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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7.1.4 CONCLUSION<br />
0BInvestment Evaluation Summary<br />
TNM-GS-809-0720<br />
Although this option has lower initial <strong>capital</strong> cost, it is not the preferred option because it does not ensure the reliable<br />
operation of Meadowbank Substation and does not address NER compliance issues.<br />
7.2 OPTION 2: REPLACE SELECTED 110 KV ASSETS IN-SITU<br />
7.2.1 SCOPE<br />
The scope for this option includes:<br />
� in-situ 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 protection and control schemes; and<br />
� implement revised maintenance practices.<br />
The <strong>capital</strong> cost of this option is $4.93 million ($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 asset and safety issues associated with the 110 kV assets identified in section 4, in particular the<br />
110 kV voltage transformers and post insulators;<br />
� addresses the NER compliance issues associated with the Meadowbank–New Norfolk 110 kV transmission line<br />
protection scheme;<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 />
7.3 OPTION 3: REPLACE ALL 110 KV ASSETS IN-SITU<br />
7.3.1 SCOPE<br />
The scope for this option includes:<br />
� in-situ replacement of the existing live tank circuit breakers with dead tank units with integral current transformers;<br />
� replacement of 110 kV disconnectors in situ (excluding disconnector A429);<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 $4.33 million ($June 2007).<br />
7.3.2 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 />
© <strong>Transend</strong> Networks Pty Ltd 11 of 12