The Basin Electric board approved the 2016-2018 construction work plan and the 2016-2025 long-range engineering plan. Both plans were presented by Tanner Broderick, Basin Electric mechanical engineer III.
The long-range engineering plan includes capital projects anticipated to be approved in the next 10 years. Projects exceeding $100,000 are recognized, and the information is used as a planning tool for Engineering & Construction, Operations and ultimately, the financial forecast. All projects included in the plan ensure safety, environmental compliance, reliability and availability. Approximately $2.5 billion is expected to be spent on all facilities over the next 10 years. This includes more than $400 million at Laramie River Station and $1.5 billion on potential new generation.
The construction work plan shows projects that have a cash flow in the next three years. The plan includes projects in the long-range plan along with projects that have been approved in previous years. The 2016-2018 plan shows an estimated cash flow total of $731 million. Nearly half — $334 million — would be spent at Laramie River Station.
All numbers are best estimates at this time. Pending litigation concerning environmental regulations, specifically Regional Haze in Wyoming, would affect the numbers.