(R)Evolution 2009-2050: Transforming Energy

Repowering Genesee 1&2 delivers long term value Lower operating costs, useful asset life extension, long-term cash flow growth - Favourable economics – $1.2B capital cost including $195M for 210 MW battery storage. 20%+ levered returns 4 560 MW net capacity increase (total 1,360 MW) Best-in-class NGCC technology with heat rate (6.6-6.7 GJ/MWh) advantage over all current and announced natural gas facilities - Significant environmental benefits – intensity of 0.35t/MWh; below Alberta's TIER regulation benchmark of 0.37t/MWh Carbon conversion ready and hydrogen capable (30% to start and upgradable to 95%) 18

View entire presentation