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Home My WebLink About2021-06-25 IMC Agenda and docs INTERTIE MANAGEMENT COMMITTEE (IMC) REGULAR MEETING Friday, June 25, 2021 9:00 am Alaska Energy Authority Board Room 813 W Northern Lights Blvd, Anchorage, AK 99503 To participate dial 1-888-585-9008 and use code 212-753-619# 1. CALL TO ORDER 2. ROLL CALL FOR COMMITTEE MEMBERS 3. PUBLIC ROLL CALL 4. PUBLIC COMMENTS 5. AGENDA APPROVAL 6. APPROVAL OF PRIOR MINUTES – May 21, 2021 7. NEW BUSINESS A. Approval of the FY22 Budget 8. MEMBERS COMMENTS 9. NEXT MEETING DATE – July 30, 2021 10. ADJOURNMENT Alaska Intertie FY22 Proposed Budget FY21 Approved Proposed FY18 FY19 FY20 ACTUALS FY21 FY22 Actual Actual Actual @ 03/31/21 Budget Budget REVENUES GVEA 1,819,599 1,856,523 1,554,543 1,398,049 1,255,200 1,703,854 ML&P 285,075 146,246 237,938 101,217 231,217 CEA 298,554 166,406 258,090 240,065 250,065 225,259 MEA 350,920 247,774 448,478 352,061 434,064 361,596 INTEREST 6,636 32,412 16,611 259 TOTAL REVENUES 2,760,783 2,449,361 2,515,661 2,091,650 2,170,546 2,290,710 EXPENSES FERC 562 ‐ Station Operation Expenses GVEA ‐ Substation Electricity Usage 7,624 7,199 9,675 7,462 8,000 8,000 7,624 7,199 9,675 7,462 8,000 8,000 FERC 566 ‐ Miscellaneous Transmission Expense Private Line Telephone Service for AKI SCADA (GVEA)47,810 32,793 11,718 4,167 50,000 18,000 Cell Phone Comm. Svc for Weather Monitoring (Verizon) 11,736 12,022 12,022 8,898 15,000 12,000 SLMS Support and Intertie Ground Patrol 59,073 79,290 87,863 81,183 100,000 100,000 Misc Studies as needed (Cyber Security Study) ‐ ‐ ‐ ‐ ‐ ‐ 118,618 124,105 111,603 94,248 165,000 130,000 FERC 567 ‐ Transmission Expenses ‐ Rents Rents ‐ Alaska Railroad 700 700 700 700 700 700 MEA ‐ Talkeetna Storage 7,200 7,200 7,200 5,400 7,200 7,200 PSSE key replacement ‐ ‐ ‐ ‐ 7,900 7,900 7,900 6,100 7,900 7,900 FERC 569 Maintenance of Structures MEA ‐ Maintenance of Structures ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ FERC 570 ‐ Maintenance of Station Equipment GVEA ‐ Perform Maintenance ‐ Healy, Cantwell, Goldhil 46,976 14,892 104,224 98,366 65,000 74,340 GVEA ‐ SCADA Maintenance Healy, Cantwell, Gold Hill 6,265 1,790 ‐ ‐ 5,000 5,000 GVEA ‐ Healy, Teeland, Goldhill Dampers ‐ ‐ 59,016 ‐ ‐ ‐ GVEA ‐ Healy and Goldhill Digital Fault Recorders ‐ ‐ ‐ ‐ ‐ 90,000 GVEA ‐ Healy SVC Fire Alarm Panel Replacement ‐ 1,697 ‐ ‐ ‐ ‐ GVEA ‐ Gold Hill SVC Cooling ‐ ‐ ‐ ‐ ‐ 65,000 GVEA ‐ Cantwell Install Breakers or Load Break Switches ‐ ‐ ‐ ‐ 266,000 GVEA ‐ Cantwell 4S2 Switch Repair 3,778 ‐ ‐ ‐ ‐ GVEA ‐ Replace Battery Goldhill SVC 3,272 ‐ ‐ ‐ ‐ GVEA ‐ Perform Maintenance, repaint