Electric Transmission Texas, LLC. Transmission Summit 2014

Transcription

1 Electric Transmission Texas, LLC Transmission Summit

2 Electric Transmission Texas, LLC ETT is a joint venture between subsidiaries of American Electric Power (NYSE: AEP) and MidAmerican Energy Holdings Company ETT was formed in 2007 Began with asset transfers from AEP Continued growth through: Project Transfers from AEP Texas Competitive Renewable Energy Zones ( CREZ ) Organic Growth

3 AEP Transmission AEP owns the largest transmission system in the United States, delivering electricity to more than five million customers Service territory covers approximately 200,000 square miles in 11 states Over 97,000 square miles in Texas More than 39,000 circuit miles of transmission lines, including over 2,100 circuit miles of 765-kV transmission More 765-kV than all other U.S. utilities combined AEP Transmission is an advocate of efficient transmission systems and technological innovation Leadership in emerging markets, project development and technology AEP Transmission manages a robust portfolio of transmission assets and investments. Newly established transmission-only entities provide greater transparency to investors and allow AEP to aggregate transmission growth.

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5 ETT COMPETITIVE RENEWABLE ENERGY ZONES (CREZ) TRANSMISSION FACILITIES

6 ETT CREZ Facilities 465 Miles of 345-kV transmission lines 3 Default CREZ 139-kV upgrades (178 miles) 7 Stations 4 Compensation Stations 6 Reactive compensation devices 3 Capacitor banks 2 Static VAR Compensators ( SVCs ) ETT is responsible for 20% of the total CREZ plan and majority of advanced technologies 6

7 ETT CREZ Assignments 2,890 poles, more than 60,000 tons 192,000 bolts for poles 5,711 miles of conductor 2,890 reels of conductor

8 ETT CREZ LINES Clear Crossing to Dermott 90.1 miles Energized October 24, 2013 Tesla to Riley 65.6 miles Energized August 13, 2013 Riley to Edith Clarke 41.5 miles Energized July 31,

9 ETT CREZ LINES Edith Clarke to Cottonwood 88.4 miles Energized December 4, 2013 Tesla to Edith Clarke 55 miles Energized August 20, 2013 Edith Clarke to Clear Crossing 79.2 miles Energized October 22, 2013 Clear Crossing to West Shackelford 33.7 miles Energized November 21,

10 Tesla Energized on August 13, MVAR Shunt Reactors 316 MVAR Shunt Capacitors SVC 10

11 Edith Clarke 200 MVAR Shunt Reactors 316 MVAR Shunt Capacitors Energized on July 31, 2013

12 Clear Crossing 300 MVAR Shunt Reactors Energized on October 15,

13 Riley 200 MVAR Shunt Reactors 316 MVAR Shunt Capacitors Energized on March 25,

14 Oklaunion New 345-kV Breaker Energized on November 2011

15 CREZ Advanced Technologies 4 Series Compensation Stations 6 Reactive Capacitor Devices 3 Capacitor Banks 2 Static Var Compensators 23 Shunt Reactors

16 Successes Program Management Approach (URS) Weekly Steering Committee resolve issues/focus ROW acquisition before mobilization Early open house discussion Fair offers/one-on-one negotiations Few condemnations Weekly tracking/prioritization Drop-in control houses Minimized field wiring Optimized P&C technician time 16

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18 Successes (cont.) Early procurement (poles and conductor) Using one size conductor for all lines Two large storage yards Logistic surveys in advance of delivery to sites Community relations Agility Study Presentation Provided single point-of-contact for public 18

19 Successes (cont.) Early contracting with large contractors with nationwide reach Locked-in resources Setting pricing baseline for construction Managing multiple projects as one program Consistent tools One execution plan Lessons learned Early risk workshop with stakeholders Cash flow alignment between program manager and ETT finance 19

20 Lobo to Rio Bravo to North Edinburg 345-k V line 20

21 What s Next? Cross Valley Project CCN approval pending Joint project with Sharyland Utilities Barney Davis to Naval Air Station Proposed filing date March kV line in Corpus Christi Anticipated completion Summer

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