THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND
POSEIDON TRANSMISSION LLC'S RESPONSE TO NEW YORK POWER AUTHORITY'S REQUEST FOR PROPOSALS INQUIRY NO. Q13-5441LW
MAY 16, 2013
VOLUME 1 CONTENTS
Volume 1 8.1 Cover Letter 1-2 8.2 Executive Summary 5-9 8.3 Description of Project 11-23 8.4 Proposer Experience 25-33 8.5 Project Information 35-36 8.6 Disclosure Statements 37-38 8.7 Financial Capacity to Complete and Operate the Proposed Project 39-42 8.8 Environmental Benefits of Project 43-44 8.9 Proposed Resource(s) Development Plans and Schedule 45-71 8.10 Environmental Review 73-76 8.11 Pricing 77-80 8.12 Contract Exceptions 81 8.13 Halting Costs 83-84 8.14 Other Requirements 85 8.15 Compliance Statement 87 Volume 2 THE POSEIDON PROJEC
Poseidon Transmission LLC c/o Anbaric Transmission LLC 401 Edgewater Place, Suite 650 T
Wakefield, MA 01880 SECURING DOWN
May 16, 2013
New York Power Authority 123 Main Street S White Plains, New York 10601 TATE
Attn: Mr. Len Walker R ELIABILITY, Manager of Special Projects BY OVERNIGHT COURIER
Contact: 914-681-6627 R EPOWERING
Re: Inquiry No. Q13-5441LW
Dear Mr. Walker: L ONG
Pursuant to the instructions set forth in the New York Power Authority’s Inquiry No. Q13-5441LW, Contingency Procurement of IS Generation and Transmission, Request for Proposals dated April 3, 2013 (the “RFP”), on behalf of Poseidon Transmission LLC, I enclose LAN five hard copy responses to the RFP (“Response”) and two CDs containing electronic versions of the Response. I have also caused a D hard copy of the Response and one CD with an electronic version of the Response to be filed with the New York State Public Service Commission.
As set forth in greater detail in the Response, The Poseidon Project is a 500MW HVDC link between the PJM grid in New Jersey and the downstate New York grid in Long Island. The energy and capacity supplied by this underwater and underground cable will provide exceptional reliability benefits to southeastern New York, help make possible the Authority’s stated goal of enabling the Indian Point Energy Center to close, offers low-cost energy to Long Island’s ratepayers, increases wholesale competition in the electricity industry, and delivers a clean environmental profile, with no air emissions while facilitating the orderly retirement of older and less efficient, generation facilities on Long Island.
The Response is submitted by Poseidon Transmission LLC, a special purpose vehicle whose members are subsidiaries of two entities with vast experience in the electric power business: Anbaric Transmission LLC, which helped develop the Neptune and Hudson lines and Exelon Transmission Company LLC, a subsidiary of Exelon Corporation, one of the nation’s largest energy companies. Anbaric Poseidon LLC (a subsidiary of Anbaric Transmission LLC), is the lead member of the consortium and is the entity responsible for satisfying the Threshold Criteria.
1 2 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND Copy to Jeffrey toJeffrey Copy Yuknis, ExelonCorporation Enclosures Anbaric PoseidonHoldingLLC Poseidon Transmission LLCand Manager Edward N. Krapels, Ph.D. yours, Sincerely Commission. [email protected] 781-683-0707oremailme at Pleasecallmeat questions. any ifyouhave theNew at todiscussingthisexciting projectwithyouandyourcolleagues I lookforward York Power Authority andthePublicService thereinissubjecttomarketmovepriorexecutingfinaldocumentation. forth customers throughaprojectsuchasPoseidon. couldbecompletedand thepricingset oftransactionsthat This proposalisindicative proposals. toNY canbemadeavailable inPJMthat andcapacity istheaccesstolowerpricedenergy thisproposalillustrates What to NYPA, NYPA meaningthat selectthetransmissionproposal, may proposalorbothproposals, thegeneration butneednotselectboth fromPJM. and capacity Separately, asshownintheenclosedtermsheet, Company, ExelonGeneration LLC, toNYPA isoffering energy proposalfor ageneration Operator, Inc. inthe Ruland Roadsubstation Town ofHuntington, LongIsland, theNew ZoneKby withintheareadesignated York IndependentSystem June1, onorbefore Date the PoseidonProjectcanachieveitsCommercialOperation 2016. the The pointofinterconnectionisat adequacy needs), intheComplianceFiling. asupdated intheResponseisfirmthroughDecember31,The pricingsetforth 2013and Needs not includedinthe2012Reliability identifiedresource solutionfor regulated asanalternative Assessment (butwasevaluated is andthat region thedownstate for capacity wouldprovideincreasedmarginal The PoseidonProjectisanewtransmissionlinethat
fromthePoseidonProjectandonanalacartebasis andapart separate optionisbeingoffered This generation THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND – strengthened reliability, stabilized rates, energy cost savings, energy cost savings, stabilized rates, – strengthened reliability, and substantial environmental benefits – make job creation, this a valuable infrastructure investment for Long Islanders and now and long into the 21st Century. Yorkers all downstate New New Jersey converter station and are days away from securing Finally we are converter station. York site control for the New (ABB) whose Cross working with a world-class EPC contractor Sound Cable project has been providing reliable service to and who is committed to meet the Long Island since 2003, 2016 in-service date. June 1, State’s York Poseidon is uniquely capable New of advancing which include stabilizing energy policy goals for Long Island, electric rates to maintain economic competitiveness, creating resiliency Authority, reforming the Long Island Power that enhances storm preparedness and transitioning to a Cuomo has said, Governor cleaner power generation fleet. “Getting the cost of power down is essential for the economic The Poseidon does just that. competitiveness of Long Island.” 500 MW of low-cost energy willsave ratepayers more project’s supporting business growth and than $53 million annually, securing a clean and reliable energy future for Long Island. York major impacts on downstate New The Poseidon Project’s caused by Point while diversifying retirement of Indian the power plants dirtier generation and enabling sources older, 500 kV bulk America’s only link to Long Island’s As to close. reduces pricing volatility Poseidon and increases power grid, security of supply – and hedges against commodity risk with fuel diversity. PJM’s development team includes many of those Poseidon’s System Transmission Regionalwho brought the Neptune enormous joined by Exelon’s ago, to Long Island six years Our PJM managerial and technical capabilities. financial, interconnection work is now in the final stages (a Facilities costs in PJM are the interconnection Study is underway), our survey and permitting work are well underway, modest, and we have site control secure for one ideal location forthe Long Island’s increased locational capacity requirements Long Island’s MWs of energy that Indian Point supplied to Long Island during Poseidon makes the Long Island Second, a typical 2012 day. power grid more reliable and more competitive by meeting of energy and capacity makes the potential closure of Indian replacing entirely the 433 for Long Island, “non-issue” Point a extreme weather events. the 500MW First, “two-fer.” Poseidon is a unique public policy the art HVDC technology that Poseidon will employ will help grid in face of become more resilient York’s southeastern New commodity price risk – will ripple through the downstatecommodity price risk – will ripple through helping stabilize rates growth and supporting business region, the state-of- Finally, and job creation for decades to come. impacts and accessing energy from PJM. Poseidon’s potent Poseidon’s impacts and accessing energy from PJM. annual savings of economic benefits – increased competition, againsthedge unique a ratepayers, to dollars of millions of tens retirement of older, dirtier power plants on Long Island while dirtier power plants on Long retirement of older, ground minimal or visual producing no air or water emissions, reliability unsurpassed by any transmission or generation other The Poseidon Project queue. project now in the NYISO’s stimulating also offers best-in-class environmental benefits, and converter stations mirror Neptune’s 98% availability rating and converter stations mirror Neptune’s and Long Island ratepayers Yorkers and offer downstate New cost, high-efficiency energy high-efficiency portfolio via an underground cost, and underwater cable modeled after the Neptune Regional proven HVDC technology Poseidon’s System. Transmission that Long Island typically obtains from the Indian Point Energy lower- ratepayers to PJM’s It anchors Long Island’s Center. 2016. 433 MWs of energyThis system-to-system link replaces the project for downstate reliability and ratepayers as well as local environment – offeredbusinesses and the by a seasoned capabledevelopment team and of being in-service by June 1, cost energy and capacity from the heart of PJM’s bulk power bulk cost energy and capacity the heart of PJM’s from a compelling It’s T&D network. gridto the core of Long Island’s PROJECT OVERVIEW – THE POSEIDON PROJECT – THE POSEIDON OVERVIEW PROJECT the reliability Project strengthens The Poseidon of the power grid by bringing 500MW of low- York downstate New THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND Y IVE SUMMAR IVE T U C XE E 8.2 8.2 Y to the closure of Indian Point: Poseidon will meet the vitally to the closure of Indian Point: important locational capacity requirement on Long Island that York The New will increase if Indian Point closes. Critically, Poseidon’s 500 MW of energy 500 MW imports will replace Poseidon’s Critically, the 433 MW of energy flows (2012 average from net flows) into Zone K Point is located)Zones H (where Indian and I, Additionally Poseidon’s be located). (where Poseidon will of capacityinjection of 500 MW Zone K will help from PJM into offset the capacity lost to the downstate region when Indian Point retires. 500 MW will also accomplish another goal integral Poseidon’s UMMAR S
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EC now in the NYISO queue offers this range of vital benefits. now in the NYISO queue offers this range of vital benefits. increasing competition, promoting economic development, and promoting economic development, increasing competition, No other project protecting the environment on Long Island. problems caused by closing Indian Point and (2) provides the increased on-Island locational capacity that will be needed retirement while stabilizing rates, as a result of Indian Point’s created by the retirement of Indian Point. The Poseidon Project created by the retirement of Indian Point. is (1) a pivotal part of the solution to the downstate reliability The Poseidon Project, a 500 MW HVDC injection of capacity The Poseidon Project, and energy from central New Jersey into the heart of Long solution to the problems “two-fer” offers a unique Island, INCRE New York ratepayers may that be confident be the Project will York New and with minimal risk to them, on budget, completed on time, with the benefits that we describe below. only a system-to-system connection can offer. Because the only a system-to-system connection can offer. extraordinaryteam developing the Poseidon Project joins experience, financial strength with unrivaled development Long Island to a range of generation sources, which will create Long Island to a range of generation sources, a unique long-term hedge against commodity price risk that Poseidon Project will be provided at prices lower than building tie Poseidon’s new generation or repowering existing units. energyto PJM will provide access to lower cost while linking stabilizing prices, and helping close older, dirtier power plants dirtier and helping close older, stabilizing prices, by the York The PJM capacity delivered to New on Long Island. contingency issues caused by a closure of the Indian Point Energy Center while providing environmental and reliability boosting competition, benefits to the downstate region, System (“Neptune RTS”). This capacity bridge between PJM System (“Neptune RTS”). State resolve the reliability York and the NYISO will help New from PJM to New York State by June 1, 2016 through a 2016 State by June 1, York from PJM to New controllable undersea HVDC transmission cable modeled after Transmission Regional 660 MW Neptune the highly successful, EX will offerThe Poseidon Project cost capacity 500 MW of lower 8.2 6 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND the Poseidon Project is selected by September 2013.the PoseidonProjectisselected by The schedule tomeettheJune1, assuming date 2016in-service The Project’s project teamhasdevelopedanintegrated is fundingtheequityshareof project’s development cost. expertise,investor withunrivalledindustry ExelonCorporation, legal, regulatory, beenengaged. technicalsupport have An environmental,been selected;andsupportingcontractorsfor Assessment; theequipmentvendorandEPCcontractorhave alongwithdevelopmentofanEnvironmental has beeninitiated both NYISOandPJM;theNYS Article process VII application final signatures. The interconnectionprocesshasadvancedin issignedandtheotherawaiting secured –oneagreement hasbeenvirtually thetwoconverterstations Site controlfor ofdevelopment.The PoseidonProjectisinanadvancedstage 1, 2016. June tocompletetheProjectby obtain thefinancingnecessary permits, andmeetconstructiontimetables, establish and to securetheparcels, theirability demonstrated obtainthe completed projectslargerthanPoseidonandhave The membersofPoseidon’s developmentteamhave ABILIT plants while enhancing reliability and lowering ratepayer costs. andloweringratepayer plants whileenhancingreliability the flexibilitytoretiresomeoftheseexpensive, pollutingpower decisionmakerswith wouldprovideState low-cost capacity factor ofover98%,expected availability anditsefficient, onLongIslandisover40yearsold.capacity Poseidon’s factors. Over1,500MW, aquarter, orroughly ofoperating outage highforced have ontheislandthat polluting generators theseamlessretirementofoutdated,enable inefficient, toLongIsland,By adding500MWofsupply Poseidonwill irrespective ofIndianPoint'sretirement. requirement, capacity used toreduceLongIsland'slocational closure. that caused by Alternatively, Poseidoncouldbe Long Island’s requirement capacity increasedlocational provides resourcesneededtocloseIndianPointandmeets to close. simultaneously projectthat Poseidonistheonly 8%wereIndianPoint requirementwouldincreaseby capacity LongIsland’s that Requirements studyindicated locational Council’s Reliability State 2013-2014InstalledCapacity Y TO
MEET
THE JU NE 1,2016I N -S ERVICE DA TE : and 8.9. inSections8.3 pointsaresetoutintables milestones andkey touted hashelpedpushdown oftheNeptunecable “operation East New York” duringtheline’s firstyearofoperation, and betweenLongIslandand the decreaseinpricedifferences The NYISOheraldedNeptune “the mostsignificantcause” for in2007and2004,becoming operational respectively. since tensofmillionsdollarsannually ratepayers saved have success of the Neptune RTS and the Cross Sound Cable, which comparison ofhistoricalpricingdata. Poseidonbuildsonthe morethan$53millionannually,ratepayers basedona Poseidon’s 500MWoflow-cost, willsave energy reliable L energy procuredviaPoseidon. energy toNew millions ofdollarsinannualsavings York for payers rate below LongIsland. tensof This spreadshowsthepotentialfor Deanshaspriced28% wholesaleelectricityat On average PJM’sat Deans500kVnodetopricesinNYISO’s ZoneK. comparingtheDay costs by lower energy prices Ahead energy the historical benefitsof 8demonstrates on page The table to New York. available costspotentially node withoneofthelowestenergy volatility, security, increased energy andaccesstoapricing withlong-term reducedprice provides ratepayers substation thePSEGDeans500kV point ofinterconnectioninPJMat rate.market andloweroverallheat selected The strategically additionalpricesecuritywithaccesstoPJM’soffers energy NYPA 30years. for capacity excellentvaluefor The Project Project, Section8.3). Poseidon’s proposedcontract offers costs (thesearediscussedindetailtheDescriptionof limitedsystemupgrade NYISO thusfarshowextraordinarily savings. Poseidon’s interconnectionstudiesinbothPJMand of LongIsland, thePoseidonProjectdelivers considerable theloadcenter at When comparedwithnewgeneration 2004.” since viatheCross-SoundCable importing lowercostenergy “LIPA by realized$269millioninsavings customershave prices.” Additionally, theLIPA ElectricResourcePlanstates OW A ND S T A BLE E LECTRICIT Y C OSTS : 8.2 EXECUTIVE SUMMARY THE POSEIDON PROJEC T
SECURING DOWN S TATE R ELIABILITY, R EPOWERING L ONG IS LAN D
7 8 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND will vary slightlyfromthedifferencesbetweenaverage prices. will vary occur ~15% of the time, it would not be from economic Deans to to flow LI.energy Hence, the "Average LI Premium" *NOTE: "LI Premium toDeans"doesnotinclude LI. hourswhen Deanspricesareabove Duringthesehours, which This spreadbenefitshowsapotentialof$53millioninsavings toNewYork ratepayersforenergy (VSS)andblackstartcapability.Voltage SupportService of cable. ABB’s providing designincludesreactivecapability 82miles coupledwithapproximately Light converterstations available, commercially transmission technology ABB’s HVDC risk. supply negligible The Projectemploysthemostadvanced with linkedtoasubstation transmissiontechnology and reliable proven, commercially The PoseidonProjectoffers cuttingedge I T asawhole. region downstate LongIslandandthe mean importanteconomicbenefitsfor investmentandindirecteconomiccontributionswill capital construction jobsduringtheProject’s buildphase. The initial Additionally, 400 approximately Poseidonwillcreate New and spurcompetitiveopportunitiesindownstate York. thanonLongIsland,efficiently savings willproviderealenergy inPJM,access toelectricitygenerated whichisproducedmore throughouttheregion.long-term economicgrowth Poseidon’s andspurmeaningful, businessclimate improve thedownstate economic center. Poseidon’s will savings annualratepayer New competitiveness ofdownstate York, theState’s mostvital iscriticaltomaintainingtheeconomic electricrates Stabilizing E DE HE CONO Avg 2012 2011 2010 2009 2008 A P L OSEIDON I M NTERCONNECTION IC D EVELOP
P ROJECT
M ENT LI ($/MWh)
–S
P A 99.78 63.01 46.99 59.39 58.56 50.32 OINTS ND T A TE J
OB O : F C THE RE
A
ART TION Deans ($/ T : ECHNOLO 49.13 33.74 46.42 48.88 40.54 76.06 MWh) GY A
ND Average LIPremium Average
to Deans($/MWh) emissions, orviews, impactonlandscape withnegligible benign fromanenvironmentalviewpoint, with noairorwater exceptional environmentalbenefits. isthelineitself Notonly thePoseidonProjectwilloffer The electricitydeliveredby E Brunswick, andtheRulandRoadsubstation NewJersey network, inSouth thePSEGDeanssubstation respectively andLongIsland’sgrid 138kV transmission anddistribution theheartofPJM’s areat points that 500kVbulkpower andinjection The PoseidonProjectconnectstowithdrawal robustinterconnectionpoints. electrically This Projectoffers to thePoseidonProject. relevant,thus bringsdirectly recent, andunrivalledexperience since2003,in operation Project, andthemorerecentBayonne Project,ABB wastheEPCcontractoronCrossSoundCable toHVDCClassicdesigns.relative capabilities, reactivepowersupport, andasmallerfootprint includeblackstart The benefitsofHVDCLighttechnology PJM andnobetterinjectionpointonLongIsland. experience, pointin weknowofnobetterfeasiblewithdrawal in Huntington, New York. BasedontheProjectteam’s NVIRON 14.33 13.50 12.65 11.21 10.24 24.05 M ENT A L A
ND C Poseidon Energy O 53,656,164.53 53,164,019.50 46,848,205.00 40,454,181.50 37,497,982.00 90,316,434.67 MMU Value ($/yr) NIT Y B ENE
F ITS : LI Premium(%) 28% 39% 26% 21% 24% 31% THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND TIONS A ONSIDER Y C OLIC
P this Project has been developing Transmission Poseidon to the overwhelming success of the Owing for years. three is strong the developers believe there line, Neptune RTS support for Long Island. a second intertie between PJM and great electrical impacts, With net positive environmental a small impacts, substantial economic development benefits, members of the the support, and public geographic footprint, development team respectfully submit that development of be a unique and compelling addition the Poseidon line would Poseidon helps energy infrastructure. State’s York to New resolve the downstate reliability issues triggered by retirement ratepayer, of Indian Point while providing extraordinary energy, and environmental benefits to Long economic development, Island.
