• Most of these peak hours occur during hot days when the sun is shining. Accordingly, solar generation is a good match for air conditioning load. It is not a perfect match, of course, but during those hours when load is high but sunlight is low, solar generation can be supplemented by propane or natural-gas fired generation and/or demand-response programs where businesses are paid to reduce their use of electricity and potentially batteries.
• GridSolar proposes to install distributed solar generation in relatively small installations at sites in southern, central, western and coastal Maine (about 2 MW at each location). This generation will be interconnected directly to the CMP distribution grid, and will meet peak load growth without the need to import generation over transmission lines from remote large generating units.
• If the cost of the CMP MPRP project is paid instead to GridSolar, GridSolar will deliver the electricity generated from the solar generation to the MPUC (and therefore Maine ratepayers) for
3 cents per kWh for 20 years. At full build out, this represents
a savings to Maine ratepayers of $60 million a year at current market prices of electricity, and this savings will grow if the price of oil, natural gas or coal increases over the next 20 years as most experts believe they will.
• GridSolar proposes to install 100 MW of solar generation over the next 5 years, but is prepared to install as much as is required to meet future peak load growth in Maine. At this level, Maine would have more installed solar generation than any state in the country except California – and could become a leading player in the use of solar generation to address grid reliability issues.
• The economic development opportunities are significant – this type of initiative can be coupled with the attraction of solar cell production facilities, research and development monies and infrastructure grants to vault Maine to the head of the line with respect to solar development in the country and, in fact, the world.