Common use of Base Facility Clause in Contracts

Base Facility. This section of the FPP describes the process and technology of the base facility. If the base facility is in place, technology risks related to adding capture facilities should be described. The description of the operational impact of adding capture to existing facilities should be described along with potential costs, components timelines and risk mitigation provided. For new base facilitates, a description of its technical challenges, its uniqueness and risks should be described. The selection criteria used to decide on the base technology should be provided. If the technology selected was preferred because of reduced CO2 production or other emissions, documentation supporting these assertions should be provided. Feedstock required should be described, as well as the security of supply. Energy requirements to run the base facility should be provided and properly documented. If the base facility includes new power generation capacity, a description of necessary transmission capacity should be included. The base facility: i) is at a conceptual design phase and or there is no assurance that the project will be operational by 2015; ii) will be based on commercially unproven technology; iii) technical challenges and construction/operational risks are not described; iv) has not secured a reliable source of feedstock; and v) the proposal does not include a description of the operational impact of incorporating the carbon capture technology into the base facility. i) is not expected to be operational until 2016; ii) technology has been proven at a pilot stage but has yet to be proven at an industrial scale; iii) has technical challenges and construction/operational risks which are described at a high level; iv) regulatory approvals have not been submitted ; v) has identified but not yet secured a reliable source of feedstock ; and vi) the proposal includes an incomplete description of the operational impact of incorporating the carbon capture technology into the base facility. i) is expected to be operational by 2015; ii) is based on commercially proven technology; iii) technical challenges and construction/operational risks are fully described and matched with appropriate mitigation strategies; iv) has obtained regulatory approvals or a plan is in place to manage the regulatory process; v) has a secure source of feedstock to sustain CO2 capture levels; and vi) the project plan includes an extensive description of the operational impact of incorporating the carbon capture technology into the base facility. i) and, the base facility will be built and operational in advance of 2015.