PEPCO may not finance MAPP transmission line
June 27th, 2009
And that’s a good thing, because their SEC filings show that demand is down from 2007-2007, as it is everywhere. It’s looking like utilities are unable to sustain their drive for long distance market dispatch, and if this trend is the reality, and their stock continues to be in the toilet, they can’t build their transmission dream — this is good news! Chalk up one for the economic depression!
All of us participating in the Delmarva Power IRP have to make sure the PSC knows about the tanked market, after all, they’re addressing how Delmarva Power will fulfill its demand, and for sure we don’t need new generation (need different generation, to be sure) or any transmission. As to needing different generation, it’s particularly important at this time to attach a requirement to SHUT DOWN FOSSIL FUEL to any RES. Without that, they’ll just sell it elsewhere, and we won’t gain anything.
Here’s one example of how the economy can have an impact on electric infrastructure and market. Hot off the press — PEPCO may not be selling stock to finance projects, and the biggest project they’re looking at is the much-detested Mid-Atlantic Power Pathway, electric transmission known as the MAPP line.
And remember, not that long ago, PJM cancelled the part from Indian River to Salem, NJ, at the Salem & Hope Creek nuclear plants. Here’s what it looks like now, supposedly:
HA! THEIR MAPS DON’T EVEN REFLECT THAT CHANGE!!
The Press Release says:
According to Gausman, PJM has also reviewed the need for the section of the line that would run from Delmarva Power’s Indian River substation near Millsboro, Del., to Salem, N.J., and has decided to move this portion of the line into its “continuing study” category. This means that the reconfigured MAPP line will now extend approximately 150 miles from northern Virginia, across southern Maryland and the Chesapeake Bay, and terminate at Indian River. The change would likely reduce the total project cost from $1.4 billion to $1.2 billion.
(Emphasis added). Hee hee hee hee hee — “… terminate at Indian River.” No Indian River to Salem, NJ section. Cutting a section out is just one more step to tanking the project. What’s the point of a radial line to Indian River? Some would say that “hey, there’s transmission there, it’s not a radial line,” but there’s NOT transmission there to facilitate the bulk power transfers coming in on a 500kV line. The system there is comparatively VERY low voltage. Others would note that the Indian River plant has two units shutting down, but folks, they’re the smallest units, totalling about 150MW or so, that will not make a big electrical difference, though it has a significant impact on our ability to breathe the air in southern Delaware! Taking the small Indian River units most probably means that Bluewater Wind should have no problem interconnecting — lets see the interconnection studies with Indian River units off line!
Anyway, here’s the poop — and look at the PEPCO price: $13.39, about half of what it was a year ago ($26.25) (for month, YTD, year and 5 year, go HERE) If you look at the 5 year trend, it’s the same reflected in Xcel’s demand — everything goes south in 2007. THIS IS NOT A “BLIP” FROM LAST FALL’S CRASH, this is a 2 year, nearly 3 year trend. (For Xcel month, YTD, year and 5 year, go HERE).
From PEPCO’s 2008 SEC 10-K, here’s their 2007-2008 energy delivery numbers (DOWN), regulated and default:
|
Regulated T&D Electric Sales (Gigawatt hours (GWh))
|
||||||||||
|
2008
|
2007
|
Change
|
||||||||
|
Residential
|
17,186
|
17,946
|
(760)
|
|||||||
|
Commercial
|
28,739
|
29,137
|
(398)
|
|||||||
|
Industrial
|
3,781
|
3,974
|
(193)
|
|||||||
|
Other
|
261
|
261
|
–
|
|||||||
|
Total Regulated T&D Electric Sales
|
49,967
|
51,318
|
(1,351)
|
|||||||
|
Default Electricity Supply Sales (GWh)
|
||||||||||
|
2008
|
2007
|
Change
|
||||||||
|
Residential
|
16,621
|
17,469
|
(848)
|
|||||||
|
Commercial
|
9,564
|
9,910
|
(346)
|
|||||||
|
Industrial
|
640
|
914
|
(274)
|
|||||||
|
Other
|
101
|
131
|
(30)
|
|||||||
|
Total Default Electricity Supply Sales
|
26,926
|
28,424
|
(1,498)
|
|||||||
