Anbaric Development Partners Explained

Anbaric Development Partners
Type:Private
Founder:Edward Krapels
Key People:Clarke Bruno (CEO)
Janice Fuller (President, Mid-Atlantic)
Peter Shattuck (President, New England)
Bryan Sanderson (Partner, Project Manager)
Howard Kosel (Partner, Project Manager)
Luis Ortiz (Vice President, Storage)
Industry:Energy
Products:Transmission
battery storage
Foundation:2004
Location City:Wakefield, Massachusetts
Location Country:United States

Anbaric Development Partners (Anbaric) is an American electric power transmission and storage development 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 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] Its customers include governments, investor-owned utilities, and public power generators.[1] The company's headquarters are located in Wakefield, Massachusetts.[1] [3]

Leadership

Senior leadership includes Clark Bruno, President and CEO, Janice Fuller who is in charge of all mid-Atlantic development, Peter Shattuck who leads transmission development in New England, and project managers Bryan Sanderson, and Howard Kosel. Luis Ortiz head up electric battery storage development.[4] Edward N. Krapels Ph.D was the founder of Anbaric Holding, LLC, the parent company of Anbaric.[1] Krapels died in 2020.

Company history

Anbaric Transmission, LLC was incorporated in 2004 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.[5] Krapels has stated that he obtained an ownership interest in the project, from which he founded Anbaric 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. In the late 2000s the company, along with other partners, completed additional projects including the Hudson Transmission System, which brings power from northern New Jersey to New York.

Anbaric Microgrid

In February 2015, Anbaric announced plans to develop a series of microgrids in New York State in response to New York’s call for more distributed generation resources and increased energy reliability.[6] [7] Anbaric has partnered with Exelon Corporation to build 10-200 megawatt microgrids in New York.[8]

Anbaric Development Partners

In March 2017, Anbaric and Ontario Teachers' Pension Plan created a new development company, Anbaric Development Partners.[9] The partnership was formed to develop clean energy infrastructure projects in North America, with Anbaric's management team leading the new company and Ontario Teachers’ committing to funding development costs, projected to produce $2 billion in fully constructed assets. The announcement marked the largest financial commitment by an investor in the company’s 15-year history.[10]

Operating Projects

Anbaric's projects include the design and development of power transmission and distributed generation energy projects.[1] [2] [11] 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, Vermont Green Line, Maine Green Line, West Point Project, and Poseidon Project.[12]

Neptune Regional Transmission System

The Neptune Cable, or the Neptune Regional Transmission System, is a 660-MW high-voltage direct current line that connects Sayreville, New Jersey (site of the Sayreville Energy Center) to Long Island.[13] Construction on the $600 million project began in fall 2005.[14] The 65-mile transmission line became operational in June 2007, and was developed by a merchant group including Anbaric.[13] As of 2007, the line was the largest source of imported electricity to Long Island.[14] 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.[15]

The Hudson Transmission System

The Hudson Project, or the Hudson Transmission System, is project developed by a partnership including 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.[16] The cable carries power from an electrical substation in Ridgefield Park, New Jersey (site of the Bergen Generating Station) to one located on West 49th Street, New York and provides enough power for 400,000 homes.[17] The project was completed in 2013 and cost approximately $850 million.[17]

Projects Under Development

Microgrids

Anbaric’s target microgrid customers include real estate buildings, hospitals, industrial facilities, government buildings, and municipalities throughout New York.[18] In the summer of 2015, Anbaric was part of a team that received funding from New York State’s NY Prize program to conduct microgrid feasibility studies in the Village of Freeport and Staten Island University Hospital.[19] [20]

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.[21] [22] [23]

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.[24] [25] The line would carry 1,000-MW of power from wind, solar, and natural gas producers.[26] Estimated costs of the project are around $900 million. Anbaric's partner, PowerBridge LLC, is developing the line.[27] The project would have interconnected the grid from a substation in Athens, New York to a substation near the Indian Point Energy Center, but was tabled when the landowner where the southern converter station would be located, Con Edison, sold the land to the Village of Buchanan. The Village of Buchanan then sold the rights to use the land to the natural gas company Spectra for their new proposed natural gas pipeline.[28]

