The Aes Corporation · NYSE:AES
The Aes — Corporate Update (October 2022)
44 slides from The Aes's corporate update, Oct 4, 2022
Slide 1: Proposed Rancho Viejo Solar Project Neighborhood Meeting
Proposed Rancho Viejo Solar Project Neighborhood Meeting October 4, 2022 Presented by Jonathan Moore, Matt Gordon, Travis Stowers, Rebecca Halford 96 MWac / 48 MW, 4-hour duration Solar + Battery Energy Storage System (BESS) Storage Plant Santa Fe County, New Mexico
Slide 2: Presentation Agenda
Presentation Agenda • AES, Project Team, and • Construction, Operations Stakeholders & Decommissioning • Project Location • Diligence & Studies • Project Overview • Benefits • Site Layout • Battery Storage System / • Point of Interconnect Safety • Equipment • Q&A
Slide 3: The AES Corporation
The AES Corporation 31,459 3,497 MW Gross MW in operation* Renewable generation under * 20,183 proportional MW (gross MW multiplied by AES’ equity ownership percentage). construction or with signed PPAs $11.1billion $33 billion Total 2021 revenues Total assets owned & managed 4 Continents 2.6 millio
Slide 4: Clean energy operating and development footprint
Clean energy operating and development . footprint 4.5 GW Operating 40+ GW Development pipeline
Slide 5: Project Team and Stakeholders
Project Team and Stakeholders Santa Fe County Planning & Zoning Commission Board of County Commissioners Community Members AES Clean Energy Jonathan Moore, Lead Developer Matt Gordon, Permitting Lead Travis Stowers, Engineering Rebecca Halford, Stakeholder Relations SWCA (Environmental Consultant) K
Slide 6: Project Location
Project Location • Approximately 1 mile south of Santa Fe city limits • Entrance to project is located 1 mile east of South Hwy 14 • Zoned RUR - Rural • Project area – approximately 800 acres • Located on private property
Slide 7: Project Location
Project Location Project Location Photo capture location View from Hwy 14 looking northeast
Slide 8: Project Location
Project Location Project Location View of Northern Array area (looking north) Photo capture location View from Camerada Road/Eldorado subdivision facing west
Slide 9: Project Overview
Technical Specifications Project Overview • 96 MW AC solar photovoltaic output • 48 MW battery storage (4 hours) • 1.5-mile access road • 2.5-mile gentie corridor Utility-Scale Project - PNM • Project will serve PNM transmission infrastructure • Short-listed with PNM 2021 Replacement Generations RFP
Slide 10: Project Overview - Site Layout
Project Overview - Site Layout Start of overhead Laydown area transmission (temporary) line Project Collector Sub/Battery PV Modules Storage location Existing Arroyo / Access from Waterway Hwy 14 Fencing
Slide 11: Project Overview – Point of Interconnection
Project Overview – Point of Interconnection Substation Project Location Transmission Route
Slide 12: Project Overview - Solar Photovoltaic Modules
Project Overview - Solar Photovoltaic Modules Structure Dimensions All solar panels used by AES pass the EPA’s Toxic • Approximately 15’ max height Characteristic Leaching Procedure (TCLP) test and are • 7’ clearance at central rack and at flat tilt classified as non-hazardous and are not regulated
Slide 13: Questions about the project, location, & equipment
Questions about the project, location, & equipment • Why here - Santa Fe County and why on this portion of Rancho Viejo ? • Can AES guarantee the minimum setback of 1,000’ to adjacent property lines? • Are there plans to expand the project? • Does the proximity threaten the health and safety of neig
Slide 14: Project Overview
Project Overview • Crystalline-silicon solar modules are made of basic “solid-state” materials, meaning there are no liquid or gaseous components. The project will be constructed with Tier I panels. Tier I panels are high quality, and rigorously tested for predictable performance, durability, and co
Slide 15: Answers about the project, location, & equipment
Answers about the project, location, & equipment Why here? Utility-scale solar cannot be built remotely as it needs to serve the utility power loads (where people live) and access utility transmission lines/infrastructure (also where people live). • The NM Renewable Portfolio Standards (RPS) applied
Slide 16: Answers about the project, location, & equipment
Answers about the project, location, & equipment Can AES guarantee the County required minimum setback of 25’ to adjacent property lines? • Yes. AES guarantees a minimum setback of 1,000’ to any adjacent property line/boundary. Are there plans to expand the project? • There are no plans to expand th
Slide 17: Questions about the project, location, & equipment
Questions about the project, location, & equipment How does this impact property value? • AES has engaged with a third-party national and local appraisal firm that is completing a property value analysis. W • Numerous studies have examined this question, considering the size of the facility, distanc
Slide 18: Answers about the project, location, & equipment
Answers about the project, location, & equipment Is glare an issue? • Solar panels are intended to capture the most light possible and are specifically designed to reduce reflection and glare. Modern solar panels reduce reflection by using anti-reflection coatings (ARC) and by texturing the surface.