UM: ONSORTI C ROJECT P OSEIDON P HE development. development. Ohio. Exelon Corporation, through a subsidiary, is investing through a subsidiary, Exelon Corporation, Ohio. billion balance sheet, in the Poseidon Project and with its $52 has more than sufficient financial strength to back Poseidon’s of transmission lines and Exelon Transmission is developing Transmission of transmission lines and Exelon and Indiana, kV line project linking Illinois, 765 a 420 mile, 660 MW Hudson Transmission project between Ridgefield, Ridgefield, project between Transmission 660 MW Hudson 49th St substation located in Manhattan. West NJ and the affiliates operate more than 6,400 miles Exelon Corporation’s Anbaric helped lead two of the largest independent Anbaric helped lead two of the largest independent the 660 MW Neptune transmission projects in US history, and the NJ and Long Island, between Sayreville, project RTS Anbaric Transmission and Exelon Transmission Company LLC Transmission and Exelon Transmission Anbaric a subsidiary of Exelon Corporation. Transmission”), (“Exelon companies. companies. two companies: The Poseidon consortium is comprised of company, which was one of the principal developers of company, largest energy with one of the nation’s linked Neptune, T is being developed byThe Poseidon Project a consortium consisting of a nationally independent transmission known local authorities for years to come. substantial net positive environmental benefits atsubstantial net positive a highly The converter station near Ruland Road offers attractive price. attractive capital assets that for will be part of the tax base but the line will also ease steps to close old, high-emitting high-emitting to close old, will also ease steps but the line reduce local air and The line will on Long Island. power plants waterresidents with emissions on Long Island and provide THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND CT ILE F RO P PROJE NTERCONNECTION NYISO provide a path for 500 MW of unforced capacity HVDC resource, has achieved similar benefits for Long Island HVDC resource, “LIPA Electric Resource Plan states The LIPA ratepayers. customers have realized $269 million in savings by importing lower cost energy via the Cross-Sound Cable since 2004.” interconnection Below we describe the Poseidon Project’s state-of-the- real estate route and requirements, profile, and and environmental construction team, art technology, community impacts. I proposes a controllable HVDC Transmission Poseidon of capacitytransmission facility transmitting 500 MW and energy from the PSEG Deans Substation 500 KV bus specifically the Long Island Withdrawal) to Zone K, (Point of Ruland Road Substation 138 KV bus Authority’s Power Poseidon has requested 525MW of Firm (Point of Injection). Withdrawal Rights (FTWRs) for energy and Transmission capacity from PJM at the Deans substation and 500 MW that can be used as Unforced Deliverability Rights (UDRs) from the The combination from of FWTRs from PJM and UDRs NYISO. The Poseidon Project incorporatesThe Poseidon Project upon the best and improves line to save ratepayers more than features of the Neptune RTS of historical according to a comparison $53 million annually, has reliably Neptune provided approximately pricing data. for electricity the past six years, Zone K’s York’s 20% of New saving ratepayers of dollars annually tens of millions and, Advisor, Independent Market ISO’s York according to the New “dramatically reduc[ing] congestion into Long Island and to a another The Cross-Sound Cable, City.” York New lesser extent, F
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ES D 8.3 12 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND facilities: areincludedintheattachments. substation Long IslandandNewJersey figureshowsaone-lineoftheproposed The following tobedeliveredtheheartofLongIsland’s energy and associated electricitygrid. boththe for Interconnectiononelinediagrams THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND ION PT RI C ES D
CT 8.3 PROJE 8.3 agreements to bury the cable in existing rights of way. agreements to bury the cable in existing rights of way. is depicted on the The route of the Poseidon transmission line following page. Real Estate Requirements Real Estate has locatedideal properties for two Transmission Poseidon we have a signed option New Jersey, In converter stations. agreement for a parcel bordering on the Deans substation and we have agreement an all-but signed option on a York in New mile from the Ruland Road converter parcel less than one-half station Each converter buffer with its surrounding will station. have also identified We have a footprint acres. of three to ten and required parcels for project-owned attachment facilities, we have identified Finally, service storage and buildings. respectively York, New Jerseynumerous routes in and New Atlantic and from the Atlantic from the converter station to the to the converter station and begun negotiations with the governmental or quasi-governmental organizations with fee or easements ownership of the routes to execute licenses . . 2 ENTS M IRE QU E R TE A ST E L A E R ND A TE U and transportation and is the lowest cost alternative. Poseidon has also developed an alternative route in the event that NYPA would prefer another route, which would consist of similar would prefer another route, has also developed an alternative Poseidon route in the event that NYPA and transportation and is the lowest cost alternative. pole line from the Seaford Oyster Bay Expressway (Rt 135) southerly to the Jones Beach Causeway. abandoned LIPA existing rights of way and would also commit to using the existing, The Poseidon development team would remediate this abandoned pole line which has been a blight on Long Island – and to the visitors of Jones Beach State Park – for many years. O Poseidon’s development team prefers the above route with its exceptional attributes and benefits. This route has the lowest environmental and local impacts, lowest impact on business This route has the lowest environmental and local impacts, development team prefers the above route with its exceptional attributes and benefits. Poseidon’s R 2 Island will be the point of injection in New York Island will be the point of injection in New will be located approximately 2,500 feet from the LIPA Ruland will be located approximately 2,500 feet from the LIPA Long This substation in Huntington, Road 138 kV substation. Way through the park, several state and local roads to the through the park, Way cableThe across will then proceed intersection of Route 110. converter station Route 110 to Ruland Road where Poseidon’s within Bethpage State Park, the cable along will proceed within Bethpage State Park, 138 kV Overhead Right of Authority’s the Long Island Power north to the Southern State Parkway where it will proceed due east in the parkway median to the Bethpage Sate Parkway Once where it will head north to the Bethpage State Park. Beach State Park, to the Wantagh Parkway. The cable will Parkway. Wantagh to the Beach State Park, occupy a portion of the western parkway median and continue Horizontal Directional Drilling in New York. Horizontal Directional Drilling in New buried under Jones cable the will proceed north, York, In New portion of the Conrail ROW and heading north/northeast to the portion of the Conrail ROW and heading Raritan River where it will enter the water and proceed easterly, until it makes landfall via Atlantic Ocean, buried under the of Way. Where the 500kv overhead transmission intersects Way. of occupying a the cable will turn northwards, the Conrail ROW, easterly under the New Jersey Turnpike (I-95), and will follow (I-95), Turnpike easterly under the New Jersey until reaching Way of existing PSEG 500kV transmission Right where it meets an existing Conrail Right the town of Helmetta, The buried HVDC cable will exit the Deans substation buried in and head Way of the existing PSEG 500kv transmission Right converter station located on immediately adjacent property. Route Specifications substation. The point of withdrawal is the PSEG Deans 500kV substation. New Jerseywith the HVDC substation in South Brunswick, AC and DC electric cables associated with the transmission along the entire 82 miles except facility will be buried atwhere the facilities surface the converter station and the The estimatedmiles facility is 82 length of the transmission The (48 miles underwater and 34 miles on land underground). 14 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND Poseidon Transmission Route 8.3 PROJECT DESCRIPTION THE POSEIDON PROJEC T
SECURING DOWN S TATE R ELIABILITY, R EPOWERING L Poseidon Ruland Road Converter Station Property ONG IS LAN D
Poseidon Deans Converter Station Site
15 16 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND voltage controlduringtherestoration.voltage powertransferand linking ConnecticutandLongIsland offered 2003 blackoutintheNortheastern U.S, theCrossSoundCable theblack-out. by isunaffected DC cable Duringthe August theotherendof theconverterat precondition isthat only network toprovidethefirstelectricityimportantloads. The idling “static” generator, readytobeconnecteda “black” itself fromthegrid. asan The convertercanthenoperate andfrequencyreferencedisconnect own internalvoltage switchovertoits HVDC Lightconvertercaninstantaneously needed. orblack-out, collapse Intheeventofavoltage the disruptions, andfrequencysupportaremuch whenvoltage intheeventofpower restoration HVDC Lightcanaidgrid Black StartCapability VAr Compensator. asaSVC, theHVDCLight®convertercanoperate way Static power thefullrangeofreactivecanbeutilized. Inthis zeroactive andat reactive powersarecontrolledindependently lowpower, very at operate orevenzeropower. The activeand Unlike HVDCClassicconverters, theHVDCLight convertercan reactivepower. withthenecessary Light cansupportthegrid collapse, isexposedtoanimminentvoltage the grid HVDC stability.include voltage conditionsoccurwhere Ifsuch grid also powertransferinthetransmissiongrid Limiting factorsfor levelintheconnected maintain adesiredvoltage AC network. reactivepowerthroughaorderorto generate power import. canbesetto theconverterstations Additionally controlledfromfullpowerexportto can becontinuously rangeoftheHVDCLightsystem.operating The activepower of boththeactiveandreactivepowerflowwithin independentcontrol allowsfully The HVDCLighttechnology Active andReactivePower thescalePoseidonoffers. at an efficient, flexible, technology, andreliability-supporting none Island’s otherDCor AC connectionstothemainlandhassuch region. totheDownstate Light technology JustoneofLong and controllability, security, ofHVDC andblack-startability The Poseidon Transmission linebringstheunrivalledefficiency S T A TE -OF-T HE - ART T ECHNOLO GY kV DCfilteryard, powersystem, 480/240/120voltauxiliary Bipolar Gate Insulated Transistor “IGBT” valvegroups, ±200 yard, 200kV AC filteryard, air-core phasereactor, ±200kV consistofan The HVDCLightconverterstations AC interface automated. even partly or eithercarriedoutremotely maintenance freewithoperation testing time. virtually aredesignedtooperate The stations thefactory,in enclosuresat whichminimizesconstructionand and humanenvironment. Muchoftheequipmentisinstalled are compact, needlittlespaceandblendintothelocalnatural and unobtrusiveoperations. HVDCLightconverterstations print aswellsmallfoot andefficiencytechnology reliability containsecond-to-none The HVDCLightconverterstations HVDC LightConverterStationsandCableDesign converter station for security and rapid access. securityandrapid for converter station each systemarestoredat andthecable converter stations aresecured.larger utilityassetsitesthat the Sparepartsfor station, within arelocated andbothoftheconverterstations areusedtoencloseeachconverter A securityfenceandgates outsidethebuilding.reactor coolingenclosureareimmediately components. The AC interfaceyard, coolingfansandthephase building isusedtoenclosealargeportionoftheHVDCLight mode duringpowertransmission. A conventionalsteelframe inthesendingorreceiving tooperate arerated stations power. theauxiliary interface and13kVfor Bothconverter the requires138kVat Road converterstation AC transmission power, theauxiliary interface and13kVfor whiletheRuland the requires500kVkVat converter station AC transmission power.AC interfaceyardandback-upauxiliary The Deans the exceptfor identical betweenthetwoconverterstations cooling systemsandacontrolsystem. These componentsare 8.3 PROJECT DESCRIPTION THE POSEIDON PROJEC T
SECURING DOWN S TATE R ELIABILITY, R EPOWERING L ONG IS LAN
D Converter Station Typical Layout
The HVDC Light Cable The HVDC Light power cable is a polymer insulated, extruded cable, specifically adapted for direct current. It contains no insulating or cooling fluids and its strength and flexibility makes it well suited for severe installation conditions as an underground land and a submarine cable. The two HVDC Light power cables crossing under the Raritan River and outer New York Bay and Atlantic Ocean making land fall at Long Island’s Jones Beach will be laid bundled together to minimize the impact on the sea bottom. The cables are to be buried up to six feet into the sea floor to give protection against fishing gear and ship anchors. The jet-plow uses jets of water to fluidize bottom sediments, creating a narrow trench within which the cable system can be laid. The cables settle via gravity into the trenches then the fluidized sediments quickly settle around the cable after the plow has passed. The seabed bottom returns naturally to pre-construction contours.
17 18 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND Ruland Road138/200kV Deans 500/200kV Voltage ratios power580MVARated Transformers Cooling system Water andglycol Valve typeCascaded Two level IGBT valves High Frequency~50MVAr AC filters Ruland Road138kV Deans 500kV AC systemvoltage(60Hz) DC current1310 A ±200kV DC voltage Poseidon MainDataRatedPower 500MW Length 34miles Land section Weight 39.4kg/m Outer diameter117mm Cross section1800mm2, Cu Length 2x22miles 2nd subseasection Weight 35.9kg/m Outer diameter114mm Cross section1500mm2, Cu Length 2x26miles 1st subseasection HVDC Lightcables diagram showninthefigure below.diagram pointwithinthePQ inany canoperate Each converterstation Weight 13.3kg/m Outer diameter112mm Cross section2300mm2, Al 8.3 PROJECT DESCRIPTION THE POSEIDON PROJEC
Other Technology Options s !"" MANUFACTURED THE RECENT "AYONNE .* TO 'OETHALS .9 Poseidon’s development team has designed this Project to 345 kV AC cable from Bayonne, NJ to Brooklyn, NY. operate in one direction, from PJM to the NYISO. However, T
HVDC Light can transmit active power in either of two directions The demonstrated ability of ABB to complete work throughout SECURING DOWN with the same control setup and with the same main circuit the Tri-State area, one of the world’s most challenging civil and configuration. If NYPA would be interested in a bi-directional electricity construction regions, particularly in Long Island and line, the development team could modify Poseidon to meet New Jersey, was a key consideration in selecting them for this this objective. The interconnection point at the 500kV project. Deans substation makes this option more attractive than it S would otherwise be. Additionally, if NYPA determines that Complementing this manufacturing and construction team are TATE
the additional technology optionality provided by HVDC light several industry leaders such as ESS, PowerGem, PSC HVDC R ELIABILITY, consider are features that are not required, the Development Consulting, and the Dax Law Firm. Their experience is further team can configure the Project as an HVDC Classic line, and described in detail in section 8.9.
obtain significant cost savings. R EPOWERING ENVIRONMENTAL IMPACTS CONSTRUCTION TEAM Poseidon features an exceptional environmental profile. The Poseidon Transmission has assembled a seasoned, skilled team cable itself emits zero air or water emissions, and will be buried L of equipment vendors, general contractors, and other experts, underground along existing rights of way. The installation and ONG many of whom have already worked together on the Neptune operation of the line are designed to protect environmental and Hudson Transmission projects. They have successfully quality and avoid impacts on neighboring communities. IS LAN completed some of the most technically challenging and D complex transmission projects in the United States on schedule Long-Term and on budget. As an on-island resource, Poseidon will help Long Island meet or reduce its locational reserve requirements while enabling Poseidon Transmission has selected ABB provide the the repowering or retirement of older, inefficient on-island components of the HVDC system and construct the Poseidon power plants on Long Island, a clean energy goal of the Energy Project under an Engineering, Procurement and Construction Highway Blueprint. By easing the retirement of these older (EPC) contract pursuant to which they will engage all less efficient plants, Poseidon will contribute to decreased air subcontractors. Unlike its competitors, ABB offers a totally emissions on Long Island and thus improve the health and integrated HVDC system: ABB not only engineers and well-being of those living in the immediate area of those older designs the system but designs its principal component and power plants. manufacturers it at ABB facilities. The unequalled range of services optimizes quality control at every level of the project Moreover, Poseidon will provide energy directly from PJM, and at every point in the development process. an area that is not widely dependent on oil-fired combustion turbines and has access to major natural gas hubs. As ABB is a world-wide technology provider in a several key such, Poseidon will contribute to reduced air pollution and industries, including energy. Its Power Transmission and greenhouse gas emissions regionally. As the graph on the Distribution division has significant experience on similar following page demonstrates, the energy provided from PJM projects in downstate New York: currently has an implied heat rate 20% lower than energy s !"" MANUFACTURED THE HIGH VOLTAGE CONVERSION SYSTEM FOR the Cross Sound Cable from New Haven, Connecticut to Shoreham, Long Island; and
19 20 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND Poseidon’s systemwillbeburiedalongtheentireroute in cable when webegandevelopment. result inanenvironmentashealthytheoneweencountered will andprotection efforts ourmitigation that we anticipate our experiencewiththeNeptuneandHudsonHVDCprojects, oftheProject.during constructionand/oroperation Based on affected toidentifyeachspeciesandecosystemdirectly effort the Projectcrossessensitiveecosystemsandwillmakeevery Poseidon Transmission route of theanticipated that isaware during constructiontominimizetheimpactfromProject. willbeimplemented of awiderangeconditionsthat rigorous environmentalimpactassessmentsanddesignation Project. The environmentalconsentprocesswillinvolve hadoversightontheNeptuneRTS that agencies regulatory oftheProject, constructionandoperation for fromthesame environmentalapprovals process ofsecuringallnecessary Regional Transmission System. The Project Team isinthe theNeptune aswereemployedfor similar methodologies soundmanner,will beinstalledinanenvironmentally using short-term, andtemporary. The Projectisdesignedand tobeminimal, areanticipated building itsconverterstations Environmental impactsfrominstallingPoseidon’s and cable Short Term closure. resource adequacysolutionintheeventofIndianPoint’s while alsoprovidingamuchneeded sourceofenergy cheaper compared toZoneK. thissignificantly Poseidonwouldtap as theDeanslocation at betweenenergy pricing difference themajor alsoillustrates page onthefollowing The table 2017: providedby based onsystemdata Ventyx, in weestimate versus Longlsland. Through productioncostmodelestimates inPJM 2,670 lessBTUsrequiredtoproduceonemegawatt onLongIsland.generated amountsto The 20%difference s /VER REDUCTION IN #/ s /VER REDUCTION IN ./X AND s /VER A REDUCTION IN AVERAGE ,-0S s !BOUT A REDUCTION IN ,ONG )SLAND PRODUCTION COSTS Neptune cable hashelpedpushdownprices.”Neptune cable the line’s firstyearofoperation, andtouted ofthe “operation betweenLongIslandandEastNew differences York” during Neptune “the mostsignificantcause” thedecreaseinprice for in2007.since becomingoperational The NYISOheralded Power Authority customerstensofmillionsdollarsannually Transmission System(RTS), LongIsland whichhassaved Poseidon buildsonthesuccessofNeptuneRegional morethan$53million annually. ratepayers save 25-30% lowerthanonLongIsland. As aresult, Poseidoncould from 2008to2012, were theDeansubstation pricesat energy one ofthebestpricingpointsinPJM. Based on historicaldata lowerthanNew priceshistorically access energy York andat chosenlocation,a strategically theDean500kVsubstation, will region,Interconnecting LongIslandtoadiverseenergy PJM, at Ratepayer Savings operation. to minimizecommunityimpactsduringconstructionand revenues tolocalities. designed The projectismeticulously upgrades,grid economicdevelopmentandjobcreation, and York, savings, includingratepayer increasedresiliencyand New The PoseidonProjectwilldeliverimportantbenefitsfor C Project. a building, minimizestheenvironmentalimpact ofthePoseidon needed, areenclosedin theHVDCconverterstations andthat is clearancefromtheHVDCcables no electricormagnetic installation.to theseabedduringcable Finally, thefactthat no environmentalimpacts, disruption otherthanthetemporary existing NeptuneRTS systemroute, cable had acoursethat ROWs. routeparallelsthe The submarinesegmentofthecable existingandpreviously-disturbed landroutefollows The cable system. ofthetransmissioncable wetlands duringinstallation and toprotectcriticalhabitat utilized whenevernecessary along theentireroute. Horizontaldirectionaldrillingwillbe viewsheds with overheadtransmissionlinesandwillpreserve land, thevisualimpactassociated willavoid the cables burying order tominimizepost-constructionimpactsfromthecable. On O MMU NIT Y IM P A CTS 8.3 PROJECT DESCRIPTION THE POSEIDON PROJEC T
SECURING DOWN S TATE R ELIABILITY, R EPOWERING L ONG IS LAN D
2012 Monthly Day-Ahead LMP (7x24) Month Deans 500 Zone K Delta Jan-12 35.41 48.54 13.13 Feb-12 30.69 34.87 4.18 Mar-12 27.15 30.22 3.06 Apr-12 26.27 29.17 2.90 May-12 28.89 34.72 5.84 Jun-12 34.15 49.19 15.05 Jul-12 43.86 93.39 49.54 Aug-12 34.74 54.36 19.61 Sep-12 33.05 41.70 8.66 Oct-12 34.97 45.43 10.46 Nov-12 42.16 52.85 10.69 Dec-12 33.58 49.54 15.96 Average 33.74 47.00 13.26 21 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND addition to high-energy costs,addition tohigh-energy some LongIslandresidentspay canbeusedtosupportcriticalgovernment services.that In localcommunities newtaxrevenuefor Poseidon willgenerate Revenue toLocalities asawhole. region Island andthedownstate Long contributions willmeanimportanteconomicbenefitsfor phase. investmentandindirecteconomic The initialcapital construction jobsduringtheproject’s 16-monthbuild Additionally, 400 approximately Poseidon willcreate region. spur meaningful, throughoutthe long-termeconomicgrowth and businessclimate $53 millionwillimprovethedownstate economic center. Poseidon’s ofupto savings annualratepayer New competitiveness ofdownstate York, theState’s mostvital is criticaltomaintainingtheeconomic electricrates Stabilizing Economic DevelopmentandJobCreation into New York City.” reduced congestionintoLongIsland,” and “reduced congestion factorandaccording totheNYISO,availability has “dramatically benefits theoverallgrid. Neptunehasachieveda98.5% The NeptuneRTS howthistypeofproject hasdemonstrated grid. andefficientenergy in anevenmorereliable Blueprint–resulting Highway goaloftheEnergy clean energy or retireofolder, unitsonLongIsland–a inefficientgenerating torepower This newon-islandresourcecanalsobeleveraged event ofIPEC’s closure. inthe requirementsandmaintainreliability NYISO reliability As anin-islandresource, PoseidonwillhelpmeetLongIsland’s enhances theregion’s stormpreparedness. rating,availability directly that providingunrivaledreliability IPEC onatypical2012day. a98% at The linewilloperate LongIslandobtainedfrom that the entire433MWofsupply Poseidon’s 500MWoflow-cost, willreplace energy reliable grid. energy theDownstate resiliencyfor Poseidon willcreate Increased Resiliency andGridUpgrades project’s impactonsurroundingcommunities. minimizesthe inamannerthat scheduled andprogressed community impactintheproject’s EM&CP. All workwillbe Poseidon’s low-impactconstructionprocesswilladdress maintenance ofnewon-Islandgeneration. low-impact, totheconstructionand alternative cost-effective makePoseidonanespecially region define thedownstate communitiesthat populated The highdensityandheavily Impacts DuringtheConstructionProcess andlocalgovernments.to ratepayers tax revenuefromthisprojectwillresultinmeaningfulbenefits of thehighestpropertytaxesinnation. The additionofnew the design, andthemanufacturing the choice ofmaterial astronginfluencein have Environmental considerations emissions. or water orunderwater,existing rightsofway zeroair andwillgenerate along itselfwillbeburiedunderground The Poseidoncable neighborhood. reflect localcharacterandresembleotherbuildingsinthe canbedesignedto areenclosed inabuildingthat stations a powerplantofsimilarvoltage.required for The converter visible tothecommunity,feature isafractionofthefootprint The visualprofileoftheconverterstations, whicharetheonly impactlocaltraffic.fuel deliveriesthat no emissions, virtually project willhave notallstacks, andno lessthanthoseofaconventionalpowerplant.magnitudes The nominal communityimpacts, willhave technology ordersof When operational, Poseidon’s HVDCLight state-of-the-art Impacts DuringOperation businesses. indirect impactofconstructiononcommunityresidentsand addition, chosentoreducethe areaswillbecarefully laydown impactontrafficpatterns. any be developedtomitigate In For example, workschedulesandequipment deliveries will THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND ION PT RI C ES D
CT 8.3 PROJE 8.3 from adverse weather. gates and doors. The building itself will keep high frequency The building itself gates and doors. noise low and protect the equipment emissions and acoustic personal safety, converter reactors and DC yard equipment converter personal safety, and are mounted directly on low foundations and supports, warehouse-style building with lockablekept within a simple processes for this project. Metals and insulation Metals materials forprocesses project. this avoid tall steel To a wayare used in that is easy to recycle. to facilitate maintenance and to improve supporting structures, 24 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND THE POSEIDON PROJEC T
8.4 PROPOSER EXPERIENCE SECURING DOWN
8.4 PROPOSER EXPERIENCE in the summer of 2007, ahead of schedule and within The developers of the Poseidon Project are a consortium budget. S consisting of a subsidiary of Anbaric Transmission LLC, a TATE seasoned developer of two HVDC transmission lines, joined Neptune has achieved a 98% availability factor, providing R with a transmission subsidiary of Exelon Corporation, one of capacity and energy in a more flexible and reliable manner ELIABILITY, the nation’s largest and most experienced electrical utilities. than new generating facilities, whatever their fuel source, This team’s unsurpassed experience offers New York State on Long Island. It saves Long Island ratepayers tens R decision-makers assurance that the Poseidon Project will be of millions of dollars annually, increases capacity and EPOWERING built on-time, on-budget, and with the benefits identified in this diversifies electricity sources without the local impacts Response. associated with new power generation. L BUSINESS HISTORY The Hudson Transmission Project ONG Anbaric (www.anbarictransmission.com) (http://hudsonproject.com) IS Anbaric has helped develop two major transmission lines Anbaric’s principal, Mr. Krapels, was also a founder of LAN from New Jersey to New York State: the first to Long Island, Hudson Transmission Partners, LLC, the developer of the D completed in 2007, and the second to Manhattan, currently in Hudson Transmission Project. The Hudson Project is a start-up testing with commercial operation expected by June 660 MW electric transmission link between New York City 2013. Anbaric is privately owned and, as described below, it or and PJM Interconnection, with construction completed its principal, Edward N. Krapels, has been in the transmission and start up testing currently underway with a June development business since 1999. 2013 targeted commercial operation date. Hudson was designed to provide a new source of electric power for the The Neptune Project New York City customers of the New York Power Authority (www.neptunerts.com) (NYPA) but it will also provide New York City with access to Anbaric’s principal, Mr. Krapels, was a founder of Atlantic renewable resources throughout PJM and include major Energy Partners, the developer of the Neptune Regional upgrades to the bulk power transmission system in New Transmission System. Mr. Krapels and the Atlantic Energy Jersey. Partners team developed the Neptune Project: a 660-MW (500 kV) high-voltage, direct current (HVDC) submarine The Hudson line follows existing railroad rights-of-way, electric transmission cable that connects power generation through an inactive railroad tunnel to the edge of the resources in the PJM system to electricity consumers on Hudson River in Edgewater, NJ. It is buried beneath the Long Island. The cable extends 65 miles from the First Hudson for approximately three miles to a landfall point Energy substation in Sayreville, New Jersey to the Long near Pier 92 in Manhattan. The final half-mile of cable is Island Power Authority’s Newbridge Road substation in routed beneath the West Side Highway and into the ConEd Nassau County, New York. This project was completed W. 49th Street Substation.
