Commence Commercial Operations, Including Commissioning and Successful Testing of a New Primary Aluminum…

Description

1. Commence Commercial Operations, Including Commissioning and Successful Testing of a New Primary Aluminum Smelting and Processing Facility That Integrates Best-IN-Class Commercial Technology, Allows for Load Flexibility as Described in Objective 2 Below, and Includes the Ability to Use Intermittent Renewable Wind or Solar Energy as Described in Objective 3 Below to Produce Approximately 500,000 Tons Per Year of High-Quality Primary Aluminum, Including Approximately 20,000 Tons Per Year of High-Purity Aluminum (P0303 Grade, Equivalent, or Better) Suitable for National Defense Applications. 2. Prove, with Assistance from the Utility Provider, the Facility’s Ability to Modulate Its Electrical Load by Between 50 – 250 Megawatts (Mw) Composed of at Least 100,000 MW-Hours of Total Load Shifting, with at Least 10 Load Shifting Demonstrations of 250MW for 4 Continuous Hours. 3. Demonstrate the Smelter’s Sourcing and Use of at Least 25%, and Up to 75% or More, Intermittent Renewable Wind or Solar Energy While Operating at Scale for Sustained Continuous Periods Determined by Technical Feasibility, Totaling No Less Than 4,000 Hours. 4. Demonstrate, Quantify, and Verify Carbon Intensity of 2.9 Metric Tons (MT) Carbon Dioxide Equivalent (CO2E)/TONNE of Primary Aluminum by the End of 2030, Consistent with a 75% Reduction in Associated Carbon (CO2E) Intensity Reduction from the 2021 World Global Primary Average Baseline of 13.3 MT CO2E/TONNE. 5. Demonstrate Market Offtake Valuing Low-Carbon Attributes and Cost-Effective Production of Domestic, Low-Carbon Primary Aluminum, Evaluated by Unit Economics, Capital Expenditures, and Operating Costs. 6. Demonstrate Impact of Energy Attribute Credits (Eacs) Like Renewable Energy Certificates (Recs), Alternate Energy Credit (Aecs), or Zero Emissions Credits (Zecs) and Modulating Electricity Use, Evaluated by Associated Revenue, Capital Expenditures, and Operating Costs. 7. Generate Approximately 1,000 Quality, Union-Represented Manufacturing Jobs with at or Above Prevailing Wages and Benefits Unless Otherwise Provided for Under an Agreed Upon Collective Bargaining Agreement and Approximately 5,500 Construction Jobs Welcoming Unionized Contractors. Ensure a Skilled and Trained Workforce by Developing On-The-Job Training and Apprenticeship Programs Focusing on Displaced Energy or Manufacturing Workers and Workers from Disadvantaged and Underrepresented Communities by Engaging the United Steelworkers, Community Colleges, and State-Based Workforce Development Programs. 8. Ensure Engagement with and That Tangible Benefits Flow to the Surrounding Community Including Economic Opportunity and Investment, Job Creation, and Workforce Development Through Pursuit of a Negotiated Community Agreement, as Applicable.