HomeMy WebLinkAbout2025-01-17 IMC Agenda and docs INTERTIE MANAGEMENT COMMITTEE (IMC) REGULAR MEETING
January 17, 2025
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. AGENDA APPROVAL
5. PUBLIC COMMENTS
6. APPROVAL OF PRIOR MINUTES – December 6, 2024
7. NEW BUSINESS
A. Budget Amendments
i. Douglas Enclosure
ii. Healy SVC
iii. Cantwell transmission load-break switches
B. Budget Process
i. Periodic review and revision
C. Process for collecting funds for grants
8. OLD BUSINESS
A. Primary Frequency Response
9. COMMITTEE REPORTS
A. Budget vs. Actuals Mark Ziesmer
B. IOC Committee Bill Price
C. Operator Report Russell Thornton
10. MEMBERS COMMENTS
11. NEXT MEETING DATE – March 21, 2025
12. ADJOURNMENT
Alaska Energy Authority
Alaska Intertie
Date: January 17, 2025
Proposed FY2025 Budget Amendment 1
Page 1 of 10
Proposed FY2025 Budget Amendment 1 Summary
ALASKA ENERGY AUTHORITY
ALASKA INTERTIE
Proposed FY2025 Budget Amendment 1 Contents
Description Page #
Budget Summary 3
O&M Budget 4-5
Grant Budget 6
Proposed FY25 Amend 1 Usage Projection 7
Approved FY25 Usage Projection 8
Proposed FY25 Amend 1 AK Intertie MITCR 9
Approved FY25 AK Intertie MITCR 10
Page 2 of 10
Proposed FY2025 Budget Amendment 1
Proposed Budget Summary
PROPOSED FY25 AMEND 1
Revenues O&M Grant Total Total GVEA Total CEA Total MEA Total HEA Total
Revenue from Operations 4,345,270 - 4,345,270 3,061,282 462,878 821,110 - 4,345,270
Grant Match - 120,195 120,195 101,745 5,018 13,433 4,805 120,195
4,345,270 120,195 4,465,465 3,163,027 467,896 834,542 4,805 4,465,465
Expenses
Operations 3,271,100 - 3,271,100
Admin 825,000 - 825,000
Grant - 120,195 120,195
4,096,100 120,195 4,216,295
Surplus/(Shortage) 249,170 - 249,170
APPROVED BUDGET
Revenues O&M Grant Total Total GVEA Total CEA Total MEA Total HEA Total
Revenue from Operations 3,966,365 - 3,966,365 2,838,837 431,626 695,903 - 3,966,365
Grant Match - 536,362 536,362 442,794 32,859 60,709 4,805 536,362
3,966,365 536,362 4,502,727 3,281,630 464,485 756,612 4,805 4,502,727
Expenses
Operations 2,957,100 - 2,957,100
Admin 785,000 - 785,000
Grant - 536,362 536,362
3,742,100 536,362 4,278,462
Surplus/(Shortage) 224,265 - 224,265
(Total Paid by Utilities)
(Total Paid by Utilities)
Page 3 of 10
Proposed FY2025 Budget Amendment 1
FY25 Approved Proposed Proposed
FY23 FY24 Actual FY25 FY25 FY25
Actual Actual @11/30/24 Budget Changes Budget Amend 1
REVENUES
GVEA 1,632,539 3,896,647 1,369,915 2,838,837 222,446 3,061,282
CEA 405,435 471,717 278,987 431,626 31,252 462,878
MEA 450,409 674,787 325,349 695,903 125,207 821,110
INTEREST 58,625 106,406 69,470 - - -
OTHER 27,357 113,875 -
TOTAL REVENUES 2,574,364 5,263,432 2,043,721 3,966,365 378,905 4,345,270
EXPENSES
FERC 562 - Station Operation Expenses
GVEA - Substation Electricity Usage 478 - - - - -
478 - - - - -
FERC 566 - Miscellaneous Transmission Expense
Private Line Telephone Service for AKI SCADA (GVEA)5,788 2,315 4,001 6,000 - 6,000
Cell Phone Comm. Svc for Weather Monitoring (Verizon)11,983 12,007 - 13,000 - 13,000
SLMS Support and Intertie Ground Patrol 145,346 133,342 - 175,000 - 175,000
163,116 147,664 4,001 194,000 - 194,000
FERC 567 - Transmission Expenses - Rents
