Topic:"Capacity Costs" in M03097

2010 04/08 Forecast Forecast 07/01/2008 11/30/2010 06/30/2011 $8,818,974.53 $29,783,718.14 $54,393,935.14 $0.00 . $92,996,627.81 $0.00 The project scope provides for the design, procurement, installation and commissioning in order to conve...

AI summary The document outlines a 2010 forecast with financial figures and a project scope for converting Tufts Cove 4 and 5 to combined cycle operation, increasing plant capacity to 150MW. Key components include heat recovery boilers, steam turbine generators, and environmental assessments.

Why do this project? The IRP Action Plan includes the following: "NSPI will apply to the UARB for the approval of capital investments to optimize the capacity and environmental performance of existing generation assets." The Tufts Cove 6 W...

AI summary The IRP Action Plan includes a Waste Heat Recovery project at Tufts Cove, which aims to provide customer savings, improve environmental performance, enhance power system stability, and add generation at the Province's load centre.

Why do this project now? This project will provide savings to NSPI customers over the planning period of approximately $75.4 million. Approval to proceed in June will allow this project to be in service for the winter of 2010/2011 peak sea...

AI summary This project will provide $75.4 million in savings to NSPI customers over the planning period and is expected to be in service for the 2010/2011 winter peak season. Regulatory approval is required due to the Tufts Cove Environmental Permit, which mandates conversion to combined cycle mode once the unit's annual capacity factor exceeds 20%, which occurred in 2005.

NON-CONFIDENTIAL 1 Request IR-13: 2 3 Reference Capital Cost Breakdown Table 4 5 Steam Turbine Generator and Major Components 6 7 Turbine Bypass System 8 9 a) Please provide documentation on the external noise levels that this project must...

AI summary The document contains a request (IR-13) to Nova Scotia Power Inc. (NSPI) regarding noise levels associated with a steam turbine generator project, including documentation on permitted noise levels, design changes, and cost implications.

3. Incorporation of Design or Equipment Specifications to Ensure Plant Optimization and Deliver a Long-Term Low Operating Cost Generating Facility

AI summary The section discusses incorporating design and equipment specifications to optimize plant performance and achieve long-term low operating costs for generating facilities.

[52] When questioned by the Board on this issue, Mr. Janega said: ... 1can assure you that Nova Scotia Power's track record on implementing projects on time, and on budget, is a key measure of ours. Internally, it's something that we take...

AI summary Mr. Janega emphasizes Nova Scotia Power's commitment to managing projects on time and within budget, noting that internal scrutiny and additional oversight were implemented to address challenges on the Tufts Cove 6 Waste Heat Recovery Project.

IN THE MATTER OF AN APPLICATION For Authority to Overspend (ATO) - TUC6 Waste Heat Recovery Project CI#28098 - (P-128.07) NewPage Port Hawkesbury Corp. and Bowater Mersey Paper Company Ltd. ("NPB") Information Requests to Nova Scotia Power...

AI summary The document outlines information requests made by NewPage Port Hawkesbury Corp. and Bowater Mersey Paper Company Ltd. to Nova Scotia Power Inc. regarding the TUC6 Waste Heat Recovery Project and an application for Authority to Overspend (ATO).

[1 ] On May 3, 2010, Nova Scotia Power Incorporated ("NSPI", the "Utility") submitted a request for Approval to Overspend ("ATO") to the Nova Scotia Utility and Review Board (the "Board") for the Tufts Cove 6 ("TUC6") Waste Heat Recovery P...

AI summary On May 3, 2010, Nova Scotia Power Incorporated submitted a request for an Authority to Overspend for the Tufts Cove 6 Waste Heat Recovery Project to the Nova Scotia Utility and Review Board. The project involves recovering waste heat from two combustion turbines to generate additional electricity, with a total project cost of approximately $93 million.

Counsel: ...the Board had asked questions around a couple of specific points. One of them was related to a comment in our information regarding the description of a net positive value. What we were trying to represent was the benefit in th...

AI summary The counsel discusses a project's net present value (NPV) under different operating scenarios, emphasizing that duct firing improves the project's value despite a negative NPV of $1.85 million in a worst-case scenario. They note that current natural gas prices may lead to higher capacity factors and benefits for customers through the fuel adjustment mechanism.

m the Intervenors. NSPI stated that"...the benefits of the Project have been sustained through NSPI's efforts to preserve or increase the otherwise reduced net present value... '; [Exhibit N-7, p. 1]. [51 ] NSPI further notes that while Av...

AI summary NSPI defends the TUC6 project, stating that its benefits have been preserved and that decisions were made with available technical information. NSPI argues that Avon's suggestion that costs should be borne by shareholders is unsupported and that due diligence was properly conducted.

0 /0 above the Board approved amount of $84 million, which included the original contingency. [57] The Board notes the comments of Mr. Janega on the subject of engineering and project design:

AI summary The Board acknowledges Mr. Janega's comments regarding engineering and project design, noting that the approved amount of $84 million includes the original contingency.