Reactors Healy SVC Yard 6,785 19,820 60,414 127,717 10,000 ‐ GVEA ‐ Perform Maintenance, repaint Reactors Gold Hill SVC Yard ‐ ‐ ‐ ‐ ‐ 80,000 GVEA ‐ Cantwell RTU, Recloser, & Transformer Protection replacement ‐ ‐ ‐ ‐ ‐ ‐ GVEA ‐ Cantwell Standby Generator Replacement 29,016 75,000 CEA ‐ Teeland Substation 70,882 82,890 113,849 115,680 90,000 85,000 MEA ‐ Douglas Substation 72,440 91 96 18,667 4,000 ‐ MEA ‐ Douglas Substation 138 kV Bus Repair & BKR Inspections 75,000 MEA ‐ Douglas Substation Breaker Replacement 119,645 ‐ ‐ ‐ ‐ GVEA ‐ Douglas Substation OOS relaying and communications 610 ‐ ‐ 50,000 ‐ CEA ‐ Telecomm Support (Douglas, Teeland, Anc‐Fbks Leased Circuits)31,403 2,125 ‐ ‐ 10,000 ‐ 362,057 123,305 337,598 389,445 384,000 665,340 FERC 571 ‐ Maintenance of Overhead Lines GVEA ‐ Northern Maintenance 42,580 147,299 37,171 15,059 130,000 78,000 GVEA ‐ Northern ROW Clearing 15,321 99,382 89,493 36,721 130,000 73,000 GVEA ‐ Repair Tower 748 486,740 677,877 ‐ ‐ ‐ MEA ‐ Special Patrols [Incl Helicopter Inspections]‐ 4,571 ‐ 3,000 5,000 MEA ‐ Southern Maint (Incl Ground and Climbing Inspect)187,283 181,802 97,175 12,601 160,485 200,000 MEA ‐ Southern ROW Clearing 39,184 76,703 38,023 228,413 125,000 150,000 MEA ‐ Equipment Repair and Replacement ‐ 16,521 771,942 850,000 640,000 771,108 1,187,634 278,383 1,064,736 1,398,485 1,146,000 FERC 924 ‐ Property Insurance AK Intertie ‐ Insurance 35,466 33,909 36,253 21,369 44,000 35,650 35,466 33,909 36,253 21,369 44,000 35,650 Intertie Operating Costs Total 1,302,773 1,484,052 781,413 1,583,361 2,007,385 1,992,890 FERC 570 ‐ Maintenance of Station Equipment MEA ‐ Replace Protective Relay Schemes Douglas 843,382 6,324 ‐ ‐ ‐ ‐ 843,382 6,324 ‐ ‐ ‐ ‐ Intertie Cost of Improvements Total 843,382.08 6,324 ‐ ‐ ‐ ‐ FERC 920 ‐ AEA Administrative Costs Personal Services, Travel and Other Costs 99,383 85,139 101,058 103,738 90,000 100,000 99,383 85,139 101,058 103,738 90,000 100,000 FERC 920 ‐ IMC Administrative Costs IMC Administrative Costs (Audit, meetings, legal) 22,364 18,211 11,533 9,996 40,000 17,500 22,364 18,211 11,533 9,996 40,000 17,500 FERC 566 ‐ Miscellaneous Transmission Expense Misc Studies: System Reserves Study, PSS/E maint, AGC Study 15,680 20,719 69,023 68,978 290,000 200,000 LIDAR study (complete lidar, vegetation, PLS CADD file with drawings, structure/foundation movement, infrared, and imaging) 226,125 300,000 ‐ 15,680 20,719 69,023 295,103 590,000 200,000 Intertie Administration Costs Total 137,427 124,069 181,614 408,836 720,000 317,500 TOTAL EXPENSE 2,283,583 1,614,445 963,027 1,992,198 2,727,385 2,310,390 SURPLUS (SHORTAGE) 477,200 834,916 1,552,634 