03.04.15

 

Anbaric CEO: Poseidon Project at end of interconnection process with PJM, NYISO

Project’s in-service date scheduled for 2020

(article originally appears in TransmissionHub, 03.04.15)

By Corina Rivera Linares
Chief Analyst

The proposed 500 MW high-voltage direct current (HVDC) Poseidon Project is at the end of the interconnection process with PJM Interconnection and the New York ISO (NYISO), Edward Krapels, CEO and founder of Anbaric Transmission, told TransmissionHub on March 4.

In New York, that means that the project is in the class year of 2015. The project’s in-service date is scheduled for 2020.

Anbaric subsidiary Poseidon Transmission 1 on March 2 said that the Poseidon Project has achieved two significant technical milestones as part of its interconnection process, including approval by the NYISO Operating Committee of the project’s system reliability impact study (SRIS).

That approval confirms that the project successfully complies with the reliability standards of the state’s electric system, and it means that Poseidon has completed the Public Service Law Article VII application requirements. The state Public Service Commission will now begin its review of the project and the formal portion of the Article VII proceeding.

The NYISO determination, the company added, follows a PJM facilities study report, which was issued on Jan. 29, and that found that Poseidon will not require any system upgrade facilities to facilitate its interconnection.

“The fact that Poseidon will interconnect seamlessly with both NYISO and PJM demonstrates the project’s superior design,” Clarke Bruno, senior vice president of Poseidon Transmission, said in the statement. “When energized, Poseidon will save Long Island ratepayers tens of millions of dollars per year through expanded access to more affordable and reliable energy resources.”

The project, which will deliver energy to Long Island, N.Y. – NYISO Zone K – from the PJM market, will be completely buried along existing rights of way or underwater, and will generate zero air emissions and water discharges, the company said

Krapels discussed other projects that are underway, including the Vermont Green Line, which was previously known as the Grand Isle Intertie. That project will connect upstate New York with New Haven, VT.

Krapels said that the project, which could be in service by 2019, would unlock 400 MW of clean energy resources in upstate areas that are transmission-constrained. That power would be delivered through the project to the New England states, helping to meet the regions’ clean energy goals, he said.

“We need to get transmission built to places that have ample wind energy,” Krapels said. “So we at Anbaric decided some years ago that we would put forward the projects to do that.”

He referenced a recently released draft request for proposals (RFP) for clean energy and transmission to deliver clean energy by the Connecticut Department of Energy and Environmental Protection, the Massachusetts Department of Energy Resources and six electric distribution companies of Massachusetts and Rhode Island.

That RFP, Krapels said, “is just right for our Vermont Green Line project,” and that the company will “absolutely” submit a bid in that process.

Another project that is underway is the 1,000 MW Maine Green Line project, which is part of the Green Line Infrastructure Alliance, a collaboration involving Anbaric and National Grid plc subsidiary National Grid USA.

“We’re in the middle of permitting of the ISO process,” Krapels said, adding that the project’s in-service year is 2021.

Cost estimates for the three projects are not known.

Krapels noted that the drivers behind the projects differ by region, adding, “Anbaric meticulously designs its projects to find the gap between what the grid is built to do and what policymakers want it to do.”

He said that in New England, the Maine Green Line and Vermont Green Line projects are strategically positioned to bring clean energy to market in line with the goals of the region’s policymakers.

In New York, the Poseidon project “is poised to deliver affordable energy to Long Island, which leaders have said is critical to improving the business climate there,” he said. “As a developer, we have a proven track record of conceptualizing and successfully executing projects that meet the policy goals and market need of the particular regions they serve.”

He added that Anbaric has made “a huge effort to make sure our projects are executable. All three of the projects pass that test and can be built.”

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