{"id":470,"date":"2008-05-21T06:51:05","date_gmt":"2008-05-21T13:51:05","guid":{"rendered":"http:\/\/montaraventures.com\/energy\/?p=470"},"modified":"2008-05-21T06:51:05","modified_gmt":"2008-05-21T13:51:05","slug":"98mwh-ppa","status":"publish","type":"post","link":"https:\/\/montaraventures.com\/energy\/?p=470","title":{"rendered":"$98\/MWh PPA"},"content":{"rendered":"<p>Western GeoPower scored a nice deal yesterday inking a 20 year PPA with the Northern California Power Association for around $26M\/year and a purchase price of $98\/MWh. We thought the $78\/MWh + wheeling costs that was cut earlier this year between the City of Anaheim and Raser was lucrative. $98\/MWh is great and reflects the new CPUC pricing model.<br \/>\n<br \/>\nWith the deal, WGP has a $500M+ revenue stream set against a ~$120M capital expenditure. With operating costs of $30\/MWh, that leaves a whopping $68\/MWh for debt service, other SG&#038;A, taxes, and net income.<br \/>\n<br \/>\nLinks:<br \/>\n<a href=\"https:\/\/www.geopower.ca\/\" target=\"_blank\" >Western GeoPower<\/a><br \/>\n<a href=\"https:\/\/www.rasertech.com\/\" target=\"_blank\" >Raser Technologies<\/a><br \/>\n<a href=\"https:\/\/www.ncpa.com\/\" target=\"_blank\" >Northern California Power Association (NCPA)<\/a><br \/>\n<a href=\"https:\/\/www.cpuc.ca.gov\/\" target=\"_blank\" >California Public Utilities Commission (CPUC)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Western GeoPower scored a nice deal yesterday inking a 20 year PPA with the Northern California Power Association for around $26M\/year and a purchase price of $98\/MWh. We thought the $78\/MWh + wheeling costs that was cut earlier this year between the City of Anaheim and Raser was lucrative. $98\/MWh is great and reflects the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[9,2],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2gI6x-7A","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/posts\/470"}],"collection":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=470"}],"version-history":[{"count":0,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/posts\/470\/revisions"}],"wp:attachment":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}