Rents - Alaska Railroad 1,500 1,000 1,000 1,000 - 1,000
MEA - Talkeetna Storage 7,200 7,200 3,000 7,200 - 7,200
Equipment Rental 102 - - - - -
8,802 8,200 4,000 8,200 - 8,200
FERC 569 Maintenance of Structures
MEA - Maintenance of Structures - 5,204 - 550,000 (400,000) 150,000
- 5,204 - 550,000 (400,000) 150,000
FERC 570 - Maintenance of Station Equipment
GVEA - HLSB17 Sync PT Replacement - - - 25,000 - 25,000
GVEA - Healy, Cantwell, Goldhill 141,248 80,624 - 64,500 - 64,500
GVEA - SCADA Maintenance Healy, Cantwell, Gold Hill 1,120 - - - -
GVEA - Replace Healy Substation Breaker B17 - - - 350,000 - 350,000
GVEA - Healy and Goldhill Digital Fault Recorders - 6,046 - - - -
GVEA - Gold Hill SVC Cooling - 2,059 - - - -
GVEA - Cantwell Install Breakers or Load Break Switches - - - 306,000 344,000 650,000
GVEA - Cantwell 4S2 Switch Repair 43,217 748 - - - -
GVEA - Perform Maintenance, repaint Reactors Healy SVC Yard 4,472 - - - - -
GVEA - Intertie - SVC Project - - 50,000 70,000 120,000
CEA - Teeland Substation Communication - 6,787 - 5,000 - 5,000
CEA - Teeland Substation 74,128 168,737 56,712 170,000 - 170,000
CEA - Douglas Substation Communication - - 1,578 2,400 - 2,400
MEA - Douglas Substation - 5,181 5,807 - 300,000 300,000
MEA - Douglas Substation 138 kV BKR Inspections - - - 25,000 - 25,000
263,065 271,301 64,097 997,900 714,000 1,711,900
FERC 571 - Maintenance of Overhead Lines
GVEA - Northern Maintenance 99,464 99,237 - - - -
GVEA - Northern ROW Clearing 328,252 626,189 - 550,000 - 550,000
GVEA - Northern ROW Remote Sensing and Analysis - 335,516 - - - -
GVEA - Landing Pads - - - 75,000 - 75,000
GVEA - Repair Tower 531 Foundation - 154,915 - - - -
GVEA - Repair Tower 532 Foundation - 154,915 - - - -
Page 4 of 10
GVEA - Helicopter Patrols - - - 80,000 - 80,000
MEA - Special Patrols [Incl Helicopter Inspections]11,603 6,510 19,982 15,000 - 15,000
MEA - Southern Maint (Incl Ground and Climbing Inspect)78,729 - - 140,000 - 140,000
MEA - Southern ROW Clearing 525,520 287,124 47,854 300,000 - 300,000
MEA - Southern ROW Remote Sensing and Analysis - 104,849 5,561 10,000 - 10,000
MEA - Equipment Repair and Replacement 803,393 152,755 - - - -
1,846,961 1,922,010 73,397 1,170,000 - 1,170,000
FERC 924 - Property Insurance
AK Intertie - Insurance 40,178 42,558 14,476 37,000 - 37,000
40,178 42,558 14,476 37,000 - 37,000
Intertie Operating Costs Total 2,322,601 2,396,938 159,971 2,957,100 314,000 3,271,100
FERC 570 - Maintenance of Station Equipment
MEA - Replace Protective Relay Schemes Douglas - - - - - -
- - - - -
Intertie Cost of Improvements Total - - - - - -
FERC 920 - AEA Administrative Costs
Personal Services, Travel and Other Costs 190,236 254,493 103,037 250,000 - 250,000
190,236 254,493 103,037 250,000 - 250,000
FERC 920 - IMC Administrative Costs
IMC Administrative Costs (Audit, meetings, legal) 14,579 20,672 4,697 20,000 - 20,000
14,579 20,672 4,697 20,000 - 20,000
FERC 566 - Miscellaneous Transmission Expense
Misc Studies: System Reserves Study (IBR), PSS/E maint,
230 kV Upgrade System Impact Study 150,368 57,544 5,725 515,000 - 515,000
LIDAR study (complete lidar, vegetation, PLS CADD file with drawings, structure/foundation
movement, infrared, and imaging)