25 26 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND was incorporated in1907. was incorporated namedCommonwealthEdison Company,corporation which into theoriginal merger ofCosmopolitanElectric Company ofIllinoisin1913asaresultthe organized intheState northern Illinois, includingtheCityofChicago. ComEdwas toretailcustomersin transmission anddistributionservices retailsaleofelectricityandtheprovision and regulated ComEd’s businessconsistsofthepurchase delivery energy ComEd ComEdandPECO. businessesat delivery energy and othercompetitivebusinessesfromitsregulated generation 1, January effective 2001, its inwhichExelonseparated restructuring, asaresultofcorporate began operations company.2000 asaPennsylvanialimitedliability Generation York, ERCOTandOtherregions. in wasformed Generation consisting oftheMid-Atlantic, Midwest, NewEngland, New production activities. segments hassixreportable Generation services,management and gas exploration andnatural and services, products, energy includingrenewable risk gasproducts ofelectricandnatural retail customersupply andcompetitive marketingoperations wholesale energy facing activities. These customer-facing activitiesinclude aremarketed throughitsleadingcustomer- that generation facilitiesandinvestmentsin contracted electricgenerating Generation’s businessconsistsofitsownedand integrated Generation (“BGE”), businessesdiscussedbelow. delivery intheenergy (“PECO”)andBaltimoreGasElectric Company Energy principal subsidiariesCommonwealthEdison(“ComEd”), PECO Generation, business, generation intheenergy andthroughits engaged,company throughitsprincipalsubsidiary, Exelon 1999,Pennsylvania inFebruary holding isautilityservices delivery.transmission andenergy Exelon, in incorporated generation,of companiesincludesenergy powermarketing, the Utilities: list. GasandElectricindustry Exelon'sfamily and ranked#129onthe2013FORTUNE 500listand#1on companies withmorethan$23.5billioninannualrevenues, largestenergy isoneofthenation's Exelon Corporation Exelon (http://www.exeloncorp.com/) benefits that Poseidon is modeled to incorporate andimprove Poseidonismodeledtoincorporate benefits that RTS. 28highlightssomeofNeptune's onpage The graphic We firstdescribetheprojectnowinoperation, theNeptune lines. extensive experienceindevelopingandfinancingtransmission Anbaric, itsprincipal, Mr. Krapels, andthe Anbaric teamhave Anbaric occur. inevitably the surprisesthat leastsomeof alreadyfacedat have issues ahead–andmay their teamunderstandthedifficult, nuanced, andchallenging theProject’s that relevant experienceindicates developersand New to downstate York. This successful, recent, anddirectly urbanareasoftheUSsimilar populated facilities indensely thousandsofmilestransmission constructed andoperated thoselines.for Exelon–theotherconsortiummemberhas to Poseidon, andselectedtheEPCcontractors andoperators similar financed twoHVDCtransmissionlinessubstantially Anbaric –oneconsortiummemberhasdevelopedand E D central Maryland, includingtheCityofBaltimore, aswell toretailcustomersin transmission anddistributionservices retailsaleofelectricityandtheprovision and regulated BGE’s businessconsistsofthepurchase delivery energy BGE Philadelphia. inPennsylvania1929. PECOwasincorporated customers inthePennsylvaniacountiessurroundingCityof toretail gas andtheprovisionofdistributionservices retailsaleofnatural as wellthepurchaseandregulated southeastern Pennsylvania, includingtheCityofPhiladelphia, toretailcustomersin transmission anddistributionservices retailsaleofelectricityandtheprovision and regulated PECO’s businessconsistsofthepurchase delivery energy PECO central Maryland, includingtheCityofBaltimore. toretailcustomersin provision ofgasdistributionservices gasandthe retailsaleofnatural the purchaseandregulated LECTRIC EVELOPIN T
R G, F A NS IN M A ISSION NCIN G,
F A CONSTR CILITIES U CTIN G, A ND
OPER A TIN G O F THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND Transmission" (Docket Nos. AD 12-9-00 and AD 11- AD 12-9-00 and (Docket Nos. Transmission" and is currently in 2013), 11-00 dated January 17, negotiations with a number of parties for the sale of its Scheduling Rights. Transmission Isle Intertie’s preliminary route is approximately 34 miles, preliminary route is approximately 34 miles, Isle Intertie’s with a submarine cable crossing Lake Champlain. The Grand Isle Intertie was initially conceived and co- VELCO, Anbaric and developed as a joint effort between as a project with both reliability and economic benefits. line thatIt has evolved into a merchant transmission will be supported by contracting with customers for its Scheduling Rights capable of delivering Transmission The Grand and capacity to New England. RECs, energy, in northern Isle Intertie will further economic development NY by providing a transmission path to the New England markets for constrained NY generation resources. The Grand Isle Intertie recently undertook an Open of guidelines the under customers, Solicitationforpotential the recent FERC Final Policy Statement on the "Allocation Projects Transmission of Capacity on New Merchant Transmission Participant-Funded and New Cost-Based, Projects and on Priority Right to New Participant Funded Anbaric and its partners in Hudson have its partners in Hudson Anbaric and secured the the regulatory obtained completed permitting, financing, construction and as of the date completed of approvals, are performing start-up testing for the 660 this proposal, Commercial operation is expected by MW Hudson line. Anbaric is and Hudson, In addition to Neptune June 2013. running Isle Intertie, the Grand developing a third project, Vermont. and York between upstate New The Grand Isle Intertie 400 MW, will consist of a 230kV, The Grand Isle Intertie AC transmission line originating from controlled, PAR Plattsburgh substation Authority’s Power York the New at a new Vermont NY and terminating in in Plattsburgh, The Grand VT. in Essex, substation” “Champlain VELCO Jersey to the West 49th Street substation in midtown West Jersey to the Transmission selected the Hudson NYPA Manhattan. Project proposal. in New York City. Hudson’s developers proposed a Hudson’s City. York in New minimum of 500 MW of firm transmission capacity via an New underground and underwater line from Ridgefield, New York Power Authority (NYPA) in the spring of 2005 for Authority (NYPA) Power York New customers 500MW of electric power capacity for NYPA Mr. Krapels, Anbaric, and the two other partners in Anbaric, Krapels, Mr. the Hudson development team conceived the Hudson to an RFP issued by Project in response the Transmission The Hudson Transmission Project The Hudson Transmission ABB, a similarly EPC contractor qualified and seasoned ABB, and New York experience in New relevant with recent, will serve as the EPC contractor for Poseidon. Jersey, and installation of the cable and construction of the converter stations and installation of station components. Anbaric’s engineering, procurement, and construction and procurement, engineering, Anbaric’s (EPC) collaborators in Neptune provided the engineering, construction services and for manufacturing procurement, Hancock Insurance Company. Neptune was funded Hancock Insurance Company. through non-recourse project financing. Financing for Neptune was provided by a consortium of as the John as well as lenders such private equity firms, degree of operational efficiency obtained by only the most efficient transmission lines. 2007, and was completed ahead of schedule and within and was 2007, It operates at almost a 98% efficiency rating -- a budget. transmission line from Sayreville, New Jersey to the Sayreville, transmission line from York. New Newbridge Road substation in Nassau County, began commercial operationsThe Neptune Project in June member of Atlantic Energy Partners LLC, began Atlantic Energy Partners LLC, member of a 65-mile HVDC Project, development of the Neptune The Neptune Project The Neptune Project as a founding Krapels, Mr. principal, Anbaric’s In 1999, upon. We then portray the Hudson Transmission Project, which Project, Transmission portray then the Hudson We upon. one other as well as is currently start-up testing, undergoing stagesproject in advanced of development. 28 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND 8.4 PROPOSER EXPERIENCE THE POSEIDON PROJEC
Additionally, Anbaric has a number of other projects in transmission projects. An Anbaric affiliate is a member of the early-to-mid stage development. NYISO. Additionally, if this proposal is selected by NYPA, the development entity will become a member of the NYISO. T
Exelon SECURING DOWN Exelon affiliates have planned, constructed, maintained and Exelon & the NYISO operated transmission for decades. The thousands of miles of Exelon Generation Company, LLC is a direct NYISO market transmission assets Exelon affiliates own are summarized in participant. Exelon, with its partner Electricite de France, owns Table 2. Constellation Energy Nuclear Group, LLC, which owns and operates three nuclear power plants within the NYISO: Ginna, Table 2: Miles of Transmission Planned, Constructed, S TATE Maintained and Operated by Exelon as of 2012 Nine Mile Point 1 and Nine Mile Point 2. As a generation
owner, Exelon is experienced with meeting North American R ELIABILITY, Mileage by Exelon Subsidiary Electric Reliability Corporation (NERC) and NYISO requirements. kV Class BGE ComEd PECO Because the Poseidon Project involves PJM, an adjacent RTO/
765 - 90 - ISO, we describe our familiarity and experience with PJM on R EPOWERING 500 217 - 188 the following page. 345 - 2642 - 230 321 - 548 Anbaric & PJM L
Anbaric and its development team have been working with ONG 138 - 2804 156 PJM for over ten years and are familiar with its staff, tariff, 115 749 - - regulations, operations, committee structure, decision-making, IS LAN ways of doing business, and corporate culture. The Anbaric D EXELON/COMED TRANSMISSION PROJECTS IN DEVELOPMENT team has developed two projects within the PJM service area RITE Line and is familiar with its regulations governing the development Exelon is developing, in conjunction with AEP, a $1.6 billion, of generation and transmission projects. An Anbaric affiliate 765-kV project connecting northern Illinois to Eastern PJM. is a member of PJM. Additionally, if this proposal is selected by The extension of the 765-kV “energy highway” into Illinois NYPA, the development entity will become a member of PJM. is instrumental to the development of wind energy in the Midwest. Exelon & PJM Exelon Corporation, through its subsidiaries, is a member of FAMILIARITY AND EXPERIENCE WITH NYISO REQUIREMENTS, PJM. BGE, PECO and ComEd, Exelon Corporation subsidiaries, MEMBERSHIP STATUS WITH THE NYISO are transmission owners in PJM. Additionally, Exelon Both entities involved in Poseidon Transmission are deeply Generation controls thousands of MWs in PJM. familiar with the NYISO. ENVIRONMENTAL PERMITTING EXPERIENCE Anbaric & the NYISO Anbaric successfully completed the environmental permitting Since 2003, Anbaric has been working with the NYISO and is process for the Neptune and Hudson Transmission Projects familiar with its staff, tariff, regulations, operations, committee described previously in this section. This work included all structure, decision-making, ways of doing business, and Federal, State and Local permits for both New York and corporate culture. The Anbaric team has developed two New Jersey. projects within the NYISO service area and is familiar with its regulations governing the development of generation and
29 30 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND under construction, andseveralmajornewprojectsdesigned is that anddowntown Manhattan project betweenNewJersey Hudson Project(www.HudsonProject.com), an$800+million still ownsinpart. partnerofthe Anbaric was also afounding that Anbaric anditsteamofpartnersdeveloped Anbaric NeptuneRTS.com), andLongIsland alinebetweenNewJersey $660 millionNeptuneRegional Transmission System(www. Employees’ RetirementSystemacquiredamajoritystakein the and Manhattan. deal, Inasignature Public theCalifornia cost powerintodenseurbanareas, includingLongIsland in independenttransmissionprojectsbuilttobringlower the NeptuneandHudsontransmissionlines–$1.5billion partnerinthedevelopmentof Anbaric hasbeenafounding electricitytransmissiondevelopmentbusiness.in thegrowing Anbaric (www.AnbaricTransmission.com) hasbecomealeader Edward N. andhisassociates. Krapels aseriesofprojectsbeingdevelopedby in 2007tomanage of anewentity, Anbaric HoldingLLC, whichwasfounded com). wasdiscontinuedin2006favor Services ESAIEnergy consultingfirmESAI(www.ESAI. ofenergy Inc.; anoffshoot Services, beganin1999asESAIEnergy LLC anditsaffiliates The businessactivitiesnowundertakenby Anbaric Holding, Anbaric P all otherfederalenvironmentalrequirements. Fisheries Service, Fish& theUnitedStates Wildlife Service, and Agency, the CorpsofEngineers,Army Marine National Clean Water Act, EnvironmentalProtection UnitedStates EnvironmentalPolicy under theNational Act, Clean Air Act, obtainpermitsrequired to personnelrequiredsuccessfully hastheknowledge,Exelon Corporation experienceandaccess environmental requirements. Pertainingtofederalregulation, Coastal ZoneManagement Act, andallotherNew York State EnvironmentalQualityReview State Act, Clean Water Act, obtainpermitsrequiredunderNew to successfully York’s knowledge, experienceandaccesstopersonnelrequired withtransmissiondevelopment.associated Exelonhasthe has thetrackrecordtocompleteenvironmentalpermitting Given Exelon’s assetsinNew York andthemid-Atlantic, Exelon ROJECT MA N AG E M ENT
TE AM development of the first generation ofindependentmicro-grids.development ofthefirstgeneration (www.AnbaricMicrogrid.com) pursuingthe andisactively project developmentcompany amicrogrid has initiated Microgrids.and developingthecontrolsoftwarefor Anbaric programs tooptimizingdemand-sidemanagement dedicated ViridityEnergy.com), oneoftheleadingnewcompanies industry. In2009, itco-founded (www.Viridity Energy inthepromisingMicrogrid innovations responsible for initiatives. renewables German offshore Anbaric isalso intheburgeoning investors anopportunitytoparticipate Transmission InvestmentCorp., GmbH)inordertoprovide In 2012, Anbaric launchedGOTIC(theGermanOffshore (www.HudsonProject.com). powerintourbanmarkets to bringrenewable and Wisconsin. Dakota, SouthDakota, Iowa, Indiana, Ohio, Illinois, Minnesota transmission optionsinthestudyarea, whichincludesNorth new for development andproviderecommendations energy needed intheUpperMidwesttosupportrenewable tobetterunderstandthetransmission efforts industry Area Transmission Study(SMART) study, Exelonissupporting Exelon Transmission Midwest isaco-sponsoroftheStrategic Midwest windresourcestothegrid. connecting standards(“RPS”)by portfolio meet theirrenewable border betweenIndianaandOhio. The newlinewillhelpstates AEP, linesfrom Illinoistothe 420milesofextrahigh-voltage Exelon Transmission is co-developing the RITE Line Project with the UnitedStates. electrictransmissionin ofreliable to buildthenextgeneration developers, developers, renewable andotherswho regulators transmission lines. ETCwillpartnerwithutilities, transmission new marketfor nation-wide onthegrowing seeks tocapitalize Formed inOctober2009, Exelon Transmission Company Exelon 8.4 PROPOSER EXPERIENCE THE POSEIDON PROJEC
Each of these recent projects was completed on or before its EXISTING ELECTRIC TRANSMISSION FACILITIES OWNED AND/OR targeted in-service date – vitally important experience given OPERATED BY PROPOSER the tight deadline for the Poseidon Project’s commercial
Each of the entities supporting development of the Poseidon T
operation date of June 1, 2016. SECURING DOWN line owns and/or operates substantial transmission facilities.
