btu/kWh 8,960 9,020 9,010 9,010 9,010 9,010 Net Plant Heat Rate - DMNC Summer Btu/kWh 9,260 9,320 9,260 9,260 9,260 9,260 Net Plant Heat Rate - DMNC Winter Btu/kWh 8,950 9,040 9,010 9,010 9,010 9,010 Net Plant Heat Rate - DMNC ICAP Btu/kWh 9,260 9,320 9,260 9,260 9,260 9,260 Natural Gas Emission Rates - Summer NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 110, , , , , ,000 Natural Gas Emission Rates - Winter NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 114, , , , , ,000 ULSD Emission Rates - Winter NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 158, , , , , ,000 Other Performance Values (per unit) Fuel Required per Start MMBtu/Start Can startup in time for 10-minute nonspinning reserve? Yes/No Yes Yes Yes Yes Yes Yes EFORd outage rate % 2.2% 2.2% 2.2% 2.2% 2.2% 2.2% Fixed and Variable O&M Costs (per unit) Fixed O&M and Site Leasing Costs $/kw-year $38.7 $120 $34.9 $35.2 $31.8 $31.1 Variable Cost per Hour - NG Firing $/MWh $5.4 $5.4 $5.3 $5.3 $5.2 $5.2 Variable Cost per Hour - ULSD Firing $/MWh $9.2 $9.3 $9.0 $9.1 $8.8 $8.8 Variable Cost per Start $/Start n/a n/a n/a n/a n/a n/a Note: Fixed O&M ($/kw-yr) based on DMNC ICAP capacity value The FO&M Values indicated here include insurance and property taxes.

10 A World of Solutions 9 Item 1x0 Siemens STG6-5000F5, Dual Fuel All Zones Units K - Long Island 1x0 Siemens 5000F5, Dual Fuel All Zones J - NYC G - LHV G - LHV F - Capital C - Central note: Siemens 5000F5 is designed to minimize ambient temperature impact on output; Performance Values (per unit) machine reaches mechanical limit at 59F- lower ambient temerature does not increase output Net Plant Capacity, Degraded Net Plant Capacity - Summer MW Net Plant Capacity - Winter MW DMNC Summer MW DMNC Winter MW DMNC ICAP MW Net Plant Heat Rate (HHV basis), Degraded Net Plant Heat Rate - Summer Btu/kWh 10,210 10,280 10,240 10,240 10,200 10,190 Net Plant Heat Rate - Winter Btu/kWh 9,980 10,050 9,980 9,980 9,970 9,960 Net Plant Heat Rate - DMNC Summer Btu/kWh 10,210 10,300 10,240 10,250 10,230 10,220 Net Plant Heat Rate - DMNC Winter Btu/kWh 9,990 10,050 9,980 9,980 9,980 9,970 Net Plant Heat Rate - DMNC ICAP Btu/kWh 10,310 10,380 10,300 10,300 10,310 10,310 Natural Gas Emission Rates - Summer NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 272, , , , , ,000 Natural Gas Emission Rates - Winter NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 270, , , , , ,000 ULSD Emission Rates - Winter NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 376, , , , , ,000 Other Performance Values (per unit) Fuel Required per Start (fast start - 11 min. full load) MMBtu/Start Fuel Required per Start (regular start - 28 min. to full load) MMBtu/Start Can startup in time for 10-minute nonspinning reserve? Yes/No No No No No No No EFORd outage rate % 2.2% 2.2% 2.2% 2.2% 2.2% 2.2% Fixed and Variable O&M Costs (per unit) Fixed O&M and Site Leasing Costs $/kw-year $24.0 $24.5 Variable Cost per Hour - NG Firing $/MWh $0.32 $0.32 $0.32 $0.32 $0.32 $0.32 Variable Cost per Hour - ULSD Firing $/MWh $1.9 $1.9 $1.9 $1.9 $1.9 $1.9 Variable Cost per Start $/Start $11,230 $11,300 $10,870 $10,930 $10,580 $10,510 Note: Fixed O&M ($/kw-yr) based on DMNC ICAP capacity value The FO&M Values indicated here include insurance and property taxes.

11 A World of Solutions 10 12x0 Wartsila 18V50DF, Dual Fuel All Zones 12x0 Wartsila 18V50DF, Dual Fuel All Zones J - NYC G - LHV G - LHV K - Long Island Item Units F - Capital C - Central Performance Values (per unit) Net Plant Capacity (no degradation) Net Plant Capacity - Summer MW Net Plant Capacity - Winter MW DMNC Summer MW DMNC Winter MW DMNC ICAP MW Net Plant Heat Rate (HHV basis), Degraded Net Plant Heat Rate - Summer Btu/kWh 8,410 8,410 8,410 8,410 8,410 8,410 Net Plant Heat Rate - Winter Btu/kWh 8,350 8,350 8,350 8,350 8,350 8,350 Net Plant Heat Rate - DMNC Summer Btu/kWh 8,410 8,410 8,410 8,410 8,410 8,410 Net Plant Heat Rate - DMNC Winter Btu/kWh 8,350 8,350 8,350 8,350 8,350 8,350 Net Plant Heat Rate - DMNC ICAP Btu/kWh 8,380 8,380 8,380 8,380 8,380 8,380 Natural Gas Emission Rates - Summer NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 16,400 16,400 16,400 16,400 16,400 16,400 Natural Gas Emission Rates - Winter NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 16,400 16,400 16,400 16,400 16,400 16,400 ULSD Emission Rates - Winter NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 22,900 22,900 22,900 22,900 22,900 22,900 Other Performance Values (per unit) Fuel Required per Start MMBtu/Start Can startup in time for 10-minute nonspinning reserve? Yes/No Yes Yes Yes Yes Yes Yes EFORd outage rate % 1.0% 1.0% 1.0% 1.0% 1.0% 1.0% Fixed and Variable O&M Costs (per unit) Fixed O&M and Site Leasing Costs $/kw-year $50.7 $145 $44.7 $45.2 $39.4 $38.0 Variable Cost per Hour - NG Firing $/MWh $8.4 $8.5 $8.2 $8.2 $7.9 $7.9 Variable Cost per Hour - ULSD Firing $/MWh $8.4 $8.4 $8.4 $8.4 $8.4 $8.4 Variable Cost per Start $/Start n/a n/a n/a n/a n/a n/a Note: Fixed O&M ($/kw-yr) based on DMNC ICAP capacity value The FO&M Values indicated here include insurance and property taxes.

