Topic:"Capital Expenditures" in M03433

CI 38900 Tool Opsym-Incumbent Generation Dispatch Modeling REDACTED POWER An Emera Company · UARB APPRO VAL SHEET Project Title: Opsym-Incumber nt Generation Dispar Tool tch Modeling CI Number: 38900 Capital Project A uthorization Head Off...

AI summary This document outlines a capital project related to the Opsym-Incumbent Generation Dispatch Modeling tool, with budget and project estimates for 2010. The project was authorized by the Nova Scotia Utility and Review Board, with details including estimated start and close dates.

Parent CI Number Approved Date 4/30/2010 Project Cost Estimate FP#: 38900 Title Opsym-Incumbent Generation Dispatch ModelillfL Tool Item Description Acct Actv Unit Quantity Unit Price Total 1 Supply of Materials 1.1 License Fee OneTime 1 $...

AI summary The document outlines a project cost estimate for the Opsym-Incumbent Generation Dispatch ModelillfL Tool, including various expenses such as labor, consulting, and indirect costs, with a total estimated cost of $959,107.00. The project has been activated.

Reference Notes The exchange with the licensing of the new Gen Ops software is the Quote received from the supplier, the costs upon contract signing was at parity. The corresponding attachment is ·:he capital outlay for servers for the pre...

AI summary NSPI is responding to information requests regarding its 2010 Annual Capital Expenditure Plan, explaining the justification for the Opsym-Incumbent Generation Dispatch Modeling Tool project and the confidentiality of related attachments. The response emphasizes the need to protect project budget information to avoid competitive disadvantages and higher costs for customers.

3.6.Asset Valuation Opsym Val ue Install Cost $120,000 Install year 1997 Estimated Book Value unknown Replacement Value $252,000 Capital invested since installation $60,000 As a % of initial install 50% % of install value invested per year...

AI summary This section provides details on the asset valuation for an installation from 1997, including install cost, replacement value, and capital invested over time. The table outlines key financial metrics, though the estimated book value is unknown.

- Historical capital investment numbers are anecdotal (no capital records exist) - Capital investments that spanned multiple years are represented as a single-year spend, in the year the asset was declared "in service". - Operating costs a...

AI summary The document outlines the methodology used for capital investment and operating cost calculations, noting that historical data is anecdotal and that multi-year investments are recorded as single-year spends. Operating costs are based on vendor support and escalated annually at 3%, while replacement value is calculated using installed value, age, and appreciation rate.

10 Year Investment History Capital % of Initial Operating % of Total Cost Initial Cost Spend 1998 $0 0% $60,818 51% $60,818 1999 $0 0% $62,699 52% $62,699 2000 $60,000 50% $64,639 54% $124,639 2001 $0 0% $66,638 56% $66,638 2002 $0 0% $68,...

AI summary The document presents a 10-year investment history, showing capital and operating expenditures from 1998 to 2007, with total spending reaching $810,202. The table highlights the distribution of costs and percentages over time, providing a financial overview of investments made during this period.

NON CONFIDENTIAL 1 Request IR-1: 2 3 According to the information submitted with the approval request, $427,000 was spent "to 4 date". What is the current status of the project? 5 6 Response IR-1: 7 8 As of September 20, 2010, $433,091 has...

AI summary As of September 20, 2010, $433,091 had been spent on a project, with 75% of the forecasted budget committed. Training is scheduled for late October 2010, and the project is expected to be completed in 2010, with $50,000 carry-over for software optimization into early 2011.

CI # 38900 Opsym - Incumbent Generation Dispatch Modeling Tool $959,107 The current cost estimate for this project of $959,107 represents a slight reduction from the amount of $988,123, which was included in the 2010 ACE Plan. As a part of...

AI summary The Board approved a $959,107 capital expenditure for NSPI to replace the outdated Opsym software with Ventyx's Energy Portfolio Management tool, citing necessity and cost justification. The project aims to enhance dispatch modeling for combined cycle gas turbines, wind resources, and transmission, improving NSPI's operational efficiency. The approval follows a 2010 ACE Plan review and subsequent information requests.

CI # 38900 Opsym - Incumbent Generation Dispatch Modeling Tool $959,107 The current cost estimate for this project of $959,107 represents a slight reduction from the amount of $988,123, which was included in the 2010 ACE Plan. As a part of...

AI summary The Board approved NSPI's request for $959,107 to replace the outdated Opsym software with Ventyx's Generation Operations tool, citing necessity and cost justification. The project, initially part of the 2010 ACE Plan, faced delayed approval due to insufficient initial justification but was later accepted after submitting revised cost estimates and documentation.