THE APPLICATION OF KENTUCKY POWER

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THE APPLICATION OF KENTUCKY POWER ( the-application-kentucky-power )

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1.0 Executive Summary CH2M HILL Engineers, Iiic. was engaged by the Brattle Group, Inc to provide capital cost estimates for gas fuel oiily aiid dual fuel (oil & natural gas) GE 7FA.05 gas turbine combiiied cycle power plants at multiple sites, each capable of generating approximately 701 MW. The plant configurations each consist of two (2) GE Frame 7FA.05 combustion turbine generators (CTGs), two (2) duct fired three pressure reheat Heat Recovery Steam Geiierators (HRSGs), one (1)condensing reheat Steam Turbine Generator (STG), surface condenser and all necessary Balance of Plant (BOP)equipment. Dual Fuel CombustionTurbines As a basis for the dual fuel combustion turbine estimates CH2M HILL developed the followiiig information: Capital costs for five (5) geographical areas (New Jersey, Maryland, Illinois, Pennsylvania, aiid Virginia) A General Arrangement drawing for a representative combined cycle power plant A Level One Project schedule A basic monthly cash flow tabulation The capital cost estimates for each geographical area are summarized in the table below. The details of the cost breakdown for each location are included in Section 6.0. 0 e 0 0 Geographical Area New Jersey Maryland Illinois Pennsylvania Virginia Labor EPC Costs Type $ Owner Costs Total Installed Capital Cost $-$ Gas Fuel OnlV CombustionTurbines U1Uon Noli-Ullio1I Union Union Non-Union 356,186,888 274,566,035 348,377,452 333,447,565 274,373,867 194,785,565 192,061,631 194,784,480 192,106,147 189,384,692 547,444,257 466,627,666 543,161,932 525,553,712 463,758,559 As a basis for the gas fuel only combustion turbine estimate CH2M HILL developed the following information: Capital cost for the Will County, Illinois location A General Arrangement drawing for a representative simple cycle power plant A Level One Project scliedule A basic monthly cash flow tabulation Page 2 of 27 TheBrattleGtoiip 201I F'JM CONEStirdyApperidrxPageB-5 0 0 e

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