2 A Brief History 1889 – District energy comes to Philadelphia April 1, 20171889 – District energy comes to PhiladelphiaElectricity is first generated at Schuylkill StationBoiler #23 and #24 were installed.Boiler #26 was installedPhiladelphia district energy system purchased from investor owned utility1993 – Trigen Energy acquires assets of United Thermal Corporation1992 – PPA & Steam purchase agreements executed for Grays Ferry Cogeneration Partnership1996 – GFCP financing closesGrays Ferry Cogeneration Project commences commercial operation
3 A Brief HistoryApril 1, 20172005 – Thermal North America Inc. acquires assets of The Trigen Companies2005 – Energy Services Agreement executed for new Chilled Water Plant at Edison Station for benefit of Thomas Jefferson University2007 – Edison Chilled Water Plant commences commercial operation2007 – Veolia Energy North America acquires assets of Thermal North America Inc.
5 Veolia Energy’s Philadelphia Operations Veolia Energy owns and operatestwo district energy systems in theCity of Philadelphia:Steam System serving Center City and West PhiladelphiaEdison Station Central Chilled Water Plant
7 Veolia Energy’s Philadelphia System (Cont’d) Approximately 300 CustomersServe approximately 500+ buildings representing 100 million square feet of commercial, institutional, residential and governmental buildingsTwo steam generation plantsSchuylkill Station and Edison StationTotal steam capacity of approximately 2.6 million pounds per hourCogeneration Plant - Grays Ferry Cogeneration Plant170-megawattsTotal steam capacity of 1.4 million pounds per hourFuel diversity to customers, using natural gas, #6 fuel oil, and purchased steam from cogeneration plant30 miles of steam distribution piping470 manholesTwo steam pressures – 165 psig and 205 psig
8 Schuylkill Station #23 and #24 Boilers 800 MMbtu (235 MWth) # 6 Oil firedCirca 1939#26 Boiler760 MMbtu (225 MWth)Natural Gas & # 6 Oil firedCirca 1972
9 Edison Station #1 and #2 Boilers 200 MMbtu (60 MWth) # 6 Oil fired Circa 1957#3 and #4 Boilers250 MMbtu (75 MWth)Circa 1963
11 Edison Station Central Chilled Water System Four (4) 1,750 dual compressor McQuay Electric Centrifugal ChillersFour (4) custom cooling towers to match chiller capacityNew controls, new chilled water pumps, new condenser water pumps, new electric switchgearApproximately 2,000 feet distribution system
13 Customer ProfileMore than 300 Customers Served500+ buildings, approx. 100 million square feet3.6 million Mlbs sales annually
14 Recent Veolia Philadelphia Customer Additions Comcast Center1.2 million square foot Class A commercial office buildingFirst LEED certified high rise in countryUtilizes steam for radiant heating, domestic hot water, cooking, snow melting, and as part of hybrid cooling plant (1,000 ton absorption chiller with two electric centrifugal chillers)20 year agreementResidences at the Ritz-Carlton628,000 square foot, 46-story, 289 condominiumsSteam for heating and domestic hot waterSymphony House Condominiums642,000 square foot, 31-story condominium building400 seat theater (Philadelphia Theater Company)Murano Condominium440,000 square foot, 42-story, 302 condominiums
15 Future Growth, Expansion and New Equipment Continued investment in expansion of steam infrastructure to serve new construction/conversion from other energy sourcesChilled water plant-potential expansion to serve new buildings on TJU campus (3,000 to 8,000 tons additional-850,000 sf of space)Talking with current customers about potential sustainable energy projects such as bio-fueled plant using municipal waste and renewable fuels (wood waste) to generate electricity and steam
16 Future Growth, Expansion and New Equipment (Cont’d) Offering of services “beyond the meter”.Recognized as energy experts, natural transition is to provide services on customer equipment ranging from mechanical repairs, steam trap surveys and repair/replacements, operations and maintenance contracts, recycling, etc.Provide an array of services across the spectrum of purchasing/managing energy commodity, operations and maintenance of major energy producing equipment, assisting customers manage their energy operations and efficiency, and providing the services to allow customers to focus on their core business.