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HomeMy WebLinkAboutHandout - BPA I-5 Corridor Reinforcement Project � �Gt,�i�,��«.�� ___-- ������ �� ' I-5 Corridor Reinforcement Project BPA will not build 5/18/2017 12:00 AM The Bonneville Power Administration will not build the I-5 Corridor Reinforcement Project, a proposed 80- mile, 500-kilovolt transmission line that would have stretched from Castle Rock,Washington,to Troutdale, Oregon. The decision, announced today by Administrator Elliot Mainzer, caps a comprehensive public process and reflects BPA's commitment to taking a more flexible, scalable, a a St announced in 2009 rso'ughtlt efficient approach to managing its transmissian system.The pro�ect, address a reliability issue along a transmission corridor in southwest Washington and northwest Oregon that could lead to power outages. Following a final environmental impact statement#hat was relee�eBPAF�e gran an ex ensi eaev ew of promised the region that BPA would conduct additional anatys financial forecasts, planning assumptions and commercia� s toladdr ss the underlying i suets�itanaging findings of regional uti li ties an d i n d e p e n d e n t i n d u s t ry e x p e r t congestion along the I-5 corridor while maintaining the p°ns to I rov de eliable9 robust tra sm sshon process,Bonneville determined it could meet its obl�gatw p service with a more innovative,flexible approach. "Given the extensive work we've done in the past�mandston hehgr d'wi hout bueding h st80rmi eeine in now confident that we can continue to meet the de southwest Washington," Mainzer said. "We will always make safe and reliable transmission service a priority.We also recognize a growing need to be flexible and agile in our business practices to create the greatest value to electricity ratepayers in the Northwest." The decision provides certainty for the more than 300 h ndsoof othe snwho Iv ednnea o'therrr�ut y a�ong the preferred route identified in the final EIS, and thousa alternatives. "We are very thankful to the stakeholders and the public who actively engaged in this effort, and we appreciate their patience as we continued to look for how we could make the right investment at the right time under constantly evolving market conditions," Mainzer said. "Th e�our ex stng an I}rtical pro esses, budget for this project became the cataiyst for pushing us to reconsid our commercial business practices and our implementation of fed�ransforming how we plan for and me is much bigger than a decision to build or not build this line:We are manage our transmission system and commercial business practices regionwide." BPA identified that it used a For example, in reviewing its project assumptions with regional utitities, roach to conservative approach to risk that went beyond industry standards. By modernizing its app