Baltimore Gas and Electric Company Anbaric Name of the Transmission Project: As described above, Anbaric and its principal, Mr. Krapels, High Ridge 230 kV Breaker and a Half Substation own interests in the Neptune Regional Transmission System s 0ROJECT ,OCATION 0*- /UTSIDE 0*- LLC, the owner and operator of the 660MW Neptune line. S PJM TATE The Neptune line has reported no major interruptions or other
s $ESCRIPTION OF THE 0ROJECT 2EBUILD AN EXISTING K6 R operational, environmental, or financial problems. ELIABILITY, switching substation into a breaker and a half gas-insulated substation. Connect seven 230KV existing lines and four Also as described above, Mr. Krapels is a partner of and has an
existing 230/115kV transformers into the new station. R ownership interest in the entity, Hudson Transmission Partners, EPOWERING s 9EAR IN WHICH THE 0ROJECT WAS PLANNED LLC, which completed the 660MW Hudson Transmission s #ONSTRUCTION 0ERIOD Project. s 4ARGETED )N 3ERVICE $ATE *UNE L
s !CTUAL )N 3ERVICE $ATE *UNE ONG Other than its partner in the Neptune and Hudson s .UMBER OF 9EARS IN /PERATION Transmission Projects, Anbaric is unaware of any other IS independent transmission developer with more than 1300MW LAN Name of the Transmission Project: of transmission projects completed or on the verge of D Northwest II - Two 230 kV Ring Substations commencing construction. s 0ROJECT ,OCATION 0*- /UTSIDE 0*- PJM Exelon s $ESCRIPTION OF THE 0ROJECT #ONSTRUCT TWO K6 RING Exelon has experience in transmission investment. It owns, substations and added two 500 MVA 230/115 kV operates and maintains approximately 7,000 miles of transformers. Construct a new 115kV breaker and a transmission lines, including 90 miles of high-voltage 765 kV half substation to accommodate the new transformers. lines. Exelon is also one of the largest competitive U.S. power Reconfigure several existing transmission circuits. generators, with approximately 35,000 megawatts of owned s 9EAR IN WHICH THE 0ROJECT WAS PLANNED capacity comprising one of the nation’s cleanest and lowest- s #ONSTRUCTION 0ERIOD cost power generation fleets. With recent acquisitions in the s 4ARGETED )N 3ERVICE $ATE *UNE renewable space, Exelon possess approximately 3,500MW of s !CTUAL )N 3ERVICE $ATE *UNE renewable generating resources. s .UMBER OF 9EARS IN /PERATION Exelon, through its ComEd, PECO and BGE subsidiaries, has Name of the Transmission Project: invested more than $1.4 billion in its high-voltage transmission Conastone Transformer Replacement Project system since 2003. Below are brief sketches of some of s 0ROJECT ,OCATION 0*- /UTSIDE 0*- 0*- Exelon’s more recent transmission projects. s $ESCRIPTION OF THE 0ROJECT 2EPLACE BOTH #ONASTONE kV transformer banks with larger transformers, and reconfigure both the 500kV and 230kV yards. s 9EAR IN WHICH THE 0ROJECT WAS PLANNED
31 32 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND s $ESCRIPTION OF THE 0ROJECT )NSTALL A K6 #" ')3 RING s 0ROJECT ,OCATION 0*- /UTSIDE 0*- 0*- West LoopPhaseII(Fisk-Crawford) Name ofthe Transmission Project: s .UMBER OF 9EARS IN /PERATION s !CTUAL )N 3ERVICE $ATE !PRIL s 4ARGETED )N 3ERVICE $ATE *UNE s #ONSTRUCTION 0ERIOD s 9EAR IN WHICH THE 0ROJECT WAS PLANNED s $ESCRIPTION OF THE 0ROJECT )NSTALL A K6 #IRCUIT "REAKER s 0ROJECT ,OCATION 0*- /UTSIDE 0*- 0*- s .UMBER OF 9EARS IN /PERATION s !CTUAL )N 3ERVICE $ATE *UNE s 4ARGETED )N 3ERVICE $ATE *UNE s #ONSTRUCTION 0ERIOD s 9EAR IN WHICH THE 0ROJECT WAS PLANNED s $ESCRIPTION OF THE 0ROJECT 2EPLACE THE 7AUGH #HAPEL s 0ROJECT ,OCATION 0*- /UTSIDE 0*- 0*- Waugh 500-230kVPhase1 Chapel Name ofthe Transmission Project: s .UMBER OF 9EARS IN /PERATION s !CTUAL )N 3ERVICE $ATE *UNE s 4ARGETED )N 3ERVICE $ATE *UNE s #ONSTRUCTION 0ERIOD West Loop345kV Name ofthe Transmission Project: Commonwealth EdisonCompany transformers andreconfigurethe500kVyard transformers 500/230 kV Transformer #1withthreesinglephase the FiskSubstation mile 345kVtransmissionline from the Taylor to Substation totheFisksubstation, Substation the Crawford anda2.0 autotransformers, a4.7mile345kVtransmissionlinefrom withtwo345kV/138 theFisk Substation bus at transmission linefrom Taylor to West Loop to line fromCrawford West Loop, anda3.0mile345kV 138 kVautotransformers, a9.7mile345kVtransmission GIS ringbusat West withtwo345kV/ Loopsubstation
s !CTUAL )N 3ERVICE $ATE !PRIL s 4ARGETED )N 3ERVICE $ATE s #ONSTRUCTION 0ERIOD s 9EAR IN WHICH THE 0ROJECT WAS PLANNED s $ESCRIPTION OF THE 0ROJECT )NSTALL TWO -6!2 36#S AT THE s 0ROJECT ,OCATION 0*- /UTSIDE 0*- 0*- Elmhurst Static Var Compensators Name ofthe Transmission Project: s .UMBER OF 9EARS IN /PERATION s !CTUAL )N 3ERVICE $ATE .OVEMBER s 4ARGETED )N 3ERVICE $ATE s #ONSTRUCTION 0ERIOD s 9EAR IN WHICH THE 0ROJECT WAS PLANNED s 4ARGETED )N 3ERVICE $ATE *UNE s #ONSTRUCTION 0ERIOD s 9EAR IN WHICH THE 0ROJECT WAS PLANNED s $ESCRIPTION OF THE 0ROJECT 2EPLACE THE EXISTING CONDUCTOR s 0ROJECT ,OCATION 0*- /UTSIDE 0*- Whitpain –North Wales ReconductoringProject Name ofthe Transmission Project: s .UMBER OF 9EARS IN /PERATION s !CTUAL )N 3ERVICE $ATE *UNE s 4ARGETED )N 3ERVICE $ATE *UNE s #ONSTRUCTION 0ERIOD s 9EAR IN WHICH THE 0ROJECT WAS PLANNED s $ESCRIPTION OF THE 0ROJECT $ESIGN AND #ONSTRUCT A NEW s 0ROJECT ,OCATION 0*- /UTSIDE 0*- 0*- Center PointSubstation Name ofthe Transmission Project: Company PECO Energy s .UMBER OF 9EARS IN /PERATION Elmhurst Substation. conductor ofahigherfacilityrating of the230kV Whitpain –North Wales (220-16)linewitha PJM 500kV anda230kVlineintothenewsubstation a 230kVringbus, andloopingina a500/230kVtransformer consistsofa500kVringbusand that 500/230kV substation *UNE $ECEMBER
THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND
8.4 ENT M CH A ATT
EE : AM S TE
DERSHIP A E F L O
ES 2 E UM UM ES OL R 0%#/ %NERGY &%2# &ORM .O &ILING Attachment 8.4 for the complete 2, Volume Please refer to 2011 PECO Energy form 2011 Commonwealth Edison Co.of Indiana form #OMMONWEALTH %DISON CO OF )NDIANA &%2# Form No.1 Filing Attachment 8.4 for the complete 2, Volume Please refer to 2011 Commonwealth Edison form #OMMONWEALTH %DISON &%2# &ORM .O &ILING Attachment 8.4 for the complete 2, Volume Please refer to V "ALTIMORE 'AS AND %LECTRIC &%2# &ORM .O &ILING Attachment 8.4 for the complete 2, Volume Please refer to 2011 Baltimore Gas and Electric form documents below: documents below: A full list of Exelon transmission facilities is foundA full list of Exelon transmission facilities in the transformer at the Heaton Substation IN FOR s
s
s s
s !CTUAL )N 3ERVICE $ATE /CTOBER s .UMBER OF 9EARS IN /PERATION s 9EAR IN WHICH THE 0ROJECT WAS PLANNED s #ONSTRUCTION 0ERIOD s 4ARGETED )N 3ERVICE $ATE $ECEMBER s $ESCRIPTION OF THE 0ROJECT )NSTALLING A ND Name of the Transmission Project Transmission Name of the Project Transformer Heaton s 0ROJECT ,OCATION 0*- /UTSIDE 0*- 0*- s !CTUAL )N 3ERVICE $ATE *UNE s .UMBER OF 9EARS IN /PERATION THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND Y LL A BLIC U P
OR
HELD Y TEL A PRIV .G., E ( TION S U MA T A ION OR ST F
N T I ); DED A WNERSHIP PONSOR the energy delivery businesses. Exelon is a publicly traded the energy delivery businesses. Stock Exchange (NYSE) under York company listed on the New the ticker symbol EXC. is a Delaware limited liability company and Transmission Exelon a subsidiary of Exelon Corporation. is a 2000, formed December 27, Exelon Generation, Pennsylvania limited liability company and a subsidiary of Exelon Generation is providing an optional Exelon Corporation. bid for energy and capacity that is separate from the Poseidon Project described in this Response. Edward Krapels with managing is the individual who is charged Anbaric Poseidon. Exelon Exelon is a Incorporated in Pennsylvania in February 1999, through its principal utility services holding company engaged, and in the energy generation business, generation, subsidiary, in PECO and BGE, through its principal subsidiaries ComEd, Exelon Corporation, through a subsidiary, is investing in the through a subsidiary, Exelon Corporation, has Poseidon Project and with its $52 billion balance sheet, more than sufficient financial strength to back Poseidon’s development. O TR Exelon Generation and Anbaric Poseidon is privately held. are subsidiaries of Exelon Corporation Transmission Exelon Stock Exchange York whose common shares trade on the New under the symbol EXC. S , ORMA TION ZA
F NI ND GA A N OR I TES F A
O
ILI AFF CT NT A RISDICTION U J RELEV , TION Y ED N M MA F A OR O ROLE
OR
F TION F TE CH MA A U TION D S A OR , F IC F S F O N U
T A Y I ENT N ST
A M IDENTI L P
TE
M GA A ND O E formed on March 11, 2011 as a Delaware Limited Liability formed on March 11, Company to develop the Poseidon Project with an affiliate of Transmission. Exelon A ST Anbaric Poseidon Holding LLC (“Anbaric Poseidon”) was L As the member of Anbaric Poseidon Holding, LLC, the entity LLC, Anbaric Poseidon Holding, As the member of Krapels is Mr. LLC, Transmission that is manager of Poseidon the principal contact person for the Poseidon Project. [email protected] 401 Edgewater Place, Suite 650 401 Edgewater Place, MA 01880 Wakefield, 781-683-0707 Edward N. Krapels, Member Krapels, Edward N. Anbaric Poseidon Holding LLC Contact Person 401 Edgewater Place, suite 650 401 Edgewater Place, MA 01880 Wakefield, 781-683-0707 Anbaric Poseidon Holding LLC Anbaric Poseidon LLC Anbaric Holding c/o information about Anbaric Poseidon Holding LLC below. information about C Transmission LLC. The managing member of that entity is LLC. Transmission LLC and we provide the requested Anbaric Poseidon Holding 8.5 PROJECT IN is being developed byThe Poseidon Project Poseidon 8.5 PROJE 36 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND security, executingtheFCTPA, andprovidingproductstoNYPA, is authorizedtoactonitsbehalf. Forpurposes offinancial of theConsortium. EdwardN. isthe individualwho Krapels financial close, astheleadmember Anbaric Poseidonserves developmentactivitiesthrough thisProposalandfor about For thepurposesofrespondingtoquestionsfromNYPA SEC O (A IN IF Anbaric HoldingLLCDUNSnumber: 831203000 DUNSnumber:Exelon Corporation 001807150 D remain toberesolved. are multipleregulatory, corporate, andfinancial issueswhich aleadmember, todesignate it ispremature there that given U F S F THE NS NUM THE OR
U RE RIT P MA QU M Y A ROPOS TION E IRED M BER ND BER
ON IN A F E X
L RO RESPONSIBLE
EC
THIS IS ITS M DU
U S TIN
U LE C B ONTENT GA M G N ITTED &B THE L F OR F PP R
OR A B O M A A DSTREET Y A F P
. PROVIDIN ND ROPOS CONSORTI
8.5 PROJE E A ; CH A LS G A
O ), A F UM, LL ITS CT F ND IN M IN
IDENTIT E F A M ORMA NCI BERS A L T
Y ION
THE POSEIDON PROJEC T
8.6 DISCLOSURE STATEMENTS SECURING DOWN
8.6 DISCLOSURE STATEMENTS S
To the best of Exelon’s knowledge, information and belief, in TATE the last five years there has been no instance where Exelon or R any of its officers or directors, or any of its affiliates defaulted ELIABILITY, or was deemed to be in noncompliance with any obligation related to the sale or purchase of power (capacity energy and/ R or ancillary services), transmission, or natural gas, or was EPOWERING the subject of a civil proceeding for conversion, theft, fraud, business fraud, misrepresentation, false statements, unfair or deceptive business practices, anti-competitive acts or omissions, L or collusive bidding or other procurement- or sale-related ONG irregularities. IS LAN
To the best of Exelon’s knowledge, information and belief, in D the last five years there has been no instance where Exelon or any of its officers or directors, or any of its affiliates has been convicted of (i) any felony, or (ii) any crime related to the sale or purchase of power (capacity, energy, and/or ancillary services), transmission, or natural gas conversion or theft, fraud, business fraud, misrepresentation, false statements, unfair or deceptive business practices, anti-competitive acts or omissions, or collusive bidding or other procurement- or sale-related irregularities.
In the last five years there has been no instance where Anbaric or any of its officers or directors, or any of its affiliates defaulted or was deemed to be in noncompliance with any obligation related to the sale or purchase of power (capacity energy and/ or ancillary services), transmission, or natural gas, or was the subject of a civil proceeding for conversion, theft, fraud, business fraud, misrepresentation, false statements, unfair or deceptive business practices, anti-competitive acts or omissions or collusive bid irregularities.
37 38 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND 8.6 related irregularities.related omissions, orcollusivebiddingotherprocurement-sale- unfair ordeceptivebusinesspractices, anti-competitiveactsor fraud, businessfraud, misrepresentation, falsestatements, services), transmission, gasconversionortheft, ornatural sale orpurchaseofpower(capacity, energy, and/orancillary felony,been convictedof(i)any tothe crimerelated or(ii)any ofitsofficersordirectors,or any has ofitsaffiliates orany In thelastfiveyearstherehasbeennoinstancewhere Anbaric D IS CL OSURE S T A T EMEN T S 8.7 FINANCIAL CAPACITY TO COMPLETE AND OPERATE THE PROPOSED PROJECT THE POSEIDON PROJEC T
8.7 FINANCIAL CAPACITY SECURING DOWN TO COMPLETE AND OPERATE THE PROPOSED PROJECT
8.7 FINANCIAL CAPACITY TO COMPLETE AND OPERATE THE PROJECT S TATE Poseidon Transmission consists of a development team that R has financed larger projects on a project finance basis. As we ELIABILITY, explain below, the Poseidon team has the financial resources to fund the development process, secure lending to finance R construction, and bring the Project to commercial operation by EPOWERING the June 1, 2016 deadline.
A DETAILED DESCRIPTION OF PROPOSED SHORT- AND LONG-TERM L FINANCING ARRANGEMENTS. A LIST OF ALL EQUITY PARTNERS, ONG
SOURCES OF EQUITY AND DEBT, DEBT STRUCTURE. IS Development phase equity funding for the Poseidon Project will LAN
be provided by Exelon. Permanent financing is expected to be D provided through 70-80% debt and 20-30% equity. Exelon is expected to provide the permanent equity. With the backing of a contract for the project, we anticipate that debt financing will be available through the commercial bank markets, the public debt markets, private placement institutional markets, or a combination thereof.
39 40 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND should allow the project to readily raiseitsdebtfinancing.should allowtheprojecttoreadily withacreditworthycounterparty salesagreement Capacity provider suchas ABB andalong-termFirm Transmission ofstrongEPCcontractorswithawell-known The combination ofanHVDCproject. construction andoperation and credit tosupportthedevelopment, toraisecapital ability RTS andHudson Transmission Projects, the hasdemonstrated In addition, Anbaric, intheNeptune throughitsparticipation financialreports.aspx at: http://www.exeloncorp.com/performance/investors/ Project. DetailsonExelon’s areavailable financialperformance development, ofthePoseidon constructionandoperation the liquidityfor providemorethanadequate and itsaffiliates toExelon cashandthecreditfacilitiesavailable generated sources, andotherfinancingalternatives. Exelon’s internally following: cash, existingcreditfacilities, externalfinancing ofthe combination withany project throughasubsidiary company,grade-rated tofinancethe maintainstheability Exelon, andinvestment a$30billionmarketcapitalization substantial experience, capability, andfinancialbacking. adevelopmentteamwith The PoseidonProjectisbackedby FIN Hudson Neptune Project Partners Transmission A NCI A L I N F OR MA Bergen, NJ NJ Sayreville, Origin TION –CA ANB P A CIT A RIC Manhattan, NY West 49thStSubstation, NY New Cassel, LongIsland, Terminus Y A –T ND P ER R A F OR NS MA M NCE ISSION L INES 660 660 Capacity (MW) provider suchas ABB andalong-termFirm Transmission ofastrongEPCContractwithwellknown The combination D Poseidon. ofasubstantialHVDCprojectlike construction andoperation andcredittosupportthedevelopment toraisecapital ability and Hudson Transmission Projects, the hasdemonstrated intheNeptuneRegional participation Transmission System construction andoperation. Inaddition, Anbaric, throughits financial resources to support the Project through development, andhasthe company Exelon isaninvestmentgrade-rated THE P D the Poseidon Transmission Project. themembersofconsortiumbacking projects developedby highlight transmissionandgeneration tables The following F A the project. Exelon isexpectedtoprovidetheequityfinancingfor institutional markets, thereof. oracombination market, thepublicdebtmarkets, placement theprivate toberaisedinthecommercialbank The debtisanticipated portionoftheproject. thecable of 70-80%long-termdebtfor The company’s structure acapital financingplan anticipates project toraiseitsdebtfinancingonalimited-recoursebasis. withNYPA ortariff salesagreement Capacity shouldallowthe IN ROPOSER
ESCRIBE E D SCHED M A
PROJECT ONSTR EVELOPED NCED U
LE
PROPOSED ' B A S Y P
TE
SHOWIN P THRO A
TH ROPOSER RENT A A T UG F ND HVDC HVDC Technology
G A OR C IN H A
A PIT CONSTR AFF
LL IN NCI FIN MA A
THE L ILI A
A STR L JOR A A NCED
U TE P RR CTION U A A
ST CT PROJECTS A RE 10Y N U G
RE A S E UFF M F ND E 2013 (target) June 2007 June Online Date OR ENTS A ICIENT
RS THE DEVELOPED
THE . F PP RO
PROJECT TO A M
TER S U A PPORT M. ND
8.7 FINANCIAL CAPACITY TO COMPLETE AND OPERATE THE PROPOSED PROJECT THE POSEIDON PROJEC
Exelon has experience in transmission investment, owning, INFORMATION CONCERNING THE PROPOSER’S FINANCIAL operating and maintaining approximately 7,000 miles of CONDITION AND EVIDENCE OF CREDITWORTHINESS INCLUDING: transmission lines, including 90 miles of high-voltage 765 kV i. Audited financial statements for its three most recent fiscal T
lines. Exelon, through its ComEd, PECO and BGE subsidiaries, years; or SECURING DOWN has invested more than $1.4 billion in high-voltage ii. Audited financial statements from Proposer’s parent, if transmission system since 2003. For further detail on this, Proposer does not havesuch financial statements; or please refer to our answer above, in section 8.4. iii. Statement describing why the statements in either i) or ii) cannot be provided and provide alternate information to PROVIDE DETAILS OF ANY EVENTS OF DEFAULT OR OTHER CREDIT demonstrate Proposer’s financial capacity to complete and S ISSUES ASSOCIATED WITH ALL MAJOR PROJECTS LISTED IN operate the proposed project. TATE
SECTION ABOVE. R Exelon Corporation has the capacity to be the Guarantor for ELIABILITY, To the best of the Proposers’ knowledge, there are no events the project. Below are excerpts from the Balance Sheet and of default or other credit issues associated with the projects Income Statement of Exelon’s SEC Form10K Report (as of above. R December 31, 2012) demonstrating the Company’s strong EPOWERING creditworthiness:
December 31, (In millions) 2012 2011 2010 2009 2008 L Balance Sheet data: ONG Current assets $ 10,133 $ 5,713 $ 6,398 $ 5,441 $ 5,130 Property, plant and equipment, net 45,186 32,570 29,941 27,341 25,813 Noncurrent regulatory assets IS
6,497 4,518 4,140 4,872 5,940 LAN Goodwill 2,625 2,625 2,625 2,625 2,625
Other deferred debits and other assets 14,113 9,569 9,136 8,901 8,038 D
Total assets $ 78,554 $ 54,995 $ 52,240 $ 49,180 $ 47,546
Current liabilities $ 7,784 $ 5,134 $ 4,240 $ 4,238 $ 3,811 Long-term debt, including long-term debt to financing trusts 18,346 12,189 12,004 11,385 12,592 Noncurrent regulatory liabilities 3,981 3,627 3,555 3,492 2,520 Other deferred credits and other liabilities 26,626 19,570 18,791 17,338 17,489 Preferred securities of subsidiary 87 87 87 87 87 Noncontrolling interest 106 3 3 BGE preference stock not subject to mandatory redemption 193 21,431 14,385 13,560 12,640 11,047
$ 78,554 $ 54,995 $ 52,240 $ 49,180 $ 47,546
For the Years Ended December 31,
(In millions, except per share data) 2012 (a) 2011 2010 2009 2008 Statement of Operations data:
Operating revenues $ 23,489 $ 19,063 $ 18,644 $ 17,318 $ 18,859 Operating income 2,380 4,479 4,726 4,750 5,299 Income from continuing operations 1,171 2,499 2,563 2,706 2,717 Income from discontinued operations 1 20 Net income on common stock 1,171 2,499 2,563 2,707 2,737
Additional information regarding Exelon’s historical financial reporting is available at: http://www.exeloncorp.com/performance/investors/financialreports.aspx 41 42 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND 2013. underway, inJune and Hudson isexpectedtogointoservice Authority in2006. Constructionhasbeencompleted, testingis The HudsonProjectwonanRFPfromtheNew York Power schedule andonbudget, inJune2007. andwasenergized The Neptunefinancingwascompleted, andthe Projectbuilton finance eachofthesetwoindependenttransmissionprojects. development equity, permanentequity, anddebtsufficientto York Authorities. toraise Anbaric anditspartnerswereable New Both NeptuneandHudsonwonRFPsconductedby previous New York-based DC Transmission projects. bidon,development companiesthat won, andexecutedtwo Member,Managing Anbaric Poseidon, wasamemberinthe Anbaric Transmission, ofPoseidon anaffiliate Transmission’s P SI B I 8.7 FINAN 2. 1. NCL ROPOSER Y M
Hudson LLC). Partners (viaaspecialpurposevehicleknownas Anbaric Edward N. Krapels, isamemberofHudson Transmission The Hudson Transmission Project: Anbaric’s Manager, developers oftheNeptuneProject. as Anbaric Neptune)in Partners LLC(AEP),Atlantic Energy was amember(viaspecialpurposevehiclenowknown The NeptuneProject: Anbaric’s Manager, EdwardN. Krapels, THE IL U A DE R P
F TO ROPOSER C O F IA
U THE OR L R CA
RE A THE P RR A F
TH C ERENCES
I PROJECT A TY A N T
G
T E O COM E M M PLO F ENTS . RO Y PL M ED
CONTE E T PRIOR F E AND IN A M NCIN
PL PROJECTS OP A ERA TED G A T
E RR B T Y
A HE PRO DEVELOPED THE N G E
M P ENTS OSED PROJE
P IN 5 F C O ROJECT CT F M O OR PLETED U ND MA .
