FERC approves rate authority for nearly-completed biomass project

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.”

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.