99,452 (556,839) (19,680) 5/24/2021 1 of 3 Alaska Intertie FY22 Proposed Budget True up toContract GVEAMEACEATOTALUSAGE CAPACITYADMINCASH FLOWMONTH Value MWH MWH MWH MWH GVEAMEACEAGVEAMEACEAGVEA | MEA |CEATOTALSJul1,620 11,050 1,7950 14,465 $97,903 $15,904 $0 $164,580 $45,365 $119,426 $26,459 $469,637Aug1,620 8,973 2,0080 12,601 $79,501 $17,791 $0 $26,459 $123,751Sep1,620 13,749 1,9520 17,321 $121,816 $17,295 $0 $26,459 $165,570Oct1,621 28,741 1,8210 32,183 $254,645 $16,134 $0 $26,459 $297,238Nov1,621 10,171 1,7860 13,578 $90,115 $15,824 $0 $26,458 $132,397Dec1,621 8,962 2,0480 12,631 $79,403 $18,145 $0 $26,458 $124,006Jan1,621 12,043 2,3950 16,059 $106,701 $21,220 $0 $26,458 $154,379Feb1,621 8,513 2,0700 12,204 $75,425 $18,340 $0 $26,458 $120,223Mar1,621 5,617 2,1680 9,406 $49,767 $19,208 $0 $26,458 $95,433Apr1,621 12,448 1,7980 15,867 $110,289 $15,930 $0 $26,458 $152,677May1,621 9,247 1,9660 12,834 $81,928 $17,419 $0 $26,458 $125,805Jun1,621 32,274 1,9400 35,835 $285,948 $17,188 $0 $26,458 $329,594TOTAL 19,449 161,788 23,747 0 204,984 $1,433,441 $210,398 $0 $164,580 $45,365 $119,426 $317,500 $2,290,710Total Energy: $1,643,839 Total Capacity : $329,371204,984MWH187,902MWH204,984MWHTOTAL MWH REVENUE 2,290,710$ O&M BUDGET - Operating 1,992,890 O&M BUDGET - Administrative 317,500 UTILITYFY 22TOTAL O&M BUDGET 2,310,390 MEA 27.50% 21.50 MWSURPLUS (SHORTAGE) (19,680)$ CEA 72.50% 56.60 MWGVEA 100.00% 78.00 MWAnnual Participant Administrative Contribution 105,833$ 156.1Monthly Contribution per Participant 8,819.44$ Usage Rate per KWH 0.00886$ Capacity Rate $2.11Section 7.2.2 MINIMUM USAGE CONTRACT VALUEALASKA INTERTIE FISCAL YEAR 2022ENERGY PROJECTIONTOTAL INTERTIE PROJECTED ENERGY USAGE Usage estimate reduced by 1/12 of Total for rate calculations 5/24/2021 Alaska Intertie FY22 Proposed Budget Annual System Demand18-19 19-20 20-21 3 YR AVG.SOUTHERN UTILITY PARTICIPANTS (MW)DRAFTAPPROVEDAPPROVEDAPPROVEDCEA375.4 364.5 366.0 368.6 MW 6/30/2022 6/30/2021 6/30/2020 6/30/2019MEA137.0 137.0 145.0 139.7 MW UNITS FY22 FY21 FY20 FY19USAGEKWH 187,902,000 187,902,000 187,902,000 297,441,000BUDGET$ 1,992,890 2,007,385 2,168,391 2,024,298 MITCRKW 156,100 156,000 156,000 156,100 TOTAL508.3 MWENERGY (A)$.000/KWH $0.00886 $0.00892 $0.00964 $0.00568NORTHERN UTILITY PARTICIPANTS (MW)CAPACITY (B)$/KW $2.11 $2.12 $2.29 $2.14GVEA200 191 204 198.3 MWTOTAL198.3 MWMITCR DETERMINATIONFY 22 KWHCAP RATECAP CHARGESMEA 27.50% 21.50 MW 21,500 $2.11 45,365.00 CEA72.50% 56.60 MW 56,600 $2.11 119,426.00 GVEA100.00% 78.00 MW 78,000 $2.11 164,580.00 156.10 MW 156,100 329,371.00 (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 20225/24/2021