Eversource Energy (d/b/a) · NYSE:ES

Eversource Energy (d/b/a) — Eversource Energy — Corporate Update (February 2020)

16 slides from Eversource Energy (d/b/a)'s corporate update, Feb 24, 2020

  1. Slide 1: ASO Study Customer Update Meeting

    ASO Study Customer Update Meeting February 24, 2020 Westwood, MA Safety First and Always

  2. Slide 2: Agenda

    Agenda  Eversource introductions  Overall ASO study process update  Post ISA projects update  Level 0/1 results  Level 3 update  Feedback from ASO stakeholders  Next steps  Q&A Safety First and Always

  3. Slide 3: Update on Process & Key Dates

    Update on Process & Key Dates Level 3 studies – Customers opt in technical Level 0/1 customer Kickoff meeting or opt out to define information payments received study groups requested from December 12th December 19th defined group January 20th *Level 0/1 project scopes locked* ISO-NE Level 0/1 Level

  4. Slide 4: Post ISA Projects

    Post ISA Projects  Varying statuses by individual project  Level 0s Eastern MA – 5 Western MA – 28 1 – approved 8 – approved 1 – to be approved in Feb RC 1 – approved in Jan RC, but has chosen to withdraw 1 – to be approved in April RC 5 – to be approved in Feb RC 2 – waiting on customer data 14 –

  5. Slide 5: Post ISA Projects - Level 3s

    Post ISA Projects  Level 3s Eastern MA – 24 Western MA – 1 3 – on March RC agenda 1 – withdrawn 21* – anticipating May RC agenda *4 projects at Wing Lane need correct models Safety First and Always

  6. Slide 6: Level 0/1 Screening Results – WMA

    Level 0/1 Screening Results – WMA  17 projects total of 65.8 MW – 15 projects totaling 58.6 MW in Pittsfield area – 2 projects total of 7.2 MW in Springfield area  Transfer limit screening findings/results – Post contingent flow on a transmission line in the Pittsfield Area was slightly above 100%

  7. Slide 7: Level 0/1 Screening Results – EMA

    Level 0/1 Screening Results – EMA  26 projects total of 94.2 MW – 4 projects total of 11.7 MW in Greater Boston – 8 projects total of 32.5 MW in Upper SEMA – 14 projects total of 50 MW in Cape  Transfer limit screening findings/results – No transmission upgrades required – No applications will be

  8. Slide 8: Level 0/1 Next Steps

    Level 0/1 Next Steps  Level 0/1 PPAs to ISO-NE – Notification emails to customers last week for project size verification (prior to PPA submittal) – Awaiting customer responses  Response timeframe may impact ISO deadline for next agenda  Submittal of PPAs to the RC by March 3rd  RC review and ap

  9. Slide 9: Level 3 Studies Update

    Level 3 Studies Update  Level 3 studies – Conduct thermal and voltage steady state, transient, short circuit, stability analysis – Technical data requested from projects and is required to start studies  Technical data list provided via email on January 16th (also posted to ASO website) – To date,

  10. Slide 10: Level 3 Studies - Technical Data Needed

    Level 3 Studies - Technical Data Needed  Conductor types and distance  Project inverter modeling information (>=5MW) – Between Project and inverters/GSUs – Datasheet and manual – Project’s tie line to the point of interconnection – Reactive capability curve and/or data tables (POI) necessary to cr

  11. Slide 11: Level 3 Data Validation & Approval Process

    Level 3 Data Validation & Approval Process Customer Project Ready Submittal Package for Level 3 Accepted Study Customer Transmission Planning Submits Performs Technical Data Model Package Validation Customer Customer *March 16, 2020* Customer Project Ready Submittal Resubmits Submittal Package Rejec

  12. Slide 12: Level 3 Studies – Milestone Dates

    Level 3 Studies – Milestone Dates Date Milestone This Week email to customers with payment information and request to opt in or out March 16th Customers opt in/out, provide payment and technical data due Cure Period timeframe to get project’s modeling rectified and any March 16th - March 23rd missed

  13. Slide 13: Feedback from ASO Stakeholders

    Feedback from ASO Stakeholders  Communications to date  Level 3 study cost – If deeper dive analysis required in any of the 5 geographic areas, additional payment may be requested for projects in only those areas Safety First and Always

  14. Slide 14: Next Steps

    Next Steps  Level 3 customers – Look for an email from ASOStudyInquiry@eversource.com requesting that you opt in or out of the study alongside payment information – To opt in, please respond in writing via email – No response will indicate an “opt out”  Level 3s to submit payment and all technical

  15. Slide 15: Customer Questions Received

    Customer Questions Received  What will be the effect of changing inverter type on the transmission level study? We are considering changing inverters on some of our projects from a central to string inverter - we are not contemplating a change in A/C capacity, just inverter type / manufacturer. Sin

  16. Slide 16: OPEN Q&A

    OPEN Q&A Safety First and Always

Eversource Energy — Corporate Update (February 2020) on 6ix