This document from the Public Utilities Commission of the State of California is an approval of a renewable portfolio standard power purchase agreement with Gaskell SunTower, LLC (Gaskell), owned by eSolar. This contract complies with the Renewable Portfolio Standard (RPS) procurement guidelines. Gaskell SunTower, (LLC) is a new solar thermal generating facility being developed by eSolar.
Within the document, there is a summary about the contract with information about the project; price, number of years the contract is for, etc. Details about the RPS program can be found within the background paragraphs, along with a point-by-point description of the decisions the Commission established as the regulatory and transactional parameters of the utility renewables procurement program.
Towards the end of the document there is a “Discussion” portion that further describes the project at hand. There is a thorough explanation of how the power purchase agreement is consistent with the 2007 RPS plan. Southern California Edison believes that PPA is a viable project. SCE has identified PPA’s milestones, financing has already been established and considers the contract price to be very reasonable.
Author: Paul Clanon
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