Topic:"Capacity Market Participation" in M12835

Average fuel costs per MWh increased in Q4 2025 compared to Q4 2024 primarily due to a refund of previous NSPML assessment payments received in Q4 2024. For further details, refer to Note 5 in the NSPI Consolidated Financial Statements as...

AI summary Average fuel costs per MWh increased in Q4 2025 compared to Q4 2024, primarily due to a refund of previous NSPML assessment payments received in Q4 2024. The increase was also driven by higher generation from solid fuel and oil, lower delivery of the NS Block, and drier weather conditions reducing hydro generation. These were partially offset by favorable commodity prices and decreased generation from natural gas.

INTRODUCTION AND STRATEGIC OVERVIEW NSPI is a vertically integrated regulated electric utility. It is the primary electricity supplier in Nova Scotia, Canada. NSPI has $8.1 billion of assets and provides electricity generation, transmissio...

AI summary NSPI, Nova Scotia's primary electricity supplier with $8.1B in assets, operates 2,422 MW of generating capacity (44% coal/oil, 28% gas/oil, 19% renewables). It sources 40% of sales from renewables and has agreements with NLH for 900 GWh annually. NSPI also owns grid-scale batteries and contracts with IPPs/COMFIT participants for 573 MW of renewable capacity.

2025 Highlights Emera's momentum throughout 2025 came from consistent execution and commitment to operational excellence. Across our operations we advanced major capital projects, and in turn, hit key milestones. We translated our capital...

AI summary Emera achieved operational excellence in 2025 with major capital projects and strategic initiatives, including the opening of new facilities, battery storage projects in Nova Scotia, and the continued performance of the Maritime Link. Strategic progress included steps toward the sale of New Mexico Gas Company.

Highlights of net income (loss) changes are summarized in the following table: For the millions of dollars Three months ended December 31 Year ended December 31 Contribution to consolidated net (loss) income – 2024 $ (146) $ (686) Increase...

AI summary The table highlights changes in net income (loss) for the periods indicated, with key factors including increased marketing and trading margins due to favorable weather conditions, decreased equity earnings due to an unplanned outage, increased interest expenses, and various charges and gains related to asset sales and wind-down costs.

- (1) Includes $663 million related to NMGC (2026: $96 million, and $567 million thereafter). - (2) The Company's $1.2 billion USD, $750 million USD and $500 million USD hybrid notes mature in 2076, 2056 and 2054, respectively, and these m...

AI summary The text outlines NSPI's financial obligations, including debt maturity dates, future interest payments, and commitments related to electricity purchases and gas transportation. It also details NSPI's contractual obligation to NSPML for the use of the Maritime Link and Emera's commitment to provide transmission rights in New Brunswick for NLH.

CONFIDENTIAL (Attachment Only) 1 2 3 Tariff participants over varying contract lengths up to 25 years based on estimated production volumes as well as agreements for the purchase of import power. 4 5 The Company's purchased power commitmen...

AI summary The document discusses Nova Scotia Power's purchased power commitments, primarily through long-term agreements with IPPs and COMFIT. It outlines expected financial commitments over the next several years and notes anticipated curtailments due to increased wind generation.

REDACTED 2025 Annual and Regulated Financial Statements NSEB IR-11 Attachment 1 Page 4 of 6 REDACTED (CONFIDENTIAL INFORMATION REMOVED) COMFIT Commitments Summary Annual Energy Rate/MWh 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 203...

AI summary The document presents a summary of COMFIT Commitments for the Riverton Phase 1 and Phase 2 projects in the Municipality of Pictou, detailing annual energy rate commitments and financial obligations from 2026 to 2040.