Monthly Project Review March 2016

Seven new transmission projects were announced in March, including Dominion Virginia Power’s Harmony Village–Northern Neck Line #65 Rebuild project in Middlesex County, Va.

That project involves replacing 2.2 miles of existing 115-kV transmission line in order to ensure continued reliability. The project has a cost estimate of $26.2m, and completion is set for late 2017.

Dominion Resources’ (NYSE:D) Dominion Virginia Power is also planning the new Cunningham–Dooms Rebuild, which involves replacing 32.7 miles of existing 500-kV transmission line in Fluvanna County, Va. The rebuild is necessary to assure continued reliability. The project has a cost estimate of $59m, and is expected to be completed by summer 2019.

AEP Ohio, subsidiary of American Electric Power (NYSE:AEP), is planning a 4-mile, 138-kV rebuild near Warren, Ohio. The Speidel–Barnesville Rebuild project would allow additional capacity, and it has an estimated project cost of $5m. AEP Ohio expects to complete the rebuild by late 2018.

AEP Ohio is also planning on replacing nearly 16 miles of 69-kV lines to 138-kV standards in Noble County, Ohio. The Barnesville–Summerfield Rebuild project, which has a cost estimate of $20m, would be built to address increased electrical demand. The project is expected to be completed by the end of 2018.

American Transmission Company’s (ATC) planned Boscobel–Lone Rock Rebuild involves replacing 25 miles of existing 69-kV transmission line in order to ensure continued reliability. ATC expects the line to be complete by the end of 2019, at a cost of about $32m.

Vermont Electric Power Company announced the new Connecticut River Valley Project near Weathersfield, Vt. The new project involves rebuilding a line between the Coolidge and Ascutney substations, as well as rebuilding the Chelsea substation. The project, which is intended to improve local and regional system reliability, has an estimated cost of $122.5m, and is expected to be energized by summer 2018. Vermont Electric Power Company is a subsidiary of Gaz Metro.

Southwestern Public Service’s (SPS) Bowers to Howard transmission line was the only project energized in March. The new project involved 34 miles of new 115-kV transmission line in Wheeler County, Texas. The project was completed at a cost of approximately $39m. SPS is a subsidiary of Xcel Energy (NYSE:XEL).

Several projects saw changes in March. For instance, Jersey Central Power and Light (JCP&L) broke ground last month on its sponsored Oceanview Reinforcement Project near Neptune, N.J. The project involves a new 16-mile, 230-kV transmission line between the Larrabee and Oceanview substations. The project has a cost estimate of $124m, and is expected to be placed into service by June 2017. JCP&L is a subsidiary of FirstEnergy (NYSE:FE).

The Tuco to Yoakum to Hobbs project, sponsored by SPS, received approval from the Public Utility Commission of Texas for the Yoakum–Hobbs portion of the proposed transmission line. The entire project involves a new 159-mile, 345-kV line to bring additional capacity to southwest Texas. The project has an estimated cost of $242m, and is expected to be completed by summer 2020.

ATC received approval from the Public Service Commission (PSC) of Wisconsin for its planned Spring Valley–North Lake Geneva Electric Reliability Project around Kenosha County, Wis. The project involves a new 25-mile, 138-kV transmission line, a new substation near Twin Lakes, a new 69-kV line, and rebuilding of an existing 69-kV line. The project has a cost estimate of $80.6m, and is needed to strengthen the region’s transmission system. Completion of the project is expected by 2019.

Florida Power and Light (FPL) was granted a petition for determination by the Florida PSC for its planned Raven to Duval project. The new line will be approximately 35 miles and rated at 230-kV. The project, which also involves the new Raven substation, has a total project cost of approximately $71m. The project has a planned in-service date of December 2018, and is needed to serve the increasing load in FPL’s northern region. FPL is a subsidiary of NextEra Energy (NYSE:NEE).

Finally, Entergy Mississippi, subsidiary of Entergy (NYSE:ETR), received approval from the Mississippi PSC for its Franklin to McComb Reliability Improvement Project. The project involves a new 230-kV transmission line to address future load growth. The project has an estimated cost of $39m, and a scheduled completion date of late 2017.