TION IN
FIN VOL
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BLE TO T A S
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RE F ENTS OR QU
ESTED THE 4A
ND
THE POSEIDON PROJEC T
8.8 ENVIRONMENTAL BENEFITS OF PROJECT SECURING DOWN GENERAL STATEMENT OF THE PROJECT’S ENVIRONMENTAL BENEFITS
The project is expected to provide numerous environmental
S benefits including: TATE s 3UPPORTS THE TRANSITION TO A CLEANER GENERATION mEET ON R Long Island, a clean energy goal of the Energy Highway ELIABILITY, Blueprint; s )MPROVED AIR QUALITY THROUGH DISPLACEMENTREDUCED R operation and consequential emissions from Long Island’s EPOWERING aging fossil generation facilities; s 2EDUCED CLIMATE CHANGE POTENTIAL THROUGH ACHIEVEMENT of greater access to non-carbon renewable, high L efficiency generation resources in PJM as well as through ONG displacement of lower efficiency generation from aging, IS
cycling and peaking generation on Long Island; LAN
s 2EDUCED MARINE ORGANISM IMPACTS ACHIEVED THROUGH D displacement/curtailment of operations of once-through cooling systems associated with Long Island’s lower efficiency, aging steam electric generation facilities; s -INIMAL POST CONSTRUCTION AESTHETIC IMPACT ACHIEVED through burial of the transmission line along the proposed right of way; s 2EDUCED STRESS ON ,ONG )SLANDS CRITICAL SOLE SOURCE drinking water aquifer resources since the transmission line is solid dielectric design (not oil filled), will consume minimal freshwater at its terminal ends, and present no spill contamination threat because no petroleum or hazardous chemical storage/transport is required for operation; s -INIMAL LAND USE IMPACTDISTURBANCE SINCE THE ROUTE IS underground and primarily follows existing highway rights of way and because the terminal facilities are low acreage per MW of capacity compared to equivalent on Island generation options; s -INIMAL IMPACT TO SENSITIVE FRESHWATER AND TIDAL WETLAND habitats through use of horizontal direction drilling construction methods;
43 44 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND discussed lower implied Heat Rate) and accordingly will have willhave andaccordingly Rate) discussed lowerimpliedHeat moreefficientresources(basedonthepreviously produced by throughPJMwillbe available theenergy It isexpectedthat GREENHO 2007. mid 2003andNeptunegoing inservice inlate in Service going isshownbelowwiththeCrossSoundCable Generation operation. The impacttheseprojectshadon olderLongIsland andtheNeptuneprojectsbegancommercial Sound Cable whenboththeCross and shouldyieldresultssimilartothat oftheexisting,operation fleetwillbedramatic oldergeneration gases. onreducingthe The impactPoseidonwillhave emissionsofconventionalpollutantsandgreenhouse regional dirty powerplants. This willresultinsignificantreductions requirement, therepoweringorretirementofolder, enabling Poseidon willhelpmeetLongIsland’s reserve NYISOlocational than onLongIsland. Additionally, asanon-islandresource, DeansSubstation at 20%moreefficiently generated typically Rates,Based onacomparisonofImpliedHeat is energy fleet.support thetransitiontoacleaneron-islandgenerating Poseidon willlowerLongIsland’s emissionsprofileand P 8.8 ENVIRONMEN ROJECT ’ S U
E SE M GA ISSION T S Annual GrossGeneration ofNorthport, PortJeffersonandBarrett A
E L
M B
PRO ISSIONS ENE F F I ILE Cross SoundCable T S O (A F NN
P ROJE UA Power Stations2001-2012 L CT
E M ISSIONS ) Neptune expected that criteria pollutant emissions will decrease by criteriapollutantemissionswilldecreaseby expected that from PJMvsLongIslandconventionalcyclegasunitsitis transmitted As aresultofimprovedefficiencytheenergy 25%perMWHrdisplaced.approximately airtoxicsemissionswilldecreaseby regional expected that from PJMvs. LongIslandconventionalcyclegasunitsitis transmitted As aresultofimprovedefficiencytheenergy annually. willbeavoided tons ofCO2annually fromLongIslandplants,fired energy 530,000 approximately 3,635,400MWHrsofconventionalcyclegas approximately factorandthusdisplace anannual83%capacity at operate fired conventionalcycleunits. thelinewill Expectingthat LongIslandUnitswhicharelessefficientgas the marginal from thanthedisplacedenergy a lowerCO2emissionrate regional airqualityandlowerGHGemissions.regional helpsimprove Its displacementofhigheremittinggeneration accesstozeroGHGrenewables.This projectopensgreater improved environmentalquality. and increaseduseofrenewables The Blueprintcallsfor beevengreater.likely 25%perMWHrdisplaced.approximately NOxreductionswill THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND
WITH
ED CTS A M DEE NYPA in NYPA
NYPA to NYPA
CONTR Y R A ORDERS ERC 1, 2016 COD; F NECESS
NE
F OR 1, 2016 COD O
JU NE THE TION
JU Y PSC U N EC THE A
X E CHIEVE OR
E(S) A ) F OR S CHIEVE TO ( F
C A TE TE A A FTCPA by February 1, 2014 to meet the by February 1, FTCPA TO
D D
Y ORDER R
A IN
A P Y ROPOSED ROPOSED Assuming a selection of the Poseidon Project byAssuming a selection of the Poseidon Project we would respectfully require September 2013, execute an operation 2016 commercial date. June 1, P NECESS 2013 for The most significant target date is December 1, FERC market-based authority. A comprehensive development schedule is provided which A comprehensive development testing construction, review, environmental includes permitting, and commercial operation is included in this section. P N E L ESOUR R HEDU SC OSED ANS AND P L P T
MEN P O
L
EVE
D 8.9 PRO DEVELOPMENT SCHEDULE IN MS PROJECT 2010 GANTT CHART FORMAT (INCLUDING PERMITTING, ENVIRONMENTAL REVIEW, CONSTRUCTION, TESTING, AND COMMERCIAL OPERATION);
Poseidon Transmission Project Development Schedule
ID Task Name 2013 2014 2015 2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 1 PERMITTING 2 Federal 3 USACE Individual Permit 4 Application Development 5 Application Submission 10/2 6 Application Review 7 Permit Issued 10/4 8 New Jersey State 9 NJDEP Waterfront Development Permit / Coastal & Freshwater Wetlands Permit / 401 Water Quality Certification / Section 106 Review / Dredging & Dredge Material Disposal Permit 10 Application Development 11 Application Submission 10/2 12 Application Review 13 Permit Issued 10/4 14 NJDEP Federal Consistency Certification 15 Application Development 16 Application Submission 11/2 17 Application Review 18 Permit Issued 5/2 19 NJDEP Coastal Area Facility Review Act Permit 20 Application Development 21 Application Submission 11/1 22 Application Review 23 Permit Issued 5/1 24 NJDOT Highway Occupancy Permit 25 Application Development 26 Application Submission 11/1 27 Application Review 28 Permit Issued 5/1 29 NJ Turnpike Authority License to Cross 30 Application Development 31 Application Submission 11/1 32 Application Review 33 Permit Issued 5/1 34 NJDEP Construction Activity Stormwater Perm 35 Application Development 36 Application Submission 9/1 37 Application Review 38 Permit Issued 10/2 39 Freehold Soil Conservation District Soil Erosion & Sediment Control Plan 40 Plan Development 41 Plan Submission 9/1 42 Plan Review 43 Plan Approved 10/2 44 New Jersey Local 45 South Brunswick Township Site Plan Approval 46 Plan Development 47 Plan Submission 12/2 48 Plan Review 49 Plan Approval 2/1 50 New York State 51 NYSDPS Certificate of Environmental Compatibility & Public Need / 401 Water Quality Certification
Project: Poseidon Schedule 05161 Milestone Manual Task Date: Thu 5/16/13
46 Page 1 DEVELOPMENT SCHEDULE IN MS PROJECT 2010 GANTT CHART FORMAT (INCLUDING PERMITTING, ENVIRONMENTAL REVIEW, CONSTRUCTION, TESTING, AND COMMERCIAL OPERATION);
Poseidon Transmission Project THE POSEIDON PROJEC Development Schedule
ID Task Name 2013 2014 2015 2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 1 PERMITTING 2 Federal 3 USACE Individual Permit 4 Application Development 5 Application Submission 10/2 T 6
Application Review SECURING DOWN 7 Permit Issued 10/4 8 New Jersey State 9 NJDEP Waterfront Development Permit / Coastal & Freshwater Wetlands Permit / 401 Water Quality Certification / Section 106 Review / Dredging & Dredge Material Disposal Permit 10 Application Development S 11 Application Submission 10/2 TATE 12 Application Review R
13 Permit Issued 10/4 ELIABILITY, 14 NJDEP Federal Consistency Certification 15 Application Development 16 Application Submission 11/2 R
17 Application Review EPOWERING 18 Permit Issued 5/2 19 NJDEP Coastal Area Facility Review Act Permit 20 Application Development 21 Application Submission 11/1
22 L
Application Review ONG 23 Permit Issued 5/1 24 NJDOT Highway Occupancy Permit IS
25 Application Development LAN 26 Application Submission 11/1 27 Application Review D 28 Permit Issued 5/1 29 NJ Turnpike Authority License to Cross 30 Application Development 31 Application Submission 11/1 32 Application Review 33 Permit Issued 5/1 34 NJDEP Construction Activity Stormwater Perm 35 Application Development 36 Application Submission 9/1 37 Application Review 38 Permit Issued 10/2 39 Freehold Soil Conservation District Soil Erosion & Sediment Control Plan 40 Plan Development 41 Plan Submission 9/1 42 Plan Review 43 Plan Approved 10/2 44 New Jersey Local 45 South Brunswick Township Site Plan Approval 46 Plan Development 47 Plan Submission 12/2 48 Plan Review 49 Plan Approval 2/1 50 New York State 51 NYSDPS Certificate of Environmental Compatibility & Public Need / 401 Water Quality Certification
Project: Poseidon Schedule 05161 Milestone Manual Task Date: Thu 5/16/13
Page 1 47 DEVELOPMENT SCHEDULE IN MS PROJECT 2010 GANTT CHART FORMAT (INCLUDING PERMITTING, ENVIRONMENTAL REVIEW, CONSTRUCTION, TESTING, AND COMMERCIAL OPERATION); Poseidon Transmission Project Development Schedule
ID Task Name 2013 2014 2015 2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 52 Application Development 53 Application Submission 10/2 54 Application Review 55 Permit Issued 10/4 56 NYSDPS Environmental Management & Construction Plan 57 Plan Development 58 Plan Submission 11/1 59 Plan Review 60 Plan Approved 1/31 61 NYSDOS Coastal Zone Management Consistency Certificate 62 Application Development 63 Application Submission 11/2 64 Application Review 65 Permit Issued 5/2 66 NYSOGS Construction Permit / Underwater Utility Easement 67 Application Development 68 Application Submission 11/2 69 Application Review 70 Permit Issued 5/2 71 NYSDOT Highway Work Permit 72 Application Development 73 Application Submission 74 Application Review 75 Permit Issued 1/31 76 NYSDOT Accomodation Plan Approval 77 Application Development 78 Application Submission 10/2 79 Application Review 80 Permit Issued 10/4 81 82 PROJECT FINANCING 83 Preliminary Financing for Limited Notice to Proceed 84 Financial Close 2/2 85 86 NOTICE TO PROCEED 87 Interim Engineering Agreement 10/1 88 Final Notice to Proceed 2/2 89 90 FIRM TRANSMISSION CAPACITY PAYMENT AGREEMENT 91 Negotiate 92 Execute 2/2 93 94 EXECUTING THE EPC 3/2 95 96 OFFSHORE CABLE CONSTRUCTION 97 Cable production 98 Purchase Metals for Cable Manufacturing 99 Cable Manufacturing ready to load on vessel 100 Offshore Installation 101 Pre Rock Dump Crossings Existing Utilities ( Provisional as Crossing arrangements to be agreed) 102 Mobilisation including transit to site
Project: Poseidon Schedule 05161 Milestone Manual Task Date: Thu 5/16/13 48 Page 2 DEVELOPMENT SCHEDULE IN MS PROJECT 2010 GANTT CHART FORMAT (INCLUDING PERMITTING, ENVIRONMENTAL REVIEW, CONSTRUCTION, TESTING, AND COMMERCIAL OPERATION);
Poseidon Transmission Project THE POSEIDON PROJEC Development Schedule
ID Task Name 2013 2014 2015 2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 52 Application Development 53 Application Submission 10/2 54 Application Review 55 Permit Issued 10/4 56 NYSDPS Environmental Management & T
Construction Plan SECURING DOWN 57 Plan Development 58 Plan Submission 11/1 59 Plan Review 60 Plan Approved 1/31 61 NYSDOS Coastal Zone Management Consistency Certificate 62 Application Development S
63 Application Submission 11/2 TATE 64 Application Review
5/2 R 65 Permit Issued ELIABILITY, 66 NYSOGS Construction Permit / Underwater Utility Easement 67 Application Development
68 11/2 R
Application Submission EPOWERING 69 Application Review 70 Permit Issued 5/2 71 NYSDOT Highway Work Permit 72 Application Development
73 Application Submission L ONG 74 Application Review 75 Permit Issued 1/31 76 NYSDOT Accomodation Plan Approval IS LAN 77 Application Development
78 Application Submission 10/2 D 79 Application Review 80 Permit Issued 10/4 81 82 PROJECT FINANCING 83 Preliminary Financing for Limited Notice to Proceed 84 Financial Close 2/2 85 86 NOTICE TO PROCEED 87 Interim Engineering Agreement 10/1 88 Final Notice to Proceed 2/2 89 90 FIRM TRANSMISSION CAPACITY PAYMENT AGREEMENT 91 Negotiate 92 Execute 2/2 93 94 EXECUTING THE EPC 3/2 95 96 OFFSHORE CABLE CONSTRUCTION 97 Cable production 98 Purchase Metals for Cable Manufacturing 99 Cable Manufacturing ready to load on vessel 100 Offshore Installation 101 Pre Rock Dump Crossings Existing Utilities ( Provisional as Crossing arrangements to be agreed) 102 Mobilisation including transit to site
Project: Poseidon Schedule 05161 Milestone Manual Task Date: Thu 5/16/13 Page 2 49 DEVELOPMENT SCHEDULE IN MS PROJECT 2010 GANTT CHART FORMAT (INCLUDING PERMITTING, ENVIRONMENTAL REVIEW, CONSTRUCTION, TESTING, AND COMMERCIAL OPERATION); Poseidon Transmission Project Development Schedule
ID Task Name 2013 2014 2015 2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 103 Pre lay rock dumping Number of Crossings T 104 Demobilisation including transit from site 105 Cofferdam Construction New Jersey & Long Isla 106 Mob Cofferdam Barges 107 Construct Cofferdam Long Island 108 Dredge Cofferdam 109 Transit & Remobilisation of Cofferdam Barges New Jersey 110 Construct Cofferdam New Jersey 111 Dredge Cofferdam 112 PLGR Provisional TBA if within the ABB Scope of Work 113 Moblisation and Transit to Site 114 PLGR Operations 1 x 77km 115 Demobilisation and Transit from Site 116 Transport of Cable from Karlskrona to New York Area 117 Mobilisation, Load out and Transit 3/22 118 Moblisation including preparation of Trenching equipment etc 119 Transit to Karlskrona 120 Moblisation in Karlskrona including loading of jointing equipment etc 121 Load out 2 x 77km of Cable Parallel 122 Seafastening & Awaiting Pilot 123 Transit from Karlskrona to New York Area & Field Entry Preparation/ DP Checks 124 Custom Clearance USA 125 Field Entry Preparation/ DP Checks & Prepare for spooling of cable to Cable Lay 126 CableB Installation KP 0 36 127 Main Lay Operations 128 Mobilize DP Barge 129 DP Trials 130 Plow (Turbidity Testing NY Waters) 131 Submarine Cable Installation 132 Load Cable from CLV to CLB for Shallow water Section KP 0 36 133 Lay & simutaneous burial Jet Plow Burial Bundled Cable KP 0 36 134 Float in & Shore Pull Cable 1 New Jersey) 135 Float in & Shore Pull Cable 2 (New Jersey) 136 Custom Clearance 137 Transit & Demoblisation 138 Cable Installation KP 36 77 139 Cable Installation 140 Transit to Cable Bundle “Wet Stored” Locat 141 Recover Cable Bundle end to Jointing Statio 142 Perform “In Line” Splice 143 Overboard “In Line” Splice 144 Lay & simutaneous burial KP 36 to 77 41km HVDC Cable Bundle 145 Added time for replacement of Yard for bundling 146 Float in & Shore Pull Cable 1 (Long Island) 147 Float in & Shore Pull Cable 2 (Long Island) 148 Custom Clearance
Project: Poseidon Schedule 05161 Milestone Manual Task Date: Thu 5/16/13 50 Page 3 DEVELOPMENT SCHEDULE IN MS PROJECT 2010 GANTT CHART FORMAT (INCLUDING PERMITTING, ENVIRONMENTAL REVIEW, CONSTRUCTION, TESTING, AND COMMERCIAL OPERATION);
Poseidon Transmission Project THE POSEIDON PROJEC Development Schedule
ID Task Name 2013 2014 2015 2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 103 Pre lay rock dumping Number of Crossings T 104 Demobilisation including transit from site 105 Cofferdam Construction New Jersey & Long Isla 106 Mob Cofferdam Barges 107 Construct Cofferdam Long Island T
108 Dredge Cofferdam SECURING DOWN 109 Transit & Remobilisation of Cofferdam Barges New Jersey 110 Construct Cofferdam New Jersey 111 Dredge Cofferdam 112 PLGR Provisional TBA if within the ABB Scope of Work 113 Moblisation and Transit to Site S
114 PLGR Operations 1 x 77km TATE 115 Demobilisation and Transit from Site R
116 Transport of Cable from Karlskrona to New ELIABILITY, York Area 117 Mobilisation, Load out and Transit 3/22 118 Moblisation including preparation of
Trenching equipment etc R EPOWERING 119 Transit to Karlskrona 120 Moblisation in Karlskrona including loading of jointing equipment etc 121 Load out 2 x 77km of Cable Parallel 122 Seafastening & Awaiting Pilot L ONG 123 Transit from Karlskrona to New York Area & Field Entry Preparation/ DP Checks
124 Custom Clearance USA IS LAN 125 Field Entry Preparation/ DP Checks &
Prepare for spooling of cable to Cable Lay D 126 CableB Installation KP 0 36 127 Main Lay Operations 128 Mobilize DP Barge 129 DP Trials 130 Plow (Turbidity Testing NY Waters) 131 Submarine Cable Installation 132 Load Cable from CLV to CLB for Shallow water Section KP 0 36 133 Lay & simutaneous burial Jet Plow Burial Bundled Cable KP 0 36 134 Float in & Shore Pull Cable 1 New Jersey) 135 Float in & Shore Pull Cable 2 (New Jersey) 136 Custom Clearance 137 Transit & Demoblisation 138 Cable Installation KP 36 77 139 Cable Installation 140 Transit to Cable Bundle “Wet Stored” Locat 141 Recover Cable Bundle end to Jointing Statio 142 Perform “In Line” Splice 143 Overboard “In Line” Splice 144 Lay & simutaneous burial KP 36 to 77 41km HVDC Cable Bundle 145 Added time for replacement of Yard for bundling 146 Float in & Shore Pull Cable 1 (Long Island) 147 Float in & Shore Pull Cable 2 (Long Island) 148 Custom Clearance
Project: Poseidon Schedule 05161 Milestone Manual Task Date: Thu 5/16/13 Page 3 51 DEVELOPMENT SCHEDULE IN MS PROJECT 2010 GANTT CHART FORMAT (INCLUDING PERMITTING, ENVIRONMENTAL REVIEW, CONSTRUCTION, TESTING, AND COMMERCIAL OPERATION); Poseidon Transmission Project Development Schedule
ID Task Name 2013 2014 2015 2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 149 Spare Cable, Transit and Demobilisation 150 Transit to Client nominated Port (TBD) 151 Transfer Spare Cable to Client Storage Provisional Spare Cable TBC 152 Local demobilisation 153 Custom Clearance 154 Transit to Karlskrona for Demob 155 Awaiting for pilot 156 Demob Vessel including trenching equipment etc 157 Cofferdams Reinstatement 158 Long Island Cofferdam 159 Backfill LI Cofferdams 160 Pull Sheeting LI Cofferdams 161 NJ Cofferdams 162 Backfill NJ Cofferdams 163 Pull Sheeting NJ Cofferdams 164 Post lay rock dumping Existing Utilities ( Provisional as Crossing arrangements to be agreed) 165 Mobilisation including Transit from Site 166 Post lay rock dumping Number of Crossings T 167 Demobilisation including Transit from site 168 HVDC Link tested 169 Transition joint (splicetogether land cables and submarine cables) 170 After Installation Test 171 172 UPLAND CABLE CONSTRUCTION 173 Procurement 174 Contract Signing 10/1 175 Cable Materials Procure and Production 176 Engineering 177 Route Verification 178 Geotechnical Study 179 Route Civil Engineering 180 Construction 181 New Jersey 182 Cable Trenching, Laying & Jointing 183 Testing and Commissioning 184 New York 185 Cable Trenching, Laying & Jointing 186 Testing and Commissioning 187 Project Handover 188 As built Drawings 189 Project Close 4/18 190 191 CONVERTER STATION CONSTRUCTION 192 Project Setup 193 Milestones 194 Project Milestones 195 Limited Notice to Proceed 10/1 196 Start of Engineering 10/2 197 Purchase of Converter Transformers 5/15 198 Purchase of IGBT 5/15 199 Final Notice to Proceed 11/3 200 Start of Civil Works 3/23
Project: Poseidon Schedule 05161 Milestone Manual Task Date: Thu 5/16/13 52 Page 4 DEVELOPMENT SCHEDULE IN MS PROJECT 2010 GANTT CHART FORMAT (INCLUDING PERMITTING, ENVIRONMENTAL REVIEW, CONSTRUCTION, TESTING, AND COMMERCIAL OPERATION);
Poseidon Transmission Project THE POSEIDON PROJEC Development Schedule
ID Task Name 2013 2014 2015 2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 149 Spare Cable, Transit and Demobilisation 150 Transit to Client nominated Port (TBD) 151 Transfer Spare Cable to Client Storage Provisional Spare Cable TBC 152 Local demobilisation T
153 Custom Clearance SECURING DOWN 154 Transit to Karlskrona for Demob 155 Awaiting for pilot 156 Demob Vessel including trenching equipment etc 157 Cofferdams Reinstatement 158 Long Island Cofferdam 159 Backfill LI Cofferdams S
160 Pull Sheeting LI Cofferdams TATE 161 NJ Cofferdams R
162 Backfill NJ Cofferdams ELIABILITY, 163 Pull Sheeting NJ Cofferdams 164 Post lay rock dumping Existing Utilities ( Provisional as Crossing arrangements to be
agreed) R EPOWERING 165 Mobilisation including Transit from Site 166 Post lay rock dumping Number of Crossings T 167 Demobilisation including Transit from site 168 HVDC Link tested 169
Transition joint (splicetogether land cables and L submarine cables) ONG 170 After Installation Test
171 IS LAN 172 UPLAND CABLE CONSTRUCTION
173 Procurement D 174 Contract Signing 10/1 175 Cable Materials Procure and Production 176 Engineering 177 Route Verification 178 Geotechnical Study 179 Route Civil Engineering 180 Construction 181 New Jersey 182 Cable Trenching, Laying & Jointing 183 Testing and Commissioning 184 New York 185 Cable Trenching, Laying & Jointing 186 Testing and Commissioning 187 Project Handover 188 As built Drawings 189 Project Close 4/18 190 191 CONVERTER STATION CONSTRUCTION 192 Project Setup 193 Milestones 194 Project Milestones 195 Limited Notice to Proceed 10/1 196 Start of Engineering 10/2 197 Purchase of Converter Transformers 5/15 198 Purchase of IGBT 5/15 199 Final Notice to Proceed 11/3 200 Start of Civil Works 3/23
Project: Poseidon Schedule 05161 Milestone Manual Task Date: Thu 5/16/13 Page 4 53 Poseidon Transmission Project Development Schedule
ID Task Name 2013 2014 2015 2016 2017 2018 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 185 Complete Purchase of Transformers, Valves, 7/2 Reactors, Capacitors 186 Converter Valves Type Tested 1/8 187 Civil Work Contracted and Initiated 2/13 D188EVELOPMENTConvertor SCHEDULE Transformers IN MS PROJECT Type tested 2010 GANTT CHART FORMAT (INCLUDING PERMITTING, ENVIRONMENTAL REVIEW, CONSTR2/16UCTION, TESTING, AND COMMERCIAL OPERATION); 189 Approved System Studies and Requirement Poseidon Transmission3/3 Project Specifications submitteed Development Schedule 190 Installation Works contracted and initiated 7/3 ID Task Name 2013 2014 2015 2016 191 Factory Test on control completed Q1 Q2 Q3 Q4 Q1 Q2 Q3 7/24Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 201192 PaymentFCA delivery Milestones equipment 10/2 202193 AdvanceMain Circuit Payment Equipment delivered to site 10/1 11/6 203194 MainTransmission Circuit Design test and completed Coordination Issue 1/10 4/19 8/15 204195 CompleteCompletion Purchase of Transformers, 6/1 Valves, Reactors, Capacitors 196 As built documentation submitted 7/27 205 Converter Valves Type Tested 2/16 197 Engineering 206 Civil Work Contracted and Initiated 2/13 198 Control & Protection Engineering 207 Convertor Transformers Type tested 4/10 199 Valve Engineering 208 Approved System Studies and 3/3 200 SystemRequirement Engineering Specifications submitteed 209201 PlantInstallation Works contracted and initiated 7/3 210202 ProcurementFactory Test on control completed 7/24 211203 PurchaseFCA delivery equipment 10/2 212204 SupplierMain DocumentationCircuit Equipment delivered to site 11/6 213205 ManufacturingTransmission test completed 4/19 214206 TestCompletion 6/1 215207 TransportAs built documentation submitted 7/27 216208 EngineeringConstruction 217209 ControlCivil Contracting & Protection Engineering 218210 ValveCivil EngineeringWork Site 1 219 211 SystemCivil Work Engineering Site 2 220 Plant 212 Installation Contracting 221 Procurement 213 Installation Work Site 1 222 Purchase 214 Installation Work Site 2 223 Supplier Documentation 215 Commissioning 224 Manufacturing 216 Subsystem Test Site 1 225 Test 217 226 TransportSubsystem Test Site 2 227218 ConstructionSystem Test 228219 CivilHV Contracting Energization 229220 CivilTransmission Work Site 1 Test 230221 Civil WorkTrial Site Operation 2 231222 InstallationTrial ContractingOperation Complete 6/1 232223 Installation Work Site 1 233224 Installation Work Site 2 234225 Commissioning 235 Subsystem Test Site 1 236 Subsystem Test Site 2 237 System Test 238 HV Energization 239 Transmission Test 240 Trial Operation 241 Trial Operation Complete 6/1 242 243 TRANSMISSION OWNER INTERCONNECTION
Project: Poseidon Schedule 05141 Milestone Manual Task Date: Tue 5/14/13
Page 5
Project: Poseidon Schedule 05161 Milestone Manual Task Date: Thu 5/16/13 54 Page 5 Poseidon Transmission Project Development Schedule
ID Task Name 2013 2014 2015 2016 2017 2018 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 185 Complete Purchase of Transformers, Valves, 7/2 Reactors, Capacitors 186 Converter Valves Type Tested 1/8 187 Civil Work Contracted and Initiated 2/13 D188EVELOPMENTConvertor SCHEDULE Transformers IN MS PROJECT Type tested 2010 GANTT CHART FORMAT (INCLUDING PERMITTING, ENVIRONMENTAL REVIEW, CONSTR2/16UCTION, TESTING, AND COMMERCIAL OPERATION); 3/3 189 Approved System Studies and Requirement Poseidon Transmission Project THE POSEIDON PROJEC Specifications submitteed Development Schedule 190 Installation Works contracted and initiated 7/3 ID Task Name 2013 2014 2015 2016 191 Factory Test on control completed Q1 Q2 Q3 Q4 Q1 Q2 Q3 7/24Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 201192 PaymentFCA delivery Milestones equipment 10/2 202193 AdvanceMain Circuit Payment Equipment delivered to site 10/1 11/6 203194 MainTransmission Circuit Design test and completed Coordination Issue 1/10 4/19 8/15 204195 CompleteCompletion Purchase of Transformers, 6/1 Valves, Reactors, Capacitors 196 7/27
As built documentation submitted T
205 Converter Valves Type Tested 2/16
197 Engineering SECURING DOWN 206 Civil Work Contracted and Initiated 2/13 198 Control & Protection Engineering 207 Convertor Transformers Type tested 4/10 199 Valve Engineering 208 Approved System Studies and 3/3 200 SystemRequirement Engineering Specifications submitteed 209201 PlantInstallation Works contracted and initiated 7/3 210202 ProcurementFactory Test on control completed 7/24 211203 PurchaseFCA delivery equipment 10/2 S
212204 SupplierMain DocumentationCircuit Equipment delivered to site 11/6 TATE 213205 ManufacturingTransmission test completed 4/19
6/1 R 214206 TestCompletion ELIABILITY, 215207 TransportAs built documentation submitted 7/27 216208 EngineeringConstruction 217209 ControlCivil Contracting & Protection Engineering R
218210 ValveCivil EngineeringWork Site 1 EPOWERING 219 211 SystemCivil Work Engineering Site 2 220 Plant 212 Installation Contracting 221 Procurement 213 Installation Work Site 1 222 Purchase 214 Installation Work Site 2
223 Supplier Documentation L 215 Commissioning ONG 224 Manufacturing 216 Subsystem Test Site 1 225 Test
217 IS 226 TransportSubsystem Test Site 2 LAN 227218 ConstructionSystem Test 228219 CivilHV Contracting Energization D 229220 CivilTransmission Work Site 1 Test 230221 Civil WorkTrial Site Operation 2 231222 InstallationTrial ContractingOperation Complete 6/1 232223 Installation Work Site 1 233224 Installation Work Site 2 234225 Commissioning 235 Subsystem Test Site 1 236 Subsystem Test Site 2 237 System Test 238 HV Energization 239 Transmission Test 240 Trial Operation 241 Trial Operation Complete 6/1 242 243 TRANSMISSION OWNER INTERCONNECTION
Project: Poseidon Schedule 05141 Milestone Manual Task Date: Tue 5/14/13
Page 5
Project: Poseidon Schedule 05161 Milestone Manual Task Date: Thu 5/16/13 Page 5 55 56 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND Outreach efforts belowinthisSection8.9. Outreach efforts parties andthepublicpriorto commencing construction. Public environmental agencies, emergency services, otherinterested authorities, regulatory appropriate interconnectingutilities, Poseidon andtheircontractorswillprovidenoticetothe Notifications facets ofthisproject. submission. scheduleencompassing all This isanintegrated are providedintheprojectscheduleportionofthis installation and subseacable installation cable upland underground theconverterstation,Detailed constructionschedulesfor Construction Schedule environmental studies, andfinalpermitconditions. work,are subjecttorefinementbasedonfurthersurvey to ensuretheProjectisconstructedonschedule. The plans aresummarizedaswellstepsnecessary management onhealth,including afocus safety, securityandenvironmental June1,before 2016. The variouscomponentsoftheplans onor commercialoperations the PoseidonProjecttobegin construction, andcommissioningactivitiesfor installation the This sectionpresentstheplansandschedulefor General P in Section8.AA. equipment isidentifiedintheprojectscheduleprovidedearlier andprocurementof fabrication for The milestonedates T ofJune1, date construction andinservice 2016. the procurementscheduletosupportEPCinmeeting of theFTCPA. insupport The IEAwilladvanceengineering priortoexecution Execution oftheEPCisexpected30days (IEA)with Agreement NYPA. oftheRFPby ABB uponaward contract PoseidonintendstoenterintoanInterimEngineering date.2016 commercialoperation PriortoexecutionofanEPC execute anFTCPA 1, February by 2014tomeettheJune1, September 2013, requireNYPA wewouldrespectfully to NYPAAssuming aselectionofthePoseidonProjectby in T I I L M M A ELINES ELINE NS F OR F F OR
CONSTR OR A FA W A BRIC RD U CTION
O A TION F EPCC A A ND ND ONTR
CO
PROC MM A CT ERCI U RE A M L ENT
OPER
O F A TION E QU IP M ENT the PoseidonteamwilldevelopandimplementaEnvironmental theNew As requiredby York Commission PublicServe State E ElectricSafetyCode. and theNational HealthandSafety but notlimitedtoOccupational Association national, andlocalrequirementsstandardsincluding state with comply fully inplacethat programs safety management comprehensive have records ofitscontractorsandensurethey in turntheirsubcontractors. Poseidonwillverifythesafety and safetyfromitsexecutivesthroughtocontractors, and acommitmenttohealth anddemonstrate Poseidon willconvey process.priority duringtheconstructionandinstallation Heath, safetyandsecurityofthegeneralpublicwillbea Health, SafetyandSecurity times during environmentally sensitivephases ofconstruction. times duringenvironmentally all thestartupofconstructionineach siteandat present at the EM&CP. oneenvironmentalinspectorwillbe Additionally deliveriesandhandlingincompliancewith material coordinate activitiesand willdirectthecrews intheirdaily supervisor activities. of constructionandinstallation the duration The eachsitefor willbeat A qualifiedconstructionsupervisor and Inspection Construction Supervision owners. utilitiesandutility will bemadetoallaffected notification andmarked, utilities willbelocated underground and othermeasuresidentifiedintheEM&CP.and any Existing procedures, SpillPreventionMeasures, SoilManagement Controls,Erosion andSedimentation Management Stormwater commencement ofconstruction, of willincludethe installation priortothe willbefollowed general proceduresthat asdiscussedabove,In additiontothepropernotifications Pre-construction Activities publicrecord. librariesfor localandstate appropriate the activitiesandwillbeplacedat construction andinstallation EM&CP willbeprovidedtoallcontractorsinvolvedinProject measures.environmental protectionandmitigation The construction sequencedocumentwithanemphasison asa andControlPlan(EM&CP)istoserve Management nvironmental M anagement andConstructionPlan THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND E L HEDU SC ANS AND AND ANS L P T MEN P O L EVE D E(S) E(S) C ESOUR R OSED OSED P and Cable System L DC 8.9 PRO 8.9 V laydown areas will primarily be used for storing excavated soil, laydown areas will primarily be used for storing excavated soil, erosion and sedimentation cables, construction equipment, and other materials pertinent to the control equipment, construction of the HVDC land cable system. The HVDC land cables in New Jersey and New York will be York The HVDC land cables in New Jersey and New directly buried in native soil by horizontal directional drills either and /or in duct (HDD) to avoid sensitive environmental areas, of the EM&CP. bank to be determined during the development Construction of the HVDC land cable will be completed in two (1) excavation and cable system installation; primary phases: A monitoring and recording program and (2) site restoration. phases. will be implemented concurrent with both Construction Crews The construction crews for the land cable will consist of a and cable splicers. laborers, equipment operators, supervisor, Contractors and crews will be required to know and follow safety the requirements of the Project EM&CP and health, Copies of the applicable will be permits and security program. provided to all contractors and be made available on site. Staging Areas several areas along the cable route During construction, These temporary staging and will be used as staging areas. Staging Areas and Access Staging Areas or near areas adjacent to secure During construction, the converter stations EM&CP for will be identified in the The staging primarily area will be used for storing staging. erosion and cables, construction equipment, excavated soil, and other materials pertinent sedimentation control materials, the converter stations. to the construction of of materials and equipment to the converter Transportation with limited impact to the local areas will be completed The power transformers will be delivered by communities. then rail or sea to the Long Island and New Jersey areas, transported by truck to the converter station sites. H security management system. Contractors and crews will be required to know and followthe safety and requirements of the Project EM&CP and health, Construction Crews The construction crews for the converter station sites will equipment operators and laborers. consist of a supervisor, the installation and erection of electric equipment. preparation involves placement of erosion controls and The assembly phase involves constructing the excavation work. Phase three involves foundations and structural and facilities. and (4) site restoration. A monitoring and recording program and (4) site restoration. Site fourwill be implemented concurrent with all phases. Construction of the Converter Stations will be completed in (1) site preparation; (2) assembly of four primary phases: foundations and primary equipment installation; structures; (3) seasonal opportunity after construction completion Converter Stations construction areas that were disturbed but are not developed. Re-pavement and re-vegetation will take place during the first and restoration activities will take place. Construction areas and restoration activities will take place. will be re-vegetated following construction to preclude erosion. An approved seed mixture will be applied to portions of the Clean-up and Restoration clean-up Upon completion of the installation work at each site, review of cable laydown coordinates and achieved burial depths. installation vessel. In addition to general oversight, specific addition to general oversight, In installation vessel. bytasks to be completed inspectors include the environmental crews in their daily activities and coordinate materialdeliveries Additionally with this document. and handling in compliance will be on the submarine cablean environmental inspector There will be a construction supervisorThere will on-board the cablesubmarine installation vessel for the duration of the The supervisor the will direct cable installation activities. 58 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND and special installation features. and specialinstallation route, landcable conceptual NewJersey distancesinmiles, portionsofthe presentsthetwoprimary table The following New JerseyH NYSDOT andotherjurisdictions, asappropriate. willbeusedasspecifiedby control devicesandservices Transportation therefore, (NYSDOT)rightsofway useoftraffic routewilluseNew proposed cable York Departmentof State reelsandconstructionequipment. ofcable consist mainly The areas. installation thecable for necessary The materials sensitive to theneighboringcommunityandenvironmentally constructionareaswillbecompletedwithlimitedimpact cable Transportation andequipmenttotheHVDCland ofmaterials Access andTraffic Control
2 1
Totals Portion ofRoute Landfall site Conrail ROWtoRaritanRiver ROW toConrail Deans ConverterStation
V DC
L and Cable
N Route Distance EW J (Miles) 16.65 ERSE 12.5 4.15
Y HVDCLA
ND and removalreplacementofrip-rap. is floatation Cable ofatrenchfrom thelandfallareatochannel,excavation controls,involves placementoferosionandsedimentation phases.concurrent withallfour procedure The excavation willbeimplemented A monitoringandrecordingprogram burial;and(4)siterestoration. (3)cable floatation; (2) cable phases: primary completed infour (1)landfallexcavation; Construction oftheShallow Water willbe /Landfallcable New Jersey 16feet. depth ofapproximately water to-landfall splicepointandcontinuetoanapproximate systems.submarine cable theland- at Constructionwillbegin The landfallareaistheinterfaceofHVDClandand H to schedules. track compliancewithallenvironmentalplansandadherence landscaping, andsitestabilization. The monitoringprocess will equipment cannotwork. includescleanup, Siterestoration burialinareaswhichlandfallandsubmarine complete cable process. beused to trenching/jettingtoolmay A shallowwater burial willbereplacedduringthecable dredged material area totheland. islaid,After thecable or excavated any systemthroughtheshallowwater used toinstallthecable Installed Cable Length (Miles) V CA DC Cable BLE 33.3 8.3 25
P
ORTION L L andfall andfalls
Installation Features 10 roadcrossings. toutilizerailroadROW, installation Cable under NJ Turnpike). ROW andonemajorHDD(0.1miles MillRoadand500kV inDavidson Located THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND E L HEDU SC ANS AND AND ANS L P T MEN P O L EVE D E(S) E(S) C Installation Features Three bridge crossings. Utilize parkway median. Built in roadway. HDD under Route 110. 3 road crossings remaining portion 3 road crossings remaining utilizes parkway median. ROW. Transmission Utilizes 138kV ESOUR R OSED OSED P DC Submarine Cable System 1.00 Installed Cable Length (Miles) 14.4 7.30 1.60 35.6 6.50 4.80 8.9 PRO 8.9 V methodologies will be finalized as part of the EM&CP development. Construction of the submarine cable will be completed using a simultaneous lay and burial technique or a post lay burial technique. and sealing of the HDD pipe. Site restoration includes cleanup, Site restoration includes cleanup, and sealing of the HDD pipe. and site stabilization. landscaping, H The submarine section is that portion to be installed beneath New Jersey to Jones Beach on Amboy, waters from South Long Island. The submarine cable system will be installed using a hydraulic method fluidizes the The jetting jetting or plow method. sediment at the sea floor allowing the cable system to settle plow method utilizes a tool The below the sea floor surface. pulled by a cable installation vessel that displaces soil at the Water sea floor and employs a guide to place the cable system. Construction jets may be used to improve plow performance.
