Poseidon Carlsbad

Question 0

How much water did San Diego Water Authority agree to buy from Poseidon?

Answer 0

48,000 to 56,000 acre-feet, enough to supply 7% of San Diego’s 3.2 million residents.

Question 1

How many much water will Poseidon Carlsbad produce?

Answer 1

54 million gallons pd
20 billion gallons py

Enough to provide water for 500,000 people

Question 2

How much is the 30-year maintenance contract on Poseidon?

Answer 2

$500 million over 30 years.

Maintenance provided by Israel’s IDE Technologies (co-owned by Israel Chemicals and Delek Group)

Question 3

What other notable desalination plants exist in the world?

Answer 3

Ashkelon and Hadera desalination plants in Israel.

Question 4

How many desalination plants are under construction in California?

Answer 4

12

Question 5

What do the terms of the water agreement with the San Diego Water Authority look like?

Answer 5

Residents will pay $5-$7 more per month for the county to provide desalinated water to its supply and build a pipeline to help deliver it, Sandy Kerl said.

Question 6

How many jobs is the project creating?

Answer 6

2,300

Question 7

What type of contract does Poseidon have with the San Diego Water Authority?

Answer 7

Their water price can go up no more than 30 percent during the contract, and is capped at 10 percent in any one year

Question 8

What are the costs of potential changes to the system by regulation?

Answer 8

$200 million

Question 9

How much wetlands restoration did the Coastal Commission require from Poseidon?

Answer 9

66 acres of wetlands restoration

Question 10

What were the dimensions of the conveyance pipeline?

Answer 10

10 miles long, 54 inches in diameter

Question 11

What was the capitalization of the project?

Answer 11

85% debt 15% equity

$733MM tax-exempt private activity bonds.

$167MM equity provided by Stonepeak

Question 12

Who owns the conveyance pipeline, how is it financed, and who is the guarantor?

Answer 12

The Water Authority owns the Conveyance Pipeline.

Financed using Municipal Purpose Bonds issued by California Pollution Control Financing Authority.

Poseidon is the guarantor

Question 13

How many gallons is in an acre-foot?

Answer 13

325,900 gallons in an acre-foot

Question 14

How much is the SDCWA paying for water from Poseidon?

Answer 14

$2,042 to $2,290 per acre-foot

Question 15

How much is an acre-foot of water in terms of households supplied?

Answer 15

325,900 gallons, enough to supply two single family households of four for a year at 112 gallons consumed per day.

Question 16

How much does SDCWA charge its agencies for current water sources?

Answer 16

$1,063 per acre-foot

Question 17

What’s the typical range of water consumption?

Answer 17

65 - 120 gpd

Question 18

What is the range in cost per acre foot of water for the Tampa Bay desal facility in its 7-year history?

Answer 18

$1,907 to 3,507 per acre-foot

Question 19

How much CO2 (carbon) is produced for each MW of electricity used?

Answer 19

780.22 lbs of CO2 for each MW of electricity

Question 20

How is carbon neutrality achieved?

Answer 20

By purchasing carbon offsets at $15/metric ton of CO2

Question 21

What is the replacement cost for membranes?

Answer 21

Useful life of membranes: 6 years

Annualized Replacement Cost: at $42,400 per MGD of water

Question 22

What is the energy use trend as membranes age?

Answer 22

Rapidly increasing average energy use compared with production. Membrane performance declines as they age.

Question 23

How many employees will Carlsbad have?

How many does Tampa have?

Answer 23

Carlsbad will have 25 employees.

Tampa has 19 employees.