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AI-generated summary · Application · 07/02/2026

Nova Scotia Power filed a July 2026 action plan update reporting completion of nearly all 2022–2023 FAM Audit recommendations, while the Board notified parties that Bates White's 2024–2025 FAM Audit Report will be delayed until early August.

M12665 · Nova Scotia Power Inc. - Fuel Adjustment Mechanism (FAM) Audit, conducted by Bates White for 2024 and 2025
AI summary
  • NS Power's July 2026 update (Exhibit N-4, Attachment 1) reports that the vast majority of the 34 recommendations from the 2022–2023 Fuel Cost Adjustment audit conducted by Bates White have been completed, with Bates White providing favourable assessments of NS Power's responses across chapters covering organization and controls, solid fuel and biomass procurement, natural gas supply and procurement, power plant performance, power purchase and sales, FAM accounting, and ELIADC tariff administration.
  • Key completions include: renegotiation of the Donkin coal supply agreement (eliminating minimum volume payment penalties); codification of the Shared Services and Steam Supply Agreement energy balance process with PHP (executed March 7, 2025); expanded biomass RFP documentation specifying Fuel Log Chip quantities (2025 RFP launched July 4, 2025); and NS Power/NSPEMI gaining access to the Dawn, Algonquin, and Tennessee Gas pipeline markets for gas sales.
  • The Eliadc Tariff recommendations saw significant progress: a revised ELIADC tariff was Board-approved December 8, 2025, separating the CBL Energy Charge from fixed cost recovery; a comprehensive hourly load-shifting benefit analysis was conducted in PortOps following restoration of the system in Q1 2026 after the cyber incident.
  • Recommendation XI-1 (Commitment and Dispatch Reporting / ECC Optimization Tools Project) remains the primary open item, with Go Live anticipated July 2026; Recommendation XIV-3 (gas resource portfolio resale analysis) is proposed to be deferred until actual market transactions occur to better demonstrate methodology.
  • The Board's Administrative Assistant notified all parties on June 30, 2026 that Bates White's 2024–2025 FAM Audit Report will be delayed due to scheduling conflicts, with filing expected in early August and a Hearing Order to follow at that time.

Disclaimer: This summary was generated by AI from the filings it describes. We take care to make it accurate, but errors are possible - and it isn't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →

What was filed

Documents filed on this day

  • N-4 2022-2023 FAM Audit Action Plan Update Attachment 1 - Redacted exhibits
  • N-4(C) 2022-2023 FAM Audit Action Plan Update Attachment 1 - Confidential exhibits
  • 102584 Email NSEB re: delayed filing other_documents