N 3.25 0.8 0.5 Route Distance (Miles) 7.2 3.65 17.8 2.40 N O RTI O P LE
AND CAB L DC V andfall (Jones Beach) L RK H 138kV ROW located within the park to Spagnoli Road Spagnoli Road HDD under route 110 to Ruland Road Converter Station Southern State Parkway to East Bethpage State Parkway Bethpage State Parkway to Bethpage State Park Portion of Route Portion parkway north to Southern Wantagh State Parkway to Spagnoli Road 138kV ROW located within the park O W Y E 1 Totals 6 5 3 2 4 drill hole. Cable installation involves the cable process pulling drill hole. controls, excavation of an entry pit, and drilling under the excavation entry of an pit, controls, Pull-back of the conduit beach and out to the cofferdam. involves jointing the conduit and pulling the conduit into the (3) cable installation; and (4) site restoration. The HDD (3) cable installation; and (4) site restoration. procedure involves placement of erosion and sedimentation minimized to maximum extent practicable.Construction of the cable landfall at Jones Beach will be completed in four primary (1) directional drill and ream; (2) conduit installation; phases: Construction will be conducted in accordance with time of State DEC to York year restrictions established by the New protect wildlife impacts to the beach and wildlifes areas will be The Jones Beach Landfall is near a wildlife viewing area and The Jones Beach Landfall is near a wildlife public beach and landfall will be accomplished using a HDD. features. New York The following table abovepresents the primary portions of associated distances and installation land cable, York the New N 60 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND Channel. section oftheroutefromSouth Amboy toeastofthe Ambrose bundledintheshallowwater 22 milesofHVDCcables barge(CLB)willinstallapproximately laying The shallowcable Shallow Water H orimpedetrenchingoperations. mightendanger thecable that debris routecorridorisclearofany thesubmarine cable that campaign. laying commencement ofcable The PLGRwill verify within2-3weeksof and willbeundertakentypically aspecialistsubcontractor by This workwillbeperformed Pre-lay GrapnelRun(P cantilevered sheetpilewalling. bedesignedas may on thesoilconditionscofferdams JonesBeach,of theHDDexitat LongIsland. Depending andtheotherinlocation Amboy landingsiteinNewJersey shallbeconstructed;oneadjacenttotheSouth cofferdams installation. willbeconstructedpriortocable Cofferdams Two Cofferdam Construction each crossingwillbeidentifiedintheEM&CP. each individualutilityowner. andrequirementsfor The location Poseidonreacheswith and permits that crossing agreements inaccordanceto RockDumpingwillbeperformed The Pre-lay Pre-lay RockDumpingto amaximumof60feet). (approximately deeperwaters relatively 26mileslongandisin remaining sectionisapproximately the Ambrose Channel, 22milesinlength. approximately The landfalltoeastof depthfromtheNewJersey meters) water two distinctsections. A shallowsectionunder33feet(10 burialactivityisdividedinto andcable The installation Submarine InstallationSummary and anumberofexistingutilities. shippingchannels and includesthecrossingof3navigation/ 48miles The submarinesectionoftherouteisapproximate theProject’s for methodology system. HVDCsubmarinecable installation offshore This sectionoutlinesthepreliminary V DC CableSystemInstallation L GR) E xisting U tilities (Provisional) cable laying operations from the 22 mile location towards fromthe22milelocation operations laying cable and willbelaiddownontheseabed Once completethecable will thenpositionitselftocommencejointingoperations. the shallowsectionwillbetransferredtoCLBandCLV location. Uponarrival, mentioned, aspreviously for thecable theprojectpriortotransitsite for load theentirecable Laying The Cable Vessel (CLV) willfirsttransittoKarlskrona Deep Water H requirement is12feetbelowtheauthorizedchanneldepth. shippingchannelwherethe acrossthenavigation/ cables the barge. the tobury The jettingtoolwillalsobecapable from shipping channelsusingahydraulicjettingtooloperated maintainednavigation present bottomoutsideoffederally willbeburiedtoadepthof4feetbelowthe The cables available onthevessel.available permitswillbeprovidedtoallcontractorsand and applicable and health, safetyandsecurityprogram. CopiesoftheEM&CP therequirementsofProjectEM&CP to knowandfollow laborers, anddivers. Contractorsandcrewswillberequired consist ofmarinevesseloperators, equipmentoperators, will theHVDCsubmarinecable The constructioncrewfor Construction Crew eachcrossingwillbeidentifiedintheEM&CP.requirements for rock bermsontopofthebundledcables. and The location constructing the existingutilitycrossingswillbeprotectedby andburialoperations laying After completionofthecable Post-lay RockDumpingtoexisting the submarinesystemcanbeperformed. bracing. testof removed afinalcable With boththecofferdams andremovingallsheeting fillmaterial with theexcavated involvesbackfillingthecofferdams Completing thecofferdams Cofferdam Reinstatement sled toadepthof4feet. buriedusingajetting willbesimultaneously section thecable Jones Beachlandfallwillcommence. As withtheshallow V DC CableSystemInstallation U tilities (Provisional) THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND E L HEDU SC ANS AND AND ANS L P T MEN P O L EVE D E(S) E(S) C ESOUR R peration O OSED OSED P 8.9 PRO 8.9 The Anbaric member of the Poseidon development team The already has worked on community outreach initiatives and in in northern New Jersey, in central Long Island, communities along the Raritan River in connection with the Based on those Projects. Transmission Neptune and Hudson experiences and our understanding of how those areas Long Island and in New Jersey, to ensure that planning Long Island and in New Jersey, and to make certain that and construction goes smoothly, we will develop a the project has broad public support, and communication listening, comprehensive outreach, initiative. will begin our We Proper timing is vital to our success. efforts very early in the development process to make sure that key are aware stakeholders our plans and community of issues are identified and then gradually broaden and deepen our initiative as development plans become more defined. Poseidon plans outreach efforts through meetings with key business contact school district, association, civic government, group and stakeholder organizations to discuss the proposed And as electronic Face-to-face meetings are vital. project. we will also make sure media have become more important, that a significant component of our outreach listening and as well as communication effort includes these resources, and brochures/fliers, mail, traditional methods telephone, group and individual meetings. Transmission system tests will include certain performance tests will include certain system Transmission verification with the Project’s to confirm compliance tests technical specification. Commercial Commercial operation is incorporated in the Operations Plan Section 8.9 discussed further in plans Community outreach is essential to the success of the Poseidon Community support and in New Jersey. project in Long Island and environmental economic, communicate the reliability, To to understand and address benefits of the Poseidon Project, on the concerns of the communities and constituencies Deepwater cable HVDC ship the local utilities, PJM and NYISO. For terminal tests and PJM and NYISO. the local utilities, power profiles and procedures will transmission system tests, circulated for approval prior to actual tests. The commissioning program will be closely coordinated with equipment energization tests at each converter station and the HVDC cable system site tests in preparation for converter and transmission system tests. station terminal tests, Project Commissioning Project commissioning will consist of sub-system testing and Submarine cable installation. In either case, there will be no In either case, Submarine cable installation. community. major impact to the surrounding marine cable manufacturer’s facility directly to the submarine area cable manufacturer’s with all necessary equipment and materials to complete the the cables will be transferred to the installation vessel at a If the cable system is delivered or New Jersey port. York New it will sail directly from the directly by the installation vessel, Access The HVDC submarine cable system will be shipped by freighter If shipped by freighter, or directly on the installation vessel. installation vessel. When necessary, the cable installation When necessary, installation vessel. its position in an area thatvessel will maintain minimizes traffic. disruption to marine Staging Area All material for submarine construction of the HVDC the cableaboard system will be transported and stored the cable 62 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND those concerns may beaddressed.those concernsmay Duringpermittingand concerns –largeandsmall and determinewhetherhow their isplannedandwewilllistentothemabout what interaction isadialogue: stakeholdersabout wewillinform ofitsprojectedconstructiontimetable.and apprised This oftheProject isaware significantstakeholder group every business, andnot-for-profit tomakesurethat organizations Island andNewJersey’s governmental, civic, community, During theplanningphase, PoseidonwillreachouttoLong s s s s s s Our methodswillinclude: include: initiative communication are evolving, goalsofacommunityoutreach, listening, and s "UILDING SUPPORT FOR PROJECT OBJECTIVES s !DDRESSING CONCERNS AND QUESTIONS POSED BY LOCAL s %STABLISHING A REGULAR PROCESS TO COMMUNICATE AND RECEIVE s 0ROVIDING INFORMATION TO LOCAL STAKEHOLDERS ON PROPOSED s -EETING KEY STAKEHOLDERS EARLY AND IDENTIFYING POSSIBLE insure access and availability toallinterestedparties. insure accessandavailability %STABLISHING A LOCAL PRESENCE DURING THE PLANNING PHASE TO and organizations; 3ENDING 0OSEIDON REPRESENTATIVES TO MEET WITH COMMUNITY additional information, andadirecte-maillinktoPoseidon; theprocess,news about canprovide that linkstogroups anddisseminating technology and othercommunication 3ECURING PUBLIC INPUT THROUGH TELEPHONE E MAIL WEBSITE address projectdevelopments, details, plansandbenefits; 0REPARING AND UPDATING BROCHURES ANDOR WEB PAGES THAT email, electroniccommunications; andappropriate projectdevelopmentsthroughnewsletters,about mailings, )SSUING BROAD UPDATES AND NOTIlCATIONS TO THE COMMUNITY and developmentprocess; (OLDING PUBLIC MEETINGS BEFORE MILESTONES IN THE PLANNING stakeholders; and comment andfeedback; information, includinguser-friendly public mechanismfor technology, routes, andenvironmentalimpactsbenefits); project (benefitstocommunity, description, location, concerns; Town ofOysterBay Town ofHuntington Nassau Countyrepresentatives Countyrepresentatives Suffolk New York Leaders Legislative State New York ExecutiveBranch(Governor’s State office, PSC, DEC) N Middlesex CountyBoardofChosen Freeholders UpendraChivukula,Assemblyman chair Assembly Lesniak, Ray Senators EconomicGrowth chairSenate CraigCoughlinandJohn Assemblymen Wisniewski Joseph Senator State Vitale Board ofPublicUtilitiesPresident NJ DepartmentofEnvironmentalPreservation ofGovernor ChrisChristieandLt.Staff Gov. KimGuadagno N ofConservation NY League Voters ResourcesDefenseCouncil Natural Long IslandNewsday Long IslandBuilding Trades Long Island Association Route 110RedevelopmentCorporation Huntington Township ChamberofCommerce Four Towns Civic Association Triangle Civic Association Half HollowHills Sweet HollowCivic Association Town ofHempstead Below we identify major groups weexpecttocontact. Below weidentifymajorgroups arise. may problemsorconcernsthat any logistics, timetables, of weareaware andtomakesurethat goals, about wecontinuetokeeptheminformed sure that construction, wewillremainincontactwithstakeholdersmake EW EW (Senators, membersfromcentralLongIsland) Assembly Telecommunications andUtilitiesCommittee Committee and Energy Committee, andBobSmith, Environment chair Senate Commissioner BobMartin
J YOR ERSE K S Y S T AK T AK EHOLDER EHOLDER
GRO
GRO U U PS PS : :
THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND E L HEDU SC ANS AND AND ANS L P T MEN P O L
EVE D E(S) E(S) C PERIENCE X E
ESOUR R CTORS A OSED OSED P CONTR
8.9 PRO 8.9 THER SS Group, Inc. almost 200,000 MW HVDC transmission capacity MW HVDC transmission almost 200,000 in operation the world. 170 projects around in some or under construction with orders forABB has been entrusted 90 of these around transmission capacityprojects with an installed of about 120,000 MW. ESS routinely performs siting and routing studies for submarine power transmission systems using desktop reviews of existing provides ESS also data and on-the-water field investigations. engineering design for upland transitions and installations and horizontal dredging, involving jet plow embedment, directional drilling. E has over 15 years of experience in planning, Inc. ESS Group, and offshore constructing near-shore and permitting, This submarine cable systems in the Northeastern US. with their well respected reputation combined experience, has resulted in a 100% permitting with regulatory agencies, success on every submarine cable project ESS has worked to its other relevant In addition on in this region since 1995. ESS specializes in submarine cable consulting capabilities, They have and construction. permitting, project planning, successfully permitted over 10,000 MW and 200 miles of high voltage submarine electric transmission cable systems including transmission cables in the Northeastern waterways, York. connecting New Jersey and New ESS is an environmental engineering and consulting firm Waltham, Rhode Island, with offices in East Providence, They provide Virginia. and Norfolk, Massachusetts, comprehensive environmental consulting to address a variety of environmental media and regulatory program requirements. O a highlyPoseidon has assembled of experts, skilled team most of whom have another on the worked together with one they Together projects. Transmission Neptune and Hudson have successfully in developing the most worked together technically challenging and complex regulatory projects in They have a demonstrated ability to bring the United States. projects together on schedule and on budget. NS A PL G NCIN A PERIENCE IN X E F
DEBT
CTOR A ND Y A ONTR IT to delivery, including all the activities such as engineering, such as engineering, including all the activities to delivery, There is a total of and commissioning. erection, manufacturing, and distribution. Within ABB AB, Power Systems has a unit Power AB, ABB Within and distribution. and another unit dealing with dealing with HVDC projects, units covering from conception both high voltage cables, ABB has been selected as the EPC contractor. ABB delivers ABB has been selected as the EPC contractor. advanced systems for efficient electric power transmission Cary, North Carolina, employ about 20,000 people in multiple North Carolina, Cary, service and other major facilities. manufacturing, The company's North American operations, headquartered in American operations, The company's North largest supplier of power grids worldwide. A list of HVDC Light largest supplier of power grids worldwide. has been provided as reference projects totaling 20 worldwide an attachment. ABB is the largest supplier of industrial motors and drives, the and drives, ABB is the largest supplier of industrial motors and the largest provider of generators to the wind industry, advisor. EPC C Both Anbaric and Exelon are experienced in raising debt Anbaric and Both financial financing – Poseidon will secure an experienced The Project consortium expects that equity will be provided by award pursuant to this RFP. Exelon upon NYPA’s EQU Environment –New Jersey Jersey Baykeeper York/New New New Jersey Locals – especially in the Trades New Jersey Locals – especially in the NJ Chapter Sierra Club, NJ Environmental Federation New Jersey Spotlight (www.njspotlight.com) NJ Large Energy Users Coalition Main Street South Amboy Main Street South Association New Jersey Business and Industry Newark Star Ledger Hon. Fred Henry, Mayor of South Amboy Mayor of South Fred Henry, Hon. Amboy Mayor of Perth Wilda Diaz, Hon. Association Amboy Business South 64 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND participants in all aspects of the electric power industry inNew participants inallaspectsofthe electricpowerindustry Firm,The DaxLaw P.C. of Albany, New York advises The Dax PJM. applications, bothNYISOand includingcustomizedsoftwarefor and complex powersystemsprograms software for Further, developedproprietary PowerGEMhasinternally projects.proposing merchanttransmissionorgeneration transmission ownersinbothareas, aswelldevelopers interconnection andplanningstudies, theareaISOs, for York. PowerGEMhasconductedmultipleprojects, including inbothPJMandNew practices andproceduresfollowed familiar withthetransmissionstudy PowerGEM isintimately industry. energy unregulated RTOs, and inboththeregulated andcompaniesparticipating toISOs,combined yearsofexperienceprovidingtheseservices simulation, systemplanning, andmarketanalysis, withmany tomarket related combined softwareandconsultingservices morethan25years, for power systemengineering providing tools. of beenontheforefront PowerGEMprincipalshave and economicimprovements, andpowersystem simulation technology, reliability thetransmissionplanningprocessfor PowerGEM hasextensiveexperiencewithtransmission markets. & technicalimpactsoftransmissionincompetitiveelectricity ontheeconomic practical consultingandsoftwareservices but in2000withthegoalofprovidinginnovative was founded andplanning. analysis in transmissionperformance PowerGEM firm, decadesofexperience having with11professionalstaff transmission analysis, consulting, andsoftwaredevelopment &Markets)isaleading PowerGEM (PowerGridEngineering PowerG areas, service related within many andscience anddeliverengineering tomanage in-house ability compliance andpost-constructionmonitoring. ESShasthe development toimpactassessmentthroughenvironmental ESS’s involvementinprojectsvariesfromconcept fullservices EM L aw Firm,P.C the specification, design, projectmanagement, operation, PSC’s extensiveexpertisein teamofHVDCspecialistsoffer Europe and Asia, globally. hasover145staff The company across theglobewithofficesin Australia, NewZealand, USA, industry, onHVDCtransmission. withafocus PSCworks electricity totheinternational consultancy andsupportservices in1995toprovideengineering PSC wasestablished PSC NorthAmerica Hudson Transmission Project. process, includingtheNeptune Transmission Projectand andfederalpermittingenvironmentalimpactreview State guidedsimilarprojectsthroughNew and hassuccessfully York York andenvironmentalcompliancematters inregulatory State s s s s s projects aroundtheworld, including:’ sourceconverter ofthesignificantvoltage in many participated projects fromtwoofthethreeHVDCvendors. PSChas commissioning, supportof andoperation VSC technology specification, designreview, projectmanagement, technology. beeninvolvedinthe PCSpersonnelhave sourceconverterHVDC Poseidon hasselectedvoltage telecommunications. systems,auxiliary convertercontrols, converterprotections and interfaces,AC grid equipment, converterstation primary aspectofanHVDCproject,PSC coversevery includingthe systems. landandsubmarinecable and HVDChighvoltage converters,commutated sourceconverters IGBTbasedvoltage transmission systems. This includesthyristorbasedHVDCline installation, commissioningandmaintenanceofHVDC #ROSS 3OUND #ABLE -7 KM SUBMARINE CABLES Australia, 2002 -URRAYLINK -7 KM LAND CABLES ¢K6 n Australia, 2000 $IRECTLINK X-7 KM LAND CABLES ¢K6 n Sweden, 1999 'OTLAND -7 KM LAND CABLES ¢K6 n Denmark, 2000 4JAEREBORG -7 KM LAND CABLES ¢K6 n THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND E L HEDU SC ANS AND AND ANS L P T MEN P O L EVE D E(S) E(S) C ESOUR R OSED OSED P 8.9 PRO 8.9 consuming no fuel this facility will allow thatallow will supplyfacility gas this be to fuel no consuming used by residents and business owners ensuring long term supply and helping to retire older oil fired heating systems. resources on No new smoke stacks will pollute the visual Long Island. *OBS WILL BE CREATED REQUIRING HIGHLY SKILLED LOCAL LABOR permanent jobs during the construction phase as well as during commercial operation providing for the daily operation The workforce for project and management of the project. local laborconstruction will be recruited from the ample It is anticipated that300 local jobs will be over supply. created directly as a result of Poseidon's construction work which are part of the 3,600 jobs that will on Long Island, be created directly and indirectly as a result of Poseidon's construction work. 4HE PROJECT ANTICIPATES PAYING 0),/4S TO LOCAL TOWNS SCHOOL PILOTs are anticipated to districts and other taxing agencies. be similar in nature to those provided by the Neptune project and provide a direct community benefit. similar size. Energy through from PJM will be transmitted similar size. underground undersea environmentally-safe and electric that already Ways cables utilizing parkways Right of and By be required. No new transmission towers will exist. provides the social benefit of minimal doing so the project vacant property on Long Island forimpact on the limited and education institutions. business, communities, "ECAUSE THERE IS NO FUEL REQUIREMENT NO FUEL OIL STORAGE IS the case with conventional generatingrequired as would be barges the associatedresources along with pipelines, This provides to deliver the fuel. and trucks required which is additional protection to the Long Island aquifer In the only source of water to the residents of Long Island. generating a conventional would require facility addition, By the consumption of large quantities of natural gas. s s s ITS F BENE Y NIT MMU -ACKINAC -7 BACK BACK K6 n 53! Namibia, 2010 Namibia, %AST n 7EST )NTERCONNECTOR -7 KM SUBMARINE 2012 Wales, – Ireland to ±200kV) land cables, Germany, 2012 Germany, #APRIVI -7 KM OVERHEAD LINE K6 n 4RANS "AY #ABLE -7 KM SUBMARINE CABLES 2010 ±200kV) – USA, "ORWIN -7 KM SUBMARINE CABLES ¢K6 n ±60kV ) – USA, 2002 USA, ±60kV ) – %STLINK -7 KM SUBMARINELAND CABLES ¢K6 n 2006 Estonia to Finland, -INIMAL )MPACT ON ,ONG )SLAND FOOT PRINT 4HE FACILITY REQUIRES a fraction of land required to build a generating resource of requirement for new generation and reduces the utilization in higher reliabilityThis results and of exiting older facilities. customers York’s lower costs to the benefit New outage rates, higher availability than a conventional outage rates, generator) it provides more delivered capacity reducing the an interconnection to PJM eliminates the failure of a single source supply that such as a generating facility. "ECAUSE THIS FACILITY IS EXTREMELY RELIABLE LOWER FORCED substation. This substation is located in the heart of the substation. This combined with Zone K. load center on Long Island’s construction and diversity of fuel supplies. 3UBSTANTIAL ELECTRIC RELIABILITY BENElTS ARE ACHIEVED BECAUSE of the strategic location of this resource at the Ruland Road the New York economy. Energy from PJM has historically economy. York the New the lower cost of been lower than Long Island because of annually. !CCESS TO A DIVERSE SOURCE OF ENERGY FROM THE 0*- MARKET !CCESS TO LOW COST ENERGY BENElTTING CONSUMERS AND O the Deans Substation in Middlesex County, to ratepayers in the Deans Substation in Middlesex County, northern New Jersey. The Poseidon Project offers significant benefits to New York York The Poseidon Project offers significant benefits to New to the residents and businesses surrounding ratepayers, s s s s s s C s s s s s The benefits include: s 2ATEPAYER SAVINGS ESTIMATED AT MORE THAN MILLION 66 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND S s s s in NewJersey. Recentexperienceincludes: projectsonLong Islandand comparable for similar agreements PILOTsand negotiated recently Anbaric anditspartnershave As partofdevelopingtheNeptuneandHudsonprojects, towns, localschooldistrictsandspecialtaxingjurisdictions. transmission facility. willinvolvemunicipalities, Negotiations inLieuof Payments Taxes theproposed (PILOTS)for The PoseidonProject’s developmentteamwillnegotiate TAX buildings. easementrightswithFederal, Itintends tonegotiate andstorage facilitiesandrequiredservice attachment theprojectowned for land leaseorpurchaseagreements andintendstoacquireorenterinto to theDeanssubstation adjacent propertywhich willhosttheconverterstation for Poseidonhasexecutedanoptionagreement In NewJersey cable. of boththeburiedandsubmarineportionsofHVDC installation rights withFederal, andlocalofficials, State andLIPA the for buildings. andstorage service easement Itintendstonegotiate facilitiesandrequired theproject ownedattachment for to acquireorenterintolandleasepurchaseagreements andintends neartheRulandRoadsubstation converter station theproposed for and allbutexecutedanoptionagreement In New York terms onpriceandotherkey Poseidonhasagreed ITE the Hudson back-to-back converter station anduseofa the Hudsonback-to-backconverterstation addresses taxesandfeestobepaidtheBoroughfor Borough ofRidgefield, comprehensively that NewJersey &OR THE (UDSON 0ROJECT A $EVELOPMENT !GREEMENT WITH THE station. revenue streamtotheBoroughfromNeptuneconverter Borough ofSayreville, toprovidealong-term NewJersey &OR THE .EPTUNE PROJECT A 0),/4 !GREEMENT WITH THE isrouted. through whichtheNeptunecable toothermunicipalities Hempstead andannualpayments tothe involving communitybenefitpayments Town ofNorth the NassauCountyIndustrialDevelopment Authority &OR THE .EPTUNE PROJECT A 0),/4 !GREEMENT THROUGH municipal roadway. ES
