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HomeMy WebLinkAbout09252018 City Council Work Session - Laydown - ATC PowerpointJ." ®R mIC,N TRANSMISSION COMPANY` Helping to keep the lights on, businesses running and communities strong' Building the Alaska Railbelt Transco: a Working Session of the City Council Seward, Alaska Eric Myers Manager, Business Development February 22, 2016 emyers@atcllc.com atcllc.com Overview • About ATC • What is a Transco? — Why consider a Transco? — Other examples — Conversations underway in the Railbelt • Key Considerations: — Costs and Benefits — Practical Considerations — Analyses Pending • Timeline • Questions :W�.. - atcllc.com 2 -4 9/25/2018 RAMERICAN TRANSMISSION COMPANY l8oga�� Page 1 American Transmission Company • First multi -state stand-alone transmission utility in the U.S. • Formed in 2001 • Privately -held • 28 owners include investor -owned, municipal and cooperative utilities • Growth since formation • $500M in assets in 2001 • Over $313 in assets in 2012 • Own and operate 9,440 miles of transmission • 515 substations atcllc.com What is a Transco? • Transmission -only utility • Owned by other utilities • Operates, Maintains, Improves transmission network • Allocates costs regionally (flat rate for transmission) W..K•.,. • .,�. �.... atcllc.com 4 9/25/2018 RAMERICANPage 2 Why form Transcos? • Address regional needs • Share cost, project risks • Integrated operation • Facilitate economic dispatch R.. atcllc.com 5 Other Examples • VELCO • ITC • Western • National Grid • CleanLine ft-k�.,. atclic.com 6 9/25/2018 RAMMERICM;TRMANS!"O"'!COMPANY Page 3 Conversations Underway • Identifying Benefits, Cost Allocation, and Implementation • Governance, Operational Structure • Two progress reports with the RCA (September, December 2016) • Analyses support both Transco and USO evaluation �a,...• atcllc.com 7 Analysis Underway • Establishing "business as usual" cost of energy • Identifying & quantifying improved economic dispatch • Identifying potential changes to transmission network — Reliability improvements — Improving economic dispatch ��... atclic.com 8 9/25/2018 MAMMICAMPage 4 d: ..Y . tee„%. ••s�; . i. Timeline • December 2014: Establish Transco Guiding Principles • January 2015 Form Working Group of subject matter experts to work on key analytic and deliberative tasks • Q3-Q4: Provide progress reports to RCA • Q1-Q2 2016: Complete core economic analyses • Q2 2016: Prepare initial proposals for evaluation by partnering utilities • Q3-Q4 2016: Complete evaluation by partners atcllc.com 9 WAMLAMMUMSMISSION COMPANY Helping to keep the lights on, businesses running and communities strong Building the Alaska Railbelt Transco: a Working Session of the City Council Seward, Alaska Eric Myers Manager, Business Development February 22, 2016 atcllc.com emyers@atcllc.com 9/25/2018 AMERICAN TRANSMISSION COMPANY Page 5