Post on 11-Jan-2016
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Juan de Fuca Cable
Safe Harbor Statement
Included in this document is certain information which is “forward looking information” as defined by the Private Securities Litigation Reform Act of 1995. Examples include our expectations, beliefs, plans, goals, objectives and future financial and other assumptions. This information, by its nature, involves estimates, projections, forecasts and uncertainties and actual results or outcomes may differ substantially from those expressed.
Many factors that are difficult to predict, involve uncertainties that may materially affect actual results, are beyond our ability to control, and may influence our business and its outcomes. These factors include, without limitation, the risks of operating a deregulated business in a formerly regulated industry that is early in the process of becoming deregulated, weather conditions and fluctuations in energy-related commodities prices.
International Interconnection
550 MW HCDC Light ®
± 150 kV
Bi-directional
51 km Total Length36 km Undersea
Project Description
Connecting Radial Ends of Two Systems
BCTC and BPA
International Regional Benefits
Project Status
2006 Certificate of Public Convenience and Necessity National Energy Board of Canada
2006 Market AuthorityUS Federal Energy Regulatory Commission (FERC)
2006 FERC Order/ Market Authority
2008 Presidential Permit – Full NEPA/ EIS US Department of Energy
2009 Interconnection and Facilities Studies Completed
2010 Additional Flow Modeling Studies and System Benefit Studies
2011 Phase 2 – Path Rating - Western Electricity Coordination Council
2011 est. Commencement of Construction
2013 est. Commercial Operation
HVDC – Two TypesTechnology
HVDC ‘Classic’
Long Distance TransmissionBulk PowerMinimal Line Losses
HVDC Light®
Regional ApplicationsOffshore and Remote SitesDistant Weak Connections‘Ride Through’ CapabilitySeams Issues
Technical AttributesVARs – Versatile Reactive
PowerBlack Start Capability
Smart Grid - Friendly Fast - Responsive - ControllableSuited for Automated Use
30% Increased N/S Capacity West of Cascades
Ring-bus Puget Sound
Georgia Basin
Congestion Relief
Blaine Intertie
Cross Cascades
By-pass to California Market
Security Benefits
Strategic BenefitsBusiness Case
‘Renewables Firming Renewables’
Geographic RationaleBusiness Case
‘R 2 R’
Business Case
Marketing – Two Pronged Approach:
Regulated Customers
Independent Power Producers (IPPs) Electricity Traders
Firm and Non-firm Transactions
Negotiated Bi-lateral Contracts
Revenue Sharing Agreements
Marketing – Two Pronged Approach
Reliability and Capacity Benefits
Ancillary Services
Firm Transmission Scheduling Rights
System Benefits
– Bonneville Power Administration – BC Hydro
Wholesale Transmission Providers
Unregulated Customers
Cost Recovery for Regulated Customers
Cost RecoveryBusiness Case
Thank you