Eversource Energy (d/b/a) · NYSE:ES
Eversource Energy (d/b/a) — Eversource Energy — Corporate Update (November 2022)
13 slides from Eversource Energy (d/b/a)'s corporate update, Nov 10, 2022
Slide 1: Energy Facilities Siting Board Public Comment Hearing
Energy Facilities Siting Board Public Comment Hearing November 10, 2022, 6:00 PM Virtual via Zoom
Slide 2: Agenda
Agenda Overview of Greater Cambridge Energy Program Tonight’s focus: a third alternative for the Kendall Square to Union Square transmission line route Next Steps and Q&A 2
Slide 3: The Greater Cambridge Energy Program
The Greater Cambridge Energy Program Purpose and need The proposed program is designed to be an integrated, long-term solution to address reliability and electric growth needs in the greater Cambridge area. • Provides additional electric supply to meet growing needs • Strengthens the transmission sy
Slide 4: Alternatives Considered: Solar and Energy Storage have limitations
WhileAlternatives Other certainlyConsidered a piece of the solution, Solar Solar andand Energy energy Storage storage have limitations have limitations Solar • Not feasible due to size and duration of charge necessary to meet needs • Duration of need far exceeds solar availability • Widespread syste
Slide 5: Project Overview
Project Overview Program Overview New Newsubstation, new Transmission Station, New lines interconnecting Lines, to New electric grid Lines theDistribution Location of Proposed Station under new BP development New Underground Substation in Kendall Square • Integrated into Boston Properties redevelopm
Slide 6: Siting Route Selection – Universe of Routes
SitingRoute Siting Route Selection Selection – Universe – Universe of Routes of Routes Extensive review, Extensive stakeholder Review, feedback, Stakeholder iterative Iterative Feedback, approach Approach Initial “Universe of Routes” established mid-2020 We look at multiple factors in considering ro
Slide 7: Route Analysis and Selection
Route Analysis and Selection Proposed routes from Kendall Square ✓ Environmental considerations ✓ Reliability ✓ Cost 7
Slide 8: Potential Routes from Kendall Sq. to Union Sq.
Potential Routes from Kendall Sq. to Union Sq. Hybrid route S15 provides a third option KEY S1A S11C S15 8
Slide 9: Potential Routes from Kendall Sq. to Union Sq.
Potential Routes from Kendall Sq. to Union Sq. Hybrid route S15 follows RR track & South Street S1A S11C S15 9
Slide 10: Preliminary Comparisons and Conclusions
Preliminary Comparisons and Conclusions Early results indicate S15 is favorable, but more work remains S1A S11C S15 Good Best Natural & Built Environment Cost 10 Scoring is preliminary. Further analysis required to make final determination.
Slide 11: Typical Street Construction Sequencing for Line Installation
Typical Street Construction Sequencing for Line Installation The “train” Eversource crews will be working in local streets for each phase of the Project. Work near residences typically takes a few weeks. We coordinate with each city on traffic management and restoration plans. 1. Vault installation
Slide 12: Regulatory Timeline and Next Steps
Regulatory Timeline and Next Steps Eversource files a response MEPA ENF1 submittal Public comment hearing and a request to notice 12/15/2021 06/28/2022 08/11/2022 03/10/2022 07/20/2022 11/10/2022 EFSB2 submittal EFSB2 requests Eversource Public comment hearing evaluate a hybrid route from on hybrid
Slide 13: Contact Us
Contact Us For More Information: 1-833-836-0302 ProjectInfoMA@eversource.com www.eversource.com/greater- cambridge-energy-program Scan the QR Code to join our update list 13