Topic:"Asset Retirement Obligation" in M12743

rgely continued. Further, Accounting Policy 6240 (Allowance for Funds Used During Construction) provides that AFUDC does not accrue where a project is delayed for more than one year. As the interruption in this case was brief and did not c...

AI summary The text discusses the impact of a cybersecurity incident on AFUDC costs, referencing Accounting Policy 6240, which states that AFUDC does not accrue if a project is delayed for more than one year. The interruption in this case was brief and did not constitute a prolonged delay.

any components of existing systems can continue to provide value and whether assets not yet fully depreciated should now be considered no longer used and useful. [19](#page-13-0) The assets created by CI C0068714 will replace those associa...

AI summary The text discusses the replacement of an outdated on-premises PAM system with a modern cloud-based solution, highlighting the end of life for the legacy system and the infeasibility of reusing its components due to security and integration risks. It also mentions how prior PAM assets will continue to be amortized under the 2026–2027 GRA framework.

Issues Raised by Intervenors The CA and SBA raised several similar concerns with NS Power's application. Intervenors questioned the prudence of replacing the existing on-premise PAM solution because it had not reached the end of its useful...

AI summary Intervenors raised concerns about the prudence of replacing NS Power's existing PAM solution, questioning the need to replace it before its useful life has ended. They also challenged the amortization of existing PAM assets, as they are no longer in use. NS Power explained that the existing PAM systems lack vendor support and that the new project uses a SaaS model that does not involve NERC data storage in the cloud.