Slide 19: Construction, Operations & Decommissioning
Construction, Operations & Decommissioning Construction Start / timeline – Anticipated early 2024 , 10-12 months Ground Treatment / Natural Vegetation - Solar racking system does not require leveling the land or installing complex foundations. Installation method - either pile or screw driven poles,
Slide 20: Project Overview - Recycling
Project Overview - Recycling PV Modules BESS • 90% of module material by weight is glass • Contracts with BESS manufacturers and aluminum.(1) (Samsung, LG) mandates the recycling • 95% of the materials in PV modules are of the equipment at the end of the recyclable with 2022 technologies.(1) system’
Slide 21: Questions about construction, operation, & decommissioning
Questions about construction, operation, & decommissioning • Is dust pollution an issue during and after construction? • Will AES clearcut and/or grade all the land under the array? • Describe the post-construction landscape under the solar panels – dirt, natural vegetation, rock? • How do you prote
Slide 22: Answers about construction, operation, & decommissioning
Answers about construction, operation, & decommissioning The project will be constructed at the existing grade to the greatest extent possible, minor grading and/or grubbing may occur throughout the portions of the solar facility, BESS, foundation pads, equipment storage, and staging areas. Grading
Slide 23: Answers about construction, operation, & decommissioning
Answers about construction, operation, & decommissioning Dust and Glare: Solar panels are intended to capture as much sunlight as possible and are specifically designed to reduce reflection and glare. Modern solar panels reduce reflection by using anti-reflection coatings (ARC) and by texturing the
Slide 24: Answers about construction, operation, & decommissioning
Answers about construction, operation, & decommissioning Is dust pollution an issue during and after construction? • Active construction would take approximately 12 months. • Fugitive dust would be managed in accordance with County or EPA rules and requirements. • Dust control best management practi
Slide 25: Answers about construction, operation, & decommissioning
Answers about construction, operation, & decommissioning Describe the post-construction landscape under the solar panels – dirt, natural vegetation, rock. • Reclamation would include the establishment of native vegetation. • Certified weed-free native seeds would be used. How do you protect the faci
Slide 26: Environmental Diligence
Environmental Diligence Completed In Progress • Aquatic Resources Inventory Report: May 2022 • Biological Survey Report: May 2022 • Environmental Impact Report: • Phase 1 Environmental Site Assessment: May 2022 October 2022 • Geotechnical Investigation: September 2022 • Hydrologic and Hydraulic Stud
Slide 27: Questions about environmental impact
Questions about environmental impact • Where can I obtain a copy of the Environmental Impact Statement (all reports)? • What are the impacts on water resources? • What will be the water source to the complex? Expected use annually? • How often will the panels be washed? How much water will be used f
Slide 28: Answers about environmental impact
Answers about environmental impact As part of the development process, we conduct studies to ensure we are aware of all environmental elements. By identifying these resources at the front end, we can design our facility in a way that avoids any impacts. These studies include: • A delineation of any
Slide 29: Answers about environmental impact
Answers about environmental impact Where can I obtain a copy of the Environmental Impact Statement (all reports)? • The project is not required to prepare an Environmental Impact Statement pursuant to the National Environmental Policy Act. However, the project is required to prepare an Environmenta
Slide 30: Answers about environmental impact
Answers about environmental impact What is the impact on the scenic view? • Viewshed analysis has been completed, including visual simulations. • The Turquoise Trail Scenic Byway is located approximately 2 miles west of the proposed Project and is the closest National Historic Trail to the proposed
Slide 31: Answers about environmental impact