- - - - 40,000 40,000
Synchrophaser System (Moved to GRANT BUDGET worksheet)- - - - -
150,368 57,544 5,725 515,000 40,000 555,000
Intertie Administration Costs Total 355,182 332,708 113,459 785,000 40,000 825,000
TOTAL EXPENSE 2,677,783 2,729,646 273,430 3,742,100 354,000 4,096,100
SURPLUS (SHORTAGE) (103,419) 2,533,786 1,770,292 224,265 24,905 249,170
Page 5 of 10
Proposed FY2025 Budget Amendment 1
Utility Grant Matching Contributions
Snow Loading Grant to re-insulate from Douglas north 80 miles
(Proposed Allocation Option #2 - Revenue excluding Admin Fee from Allocation)
GVEA Grant Submittal to AEA ($13.8M grant with $3M in matching funds & $500k in-kind in-house labor) AEA to revise per agreed payment
PROPOSED FY25 AMEND 1 (Anticipating January 2025 start)
Total Match Amount
75,000$
Percent FY25
Power Purchaser Share Match Year Project Total Cost Grant Reimbursement Grant Match (Cash and In-Kind)
1 $300,000 $225,000 $75,000
GVEA 81.95% 61,463 2 $3,497,845 $2,623,384 $874,461
CEA 6.69% 5,018 3 $3,497,845 $2,623,384 $874,461
MEA 11.36% 8,520 4 $3,497,845 $2,623,384 $874,461
5 $2,965,356 $2,224,017 $741,339
100.00%75,000 Total $13,758,890 $10,319,167 $3,439,722
APPROVED BUDGET
Total Match Amount
491,167$
Percent FY25
Power Purchaser Share Match Year Project Total Cost Grant Reimbursement Grant Match (Cash and In-Kind)
1 $1,964,668 $1,473,501 $491,167
GVEA 81.95% 402,511 2 $2,942,956 $2,207,217 $735,739
CEA 6.69% 32,859 3 $2,942,956 $2,207,217 $735,739
MEA 11.36% 55,797 4 $2,942,956 $2,207,217 $735,739
5 $2,965,356 $2,224,017 $741,339
100.00%491,167 Total $13,758,890 $10,319,167 $3,439,722
Synchrophaser System Grant
(Proposed Allocation Option #3 - Revenue Excluding Capacity and Admin Fee from Allocation)
Per GVEA Grant Submittal to AEA ($2.2M grant with $50k in matching funds & $500k in-kind in-house labor) AEA to revise budget for approved payment methods
Total Match Amount
50,000$
HEA is contributing because they are receiving benefit from the Synchrophaser System (Railbelt wide)
Percent FY25 This is 9.61% of the Total Match Amount and is based on their load ratio share per resolution.
Power Purchaser Share Match
HEA (Load Ratio Share) 9.61% 4,805 Year Project Cost Railbelt Utilities
Combined Cash Match
Railbelt Utilities
In Kind Contribution Grant Contribution
1 $440,245 $9,839 $100,222 $330,183
GVEA 89.13% 40,282 2 $440,245 $9,839 $100,222 $330,183
CEA 0.00% - 3 $440,245 $9,839 $100,222 $330,183
MEA 10.87% 4,913 4 $440,245 $9,839 $100,222 $330,183
5 $440,245 $9,839 $100,222 $330,183
100.00%45,195 Total $2,201,225 $49,195 $501,110 $1,650,915
DOE Resiliency Grant - AK Intertie Snow Load Resiliency
DOE Resiliency Grant - Synchrophasor Project - Five Year Average
DOE Resiliency Grant - AK Intertie Snow Load Resiliency
Page 6 of 10
Proposed FY2025 Budget Amendment 1
True up
to
Contract GVEA MEA CEA TOTAL USAGE CAPACITY ADMIN CASH FLOW
MONTH Value MWH MWH MWH MWH GVEA MEA CEA GVEA MEA CEA GVEA | MEA | CEA TOTALS
Jul 12,275 2,187 0 14,462 $206,953 $36,869 $0 $269,880 $82,002 $187,878 $68,750 $852,332
Aug 14,077 2,295 0 16,372 $237,335 $38,692 $0 $68,750 $344,777
Sep 14,766 2,210 0 16,976 $248,951 $37,262 $0 $68,750 $354,964
