BUFFALO POWER COMPANY July 22, 2003. Oregon Trail Energy Project Buffalo Power Company, LLC High Plains Transmission, LLC.

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Presentation transcript:

BUFFALO POWER COMPANY July 22, 2003

Oregon Trail Energy Project Buffalo Power Company, LLC High Plains Transmission, LLC

Oregon Trail Energy Project Project Objective Provide new merchant transmission and power from Wyoming’s Powder River Basin, thereby contributing to economic development in Wyoming

High Plains Transmission, LLC 2,000 megawatts of transmission capacity extending from near Glenrock, Wyoming, to the Ben Lomond substation north of Salt Lake City

Buffalo Power Company Situated to Baseload Powder River Basin Gas

Buffalo Power Company Glenrock, Wyoming 1100 MW per Day 138,000 Dths per Day Planned Interconnections w/ TCGS & FUGGS

Buffalo Power Company Important Dates Estimated Closure of Power Sales Agreements – Fall, 2003 Estimated Closure of Gas Supply Agreements – Fall, 2003 Estimated Plant Start Date – Early 2006

Securing Gas Supply Plant Perspective Long Term Supply Availability Every Day Swing Capability

Securing Gas Supply Producer Perspective Long Term Market Portfolio Diversification Baseload Market Avoided Transportation Issues/ Costs

Gas Supply Pricing BPC will pay Market Price Cheyenne Hub Price Less Transport from Glenrock Plus Demand / Call / Swing Premium

Oregon Trail Energy Project & Buffalo Power Company Good for Wyoming Good for Producers Good for U S

BUFFALO POWER COMPANY July 22, 2003