Economic Feasibility

General Feasibility Assumptions

• Revenue

Relies on revenue from existing Power Purchase Agreements

(Sensitivities can be developed from revenue derived from participation in local

Day-Ahead markets)

Additional revenue can be assumed from markets for Capacity and Ancillary Services.

• Power Production

Based on CES Proprietary Power Production Model

 Inputs:

1. Plant Nameplate Megawatts
2. EIA Average Heat Rate for Gas Fired Generation
3. EIA Average Capacity Factor
4. Assumed Gas Transmission Let-Down Pressure
5. Fuel cost per Megawatt Hour
6. Duration

• 
  
• Capital Cost of Technology

(Subject to Site-Specific Conditions and

Prevailing Market Factors)

$1,000 to $2,000 Per Megawatt

(Does not include Site Preparation, Permitting,

Installation and Interconnection costs)

• ROI

Simple Payback (Years)