1 / 13

Grain Belt Express Overview & HB1062

Grain Belt Express Overview & HB1062. GBX Project Description. 780-mile overhead, DC transmission line delivering wind energy from western Kansas to utilities and customers in Missouri, Illinois, Indiana and neighboring states;

elders
Download Presentation

Grain Belt Express Overview & HB1062

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Grain Belt Express Overview & HB1062

  2. GBX Project Description • 780-mile overhead, DC transmission line delivering wind energy from western Kansas to utilities and customers in Missouri, Illinois, Indiana and neighboring states; • 4,000 megawatts of low-cost, renewable power and enough clean energy for 1.6 million homes per year; • Create thousands of construction jobs and hundreds of permanent jobs to maintain and operate the wind farms and transmission line; • Estimated $2.3 billion development and construction investment that will enable approximately $7 billion of new, renewable energy projects to be built; • Providing a long-term source of income for rural communities that host the line. • Grain Belt Express is a participant-funded, merchant model project. Its construction will be paid for by the renewable energy generators and load serving entities that purchase transmission capacity on the line.

  3. Proposed Route

  4. Proposed Route

  5. Corporate Support • General Mills • Target • General Motors • Proctor & Gamble • Hubbell Power Systems • Kellogg’s • Owens Corning • PAR Electrical Contractors • Nestle • ABB • Unilever • Wal-Mart

  6. Missouri Benefits • Help Power 39 Missouri Communities; • Save an estimated $12.8M annually on electric costs; • $500M investment in Missouri • Create 1,500 jobs • No State Subsidies • $7.2M Local Property Tax Revenues • 350,000 Missourians benefit • Estimated $32M in Compensation to Local Land Owners

  7. Rolla Benefits • Estimated $1.24M annual electricity savings; • $24.8M Savings Over 20 Year Term • Savings can by used for Rate Relief, Rate Stabilization, Infrastructure Investment, or any Combination

  8. GBX Opposition • 570 Landowners Affected by Route • Primary Opposition - Private Landowners within, or adjacent to the Proposed Route • Private Company Taking Private Property for Private Gain • Make Land Unusable • Take Property Without Just and Fair Compensation • Unable to Plant Crops Under the T-Line • Unable to Move Farming Equipment Under T-Line • Access to Eminent Domain, typically reserved for Public Benefit Projects (Land Rights Issue)

  9. PSC Consideration • Five Years of Hearings, Including MO Supreme Court Ruling • Local and Jefferson City Hearings • Comprehensive 54 Page Report and Order • https://www.efis.psc.mo.gov/mpsc/DocketSheet.html • Enter Case #: EA-2016-0358, Item #758 • Project Determined to be in the Public Interest

  10. PSC Consideration • “Negative Impacts of the Project on the Land and Landowners Mitigated by • (a) A Landowner Protocol to Protect Landowners; • (b) Superior Compensation Payments; • (c) A Binding Arbitration Option for Easement Negotiations; • (d) A Decommissioning Fund; and • (e) An Agricultural Impact Protocol to Avoid or Minimize Negative Agricultural Impacts” • “…No More than Nine Acres of Land in Missouri will be taken out of Agricultural Production…”

  11. PSC Consideration P. 47 of PSC Report and Order On Remand “There can be no debate that our energy future will require more diversity in energy resources, particularly renewable resources. We are witnessing a worldwide, long-term and comprehensive movement towards renewable energy in general and wind energy specifically. Wind energy provides great promise as a source for affordable, reliable, safe, and environmentally-friendly energy. The Grain Belt Project will facilitate this movement in Missouri, will thereby benefit Missouri citizens, and is, therefore, in the public interest.”

  12. HB1062 • Introduced by Rep. Hansen, District 40 • (1) Private entities shall not have the power of eminent domain under the provisions of this section for the purposes of constructing above-ground merchant lines. • (2) For the purpose of this subsection, the following terms mean: (a) "Merchant line", a high-voltage direct current electric transmission line which does not provide for the erection of electric substations at intervals of less than fifty miles, which substations are necessary to accommodate both the purchase and sale to persons located in this state of electricity generated or transmitted by the private entity; and (b) "Private entity", a utility company that does not provide service to end-use customers or provide retail service in Missouri, regardless of whether it has received a certificate of convenience and necessity from the public service commission under section 393.170.

  13. HB1062 Progress • Passed out of the House April 18, 2019 (115-35) • Senate Commerce Committee Hearing, May 1st, Heavily Attended • Passed out of Senate Commerce Committee May 6, 2019 (6-5) • Not Currently Scheduled For Next Action

More Related