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Annual General Meeting June 25, 2012. Mississippi River Power - AGM 2012. Board of Directors (5 Members) Des Houston (President) Bill Chapman Paul Virgin John Fraser Mayor John Levi Staff General Manager - Scott Newton Part-time Contractors - Brian Gallagher & Ray Clement.
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Annual General Meeting June 25, 2012
Mississippi River Power - AGM 2012 • Board of Directors (5 Members) • Des Houston (President) • Bill Chapman • Paul Virgin • John Fraser • Mayor John Levi • Staff • General Manager - Scott Newton • Part-time Contractors - Brian Gallagher & Ray Clement
Mississippi River Power - AGM 2012 • Mississippi River Power Corp. is the generation side of the former Almonte Hydro • MRPC is a Corporation, under the Ontario Business Corporations Act, and was formed in 2000 after the electricity industry in Ontario was deregulated • The Corporation of the Town of Mississippi Mills owns 100% of the shares in MRPC
Mississippi River Power - AGM 2012 2011 Year in Review • Installed heating/cooling exchange system in generating station • Finalized Deficiency List on new Generating Station contract and had all outstanding items completed. • As this was our first winter generating with the new station, we had to make some minor improvements for proper cold weather operation. • Started preliminary work on the By-Wash and Millfall Dam repairs (initial surveys, concept plans, etc.)
Mississippi River Power - AGM 2012 2011 Year in Review cont’d • Continued discussions with MNR toward an agreement under the Endangered Species Act (as it relates to the American Eel) • Agreed on cost sharing arrangement with Ottawa River Power relating to our Redevelopment project • Resolved issue of nuisance trips of the station • Signed a Lease with the Town to take over responsibility for Metcalfe GeoHeritage Park
Mississippi River Power - AGM 2012 2011 Year in Review continued • Released Warranty Holdback on Lower Falls Redevelopment (final payment to General Contractor) • Finalized Lease Agreement with ORPC for fibre optic cable • Operation, Maintenance and Surveillance manual completed. • General Manager attended Public Safety around Dams seminar
Mississippi River Power - AGM 2012 2011 Year in Review (continued) • Removed logs at the Millfall Dam just prior to the Spring peak, to avoid flooding on the North Channel • Added smoke detectors with remote monitoring at old and new stations • Arranged to have semi-annual testing done on our transformer oil • Received approval from MM Council to name the new generating station, the Brian J. Gallagher GS
Mississippi River Power - AGM 2012 2011 Year in Review (continued) • Both penstocks were de-watered in August, to perform a scheduled inspection of the turbines, and penstocks, and for M. Sullivan & Son to fix the remaining issues on the deficiency list • General Manager was a panelist at the Ontario Waterpower Association’s annual Power of Water Conference speaking on “Retrofits, Expansions, and Redevelopments”
Mississippi River Power - AGM 2012 2011 Year in Review (continued) • Negotiated a change to the loan agreement with Infrastructure Ontario, which would change the repayments structure from semi-annual, to monthly payments. This will save MRPC $20,000 annually and $580,000 over the life of the loan (30 years). • Board thanked outgoing member – Councillor Dalgity for his outstanding work as a Board Member over the past 5 years, and welcomed new member, Mayor Levi.
Mississippi River Power - AGM 2012 • Revenue Forecast (Projections) • Projections are based on historical flows in Mississippi River at Appleton, from 1919 to present. • In 2011 we saw flows that were well above average for the first half of the year. Unfortunately that was balanced out by below average flows for the second half of the year. • For the year, we were within 2% or less than $50,000 of our projected revenue.
Mississippi River Power - AGM 2012 Climate Change and Watershed Trends • Higher streamflows (September – January) • Lower streamflows (April – September) • Earlier & lower spring freshets • Greater frequency of high intensity rainfalls • Earlier spring break-up
Mississippi River Power - AGM 2012 Source: “From Impacts Toward Adaptation – Mississippi Watershed in a Changing Climate”, Paul Egginton & Beth Lavender, http://www.mvc.on.ca/program/ccreport2009.pdf,
Mississippi River Power - AGM 2012 What’s coming up in 2012 • Renovation of washroom in Metcalfe GeoHeritage Park • Landscaping plan for Metcalfe GeoHeritage Park • New signage • By-wash repair (design and approvals) • Millfall Dam repair (design and approvals) • Doors Open on September 8
Mississippi River Power - AGM 2012 Penstock Issue • April 13th, noticed unit#2 output limited to 50% • Tests performed to eliminate possible electrical/automation system related causes • Decision made to move up planned annual inspection (originally scheduled for the Fall) • June 11th, penstock de-watered, and turbine inspected • June 13th, turbine inspected by certified inspector - looked normal • June 13th pm, decision made to inspect the penstock
Mississippi River Power - AGM 2012 Penstock Issue cont’d • June 13th, we entered penstock #2 and discovered it was badly damaged. • Over 60% of the penstock damaged • June 15th, inspection of penstock done from upper end • Appears as though problem started at seam between draft tube at old GS and transition section • June 15th, decision was made to shut down other unit, until it can be inspected by qualified engineer or weld inspector.
Mississippi River Power - AGM 2012 Penstock Issue cont’d • Over the past two weeks, the General Contractor on the construction of the new station has inspected the penstock along with their insurer, as has an inspector from our Insurer. • This week, our Consulting Engineering firm (Genivar) will have representatives here to inspect the damage • We plan to have a welding inspector here this week to examine the undamaged penstock, and provide us with recommendations on what needs to be done to avoid a similar problem... So we can complete the necessary work and restart that unit.
