Monthly Project Review February 2015

There were five total new project announcements in February, including two new 230-kV projects proposed by Tri-State Generation and Transmission.

The $37.5m Keota–East Pony 230-kV project will run approximately 16 miles and have an in-service date of late 2017. The 110-mile, $72.6m Burlington to Lamar project is expected to be completed in late 2020. Both projects are being built to improve grid reliability and support wind development in eastern Colorado.

CenterPoint Energy (NYSE:CNP) also announced two new projects, including the estimated $20.4m Zenith to Franz Project, which involves a new 18.6-mile, 138-kV transmission line with a completion date of summer 2017. The project will help improve reliability in southern Texas. The second project is the Freeport LNG Expansion Project, which is being built to provide additional capacity to the corresponding planned facility in southern Texas. The project includes a new approximately one-mile, 345-kV line, which has an in-service date of late 2016. The total cost of the line is estimated at $80m.

Westar Energy (NYSE:WR) announced the new Jeffrey Energy Center to East Manhattan Rebuild project in central Kansas. The project involves a new 25.6-mile, 345-kV transmission line at a cost of $58.3m. The line will improve grid reliability in the region and is expected to be completed by summer 2017.

Two projects were energized in February, including National Grid USA’s Luther Forest to Eastover Road project in New York. The 17-mile, 115-kV transmission line cost $20m. National Grid is a subsidiary of National Grid plc.

Also, Entergy’s (NYSE:ETR) Entergy Arkansas Inc. completed its 1.5-mile, 115-kV Smackover Project in Arkansas. The project was built to support the Cross Oil refinery and cost approximately $8.4m.

Various projects saw progress updates in February. For example, Tri-State Generation and Transmission announced that both the Montrose-Nucla-Cahone Improvement Project and San Juan Basin Energy Connect Project are now under construction. The Montose project involves a new 80-mile, 230-kV transmission line that will cost nearly $92m and has an in-service date of late 2018. The San Juan Basin project involves a new 70-mile, 230-kV transmission line that will cost nearly $113m and is expected to be completed later this year.

Western Area Power Administration (Western) announced that two of its projects are now under construction. The ED2 to ED4 project involves a new nine-mile, 230-kV transmission line, which will cost $11.m and has a completion date of late 2015. The Parker to Headgate Rock project involves a new 14-mile, 161-kV transmission line, which will cost $18m and has an in-service date of late 2015 as well. Western also revealed that its Headgate Rock to Blythe Rebuild project has been suspended. That project would have included rebuilding 52 miles of existing 161-kV transmission line.

Arizona Public Service (APS) broke ground on two of its projects, including the Palm Valley to Trilby Wash project, which involves building a new 12-mile, 230-kV transmission line in southern Arizona at a cost of $28m. The project is expected to be completed by next summer. The second project is the Hassayampa to North Gila 500-kV #2 Line. This new $181.4m transmission line will be approximately 115 miles long and will be energized by the end of this year. APS is a subsidiary of Pinnacle West Capital Corp. (NYSE:PNW).

Finally, Xcel Energy (NYSE:XEL) was issued a draft environmental assessment from the Bureau of Land Management for its San Luis Valley Rebuild Project. The project has an estimated cost of $150m, and involves rebuilding the existing 115-kV, 144.2-mile transmission line in eastern Colorado. The project has a completion date of late 2019.