Topic:"2025 Ace Plan" in M12279

Reason for Variance The increase of approximately $1.7 million over the approved 2024 ACE Plan budget of $4,264,777 is due to additional scope resulting from inspection findings that the welds have failed in service on the shroud bands of...

AI summary The increase of approximately $1.7 million in the 2024 ACE Plan budget is due to unexpected issues discovered during turbine refurbishment, including failed welds and vibration problems. These issues required additional work, such as specialized welding and adjustments to improve heat rate and reduce downtime.

Authorization to Overspend (ATO) Capital Items • CI C0051136 – TUC2 HP/IP Turbine Refurbishment – $5,965,028 Originally approved in the 2024 ACE Plan for $4,264,777 ATO amount $1,700,251 $5,965,028 spent as at March 31, 2025 This project i...

AI summary The document outlines an Authorization to Overspend (ATO) for the TUC2 HP/IP Turbine Refurbishment project, originally approved in the 2024 ACE Plan with a budget of $4,264,777 and an ATO amount of $1,700,251. As of March 31, 2025, the total spent is $5,965,028, and the project is considered substantively complete with final closure activities ongoing.

Capital Reports Also included in this package are the 1st Quarter 2025 capital reports ending March 31, 2025. - Report 1 Overview of capital expenditures showing actual spending, by function and classification, compared to the 2025 ACE Pla...

AI summary The document includes the 1st Quarter 2025 capital reports, which provide an overview of capital expenditures, active projects, deferred and cancelled projects, and FIN reports. These reports are submitted in accordance with various ACE Plan orders and commitments.

1st Quarter Overview - as of March 31, 2025 Generation Distribution Transmission General Property Total NS Power 2025 ACE Plan Total 2025 Submitted ACE Total 188,123,238 182,568,887 256,543,819 65,139,528 692,375,472 Total YTD Spend 22,752...

AI summary The 1st Quarter Overview provides a summary of the 2025 ACE Plan Total and YTD Spend across Generation, Distribution, Transmission, and General Property. As of March 31, 2025, only 19% of the ACE Plan has been spent, with significant variances and changes to ACE Items for subsequent approval impacting potential capital spend.

\ \ The Changes to ACE Items for Subsequent Approval amount listed under Transmission includes the removal of C0044391 that was filed on April 10, 2025 by Wasoqonatl Transmission Inc. \ \ \ Amounts do not reflect the reforecast of capital...

AI summary The text discusses changes to ACE items for subsequent approval, specifically the removal of C0044391 by Wasoqonatl Transmission Inc. on April 10, 2025. The amounts listed do not include reforecasts of capital projects or subsequent items.

1st Quarter Overview - as of March 31, 2025 ACE Plan Reference Submission or Approved Transmission 52314 1C-GT1/UT1 Replacement 2018 ACE Plan 2018 ACE Plan $ 2,032,393 $ 2,032,393 $ 1,678,006 Approved Transmission 49815 2017 / 2018 Steel T...

AI summary The document provides an overview of approved and internally FIN'd projects as of March 31, 2025, including details such as project names, costs, and references to the Annual Capital Expenditure (ACE) Plan. Projects include transmission and distribution upgrades, with associated costs and ACE Plan references.

This report includes any deferred or cancelled projects that were included in the 2025 ACE Plan. CI Project Title 2025 ACE Amount 2025 ACE Project Total Cancelled / Deferred Deferred To Prior Approval 2025 ACE Plan Reference Commentary Gen...

AI summary This report outlines deferred and cancelled projects from the 2025 ACE Plan. Projects such as the HYD - Tusket Facility Refurbishment and several expansion joint replacements have been deferred to 2026, while the TRE6 - Caustic Heater Heat Exchanger project has been cancelled due to risk mitigation measures.