The
new
power
purchase
agreement
(PPA)
carries
a
25-year
term
beginning
at
the
end
of
2012,
and
assumes
a
31%
capacity
factor
with
expected
generation
of
269GWh
per
year
by
enXco.
PG&E
says
the
PPA
price
is
below
the
market
price
referent
–
a
proxy
for
the
long-term
cost
of
energy
from
a
new
500MW
natural
gas-fired
power
plant
–
but
specific
price
information
is
confidential.
enXco,
a
subsidiary
of
French
developer
EDF
Energies
Nouvelles,
plans
to
remove
235
100kW
turbines
from
its
enXco
5
facility
in
Solano
County
to
make…