Answers about environmental impact Will there be any outdoor lighting? When will it be on? • It is anticipated there will be a motion sensor, downcast shaded security lighting at the access gate, battery storage, and substation location, and solar pads. • Downcast lighting protects the ability to vi
Slide 32: Benefits: Environmental
Rancho Viejo Solar Assist Santa Fe County in 100% reaching its Net-Zero greenhouse gas emissions Benefits: goal by 2050 Environmental Renewable power for equivalent of approximately 23,000 homes’ annual electricity use Reduces approximately 120,000 tons of carbon dioxide emissions annually Reduced c
Slide 33: Benefits: Economic
~200 construction jobs Rancho Viejo Solar Contributions to local services (accommodation, restaurants, Benefits: professional services) Local Socio-economic Economic partnerships A third-party Economic Impact $ Report is underway and will determine all economic benefits including anticipated tax rev
Slide 34: Battery Energy Storage System
Battery Energy Storage System Typical Installation - • Individual batteries are housed in units that are approximately the size of a shipping container. • Each container has a fully integrated system of HVAC for temp control, sensors and controls for remote monitoring, as well as a built-in fire sup
Slide 35: Questions about BESS safety & fire prevention
Questions about BESS safety & fire prevention • How many lithium-ion batteries will be stored in each of the 39 containers and how many cells would one battery have? • What is the fire danger of lithium-ion batteries and how is prevention and mitigation addressed? • What are the toxicity risks of ba
Slide 36: Questions about BESS safety & fire prevention
Questions about BESS safety & fire prevention • Are you aware of any fires using these same model BESS battery systems? When? where? • Has anyone been injured or killed due to fires originating from a shipping container sized BESS battery system? • Describe the fire suppression techniques currently
Slide 37: Answers about BESS safety & fire prevention
Answers about BESS safety & fire prevention The combination of solar + storage will allow the utility to call upon the energy stored when it is needed most, day or night • helping to offset night-time fossil fuel generation • Help ramp up toward peak energy demand periods (instead of using fossil fu
Slide 38: Answers about BESS safety & fire prevention
Answers about BESS safety & fire prevention What are the toxicity risks of batteries? • Proper transportation, installation, operation, and disposal of batteries poses no toxicity risks to humans. If a battery is damaged during any of the phases of a battery's life, the proper response requires safe
Slide 39: Answers about BESS safety & fire prevention
Answers about BESS safety & fire prevention Are you aware of any fires using these same model BESS battery systems? When? where? • Several BESS battery fires have occurred though AES engineers are not aware of any known fires that have occurred with this model battery (as a reference point, Tesla's
Slide 40: Answers about BESS safety & fire prevention
Answers about BESS safety & fire prevention Describe the fire suppression techniques currently used to fight large container sized lithium-ion battery fires. Is the gas used going to be FM 200 or 3M Novec 1230? • Multiple options are available depending on the nature of the hazard. The first step is
Slide 41: Answers about BESS safety & fire prevention
Answers about BESS safety & fire prevention What will be the ground treatment underlying the battery containers and substation? • Concrete pads directly underneath the containers, surrounded by gravel. How much distance from the BESS containers to a flammable landscape? • The gravel will surround th
Slide 42: Answers about BESS safety & fire prevention
Answers about BESS safety & fire prevention Will the BESS air conditioners have weather and noise-suppressing shields on the outside? • The project will include 39 battery containers, which are located over 1-mile from residential houses. The project will include 78 heating ventilating and air condi
Slide 43: To create a better future, we need to accelerate a 100% carbon-free energy grid
To create a better future, we need to accelerate a 100% carbon-free energy grid For a truly 100% carbon-free grid, load and carbon-free generation must be matched on an hourly basis AES Proprietary & Confidential/Not for Distribution
Slide 44: Thank you
Thank you