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AI-generated summary · Application · 01/21/2020

NSEB approves Nova Scotia Power's Terms of Reference for the 2020 Integrated Resource Plan under Matter M08929.

M08929 · P-884 - Nova Scotia Power Inc. (NSPI) - Integrated Resource Planning (IRP) and M08059--Generation Utilization and Optimization
AI summary
  • The Board, in a January 21, 2020 letter, approved the Integrated Resource Plan IRP Terms of Reference submitted by Nova Scotia Power Inc on December 16, 2019, for use in developing its 2020 IRP over a 25-year planning horizon.
  • The approved Terms of Reference confirm that minimization of the cumulative present value of annual revenue requirements remains the primary decision criterion, with greenhouse gas emissions reduction, reliability, plan robustness, and flexibility listed as secondary metrics (ToR as quoted in Board letter, Document 273431).
  • Natural Forces Services Inc. argued that GHG emissions reduction should be elevated to a co-primary criterion; NS Power and the Board accepted the existing multi-metric framework as sufficiently responsive to that concern.
  • Envigour Policy Consulting (on behalf of QUEST and Marine Renewables Canada) recommended explicit price-threshold modeling for emerging technologies including offshore wind, tidal, solar, hydrogen, EVs, and storage over the 25-year horizon; NS Power agreed in principle but declined to amend the ToR, treating technology cost curves as a 'signpost' element for future IRP phases.
  • The Board advised that it will adjudicate any substantial disagreements that cannot be resolved through the consultative process described in the Terms of Reference.

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What was filed

Documents filed on this day

  • 80156 Board letter re approves Terms of Reference other_documents