The Cabin Creek Solar LLC affiliate of Cypress Creek Renewables on Sept. 21 applied with the North Carolina Utilities Commission for a Certificate of Public Convenience and Necessity on a 75-MW (ac) facility that will be located along Post Office Road, south of Hwy 24, in Biscoe, Montgomery County, North Carolina.
The date for the facility to come on-line is July 31, 2018. The facility owner plans to sell the electricity to Duke Energy Progress (DEP) pursuant to a power purchase agreement. The service life of the project is expected to be approximately 35 years. The projected annual sales of the facility are expected to be approximately 155,710,000 kWh. The estimated cost of the project is $146.5 million.
The application added: “The proposed 75 MW Cabin Creek Solar generation addition has been analyzed to determine the impact to DEP. It is prudent to analyze solar resources over a range of values for firm coincident capacity at the time of system peak. Assuming a 44% solar contribution to peak, the Cabin Creek Solar facility will add approximately 1.1% of DEP’s nominal reserves. DEP recognizes that the 44% coincident contribution to system peak for solar resources can vary. Therefore, should the peak contribution vary, for each 10% change to the coincident contribution of the solar resources, reserves vary approximately 0.3%.
“In addition, this capacity impacts DEP’s reserve margin by approximately 0.23%. Every 10% change in the coincident contribution to system peak equates to 0.05% of reserve margin. For 2019, DEP’s forecasted sales are 67,383 GWh. The collective generation impact of this solar facility would represent 0.24% of the forecasted sales. While alone, this facility does not have a significant impact on future DEP capacity needs, when combined with other QF facilities being submitted for CPCN, the impact to DEP’s future capacity needs are substantial. DEP will continue to study the impacts of the aggregation of the QF facilities to the DEP system.”
A project contact is: Geoff Fallon, 3250 Ocean Park Boulevard, Suite 355, Santa Monica, CA 90405, (310) 581-6299, email@example.com.