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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Table 1 – Cost comparison of options considered<br />
1<br />
2a<br />
2c<br />
3b<br />
Option<br />
Upgrade of both Tarraleah and<br />
Tungatinah switchyards in-situ<br />
Consolidate at Tungatinah with fully<br />
selectable double bus AIS<br />
Consolidate at Tungatinah with double<br />
bus AIS and back-to-back connections<br />
Remote site using gas-insulated<br />
switchgear (GIS)<br />
SKM estimated <strong>capital</strong><br />
cost of option<br />
($2005 million)<br />
Net present value of<br />
option ($2007 million)<br />
excluding Brownfield<br />
factor<br />
0BInvestment Evaluation Summary<br />
TNM-GS-809-0720<br />
Net present value of<br />
option ($2007 million)<br />
including 20 percent<br />
Brownfield factor<br />
$11.31 -$15.45 -$18.18<br />
$11.62 -$16.17 -$18.97<br />
$11.15 -$15.26 -$17.95<br />
$14.11 -$17.89 -$17.89<br />
3c Remote site using hybrid switchgear $12.97 -$16.50 -$16.50<br />
On the basis that SKM identified an AIS solution as the lowest <strong>capital</strong> cost option, <strong>Transend</strong> prepared a detailed scope<br />
and estimate for this option. Details of the scope are provided in document ‘Tungatinah Substation 110 kV<br />
redevelopment – project definition form’ (TRIM D08/20858). At a high level, the basis for the estimate includes the<br />
following key activities:<br />
� redevelop Tungatinah Substation 110 kV switchyard by:<br />
o replacing the remaining switchgear, conductors and string-insulator assemblies of obsolete design and<br />
manufacture (ie. re-use recently replaced equipment where practicable);<br />
o replacing and relocating all protection and control schemes to improve functional performance;<br />
o rationalise switching arrangements by removing the ring bus; and<br />
o segregating transmission assets from their existing location in the power station to provide independent SCADA<br />
and DC supplies, together with security against fire, flood and intruders.<br />
� redevelop Tarraleah Switching Station 110 kV switchyard by:<br />
o replacing all switchgear, conductors and string-insulator assemblies of obsolete design and manufacture;<br />
o replacing and relocating all protection and control schemes to improve functional performance;<br />
o rationalising equipment by relocating identified switch-bays to Tungatinah; and<br />
o segregating transmission assets from the power station location to provide independent SCADA and DC<br />
supplies, together with security against fire, flood and intruders.<br />
� removal of sub-standard transmission line clearances by:<br />
o ground profiling/replacement of structures on TL424 (TA–TU, west); and<br />
o removing the Boyer Tee Structure and over-passing the Boyer Tee Structure site.<br />
� rationalise switching arrangements to improve constructability, operability (protection and network performance)<br />
and maintainability; and<br />
� consolidate <strong>Transend</strong>’s protection and control assets at a new control building at Tungatinah Substation.<br />
A summary of the various components of <strong>Transend</strong>’s estimates is provided in Table 2.<br />
© <strong>Transend</strong> Networks Pty Ltd 14 of 15