BOARD00887

• Board Meeting Date: 7/8/1966
• Description: Minutes
• Board Meetings - Doc Type: Meeting

second Glen Canyon-Flagstaff-pinnacle Peak
345-kv line is essentially complete and will
be placed in operation during July.

The marketi~g of storage Project power .
reached a new milestone in the month of ~y.
For the first time in the history of the proj- 1-
ect, revenues for a one-month period reached
one million dollars.

Contracts for firm power now exceed
850,000 kilowatts in the summer season and
625,000 kilowatts in the winter season.
Revenues are developing generally as forecast
in tile latest Average Rates and Repayment Study
and on June I totaled $13,689,489.

Surplus energy has been available and
marketed at 3 mills per kilowatt-hour during
most of this summer. However, the sale of
surplus energy is not expected to continue
beyond early fall, and future sales will be
dependent on water conditions.

Because of the minimum water runoff this
spring, we have taken another look at our future
marketing plans so that contracting for firm
power does not get ahead of available generation
in the event of a series of low water years.

Both Flaming Gorge and Glen Canyon are
fully operational and performing satisfactorily.
Blue Mesa is expected to be on the line by March
1967 and Fontenelle by April 1968.

The Montrose Operation Center is now com-
pleted and in operation as control center for
the generation and transmission of all Storage
Project po\.,er.

1

A system shakeup resulted June 8, 1966,
from a misoperation of a transformer relay at
the pinnacle Peak substation. Although wide-
spread in its effects, little inconvenience
resulted to customers of the Bureau and the in-
terconnected utilities. The Rocky Mountain