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How will Riverbank construct this facility using what they are calling their Aquabank technology?

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How will Riverbank construct this facility using what they are calling their Aquabank technology?

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10

They refer to it as a proven approach, but seem careful and purposeful to avoid referring to this as proven technology. Riverbank should be required to show evidence of its proven success with their Aquabank prior to receiving any permits to construct and operate such a facility at this site, or any other location in the United States. Has Riverbank demonstrated that there is a need for this project? Has Riverbank or the governing energy bodies conducted any studies to prove its current and future need? Riverbanks premise is to supply additional power to serve peak energy demand. The State of New Jerseys Energy Master Plan, released on October 22, 2008, has made Reducing Peak Electricity Demand its #2 goal (specifically, reducing peak demand by 5,700MW by 2020), after its #1 goal to Maximize Energy Conservation and Energy Efficiency. We believe no permits for this project should be granted without studying whether this proposed facility is needed now or will be needed in the future. We

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