edin conference presentation november 16, 2010

1. EDIN Conference Presentation – November 16, 2010

4. Alpine Project Plan MSW = Municipal Solid Waste RDF = Refuse Derived Fuel tpd = tons per dayMSW = Municipal Solid Waste RDF = Refuse Derived Fuel tpd = tons per day

5. Project Goals Reduce dependence on fuel oil for power generation Work with WMA to close Anguilla and Bovoni landfills As part of the project, WAPA’s transmission system will be upgraded Lower emissions as compared to current generation on St. Croix and St. Thomas Power that is reliable and available 24/7 Lower the price of power for the USVI

6. Alpine is looking at 2 site options on the South Shore of St. Croix, close to the airport, near the Anguilla landfill. Point out current site and Renaissance site, airport, and anguilla. Alpine is currently working with St. Croix Renaissance Group to complete a lease agreement for their site The sites are located in close proximity to docking facilities, which should facilitate the transport of St. Thomas RDF and other commodities to be shipped on island. Point out the two docking facilities.Alpine is looking at 2 site options on the South Shore of St. Croix, close to the airport, near the Anguilla landfill. Point out current site and Renaissance site, airport, and anguilla. Alpine is currently working with St. Croix Renaissance Group to complete a lease agreement for their site The sites are located in close proximity to docking facilities, which should facilitate the transport of St. Thomas RDF and other commodities to be shipped on island. Point out the two docking facilities.

7. Agenda Project Overview Technology Summary WastAway Power Generation Environmental Current Project Status

9. MSW to RDF Conversion Process Conversion of Municipal Solid Waste into Refuse Derived Fuel, or “Fluff®”, using the proven BouldinCorp technology Recycling upside and lower ash content vs. mass burn Process reduces moisture in the fuel, results in a more reliable operation Separate facilities in St. Thomas and St. Croix, both facilities will have storage for the pelletized RDF

10. Power Generation Process State-of-the-art combustion process with best available pollution controls used to convert fuel into steam and electricity RDF converted into at least 16.5MW for distribution on St. Croix; represents roughly 30% of the power for the island Capable of using other alternative and waste fuels from the island: biomass, yard trimmings, tires, rum bottoms, etc. Power generation from RDF provides renewable energy and cost savings as compared to traditional WAPA oil-fired power plants

12. Before Alpine can break ground at either Anguilla or Bovoni, a number of permits and approvals are required. Alpine must submit detailed engineering plans, environmental studies, and impact analyses to several federal and local agencies. These agencies are responsible for implementing environmental regulations, and implementation of these regulations over the last 40 plus years has resulted in significant environmental benefits in the Unites States. The environmental permit application process for these projects began in the Fall of 2009. Alpine has submitted process description, detailed design plans, air emissions calculations, wastewater discharge information, a review of the proposed control technology and other items for review. In turn, the regulatory agencies have responded with questions about the information submitted and highlighted areas where additional information is needed. Alpine has made good faith efforts to respond to these questions in a timely manner. The permitting process for these types of facilities is long and iterative. This iterative process is necessary to ensure the goals of both Alpine and the regulatory agencies, which are production of electricity in a safe and environmentally responsible manner..Before Alpine can break ground at either Anguilla or Bovoni, a number of permits and approvals are required. Alpine must submit detailed engineering plans, environmental studies, and impact analyses to several federal and local agencies. These agencies are responsible for implementing environmental regulations, and implementation of these regulations over the last 40 plus years has resulted in significant environmental benefits in the Unites States. The environmental permit application process for these projects began in the Fall of 2009. Alpine has submitted process description, detailed design plans, air emissions calculations, wastewater discharge information, a review of the proposed control technology and other items for review. In turn, the regulatory agencies have responded with questions about the information submitted and highlighted areas where additional information is needed. Alpine has made good faith efforts to respond to these questions in a timely manner. The permitting process for these types of facilities is long and iterative. This iterative process is necessary to ensure the goals of both Alpine and the regulatory agencies, which are production of electricity in a safe and environmentally responsible manner..

13. Types of Pollution Control Alpine is planning to use the best available control technology for pollution control

14. Pollutants

15. Modeled Impact vs. EPA Acceptable Impact

16. Testing/Monitoring Requirements Continuous monitors for NOX, SO2, CO, and Opacity Compliance testing for particulates, lead, mercury, cadmium, acid gases, and dioxin/furan Devices to continuously monitor and control materials used for pollution control – lime, activated carbon, ammonia, etc. Fuel testing to determine pollutant concentration prior to combustion Training and certification for operators as required by EPA Monthly emission reports and semiannual compliance reports submitted to DPNR Community oversight as part of the Waste Management contract

19. Thank you!