12 1x1x1 Siemens STG6-5000F5 CC, Dual Fuel All Zones 1x1x1 5000F5 CC, Dual Fuel All Zones J - NYC G - LHV G - LHV K - Long Island Item Units F - Capital C - Central Performance Values (per unit) Net Plant Capacity Net Plant Capacity - Summer MW Net Plant Capacity - Winter MW DMNC Summer MW DMNC Winter MW DMNC ICAP MW Net Plant Heat Rate (HHV basis) Net Plant Heat Rate - Summer Btu/kWh 6,820 6,870 6,840 6,840 6,820 6,790 Net Plant Heat Rate - Winter Btu/kWh 6,760 6,790 6,770 6,770 6,780 6,770 Net Plant Heat Rate - DMNC Summer Btu/kWh 6,800 7,020 6,980 6,990 6,950 6,800 Net Plant Heat Rate - DMNC Winter Btu/kWh 6,770 6,770 6,780 6,770 6,790 6,780 Net Plant Heat Rate - DMNC ICAP Btu/kWh 6,930 6,960 6,930 6,930 6,940 6,850 Natural Gas Emission Rates - Summer NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 275, , , , , ,000 Natural Gas Emission Rates - Winter NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 270, , , , , ,000 ULSD Emission Rates - Winter NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 376, , , , , ,000 Other Performance Values (per unit) Fuel Required per Start (warm start) MMBtu/Start 3,100 3,100 3,100 3,100 3,100 3,100 Can startup in time for 10-minute nonspinning reserve? Yes/No No No No No No No EFORd outage rate % 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% Fixed and Variable O&M Costs (per unit) Fixed O&M and Site Leasing Costs $/kw-year $53.3 $153 $46.6 $47.0 $42.0 $39.3 Variable Cost per Hour - NG Firing $/MWh $1.0 $1.0 $1.0 $1.0 $0.94 $1.2 Variable Cost per Hour - ULSD Firing $/MWh Variable Cost per Start $/Start $11,230 $11,300 $10,870 $10,930 $10,580 $10,510 Note: Fixed O&M ($/kw-yr) based on DMNC ICAP capacity value The FO&M Values indicated here include insurance and property taxes. A World of Solutions 11

13 1x1x1 Siemens STG6-8000H CC, Dual Fuel All Zones 1x1x1 8000H CC, Dual Fuel All Zones J - NYC G - LHV G - LHV K - Long Island Item Units F - Capital C - Central Performance Values (per unit) Net Plant Capacity Net Plant Capacity - Summer MW Net Plant Capacity - Winter MW DMNC Summer MW DMNC Winter MW DMNC ICAP MW Net Plant Heat Rate (HHV basis) Net Plant Heat Rate - Summer Btu/kWh 6,670 6,630 6,690 6,690 6,680 6,590 Net Plant Heat Rate - Winter Btu/kWh 6,640 6,660 6,650 6,650 6,660 6,610 Net Plant Heat Rate - DMNC Summer Btu/kWh 6,780 6,820 6,790 6,800 6,780 6,600 Net Plant Heat Rate - DMNC Winter Btu/kWh 6,660 6,640 6,650 6,650 6,670 6,610 Net Plant Heat Rate - DMNC ICAP Btu/kWh 6,750 6,790 6,760 6,760 6,760 6,650 Natural Gas Emission Rates - Summer NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 312, , , , , ,000 Natural Gas Emission Rates - Winter NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 343, , , , , ,000 ULSD Emission Rates - Winter NO X Emissions Rate lb/hr SO 2 Emissions Rate lb/hr CO 2 Emissions Rate lb/hr 478, , , , , ,000 Other Performance Values (per unit) Fuel Required per Start (warm start) MMBtu/Start 4,000 4,000 4,000 4,000 4,000 4,000 Can startup in time for 10-minute nonspinning reserve? Yes/No No No No No No No EFORd outage rate % 3.0% 3.0% 3.0% 3.0% 3.0% 3.0% Fixed and Variable O&M Costs (per unit) Fixed O&M and Site Leasing Costs $/kw-year $47.4 $137 $41.7 $42.0 $37.6 $35.1 Variable Cost per Hour - NG Firing $/MWh $0.98 $0.98 $0.94 $0.95 $0.92 $1.2 Variable Cost per Hour - ULSD Firing $/MWh $1.2 $1.2 $1.1 $1.1 $1.1 $1.4 Variable Cost per Start $/Start $16,980 $17,090 $16,430 $16,530 $16,000 $15,890 Note: Fixed O&M ($/kw-yr) based on DMNC ICAP capacity value The FO&M Values indicated here include insurance and property taxes. A World of Solutions 12

14 A World of Solutions Contact Information 13 Debra Richert Director Lummus Consultants International, Inc. William Frazier Principal Consultant Lummus Consultants International, Inc. Phone: Fax: Thomas Vivenzio Senior Principal Consultant Lummus Consultants International, Inc. Phone: Fax: Phone: Fax: