Topic:"Capacity Market Participation" in M03413

e. Waiting List KEMA states that keeping a few proposals in reserve as backup can lessen the effects of contract failure. NSPI has followed this recommendation in two ways. - i. In early November NSPI sent letters of intent to the projects...

AI summary NSPI maintains a waiting list of backup projects to mitigate contract risks, including letters of intent and expansion options. Board Staff deems this acceptable. NSPI's RFP and PPA include deposit requirements aligned with KEMA's recommendations, ensuring performance security through letters of credit and liquidated damages clauses.

22 4.0 CONCLUSION 23 24 NSPI has brought forward a low cost renewable project which is required for 2013 RES 25 compliance. NSPI's evidence confirms that its actions and those of its affiliates have 26 preserved the value in an otherwise f...

AI summary NSPI has completed a low-cost renewable energy project ahead of schedule and under budget, benefiting customers. The affiliate transactions associated with the project align with the Code of Conduct, which emphasizes demonstrable benefits to customers. NSPI requests approval for a $82.8 million capital expenditure and confirmation of compliance with the Code of Conduct.