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Transmission Developers Inc. update to Stony Point Residents regarding Champlain Hudson Power Express June 18, 2013 DRAFT Welcome Transmission Developers Inc. (TDI) welcomes the opportunity to update the community of Stony Point This


  1. Transmission Developers Inc. update to Stony Point Residents regarding Champlain Hudson Power Express June 18, 2013

  2. DRAFT Welcome • Transmission Developers Inc. (TDI) welcomes the opportunity to update the community of Stony Point • This meeting tonight is to continue the dialogue • This meeting tonight is to continue the dialogue on the Champlain Hudson Power Express (CHPE) project development 2

  3. DRAFT Project Overview • In-development since 2008, proposed in- service by Q4-2017 • 333-mile underground 1,000 MW High Voltage Direct Current (HVDC) transmission line • Once constructed, the project will: Deliver renewable hydro power to meet the • demands of a growing population and economy Create construction and permanent jobs Create construction and permanent jobs • • Fuel economic growth through lower consumer • costs estimated to be $650 million a year Diversify the fuel supply mix for power supply in • the state Alleviate existing constraints, enhance system • reliability and add Black Start capability for system emergencies Lower greenhouse gas emissions • • Privately financed ($2.2B) capital project • Over $20 million a year in property taxes with an estimated $800,000 per year for Rockland County 3

  4. DRAFT Significant Developments Order Granting Certificate of Environmental Compatibility and Public Need – Application filed March 2010 – Public Service Commission approved Article VII Certificate on April 18, 2013 – Broadly supported by Consumer Organizations, Environmental Organizations and State Agencies – The PSC is an independent body charged with determining the public need and environmental compatibility of power transmission projects of this kind 4

  5. DRAFT Significant Developments Order Granting Certificate of Environmental Compatibility and Public Need States the New Power Line Would: – Enhance fuel diversity – Help reduce strain on the gas transportation system – Provide significant environmental benefit – Provide significant environmental benefit – Shield ratepayers from project construction and operation costs – Provide stronger transmission ties into New York City, one of the most congested load pockets in the nation – Be consistent with the State Energy Plan and PlaNYC 5

  6. DRAFT Significant Developments • New York City “A Stronger more Resilient New York” – June 11, 2013 – Comprehensive plan that contains actionable recommendations both for rebuilding the communities impacted by Hurricane Sandy and increasing the resilience of infrastructure and buildings citywide buildings citywide – Strategy: Reconfigure utility networks to be redundant and resilient – The City actively supported the issuance of a State permit to construct and operate a 333-mile transmission line from Quebec that would allow for the importation of 1,000 MW of clean, low carbon Canadian hydropower directly to New York City 6

  7. DRAFT Significant Developments Significant Developments • The project will provide the background to the new and reinforced grid in NYC • Hardened infrastructure helps the State of New York • Geographic and fuel diversity helps the entire State • Geographic and fuel diversity helps the entire State through significant weather events • The project will provide Blackstart capabilities for southern New York 7

  8. DRAFT Significant Developments • CHPE launched a contractor portal on its website www.chpexpress.com to solicit input from local contractors to help build the project • TDI and Hydro-Quebec signed a Joint Development • TDI and Hydro-Quebec signed a Joint Development Agreement to coordinate the projects on both sides of the border • TDI engaged Rick Chase as Senior Public Affairs Consultant 8

  9. DRAFT Going Forward There is still a significant amount of work to complete this project including important upcoming public consultation • Community outreach program • Office Expansion • Office Expansion – Albany (2009) – New York City (2010) – Stony Point (Summer of 2013) – North Country (Fall of 2013) • Public hearings • EM&CP development 9

  10. DRAFT Schedule of Approvals 2010 2011 2012 Continued… Feb Mar Aug Nov Dec Jun Blackstone investment in TDI January 25, 2010 New York New York State Public Scoping Feb. 24, 2012 State Article Completeness Report Joint Proposal of VII Filing Determination Complete Settlement filed with NY State PSC NY State Issues Conditional NYS Article VII Negotiated Coastal Zone Consistency Ruling Settlement Discussions with Under The Federal Coastal Zone Parties Begin Management Act Feb Mar Jan July Aug July Jan Presidential Permit Public Filing Updated Mar 30, 2012 Feb. 28, Application Filed Application Filed Comment Comment To Reflect To Reflect 2012 2012 DOE noticed DOE noticed With DOE Period Closed Conditions In Application planned reopening www.chpexpresseis.org CZMA Ruling Updated To of scoping process Reflect Joint Proposal Public Scoping Meetings Completed NY State Dec July Feb Mar Regulatory Process Clean Water Act 404 Filing Updated Feb. 28, 2012 Consultation TDI Dredge And Fill/Rivers To Reflect Application Presidential and Harbors Act, Section Conditions In Updated To Permit 10 Permit Applications CZMA Ruling Reflect Joint Proposal Filed With Army Corps Army Corps of Engineers Permitting CZMA June Consistency Determination New York State Issues Conditional Coastal Zone Consistency Ruling Under The Federal Coastal Zone 10 Management Act

  11. DRAFT Schedule of Approvals 2012 2013 Apr Dec Feb Apr Sep Dec Environmental 6 Public ALJ Recommendation Management & PSC issues Hearings On To PSC Construction Article VII Joint Proposal Plan (EM&CP) Certificate Sept. – Nov. development & PSC issues review Water Quality Certificate July-Aug Dec Nov Jun Sept Dec July Sept. 18, 2012 DOE circulates DEIS DEIS Final EIS Presidential DOE Issues DOE Issues for Internal Review for Internal Review released for released for 60 Day Public 60 Day Public Issued Issued Permit Permit Scoping Report by Federal Agencies; public Issued Comment & Public including Secretaries comment Meetings of Defense and State June 14, 2012 for PP concurrence Comment period closed on scope of DEIS Dec NY State Feb Apr July July-Aug Oct May Regulatory Process Preparation DEIS 404 Permit Submission Public of the Public Review Presidential And Section Deemed Comment Comment Complete Permit 10 Permits Complete Response Issued Document Key design Least Army Corps review with of Engineers Environmentally ACOE Damaging Partible Permitting Alternative (LEDPA) added to DEIS CZMA Consistency Determination 11

  12. DRAFT New York State Future Energy Need The New York Energy Highway Blueprint provides a plan for carrying forward a dynamic public-private partnership that will rebuild and rejuvenate New York State’s electric power system and enable the State to meet the needs of a 21st century economy and society. Includes a wide range of measures to provide up to 3,200 megawatts (MW) • of additional electric generation and transmission capacity and clean power generation Most of State’s transmission lines are more than 50 years old and many need • to be replaced in the next ten years 67% of State’s generation is 30 years or older. Repowering or replacing older, • less efficient sources of electricity is necessary A rebounding economy could push the need for power beyond current • projections Source: www.nyenergyhighway.com 12

  13. DRAFT Federal Permitting Process United States Department of Energy - Case No. PP-362 The United States Department of Energy (DOE) is preparing an environmental impact statement (EIS) to evaluate potential environmental impacts associated with the proposed Champlain Hudson Power Express (CHPE) transmission line between the U.S. and Canada. between the U.S. and Canada. Public comment can be submitted to the DOE at: http://www.chpexpresseis.org/public-involvement.php www.energy.gov 13

  14. DRAFT Additional Information Transmission Developers Inc. Pieter Schuyler Building 600 Broadway 600 Broadway Albany, NY 12207 Phone: 518-465-0710 www.chpexpress.com 14

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