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Home My WebLink About2019-06-18 IMC Agenda and docs INTERTIE MANAGEMENT COMMITTEE (IMC) TELECONFERNCE SPECIAL MEETING AGENDA Tuesday, June 18, 2019 3:00 p.m. Alaska Energy Authority Board Room 813 W Northern Lights Blvd, Anchorage, AK 99503 To participate dial 1-888-585-9008 and use code 134-503-899# 1. CALL TO ORDER 2. ROLL CALL FOR COMMITTEE MEMBERS 3. PUBLIC ROLL CALL 4. PUBLIC COMMENTS 5. AGENDA APPROVAL 6. NEW BUSINESS A. FY20 PRELIMINARY OPERATING BUDGET 8. MEMBERS COMMENTS 9. NEXT MEETING DATE – July 26, 2019 10. ADJOURNMENT Alaska Intertie FY20 Proposed Budget Proposed FY20 Budget REVENUES GVEA 1,220,275 ML&P 220,186 CEA 233,914 MEA 356,447 INTEREST TOTAL REVENUES 2,030,822 EXPENSES FERC 562 ‐ Station Operation Expenses GVEA ‐ Substation Electricity Usage 8,000 Per GVEA 8,000 FERC 566 ‐ Miscellaneous Transmission Expense Private Line Telephone Service for AKI SCADA (GVEA)60,000 Per GVEA Cell Phone Comm. Svc for Weather Monitoring (Verizon)15,000 Per AEA SLMS Support and Intertie Ground Patrol 100,000 Per AEA 175,000 FERC 567 ‐ Transmission Expenses ‐ Rents Rents ‐ Alaska Railroad 700 Fixed MEA ‐ Talkeetna Storage 7,200 Fixed 7,900 FERC 569 Maintenance of Structures MEA ‐ Maintenance of Structures 250,000 Per MEA 250,000 FERC 570 ‐ Maintenance of Station Equipment GVEA ‐ Healy, Cantwell, Goldhill 63,812 Per GVEA GVEA ‐ Healy, Teeland, Goldhill Dampers 50,000 Per GVEA GVEA ‐ SCADA Maintenance Healy, Cantwell, Gold Hill 10,000 Per GVEA GVEA ‐ Perform Maintenance, repaint Reactors Healy SVC Yard 10,000 Per GVEA CEA ‐ Teeland Substation 96,000 Per CEA MEA ‐ Douglas Substation 5,000 Per MEA CEA ‐ Telecomm Support (Douglas Substation Communications)5,000 Per CEA 239,812 FERC 571 ‐ Maintenance of Overhead Lines GVEA ‐ Northern Maintenance 125,000 Per GVEA GVEA ‐ Northern ROW Clearing 75,000 Per GVEA MEA ‐ Special Patrols [Incl Helicopter Inspections]25,000 Per MEA MEA ‐ Southern Maint (Incl Ground and Climbing Inspect)340,000 Per MEA MEA ‐ Southern ROW Clearing 125,000 Per MEA MEA ‐ Equipment Repair and Replacement 60,000 Per MEA 750,000 FERC 924 ‐ Property Insurance AK Intertie ‐ Insurance 42,861 Per AEA (Gen Liab/Commercial Umbrella) & MEA (includes Aviation) 42,861 Intertie Operating Costs Total 1,473,573 FERC 920 ‐ AEA Administrative Costs Personal Services, Travel and Other Costs 89,000 Per AEA 89,000 FERC 920 ‐ IMC Administrative Costs IMC Administrative Costs (Audit, meetings, legal) 40,000 Per IMC Chair 40,000 FERC 566 ‐ Miscellaneous Transmission Expense Misc. System Studies 300,000 per IOC LIDAR survey 300,000 per IOC 600,000 Intertie Administration Costs Total 729,000 TOTAL EXPENSE 2,202,573 SURPLUS (SHORTAGE) (171,751) 5/17/2019 1 of 3 True up toContract GVEAMEACEAML&P TOTALUSAGE CAPACITYADMINCASH FLOWMONTH Value MWH MWH MWH MWH MWH GVEACEAMEAGVEAMEAML&P CEAGVEA | MEA | ML&P | CEATOTALSJul3,616 8,750 2,0800 0 14,446 $57,313 $0 $13,624 $121,680 $32,080 $37,936 $51,664 $60,750 $375,047Aug3,616 6,300 1,9490 0 11,865 $41,265 $0 $12,766$60,750 $114,781Sep3,616 7,500 1,8950 0 13,011 $49,125 $0 $12,412$60,750 $122,287Oct3,616 10,500 1,5480 0 15,664 $68,775 $0 $10,139$60,750 $139,664Nov3,616 10,500 1,2380 0 15,354 $68,775 $0 $8,109$60,750 $137,634Dec3,616 9,100 1,4840 0 14,200 $59,605 $0 $9,720$60,750 $130,075Jan3,616 11,750 2,0610 0 17,427 $76,963 $0 $13,500$60,750 $151,212Feb3,615 13,500 1,9040 0 19,019 $88,425 $0 $12,473$60,750 $161,648Mar3,615 7,000 1,9920 0 12,607 $45,850 $0 $13,048$60,750 $119,648Apr3,615 32,000 1,6850 0 37,300 $209,600 $0 $11,037$60,750 $281,387May3,615 7,500 1,9440 0 13,059 $49,125 $0 $12,733$60,750 $122,608Jun3,615 15,500 1,9170 0 21,032 $101,525 $0 $12,556$60,750 $174,831TOTAL 43,387 139,900 21,697 0 0 204,984 $916,345 $0 $142,117 $121,680 $32,080 $37,936 $51,664 $729,000 $2,030,822Total Energy: $1,058,462 Total Capacity : $243,360204,984MWH187,902MWHTOTAL MWH REVENUE $2,030,822204,984MWHO&M BUDGET - Operating 1,473,573 0ckO&M BUDGET - Cost of Improvements - O&M BUDGET - Administrative 729,000 TOTAL O&M BUDGET 2,202,573 UTILITYFY 20SURPLUS (SHORTAGE) (171,751) MEA 26.36% 20.56 MWML&P 31.18% 24.32 MWAnnual Participant Administrative Contribution 182,250 CEA 42.46% 33.12 MWMonthly Contribution per Participant 15,187.50 GVEA 100.00% 78.00 MW156.0(SURPLUS) SHORTAGEUsage Rate per KWH 0.00655$ GVEAMEACapacity Rate $1.56% of energy usage paid 86.57% 13.43%Revenue deficiency owed to Intertie at year end $148,690 $23,061All revenue sources totaled by UtilityGVEAMEAML&P CEA$1,368,965 $379,508 $220,186 $233,914Total all revenue sources: $2,202,573Section 7.2.2 MINIMUM USAGE CONTRACT VALUEALASKA INTERTIE FISCAL YEAR 2020ENERGY PROJECTIONTOTAL INTERTIE PROJECTED ENERGY USAGE Usage estimate reduced by 1/12 of Total for rate calculations 5/17/20192 of 3 Annual System Demand16 17 17 18 18 19 3 YR AVG.SOUTHERN UTILITY PARTICIPANTS (MW)ML&P 166.0 163.0 151.0 160.0 MW Proposed AMENDED APPROVED APPROVED APPROVED APPROVEDCEA 227.9 212.4 213.5 217.9 MW 6/30/2020 6/30/2019 6/30/2019 6/30/2018 6/30/2017 6/30/2016MEA141.0 128.0 137.0 135.3 MW UNITS FY20 FY19 FY19 FY18 FY17 FY16USAGEKWH 187,902,000 297,441,000 187,902,000 422,262,000 357,388,000 167,958,000BUDGET$ 1,473,573 2,024,298 2,384,298 1,529,178 1,089,145 1,255,900 MITCRKW 156,000 156,000 156,000 156,000 156,000 156,000 TOTAL 513.2 MWENERGY (A)$.000/KWH $0.00655 $0.00024 $0.01060 $0.00302 $0.00254 $0.00624NORTHERN UTILITY PARTICIPANTS (MW)CAPACITY (B)$/KW $1.56 $2.52 $2.52 $1.62 $1.15 $1.33GVEA 205 207 200 204.0 MWTOTAL 204.0 MWMITCR DETERMINATIONFY20 KWHCAP RATECAP CHARGESMEA 26.36% 20.56 MW 20,564 $1.56 32,079.70 ML&P 31.18% 24.32 MW 24,318 $1.56 37,936.09 CEA 42.46% 33.12 MW 33,118 $1.56 51,664.21 GVEA 100.00% 78.00 MW 78,000 $1.56 121,680.00 156.00 MW 156,000 243,360.00 `(A) See Section 7.2.5 AK Intertie Agreement(B) See Section 7.2.6 AK Intertie AgreementMINIMUM INTERTIE TRANSFER CAPABILITY RIGHTS(MITCR) DETERMINATIONFOR FISCAL YEAR 20205/17/20193 of 3