Je veux savoir à propos de…

lotter on DSK11XQN23PROD with NOTICES1

60280

Federal Register / Vol. 86, No. 208 / Monday, November 1, 2021 / Notices
i. Operating Fee Rate: The operating fee rate is the share of imputed wholesale market value of the projected annual electric power production due to the Office of Natural Resources Revenue as an annual operating fee. For the Lease Areas, BOEM proposes to set the fee rate at 0.02 2 percent for the entire life of commercial operations.
ii. Nameplate Capacity: Nameplate capacity is the maximum rated electric output, expressed in MW, which the turbines of the wind facility under commercial operations can produce at their rated wind speed as designated by the turbines manufacturer. The nameplate capacity available at the start of each year of commercial operations on the lease will be the capacity provided in the FIR. For example, if the lessee installed 100 turbines as documented in its FIR, and each is rated by the manufacturer at 12 MW, the nameplate capacity of the wind facility would be 1,200 MW.
iii. Capacity Factor: The capacity factor relates to the amount of energy delivered to the grid during a period of time compared to the amount of energy the wind facility would have produced at full capacity during that same period of time. This factor is represented as a decimal between zero and one. There are several reasons why the amount of power delivered is less than the theoretical 100 percent of capacity. For a wind facility, the capacity factor is mostly determined by the availability of wind. Transmission line loss and down time for maintenance or other purposes also affect the capacity factor.
BOEM proposes to set the capacity factor at 0.4 i.e., 40 percent for the year in which the commercial operation date occurs and for the first 6 full years of commercial operations on the lease. At the end of the sixth year, BOEM may adjust the capacity factor to reflect the performance over the previous 5 years based upon the actual metered electricity generation at the delivery point to the electrical grid. BOEM may make similar adjustments to the capacity factor once every five years thereafter.
iv. Wholesale Power Price Index:
Under 30 CFR 585.506c2i, the wholesale power price, expressed in dollars per MWh, is determined at the time each annual operating fee payment is due. For the lease offered in this sale, BOEM proposes to use the index for VACAR average price per MW from the Enerfax power prices dataset within Hitachis ABB Velocity Suite or similar.
VACAR is a subregion of the Southeastern Electric Reliability Council and comprises the Carolinas and parts of Virginia. The VACAR

VerDate Sep<11>2014

18:03 Oct 29, 2021

Jkt 256001

average price per megawatt represents prices from Duke, Progress Energys Carolina Power and Light, Santee Cooper, South Carolina Electric and Gas, Southeastern Power Administration, and APGI Yadkin Division.
c. Financial Assurance: Within 10business days after receiving the lease copies and pursuant to 30 CFR 585.515
.516, the provisional winner must provide an initial lease-specific bond or other BOEM-approved financial assurance instrument in the amount of $100,000. BOEM encourages the provisionally winning bidder to discuss financial assurance requirements with BOEM as soon as possible after selection notification.
BOEM will base the amount of all SAP, COP, and decommissioning financial assurance on cost estimates for meeting all accrued lease obligations at the respective stages of development.
The required amount of supplemental and decommissioning financial assurance will be determined on a caseby-case basis.
The financial terms described above can be found in addendum B of the lease, which is available at: https
www.boem.gov/regional-carolina-longbay-intergovernmental-renewableenergy.
IX. Bidders Financial Form Each bidder must fill out the BFF
referenced in this PSN. A copy of the form is available at: https
www.boem.gov/regional-carolina-longbay-intergovernmental-renewableenergy. BOEM recommends that each bidder designate an email address in its BFF that the bidder would then use to create an account in pay.gov if it has not already done so. BOEM will not consider previously submitted BFFs for previous lease sales to satisfy the requirements of this auction. BOEM
may consider BFFs submitted after the deadline set in the FSN if BOEM
determines that the failure to timely submit the BFF was caused by events beyond the bidders control. BOEM will only accept an original, signed paper copy of the BFF. The BFF must be executed by an authorized representative listed in the qualification package on file with BOEM.
X. Bid Deposit Each qualified bidder must submit a bid deposit no later than the date listed in the FSN. Typically, this deadline is approximately 30-calendar days after the publication of the FSN. BOEM may consider extensions to this deadline only if BOEM determines that the failure to timely submit the bid deposit
PO 00000

Frm 00083

Fmt 4703

Sfmt 4703

was caused by events beyond the bidders control.
Following the auction, bid deposits will be applied against the winning bid and other obligations owed to BOEM. If a bid deposit exceeds that bidders total financial obligation, BOEM will refund the balance of the bid deposit to the bidder. BOEM will refund bid deposits to the other bidders once BOEM has announced the provisional winner.
If BOEM offers a lease to the provisionally winning bidder and that bidder neither timely returns the signed leases, establishes financial assurance, nor pays the balance of its bid, BOEM
will retain that bidders $2,000,000 bid deposit. In such a circumstance, BOEM
reserves the right to offer a lease to the next highest bidder as determined by BOEM.
XI. Minimum Bid The minimum bid is the lowest bid BOEM will accept as a winning bid, and it is where BOEM will start the bidding in the auction. BOEM proposes a minimum bid of $50.00 per acre for this lease sale.
XII. Auction Procedures a. Multiple-Factor Bidding Auction:
As authorized under 30 CFR
585.220a4 and 585.221a6, BOEM
proposes to use a multiple-factor bidding auction for this lease sale.
Under BOEMs proposal, the bidding system for this lease sale would be a multiple-factor combination of nonmonetary and monetary factors. The bid made by a particular bidder in each round would represent the sum of a bidding credit and a monetary cash amount. BOEM proposes to start the auction using the minimum bid price for the Lease Area and to increase that price incrementally until no more than one active bidder remains in the auction.
b. The Auction: Using an online bidding system to host the auction, BOEM will start the bidding for Lease OCSA 0545. The description below assumes that only a single lease area will be offered in the auction. In the event that two or more lease areas are offered, BOEM intends to use auction procedures similar to those described in the New York Bight PSN published in the Federal Register on June 14, 2021
86 FR 31524.
The auction will be conducted in a series of rounds. At the start of each round, BOEM will state an asking price for the Lease Area. If a bidder is willing to meet that asking price, it would indicate its intent by submitting a bid equal to the asking price. A bid at the full asking price submitted in a round
E:FRFM01NON1.SGM

01NON1