Oct 27,634 2,165 0 29,799 $465,913 $36,494 $0 $68,750 $571,156
Nov 27,147 2,339 0 29,486 $457,692 $39,443 $0 $68,750 $565,884
Dec 26,405 2,633 0 29,038 $445,182 $44,393 $0 $68,750 $558,325
Jan 8,460 2,458 0 10,918 $142,636 $41,444 $0 $68,750 $252,830
Feb 0 2,261 0 2,261 $0 $38,120 $0 $68,750 $106,870
Mar 5,060 2,466 0 7,526 $85,312 $41,569 $0 $68,750 $195,631
Apr 5,310 2,258 0 7,568 $89,527 $38,067 $0 $68,750 $196,343
May 4,060 2,321 0 6,381 $68,452 $39,139 $0 $68,750 $176,340
Jun 4,060 1,935 0 5,995 $68,452 $32,616 $0 $68,750 $169,817
TOTAL 0 149,253 27,527 0 176,780 $2,516,402 $464,108 $0 $269,880 $82,002 $187,878 $825,000 $4,345,270
Total Energy: $2,980,510 Total Capacity : $539,760
176,780 MWH
162,048 MWH
204,984 MWH TOTAL MWH REVENUE $4,345,270
O&M BUDGET - Operating 3,271,100
-
O&M BUDGET - Administrative 825,000
UTILITY FY 25 TOTAL O&M BUDGET 4,096,100
MEA 30.40% 23.70 MW SURPLUS (SHORTAGE) $249,170
CEA 69.60% 54.30 MW
GVEA 100.00% 78.00 MW Annual Participant Administrative Contribution 275,000.00
156.0 Monthly Contribution per Participant 22,916.67
Usage Rate per KWH 0.01686$
Capacity Rate $3.46
Section 7.2.2 MINIMUM USAGE CONTRACT VALUE
ALASKA INTERTIE
FISCAL YEAR 2025
ENERGY PROJECTION
TOTAL INTERTIE PROJECTED ENERGY USAGE
Usage estimate reduced by 1/12 of Total for rate calculations
Proposed FY25 Amend 1 Usage Projection
Page 7 of 10
Proposed FY2025 Budget Amendment 1
True up
to
Contract GVEA MEA CEA TOTAL USAGE CAPACITY ADMIN CASH FLOW
MONTH Value MWH MWH MWH MWH GVEA MEA CEA GVEA MEA CEA GVEA | MEA | CEA TOTALS
Jul 12,275 2,187 0 14,462 $160,554 $28,603 $0 $244,140 $74,181 $169,959 $65,417 $742,854
Aug 14,077 2,295 0 16,372 $184,125 $30,017 $0 $65,417 $279,559
Sep 14,766 2,210 0 16,976 $193,137 $28,908 $0 $65,417 $287,461
Oct 27,634 2,165 0 29,799 $361,455 $28,312 $0 $65,417 $455,184
Nov 27,147 2,339 0 29,486 $355,078 $30,600 $0 $65,417 $451,094
Dec 26,405 2,633 0 29,038 $345,372 $34,440 $0 $65,417 $445,229
Jan 11,268 2,458 0 13,726 $147,383 $32,152 $0 $65,417 $244,952
Feb 11,151 2,261 0 13,412 $145,858 $29,574 $0 $65,417 $240,848
Mar 7,727 2,466 0 10,193 $101,074 $32,250 $0 $65,417 $198,741
Apr 10,367 2,258 0 12,625 $135,598 $29,532 $0 $65,417 $230,546
May 10,823 2,321 0 13,144 $141,560 $30,364 $0 $65,417 $237,340
Jun 4,728 1,935 0 6,662 $61,837 $25,303 $0 $65,417 $152,557
TOTAL 0 178,366 27,527 0 205,893 $2,333,030 $360,055 $0 $244,140 $74,181 $169,959 $785,000 $3,966,365
Total Energy: $2,693,085 Total Capacity : $488,280
205,893 MWH
188,736 MWH
204,984 MWH TOTAL MWH REVENUE $3,966,365
O&M BUDGET - Operating 2,957,100
-
O&M BUDGET - Administrative 785,000
UTILITY FY 25 TOTAL O&M BUDGET 3,742,100
MEA 30.40% 23.70 MW SURPLUS (SHORTAGE) $224,265
CEA 69.60% 54.30 MW
GVEA 100.00% 78.00 MW Annual Participant Administrative Contribution 261,666.67
156.0 Monthly Contribution per Participant 21,805.56
Usage Rate per KWH 0.01308$
Capacity Rate $3.13
Section 7.2.2 MINIMUM USAGE CONTRACT VALUE
Approved FY25 Usage Projection
ALASKA INTERTIE
FISCAL YEAR 2025
ENERGY PROJECTION
TOTAL INTERTIE PROJECTED ENERGY USAGE
Usage estimate reduced by 1/12 of Total for rate calculations
Page 8 of 10
Proposed FY2025 Budget Amendment 1
Annual System Demand
21-22 22-23 23-24 3 YR AVG.
SOUTHERN UTILITY PARTICIPANTS (MW)
CEA 349.8 343.8 322.9 338.8 MW APPROVED APPROVED APPROVED APPROVED APPROVED
MEA 146.0 147.0 150.7 147.9 MW 06/30/2025 06/30/2024 06/30/2023 06/30/2022 06/30/2021
UNITS FY25 FY24 FY23 FY22 FY21
USAGE KWH 162,048,000 251,476,000 415,247,000 187,902,000 187,902,000
OPERATING BUDGET $ 3,271,100 3,710,200 2,544,100 1,992,890 2,007,385
MITCR KW 156,000 156,000 156,000 156,100 156,000
TOTAL 486.7 MW
ENERGY (A)$.000/KWH $0.01686 $0.01232 $0.00512 $0.00886 $0.00892
NORTHERN UTILITY PARTICIPANTS (MW)
CAPACITY (B)$/KW $3.46 $3.92 $2.69 $2.11 $2.12
GVEA 198.3 205.5 205.5 203.1 MW
TOTAL 203.1 MW
MITCR DETERMINATION
FY 25 KWH CAP RATE CAP CHARGES
MEA 30.40% 23.70 MW 23,700 $3.46 82,002.00
CEA 69.60% 54.30 MW 54,300 $3.46 187,878.00
GVEA 100.00%78.00 MW 78,000 $3.46 269,880.00
156.00 MW 156,000 539,760.00
(A) See Section 7.2.5 AK Intertie Agreement
(B) See Section 7.2.6 AK Intertie Agreement
MINIMUM INTERTIE TRANSFER CAPABILITY RIGHTS
(MITCR) DETERMINATION
FOR FISCAL YEAR 2025
Proposed FY25 Amend 1 AK Intertie MITCR
Page 9 of 10
Proposed FY2025 Budget Amendment 1
Annual System Demand
21-22 22-23 23-24 3 YR AVG.
SOUTHERN UTILITY PARTICIPANTS (MW)
CEA 349.8 343.8 322.9 338.8 MW APPROVED APPROVED APPROVED APPROVED APPROVED
MEA 146.0 147.0 150.7 147.9 MW 06/30/2025 06/30/2024 06/30/2023 06/30/2022 06/30/2021
UNITS FY25 FY24 FY23 FY22 FY21
USAGE KWH 188,736,000 251,476,000 415,247,000 187,902,000 187,902,000
OPERATING BUDGET $ 2,957,100 3,710,200 2,544,100 1,992,890 2,007,385
MITCR KW 156,000 156,000 156,000 156,100 156,000
TOTAL 486.7 MW
ENERGY (A)$.000/KWH $0.01308 $0.01232 $0.00512 $0.00886 $0.00892
NORTHERN UTILITY PARTICIPANTS (MW)
CAPACITY (B)$/KW $3.13 $3.92 $2.69 $2.11 $2.12
GVEA 198.3 205.5 205.5 203.1 MW
TOTAL 203.1 MW
MITCR DETERMINATION
FY 25 KWH CAP RATE CAP CHARGES
MEA 30.40% 23.70 MW 23,700 $3.13 74,181.00
CEA 69.60% 54.30 MW 54,300 $3.13 169,959.00
GVEA 100.00%78.00 MW 78,000 $3.13 244,140.00
156.00 MW 156,000 488,280.00
(A) See Section 7.2.5 AK Intertie Agreement
(B) See Section 7.2.6 AK Intertie Agreement
MINIMUM INTERTIE TRANSFER CAPABILITY RIGHTS
(MITCR) DETERMINATION
FOR FISCAL YEAR 2025
Approved FY25 AK Intertie MITCR
Page 10 of 10
Alaska Energy Authority
AK Intertie Budget to Actual Revenues and Expenses
07/01/2024 to 11/30/2024
Page 1 of 4
FY25 Approved
Budget
BUDGET
07/01/2024 -
11/30/2024 Actuals
YTD Actuals as a
% of Total
Annual Budget
OVER (UNDER)
YTD Variance
Revenue From Utilities
AKI-GVEA 2,838,837 1,607,516 1,369,915 48%(237,601)
AKI-CEA 431,626 278,987 278,987 65%-
AKI-MEA 695,903 329,649 325,349 47%(4,300)
Total Revenue From Utilities 3,966,365 2,216,152 1,974,251 50%(241,901)
Interest - - 69,470 0%69,470
Other - - - 0%-
Total Revenues 3,966,365 2,216,152 2,043,721 52%(172,431)
Total Revenues 3,966,365 2,216,152 2,043,721 52%(172,431)
56600 Misc Transmission Expense
Alaska Energy Authority
AK Intertie-Cell Phone Comm. Svc. for Wx Monitorng 13,000 5,417 4,001 31%(1,416)
AK Intertie-Miscellaneous Studies as Needed 515,000 214,583 5,725 1%(208,858)
Alaska Energy Authority Total 528,000 220,000 9,726 2%(210,274)
Golden Valley Electric
AK Intertie-Private Line Telephone Service SCADA 6,000 2,500 - 0%(2,500)
Golden Valley Electric Total 6,000 2,500 - 0%(2,500)
56601 Weather Monitoring Batteries
Alaska Energy Authority
AK Intertie-SLMS Support & Intertie Ground Patrol 175,000 72,917 - 0%(72,917)
Alaska Energy Authority Total 175,000 72,917 - 0%(72,917)
56700 Rents
Alaska Energy Authority
AK Intertie-Alaska Railroad 1,000 417 1,000 100%583
Alaska Energy Authority Total 1,000 417 1,000 100%583
Matanuska Electric Association
AK Intertie-Talkeetna Storage 7,200 3,000 3,000 42%-
Matanuska Electric Association Total 7,200 3,000 3,000 42%-
56900 Maintenance of Structures
Matanuska Electric Association
AK Intertie-Maintenance of Structures 550,000 229,167 - 0%(229,167)
Matanuska Electric Association Total 550,000 229,167 - 0%(229,167)
57000 Maintenance of Station Equip
Chugach Electric Association
AK Intertie-Teeland Substation 175,000 72,917 56,712 32%(16,204)
AK Intertie-Douglas Substation Communications 2,400 1,000 1,578 66%578
Chugach Electric Association Total 177,400 73,917 58,290 33%(15,626)
Golden Valley Electric
AK Intertie-GVEA SVC Project 50,000 20,833 - 0%(20,833)
AK Intertie-Healy, Cantwell, Goldhill 64,500 26,875 - 0%(26,875)
AK Intertie-Cantwell 4S2 Switch Repair 306,000 127,500 - 0%(127,500)
AK Intertie-HLSB Sync PT Replacement 25,000 10,417 - 0%(10,417)
AK Intertie-Replace Healy Substation Breaker 350,000 145,833 - 0%(145,833)
Golden Valley Electric Total 795,500 331,458 - 0%(331,458)
Matanuska Electric Association
AK Intertie-Douglas Substation 25,000 10,417 5,807 23%(4,610)
Matanuska Electric Association Total 25,000 10,417 5,807 23%(4,610)
57100 Maint of OH Lines
AK Intertie-Landing Pads 75,000 31,250 - 0%(31,250)
AK Intertie-Special Patrols (Incl Foundation Insp) 80,000 33,333 - 0%(33,333)
ALASKA ENERGY AUTHORITY
AK INTERTIE BUDGET TO ACTUAL REVENUE AND EXPENSES
FOR THE PERIOD 07/01/2024 THROUGH 11/30/2024
Page 2 of 4
FY25 Approved
Budget
BUDGET
07/01/2024 -
11/30/2024 Actuals
YTD Actuals as a
% of Total
Annual Budget
OVER (UNDER)
YTD Variance
ALASKA ENERGY AUTHORITY
AK INTERTIE BUDGET TO ACTUAL REVENUE AND EXPENSES
FOR THE PERIOD 07/01/2024 THROUGH 11/30/2024
Golden Valley Electric Total 155,000 64,583 - 0%(64,583)
Matanuska Electric Association
AK Intertie-Special Patrols (Incl Foundation Insp) 15,000 6,250 19,982 133%13,732
AK Intertie-Southern Maint. (Incl Ground Insp) 140,000 58,333 - 0%(58,333)
Matanuska Electric Association Total 155,000 64,583 19,982 13%(44,601)
57102 Maint OH Lines-ROW Clearing
Golden Valley Electric
AK Intertie-Northern ROW Clearing 550,000 229,167 - 0%(229,167)
Golden Valley Electric Total 550,000 229,167 - 0%(229,167)
Matanuska Electric Association
AK Intertie-Southern ROW Clearing 300,000 125,000 47,854 16%(77,146)
AK Intertie-Southern ROW Remote Sensing 10,000 4,167 5,561 56%1,394
Matanuska Electric Association Total 310,000 129,167 53,415 17%(75,752)
58306 Misc Admin
Alaska Energy Authority
AK Intertie-IMC Admin Cost (Audit, Meeting, Legal) 20,000 8,333 4,697 23%(3,636)
Alaska Energy Authority Total 20,000 8,333 4,697 23%(3,636)
58401 Insurance Premiums
Alaska Energy Authority
AK Intertie-Insurance 22,200 9,250 14,476 65%5,226
Alaska Energy Authority Total 22,200 9,250 14,476 65%5,226
Matanuska Electric Association
AK Intertie-Insurance 14,800 6,167 - 0%(6,167)
Matanuska Electric Association Total 14,800 6,167 - 0%(6,167)
Total Total Expense 3,492,100 1,455,042 170,393 5%(1,284,649)
Total Operating Expenses 3,492,100 1,455,042 170,393 5%(1,284,649)
71001 Total Expense, Budget
Alaska Energy Authority
Administrative Support Services 250,000 104,167 103,037 41%(1,130)
Alaska Energy Authority Total 250,000 104,167 103,037 41%(1,130)
Total Total Expense 250,000 104,167 103,037 41%(1,130)
Total AEA Administration Expenses 250,000 104,167 103,037 41%(1,130)
Total Expenses 3,742,100 1,559,209 273,430 7%(1,285,779)
Surplus (Shortage)224,265 656,943 1,770,292 789%1,113,348
Page 3 of 4