Here’s PEPCO 2007-7008 SEC 10-K info, 2006-6007, regulated and default – these numbers should be the same for the same years, and they’re not, what does that mean:
|
Regulated T&D Electric Sales (GWh)
|
||||||||||
|
2007
|
2006
|
Change
|
||||||||
|
Residential
|
17,946
|
17,139
|
807
|
|||||||
|
Commercial
|
29,398
|
28,638
|
760
|
|||||||
|
Industrial
|
3,974
|
4,119
|
(145)
|
|||||||
|
Total Regulated T&D Electric Sales
|
51,318
|
49,896
|
1,422
|
|||||||
|
Default Electricity Supply Sales (GWh)
|
||||||||||
|
2007
|
2006
|
Change
|
||||||||
|
Residential
|
17,469
|
16,698
|
771
|
|||||||
|
Commercial
|
9,910
|
14,799
|
(4,889)
|
|||||||
|
Industrial
|
914
|
1,379
|
(465)
|
|||||||
|
Other
|
131
|
129
|
2
|
|||||||
|
Total Default Electricity Supply Sales
|
28,424
|
33,005
|
(4,581)
|
|||||||
Here’s the PEPCO 2006 SEC 10-K info, their 2005-2006 energy delivery numbers (DOWN), first regulated sales:
| Regulated T&D Electric Sales (gigawatt hours (Gwh)) | |||||||||||
|
2006 |
2005 |
Change |
|||||||||
| Residential |
17,139 |
18,045 |
(906) |
||||||||
| Commercial |
28,638 |
29,441 |
(803) |
||||||||
| Industrial |
4,119 |
4,288 |
(169) |
||||||||
| Total Regulated T&D Electric Sales |
49,896 |
51,774 |
(1,878) |
||||||||
| Default Electricity Supply Sales (Gwh) | |||||||||||
|
2006 |
2005 |
Change |
|||||||||
| Residential |
16,698 |
17,490 |
(792) |
||||||||
| Commercial |
14,799 |
15,020 |
(221) |
||||||||
| Industrial |
1,379 |
2,058 |
(679) |
||||||||
| Other |
129 |
157 |
(28) |
||||||||
| Total Default Electricity Supply Sales |
33,005 |
34,725 |
(1,720) |
||||||||
CLICK HERE – PEPCO’s SEC 10-K filings for lots of years to do your own looking!
From Bloomberg:
Pepco CFO May Postpone Investment to Avoid Share Sale
Pepco fell 3 cents to $13.39 in composite trading on the New York Stock Exchange.
LS Power’s Sunrise River mega gas plant
June 26th, 2009
LS Power is proposing to put a massive 800+ MW gas peaking plant in Chisago County, right by the Chisago County substation. This isn’t news for regular Legalectric readers, but the community is just starting to wake up.
This plant was the subject of a utility personal property tax exemption bill introduced by area legislators, Rep. Jeremy Kalin and Sen. Rick Olseen, and they introduced it without notifying local governments that they were pulling out a lot of much needed funding by exempting the plant from taxes (if local residents have to pay taxes, shouldn’t they? How is LS Power special?). THIS SAYS THE GOVERNOR VETOED IT.
When it came up at the county, and a Commissioner wanted to send a thank you to Kalin and Olseen, things got a little hot:
That’s encouraging, not everyone is toadying…
There have been meetings this week about the LS Power proposal, one on Monday for “stakeholders” it seems, and another on Tuesday for the public. The one on Monday, well, we need more information… like, who’s a “stakeholder,” and who decides?
As for Tuesday, here’s a link:
And will you look at who was there?!?!?!
And I hear they’ll be holding another next Monday, so you should go if you’re interested:
Where?
When?
I’m struck by how the statutory reference on the “Friends” site is only to Chapter 216E, the siting and routing process, and worse, it focuses on the the shortened “Ram it Through” alternate review... if they’ve got that up their sleeves, they’ll need a whack upside da head on that one. And if it’s shortened review, they have the option of “local review.” Is that the plan? FOR AN 855MW PLANT??? GUESS AGAIN, CUPCAKE!!!
And so, welcome to the Certificate of Need concept.
It seems to me that they had at least one similar meeting over a year ago, in April, 2008, looking at a snippet from Larry Baker’s page — who was regarded as a “stakeholder” then??
LS Power’s proposal is moving along in the MISO queue:
As you can see from the G975 chart in the study above, G975 has a few problems:
Here’s an earlier report from one of the three prior MISO queue’d projects for this location:
… and what’s interesting about is, first, they eliminated a reconductoring option because it was deemed too costly, not feasible, and here are the other options, starting with Option 2, p. 7 in the study above:
See that big honkin’ 345kV line that would have to be built?!?!
