Transend - Appendix 5 Renewal capital expenditure - Australian ...
Transend - Appendix 5 Renewal capital expenditure - Australian ...
Transend - Appendix 5 Renewal capital expenditure - Australian ...
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The drawbacks for this option are that it:<br />
� results in a higher initial <strong>capital</strong> cost than option 1;<br />
0BInvestment Evaluation Summary<br />
TNM-GS-809-0720<br />
� results in a higher overall <strong>capital</strong> cost than option 2, primarily due to contractor remobilisation and increased internal<br />
costs;<br />
� does not align with <strong>Transend</strong>’s policy to utilise dead tank circuit breakers when replacing 110 kV live tank current<br />
transformers and circuit breakers for two 110 kV bays;<br />
� reduced efficiencies in project delivery, in particular co-ordination of works associated with the Avoca Substation<br />
transformer T2 installation project and asset replacement works; and<br />
� will need additional transmission circuit outages to undertake the works.<br />
7.3.4 CONCLUSION<br />
This option is technically viable.<br />
7.4 OPTION 4: COMPLETE REDEVELOPMENT OF PALMERSTON SUBSTATION<br />
110 KV<br />
7.4.1 SCOPE<br />
The scope for this option includes:<br />
� in-situ replacement of the existing live tank circuit breakers with dead tank units that have integral current<br />
transformers;<br />
� replacement of 110 kV disconnectors in situ;<br />
� replacement of gantry structures;<br />
� replacement of protection and control schemes; and<br />
� implement revised maintenance practices.<br />
The <strong>capital</strong> cost of this option is $12.49 million ($June 2007).<br />
7.4.2 BENEFITS<br />
The benefits for this option are that it:<br />
� allows <strong>Transend</strong> to achieve the <strong>capital</strong> <strong>expenditure</strong> objectives;<br />
� addresses safety issues associated with the 110 kV assets identified in Section 4 of this document, in particular the<br />
110 kV voltage transformers and post insulators;<br />
� addresses other performance, reliability and design issues identified in Section 4 of this document;<br />
� improves operational functionality as new 110 kV disconnectors would be motorised and capable of remote<br />
operation; and<br />
� reduces the ongoing maintenance requirements and costs associated with the site.<br />
7.4.3 DRAWBACKS<br />
The drawbacks for this option are that it:<br />
� would need outages of an extended duration for each transmission circuit because it would be required to replace<br />
110 kV disconnectors and other infrastructure; and<br />
� would require a higher <strong>capital</strong> cost than option 2.<br />
© <strong>Transend</strong> Networks Pty Ltd 12 of 13