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HomeMy WebLinkAbout2024.08.01.06 Roadbelt Intertie Pitch Sheet (Final)August 1, 2024 DRAFT ROADBELT INTERTIE PROJECT Enhancing Railbelt Reliability and Resilience Status: Conceptual Capacity: 230kV Length: 388 miles Right of Way: Near existing roads Construction: 6-8 years Cost: $566 Million (2020$) PROJECT SUMMARY The Roadbelt Intertie Project would construct a new 230 kilovolt (kV) transmission line from Sutton to Glennallen (135 miles) to Tok (142 miles) to Delta Junction (111 miles), interconnecting island road system power utilities and creating a parallel path between the two most populated roadbelt areas. Alternative utility interconnection configurations with 230 kV lines between Glennallen and Delta Junction and a smaller 138 kV radial line to Tok from either Glennallen or Delta Junction are possible. Eastern interior has undeveloped hydroelectric, wind, and solar resources that could be developed if a larger market (Railbelt region) was interconnected. The Roadbelt Intertie Project line would provide a conduit of at least 75 megawatts firm power from the Central load region of Anchorage and the Matanuska Valley to the eastern interior communities and the Northern load center of Fairbanks. The Roadbelt Intertie allows additional communities to share the benefits of expanded hydroelectric, wind, and solar renewable energy in Southern, Central, and Northern Regions. (Continued on back) Benefits Opportunities ƒIncreased resilience and redundancy of the Alaska Intertie ƒAdditional conduit for power to transmit between regions ƒReduced line losses ƒAllow additional energy to be delivered to consumers ƒIncreased capacity to bring on utility-scale renewable projects ƒDevelopment of renewable resources in an area of the state that were previously uneconomical due to lack of proximity to transmission PROJECT OVERVIEW 2024-TBD 813 W Northern Lights Blvd. Anchorage, AK 99503 www.akenergyauthority.org info@akenergyauthority.org T: (907) 771-3000 F: (907) 771-3000 PROJECT OVERVIEW (CONT) AEA provides energy solutions to meet the unique needs of Alaska’s rural and urban communities. Established by the Alaska Legislature in 1976, its mission is to reduce the cost of energy throughout Alaska. As Alaska’s lead agency for statewide energy policy and program development, AEA collaborates with utilities, private companies, legislators, local governments, and Alaskan energy innovators to diversify the state’s energy portfolio increasing resiliency, reliability, and redundancy. AEA OVERVIEW BUDGET Natural gas energy will replace diesel energy during periods of low renewable energy. This line will add critical resilience and redundancy to Railbelt transmission. There is only one transmission line, the Alaska Intertie, which transmits power north and south along the Railbelt. The Roadbelt Intertie is capacity-limited. This line would provide an alternate route if Intertie energy is interrupted by maintenance or failure. PROJECT STATUS The Roadbelt Intertie Project is conceptually designed and cost estimated.