And for Option 3, p. 8:
More transmission lines to be built…
Either way you look at it, we’re talking lots of big transmission in Chisago land.
Whatever are they thinking?
Mpls. Planning Commission HERC discussion
June 26th, 2009
On Monday, the Minneapolis Planning Commission had another hearing and deliberated the HERC garbage burner expansion. The discussion of the Planning Commission was enlightening — here it is (it’s big, patience), just go here and click “download” and in time, it’ll be there:
After which, of course, they voted it DOWN. Denied. No permit.
Thanks to the Planning Commission for taking a close look at this project!
Memorial for Bob Norgord Thursday (today)
June 25th, 2009
Bob Norgord, a founding CAMPer, died suddenly on Sunday night. There will be a drop-in memorial gathering for him today, like right now:
4-7 p.m.
Trout Lake Town Hall
24951 County Road 10
Bovey, MN 55709
I knew Bob Norgord through his work against the Mesaba Project. Bob was always ready at the drop of a hat to get to an important meeting, go out to the Excelsior site in the woods to meet visitors, an enthusiastic, positive and hard-charging and effective. An amazing guy… he will be greatly missed.
From the Grand Rapids Herald Review:
Robert “Bob” Norgord
A win! HERC denied permit by Mpls Planning Commission
June 23rd, 2009
WE WON A SMALL WIN — A START ON PREVENTION OF EXPANSION OF HENNEPIN COUNTY’S HERC BURNER!
Now and then, it sure helps to win, and Neighbors Against the Burner is on a roll here!
Here’s Alan Muller, testifying about specifics, noting that the areas of greatest concentration shown in the “ballpark EIS” were NOT in the ballpark, and the City has not addressed these impacts in any way:
In the meantime, here’s his letter to the Commission prior to the last meeting with a graph showing emissions:
Rep. Karen Clark came in to testify about her opposition to the project, citing the impacts of pollution on Hennepin County, armed with graphic graphics showing how bad the situation is already, and testified about specific impacts in her district, the Phillips neighborhood, particularly arsenic impacts, and other harmful pollutants.
Rep. Frank Hornstein also testified against the project, as did John Schatz, Leslie Davis, and the most bizarre HERC cheerleading twit, Mary deLaittre, who has actually written THIS (be sure to check the links.. “unique waste to energy facilities, oh pleeeeeze, pass the barf bag)– PARAGRAPH BELOW IS LINKED TO SITE:
- A HERCulean effort
- Because repetition is our friend, we feel the need to re-visit HERC (Hennepin Energy Recovery Center) and extol its virtues again. We sense that many have been missing the forest for the trees with respect to our pal HERC. HERC is a neighborhood amenity that provides an invaluable community service by disposing of 356,000 tons of garbage a year for Hennepin County. This garbage is converted into enough electricity to power 25,000 households, or 1/5 of all the residences in Minneapolis. Not only is it a 24/7/365 powerhouse, it is also a green building, to boot. Powerful as it is, HERC could do even more. HERC’s operators cite the plant’s unused capacity, and desire to contribute additional steam/water heating and cooling for the North Loop neighborhood. Like any building over 20 years old, it needs a bit of updating. A proposed makeover by Hennepin County and Covanta Energy, originally designed by students from the University of Minnesota, shows how the building and grounds could be transformed. So, as a city that touts itself as being green and wanting to be more sustainable, we should be celebrating HERC and supporting its efforts to become a better neighbor and community landmark. Visit our expanded collection of images featuring unique waste to energy facilities from around the world.
I’m speechless… too bizarre…
And alsoin the bizarre category, Asst. City Attorney wrote an opinion as to the City’s authority to adopt more stringent air emissions standards, a blatant attempt to quash their desire to act, to LAWFULLY act:
It was a hoot that he cited, offpoint, from Jimmy Jam Harris’ tax case in Hennepin County — when I looked that one up, right below it was Terry Lewis’ tax case! I can’t imagine why he’d cite these cases, as they didn’t make a useful argument for his view of statutory interpretation or lack thereof…
Anyway, I had a few minutes to blast off a reply:
From the article about it in the STrib, and note they’re clear about their authority:
Here’s the full article:











