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Materials from Interviews with Dry Cooling System Operators Boulder City benefits from profit-sharing incentives, a 20-year land lease that generates $800,000 in revenue per year and a power-purchase agreement. According to Boulder City Mayor Bob Ferraro, the revenue the city receives will help ensure the preservation of the unique quality of life that the historic town has maintained since Hoover Dam was built. “El Dorado Energy’s partners – Sempra Energy and Reliant Energy – have lived up to their promises to be good corporate citizens," Ferraro said. "The land-lease agreement has produced substantial revenue for Boulder City, which has been particularly beneficial given our previous budgetary situation. The companies have fulfilled their commitment to this community by funding an aggressive tree-planting effort, providing funds to pave Boulder City alleys and generously supporting a multitude of Boulder City community organizations and events. "Reliant Energy (NYSE: REI), based in Houston, Texas, is an international energy services and energy delivery company with $15.3 billion in annual revenue and assets totaling more than $26 billion. The company has a wholesale energy trading and marketing business that ranks among the top five in the U.S. in combined electricity and natural gas volumes and has a presence in most of the major power regions of the U.S. It also has power generation and wholesale trading and marketing operations in western Europe. Sempra Energy Resources acquires and develops power plants for the competitive market, as well as natural gas storage, production and transportation assets. Sempra Energy Resources is a subsidiary of Sempra Energy (NYSE: SRE), a San Diego-based Fortune 500 energy services holding company, with 12,000 employees, revenues of nearly $5.5 billion and more than 9 million customers in the United States, Europe, Canada, Mexico and South America. (Sempra Energy Resources and El Dorado Energy are not the same companies as the utilities, SDG&E/SoCalGas, and are not regulated by the California Public Utilities Commission.) C-21PDF Image | Comparison of Alternate Cooling Technologies for California Power Plants Economic, Environmental and Other Tradeoffs
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