Alaska Intertie FY24 Budget to Actuals Status Report for the Period 07/01/2024 through 11/30/2024
Budgeted Usage Actual Usage to Date
GVEA MEA CEA TOTAL GVEA MEA CEA TOTAL
MONTH MWH MWH MWH MWH MONTH MWH MWH MWH MWH
Jul 12,275 2,187 - 14,462 Jul 9,839 2,309 - 12,148
Aug 14,077 2,295 - 16,372 Aug 8,590 2,300 - 10,890
Sep 14,766 2,210 - 16,976 Sep 16,901 2,125 - 19,026
Oct 27,634 2,165 - 29,799 Oct 21,194 2,011 - 23,205
Nov 27,147 2,339 - 29,486 Nov 21,209 2,122 - 23,331
Dec 26,405 2,633 - 29,038 Dec - - - -
Jan 11,268 2,458 - 13,726 Jan - - - -
Feb 11,151 2,261 - 13,412 Feb - - - -
Mar 7,727 2,466 - 10,193 Mar - - - -
Apr 10,367 2,258 - 12,625 Apr - - - -
May 10,823 2,321 - 13,144 May - - - -
Jun 4,728 1,935 - 6,662 Jun - - - -
TOTAL 178,366 27,527 - 205,893 TOTAL 77,733 10,867 - 88,600
INTERTIE PROJECTED ENERGY USAGE TO DATE (MWH) 107,094 INTERTIE ACTUAL ENERGY USAGE TO DATE (MWH) 88,600
Budgeted Operating Costs for the Period 1,455,042$ Actual Operating Costs for the Period 170,393$
(based on amended budget)
Budgeted Usage Revenue for the Period 1,400,788$ Actual (Billed) Usage Revenue for the Period 1,158,888$
(budgeted rate * projected usage) (budgeted rate * actual usage)
Estimated Budgeted Energy Rate per MWH 11.34$
(based on budgeted costs and usage)
Annual Budgeted Energy Rate (Billed Rate) 13.08$ Projected Actual Energy Rate per MWH 1.61$
(based on minimum contract value) (based on actual costs and usage)
Page 4 of 4
Intertie Management Committee Meeting
IOC Report
December 6, 2024
1. Intertie Operating Committee
a. The committee discussed the proposed amendments to the IMC Budget. The product of
discussion was delivered to the IMC for consideration.
b. The committee discussed the proposed EPRI Membership. This recommendation came
up through the System Studies Subcommittee, and totals ~$40,000 annually. The
membership is recommended by the IOC to the IMC for final approval as part of the
Amended IMC Budget.
i. HEA was offered a share of the membership but declined. As proposed, the cost
will be borne by GVEA, MEA, and CEA equally.
ii. The contract would be managed by GVEA.
c. The committee considered the Wildfire Mitigation Grant currently being worked on by
MEA. MEA is asking for a letter of support from the IMC similar to that which was
provided recently for the IIJA Grants. The IOC supports this Grant.
i. A draft letter and project description have been provided to the IMC for
consideration as an attachment to this report.
ii. The cost to the IMC is $936,876 over 5 years. The cost share is proposed to be
distributed similarly to the IIJA Snow Load Grant, and is shown in the attached
Draft Spending Plan. The Grant would be included in the FY26 IMC Budget.
d. The committee discussed the utilities spinning for the interties, and the IOC supports
this change pending implementation details. The IOC has asked CEA to coordinate an
implementation meeting to discuss this change as well as the implementation of the
recently approved Primary Frequency Response Policy.
e. The committee discussed the upcoming IIJA 40101(d) Grant progress. AEA is currently
working through the details of how the funding will be accounted for. AEA and GVEA
met on the 15th, to work through these issues. In the interim, GVEA has been
authorized to begin work as the Grants will be backdated to the date of the DOE Award.
i. AEA has asked that each utility designate a Project Manager and Finance contact
for both the Snow Load and Synchrophasor projects. These contacts will be used
for initial coordination and finance planning meetings.
