Topic/Matter Intersection

Topic:"Asset Retirement Obligation" in M11221

Matter: P-194 - Nova Scotia Power Inc. - 10-Year System Outlook Report - 2023
2 passages 1 document

Asset Retirement Obligation across all matters →

N-1Report 2 passages
Section 45
1 In NS Power’s Wreck Cove LEM capital application, 22 the single-unit winter outages were 2 identified as requiring an offsetting capacity replacement. At the time of the application, NS Power 3 estimated the costs of replacement capacity...

AI summary The text discusses NS Power's Wreck Cove LEM capital application, highlighting the need for capacity replacement due to winter outages. It also addresses the retirement of the Annapolis Tidal Generating Station and the NSUARB's decision on the asset's status. The NSUARB will reconsider the application for amortizing the asset's value over 10 years.

Section 46
. On January 14, 2022 the NSUARB 24 concluded that it was not yet in a position to find the asset Not Used and Not Useful. The NSUARB 25 will reconsider the application for the requested accounting treatment if NS Power resubmits it 26 wit...

AI summary The NSUARB has not yet determined that the asset is Not Used and Not Useful and will reconsider the application if NS Power resubmits it with a decommissioning application. NS Power is continuing capital planning activities and discussions with Fisheries and Oceans Canada.

Disclaimer: These summaries were generated by AI from the filings they describe. We take care to make them accurate, but errors are possible - and they aren'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 →