Topic:"Capacity Costs" in M10504

Trenton 5 Retirement Plan - In order to meet ongoing firm peak load and planning reserve margin requirements, replacement firm capacity is required before Trenton 5 can be economically retired in order to maintain adequate system reliabili...

AI summary The Trenton 5 Retirement Plan requires securing replacement firm capacity through near-term imports or a new combustion turbine (CT) before economic retirement. Retirement is delayed to 2024 due to planning timelines, with operating restrictions to avoid capital investment. A transmission study assesses retirement impacts, and NS Power engages employees affected by coal unit retirements.

1. Scope of Evergreen IRP 2022 Update – Assumptions AREA and the MEUs agree that changes have occurred since 2020 that warrant significant modeling updates. On Slide 2 of the 2022 Evergreen IRP Study Scope, NS Power states that the "evergr...

AI summary AREA and MEUs emphasize the need for updated assumptions in the Evergreen IRP 2022 study, requiring stakeholder input on GHG compliance modeling, Net Zero 2035 targets, firm import capacity, interconnection projects (TSR 411/412), battery storage, wind integration, and coal conversions. They stress transparency and timely information sharing to ensure assumptions reflect current data.

Action Plan Item 3a As discussed in the last IRP Action Plan Update (January 2022), the target retirement date for Trenton 5 was updated from 2023 to 2024. In order to continue to maintain resource adequacy while minimizing capital investm...

AI summary The retirement date for Trenton 5 was updated from 2023 to 2024, with operating restrictions to limit its hours. Recent IRP updates may impact retirement timelines, requiring replacement firm capacity via imports and the ECEI BESS project. NS Power will provide further updates in the 2023 10-Year System Outlook Report.

CE1-E1-R1-MMDSM NZ 2035-CURRENT POLICY AND TRENDS -ATLANTIC LOOP - MOD MID DSM Preliminary Scenario Metrics and Evaluation 26 Year NPVRR ($MM 2025$) $19,205 Key Input Assumptions and Observations 26 Year NPVRR with End Effects ($MM 2025$)...

AI summary The document evaluates the Modified Mid DSM (MMDSM) scenario's financial and environmental impacts compared to the base case (CE1-E1-R1). Key findings include a 26-year NPVRR increase of ~$0.4B, reduced wind capacity by ~500 MW, and increased SMR capacity (150 MW by 2050). Total emissions from 2025-2050 are comparable to the base case despite these changes.