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.[29]

Vermont Green Line

As of May 2013, the Vermont Green Line 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. The solicitation received a strong response from energy producers with requests for transmission in excess of the lines potential capacity.[30] 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 New Haven, Vermont.[31] [32] 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.[33]

Maine Green Line

On December 9, 2014, Anbaric and National Grid announced the formation of Green Line Infrastructure Alliance.[34] The Alliance aims to provide benefits to New England's energy consumers by providing consumers with access to large-scale, cost-effective sources of renewable and zero-emission energy; diversifying the region’s energy portfolio, thereby easing the constraints on the natural gas pipeline system and providing access to affordable clean energy; enabling the New England states to meet all current clean energy targets by 2020 at affordable prices and enhancing the reliability and resilience of the region’s power grid.

The Alliance's first project will be Maine Green Line, a hybrid land-and-sea HVDC project that will initially deliver 1,000MW of wind from northern Maine, firmed up by imports of hydropower from eastern Canada, via a submarine cable to Massachusetts. Maine-based constructor Cianbro Development Corporation will be a part of this project. Connecticut-based PowerBridge has been part of the Maine Green Line Development team.

NY and NJ Ocean Grid

Anabaric has submitted a proposal to develop the New York-New Jersey Wind Energy Transmission Line[35] [36]

