The Federal Energy Regulatory Commission on Aug. 26 approved market-based rate authority for Solar Partners II LLC, the owner of a 126-MW solar development in California that is part of the broader Ivanpah solar project.
On July 24, 2013, Solar Partners II had filed an application 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. Solar Partners II requested waivers commonly granted to similar market-based rate applicants.
Solar Partners II is the owner of the Ivanpah I facility, a 126-MW solar thermal electric generating facility located in the California ISO market. The project is located in the southeastern portion of California’s Mojave Desert.
Solar Partners II is a wholly owned subsidiary of Ivanpah Project I Holdings LLC, which is a wholly owned subsidiary of Ivanpah Master Holdings LLC. Neither Solar Partners II nor its affiliates own or control transmission facilities other than limited interconnection facilities used solely to deliver a generating facility’s output to the grid.
The Solar Partners II project is in the final stages of construction and is prepared to begin sales of test power under its power purchase agreement. The commission has already granted market-based rate authority to Ivanpah Master Holdings, Solar Partner II’s indirect parent company, for the same power for which Solar II requested this authorization. This authorization would grant market-based rate authority to the individual project entity under the power purchase agreement, the July 24 application noted.
The Solar Partners II facility, called Ivanpah I, is one of three separate plants comprising the Ivanpah Solar Electric Generating System. The other two plants are Ivanpah II, which is owned by Solar Partners I LLC, and Ivanpah III, which is owned by Solar Partners VIII LLC. The entire output of Ivanpah I is committed under a long-term power purchase agreement to Pacific Gas & Electric (PG&E).