CONTROL A ND / OR
ST PILOTAG A T U S A ND REE
PL M A ENTS NS F OR
OBT A ININ G SITE
CONTROL by a board of directors at the parentcompany. aboardofdirectorsat by The boardof and maintainthePoseidonassets. OPCOLLC willbemanaged willmanage,internal andexternalresourcesthat plan, operate OPCO LLC’s of personnelandresourceswillbeacombination tobetheO&MresponsibilityofPoseidon. areagreed that directinterconnectassets HVDC transmissionsystemandany andmaintenance(O&M)ofthe theoperations to perform willholdthepersonnelandotherresourcesrequired LLC) that (OPCO company alimitedliability Poseidon planstoestablish Poseidon andContractorResources and their associated contracts.and theirassociated ofvendors recordsandfilesmanagement of thecompany withbudgettracking,Manager andmaintenance establishing andassisttheO&M duties toprocessaccountspayable issues, andexpenseaccountmanagement, payroll accounting ofhumanresources Specific dutieswillincludemanagement asneeded. andO&MSupervisor and willassisttheEngineers The willbeadirectreporttotheO&MManager,Administrator Administrator positions. themanagement Poseidon andsharing24/7on-calldutiesfor reporting,regulatory ofthe OATI management /OASISfor reporting, riskmanagement, insurancerenewal andreporting, Additional dutieswillincludeannualbudgets, management responsibilitiestotheO&MManager.business andoperation today theday The OPCOLLCboardofdirectorswilldelegate O ofthevariouspositionsisprovidedbelow.brief explanation chartisshownonnextpage.The OPCOLLCorganization A andregulations. laws governanceandallapplicable withinthecorporate operation toinsure theOPCOLLCstaff guidelines willbedevelopedby compliance tothegovernance. Policies, proceduresand governanceandmanage corporate directors willestablish O O both theburiedandsubmarineportionsofHVDCcable. andlocalofficials,State of theinstallation PSEGandConrailfor & U PER T M AG A
M TIONS E
anager TI M E P F L R A AM N ( ES E .G., MA ) INTEN A NCE
SCHED U LE , THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND E L HEDU SC ANS AND AND ANS L P T MEN P O L EVE D E(S) E(S) C ESOUR R Maintenance (12-Hr Shifts) Technicians (4) Technicians OSED OSED 24/7 Operators (5) 24/7 Operators P Supervisor O&M Supervisor M 8.9 PRO 8.9 & ngineer, Compliance ngineer, instructions required by the interconnection agreements, instructions required by the interconnection agreements, act as a 24/7 establish a training system for O&M employees, operator for back-up and share 24/7 on-call duties for the O&M positions. E This position would have the responsibility for oversight occupationalhealth and safety, of compliance with NERC, agreed environmental and other conditions to in the security, procedures to stay Duties with compliance current permits. perform work methods and periodic audits of the O&M items, records for compliance and sharing 24/7 on-call duties for the management positions. O The O&M Supervisor will manage the scheduling and work methods of both the 24/7 operators and the maintenance Duties include management of the 24/7 shift technicians. establish and maintain switching and and on-call schedules, establish and maintain 24/7 operator tagging procedures, establish and maintain a maintenance procedures and records, establish and maintain any common operating tracking system, OPCO LLC O&M Manager Engineer Engineer Engineer Compliance Main Circuit Controls & Protections RT A H C TION ZA NI GA R ain Circuit M Administrator DC DC Controls and Protections V V , OPCO LLC O ngineer, H ngineer, ngineer, H ngineer, OSEIDON planning, periodic audits of the O&M records for compliance, periodic audits of the O&M records for compliance, planning, training O&M staff on new equipment and revised procedures and sharing 24/7 on-call duties for the management positions. planning and fault tracing, project management of repairs planning and fault tracing, condition assessment and replacement or replacements, equipment, power electronics, auxiliary power, cooling systems, cooling systems, auxiliary power, power electronics, equipment, Duties building support systems) and the HVDC cable system. include supporting the O&M Supervisor with maintenance This position would have the responsibility for oversight of the HVDC converter main circuit equipment (high voltage management positions. E replacement planning, periodic audits of the O&M records replacement planning, training O&M staff on new equipment and for compliance, duties forrevised procedures and sharing 24/7 on-call the maintenance planning and fault tracing, project management maintenance planning and fault tracing, condition assessment and of repairs or replacements, This position would have the responsibility for oversight of telecommunications and IT protections, the HVDC controls, include supporting the O&M Supervisor Duties with systems. E P 68 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND helicopter service, fireprotection, HVAC maintenance, site applications, management suchasvegetation services for localcontractingisanimportant resource O&M supportby additions, maintenance. scheduled maintenanceandforced assistancewithfuturecapital with theseEPCcontractorsfor plans toarrangelong-term, after-sales supportagreements (engineer-procure-construct) typecontracts. OPCOLLC EPC andtransmission lineassetswillbeprovidedby station contractors. The majorityofthe AC substation, HVDCconverter critical for agreements withservice the O&Morganization the majorityofO&Mtasks. OPCOLLCplanstosupplement OPCO LLC’s tohandle willbeestablished O&M organization Contractor Support services. filings,services, andriskmanagement regulatory legalservices oversight viaaboardofdirectors, accounting andfinancial OPCO LLC’s would providemanagement parentcompany Parent CompanySupport andshareon-call. of workinggrounds of failedequipment, switchingandtagging, installandremoval adjustments, equipmentfaulttracing, removalandreplacement replacement ofconsumables, and periodiccalibrations ofmaintenanceactivities,include documentation inspections, maintenancetechnicians.activities willrequirefour Dutieswill be covered24/7. maintenance The scheduledandforced willneedto maintenanceeventsthat be occasionalforced inspections, adjustmentsorreplacements. There willalso requiredaily,plans that weekly, monthly, andannual quarterly scheduledmaintenance willhave The converterstations M operations.for andshare24/7on-call duties switchingandtagging perform andscheduledoutages,local controlauthorityduringforced logs,operating maintenance, documentingfaultsfor actasthe operation, duringsteadystate voltage recordingitemsinthe therealpower,and executingordersfor reactivepowerand hours.cover theannualoperating Dutieswillincludetaking Poseidon.to operate willberequiredto Five24/7operators One, each12-hourshift willberequiredfor 24/7operator 24/7 aintenance Technicians O perators Primary andBackup24/7 Primary tools. withtheappropriate therepairedcable and bury cable, ontotheseabed lowertherepairedsubmarinecable toretrieveandrepairthesubmarine marineplatform a stable repair,with submarinecable theequipmenttoprovide have submarine powercable, divingpersonnelexperienced have andpinpointfaultsonanHVDC tolocate ability demonstrated coordinates,equipment withthesubmarinecable has hasnavigation contractorthat with aUSbasedmarineservice agreement marinesupportservices OPCO LLCwillestablish withtheselocalcontractors. agreements service establish service, waste disposalandlandscaping. OPCOLLCwill security, ITsupport, cranesandriggers, vehicleandmachinery Some equipment may requiremaintenance betweenthe Some equipmentmay totheinterconnected be outages AC networks. 31,through May withperiods wheretherewill orcoordinated periods, off-peak willbeplannedfor require outages Oct1 maintenance personnel. All annual maintenanceactivitiesthat toprovidesafeworkaccess will requireshortoutages highvoltage.at Annual maintenanceonthisequipment energized isusually inspections willinvolveequipmentthat operating. Someannualmaintenanceactivitiesandequipment systemare andcable while theconverterstations performed canbe includes someregularinspectionsandadjustmentsthat during normaloperations.performed Annual maintenance canbe that redundant systemandequipmentservicing inspectionsand maintenance includesregularstation as partoftheEPCcontractor’s documentation. Periodic A periodicandannualmaintenanceguidelinewillbeprovided 98%. of annualavailability spare partsstocktomeetanaverage designed, built, commissioned, operated, maintainedandhave systemwillbespecified, andcable The HVDCconverterstation M inNewJersey.converter station the at roomwillbeestablished A backup24/7operations onLongIsland. the converterstation roomat 24/7 operations andtheprimary theOPCOLLCstaff OPCO LLCplanstolocate aintenance PlanningandScheduling O peration L ocations. 8.9 PROPOSED RESOURCE(S) DEVELOPMENT PLANS AND SCHEDULE THE POSEIDON PROJEC
annual periods. Non-critical maintenance will be scheduled for Status in the PJM Interconnection Status off-peak periods or combined with the next scheduled annual Poseidon currently is in the PJM interconnection process maintenance outage when possible. Occasionally, there could identified as X1-078. The Feasibility and System Impact T
be problems of a critical nature that will require an immediate Studies (SIS) were completed on and November 2011 and SECURING DOWN forced outage. February 2013 respectively. The following is an excerpt from the most recent SIS: The EPC contractor maintenance schedule requires approximately 72 hours of outage time per year for annual Network Impacts preventive maintenance. These hours are usually scheduled 4HE 1UEUE 0ROJECT 8 WAS STUDIED FOR -7 OF lRM S during one or two scheduled outages per year during the off- withdrawal rights along with the proposed AC/DV converting TATE peak period, Oct 1 through May 31. station at the Dean 500 kV substation in the PSEG area. R 0ROJECT 8 WAS EVALUATED FOR COMPLIANCE WITH RELIABILITY ELIABILITY, Fuel supply plans for gas and liquid fuels including gas system criteria for summer peak conditions in 2015. Potential network interconnections and gas system upgrades made or required impacts were as follows: R None required Generator Deliverability EPOWERING 3INGLE OR . CONTINGENCIES FOR THE #APACITY PORTION ONLY OF Electric interconnection points The Long Island Point of Interconnection (“POI”) will be on the interconnection) No Violations Identified L the Long Island Power Authority (“LIPA”) 138 kV Ruland Road ONG Substation in Huntington NY and the New Jersey POI will be Multiple Facility Contingency the PSEG Deans 500 Kv substation in South Brunswick NJ (Double Circuit Tower Line, Line with Failed Breaker and Bus IS Fault contingencies for the full energy output) LAN Status in the NYISO Interconnection Process No Violations Identified D Poseidon currently is in the NYISO interconnection process Contribution to Previously Identified Overloads identified as as Q-363. The Feasibility Study was completed (This project contributes to the following contingency overloads, on September 10, 2012. The following is an excerpt from the i.e. "Network Impacts", identified for earlier generation or Executive Summary portion of the Feasibility Study: TRANSMISSION INTERCONNECTION PROJECTS IN THE 0*- 1UEUE No Violations Identified The study shows that: Short Circuit s 1 DOES NOT CAUSE NEW OVERLOADS OR EXACERBATE EXISTING (Summary of impacted circuit breakers) overloads that cannot be managed through generation No overdutied circuit breakers were identified redispatch as allowed under the Minimum Interconnection 3TEADY 3TATE 6OLTAGE 2EQUIREMENTS Standard. (Summary of VAR requirements based upon the results of the s 1 DOES NOT CAUSE NEW VOLTAGE VIOLATIONS OR SIGNIlCANTLY STEADY STATE VOLTAGE STUDIES exacerbate existing violations that cannot be managed To be determined through generation redispatch as allowed under the Stability and Reactive Power Requirement Minimum Interconnection Standard. (Summary of VAR requirements based upon the results of the s 4HE IMPACT OF 1 ON SHORT CIRCUIT LEVELS IS NOT EXPECTED TO dynamic studies.) require replacement of any circuit breakers. To be determined The project began the process for completing the next Phase, New System Reinforcements System Reliability Impact Study (SRIS). The SRIS work scope is (Upgrades required to mitigate reliability criteria violations, i.e. awaiting NYISO Operating Committee approval. Network Impacts, initially caused by the addition of this project generation)
69 70 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND monitor these concerns in New Jersey and in New monitor theseconcernsinNew Jersey York. reflects noenvironmentaljustice issues. We willcontinueto review ofthecommunitiesinvolvedwithPoseidon’s route ofNewJersey. theState PEJA for designate A preliminary Department ofEnvironmentalProtectiondoesnot New Jersey inHuntington, fromtheconverterstation away New York. The determination. 1mile The nearestPEJAisapproximately System(GIS)tomakethis Information utilizing aGeographic fromNYSDEC data available route wascomparedtopublicly (NYSDEC).of EnvironmentalConservation The proposed Areas (PEJA), New by asmapped York Department State PotentialEnvironmentalJustice does notencroachonany systemroutewithinNew The proposedcable York State E began onMarch8, inprogress 2013andiscurrently The projecthasnowenteredtheFacilitiesStudyPhasewhich wereidentified. violations resourcesinthearea, energy As aresultoftheaggregate no withtheoverloadedelement(s)identified.associated will beperformed, whichwillstudyalloverloadconditions Transmission InterconnectionRequest, asubsequentanalysis BY lXING ONLY THE CONDITIONS LISTED IN THIS SECTION 7ITH A thisproject for ofenergy There isnoguaranteeoffulldelivery overloaded conditionsarelisted. themostseverely Only submitting aMerchant Transmission Interconnectionrequest. theirdiscretionby restrictionat theoperational to eliminate study. The developercanproceedwithnetworkupgrades restrictionstotheprojectunder toresultinoperational likely interconnection request. problemsidentifiedbeloware Any portionofthis oftheenergy PJM alsostudiedthedelivery PortionofInterconnectionRequest ofEnergy Delivery None theImpactStudy) andreportedfor be calculated costresponsibilitywhichwill a%allocation have project may thisproject.additional contributiontooverloadingby This /VERLOADS INITIALLY CAUSED BY PRIOR 1UEUE POSITIONS WITH IdentifiedSystemReinforcements Contribution toPreviously None nvironmental JusticeIssues Cancellation Provisions None required the generationsourcetointerconnectionpoint electrictransmissionfacilitiesfrom Plans foranynecessary
8.9 PROPOSED RESOURCE(S) DEVELOPMENT PLANS AND SCHEDULE THE POSEIDON PROJEC
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71 72 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND
ROJECT P
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L ITTIN M A ER comprehensive information to support the permit applications generally receive more expedient reviews than those that provide minimal information and continually supplement the This is record with more information when requested to do so. also the most effective way to be proactive on project advocacy stakeholder and technical review with the range of public interest review. P land cable and converter Installation of the submarine cable, stations requires regulatory permits be obtained from the Army Corps of Engineers (USACE) in consultation with US USCG, NOAA Fisheries, its cooperating agencies (USF&WS, and the State of New Jersey. York, the State of New etc.), as its environmental Inc. Poseidon has retained ESS Group, ESS’ experience has and regulatory permitting consultant. also shown that those projects that provide complete and T
NVIRONMEN E 8.10 74 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND A
Agency (New York District) US CorpsofEngineers Army Department of Transportation Office ofGeneralServices Preservation Office ofParks, Recreation, andHistoric Department ofState Department ofPublicService York ofNew Independent SystemOperator LISTIN G O F A LL
ENVIRON M ENT
A L , RE GU L A Individual Permit Highway Highway Work Permit UtilityEasement Underwater Construction Permit HistoricPreservation National Act Review/Approval underSection106ofthe Certification Consistency Coastal ZoneManagement Plan andConstruction Environmental Management 401 Water QualityCertification Public Need and ofEnvironmentalCompatibility Certificate Interconnection Agreement Facilities StudyandCost Allocation ImpactStudy System reliability Feasibility Study Submittal ofInterconnectionRequest Consent TOR Y A ND
OTHER AG New York Federal ENC Y/MU NICIP A L
PER M ITS construction To priorto andapproved for beapplied Completed Completed construction To priorto andapproved for beapplied construction To priorto andapproved for beapplied construction To priorto andapproved for beapplied construction To priorto andapproved for beapplied construction To priorto andapproved for beapplied construction To priorto andapproved for beapplied construction To priorto andapproved for beapplied Joint Application construction To priorto andapproved for beapplied construction To priorto andapproved for beapplied Completed Status A ND A PPROV A LS
8.10 ENVIRONMENTAL REVIEW THE POSEIDON PROJEC T
SECURING DOWN
New Jersey PJM Submittal of Interconnection Request Completed Feasibility Study Completed S System reliability Impact Study Completed TATE
Facilities Study and Cost Allocation In Progress R ELIABILITY, To be applied for and approved prior to Interconnection Agreement construction R
Waterfront Development Permit EPOWERING Joint Application Dredging & Dredge Material Disposal Permit To be applied for and approved prior to Freshwater Wetlands Permit construction To be applied for and approved prior to L CAFRA Individual Permit construction ONG To be applied for and approved prior to IS
Tidelands One-Fee Utility License construction LAN
To be applied for and approved prior to D Coastal/Tidal Wetlands Permit construction To be applied for and approved prior to 401 Water Quality Certification construction To be applied for and approved prior to Federal Consistency Determination construction To be applied for and approved prior to Department of Environmental Protection Construction Activity Stormwater Permit construction Review/Approval under Section 106 of the To be applied for and approved prior to NJ Historic Preservation Office National Historic Preservation Act construction To be applied for and approved prior to NJ Department of Transportation Highway Occupancy Permit construction To be applied for and approved prior to NJ Turnpike Authority License to Cross construction Local
Township of South Brunswick, New To be applied for and approved prior to Jersey, Planning Board Site Plan Approval construction
75 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND we will establish a web site to make these documents publicly available. awebsitetomakethesedocumentspublicly we willestablish SEQRA/environmentalreviewdocumentsandstudies, toaccumulate As thePoseidonProjectbegins ST A
LIST U Noise Assessment Study Aesthetic and Visual ResourceStudy Wetlands Study Essential FishHabitat Assessment Environmental Risk Assessment FieldStudy Electromagnetic &EndangeredSpecies Threatened Assessment Study Sediment Transport Analysis ResourceStudy Biological Geotechnical Program Historic, Culturaland ResourceEvaluation Archaeological Geophysical Survey Design Converter Station SystemDesign Cable RoutingEvaluation Cable Study DIES
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THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND
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OF C APACITY T ARIFF
Contains Confidential, Proprietary, and Trade SecretInformation
.
THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND
80 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND T ER (6/1 –5/31) PLANNING YEAR PHYSICAL CAPACITY SALE PHYSICAL ENERGYSALE M S HEET
Offer ($/mwh) ALTERNATIVE 1
(6/1 –5/31) PLANNING YEAR continued
ALTERNATIVE 2
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THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND
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8.13.1 HA 8.13 84 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND
THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND LS A TERI S MA T INTERCONNECTION ISO Y N Project Transmission attach Merchant the Poseidon We 2 as an attachment Volume (Q-363) Final Feasability Study in to Section 8.14. EQUIREMEN R ENTS M
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generate much-needed additional tax revenue for Long Island communities. downstate New York, the State’s most vital economic center. most vital economic center. the State’s York, downstate New The project will also inject a significant capital investment into create jobs and 400 skilled construction the local economy, of reliable, low-cost energy will save ratepayers more than of reliable, Stabilizing electric rates is a critical $53 million annually. step towards maintaining the economic competitiveness of benefits to New York State, the downstate region and local State, York benefits to New access to 500 MW Poseidon’s communities on Long Island. E economic The Poseidon Project will deliver important parkways and have identified an alternate route to employ if the parkways prove unavailable. Similarly, in New York, we will need easements from the shore we will need easements York, in New Similarly, have begun conversations about We to the converter station. officials who control securing easements with governmental identified a preferred and an alternate path. easement or license agreements to secure access to the appropriate ROWs with the private entity and the governmental have We units who have title to the corridors we will use. ROW, and an easement to use county or town roads from and an easement to use county or town ROW, the point where the Conrail ROW terminates to the Raritan or is negotiatingThe Poseidon development team Atlantic. the utility ROW or a local route from the converter stationutility ROW or a local to the Amboy Secondary use the Conrail a license to Conrail ROW, use either a we will require an easement to In New Jersey, 8.14 86 THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND T EMEN T A ST E C IAN
PL
applicable legal and regulatory requirements. Poseidon Transmission LLC affirms that LLC or services all products Transmission Poseidon provided by with all the Poseidon Project will be in compliance 8.15 COM THE POSEIDON PROJECT SECURING DOWNSTATE RELIABILITY, REPOWERING LONG ISLAND
POSEIDON TRANSMISSION LLC 401 Edgewater Place, Suite 650, Wakefield, MA 01880 781-683-0707