Jump to content

Anbaric Development Partners

Add links
From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Chris troutman (talk | contribs) at 20:39, 11 June 2014 (adds File:Anbaric Transmission logo.png). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Anbaric Transmission
Company typePrivate
IndustryEnergy
Founded2007
FounderEdward Krapels
Headquarters
Wakefield, Massachusetts
,
United States
Key people
Edward Krapels (CEO)
Stephen Conant (SVP)
Bryan Sanderson (Principal)
Clarke Bruno (Principal)
SubsidiariesAnbaric Microgrid
Websiteanbarictransmission.com

Anbaric Transmission, LLC is an American electric power transmission company located in Wakefield, Massachusetts. The company develops smart grid,[1] renewable energy, and large-scale electric transmission projects which use high-voltage direct current (HVDC) technology for clients in the United States and internationally.

Company overview

Anbaric Transmission delivers power from energy producers to population centers through the use of underground and submarine transmission lines.[1] Anbaric specializes in the development stages of transmission projects including conceiving, designing, and leading projects' proposal processes, which can take years.[1][2][3] Its customers include governments, investor-owned utilities, and public power generators.[1] The company's headquarters are located in Wakefield, Massachusetts.[1][4]

Leadership

Edward N. Krapels Ph.D is the chief executive officer and founder of Anbaric Holding, LLC, the parent company of Anbaric Transmission.[1] In addition to his role at Anbaric, Krapels serves as the chairman of Atlantic Energy Partners and is the former director of Energy Security Analysis Inc. Other senior leadership includes Stephen Conant, senior vice president for project development who, prior to Anbaric served as ESAI's senior market analyst. Together, Krapels and Conant publish a quarterly report on transmission industry developments.[5] Other principals include Bryan Sanderson and Clarke Bruno.[1][6]

Company history

Anbaric Transmission, LLC was incorporated in 2007 by founder Edward Krapels.[1] In 2001, Krapels began work as a market advisor for Atlantic Energy Partners on a project known as the Neptune Regional Transmission System, a submarine transmission connection between New Jersey and Long Island.[2][5] Krapels has stated that he obtained an ownership interest in the project, from which he founded Anbaric Transmission in order to focus on such transmission projects.[5] Anbaric was then part of the merchant group that developed the Neptune RTS project, which was completed in 2007.[7] In the late 2000s the company completed additional projects including the Hudson Transmission System, which brings power from upstate New Jersey to New York.[8]

Projects

Anbaric Transmission’s projects include the design and development of power transmission and energy projects.[1][3] Its completed projects include the Neptune Regional Transmission System and the Hudson Transmission System, while ongoing projects in development include the Bay State Offshore Wind Transmission System, Grand Isle Intertie Project, West Point Project and Poseidon Project.[9]

Neptune Regional Transmission System

The Neptune Regional Transmission System is a 660-MW high-voltage direct current line that connects Sayresville, New Jersey to Long Island.[7] Construction on the $600 million project began in fall 2005.[10] The 65-mile transmission line became operational in June 2007, and was developed by a merchant group including Anbaric Transmission.[7] As of 2007, the line was the largest source of imported electricity to Long Island.[10] In a 2007 report, the New York ISO noted that the Neptune cable reduced electricity prices in New York, and substantially reduced transmission congestion into Long Island and New York City.[11]

The Hudson Transmission System

The Hudson Transmission System is project developed by Anbaric. It consists of a 660-MW high-voltage direct current system which connects upstate New Jersey and Manhattan by traveling beneath the Hudson River.[12][13] The cable carries power from an electrical substation in Ridgefield Park, New Jersey to one located on West 49th Street, New York and provides enough power for 400,000 homes.[8] The project was completed in 2013 and cost approximately $850 million.[8]

Bay State Offshore Wind Transmission System

By November 2011, Anbaric had filed an interconnection request with ISO New England for the Bay State Offshore Wind Transmission System. The planned project consists of two 1,000-MW HVDC lines and, if approved, would be New England's first offshore transmission trunk line.[14][12][2]

Grand Isle Intertie Project

As of May 2013, the Grand Isle Intertie Project has been proposed by GII Development LLC, a subsidiary of Anbaric Holdings LLC managing the project. The proposal followed an April 2013 Customer Open Solicitation carried out by GII Development as per new guidelines issued by the Federal Energy Regulatory Commission.[15] The solicitation received a strong response from energy producers with requests for transmission in excess of the lines potential capacity.[16] If approved, the line would travel under Lake Champlain and carry 400-MW of electricity from Plattsburgh, New York to a Vermont Electric Power Company substation located in Essex, Vermont.[17][15] The company has begun the process of seeking permits from New York, Vermont, and the United States Army Corps of Engineers, which could take up to two years.[18]

