The Federal Energy Regulatory Commission on May 23 approved market-based rate authority for Gainesville Renewable Energy Center LLC (GREC) for its 100-MW biomass-fired power project in Florida.
GREC had applied for market-based rate authority with an accompanying tariff. The proposed market-based rate tariff provided for the sale of energy, capacity, and ancillary services at market-based rates.
Under the Public Utility Holding Company Act of 2005 and FERC regulations, GREC had also submitted a notice of self-certification of Exempt Wholesale Generator (EWG) status, based on its development, ownership and operation of this facility, located in Gainesville, Fla.
The project will sell 100% of its output to the city of Gainesville, Fla., d/b/a Gainesville Regional Utilities (GRU). The project will be interconnected to GRU’s distribution system through an approximately 4,500-foot, 138-kV single-circuit transmission line, the company noted.
“The Project is scheduled to become energized and begin flowing test energy in mid-July 2013, and will begin commercial operations shortly after that point,” said the GREC filing for EWG status. “The ‘Eligible Facilities’ will consist of a wood fuel handling system, a bubbling fluidized bed boiler, a steam turbine generator and a 4,500 foot single-circuit transmission line interconnecting the Project to GRU’s distribution system. GREC is simultaneously filing an application for market-based rate authorization with the Commission. GREC is wholly-owned by GREC Intermediate Holdings, LLC, which in turn is wholly-owned by GREC Holdings, LLC.”