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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0BInvestment Evaluation Summary<br />
TNM-GS-809-0720<br />
� incur significantly longer and more frequent outages due to the intensive maintenance regimes that would be<br />
required to maintain the existing assets in service (whilst recognising that this approach is almost certainly unlikely<br />
to be successful);<br />
� 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; and<br />
� not align with the recommendations made in the respective asset management plans for the primary and secondary<br />
assets.<br />
7.1.4 CONCLUSION<br />
Although this option may have lower initial <strong>capital</strong> cost, it is not the preferred option because it does not ensure the<br />
reliable operation of Knights Road Substation.<br />
7.2 OPTION 2: REPLACE SELECTED ASSETS IN-SITU<br />
7.2.1 SCOPE<br />
The scope for this option includes the replacement of the following assets in 2014:<br />
� in-situ replacement of assets that are known to present a significant safety risk, including post insulators, voltage<br />
transformers and current transformers;<br />
� replacement of the existing live tank circuit breakers with dead tank units with integral current transformers;<br />
� replacement of voltage transformers in-situ;<br />
� replacement of multi-piece post insulators with new units in-situ;<br />
� replacement of all droppers with aluminium conductor and compression fittings;<br />
� replacement of the identified protection and control schemes; and<br />
� implementation of revised maintenance practices.<br />
The <strong>capital</strong> cost of this option is $7.44 million ($June 2007).<br />
7.2.2 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 the safety and performance issues associated with the 110 kV assets identified in section 4 of this<br />
document, in particular the 110 kV voltage transformers and post insulators;<br />
� addresses other performance, reliability and design issues identified in section 4; and<br />
� reduces the ongoing maintenance requirements and costs associated with the site.<br />
7.2.3 DRAWBACKS<br />
The option has the following drawbacks:<br />
� higher initial <strong>capital</strong> cost than option 1.<br />
7.2.4 CONCLUSION<br />
This option is technically viable.<br />
© <strong>Transend</strong> Networks Pty Ltd 10 of 13