2. System Studies Subcommittee
a. SSS proposed a Draft 15 Year Planning Conditions to be used a basis for future studies.
IOC directed each utility review and edit the draft list as it may not represent the latest
information.
b. SSS reported that the IBR is under way with results anticipated this year.
c. The 230 kV study is nearly complete.
3. Dispatch and System Operations Subcommittee
a. The IOC is reviewing a Draft Wildfire Mitigation Plan.
4. Engineering, Relay and Reliability Subcommittee
a. The ERRS has been asked to review the GE SVC Support contract currently held by AEA.
This contract will need to be revised or replaced as AEA does not have funding to extend
beyond the current expiration date of December 2026.
5. SCADA and Telecommunications Subcommittee
a. The Douglas Communications Project is proceeding as planned with nothing new to
report.
December 30, 2024 VIA EMAIL
USDA-Forest Service
Private and Tribal Forestry
Attn: Application Committee
1400 Independence Ave., SW
Washington, DC 20250
Re: Letter of Support for USDA-FS-2024-CWDG-CWSF
Dear Application Committee,
I am writing this letter to express the Intertie Management Committee’s (IMC) full support for the grant application
Matanuska Electric Association, Inc. (MEA) is submitting for the FY24 Community Wildfire Defense Grant (CWDG).
The IMC is made up of the State of Alaska and three electric utilities, MEA, Golden Valley Electric Association, Inc.
(GVEA), and Chugach Electric Association, Inc. (Chugach), that are responsible for the maintenance and operation of the
state-owned transmission line that would see significant benefit from this grant. The IMC’s support of this grant reflects the
committee’s commitment to fire mitigation, the safety of our communities, focus on reliable electricity, and environmental
stewardship. The IMC will be contributing the 25% required match for the USDA-FS-2024-CWDG-CWSF grant on behalf
of MEA for improvements to the transmission line’s vegetation management program. The total match the IMC will be
contributing is $936,876.00.
Wildfire mitigation efforts are of utmost importance, especially when it comes to areas surrounding critical infrastructure
of transmission lines. The potential consequences of wildfires in these regions are not only devastating to the surrounding
ecosystem but also pose significant threats to public safety and the stability of power supply.
By investing in wildfire mitigation measures, the grant would play a vital role in minimizing the likelihood and severity of
future fires, providing a significant fire break along a 100-foot-wide transmission line corridor. The allocation of funds
towards this cause will aid in the implementation of crucial initiatives such as Integrated Vegetation Management (IVM),
clearance of combustible materials, and the adoption of modern fire-safe practices. These measures will help reduce the risk
of vegetation fueled fires and the potential for power outages.
Furthermore, this grant will have tremendous long-term benefits. Proactively implementing fire mitigation strategies along
this transmission line will promote long-term stable plant communities. These plant communities resist the invasion of
larger, longer burning fuels and reduce long-term maintenance cost(s).
In conclusion, the IMC is in favor of this grant, which will provide the resources needed to support wildfire mitigation. By
doing so, we will be taking a significant step towards protecting our communities, positive environmental stewardship, and
ensuring the uninterrupted supply of electricity. I respectfully request your close consideration of this grant application and
hope that you will recognize its importance for the Alaskan community.
Thank you for your attention and commitment to making our community safer.
Sincerely,
Dan Bishop
Chair of the Intertie Management Committee
Alaska Intertie FY25 Proposed BudgetUtility Grant Matching ContributionsUSDA CWDG - Integrated Vegetation ManagementMEA submittal to USDA ($3.7M grant with 25% match requirement)Total Match Amount936,876$ Percent FY24Power PurchaserShareMatchYear Project Total Cost Grant Reimbursement Grant Match (Cash and In-Kind)1 $826,875 $620,156 $206,719 FY26GVEA 81.95% 767,770 2 $561,974 $421,481 $140,494 FY27CEA 6.69% 62,677 3 $1,411,322 $1,058,492 $352,831 FY28MEA 11.36% 106,429 4 $670,188 $502,641 $167,547 FY295 $277,145 $207,859 $69,286 FY30100.00% 936,876 Total$3,747,504$2,810,628$936,876USDA CWDG GrantPage 1 of 1