Shepard Energy Centre Environmental Stewardship Overview Nominal 800 MW Natural Gas Combined Cycle Early 2011 Received Regulatory Approval (Alberta Utilities Commission and Alberta Environment and Sustainable Resource Development) Cost: Approximately 1.35 Billion Joint Venture with Capital Power Currently under construction COD: Early 2015 Technology Video Natural Gas Combined Cycle 2 on 1 Mitsubishi 501G gas turbine 4 Environmental Attributes - Low Air Emissions GHG – Less that 0.4 tonnes/MWh (less than half of the emissions from Coal) SOx – Virtually none NOx – Shepard will only emit between 3 ppm and 6 ppm PM – virtually none Mercury – No mercury emissions We did extensive air dispersion modeling and Shepard has minimal impact on air quality in the region. Environmental Attributes - Water Consumption Plant MW ML/y ML/MW Keephills 766 16000 20.9 Battle River 663 6019 9.1 More efficient Shepard 800 3796 4.7 Very efficient due to plant design and uses reclaimed water Comment Inefficient Shepard Site Photos – April 2013 Aerial View Looking South Shepard Site Photos – April 2013 Fiberglass Cooling Tower Showing End Wall And Louver Installation Shepard Site Photos – April 2013 HRSG #2 Finger Rack Area Shepard Site Photos – April 2013 Combustion Turbine #1 Shepard Site Photos – April 2013 Low Pressure Steam Turbine Rotor Insertion