West Point Project

West Point Partners, LLC, a subsidiary of Anbaric, submitted a proposal in June, 2013 to the New York Public Service Commission to create an 80-mile power line which would run beneath the Hudson River to bring power to the New York metro area.[19][20] The line would carry 1,000-MW of power from wind, solar, and natural gas producers.[19][21] Estimated costs of the project are around $900 million.[20]

Poseidon Project

Anbaric subsidiary Poseidon Transmission, LLC, filed an application in October 2013 with the New York Public Service Commission to begin construction on the Poseidon Project. This project seeks to bring 500-MW of power to the Long Island power grid via an underground high-voltage direct current transmission cable which would connect the Deans Substation in South Brunswick, New Jersey to the Ruland Road Substation in Huntington, New York.[22]

Green Line

As of March, 2014 the Green Line project has been proposed to the New England States Committee on Electricity. The project would supply Boston power grids with renewable energy via a 140-mile undersea cable from Wiscasset, Maine.[23][13]

References

  1. ^ a b c d e f g h i "Company Overview of Anbaric Transmission, LLC". Bloomberg Business Week. Retrieved 7 April 2014.
  2. ^ a b c Elisa Wood (1 January 2012). "Tough times: North American offshore wind". Platts Energy Economist. Retrieved 7 April 2014.
  3. ^ a b Mark Hand (30 May 2014). "Transmission developer rides Neptune's success into New England's energy battles". SNL. Retrieved 4 June 2014.
  4. ^ Erin Ailworth (11 June 2010). "State sets aside key rule on energy". Boston Globe. Retrieved 3 April 2014.
  5. ^ a b c "Eastern-Based Energy Market Analysts Wear Developer Hats, Too". Energy Prospects West. 24 February 2006. Retrieved 16 April 2014.
  6. ^ Anbaric Transmission. "AnbaricPrincipals". Retrieved 10 April 2014.
  7. ^ a b c Juliana Brint (14 October 2013). "New York City, Long Island attract project" (PDF). MegaWatt Daily. McGraw Hill Financial. Retrieved 7 April 2014.
  8. ^ a b c Patrick McGeehan (3 June 2013). "The Light Switches Are in Manhattan, the Power's From New Jersey" (PDF). The New York Times. Retrieved 7 April 2014.
  9. ^ Anbaric Transmission. "Anbaric Transmission Projects". Retrieved 11 April 2014.
  10. ^ a b John Rather (21 January 2007). "A Power Infusion Comes to Long Island by Land and by Sea" (PDF). New York Times. Retrieved 7 April 2014.
  11. ^ David B. Patton and Pallas LeeVanSchaick. "2007 State of the Market Report New York ISO" (PDF). Potomac Economics. Retrieved 23 April 2014. {{cite web}}: line feed character in |title= at position 33 (help)
  12. ^ a b Lisa Wood (17 November 2011). "Anbaric Transmission plans trunk line offshore New England for wind energy". Global Power Report. Retrieved 7 April 2014.
  13. ^ a b Steve Muller (1 Mach 2010). "Transmission issues complicate efforts to establish national carbon standards". SNL Electric Utility Report. Retrieved 7 April 2014. {{cite news}}: Check date values in: |date= (help)
  14. ^ Lisa Wood (14 November 2011). "Massachusetts company proposes 2,000-MW offshore transmission project". Platts. Retrieved 9 April 2014.
  15. ^ a b "Anbaric seeks customers for transmission line project between New York and Vermont". Company News. Progressive Media. Retrieved 7 April 2014.
  16. ^ Lisa Wood (8 May 2013). "Solicitation for Northeast line gets strong response". Megawatt Daily. Retrieved 7 April 2014.
  17. ^ "New England in Brief". Brattleboro Reformer. 24 May 2013. Retrieved 7 April 2014.
  18. ^ Sarah Harris (7 June 2013). "Underwater power line could bring N.Y. power to New England". NCPR. Retrieved 10 April 2014.
  19. ^ a b James Nani (15 June 2013). "$1B project would bury powerline under Hudson" (PDF). Times Herald-Record. Retrieved 7 April 2014.
  20. ^ a b Robert Sullivan (6 November 2011). "A Slight Chance of Meltdown" (PDF). New York Magazine. Retrieved 7 April 2014.
  21. ^ Peter Behr (19 October 2011). "NUCLEAR". Climate Wire. Retrieved 7 April 2014.
  22. ^ Laura Schofer (24 September 2013). "Proposed electric cable will effect Wantagh, Seaford". Wantagh Herald Citizen. Retrieved 7 April 2014.
  23. ^ Tux Turkel (3 December 2009). "Panel remains stymied on rules for energy corridor proposals". Portland Press Herald. Retrieved 7 April 2014.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Anbaric_Development_Partners&oldid=612545353"