Notes and References

  1. Web site: Company Overview of Anbaric Transmission, LLC . https://archive.today/20140502135423/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=106891376 . dead . May 2, 2014 . Bloomberg Business Week . 7 April 2014.
  2. News: Transmission developer rides Neptune's success into New England's energy battles . Mark Hand . SNL . 30 May 2014 . 4 June 2014.
  3. News: State sets aside key rule on energy . Erin Ailworth . https://web.archive.org/web/20150924190627/http://www.highbeam.com/doc/1P2-22178022.html . dead . 24 September 2015 . Boston Globe . 11 June 2010 . 3 April 2014.
  4. Web site: Our Team – Anbaric.
  5. News: Eastern-Based Energy Market Analysts Wear Developer Hats, Too . Energy Prospects West . 24 February 2006 . 16 April 2014 . https://web.archive.org/web/20140811204952/http://www.energyprospects.com/static/archives/83-print.html . 11 August 2014 . dead .
  6. News: Infrastructure developer Anbaric steps into world of microgrids, pushes high-voltage DC lines in U.S.. March 30, 2015. Environment & Energy Publishing, Inc.. E&ETV. Trauzzi. Monica. 24 August 2015.
  7. Web site: VIDEO: Exelon, Anbaric pair to develop New York microgrids. Electric Light & Power. PennWell Corporation. Hansen. Teresa. 24 August 2015.
  8. News: Illinois-based energy giant to build microgrids across New York . February 2, 2015 . POLITICO . POLITICO New York . Waldman . Scott . 24 August 2015 .
  9. Web site: Anbaric » Press Release: Anbaric Development Partners. anbarictransmission.com. en-US. 2017-05-12. https://web.archive.org/web/20170325092709/http://anbarictransmission.com/170309anbaricdevelopmentpartners/. 2017-03-25. dead.
  10. Web site: AnbaricDevelopmentPartners. AnbaricDevelopmentPartners. 12 May 2017. https://web.archive.org/web/20170325092709/http://anbarictransmission.com/170309anbaricdevelopmentpartners/. 25 March 2017. dead. dmy-all.
  11. Web site: St. John. Jeff. Anbaric and Exelon Try New Model for Microgrids in New York. Greentech Media. Greentech Media, Inc. 24 August 2015. St. John.
  12. Web site: Anbaric Transmission Projects . Anbaric Transmission . 11 April 2014.
  13. Web site: New York City, Long Island attract project . Juliana Brint . 14 October 2013 . MegaWatt Daily . McGraw Hill Financial . 7 April 2014 . https://web.archive.org/web/20160303215413/http://anbarictransmission.com/wp_content/uploads/2013/10/MD_20131014excerpt.pdf . 3 March 2016 . dead . dmy-all .
  14. News: A Power Infusion Comes to Long Island by Land and by Sea . John Rather . New York Times . 21 January 2007 . 7 April 2014.
  15. Web site: 2007 State of the Market Report New York ISO . David B. Patton and Pallas LeeVanSchaick . Potomac Economics . 23 April 2014.
  16. News: Transmission issues complicate efforts to establish national carbon standards . Steve Muller . SNL Electric Utility Report . 1 March 2010 . 7 April 2014.
  17. News: The Light Switches Are in Manhattan, the Power's From New Jersey . Patrick McGeehan . The New York Times . 3 June 2013 . 7 April 2014.
  18. Web site: Exelon explores bringing microgrids to New York. SmartGridNews.com. SmartGridNews. Brandt. Jaclyn. 24 August 2015. https://web.archive.org/web/20150924103125/http://www.smartgridnews.com/story/exelon-explores-bringing-microgrids-new-york/2015-03-02. 2015-09-24. dead.
  19. Web site: NY Prize Stage 1 Awards: Who, Why and What's it Mean for Community Microgrids. Microgrid Knowledge. Wood. Elisa. 9 July 2015. 24 August 2015.
  20. Web site: Creating a Grid-of-Grids: The Genius behind the NY Prize and its Real End Game. Microgrid Knowledge. Wood. Elisa. 22 August 2015. 24 August 2015.
  21. News: Tough times: North American offshore wind . Elisa Wood . Platts Energy Economist . 1 January 2012 . 7 April 2014.
  22. News: Anbaric Transmission plans trunk line offshore New England for wind energy . Lisa Wood . Global Power Report . 17 November 2011 . 7 April 2014.
  23. News: Massachusetts company proposes 2,000-MW offshore transmission project . Lisa Wood . Platts . 14 November 2011 . 9 April 2014.
  24. News: $1B project would bury powerline under Hudson. 15 June 2013. Times Herald-Record. James Nani. 7 April 2014.
  25. News: A Slight Chance of Meltdown. 6 November 2011. New York Magazine. Robert Sullivan. 7 April 2014.
  26. News: NUCLEAR. 19 October 2011. Climate Wire. Peter Behr. 7 April 2014.
  27. News: REFILE-Hudson River power line from N.J. to N.Y. enters service. 3 June 2013. Reuters. 8 August 2014.
  28. Web site: David McKay. Wilson. Cortlandt gets $2.8M from pipeline project. www.lohud.com. February 26, 2016. January 28, 2020.
  29. News: Proposed electric cable will effect Wantagh, Seaford. 24 September 2013. Wantagh Herald Citizen. Laura Schofer. 7 April 2014.
  30. News: Solicitation for Northeast line gets strong response . Lisa Wood . Megawatt Daily . 8 May 2013 . 7 April 2014.
  31. Web site: Anbaric seeks customers for transmission line project between New York and Vermont . Company News . Progressive Media . 7 April 2014.
  32. Web site: New England in Brief . 24 May 2013 . Brattleboro Reformer . 7 April 2014.
  33. News: Underwater power line could bring N.Y. power to New England . Sarah Harris . NCPR . 7 June 2013 . 10 April 2014.
  34. National Grid Press Release http://www.nationalgridus.com/aboutus/a3-1_news2.asp?document=9003 | Retrieved December 9, 2014
  35. Web site: Regional Proposals | Bureau of Ocean Energy Management.
  36. Web site: BOEM Announces Next Steps for Proposed New York – New Jersey Wind Energy Transmission Line | Bureau of Ocean Energy Management.