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C.1 - Applicant Presentation_Condor_BatteryStorage_GTPCClean Energy Storage for Grand Terrace Condor Project Keith Latham December 2021 A Proven Team Arevon is a leading renewable energy company with roots as one of the largest renewable asset managers in the United States. Tenaska is an independent energy company with proven expertise developing generation assets and other energy solutions to meet dynamic customer and market needs. 2 About Arevon 3 •Leading renewable energy company. •Headquartered in Scottsdale, AZ, and New York City. •Provides commercial, financial, performance asset management and construction services to nearly 10 gigawatts of renewable energy assets, including energy storage, solar, and wind projects. •Delivers renewable energy to utilities and corporations across North America. •One of the largest owner operators of renewables in California •Several utility-scale battery storage projects in operation and construction About Tenaska 4 •Consistently ranked by Forbes Magazine as one of the largest privately held companies in the United States. •Named a U.S. Best Managed Company by Deloitte Private and The Wall Street Journal. •More than 700 employees. •Developed, managed and/or operated approximately 22 gigawatts of generation. •Known for developing and operating safe, efficient and environmentally responsible generating facilities. •Committed to increasing and promoting diversity, equity and opportunity at all project locations and working closely with local communities. Battery Storage in California 5 The Importance of Battery Storage •Battery energy storage is proven, reliable and cost-effective. •California currently relies heavily on carbon-emitting fossil-fueled resources to meet daily and peak energy needs. •California adopted the nation’s first energy storage mandate to reduce the state’s reliance on fossil fuels and to integrate intermittent renewable energy resources. •Energy storage is needed to optimize the grid, including providing grid reliability and helping to defer costly transmission and distribution upgrades. •According to leaders of the California Independent System Operator (CAISO) grid, reaching California's goal of a carbon-free grid by 2045 could require as much as 45,000 MW of battery storage. •The California Public Utilities Commission found that the system requires 11,500 MW to be placed in service between 2023 and 2025 to avoid challenges in the mid-term. •Condor is planned to achieve Commercial Operations as early as mid-2023. 6 How It Works Battery storage allows surplus clean, renewable energy to be stored and used later when it is most needed. 7 How It Works •Large banks of lithium-ion batteries connect to the electric grid via transmission line. •When power produced from solar and wind facilities exceeds energy needs or what the grid can safely and reliably handle, production from these facilities is often shut down or curtailed, resulting in these resources being “wasted” and going unused. •Batteries can store this unused energy, and then discharge it back to the grid, often in the evening or at other peak times, providing grid resiliency and reliability. 8 Technology & Safety Arevon and Tenaska have a proven track record of safely constructing and operating renewable energy projects across the country. Technology & Safety •Battery storage devices, like cellphone batteries, do not generate harmful radiation and involve little to no fire risk when properly designed, tested, installed and operated. •The battery storage systems will contain protection and control features to prevent issues, including a battery management system that shuts down when operational environments are anything less that optimal. •The battery facility must receive all necessary approvals from the local fire marshal and permitting authorities in each jurisdiction. 10 Location & Design Battery storage facilities are ideally sited close to an electrical substation and transmission system to provide maximum support and value for the electric grid 11 Location & Design -Condor Location & Design -Condor Location & Design -Condor 15 Condor Project Community Benefits •Invests $200 million in local economy. •Has limited traffic impacts to local community during construction, and no traffic impact when operating. •Safely strengthens existing electrical infrastructure. •Is operationally quiet. •Maximizes the use and integration of renewable energy sources. •Provides new local capacity to reduce generator-sourced air emissions during peak demand. •Creates approximately 75 well-paying construction jobs and several part-time positions to operate the facility. •Can safely power up to +/-200,000 homes for four hours. Thank You